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Ulta Beauty, Inc. (ULTA) Debt to Equity Ratio: 0.78

Is Ulta Beauty, Inc.’s debt to equity ratio high or low?

Ulta Beauty, Inc.'s debt to equity ratio of 0.78 is 15% below its 5-year average of 0.92, near the low end of its 5-year range (0.77–1.20).

The debt to equity ratio for Ulta Beauty, Inc. (ULTA) is 0.78 as of Tuesday, June 9, 2026. It is above its 12-month average by 0.65% (0.78).

ULTA Debt to Equity Ratio Chart

ULTA Debt to Equity Ratio
0.78+1.30% 1Y
Zoom

ULTA Average Debt to Equity Ratio Chart

ULTA Current vs Average Debt to Equity Ratio Chart

ULTA Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

0.78

DEBT TO EQUITY RATIO AVG TTM

0.78

DEBT TO EQUITY RATIO AVG 3Y

0.84

DEBT TO EQUITY RATIO AVG 5Y

0.92

DEBT TO EQUITY RATIO AVG 10Y

0.59

DEBT TO EQUITY RATIO AVG 15Y

0.41

DEBT TO EQUITY RATIO AVG 20Y

0.38

CURRENT VS TTM AVG

+0.65%

CURRENT VS 3Y AVG

-7.14%

CURRENT VS 5Y AVG

-15.06%

CURRENT VS 10Y AVG

+31.39%

CURRENT VS 15Y AVG

+91.12%

CURRENT VS 20Y AVG

+104.24%

ULTA Competitors' Debt to Equity Ratio

NAMEMARKET CAPDEBT TO EQUITY RATIOTTM3Y5Y
Ulta Beauty, Inc. (ULTA)0.780.780.840.92
Rivian Automotive, Inc. (RIVN)$19.76B1.461.170.760.62
International Paper Company (IP)$18.07B0.730.720.710.85
Best Buy Co., Inc. (BBY)$15.83B1.391.421.381.37
Lululemon Athletica Inc. (LULU)$13.78B0.360.360.350.34
DraftKings Inc. (DKNG)$13.69B3.062.191.751.30
NIO Inc. (NIO)$12.45B6.315.993.582.54
Domino's Pizza, Inc. (DPZ)$10.57B-1.34N/AN/AN/A
GameStop Corp. (GME)$10.00B0.800.440.450.77
Wayfair Inc. (W)$9.42B-1.460.490.250.20

Financial Health

Debt/Equity

0.78

Current Ratio

1.41

Ulta Beauty, Inc. Debt to Equity Ratio Formula & Definition

Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Ulta Beauty, Inc. Debt to Equity Ratio FAQ

What is the debt to equity ratio for Ulta Beauty, Inc. (ULTA)?
The debt to equity ratio for ULTA stock is 0.78.
Is Ulta Beauty, Inc.'s debt to equity ratio high or low?
Ulta Beauty, Inc.'s debt to equity ratio of 0.78 is 15% below its 5-year average of 0.92, near the low end of its 5-year range (0.77–1.20).
What is the TTM average debt to equity ratio for Ulta Beauty, Inc. (ULTA)?
The TTM average debt to equity ratio for ULTA stock is 0.78.
What is the 3Y average debt to equity ratio for Ulta Beauty, Inc. (ULTA)?
The 3Y average debt to equity ratio for ULTA stock is 0.84.
What is the 5Y average debt to equity ratio for Ulta Beauty, Inc. (ULTA)?
The 5Y average debt to equity ratio for ULTA stock is 0.92.
What is the 10Y average debt to equity ratio for Ulta Beauty, Inc. (ULTA)?
The 10Y average debt to equity ratio for ULTA stock is 0.59.
What is the 15Y average debt to equity ratio for Ulta Beauty, Inc. (ULTA)?
The 15Y average debt to equity ratio for ULTA stock is 0.41.
What is the 20Y average debt to equity ratio for Ulta Beauty, Inc. (ULTA)?
The 20Y average debt to equity ratio for ULTA stock is 0.38.

Ulta Beauty, Inc. Debt to Equity Ratio History

DATEDEBT TO EQUITY RATIO
2026-01-310.78
2025-01-310.77
2024-01-310.84
2023-01-310.97
2022-01-311.20
2021-01-310.95
2020-01-311.02
2019-01-310.00
2018-01-310.00
2017-01-310.00
2016-01-310.00
2015-01-310.00
2014-01-310.00
2013-01-310.00
2012-01-310.00
2011-01-310.00
2010-01-310.00
2009-01-310.43
2008-01-310.35
2007-01-310.34
2006-01-310.37
2005-01-310.00
2004-01-310.00
2003-01-310.00

About Ulta Beauty, Inc.

Ulta Beauty, Inc. functions as a prominent beauty product retailer throughout the United States. Its physical locations feature a broad assortment of goods, including cosmetics, perfumes, skincare, haircare items, bath and body essentials, and professional salon styling instruments. Additionally, they provide a comprehensive suite of salon services, encompassing hair, skin, makeup, brow, and nail treatments. The company further offers its proprietary label products, such as the Ulta Beauty Collection for cosmetics, skincare, and bath items, alongside other Ulta Beauty branded merchandise and gift options. As of March 10, 2022, Ulta Beauty operated 1,308 retail stores across all 50 U.S. states. Its products are also available for purchase via its website, ulta.com, and through its mobile applications. Incorporated in 1990, the enterprise was initially known as Ulta Salon, Cosmetics & Fragrance, Inc., before officially changing its name to Ulta Beauty, Inc. in January 2017. Its corporate base is located in Bolingbrook, Illinois.

Bolingbrook, IL
20,000 employees
Consumer Cyclical / Specialty Retail
Sector
Consumer Cyclical
Industry
Specialty Retail
CEO
Kecia L. Steelman