Ulta Beauty has retired 33.5% of its shares since 2014, from 64,295,291 to 42,757,471.
At $592.94 a share, a market value of $25.4B. FCF yield 4.5%, P/E 21.0, trailing twelve months to August 2026.
| Fiscal year | Date | Shares outstanding | Filing | |
|---|---|---|---|---|
| 2008 | 2008-04-10 | 56,995,738 | 10-K | cover page |
| 2009 | 2009-03-26 | 57,744,488 | 10-K | cover page |
| 2010 | 2010-03-25 | 58,293,399 | 10-K | cover page |
| 2011 | 2011-01-29 | 60,202,000 | 10-K | |
| 2012 | 2012-03-22 | 62,474,444 | 10-K | |
| 2013 | 2013-03-28 | 63,670,003 | 10-K | |
| 2014 | 2014-03-27 | 64,295,291 | 10-K | |
| 2015 | 2015-03-26 | 64,230,316 | 10-K | |
| 2016 | 2016-03-24 | 62,618,206 | 10-K | |
| 2017 | 2017-03-23 | 62,132,265 | 10-K | |
| 2018 | 2018-03-29 | 60,611,334 | 10-K | |
| 2019 | 2019-03-28 | 58,803,744 | 10-K | |
| 2020 | 2020-03-23 | 56,309,476 | 10-K | |
| 2021 | 2021-03-22 | 56,205,592 | 10-K | |
| 2022 | 2022-03-21 | 52,327,263 | 10-K | |
| 2023 | 2023-03-20 | 50,195,089 | 10-K | |
| 2024 | 2024-03-22 | 48,268,744 | 10-K | |
| 2025 | 2025-03-25 | 45,309,488 | 10-K | |
| 2026 | 2026-03-23 | 43,736,630 | 10-K |
Source: all 10-K filings of Ulta Beauty on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.
Cash spent comes from the cash flow statement. Shares outstanding fell by less than the company bought, because part of every buyback only replaces shares handed to employees. Today’s price is $592.94.
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Yes. Ulta Beauty has 3.6% fewer shares outstanding than twelve months ago, 42,757,471 as of August 24, 2026. Over five years the share count is down 21.0%.
Net of every new share it issued, Ulta Beauty has 21.5 million fewer shares than at its 2014 peak. That is 33.5% of the company.
42,757,471 shares, as of August 24, 2026, from the cover page of its latest 10-Q. At the 2014 peak it had 64,295,291.
Each share is a bigger slice of the company. Someone who held Ulta Beauty stock in 2014 owns 1.5 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.
Ulta Beauty ranks No. 235 of 467 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: UnitedHealth (33.8%), Mastercard (33.6%), GATX (33.4%), Avery Dennison (33.4%).
Every answer is computed from Ulta Beauty's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.
The numbers say what happened. The story says whether it can continue. We cover companies like Ulta Beauty in depth on Cannibal Stocks.
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