Ulta Beauty Inc (ULTA)

Net profit margin

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019
Net income (ttm)	US$ in thousands	1,291,005	1,237,387	1,262,489	1,258,064	1,242,408	1,191,023	1,131,727	1,086,943	985,837	867,965	727,474	484,633	175,835	227,060	282,009	435,215	705,945	697,900	699,319	686,384
Revenue (ttm)	US$ in thousands	11,207,300	10,879,770	10,729,630	10,496,930	10,208,570	9,711,190	9,368,180	9,038,280	8,630,900	8,100,210	7,656,460	6,917,260	6,151,950	6,259,170	6,389,650	6,828,250	7,398,070	7,216,870	7,094,370	6,915,980
Net profit margin		11.52%	11.37%	11.77%	11.99%	12.17%	12.26%	12.08%	12.03%	11.42%	10.72%	9.50%	7.01%	2.86%	3.63%	4.41%	6.37%	9.54%	9.67%	9.86%	9.92%

February 3, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,291,005K ÷ $11,207,300K
= 11.52%

The net profit margin of Ulta Beauty Inc has shown fluctuations over the past few reporting periods. The company's net profit margin ranged from a low of 2.86% on Jan 30, 2021, to a high of 12.26% on Oct 29, 2022. On Feb 3, 2024, the net profit margin was 11.52%. This indicates that for every dollar of revenue generated, Ulta Beauty Inc retained 11.52 cents as profit after accounting for all expenses and taxes. Overall, the trend in the net profit margin has been relatively stable, demonstrating the company's ability to manage costs effectively to maintain profitability over time.