Ulta Beauty Inc (ULTA)

Gross profit margin

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Gross profit	US$ in thousands	4,387,250	4,381,100	4,381,100	4,044,510	4,044,510
Revenue	US$ in thousands	11,295,700	11,207,300	11,207,300	10,208,600	10,208,600
Gross profit margin		38.84%	39.09%	39.09%	39.62%	39.62%

January 31, 2025 calculation

Gross profit margin = Gross profit ÷ Revenue
= $4,387,250K ÷ $11,295,700K
= 38.84%

Ulta Beauty Inc's gross profit margin has shown a decrease in recent years. As of January 31, 2025, the gross profit margin stands at 38.84%, down from 39.62% in the prior year. This indicates that the company's profitability from its core operations has slightly declined. It is important for Ulta Beauty Inc to closely monitor its cost structures and pricing strategies to maintain and improve its gross profit margin in the future.