Ulta Beauty, Inc. (ULTA)

FairStock Score: 55/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I approach Ulta as a retailer first, and retailers earn my attention only when they combine customer appeal with disciplined cash generation. The business sells beauty products and salon services through stores and online, and in fiscal Q2 2026 (quarter ended 2026-08-01) it reported revenue of $3.0B, net income of $282.0M, and diluted EPS of $6.55. For fiscal FY2025 (period ended 2026-01-31), revenue was $12.4B, net income $1.2B, and diluted EPS $25.64; against fiscal FY2024 (period ended 2025-02-01), revenue was $11.3B and diluted EPS $25.34, so sales grew while EPS moved only modestly. FairStock calls it a FAST GROWER from five-year profit growth of 45.7% a year and revenue growth of 15.0%, but the latest filed annual figures show a more moderate recent pace. The quality markers are real: FairStock calculates ROE of 46.12%, ROCE of 14.84%, free cash flow of $1.1B, and an FCF yield of 4.3%. Still, debt/equity is 0.95, Piotroski is 4/9, and the Altman Z-Score is 4.78. At the 2026-10-26 close of $625.33, FairStock's P/E is 22.76, P/B is 9.85, PEG is 2.80, and EV/EBITDA is 14.96. The Graham Number is $195.41, implying a -219.56% margin of safety, so I see a good business but no Graham-style bargain. The FairStock Score of 56/100 fits that tension.

In plain English: Ulta Beauty sells cosmetics, skin care, hair care and salon services in stores and online. The company is profitable, produces cash, and has grown sales, but the shares look expensive compared with its profits and net assets. Its recent growth is steady rather than spectacular.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-26 close · note generated 2026-10-28 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-08-01) · fiscal Q1 2026 10-Q (period ended 2026-05-02) · fiscal Q3 2025 10-Q (period ended 2025-11-01) · fiscal Q2 2025 10-Q (period ended 2025-08-02) · FY2025 10-K (period ended 2026-01-31) · FY2024 10-K (period ended 2025-02-01) · FY2023 10-K (period ended 2024-02-03)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer