Casey's General Stores, Inc. (CASY) vs Ulta Beauty, Inc. (ULTA)
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 September 13, 2026. Differences are shown without an overall score or investment verdict.
CASY
Casey's General Stores, Inc.
$597.48Consumer CyclicalDelayed quote: Sep 18, 2026, 4:00 PM EDT
ULTA
Ulta Beauty, Inc.
$540.98Consumer CyclicalDelayed quote: Sep 18, 2026, 4:00 PM EDT
Total return — CASY vs ULTA
growth of $100 · dividends reinvested · last 10yCASY +569.0% (+20.9%/yr)ULTA +123.5% (+8.4%/yr)CASY compounded faster over this window
CASY ULTA
CASY vs ULTA: by the numbers
- •ULTA is the larger company ($23.26B vs $22.11B market cap).
- •ULTA trades at the lower trailing earnings multiple (19.69 vs 28.78 P/E), one valuation lens rather than an overall verdict.
- •ULTA converts more revenue to profit (9.34% vs 4.14% net margin).
- •CASY grew revenue faster over the past five years (13.80% vs 11.09% CAGR).
- •CASY pays a dividend (0.38% yield), while ULTA is a former payer with no current dividend run rate.
Metrics side by side
Valuation
| Metric | CASY | ULTA |
|---|---|---|
| P/E ratio | 28.78 | 19.69 |
| Forward P/E | 27.99 | 18.66 |
| P/S ratio | 1.18 | 1.80 |
| P/B ratio | N/A | 8.80 |
| EV / EBITDA | 18.33 | 13.15 |
| FCF yield | 2.94% | 4.59% |
Profitability
| Metric | CASY | ULTA |
|---|---|---|
| Gross margin | 17.77% | 39.32% |
| Operating margin | 3.90% | 12.56% |
| Net margin | 4.14% | 9.34% |
| ROE | N/A | 45.77% |
| ROIC | 10.25% | 23.11% |
Dividends
| Metric | CASY | ULTA |
|---|---|---|
| Dividend yield | 0.38% | N/A |
| Payout ratio | 11.37% | N/A |
Growth (annualized)
| Metric | CASY | ULTA |
|---|---|---|
| Revenue CAGR (5Y) | 13.80% | 11.09% |
| EPS CAGR (5Y) | 17.97% | 52.46% |
| FCF CAGR (5Y) | 20.79% | 0.06% |
| Total return CAGR (5Y) | 27.14% | 7.24% |
Frequently asked
- Which has the lower trailing P/E, CASY or ULTA?
- ULTA has the lower trailing P/E: CASY trades at 28.78 and ULTA at 19.69. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, CASY or ULTA?
- Over the past five years, CASY grew revenue faster — CASY at a 13.80% CAGR versus ULTA at 11.09%.
- Does CASY or ULTA pay a bigger dividend?
- CASY pays a dividend (0.38% yield), while ULTA is a former payer with no current dividend run rate.
- Is CASY or ULTA more profitable?
- ULTA runs the higher net margin — CASY at 4.14% versus ULTA at 9.34%.
- How have CASY and ULTA total returns compared?
- Over the past 10 years, CASY delivered 18.60% and ULTA delivered 8.54% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Casey's General Stores P/E ratioUlta Beauty P/E ratioCasey's General Stores dividend yieldCasey's General Stores ROEUlta Beauty ROECasey's General Stores operating marginUlta Beauty operating marginCasey's General Stores revenue growthUlta Beauty revenue growthCasey's General Stores free cash flowUlta Beauty free cash flow
Casey's General Stores & Ulta Beauty appear in these rankings
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 September 13, 2026.