Best Buy Co., Inc. (BBY) vs Ulta Beauty, Inc. (ULTA)

ULTA leads on 9 of 16 compared metrics, though BBY is the cheaper stock.

A side-by-side comparison of Best Buy Co., Inc. and Ulta Beauty, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — BBY vs ULTA

growth of $100 · last 19y
BBY +62.6%ULTA +1361.7%ULTA compounded faster
Log scale — wide-divergence pair
101001k10kStart $1002011201520192023$163$1,462
BBY ULTA

BBY vs ULTA: by the numbers

  • ULTA is the larger company ($20.11B vs $16.55B market cap).
  • BBY trades at the lower earnings multiple (14.52 vs 17.53 P/E).
  • ULTA converts more revenue to profit (9.36% vs 2.73% net margin).
  • ULTA grew revenue faster over the past five years (12.93% vs -3.62% CAGR).
  • BBY pays a dividend (4.85% yield) while ULTA does not currently pay one.

Which is better, BBY or ULTA?

Metric tally: BBY 7 · ULTA 9

It depends on what you're optimizing for:

ValueBBY(lower P/E)
GrowthULTA(faster 5Y revenue CAGR)
QualityULTA(higher ROIC)

Valuation

MetricBBYULTA
P/E ratio14.5217.53
Forward P/E11.1614.65
P/S ratio0.401.62
P/B ratio5.387.97
PEG ratio0.7422.87
EV / EBITDA8.5312.53
FCF yield9.67%5.10%

Profitability

MetricBBYULTA
Gross margin22.50%39.33%
Operating margin3.40%12.54%
Net margin2.73%9.36%
ROE37.07%46.06%
ROIC13.87%22.76%

Dividends

MetricBBYULTA
Dividend yield4.85%
Payout ratio75.30%

Growth (annualized)

MetricBBYULTA
Revenue CAGR (5Y)-3.62%12.93%
EPS CAGR (5Y)-6.09%52.49%
FCF CAGR (5Y)-14.48%0.55%
Total return CAGR (5Y)-3.03%6.68%

Frequently asked

Which is better, BBY or ULTA?
It depends on your goal. value: BBY (lower P/E); growth: ULTA (faster 5Y revenue CAGR); quality: ULTA (higher ROIC). Across all compared metrics, ULTA leads 9 to 7.
Is BBY or ULTA cheaper?
On trailing earnings, BBY is cheaper: BBY trades at a 14.52 P/E and ULTA at 17.53.
Which has grown faster, BBY or ULTA?
Over the past five years, ULTA grew revenue faster — BBY at a -3.62% CAGR versus ULTA at 12.93%.
Does BBY or ULTA pay a bigger dividend?
BBY pays a dividend (4.85% yield) while ULTA does not currently pay one.
Is BBY or ULTA more profitable?
ULTA runs the higher net margin — BBY at 2.73% versus ULTA at 9.36%.
Which has been the better investment, BBY or ULTA?
Over the past 10-year, BBY delivered the higher annualized total return — BBY at 14.22% versus ULTA at 6.90%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.