Ulta Beauty Inc (ULTA) — Free Cash Flow Generation Index

Latest as of October 2025: -16.89x

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). See working capital to net assets of Ulta Beauty Inc to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

-16.89x
Free Cash Flow / Operating CF

Free Cash Flow

$-82.40 Million
USD

Operating Cash Flow

$4.88 Million
USD

Capital Expenditures

$87.27 Million
USD

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 cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

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 ULTA market cap overview.

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
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).