Ulta Beauty Cash Flow Statement
NASDAQ: ULTAConsumer DiscretionaryOther Specialty StoresUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Ulta Beauty free cash flow
In fiscal 2025, Ulta Beauty generated $1.50 billion of operating cash flow and spent $434.8 million on capital expenditures. That left free cash flow of $1.07 billion, a free-cash-flow margin of 8.6% of revenue. Free cash flow was up 10.8% from the prior year's $964.1 million.
Ulta Beauty returned $901.4 million to shareholders through share repurchases, equal to 84% of free cash flow.
Summary generated from market data by MetaCap's automated system. Methodology
Ulta Beauty cash flow statement (annual)
| Fiscal year (USD) | FY 20252026-01-31 | FY 20242025-02-01 | FY 20232024-02-03 | FY 20222023-01-28 | FY 20212022-01-29 | FY 20202021-01-30 | FY 20192020-02-01 | FY 20182019-02-02 | FY 20172018-02-03 | FY 20162017-01-28 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.15B | 1.20B | 1.29B | 1.24B | 985.84M | 175.84M | 705.95M | 658.56M | 555.23M | 409.76M |
| Net Income growth (YoY) | -3.97% | -6.96% | +3.91% | +26.03% | +460.66% | -75.09% | +7.20% | +18.61% | +35.50% | +28.05% |
| Depreciation & Amortization | 300.77M | 267.04M | 243.84M | 241.37M | 268.46M | 297.77M | 295.60M | 279.47M | 252.71M | 210.29M |
| Stock-Based Compensation | 37.43M | 42.79M | 48.25M | 43.04M | 47.26M | 27.58M | 25.64M | 27.49M | 24.40M | 19.34M |
| Change in Working Capital | 37.84M | -154.39M | -173.75M | 8.25M | -171.04M | 225.12M | -14.06M | -39.65M | -70.45M | -87.49M |
| Operating Cash Flow | 1.50B | 1.34B | 1.48B | 1.48B | 1.06B | 810.36M | 1.10B | 956.13M | 779.37M | 634.38M |
| Capital Expenditures | -434.83M | -374.46M | -435.27M | -312.13M | -172.19M | -151.87M | -298.53M | -319.40M | -440.71M | -373.45M |
| Investing Cash Flow | -931.35M | -383.09M | -441.43M | -314.58M | -176.48M | -48.75M | -471.48M | -215.11M | -530.71M | -273.45M |
| Share Repurchases | -901.39M | -1.00B | -995.74M | -900.03M | -1.52B | -114.89M | -680.98M | -616.19M | -367.58M | -344.27M |
| Debt Repaid | — | -199.70M | -195.40M | — | — | -800.00M | — | — | — | — |
| Financing Cash Flow | -850.67M | -1.02B | -1.01B | -861.01M | -1.50B | -107.93M | -646.74M | -609.21M | -356.22M | -321.77M |
| Net Change in Cash | -278.96M | -63.39M | 28.72M | 306.32M | -614.49M | 653.73M | -16.93M | 131.81M | -107.56M | 39.17M |
| Free Cash Flow | 1.07B | 964.15M | 1.04B | 1.17B | 887.08M | 658.49M | 802.76M | 636.73M | 338.65M | 260.94M |
This table shows 10 annual periods of Ulta Beauty's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow ULTA's reporting calendar. What is a cash flow statement?