Ulta Beauty, Inc. (ULTA) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: June 02, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 0.84% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
44M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

ULTA currently has 43.8M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 0.84% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Jun 02, 2026

10-Q filing | 43.8M shares outstanding

44M 0
Mar 26, 2026

10-K filing | 44.8M shares outstanding

45M 0
Dec 04, 2025

10-Q filing | 44.7M shares outstanding

45M 0
Aug 28, 2025

10-Q filing | 45.0M shares outstanding

45M 0
May 29, 2025

10-Q filing | 45.4M shares outstanding

45M 0
Mar 27, 2025

10-K filing | 47.2M shares outstanding

47M 0
Dec 05, 2024

10-Q filing | 46.9M shares outstanding

47M 0
Aug 29, 2024

10-Q filing | 47.5M shares outstanding

48M 0
May 30, 2024

10-Q filing | 48.1M shares outstanding

48M 0
Mar 26, 2024

10-K filing | 49.3M shares outstanding

49M 0
Nov 30, 2023

10-Q filing | 49.0M shares outstanding

49M 0
Aug 24, 2023

10-Q filing | 49.6M shares outstanding

50M 0
May 25, 2023

10-Q filing | 50.2M shares outstanding

50M 0
Mar 24, 2023

10-K filing | 51.4M shares outstanding

51M 0
Dec 01, 2022

10-Q filing | 51.1M shares outstanding

51M 0
Aug 25, 2022

10-Q filing | 51.6M shares outstanding

52M 0
May 26, 2022

10-Q filing | 52.3M shares outstanding

52M 0
Mar 25, 2022

10-K filing | 54.5M shares outstanding

54M 0
Dec 02, 2021

10-Q filing | 54.3M shares outstanding

54M 0
Aug 25, 2021

10-Q filing | 54.7M shares outstanding

55M 0
May 27, 2021

10-Q filing | 55.8M shares outstanding

56M 0
Mar 26, 2021

10-K filing | 56.4M shares outstanding

56M 0
Dec 03, 2020

10-Q filing | 56.3M shares outstanding

56M 0
Aug 27, 2020

10-Q filing | 56.3M shares outstanding

56M 0
May 28, 2020

10-Q filing | 56.4M shares outstanding

56M 0
Mar 27, 2020

10-K filing | 57.8M shares outstanding

58M 0
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