Free Cash Flow for Ulta Beauty (ULTA)
Free Cash Flow for Ulta Beauty (ULTA): headline value $985.55M · YoY +10.8%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
ULTA
Currently viewingFree Cash FlowSwitch metric
Latest period
$985.55M
YoY change
+10.8%
5Y CAGR
+10.2%
Peak year (2022)
$1.17B
Latest annual
$1.07B
Free Cash Flow history chart for Ulta Beauty (ULTA) from 2002 to 2025
Free Cash Flow history table for Ulta Beauty (ULTA) from 2002 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $1.07B | +10.8% | ||
| 2024 | $964.15M | -7.4% | ||
| 2023 | $1.04B | -11.0% | ||
| 2022 | $1.17B | +31.9% | ||
| 2021 | $887.08M | +34.7% | ||
| 2020 | $658.49M | -18.0% | ||
| 2019 | $802.76M | +26.1% | ||
| 2018 | $636.73M | +88.0% | ||
| 2017 | $338.65M | +29.8% | ||
| 2016 | $260.94M | +240.2% | ||
| 2015 | $76.71M | -48.0% | ||
| 2014 | $147.53M | +45.1% | ||
| 2013 | $101.70M | +101.7% | ||
| 2012 | $50.42M | -45.3% | ||
| 2011 | $92.25M | +16.1% | ||
| 2010 | $79.43M | -24.2% | ||
| 2009 | $104.72M | -393.7% | ||
| 2008 | -$35.66M | -35.1% | ||
| 2007 | -$54.96M | +720.2% | ||
| 2006 | -$6.70M | +67.3% | ||
| 2005 | -$4.01M | — | ||
| 2003 | $0 | — | ||
| 2002 | $0 | — |
Free Cash Flow values are taken from Ulta Beauty's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Ulta Beauty (ULTA) most recent annual free cash flow stands at $1.07B (2025) – grew 10.8% year-over-year.
Ulta Beauty free cash flow has recorded the values shown across consecutive periods, with a +10.2% compound annual growth rate over 2020–2025 (5 years).
Ulta Beauty free cash flow declined from $1.17B in 2022 to $1.07B in 2025, a 8.7% drawdown.
2022 marks the peak free cash flow at $1.17B, with the historical low of -$54.96M recorded in 2007.
Ulta Beauty (ULTA) sits 9th of 8 Consumer Cyclical peers we track on this metric, against a peer median of $8.39B.
Ulta Beauty Free Cash Flow by Year
Ulta Beauty Free Cash Flow 2025: $1.07B
Ulta Beauty free cash flow in 2025 was $1.07B, grew 10.8% from 2024.
Ulta Beauty Free Cash Flow 2024: $964.15M
Ulta Beauty free cash flow in 2024 was $964.15M, declined 7.4% below 2023.
Ulta Beauty Free Cash Flow 2023: $1.04B
Ulta Beauty free cash flow in 2023 was $1.04B, declined 11.0% below 2022.
Ulta Beauty Free Cash Flow 2022: $1.17B
Ulta Beauty free cash flow in 2022 was $1.17B, surged 31.9% from 2021. This figure represents the highest annual value in the available history.
Ulta Beauty Free Cash Flow 2021: $887.08M
Ulta Beauty free cash flow in 2021 was $887.08M.
See more financial history for Ulta Beauty (ULTA).
Sector peers — Free Cash Flow
Companies in the same sector as Ulta Beauty, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| PDD Holdings Inc. (PDD) | $106.94B | Consumer Cyclical |
| Alibaba Group Holding Limited (BABA) | $78.16B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $12.65B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.09B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $7.70B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $7.19B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $6.22B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $4.86B | Consumer Cyclical |
Frequently asked questions
What is Ulta Beauty's free cash flow?
Latest reported free cash flow for Ulta Beauty (ULTA) is $985.55M (period ending January 31, 2026).
How has Ulta Beauty free cash flow changed year-over-year?
Ulta Beauty (ULTA) free cash flow changed +10.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Ulta Beauty free cash flow?
Ulta Beauty (ULTA) free cash flow compound annual growth rate is +10.2% over the most recent 5 years available.
When did Ulta Beauty free cash flow hit its highest annual value?
Ulta Beauty free cash flow reached its highest annual value of $1.17B in 2022.
What was Ulta Beauty free cash flow in 2024?
Ulta Beauty (ULTA) free cash flow in 2024 was $964.15M.
What was Ulta Beauty free cash flow in 2025?
Ulta Beauty (ULTA) free cash flow in 2025 was $1.07B.
Metrics overview
Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.
Explore more
ULTA Overview
Company profile, financial tools, and key metrics
ULTA Revenue Counter
Earns $392.97 every second. See per minute, hour, and day.
ULTA Earnings Counter
Earns $36.58 per second net profit. See per minute, hour, and day.
ULTA Economic Scale
Exceeds Somalia, Fed. Rep.'s GDP. Compare with world economies.
ULTA What If Invested
What if you had invested $1,000? See historical returns from any date.
ULTA How It Makes Money
Discover visual breakdown of $12.39B in revenue — where it comes from and where it goes.
ULTA Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
ULTA Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
ULTA Daily Price Character
Explosive · 51.0% historical win rate (green days). Streaks & record days.
ULTA Buybacks
3.79% TTM buyback yield. Shareholder yield & SBC comparison.
ULTA Dividend Profile
Yield: 0.19%. See full history.
ULTA Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
ULTA Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.