Casey's General Stores, Inc. (CASY) vs Ulta Beauty, Inc. (ULTA)

ULTA leads on 12 of 16 compared metrics.

A side-by-side comparison of Casey's General Stores, Inc. and Ulta Beauty, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 16, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — CASY vs ULTA

growth of $100 · last 19y
CASY +3035.8%ULTA +1481.7%CASY compounded faster
01k2k3kStart $1002011201520192023$3,136$1,582
CASY ULTA

CASY vs ULTA: by the numbers

  • CASY is the larger company ($32.34B vs $20.28B market cap).
  • ULTA trades at the lower earnings multiple (17.68 vs 45.53 P/E).
  • ULTA converts more revenue to profit (9.36% vs 4.07% net margin).
  • CASY grew revenue faster over the past five years (15.06% vs 12.93% CAGR).
  • CASY pays a dividend (0.26% yield) while ULTA does not currently pay one.

Which is better, CASY or ULTA?

Metric tally: CASY 4 · ULTA 12

It depends on what you're optimizing for:

ValueULTA(lower P/E)
GrowthCASY(faster 5Y revenue CAGR)
QualityULTA(higher ROIC)

Metrics side by side

Valuation

MetricCASYULTA
P/E ratio45.5317.68
Forward P/E37.4414.78
P/S ratio1.851.63
P/B ratio8.238.03
PEG ratio1.3822.87
EV / EBITDA25.1612.63
FCF yield2.22%5.06%

Profitability

MetricCASYULTA
Gross margin24.61%39.33%
Operating margin5.89%12.54%
Net margin4.07%9.36%
ROE18.08%46.06%
ROIC10.25%22.76%

Dividends

MetricCASYULTA
Dividend yield0.26%
Payout ratio11.83%

Growth (annualized)

MetricCASYULTA
Revenue CAGR (5Y)15.06%12.93%
EPS CAGR (5Y)17.97%52.49%
FCF CAGR (5Y)14.74%0.55%
Total return CAGR (5Y)34.53%7.23%

Frequently asked

Which is better, CASY or ULTA?
It depends on your goal. value: ULTA (lower P/E); growth: CASY (faster 5Y revenue CAGR); quality: ULTA (higher ROIC). Across all compared metrics, ULTA leads 12 to 4.
Is CASY or ULTA cheaper?
On trailing earnings, ULTA is cheaper: CASY trades at a 45.53 P/E and ULTA at 17.68.
Which has grown faster, CASY or ULTA?
Over the past five years, CASY grew revenue faster — CASY at a 15.06% CAGR versus ULTA at 12.93%.
Does CASY or ULTA pay a bigger dividend?
CASY pays a dividend (0.26% yield) while ULTA does not currently pay one.
Is CASY or ULTA more profitable?
ULTA runs the higher net margin — CASY at 4.07% versus ULTA at 9.36%.
Which has been the better investment, CASY or ULTA?
Over the past 10-year, CASY delivered the higher annualized total return — CASY at 23.05% versus ULTA at 7.07%. 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 16, 2026.