GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ulta Beauty Inc (WBO:ULTA) » Definitions » Gross Profit

Ulta Beauty (WBO:ULTA) Gross Profit : €4,030 Mil (TTM As of Jan. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Ulta Beauty Gross Profit?

Ulta Beauty's gross profit for the three months ended in Jan. 2024 was €1,231 Mil. Ulta Beauty's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was €4,030 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ulta Beauty's gross profit for the three months ended in Jan. 2024 was €1,231 Mil. Ulta Beauty's Revenue for the three months ended in Jan. 2024 was €3,263 Mil. Therefore, Ulta Beauty's Gross Margin % for the quarter that ended in Jan. 2024 was 37.72%.

Ulta Beauty had a gross margin of 37.72% for the quarter that ended in Jan. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Ulta Beauty was 39.62%. The lowest was 31.68%. And the median was 35.93%.


Ulta Beauty Gross Profit Historical Data

The historical data trend for Ulta Beauty's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ulta Beauty Gross Profit Chart

Ulta Beauty Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,415.64 1,600.26 2,977.80 3,753.31 4,021.85

Ulta Beauty Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,125.20 962.03 898.23 939.49 1,230.64

Competitive Comparison of Ulta Beauty's Gross Profit

For the Specialty Retail subindustry, Ulta Beauty's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ulta Beauty's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ulta Beauty's Gross Profit distribution charts can be found below:

* The bar in red indicates where Ulta Beauty's Gross Profit falls into.



Ulta Beauty Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Ulta Beauty's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as

Gross Profit (A: Jan. 2024 )=Revenue - Cost of Goods Sold
=10288.304 - 6266.454
=4,022

Ulta Beauty's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=3262.846 - 2032.208
=1,231

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,030 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Ulta Beauty's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,231 / 3262.846
=37.72 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Ulta Beauty  (WBO:ULTA) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Ulta Beauty had a gross margin of 37.72% for the quarter that ended in Jan. 2024 => Competition eroding margins


Ulta Beauty Gross Profit Related Terms

Thank you for viewing the detailed overview of Ulta Beauty's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Ulta Beauty (WBO:ULTA) Business Description

Traded in Other Exchanges
Address
1000 Remington Boulevard, Suite 120, Bolingbrook, IL, USA, 60440
With 1,355 stores at the end of fiscal 2022 and a partnership with Target, Ulta Beauty is the largest specialized beauty retailer in the U.S. The firm offers makeup (42% of 2022 sales), fragrances, skin care, and hair care products (21% of 2022 sales), and bath and body items. Ulta offers private-label products and merchandise from more than 500 vendors. It also offers salon services, including hair, makeup, skin, and brow services, in all stores. Most Ulta stores are approximately 10,000 square feet and are in suburban strip centers. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.