Ulta Beauty Inc (ULTA)

Operating 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
Operating income (ttm)	US$ in thousands	1,567,891	1,568,660	1,767,248	1,765,274	1,688,634	1,563,186	1,437,738	1,552,581	1,667,424	1,723,400	1,779,376	1,699,162	1,618,948	1,565,035	1,508,845	1,584,697	1,598,463	1,580,380	1,473,191	1,319,722
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
Operating profit margin		13.88%	13.81%	14.27%	14.32%	13.97%	14.13%	14.32%	15.25%	16.14%	15.63%	15.18%	14.87%	14.54%	15.34%	16.27%	17.08%	16.53%	15.64%	15.03%	13.96%

January 31, 2025 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,567,891K ÷ $11,295,660K
= 13.88%

Ulta Beauty Inc's operating profit margin has displayed fluctuations over the analyzed period. It increased from 13.96% on January 31, 2022, to a peak of 17.08% on October 29, 2022. However, it then declined to 14.32% on October 31, 2022. Subsequently, the operating profit margin moved in a relatively stable range, varying between 14.13% and 16.14% until July 31, 2023.

There was a mild decrease to 14.32% by January 31, 2024, after which it slightly recovered in the following quarter to 15.18% on April 30, 2024. However, the margin dropped again to 13.81% on October 31, 2024. As of January 31, 2025, Ulta Beauty Inc's operating profit margin stood at 13.88%.

The fluctuations in the operating profit margin indicate variations in the company's profitability relative to its revenue and highlight the importance of monitoring and analyzing financial performance metrics to assess the health and efficiency of Ulta Beauty Inc's operations.