Ulta Beauty Inc (ULTA) — Cash Flow Quality Index
Latest as of October 2025:
0.02x
Ulta Beauty Inc (ULTA) has a Cash Flow Quality Index of 0.02x as of October 2025. Operating cash flow of $4.88 Million is below net income of $230.88 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore ULTA cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.02x
Operating CF / Net Income
Operating Cash Flow
$4.88 Million
USD
Net Income
$230.88 Million
USD
Data as of
Oct 2025
Most recent filing
Ulta Beauty Inc Cash Flow Quality Index (2003–2025)
Historical Cash Flow Quality Index for Ulta Beauty Inc across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Ulta Beauty Inc operating cash flow efficiency.
Annual Cash Flow Quality Index for Ulta Beauty Inc (2003–2025)
Year-by-year earnings quality comparison for Ulta Beauty Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.11x | $1.34 Billion | $1.20 Billion | ▼ -2.5% |
| 2024 | 1.14x | $1.48 Billion | $1.29 Billion | ▼ -4.1% |
| 2023 | 1.19x | $1.48 Billion | $1.24 Billion | ▲ +11.0% |
| 2022 | 1.07x | $1.06 Billion | $985.84 Million | ▼ -76.7% |
| 2021 | 4.61x | $810.36 Million | $175.84 Million | ▲ +195.4% |
| 2020 | 1.56x | $1.10 Billion | $705.95 Million | ▲ +7.5% |
| 2019 | 1.45x | $956.13 Million | $658.56 Million | ▲ +3.4% |
| 2018 | 1.40x | $779.37 Million | $555.23 Million | ▼ -9.3% |
| 2017 | 1.55x | $634.38 Million | $409.76 Million | ▲ +31.8% |
| 2016 | 1.17x | $375.87 Million | $320.01 Million | ▼ -23.8% |
| 2015 | 1.54x | $396.59 Million | $257.13 Million | ▼ -4.5% |
| 2014 | 1.62x | $327.73 Million | $202.85 Million | ▲ +16.6% |
| 2013 | 1.39x | $239.00 Million | $172.55 Million | ▼ -24.6% |
| 2012 | 1.84x | $220.89 Million | $120.26 Million | ▼ -26.1% |
| 2011 | 2.49x | $176.54 Million | $71.03 Million | ▼ -43.4% |
| 2010 | 4.39x | $172.83 Million | $39.36 Million | ▲ +47.5% |
| 2009 | 2.98x | $75.20 Million | $25.27 Million | ▲ +60.8% |
| 2008 | 1.85x | $46.91 Million | $25.34 Million | ▼ -25.0% |
| 2007 | 2.47x | $55.63 Million | $22.54 Million | ▲ +4.8% |
| 2006 | 2.35x | $37.60 Million | $15.97 Million | ▲ +135.5% |
| 2004 | 1.00x | $5.08 Million | $5.08 Million | ▲ +0.0% |
| 2003 | 1.00x | $9.70 Million | $9.70 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.