📈 Operating Income History (16 Quarters)
🧮 ULTA Operating Income Breakdown
Understanding Operating Income
Operating Income, also known as EBIT (Earnings Before Interest and Taxes), measures a company's profit from its core business operations before financing costs and taxes. For ULTA, the trailing twelve month operating income is $1.6B.
Why Operating Income Matters
Operating income isolates business performance from capital structure decisions (debt vs equity financing) and tax strategies. This makes it ideal for comparing companies with different debt levels or tax situations. It shows how efficiently management runs the core operations.
ULTA's operating income growth rate of -0.41% (based on log-linear regression of 16 quarters) indicates relatively flat or slightly declining operational performance.
Operating Income vs Other Profitability Metrics
Net Income: $1.2B →
The bottom line after interest and taxes. Net income shows the final profit, while operating income excludes financing decisions.
Free Cash Flow: $1.1B →
Actual cash generated after capital expenditures. FCF can differ significantly from operating income due to working capital and capex.
Owner Earnings: $1.3B →
Buffett's measure of true cash generation. Adds back depreciation and subtracts only maintenance capex.
Revenue: $13.0B →
The top line that operating income is derived from. Operating margin shows what percentage becomes operational profit.
Operating Margin Analysis
ULTA's operating margin of 12.46% shows what percentage of revenue converts to operating profit after all operating expenses. Operating margins between 8-15% are common in competitive industries.
EV/Operating Income Valuation
The EV/Operating Income ratio of 14.8x shows how the market values ULTA's operational earnings. Ratios between 8-15x are typical for mature, stable businesses.
Summary: ULTA Operating Income Trend
ULTA BEAUTY, INC. (ULTA) has an operating margin of 12.46%, which Zyberno classifies as good — above the 12% threshold Zyberno applies to businesses across industries. Operating income grew at -0.41% annually — a negative trend — revenue erosion that warrants monitoring. For complete financial analysis, view the full ULTA stock report on Zyberno.
Frequently Asked Questions
What is ULTA's current operating income?
ULTA BEAUTY, INC.'s TTM operating income is $1.6B, growing at -0.41% annually — a negative trend — revenue erosion that warrants monitoring.
Is ULTA's operating income growing?
ULTA BEAUTY, INC. (ULTA) has an operating margin of 12.46%, which Zyberno classifies as good — above the 12% threshold Zyberno applies to businesses across industries. Operating income grew at -0.41% annually — a negative trend — revenue erosion that warrants monitoring.
What is ULTA's operating margin?
ULTA BEAUTY, INC. (ULTA) has an operating margin of 12.46%, which Zyberno classifies as good — above the 12% threshold Zyberno applies to businesses across industries. Operating income grew at -0.41% annually — a negative trend — revenue erosion that warrants monitoring.
What is the difference between operating income and EBIT?
Operating income and EBIT (Earnings Before Interest and Taxes) are generally the same metric - both measure profit from core operations before financing costs and taxes. ULTA's EBIT/Operating Income is $1.6B.
How does operating income differ from net income?
Operating income excludes interest expense and income taxes, while net income includes them. ULTA's operating income is $1.6B versus net income of $1.2B. The difference reflects financing costs and tax burden.
📊 Full ULTA Stock Report →
See ULTA's intrinsic value, margin of safety, DCF valuation, and complete financial analysis with 250+ metrics.
💵 ULTA Free Cash Flow →
Compare to Free Cash Flow which subtracts all capital expenditures, not just maintenance CapEx.
💰 ULTA Owner Earnings →
Compare to Buffett's Owner Earnings metric which uses maintenance CapEx instead of total capital expenditures.
📈 ULTA Earnings Per Share →
Analyze EPS trends, P/E ratio, earnings yield, and per-share profitability metrics.
🎯 ULTA Earnings Surprise (SUE) →
See whether ULTA is beating or missing its own earnings trend — Standardized Unexpected Earnings and post-earnings drift.
📊 ULTA Revenue →
Analyze revenue trends, growth rate, P/S ratio, and top-line sales performance.
💰 ULTA Net Income →
Analyze the bottom-line profit, P/E ratio, and net profit margin trends.
🔶 ULTA Operating Income →
Analyze EBIT, operating margin, and core business profitability before interest and taxes.
💜 ULTA Gross Profit →
Analyze gross margin, pricing power, and profitability before operating expenses.