Ulta Beauty Inc (ULTA) — Free Cash Flow Generation Index
Ulta Beauty Inc (ULTA) has a Free Cash Flow Generation Index of -16.89x as of October 2025. Free cash flow of $-82.40 Million represents -17% of operating cash flow ($4.88 Million). Read Ulta Beauty Inc balance sheet liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Ulta Beauty Inc Free Cash Flow Generation Index (2003–2025)
Historical FCF Generation Index trend for Ulta Beauty Inc across 22 annual periods. Explore Ulta Beauty Inc (ULTA) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Ulta Beauty Inc (2003–2025)
Year-by-year Free Cash Flow Generation Index for Ulta Beauty Inc. For the full company profile including market capitalisation, see market cap of Ulta Beauty Inc.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.72x | $964.15 Million | $1.34 Billion | $374.46 Million | ▲ +2.1% |
| 2024 | 0.71x | $1.04 Billion | $1.48 Billion | $435.27 Million | ▼ -10.7% |
| 2023 | 0.79x | $1.17 Billion | $1.48 Billion | $312.13 Million | ▼ -5.7% |
| 2022 | 0.84x | $887.08 Million | $1.06 Billion | $172.19 Million | ▲ +3.1% |
| 2021 | 0.81x | $658.49 Million | $810.36 Million | $151.87 Million | ▲ +11.5% |
| 2020 | 0.73x | $802.76 Million | $1.10 Billion | $298.53 Million | ▲ +9.5% |
| 2019 | 0.67x | $636.73 Million | $956.13 Million | $319.40 Million | ▲ +53.3% |
| 2018 | 0.43x | $338.65 Million | $779.37 Million | $440.71 Million | ▲ +5.6% |
| 2017 | 0.41x | $260.94 Million | $634.38 Million | $373.45 Million | ▲ +101.6% |
| 2016 | 0.20x | $76.71 Million | $375.87 Million | $299.17 Million | ▼ -45.1% |
| 2015 | 0.37x | $147.53 Million | $396.59 Million | $249.07 Million | ▲ +19.9% |
| 2014 | 0.31x | $101.70 Million | $327.73 Million | $226.02 Million | ▲ +47.1% |
| 2013 | 0.21x | $50.42 Million | $239.00 Million | $188.58 Million | ▼ -49.5% |
| 2012 | 0.42x | $92.25 Million | $220.89 Million | $128.64 Million | ▼ -7.2% |
| 2011 | 0.45x | $79.43 Million | $176.54 Million | $97.11 Million | ▼ -25.7% |
| 2010 | 0.61x | $104.72 Million | $172.83 Million | $68.11 Million | ▲ +227.8% |
| 2009 | -0.47x | $-35.66 Million | $75.20 Million | $110.86 Million | ▲ +59.5% |
| 2008 | -1.17x | $-54.96 Million | $46.91 Million | $101.87 Million | ▼ -872.7% |
| 2007 | -0.12x | $-6.70 Million | $55.63 Million | $62.33 Million | ▼ -13.1% |
| 2006 | -0.11x | $-4.01 Million | $37.60 Million | $41.61 Million | ▲ +97.9% |
| 2004 | -4.97x | $-25.27 Million | $5.08 Million | $30.35 Million | ▼ -171.8% |
| 2003 | -1.83x | $-17.73 Million | $9.70 Million | $27.43 Million | — |