Ulta Beauty Inc (ULTA) — Capital Reinvestment Ratio
Ulta Beauty Inc (ULTA) has a Capital Reinvestment Ratio of 17.89x as of October 2025, meaning it reinvests 18% of its operating cash flow ($4.88 Million) in capital expenditures ($87.27 Million). Check Ulta Beauty Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Ulta Beauty Inc Capital Reinvestment Ratio (2003–2025)
This chart tracks Ulta Beauty Inc's Capital Reinvestment Ratio across 22 annual periods. For the full cash flow conversion analysis, see Ulta Beauty Inc operating cash flow efficiency.
Annual Capital Reinvestment Ratio for Ulta Beauty Inc (2003–2025)
Year-by-year Capital Reinvestment Ratio for Ulta Beauty Inc from 2003 to 2025. See Ulta Beauty Inc (ULTA) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.28x | $1.34 Billion | $374.46 Million | ▼ -5.1% |
| 2024 | 0.29x | $1.48 Billion | $435.27 Million | ▲ +40.0% |
| 2023 | 0.21x | $1.48 Billion | $312.13 Million | ▲ +29.6% |
| 2022 | 0.16x | $1.06 Billion | $172.19 Million | ▼ -13.3% |
| 2021 | 0.19x | $810.36 Million | $151.87 Million | ▼ -30.9% |
| 2020 | 0.27x | $1.10 Billion | $298.53 Million | ▼ -18.9% |
| 2019 | 0.33x | $956.13 Million | $319.40 Million | ▼ -40.9% |
| 2018 | 0.57x | $779.37 Million | $440.71 Million | ▼ -3.9% |
| 2017 | 0.59x | $634.38 Million | $373.45 Million | ▼ -26.0% |
| 2016 | 0.80x | $375.87 Million | $299.17 Million | ▲ +26.7% |
| 2015 | 0.63x | $396.59 Million | $249.07 Million | ▼ -8.9% |
| 2014 | 0.69x | $327.73 Million | $226.02 Million | ▼ -12.6% |
| 2013 | 0.79x | $239.00 Million | $188.58 Million | ▲ +35.5% |
| 2012 | 0.58x | $220.89 Million | $128.64 Million | ▲ +5.9% |
| 2011 | 0.55x | $176.54 Million | $97.11 Million | ▲ +39.6% |
| 2010 | 0.39x | $172.83 Million | $68.11 Million | ▼ -73.3% |
| 2009 | 1.47x | $75.20 Million | $110.86 Million | ▼ -32.1% |
| 2008 | 2.17x | $46.91 Million | $101.87 Million | ▲ +93.8% |
| 2007 | 1.12x | $55.63 Million | $62.33 Million | ▲ +1.3% |
| 2006 | 1.11x | $37.60 Million | $41.61 Million | ▼ -81.5% |
| 2004 | 5.97x | $5.08 Million | $30.35 Million | ▲ +111.0% |
| 2003 | 2.83x | $9.70 Million | $27.43 Million | — |