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Ulta Beauty, Inc. (ULTA)
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Ulta Beauty, Inc. (ULTA) EV/FCF Ratio: 22.08x

Is Ulta Beauty, Inc.’s EV/FCF ratio high or low?

Ulta Beauty, Inc.'s EV/FCF ratio of 22.08x is in line with its 5-year average of 24.16x, near the low end of its 5-year range (16.85x–35.29x).

The EV/FCF ratio for Ulta Beauty, Inc. (ULTA) is 22.08x as of Tuesday, June 9, 2026. It is below its 12-month average by 17.06% (26.62x).

ULTA EV/FCF Ratio Chart

ULTA EV/FCF Ratio
22.08x+0.27% 1Y
Zoom

ULTA Average EV/FCF Ratio Chart

ULTA Current vs Average EV/FCF Ratio Chart

ULTA EV/FCF Ratio Metrics

EV/FCF RATIO

22.08x

EV/FCF RATIO AVG TTM

26.62x

EV/FCF RATIO AVG 3Y

24.11x

EV/FCF RATIO AVG 5Y

24.16x

EV/FCF RATIO AVG 10Y

34.94x

EV/FCF RATIO AVG 15Y

52.64x

EV/FCF RATIO AVG 20Y

55.15x

CURRENT VS TTM AVG

-17.06%

CURRENT VS 3Y AVG

-8.41%

CURRENT VS 5Y AVG

-8.62%

CURRENT VS 10Y AVG

-36.80%

CURRENT VS 15Y AVG

-58.05%

CURRENT VS 20Y AVG

-59.97%

ULTA Competitors' EV/FCF Ratio

NAMEMARKET CAPEV/FCF RATIOTTM3Y5Y
Ulta Beauty, Inc. (ULTA)22.08x26.62x24.11x24.16x
Rivian Automotive, Inc. (RIVN)$19.76BN/AN/AN/AN/A
International Paper Company (IP)$18.07B47.83x27.99x25.85x22.16x
Best Buy Co., Inc. (BBY)$15.83B11.37x12.95x15.29x16.33x
Lululemon Athletica Inc. (LULU)$13.78B11.43x19.32x31.52x73.90x
DraftKings Inc. (DKNG)$13.69B22.14x36.57x156.41x156.41x
NIO Inc. (NIO)$12.45B21.15x22.11x23.74x53.43x
Domino's Pizza, Inc. (DPZ)$10.57B23.92x29.99x37.51x38.69x
GameStop Corp. (GME)$10.00B13.69x17.54x38.75x65.26x
Wayfair Inc. (W)$9.42B26.26x41.24x87.65x77.22x

Cash Flow Valuation Comparison

EV/FCF

22.1x

P/FCF

20.0x

FCF Yield

4.99%

Formula: EV/FCF = Enterprise Value / Free Cash Flow

EV/FCF vs P/FCF:

  • EV/FCF accounts for debt and cash through enterprise value
  • P/FCF only considers equity value
  • EV/FCF can be compared across companies with different debt levels
  • Both measure how the market values cash generation

Ulta Beauty, Inc. EV/FCF Ratio Formula & Definition

EV/FCF = Enterprise Value / Free Cash Flow (TTM)

Enterprise value to free cash flow compares total company value to the cash the business generates after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Ulta Beauty, Inc. EV/FCF Ratio FAQ

