Analysis of Long-term (Investment) Activity Ratios
Quarterly Data
Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.
Long-term Activity Ratios (Summary)
Ulta Beauty Inc., long-term (investment) activity ratios (quarterly data)
Based on: 10-Q (reporting date: 2023-07-29), 10-Q (reporting date: 2023-04-29), 10-K (reporting date: 2023-01-28), 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29).
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Ulta Beauty Inc. net fixed asset turnover ratio improved from Q4 2023 to Q1 2024 but then deteriorated significantly from Q1 2024 to Q2 2024. |
| Net fixed asset turnover (including operating lease, right-of-use asset) | An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). | Ulta Beauty Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Ulta Beauty Inc. total asset turnover ratio improved from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | Ulta Beauty Inc. equity turnover ratio deteriorated from Q4 2023 to Q1 2024 but then improved from Q1 2024 to Q2 2024 exceeding Q4 2023 level. |
Net Fixed Asset Turnover
Ulta Beauty Inc., net fixed asset turnover calculation (quarterly data)
| Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | Feb 2, 2019 | Nov 3, 2018 | Aug 4, 2018 | May 5, 2018 | Feb 3, 2018 | Oct 28, 2017 | Jul 29, 2017 | Apr 29, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||||||||
| Net sales | 2,529,809) | 2,634,263) | 3,226,773) | 2,338,793) | 2,297,113) | 2,345,901) | 2,729,388) | 1,995,775) | 1,967,207) | 1,938,519) | 2,198,701) | 1,552,033) | 1,228,009) | 1,173,210) | 2,305,918) | 1,682,514) | 1,666,607) | 1,743,029) | 2,124,716) | 1,560,011) | 1,488,221) | 1,543,667) | 1,937,592) | 1,342,181) | 1,289,854) | 1,314,879) | ||||||||
| Property and equipment, net | 1,073,144) | 1,019,978) | 1,009,273) | 967,039) | 912,017) | 909,543) | 914,476) | 908,665) | 909,507) | 960,440) | 995,795) | 1,042,262) | 1,077,825) | 1,148,341) | 1,205,524) | 1,233,412) | 1,219,948) | 1,205,919) | 1,226,029) | 1,257,775) | 1,212,978) | 1,190,969) | 1,189,453) | 1,172,682) | 1,095,135) | 1,020,853) | ||||||||
| Long-term Activity Ratio | ||||||||||||||||||||||||||||||||||
| Net fixed asset turnover1 | 10.00 | 10.29 | 10.11 | 10.04 | 10.27 | 9.94 | 9.44 | 8.91 | 8.42 | 7.20 | 6.18 | 6.01 | 5.93 | 5.95 | 6.14 | 5.85 | 5.82 | 5.74 | 5.48 | 5.19 | 5.20 | 5.13 | 4.95 | — | — | — | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Net Fixed Asset Turnover, Competitors2 | ||||||||||||||||||||||||||||||||||
| Amazon.com Inc. | 2.74 | 2.81 | 2.82 | 2.82 | 2.78 | 2.75 | 2.75 | 2.83 | 2.80 | 2.84 | 2.93 | 3.11 | 3.32 | 3.45 | 3.41 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Home Depot Inc. | 5.98 | 6.07 | 6.14 | 6.23 | 6.15 | 6.06 | 6.00 | 5.92 | 5.83 | 5.73 | 5.35 | 5.27 | 5.10 | 4.94 | 4.84 | 4.94 | 4.91 | 4.92 | 4.84 | — | — | — | — | — | — | — | ||||||||
| Lowe’s Cos. Inc. | 5.37 | 5.50 | 5.53 | 5.55 | 5.10 | 5.05 | 5.05 | 5.03 | 4.97 | 4.95 | 4.68 | 4.57 | 4.32 | 4.00 | 3.86 | 3.91 | 3.94 | 3.95 | 3.87 | — | — | — | — | — | — | — | ||||||||
| TJX Cos. Inc. | 8.31 | 8.53 | 8.63 | 8.84 | 9.21 | 9.43 | 9.21 | 8.84 | 8.46 | 7.46 | 6.38 | 6.67 | 6.61 | 7.08 | 7.83 | 7.74 | 7.94 | 7.88 | 7.42 | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2023-07-29), 10-Q (reporting date: 2023-04-29), 10-K (reporting date: 2023-01-28), 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29).
