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Ulta Beauty, Inc. (ULTA)
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Ulta Beauty, Inc. (ULTA) Enterprise Value (EV): $30.79B

The enterprise value (EV) for Ulta Beauty, Inc. (ULTA) is $30.79B as of Wednesday, June 10, 2026.

ULTA Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$30.79B

ULTA Competitors' Enterprise Value (EV)

NAMEMARKET CAPENTERPRISE VALUE (EV)
Ulta Beauty, Inc. (ULTA)$30.79B
Rivian Automotive, Inc. (RIVN)$18.55B$26.45B
International Paper Company (IP)$16.87B$30.46B
Best Buy Co., Inc. (BBY)$15.99B$16.13B
DraftKings Inc. (DKNG)$14.28B$13.11B
Lululemon Athletica Inc. (LULU)$13.69B$21.30B
NIO Inc. (NIO)$12.21B$11.62B
Domino's Pizza, Inc. (DPZ)$10.51B$19.12B
GameStop Corp. (GME)$10.08B$8.75B
CAVA Group, Inc. (CAVA)$9.38B$7.14B

Enterprise Value Calculation

Market Cap

$20.46B

+

Total Debt

$368.96M

Cash

$424.24M

=

Enterprise Value

$30.79B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Ulta Beauty, Inc. Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Ulta Beauty, Inc. Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Ulta Beauty, Inc. (ULTA)?
The enterprise value (EV) for ULTA stock is $30.79B.

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