What is the EV/FCF ratio for Ulta Beauty, Inc. (ULTA)?
The EV/FCF ratio for ULTA stock is 22.08x.
Is Ulta Beauty, Inc.'s EV/FCF ratio high or low?
Ulta Beauty, Inc.'s EV/FCF ratio of 22.08x is in line with its 5-year average of 24.16x, near the low end of its 5-year range (16.85x–35.29x).
What is the TTM average EV/FCF ratio for Ulta Beauty, Inc. (ULTA)?
The TTM average EV/FCF ratio for ULTA stock is 26.62x.
What is the 3Y average EV/FCF ratio for Ulta Beauty, Inc. (ULTA)?
The 3Y average EV/FCF ratio for ULTA stock is 24.11x.
What is the 5Y average EV/FCF ratio for Ulta Beauty, Inc. (ULTA)?
The 5Y average EV/FCF ratio for ULTA stock is 24.16x.
What is the 10Y average EV/FCF ratio for Ulta Beauty, Inc. (ULTA)?
The 10Y average EV/FCF ratio for ULTA stock is 34.94x.
What is the 15Y average EV/FCF ratio for Ulta Beauty, Inc. (ULTA)?
The 15Y average EV/FCF ratio for ULTA stock is 52.64x.
What is the 20Y average EV/FCF ratio for Ulta Beauty, Inc. (ULTA)?
The 20Y average EV/FCF ratio for ULTA stock is 55.15x.

