Ulta Beauty Inc (ULTA)
Operating return on assets (Operating ROA)
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,564,970 | 1,678,030 | 1,678,030 | 1,638,610 | 1,638,610 |
| Total assets | US$ in thousands | 6,001,690 | 5,707,010 | 5,707,010 | 5,370,410 | 5,370,410 |
| Operating ROA | 26.08% | 29.40% | 29.40% | 30.51% | 30.51% |
January 31, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $1,564,970K ÷ $6,001,690K
= 26.08%
Ulta Beauty Inc's operating return on assets (operating ROA) has shown a consistent trend over the past few fiscal years. The operating ROA was at 30.51% as of January 28, 2023, and remained unchanged at the same level on January 31, 2023. However, there was a slight decline to 29.40% on both January 31, 2024, and February 3, 2024. The most recent data point shows a further decrease to 26.08% as of January 31, 2025.
Overall, Ulta Beauty Inc's operating ROA has been relatively high, reflecting the company's ability to generate earnings from its operating activities relative to its total assets. The slight decline in the operating ROA over the years may indicate potential challenges in maintaining profitability or efficiency in asset utilization. Further analysis of the company's operational performance and asset management strategies may be warranted to understand the factors influencing this trend in operating ROA.
Peer comparison
Jan 31, 2025