Stocks Comparison
Bath & Body Works vs Ulta Beauty: revenue, profit, margins and growth compared
Bath & Body Works brought in $7.3B of revenue in fiscal 2025, Ulta Beauty $12.4B in fiscal 2025. Revenue changed by -0.2% at Bath & Body Works and +9.7% at Ulta Beauty on the year before, so Ulta Beauty grew faster. Bath & Body Works kept 8.9% of its revenue as net profit, Ulta Beauty 9.3%. Free cash flow was $865M at Bath & Body Works and $1.1B at Ulta Beauty.
Side by side, latest fiscal year
| BBWI | ULTA | |
|---|---|---|
| Fiscal year ended | FY2025 (January 31, 2026) | FY2025 (January 31, 2026) |
| Revenue | $7.3B | $12.4B |
| Revenue growth | -0.2% | +9.7% |
| Net income | $649M | $1.2B |
| Net margin | 8.9% | 9.3% |
| Free cash flow | $865M | $1.1B |
| Free cash flow margin | 11.9% | 8.6% |
| Earnings per share (diluted) | $3.11 | $25.64 |
| Cash | $953M | $424.2M |
| Debt | $3.9B | n/a |
| Price to earnings | 5.3 | 21.3 |
| Market value | $3.3B | $23.4B |
| Dividend yield | 4.86% | n/a |
| Rank by revenue in sector | #150 of 778 · Consumer discretionary | #104 of 778 · Consumer discretionary |
Over the years
Questions about Bath & Body Works and Ulta Beauty
Which is bigger by revenue, Bath & Body Works or Ulta Beauty?
Ulta Beauty is bigger by revenue: $12.4B in fiscal 2025, against $7.3B for Bath & Body Works in fiscal 2025.
Which keeps more of its revenue as profit, Bath & Body Works or Ulta Beauty?
Bath & Body Works had a net margin of 8.9% in fiscal 2025; Ulta Beauty had 9.3% in fiscal 2025.
Which grew revenue faster, Bath & Body Works or Ulta Beauty?
In their latest fiscal years revenue changed by -0.2% at Bath & Body Works and +9.7% at Ulta Beauty.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.