Ulta Beauty Inc (ULTA) — Cash Flow Reinvestment Rate
Ulta Beauty Inc (ULTA) has a Cash Flow Reinvestment Rate of 19.60x as of October 2025, reinvesting $95.59 Million (capex $87.27 Million plus investments $-8.31 Million) from operating cash flow of $4.88 Million. See ULTA free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Ulta Beauty Inc Cash Flow Reinvestment Rate (2003–2025)
Historical reinvestment intensity for Ulta Beauty Inc across 22 annual periods. For the full cash flow conversion analysis, see Ulta Beauty Inc operating cash flow efficiency.
Annual Cash Flow Reinvestment Rate for Ulta Beauty Inc (2003–2025)
Year-by-year capital reinvestment analysis for Ulta Beauty Inc. See Ulta Beauty Inc leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.57x | $757.55 Million | $1.34 Billion | $374.46 Million | ▼ -4.7% |
| 2024 | 0.59x | $876.69 Million | $1.48 Billion | $435.27 Million | ▲ +40.4% |
| 2023 | 0.42x | $626.71 Million | $1.48 Billion | $312.13 Million | ▲ +153.8% |
| 2022 | 0.17x | $176.48 Million | $1.06 Billion | $172.19 Million | ▼ -47.3% |
| 2021 | 0.32x | $256.20 Million | $810.36 Million | $151.87 Million | ▼ -26.2% |
| 2020 | 0.43x | $471.48 Million | $1.10 Billion | $298.53 Million | ▼ -6.4% |
| 2019 | 0.46x | $437.30 Million | $956.13 Million | $319.40 Million | ▼ -32.8% |
| 2018 | 0.68x | $530.71 Million | $779.37 Million | $440.71 Million | ▼ -8.8% |
| 2017 | 0.75x | $473.45 Million | $634.38 Million | $373.45 Million | ▼ -12.2% |
| 2016 | 0.85x | $319.38 Million | $375.87 Million | $299.17 Million | ▼ -15.6% |
| 2015 | 1.01x | $399.28 Million | $396.59 Million | $249.07 Million | ▲ +46.0% |
| 2014 | 0.69x | $226.02 Million | $327.73 Million | $226.02 Million | ▼ -12.6% |
| 2013 | 0.79x | $188.58 Million | $239.00 Million | $188.58 Million | ▲ +35.5% |
| 2012 | 0.58x | $128.64 Million | $220.89 Million | $128.64 Million | ▲ +5.9% |
| 2011 | 0.55x | $97.11 Million | $176.54 Million | $97.11 Million | ▲ +39.6% |
| 2010 | 0.39x | $68.11 Million | $172.83 Million | $68.11 Million | ▼ -73.3% |
| 2009 | 1.47x | $110.86 Million | $75.20 Million | $110.86 Million | ▼ -32.1% |
| 2008 | 2.17x | $101.87 Million | $46.91 Million | $101.87 Million | ▲ +93.8% |
| 2007 | 1.12x | $62.33 Million | $55.63 Million | $62.33 Million | ▲ +1.3% |
| 2006 | 1.11x | $41.61 Million | $37.60 Million | $41.61 Million | ▼ -81.5% |
| 2004 | 5.97x | $30.35 Million | $5.08 Million | $30.35 Million | ▲ +111.0% |
| 2003 | 2.83x | $27.43 Million | $9.70 Million | $27.43 Million | — |