Dick's Sporting Goods vs Ulta Beauty
Dick's Sporting Goods is the larger business, with $17.22bn of revenue in fiscal 2026 against $12.39bn for Ulta Beauty (1.4 times as much). Dick's Sporting Goods grew faster (28.1% against 9.7%). Ulta Beauty kept more of each dollar of sales as profit: a net margin of 9.3% against 4.9%.
| Latest fiscal year | Dick's Sporting GoodsDKS, 2026 | Ulta BeautyULTA, 2026 |
|---|---|---|
| Revenue | $17.22bn | $12.39bn |
| Revenue growth | 28.1% | 9.7% |
| Net income | $849m | $1.15bn |
| Operating margin | 6.4% | — |
| Net margin | 4.9% | 9.3% |
| Return on equity | 19.4% | 43.6% |
| Free cash flow | $400m | $1.07bn |
| Cash | $1.35bn | $424m |
| Total debt | — | $62.3m |
| Debt to equity | — | — |
| Dividend per share | $4.85 | — |
| Dividend yield | 3.5% | — |
| Share buybacks | $347m | $901m |
| Employees | 37,500 | — |
| Market value | $12.82bn | $27.29bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 62 (Moderate) | 72 (Strong) |
| Insider trades, 12 months | 9 buys, 9 sales | 0 buys, 4 sales |