What is the 13F Pro Quality Score for ULTA?

13F Pro ranks Ulta Beauty, Inc. (ULTA) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View ULTA's current score at https://13fpro.ai/company/ULTA (free sign-up required for the full ranking).

Which hedge funds own the most ULTA stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of ULTA include BlackRock,, VANGUARD CAPITAL MANAGEMENT, Sanders Capital,. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/ULTA as soon as new 13F filings post.

Where does 13F Pro source ULTA data?

All Ulta Beauty, Inc. fundamentals and ownership data come directly from SEC EDGAR. Ulta Beauty, Inc. files with the SEC under CIK 1403568. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is ULTA in?

Ulta Beauty, Inc. (ULTA) is classified in the Consumer Discretionary sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/consumer-discretionary.

What are ULTA's largest expenses?

Ulta Beauty, Inc.'s latest 10-Q reports these as the largest expense items: Cost of sales ($1,848.7M, +8.9% YoY); Selling, general and administrative expenses ($802.8M, +8.2% YoY); Pre-opening expenses ($4.5M, -11.3% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended August 1, 2026).

How often is ULTA research updated on 13F Pro?

ULTA's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Ulta Beauty, Inc.(ULTA)Stock Analysis

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SEC EDGAR: CIK 1403568 ULTA stock profile & AI dashboard →

13F Pro Quality Score

67.3/100

Rank #370 of 2,961 stocksTOP 25%

View Consumer Discretionary peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

65.9/100

Profitability

59.0/100

Balance Sheet

95.1/100

Earnings Quality

40.4/100

Free Cash Flow

53.0/100

Institutional Flow

76.8/100

Revenue Scale

88.7/100

Dilution Risk

82.3/100

Email me the moment this company reports earnings

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Why ULTA Scores 67/100

exact factor attribution · 2026-09-11

ULTA's composite is driven by scale and capital efficiency. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Scale

+5.8 pts

89th pct

Capital efficiency

+4.5 pts

95th pct

Revenue growth

+3.2 pts

66th pct

Shareholder dilution

+1.6 pts

82th pct

Profitability

+1.4 pts

59th pct

Institutional flow

+1.3 pts

77th pct

Free cash flow

+0.5 pts

53th pct

Earnings growth

+0.0 pts

50th pct

Earnings quality

-1.0 pts

40th pct

Latest change (2026-08-27): 63 → 58 · ↓ Free cash flow 51→27; ↓ earnings_quality 41→18

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

ULTA Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for Ulta Beauty, Inc. (ULTA), a Consumer Discretionary sector company. 13F Pro's AI-powered ranking engine scores ULTA at 67.3/100 on a 32-signal composite quality model, placing it at rank #370 of 2,961 stocks — the top 25% of the AI-ranked universe. ULTA scores in the top quartile across balance sheet strength (95.1), revenue scale (88.7), institutional flow (76.8). Based on the latest XBRL financial filings (Q2 2026), Ulta Beauty, Inc. reports quarterly revenue of $3.0B, net income of $282.0M, an operating margin of 12.5%. Top institutional holders of ULTA by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, Sanders Capital, based on the most recent SEC filings. ULTA trades on the Nasdaq exchange and files with the SEC under CIK 1403568. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate ULTA daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Ulta Beauty, Inc. directly from SEC EDGAR. Ulta Beauty, Inc.'s 13F Pro composite quality score has ranged between 43 and 71 since 2021, currently 67.3 — an improving long-term trajectory across 68 quarterly and live scoring snapshots.

What's Driving ULTA's Business? Latest 10-Q Breakdown

AI-extracted from Ulta Beauty, Inc.'s 10-Q filed 2026-08-27 — Q2 FY2026 (quarter ended August 1, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Ulta Beauty Q2 revenue grew 8.9% YoY to $3.04B, driven by 3.8% comparable sales growth and Space NK acquisition, with net income up 8.1% to $282M.

Biggest Revenue Drivers

Largest Expense Items

Cost of sales$1,848.7M+8.9% YoY

Increased with sales; space NK business mix impact partially offset by lower shrink and higher merchandise margin.

Selling, general and administrative expenses$802.8M+8.2% YoY

Higher advertising expenses and corporate overhead, partially offset by lower incentive compensation.

Pre-opening expenses$4.5M-11.3% YoY

Costs for store expansion; 34 stores opened in first 26 weeks of FY2026.

Margins: Gross margin declined 10 bps to 39.1% YoY, primarily due to Space NK's lower-margin business mix. SG&A leverage was achieved despite higher advertising spend, with expenses declining 20 bps as a percentage of sales due to strategic investments and overhead absorption.

