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Ulta Beauty Inc. pages available for free this week:
- Common-Size Income Statement
- Analysis of Short-term (Operating) Activity Ratios
- Analysis of Long-term (Investment) Activity Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Enterprise Value (EV)
- Dividend Discount Model (DDM)
- Debt to Equity since 2008
- Price to Earnings (P/E) since 2008
- Price to Operating Profit (P/OP) since 2008
- Price to Sales (P/S) since 2008
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Calculation
Net profit margin | = | 100 | × | Net income1 | ÷ | Net sales1 | |
---|---|---|---|---|---|---|---|
Jan 28, 2023 | = | 100 | × | ÷ | |||
Jan 29, 2022 | = | 100 | × | ÷ | |||
Jan 30, 2021 | = | 100 | × | ÷ | |||
Feb 1, 2020 | = | 100 | × | ÷ | |||
Feb 2, 2019 | = | 100 | × | ÷ | |||
Feb 3, 2018 | = | 100 | × | ÷ | |||
Jan 28, 2017 | = | 100 | × | ÷ | |||
Jan 30, 2016 | = | 100 | × | ÷ | |||
Jan 31, 2015 | = | 100 | × | ÷ | |||
Feb 1, 2014 | = | 100 | × | ÷ | |||
Feb 2, 2013 | = | 100 | × | ÷ | |||
Jan 28, 2012 | = | 100 | × | ÷ | |||
Jan 29, 2011 | = | 100 | × | ÷ | |||
Jan 30, 2010 | = | 100 | × | ÷ | |||
Jan 31, 2009 | = | 100 | × | ÷ | |||
Feb 2, 2008 | = | 100 | × | ÷ |
Based on: 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02).
1 US$ in thousands
The financial data reveals a consistent upward trajectory in key performance indicators over the analyzed periods, with some fluctuations that warrant attention.
- Net Income
- There is a clear growth trend in net income, starting at approximately $25.3 million in early 2008 and rising steadily to over $705 million by early 2020. This growth was interrupted in 2021, when net income sharply declined to about $176 million, potentially indicating operational or market challenges during that fiscal year. However, the company quickly rebounded, achieving its highest net income of approximately $1.24 billion by early 2023, marking a substantial recovery and expansion.
- Net Sales
- Net sales exhibit a consistent increase throughout the observed time frame. Beginning from roughly $912 million in 2008, sales increased annually to reach approximately $7.4 billion by early 2020. A notable dip occurred in 2021, with sales falling to around $6.15 billion, mirroring the decline in net income. The subsequent two years show a strong recovery, with sales peaking above $10.2 billion by early 2023, reflecting significant growth and market penetration.
- Net Profit Margin
- The net profit margin shows an overall upward trend with some volatility. Starting near 2.78% in 2008, margins improved steadily to nearly 9.8% by early 2019. There was a drop in 2021 to approximately 2.86%, coinciding with the declines in sales and net income. Following that, the margin increased sharply, reaching over 12.17% by early 2023. This indicates that profitability improved significantly, suggesting better cost management or higher pricing power after the 2021 downturn.
Overall, the data suggests strong growth in revenue and profitability over the long term, punctuated by a significant setback around 2021, likely linked to extraordinary circumstances. The subsequent rapid recovery highlights effective management responses and resilience in the company's financial performance.
Comparison to Competitors
Ulta Beauty Inc. | Amazon.com Inc. | Home Depot Inc. | Lowe’s Cos. Inc. | TJX Cos. Inc. | |
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Jan 28, 2023 | |||||
Jan 29, 2022 | |||||
Jan 30, 2021 | |||||
Feb 1, 2020 | |||||
Feb 2, 2019 | |||||
Feb 3, 2018 | |||||
Jan 28, 2017 | |||||
Jan 30, 2016 | |||||
Jan 31, 2015 | |||||
Feb 1, 2014 | |||||
Feb 2, 2013 | |||||
Jan 28, 2012 | |||||
Jan 29, 2011 | |||||
Jan 30, 2010 | |||||
Jan 31, 2009 | |||||
Feb 2, 2008 |
Based on: 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02).
Comparison to Sector (Consumer Discretionary Distribution & Retail)
Ulta Beauty Inc., net profit margin, long-term trends, comparison to sector (consumer discretionary distribution & retail)
Ulta Beauty Inc. | Consumer Discretionary Distribution & Retail | |
---|---|---|
Jan 28, 2023 | ||
Jan 29, 2022 | ||
Jan 30, 2021 | ||
Feb 1, 2020 | ||
Feb 2, 2019 | ||
Feb 3, 2018 | ||
Jan 28, 2017 | ||
Jan 30, 2016 | ||
Jan 31, 2015 | ||
Feb 1, 2014 | ||
Feb 2, 2013 | ||
Jan 28, 2012 | ||
Jan 29, 2011 | ||
Jan 30, 2010 | ||
Jan 31, 2009 | ||
Feb 2, 2008 |
Based on: 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02).
Comparison to Industry (Consumer Discretionary)
Ulta Beauty Inc., net profit margin, long-term trends, comparison to industry (consumer discretionary)
Ulta Beauty Inc. | Consumer Discretionary | |
---|---|---|
Jan 28, 2023 | ||
Jan 29, 2022 | ||
Jan 30, 2021 | ||
Feb 1, 2020 | ||
Feb 2, 2019 | ||
Feb 3, 2018 | ||
Jan 28, 2017 | ||
Jan 30, 2016 | ||
Jan 31, 2015 | ||
Feb 1, 2014 | ||
Feb 2, 2013 | ||
Jan 28, 2012 | ||
Jan 29, 2011 | ||
Jan 30, 2010 | ||
Jan 31, 2009 | ||
Feb 2, 2008 |
Based on: 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02), 10-K (reporting date: 2012-01-28), 10-K (reporting date: 2011-01-29), 10-K (reporting date: 2010-01-30), 10-K (reporting date: 2009-01-31), 10-K (reporting date: 2008-02-02).