Ulta Beauty Inc (ULTA)

Net profit margin

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Net income	US$ in thousands	1,201,120	1,291,000	1,291,000	1,242,410	1,242,410
Revenue	US$ in thousands	11,295,700	11,207,300	11,207,300	10,208,600	10,208,600
Net profit margin		10.63%	11.52%	11.52%	12.17%	12.17%

January 31, 2025 calculation

Net profit margin = Net income ÷ Revenue
= $1,201,120K ÷ $11,295,700K
= 10.63%

Ulta Beauty Inc's net profit margin has shown a gradual decline over the past three years. As of January 31, 2025, the net profit margin stands at 10.63%, down from 12.17% in January 2023. This trend suggests that the company's profitability has been somewhat diminishing over time. It is crucial for Ulta Beauty Inc to closely monitor and manage its expenses and revenue streams to improve its net profit margin and maintain financial health in the competitive beauty industry.