Ulta Beauty Inc (ULTA)

Gross profit margin

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Feb 3, 2024	Jan 31, 2024	Oct 31, 2023	Oct 28, 2023	Jul 31, 2023	Jul 29, 2023	Apr 30, 2023	Apr 29, 2023	Jan 31, 2023	Jan 28, 2023	Oct 31, 2022	Oct 29, 2022	Jul 31, 2022	Jul 30, 2022	Apr 30, 2022	Jan 31, 2022
Gross profit (ttm)	US$ in thousands	4,387,247	4,394,157	4,729,077	4,742,967	4,665,254	4,318,306	3,971,358	4,034,151	4,096,944	4,315,832	4,534,720	4,442,677	4,350,634	4,066,298	3,781,962	3,760,171	3,824,684	3,923,850	3,785,160	3,633,608
Revenue (ttm)	US$ in thousands	11,295,660	11,362,340	12,386,540	12,323,380	12,086,460	11,061,970	10,037,480	10,182,810	10,328,140	11,025,100	11,722,060	11,426,590	11,131,120	10,201,460	9,271,800	9,278,910	9,669,510	10,101,790	9,800,460	9,450,340
Gross profit margin		38.84%	38.67%	38.18%	38.49%	38.60%	39.04%	39.57%	39.62%	39.67%	39.15%	38.69%	38.88%	39.09%	39.86%	40.79%	40.52%	39.55%	38.84%	38.62%	38.45%

January 31, 2025 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,387,247K ÷ $11,295,660K
= 38.84%

Ulta Beauty Inc's gross profit margin has shown fluctuations over the specified periods, ranging from 38.45% to 40.79%. The trend indicates some variability in the company's ability to generate profit from its sales after accounting for the cost of goods sold.

The gross profit margin increased gradually from January 2022 to October 2022, reaching its peak at 40.79% in October 2022. However, there was a slight decline in the following periods, with some fluctuations observed. The margin remained above 38% for the most part, indicating that Ulta Beauty Inc typically retains a significant portion of its revenue as gross profit.

Considering the latest data points, as of January 31, 2025, Ulta Beauty Inc's gross profit margin stands at 38.84%, suggesting the company continues to effectively manage its production costs and maintain a healthy level of profitability. It is essential for investors and analysts to monitor trends in the gross profit margin to assess the company's operational efficiency and pricing strategies.