Watch Items from the Filing

Comparable sales deceleration: Q2 comp sales of 3.8% significantly slower than prior year's 6.7%, driven only by ticket growth with negative transaction impact.
Space NK acquisition impact: Acquired business carries lower gross margin (39.1% Q2 vs 39.2% prior year), pressuring consolidated profitability despite 8.9% top-line growth.
Interest expense swing: Quarterly net interest flipped from $1.4M income to $3.7M expense as short-term debt rose from $289M to $340M to fund $799M in share repurchases YTD.
Strong store expansion: 34 net new stores (1,622 total) and healthy inventory management at $2.4B flat YoY support medium-term growth runway in U.S. beauty market.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$3.0B

Net Income

Q2 2026

$282.0M

Free Cash Flow

Q2 2026

$38.4M

Operating Margin

Q2 2026

12.5%

ROIC

Q2 2026

50.9%

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+9.7% YoY

$12.39BFY 2026

FY23 $10.21BFY24 $11.21BFY25 $11.30BFY26 $12.39B

Net Income

-4.0% YoY

$1.15BFY 2026

FY23 $1.24BFY24 $1.29BFY25 $1.20BFY26 $1.15B

Operating Income

-2.0% YoY

$1.53BFY 2026

FY23 $1.64BFY24 $1.68BFY25 $1.56BFY26 $1.53B

EPS (Diluted)

+1.2% YoY

$25.64FY 2026

FY23 $24.01FY24 $26.03FY25 $25.34FY26 $25.64

Total Assets

+16.6% YoY

$7.00BFY 2026

FY23 $5.37BFY24 $5.71BFY25 $6.00BFY26 $7.00B

Total Debt

$62.3MFY 2026

FY23 —FY24 —FY25 —FY26 $62.3M

Op. Cash Flow

+12.3% YoY

$1.50BFY 2026

FY23 $1.48BFY24 $1.48BFY25 $1.34BFY26 $1.50B

Free Cash Flow

+10.8% YoY

$1.07BFY 2026

FY23 $1.17BFY24 $1.04BFY25 $964.1MFY26 $1.07B

Metric	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Revenue	$12.39B +9.7%	$11.30B +0.8%	$11.21B +9.8%	$10.21B +18.3%	$8.63B +40.3%	$6.15B
Net Income	$1.15B -4.0%	$1.20B -7.0%	$1.29B +3.9%	$1.24B +26.0%	$985.8M +460.7%	$175.8M
Operating Income	$1.53B -2.0%	$1.56B -6.7%	$1.68B +2.4%	$1.64B +26.3%	$1.30B +447.9%	$236.8M
EPS (Diluted)	$25.64 +1.2%	$25.34 -2.7%	$26.03 +8.4%	$24.01 +33.5%	$17.98 +478.1%	$3.11
Total Assets	$7.00B +16.6%	$6.00B +5.2%	$5.71B +6.3%	$5.37B +12.7%	$4.76B -6.4%	$5.09B
Total Debt	$62.3M	—	—	—	—	—
Operating Cash Flow	$1.50B +12.3%	$1.34B -9.3%	$1.48B -0.4%	$1.48B +39.9%	$1.06B +30.7%	$810.4M
Free Cash Flow	$1.07B +10.8%	$964.1M -7.4%	$1.04B -11.0%	$1.17B +31.9%	$887.1M +34.7%	$658.5M

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Available Research

13F Pro tracks comprehensive data for Ulta Beauty, Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of ULTA

BlackRock, Inc.
$1.8B4,026,148 sh
VANGUARD CAPITAL MANAGEMENT LLC
$1.3B2,845,585 sh
Sanders Capital, LLC
$1.1B2,460,969 sh
STATE STREET CORP
$913.1M2,024,623 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$876.0M1,942,423 sh
PRICE T ROWE ASSOCIATES INC /MD/
$689.3M1,528,402 sh
GEODE CAPITAL MANAGEMENT, LLC
$555.3M1,234,304 sh
MORGAN STANLEY
$469.8M1,041,675 sh
T. Rowe Price Investment Management, Inc.
$393.2M871,836 sh
FRANKLIN RESOURCES INC
$382.8M848,855 sh

Fund	Value	Shares
BlackRock, Inc.	$1.8B	4,026,148
VANGUARD CAPITAL MANAGEMENT LLC	$1.3B	2,845,585
Sanders Capital, LLC	$1.1B	2,460,969
STATE STREET CORP	$913.1M	2,024,623
VANGUARD PORTFOLIO MANAGEMENT LLC	$876.0M	1,942,423
PRICE T ROWE ASSOCIATES INC /MD/	$689.3M	1,528,402
GEODE CAPITAL MANAGEMENT, LLC	$555.3M	1,234,304
MORGAN STANLEY	$469.8M	1,041,675
T. Rowe Price Investment Management, Inc.	$393.2M	871,836
FRANKLIN RESOURCES INC	$382.8M	848,855

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Is ULTA a good stock to buy?

13F Pro's AI-powered analysis of Ulta Beauty, Inc. (ULTA) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Consumer Discretionary sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for ULTA are available on the ULTA stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. ULTA is classified as a large company.

Which hedge funds own ULTA?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling ULTA. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Ulta Beauty, Inc.'s investment landscape.