ULTANEUTRAL

ULTA Gross Margin Analysis

40.1%

Updated 57h ago·SEC filings & market data

Key Takeaway

Gross margin, the share of revenue left after paying the direct costs of goods sold, sits at 40.1% for ULTA.

Sector Performance

39th percentile

ULTA

40.1%

Sector Median

46.6%

Sector Avg

47.6%

Prior Period

38.1%(Apr 2026)

↑ Improving

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Deep Analysis

Gross margin, the share of revenue left after paying the direct costs of goods sold, sits at 40.1% for ULTA.

That is below the sector median of 46.4%, placing the company in the 41st percentile among peers. The year-over-year change and quarter-over-quarter change are both N/A, and no multi-quarter trend is available — the only historical value reported is the current 40.1%. With a below-median margin and no directional trend to assess, the investment risk is elevated on profitability level alone, but the absence of trend data removes any signal of deterioration or improvement. This metric neither strengthens nor weakens the NEUTRAL verdict; it simply reflects a comparative margin shortfall without momentum. Overall, the gross margin data is consistent with a hold stance rather than a clear buy or sell case.

Frequently Asked Questions

What does the Gross Margin tell investors about ULTA?

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.

How is the Gross Margin calculated?

Gross Margin is calculated as: Gross Profit / Revenue.

Who are ULTA's closest peers by Gross Margin?

The closest peers by Gross Margin include: LVS (46.9%), ORLY (51.4%), MPWR (55.2%), NEM (56.0%), REI (56.0%).

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Learn More About Gross Margin

Gross Margin vs Net Margin: Why the Gap Between Them Tells You Everything

Gross margin vs net margin: learn what the spread between them reveals about operating leverage, cost structure, and early warning signs in any stock.

The Formula

Gross Profit / Revenue

Why It Matters

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.