Ulta Beauty, Inc. EV/FCF Ratio History

DATEEV/FCF RATIO
2026-06-0922.08x
2026-06-0821.45x
2026-06-0521.63x
2026-06-0421.44x
2026-06-0321.80x
2026-06-0222.79x
2026-06-0124.64x
2026-05-2925.01x
2026-05-2825.53x
2026-05-2724.94x
2026-05-2625.34x
2026-05-2225.30x
2026-05-2124.79x
2026-05-2024.29x
2026-05-1923.77x
2026-05-1823.69x
2026-05-1524.35x
2026-05-1424.53x
2026-05-1324.25x
2026-05-1224.85x
2026-05-1125.16x
2026-05-0825.59x
2026-05-0725.82x
2026-05-0626.21x
2026-05-0526.09x
2026-05-0425.43x
2026-05-0126.07x
2026-04-3026.32x
2026-04-2925.99x
2026-04-2826.35x
2026-04-2726.42x
2026-04-2427.28x
2026-04-2327.55x
2026-04-2227.53x
2026-04-2127.81x
2026-04-2027.91x
2026-04-1727.04x
2026-04-1626.41x
2026-04-1526.40x
2026-04-1426.12x
2026-04-1325.83x
2026-04-1025.54x
2026-04-0926.11x
2026-04-0826.11x
2026-04-0726.08x
2026-04-0626.56x
2026-04-0226.32x
2026-04-0126.28x
2026-03-3125.65x
2026-03-3025.07x
2026-03-2725.08x
2026-03-2625.60x
2026-03-2524.97x
2026-03-2424.50x
2026-03-2324.54x
2026-03-2025.14x
2026-03-1925.32x
2026-03-1824.74x
2026-03-1724.84x
2026-03-1624.57x
2026-03-1325.39x
2026-03-1229.22x
2026-03-1130.43x
2026-03-1030.20x
2026-03-0929.98x
2026-03-0630.16x
2026-03-0530.47x
2026-03-0430.80x
2026-03-0331.13x
2026-03-0231.48x
2026-02-2731.82x
2026-02-2632.28x
2026-02-2531.79x
2026-02-2431.89x
2026-02-2331.17x
2026-02-2031.73x
2026-02-1932.16x
2026-02-1832.02x
2026-02-1732.77x
2026-02-1331.76x
2026-02-1231.06x
2026-02-1131.74x
2026-02-1031.58x
2026-02-0932.31x
2026-02-0632.06x
2026-02-0531.52x
2026-02-0431.55x
2026-02-0331.32x
2026-02-0230.99x
2026-01-3030.20x
2026-01-2929.50x
2026-01-2829.81x
2026-01-2730.37x
2026-01-2630.80x
2026-01-2331.87x
2026-01-2231.68x
2026-01-2131.76x
2026-01-2031.42x
2026-01-1630.90x
2026-01-1530.97x
2026-01-1430.91x
2026-01-1330.96x
2026-01-1230.81x
2026-01-0931.01x
2026-01-0830.64x
2026-01-0730.55x
2026-01-0630.32x
2026-01-0529.50x
2026-01-0229.02x
2025-12-3128.37x
2025-12-3028.46x
2025-12-2928.36x
2025-12-2628.48x
2025-12-2428.53x
2025-12-2328.33x
2025-12-2228.72x
2025-12-1928.07x
2025-12-1827.90x
2025-12-1727.55x
2025-12-1627.70x
2025-12-1527.78x
2025-12-1228.23x
2025-12-1127.87x
2025-12-1028.19x
2025-12-0928.29x
2025-12-0827.70x
2025-12-0528.22x
2025-12-0425.31x
2025-12-0327.95x
2025-12-0228.11x
2025-12-0128.10x
2025-11-2827.68x
2025-11-2627.50x
2025-11-2526.83x
2025-11-2426.53x
2025-11-2126.58x
2025-11-2025.67x
2025-11-1925.72x
2025-11-1826.19x
2025-11-1726.29x
2025-11-1427.23x
2025-11-1327.44x
2025-11-1227.52x
2025-11-1126.92x
2025-11-1026.62x
2025-11-0726.68x
2025-11-0626.30x
2025-11-0526.87x
2025-11-0426.63x
2025-11-0326.66x
2025-10-3126.78x
2025-10-3026.30x
2025-10-2926.13x
2025-10-2826.73x
2025-10-2726.92x
2025-10-2426.67x
2025-10-2327.00x
2025-10-2226.75x
2025-10-2127.07x
2025-10-2026.96x
2025-10-1727.43x
2025-10-1627.60x
2025-10-1527.66x
2025-10-1427.78x
2025-10-1327.87x
2025-10-1028.17x
2025-10-0928.74x
2025-10-0828.96x
2025-10-0728.53x
2025-10-0629.01x
2025-10-0328.51x
2025-10-0228.58x
2025-10-0128.49x
2025-09-3028.05x
2025-09-2928.38x
2025-09-2628.30x
2025-09-2527.71x
2025-09-2427.53x
2025-09-2327.00x
2025-09-2226.70x
2025-09-1926.86x
2025-09-1827.49x
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2025-09-1627.03x
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2025-09-1226.53x
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2025-09-0327.31x
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2025-08-2925.49x
2025-08-2827.29x
2025-08-2724.90x
2025-08-2624.56x
2025-08-2524.48x
2025-08-2224.71x
2025-08-2124.30x
2025-08-2024.15x
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2025-08-1824.15x
2025-08-1524.33x
2025-08-1424.56x
2025-08-1324.85x
2025-08-1224.12x
2025-08-1123.36x
2025-08-0823.33x
2025-08-0723.68x
2025-08-0624.12x
2025-08-0523.86x
2025-08-0424.07x
2025-08-0123.75x
2025-07-3124.07x
2025-07-3024.18x
2025-07-2924.01x
2025-07-2824.26x
2025-07-2524.07x
2025-07-2424.01x
2025-07-2323.77x
2025-07-2223.53x
2025-07-2123.30x
2025-07-1823.12x
2025-07-1722.98x
2025-07-1622.76x
2025-07-1522.26x
2025-07-1422.52x
2025-07-1122.40x
2025-07-1022.37x
2025-07-0922.34x
2025-07-0822.68x
2025-07-0722.36x
2025-07-0322.44x
2025-07-0222.31x
2025-07-0122.25x
2025-06-3022.00x
2025-06-2721.58x
2025-06-2621.55x
2025-06-2521.62x
2025-06-2421.85x
2025-06-2322.16x
2025-06-2022.26x
2025-06-1822.25x
2025-06-1722.17x
2025-06-1622.18x
2025-06-1321.62x
2025-06-1221.76x
2025-06-1121.52x
2025-06-1021.75x
2025-06-0922.02x
2025-06-0621.90x
2025-06-0521.97x
2025-06-0421.90x
2025-06-0322.23x
2025-06-0222.35x
2025-05-3022.16x
2025-05-2919.98x
2025-05-2821.37x

Showing the most recent 260 of 4,275 data points. The chart above shows the full history.

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