Packaging Corporation of America (PKG) vs Ulta Beauty, Inc. (ULTA)

A side-by-side comparison of Packaging Corporation of America and Ulta Beauty, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 8, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnPKG vs ULTA

growth of $100 · dividends reinvested · last 19y
PKG +1421.4%ULTA +1816.6%ULTA compounded faster
05001k2k2k3kStart $1002011201520192023$1,521$1,917
PKG ULTA

PKG vs ULTA: by the numbers

  • ULTA is the larger company ($24.30B vs $22.81B market cap).
  • ULTA trades at the lower trailing earnings multiple (21.18 vs 33.25 P/E), one valuation lens rather than an overall verdict.
  • ULTA converts more revenue to profit (9.36% vs 7.25% net margin).
  • ULTA grew revenue faster over the past five years (12.93% vs 6.09% CAGR).
  • PKG pays a dividend (2.05% yield), while ULTA is a former payer with no current dividend run rate.

Metrics side by side

Valuation

MetricPKGULTA
P/E ratio33.2521.18
Forward P/E24.4222.00
P/S ratio2.391.96
P/B ratio4.979.63
PEG ratio2.7422.87
EV / EBITDA13.4714.17
FCF yield3.08%4.22%

Profitability

MetricPKGULTA
Gross margin20.11%39.33%
Operating margin12.72%12.54%
Net margin7.25%9.36%
ROE15.06%46.06%
ROIC9.44%22.76%

Dividends

MetricPKGULTA
Dividend yield2.05%N/A
Payout ratio60.98%N/A

Growth (annualized)

MetricPKGULTA
Revenue CAGR (5Y)6.09%12.93%
EPS CAGR (5Y)12.12%52.49%
FCF CAGR (5Y)4.94%10.16%
Total return CAGR (5Y)16.10%9.87%

Frequently asked

Which has the lower trailing P/E, PKG or ULTA?
ULTA has the lower trailing P/E: PKG trades at 33.25 and ULTA at 21.18. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, PKG or ULTA?
Over the past five years, ULTA grew revenue faster — PKG at a 6.09% CAGR versus ULTA at 12.93%.
Does PKG or ULTA pay a bigger dividend?
PKG pays a dividend (2.05% yield), while ULTA is a former payer with no current dividend run rate.
Is PKG or ULTA more profitable?
ULTA runs the higher net margin — PKG at 7.25% versus ULTA at 9.36%.
How have PKG and ULTA total returns compared?
Over the past 10 years, PKG delivered 16.45% and ULTA delivered 7.97% annualized total return. 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 August 8, 2026.