Ulta Beauty Management

Management criteria checks 3/4

Ulta Beauty's CEO is Kecia Steelman, appointed in Sep 2023, has a tenure of 1.67 years. total yearly compensation is $6.30M, comprised of 18% salary and 82% bonuses, including company stock and options. directly owns 0.031% of the company’s shares, worth $5.84M. The average tenure of the management team and the board of directors is 1.4 years and 5.7 years respectively.

Key information

Kecia Steelman

Chief executive officer

US$6.3m

Total compensation

CEO salary percentage18.03%
CEO tenure1.7yrs
CEO ownership0.03%
Management average tenure1.4yrs
Board average tenure5.7yrs

Recent management updates

Recent updates

Ulta Beauty: Earnings Inflection Catalyzed, Initiate At Buy

May 09

An Intrinsic Calculation For Ulta Beauty, Inc. (NASDAQ:ULTA) Suggests It's 42% Undervalued

Apr 25
An Intrinsic Calculation For Ulta Beauty, Inc. (NASDAQ:ULTA) Suggests It's 42% Undervalued

Ulta Beauty: Getting More Attractive With Each Visit, Just Like Its Customers

Mar 02

Ulta Beauty (NASDAQ:ULTA) Is Investing Its Capital With Increasing Efficiency

Feb 18
Ulta Beauty (NASDAQ:ULTA) Is Investing Its Capital With Increasing Efficiency

Ulta Beauty: More Headwinds Ahead As Growth Stalls & Balance Sheet Deteriorates

Jan 28

Is It Time To Consider Buying Ulta Beauty, Inc. (NASDAQ:ULTA)?

Jan 22
Is It Time To Consider Buying Ulta Beauty, Inc. (NASDAQ:ULTA)?

Unpleasant Surprises Could Be In Store For Ulta Beauty, Inc.'s (NASDAQ:ULTA) Shares

Jan 06
Unpleasant Surprises Could Be In Store For Ulta Beauty, Inc.'s (NASDAQ:ULTA) Shares

Ulta Beauty Looks Ready To Shine (Technical Analysis)

Dec 23

Ulta Beauty (NASDAQ:ULTA) Has A Pretty Healthy Balance Sheet

Dec 11
Ulta Beauty (NASDAQ:ULTA) Has A Pretty Healthy Balance Sheet

Is Ulta Beauty, Inc. (NASDAQ:ULTA) Trading At A 25% Discount?

Nov 27
Is Ulta Beauty, Inc. (NASDAQ:ULTA) Trading At A 25% Discount?

Ulta Beauty: What To Think Of Berkshire's Short Holding Period

Nov 25

Why We Like The Returns At Ulta Beauty (NASDAQ:ULTA)

Nov 12
Why We Like The Returns At Ulta Beauty (NASDAQ:ULTA)

I'm Finally Buying Ulta Beauty's Bold Transition Phase (Rating Upgrade)

Nov 12

Ulta Beauty: Investor Day Unveils Long-Term Value

Oct 21

Ulta Beauty: A Compelling Investment In An Expensive Market

Oct 11

Ulta Beauty, Inc.'s (NASDAQ:ULTA) Price Is Right But Growth Is Lacking

Sep 27
Ulta Beauty, Inc.'s (NASDAQ:ULTA) Price Is Right But Growth Is Lacking

Bottom Fishing Ulta Beauty With Buffett (Technical Analysis)

Sep 18

At US$372, Is Ulta Beauty, Inc. (NASDAQ:ULTA) Worth Looking At Closely?

Sep 12
At US$372, Is Ulta Beauty, Inc. (NASDAQ:ULTA) Worth Looking At Closely?

The Fading Allure Of Ulta (Rating Downgrade)

Sep 06
author-image

Expanding Beauty Empire Fuels Revenue Growth Amid Evolving Challenges

Ulta Beauty's expansion and new store formats project a confident growth strategy aimed at increasing its market presence and attracting more customers.

Ulta Beauty's Ugly Day

Aug 30

Ulta Beauty, Inc.'s (NASDAQ:ULTA) Intrinsic Value Is Potentially 82% Above Its Share Price

Aug 28
Ulta Beauty, Inc.'s (NASDAQ:ULTA) Intrinsic Value Is Potentially 82% Above Its Share Price

Ulta Beauty: No Change In Fundamental Prospects Despite Berkshire Hathaway's Position

Aug 15

We Like Ulta Beauty's (NASDAQ:ULTA) Returns And Here's How They're Trending

Jul 26
We Like Ulta Beauty's (NASDAQ:ULTA) Returns And Here's How They're Trending

