Ulta Beauty Inc (ULTA)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 1,678,029 | 1,608,557 | 1,643,186 | 1,642,972 | 1,638,610 | 1,566,614 | 1,488,997 | 1,429,876 | 1,297,492 | 1,146,142 | 963,180 | 643,628 | 236,820 | 300,304 | 366,807 | 562,070 | 901,094 | 894,548 | 895,981 | 881,778 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 800,000 | 800,000 | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,279,330 | 2,028,540 | 2,051,880 | 2,018,070 | 1,959,810 | 1,922,260 | 1,769,070 | 1,745,620 | 1,535,370 | 1,986,800 | 1,879,810 | 1,844,720 | 1,999,550 | 1,854,440 | 1,770,790 | 1,753,960 | 1,902,090 | 1,847,160 | 1,839,450 | 1,941,570 |
| Return on total capital | 73.62% | 79.30% | 80.08% | 81.41% | 83.61% | 81.50% | 84.17% | 81.91% | 84.51% | 57.69% | 51.24% | 34.89% | 11.84% | 16.19% | 14.27% | 22.01% | 47.37% | 48.43% | 48.71% | 45.42% |
February 3, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $1,678,029K ÷ ($—K + $2,279,330K)
= 73.62%
Ulta Beauty Inc's return on total capital has shown fluctuations over the periods analyzed. The ratio ranged from a high of 84.51% to a low of 11.84% during the period under review. In general, the return on total capital has demonstrated an increasing trend over the recent periods, with a notable peak of 84.51%. This indicates that Ulta Beauty Inc has been able to generate a strong return on the total capital invested in the company, reflecting efficient utilization of its capital resources to generate profits for its shareholders. However, it is important to note the variability in the ratio over time, which may be influenced by factors such as changes in the business environment, company strategy, or economic conditions. Further analysis and comparison with industry benchmarks would provide valuable insights into Ulta Beauty Inc's performance in utilizing its total capital effectively.
Peer comparison
Feb 3, 2024