Ulta Beauty, Inc. logo
Ulta Beauty, Inc. (ULTA)
Compare

Ulta Beauty, Inc. (ULTA) Operating Margin: 12.50%

Is Ulta Beauty, Inc.’s operating margin high or low?

Ulta Beauty, Inc.'s operating margin of 12.50% is in line with its 5-year average of 12.88%, around the middle of its 5-year range (5.10%–16.16%).

The operating margin for Ulta Beauty, Inc. (ULTA) is 12.50% as of Tuesday, June 9, 2026. It is below its 12-month average by 5.59% (13.24%).

ULTA Operating Margin Chart

ULTA Operating Margin
12.50%-10.59% 1Y
Zoom

ULTA Average Operating Margin Chart

ULTA Current vs Average Operating Margin Chart

ULTA Operating Margin Metrics

OPERATING MARGIN

12.50%

OPERATING MARGIN AVG TTM

13.24%

OPERATING MARGIN AVG 3Y

14.42%

OPERATING MARGIN AVG 5Y

12.88%

OPERATING MARGIN AVG 10Y

13.06%

OPERATING MARGIN AVG 15Y

12.63%

OPERATING MARGIN AVG 20Y

10.83%

CURRENT VS TTM AVG

-5.59%

CURRENT VS 3Y AVG

-13.33%

CURRENT VS 5Y AVG

-2.95%

CURRENT VS 10Y AVG

-4.27%

CURRENT VS 15Y AVG

-1.06%

CURRENT VS 20Y AVG

+15.38%

ULTA Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
Ulta Beauty, Inc. (ULTA)12.50%13.24%14.42%12.88%
Rivian Automotive, Inc. (RIVN)$19.76B-66.55%-80.45%-175.96%-1396.10%
International Paper Company (IP)$18.07B-11.33%-4.38%1.45%3.56%
Best Buy Co., Inc. (BBY)$15.83B3.33%3.73%3.70%4.15%
Lululemon Athletica Inc. (LULU)$13.78B19.91%21.79%21.92%20.69%
DraftKings Inc. (DKNG)$13.69B-0.26%-6.51%-25.51%-59.96%
NIO Inc. (NIO)$12.45B-16.89%-25.09%-30.66%-27.24%
Domino's Pizza, Inc. (DPZ)$10.57B19.31%18.99%18.30%18.13%
GameStop Corp. (GME)$10.00B7.88%3.59%0.32%-1.59%
Wayfair Inc. (W)$9.42B0.14%-1.88%-5.46%-3.33%

Operating Efficiency

Gross Margin

39.1%

Operating Margin

12.5%

Ulta Beauty, Inc. Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Ulta Beauty, Inc. Operating Margin FAQ

What is the operating margin for Ulta Beauty, Inc. (ULTA)?
The operating margin for ULTA stock is 12.50%.
Is Ulta Beauty, Inc.'s operating margin high or low?
Ulta Beauty, Inc.'s operating margin of 12.50% is in line with its 5-year average of 12.88%, around the middle of its 5-year range (5.10%–16.16%).
What is the TTM average operating margin for Ulta Beauty, Inc. (ULTA)?
The TTM average operating margin for ULTA stock is 13.24%.
What is the 3Y average operating margin for Ulta Beauty, Inc. (ULTA)?
The 3Y average operating margin for ULTA stock is 14.42%.
What is the 5Y average operating margin for Ulta Beauty, Inc. (ULTA)?
The 5Y average operating margin for ULTA stock is 12.88%.
What is the 10Y average operating margin for Ulta Beauty, Inc. (ULTA)?
The 10Y average operating margin for ULTA stock is 13.06%.
What is the 15Y average operating margin for Ulta Beauty, Inc. (ULTA)?
The 15Y average operating margin for ULTA stock is 12.63%.
What is the 20Y average operating margin for Ulta Beauty, Inc. (ULTA)?
The 20Y average operating margin for ULTA stock is 10.83%.

Ulta Beauty, Inc. Operating Margin History

DATEOPERATING MARGIN
2026-01-3112.50%
2025-01-3113.98%
2024-01-3115.05%
2023-01-3116.16%
2022-01-3114.49%
2021-01-315.10%
2020-01-3112.44%
2019-01-3113.01%
2018-01-3113.76%
2017-01-3113.87%
2016-01-3113.28%
2015-01-3113.10%
2014-01-3112.91%
2013-01-3113.28%
2012-01-3111.05%
2011-01-318.17%
2010-01-315.57%
2009-01-314.27%
2008-01-315.12%
2007-01-315.31%
2006-01-315.08%
2005-01-313.77%
2004-01-312.57%
2003-01-313.66%

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