Company / Operating Cash Flow
Ulta Beauty Operating Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Cash Flow
$1.5B
FY2025
5-year range
$810.4M / $1.5B
FY2021-FY2025
Trend
+12.3%
vs FY2024
Sector context
#37 of 234
Consumer Discretionary
What the data says
Ulta Beauty's operating cash flow of $1.5B is higher than 84% of companies in the Consumer Discretionary sector (FY2025). Operating Cash Flow has fluctuated over the past 10 years, ranging from $376M in FY2017 to $1.5B in FY2025.
Based on SEC 10-K filings.
$1.5B in FY2025 with a 5-year CAGR of +9.5%. Top quartile in the Consumer Discretionary sector.
Remained stable around $1.5B over the past 2 years.
Consumer Discretionary sector context is included.
Operating Cash Flow over time
Growth rates
- 3-Year CAGR
- +22.9%
- 5-Year CAGR
- +9.5%
- 10-Year CAGR
- -
Sector benchmark
-13.7% below sector average
Key checks
Key Insights
- 5-year CAGR of +9.5%, indicating consistent growth.
- In FY2025, operating cash flow increased 12.3% year-over-year.
- Ranks #37 out of 234 companies in the Consumer Discretionary sector.
- Lowest operating cash flow in the period was in FY2017.
Company context
Key Data Points
- Altman Z-Score 3.51 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 45.2%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.5B | +12.3% |
| FY2024 | $1.3B | -9.3% |
| FY2023 | $1.5B | +82.2% |
| FY2022 | $810.4M | -26.4% |
| FY2021 | $1.1B | +15.2% |
| FY2020 | $956.1M | +22.7% |
| FY2019 | $779.4M | +22.9% |
| FY2018 | $634.4M | +68.8% |
| FY2017 | $375.9M | -5.2% |
| FY2016 | $396.6M | +21.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026