Shares Outstanding for Ulta Beauty (ULTA)
According to Ulta Beauty's latest reported financial statements, the company's latest reported diluted shares outstanding is 44.99M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

ULTA
Currently viewingShares OutstandingSwitch metric
Latest period
44.99M
YoY change
-5.1%
5Y CAGR
-4.5%
Peak year (2014)
64.65M
Latest annual
44.99M
Shares Outstanding history chart for Ulta Beauty (ULTA) from 2002 to 2025
Shares Outstanding history table for Ulta Beauty (ULTA) from 2002 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 44.99M | -5.1% | ||
| 2024 | 47.40M | -4.4% | ||
| 2023 | 49.60M | -4.1% | ||
| 2022 | 51.74M | -5.7% | ||
| 2021 | 54.84M | -3.0% | ||
| 2020 | 56.56M | -2.7% | ||
| 2019 | 58.10M | -3.4% | ||
| 2018 | 60.18M | -2.9% | ||
| 2017 | 61.98M | -1.4% | ||
| 2016 | 62.85M | -2.2% | ||
| 2015 | 64.28M | -0.6% | ||
| 2014 | 64.65M | +0.3% | ||
| 2013 | 64.46M | +0.1% | ||
| 2012 | 64.40M | +1.7% | ||
| 2011 | 63.33M | +3.3% | ||
| 2010 | 61.29M | +3.5% | ||
| 2009 | 59.24M | +0.5% | ||
| 2008 | 58.97M | +10.6% | ||
| 2007 | 53.29M | +6.8% | ||
| 2006 | 49.92M | +3.6% | ||
| 2005 | 48.20M | +1415.3% | ||
| 2004 | 3.18M | +36.4% | ||
| 2003 | 2.33M | -41.1% | ||
| 2002 | 3.96M | — |
Shares Outstanding values are taken from Ulta Beauty's reported income 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 diluted shares outstanding stands at 44.99M (2025) – declined 5.1% year-over-year.
Across 2020–2025 (5 years), Ulta Beauty diluted shares outstanding produced a CAGR of -4.5% – with a net decline across the window.
Ulta Beauty diluted shares outstanding plunged from 64.65M in 2014 to 44.99M in 2025, a 30.4% drawdown.
2014 marks the peak diluted shares outstanding at 64.65M, with the historical low of 2.33M recorded in 2003.
Within Consumer Cyclical, Ulta Beauty (ULTA) ranks 9th among 8 peers we track. The peer median for diluted shares outstanding is 1.30B.
Ulta Beauty Shares Outstanding by Year
Ulta Beauty Shares Outstanding 2025: 44.99M
Ulta Beauty diluted shares outstanding in 2025 was 44.99M, declined 5.1% below 2024.
Ulta Beauty Shares Outstanding 2024: 47.40M
Ulta Beauty diluted shares outstanding in 2024 was 47.40M, edged down 4.4% below 2023.
Ulta Beauty Shares Outstanding 2023: 49.60M
Ulta Beauty diluted shares outstanding in 2023 was 49.60M, edged down 4.1% below 2022.
Ulta Beauty Shares Outstanding 2022: 51.74M
Ulta Beauty diluted shares outstanding in 2022 was 51.74M, declined 5.7% below 2021.
Ulta Beauty Shares Outstanding 2021: 54.84M
Ulta Beauty diluted shares outstanding in 2021 was 54.84M.
See more financial history for Ulta Beauty (ULTA).
Sector peers — Shares Outstanding
Companies in the same sector as Ulta Beauty, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Amazon.com, Inc. (AMZN) | 10.83B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | 3.53B | Consumer Cyclical |
| Alibaba Group Holding Limited (BABA) | 2.41B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | 1.48B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | 1.13B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | 997.00M | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | 815.98M | Consumer Cyclical |
| McDonald's Corporation (MCD) | 716.40M | Consumer Cyclical |
Frequently asked questions
What is Ulta Beauty's diluted shares outstanding?
- Latest reported diluted shares outstanding for Ulta Beauty (ULTA) is 44.99M (period ending January 31, 2026).
How has Ulta Beauty diluted shares outstanding changed year-over-year?
- Ulta Beauty (ULTA) diluted shares outstanding changed -5.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Ulta Beauty diluted shares outstanding?
- Ulta Beauty (ULTA) diluted shares outstanding compound annual growth rate is -4.5% over the most recent 5 years available.
When did Ulta Beauty diluted shares outstanding hit its highest annual value?
- Ulta Beauty diluted shares outstanding reached its highest annual value of 64.65M in 2014.
What was Ulta Beauty diluted shares outstanding in 2024?
- Ulta Beauty (ULTA) diluted shares outstanding in 2024 was 47.40M.
What was Ulta Beauty diluted shares outstanding in 2025?
- Ulta Beauty (ULTA) diluted shares outstanding in 2025 was 44.99M.
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