Ulta Beauty, Inc. (ULTA)

Ulta Beauty Income Statement

Financials in millions USD. Fiscal year is March - February.

Year	2023	2022	2021	2020	2019
Revenue	11,207	10,209	8,631	6,152	7,398
Revenue Growth (YoY)	9.78%	18.28%	40.30%	-16.84%	10.15%
Cost of Revenue	6,826	6,164	5,262	4,203	4,717
Gross Profit	4,381	4,045	3,369	1,949	2,681
Selling, General & Admin	2,695	2,395	2,062	1,583	1,761
Other Operating Expenses	8.51	10.6	9.52	129.32	19.25
Operating Expenses	2,703	2,406	2,071	1,712	1,780
Operating Income	1,678	1,639	1,297	236.82	901.09
Interest Expense / Income	-17.62	-4.93	1.66	5.74	-5.06
Pretax Income	1,696	1,644	1,296	231.09	906.15
Income Tax	404.65	401.14	309.99	55.25	200.21
Net Income	1,291	1,242	985.84	175.84	705.95
Net Income Growth	3.91%	26.03%	460.66%	-75.09%	7.20%
Shares Outstanding (Basic)	49	51	54	56	58
Shares Outstanding (Diluted)	50	52	55	57	58
Shares Change	-4.14%	-5.66%	-3.04%	-2.66%	-3.45%
EPS (Basic)	26.18	24.17	18.09	3.12	12.21
EPS (Diluted)	26.03	24.01	17.98	3.11	12.15
EPS Growth	8.41%	33.54%	478.14%	-74.40%	11.06%
Free Cash Flow	1,041	1,170	887.08	658.49	802.76
Free Cash Flow Per Share	21.11	22.76	16.28	11.69	13.88
Gross Margin	39.09%	39.62%	39.03%	31.68%	36.24%
Operating Margin	14.97%	16.05%	15.03%	3.85%	12.18%
Profit Margin	11.52%	12.17%	11.42%	2.86%	9.54%
Free Cash Flow Margin	9.29%	11.46%	10.28%	10.70%	10.85%
Effective Tax Rate	23.86%	24.41%	23.92%	23.91%	22.09%
EBITDA	2,255	2,182	1,842	802.66	1,476
EBITDA Margin	20.12%	21.37%	21.34%	13.05%	19.94%
Depreciation & Amortization	576.59	543.28	544.69	565.84	574.42
EBIT	1,678	1,639	1,297	236.82	901.09
EBIT Margin	14.97%	16.05%	15.03%	3.85%	12.18%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).