Ulta Beauty: Still Struggling To Capture Demand, Move Inventory

Jul 21

Ulta Beauty: Rising Inventories Are Another Major Red Flag

Jun 19

We Think That There Are Some Issues For Ulta Beauty (NASDAQ:ULTA) Beyond Its Promising Earnings

Jun 06
We Think That There Are Some Issues For Ulta Beauty (NASDAQ:ULTA) Beyond Its Promising Earnings

Ulta Beauty: Great Business, Greater Opportunity

May 28

Ulta Beauty: The Arrival In Mexico Came At The Best Time

May 20

Ulta Beauty: Unexpected International Plan And Underwhelming Guidance

Mar 18

Ulta Beauty Q4 Earnings Preview: Positive Outlook On Strong Holiday Season

Mar 10

Ulta Beauty Isn't Beautiful Enough For Me Before Another Steep Plunge

Jan 31

CEO Compensation Analysis

How has Kecia Steelman's remuneration changed compared to Ulta Beauty's earnings?
DateTotal CompensationSalaryCompany Earnings
Feb 01 2025US$6mUS$1m

US$1b

Nov 02 2024n/an/a

US$1b

Aug 03 2024n/an/a

US$1b

May 04 2024n/an/a

US$1b

Feb 03 2024US$6mUS$1m

US$1b

Oct 28 2023n/an/a

US$1b

Jul 29 2023n/an/a

US$1b

Apr 29 2023n/an/a

US$1b

Jan 28 2023US$9mUS$1m

US$1b

Oct 29 2022n/an/a

US$1b

Jul 30 2022n/an/a

US$1b

Apr 30 2022n/an/a

US$1b

Jan 29 2022US$4mUS$783k

US$986m

Compensation vs Market: Kecia's total compensation ($USD6.30M) is below average for companies of similar size in the US market ($USD14.16M).

Compensation vs Earnings: Kecia's compensation has been consistent with company performance over the past year.


CEO

Kecia Steelman (53 yo)

1.7yrs
Tenure
US$6,300,394
Compensation

Ms. Kecia L. Steelman is President, CEO & Director of Ulta Salon, Cosmetics & Fragrance, Inc since January 2025. Ms. Steelman serves as President at Ulta Beauty, Inc. (formerly known as ULTA Salon, Cosmeti...


Leadership Team

NamePositionTenureCompensationOwnership
Kecia Steelman
President1.7yrsUS$6.30m0.031%
$ 5.8m
Paula Oyibo
Chief Financial Officer1.1yrsUS$2.59m0.0050%
$ 950.8k
Anita Ryan
Chief Human Resources Officer3.1yrsUS$1.75m0.0076%
$ 1.4m
Mike Maresca
Chief Technology & Transformation Officer1.9yrsno datano data
Kiley Rawlins
Vice President of Investor Relationsno datano datano data
Rene Casares
Chief Legal Officerless than a yearno data0.000010%
$ 1.9k
Kelly Mahoney
Chief Marketing Officerless than a yearno datano data
Monica Arnaudo
Chief Merchandising Officerno datano datano data
Amiee Bayer-Thomas
Chief Retail Officer4.7yrsno datano data
Erik Lopez
Chief Supply Chain Officer1.2yrsno datano data
1.4yrs
Average Tenure
53yo
Average Age

Experienced Management: ULTA's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Kecia Steelman
Presidentless than a yearUS$6.30m0.031%
$ 5.8m
Michelle Collins
Independent Director10.6yrsUS$294.92k0.012%
$ 2.4m
George Mrkonic
Independent Director9.7yrsUS$318.15k0.0044%
$ 834.0k
Lorna Nagler
Independent Non-Executive Chair15.9yrsUS$487.83k0.014%
$ 2.7m
Michael MacDonald
Independent Director12.6yrsUS$305.55k0.0031%
$ 591.2k
Patricia Little
Independent Director5.5yrsUS$320.75k0.0049%
$ 915.0k
Catherine Halligan
Independent Director13.3yrsUS$305.55k0.0035%
$ 653.3k
Gisel Ruiz
Independent Director3.3yrsUS$320.75k0.0020%
$ 380.3k
Michael Smith
Independent Director5.7yrsUS$294.92k0.0043%
$ 803.9k
Heidi Petz
Independent Director2.4yrsUS$294.92k0.0012%
$ 233.5k
Kelly Garcia
Independent Director3.3yrsUS$294.92k0.0020%
$ 380.3k
5.7yrs
Average Tenure
61yo
Average Age

Experienced Board: ULTA's board of directors are considered experienced (5.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/29 10:09
End of Day Share Price 2025/05/29 00:00
Earnings2025/02/01
Annual Earnings2025/02/01

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ulta Beauty, Inc. is covered by 46 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Deborah CiervoArgus Research Company
Mark AltschwagerBaird
Ishan MajumdarBaptista Research