Bolingbrook, Illinois-based Ulta Beauty, Inc. (ULTA) is a specialty beauty retailer with a market cap of $19.9 billion. It offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools.
Companies valued at $10 billion or more are typically classified as “large-cap stocks,” and ULTA fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the specialty retail industry. The company’s defining specialty is its unique "All Things Beauty, All in One Place" retail model, which disrupts traditional beauty shopping by combining high-end luxury prestige brands and affordable mass-market cosmetics under a single roof.