1 Q2 2024 Calculation
Net fixed asset turnover
= (Net salesQ2 2024
+ Net salesQ1 2024
+ Net salesQ4 2023
+ Net salesQ3 2023)
÷ Property and equipment, net
= (2,529,809 + 2,634,263 + 3,226,773 + 2,338,793)
÷ 1,073,144 = 10.00
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover | An activity ratio calculated as total revenue divided by net fixed assets. | Ulta Beauty Inc. net fixed asset turnover ratio improved from Q4 2023 to Q1 2024 but then deteriorated significantly from Q1 2024 to Q2 2024. |
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)
Ulta Beauty Inc., net fixed asset turnover (including operating lease, right-of-use asset) calculation (quarterly data)
| Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | Feb 2, 2019 | Nov 3, 2018 | Aug 4, 2018 | May 5, 2018 | Feb 3, 2018 | Oct 28, 2017 | Jul 29, 2017 | Apr 29, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||||||||
| Net sales | 2,529,809) | 2,634,263) | 3,226,773) | 2,338,793) | 2,297,113) | 2,345,901) | 2,729,388) | 1,995,775) | 1,967,207) | 1,938,519) | 2,198,701) | 1,552,033) | 1,228,009) | 1,173,210) | 2,305,918) | 1,682,514) | 1,666,607) | 1,743,029) | 2,124,716) | 1,560,011) | 1,488,221) | 1,543,667) | 1,937,592) | 1,342,181) | 1,289,854) | 1,314,879) | ||||||||
| Property and equipment, net | 1,073,144) | 1,019,978) | 1,009,273) | 967,039) | 912,017) | 909,543) | 914,476) | 908,665) | 909,507) | 960,440) | 995,795) | 1,042,262) | 1,077,825) | 1,148,341) | 1,205,524) | 1,233,412) | 1,219,948) | 1,205,919) | 1,226,029) | 1,257,775) | 1,212,978) | 1,190,969) | 1,189,453) | 1,172,682) | 1,095,135) | 1,020,853) | ||||||||
| Operating lease right-of-use assets | 1,549,146) | 1,559,560) | 1,561,263) | 1,556,940) | 1,509,246) | 1,488,040) | 1,482,256) | 1,464,533) | 1,470,166) | 1,487,616) | 1,504,614) | 1,510,030) | 1,548,239) | 1,583,490) | 1,537,565) | 1,529,524) | 1,499,556) | 1,479,132) | —) | —) | —) | —) | —) | —) | —) | —) | ||||||||
| Property and equipment, net (including operating lease, right-of-use asset) | 2,622,290) | 2,579,538) | 2,570,536) | 2,523,979) | 2,421,263) | 2,397,583) | 2,396,732) | 2,373,198) | 2,379,673) | 2,448,056) | 2,500,409) | 2,552,292) | 2,626,064) | 2,731,831) | 2,743,089) | 2,762,936) | 2,719,504) | 2,685,051) | 1,226,029) | 1,257,775) | 1,212,978) | 1,190,969) | 1,189,453) | 1,172,682) | 1,095,135) | 1,020,853) | ||||||||
| Long-term Activity Ratio | ||||||||||||||||||||||||||||||||||
| Net fixed asset turnover (including operating lease, right-of-use asset)1 | 4.09 | 4.07 | 3.97 | 3.85 | 3.87 | 3.77 | 3.60 | 3.41 | 3.22 | 2.83 | 2.46 | 2.45 | 2.43 | 2.50 | 2.70 | 2.61 | 2.61 | 2.58 | 5.48 | 5.19 | 5.20 | 5.13 | 4.95 | — | — | — | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Competitors2 | ||||||||||||||||||||||||||||||||||
| Amazon.com Inc. | 2.05 | 2.09 | 2.08 | 2.07 | 2.04 | 2.03 | 2.03 | 2.10 | 2.09 | 2.13 | 2.17 | 2.30 | 2.51 | 2.61 | 2.56 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Home Depot Inc. | 4.69 | 4.78 | 4.83 | 4.95 | 4.95 | 4.90 | 4.85 | 4.79 | 4.70 | 4.63 | 4.31 | 4.29 | 4.14 | 3.96 | 3.89 | 3.95 | 3.90 | 3.93 | 4.84 | — | — | — | — | — | — | — | ||||||||
| Lowe’s Cos. Inc. | 4.43 | 4.58 | 4.60 | 4.62 | 4.17 | 4.15 | 4.15 | 4.12 | 4.14 | 4.11 | 3.90 | 3.79 | 3.59 | 3.31 | 3.20 | 3.23 | 3.24 | 3.25 | 3.87 | — | — | — | — | — | — | — | ||||||||
| TJX Cos. Inc. | 3.29 | 3.34 | 3.36 | 3.38 | 3.45 | 3.47 | 3.44 | 3.19 | 3.02 | 2.66 | 2.29 | 2.38 | 2.38 | 2.58 | 2.90 | 2.84 | 2.86 | 2.86 | 7.42 | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2023-07-29), 10-Q (reporting date: 2023-04-29), 10-K (reporting date: 2023-01-28), 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29).
1 Q2 2024 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset)
= (Net salesQ2 2024
+ Net salesQ1 2024
+ Net salesQ4 2023
+ Net salesQ3 2023)
÷ Property and equipment, net (including operating lease, right-of-use asset)
= (2,529,809 + 2,634,263 + 3,226,773 + 2,338,793)
÷ 2,622,290 = 4.09
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Net fixed asset turnover (including operating lease, right-of-use asset) | An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). | Ulta Beauty Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) improved from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
Total Asset Turnover
Ulta Beauty Inc., total asset turnover calculation (quarterly data)
| Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | Feb 2, 2019 | Nov 3, 2018 | Aug 4, 2018 | May 5, 2018 | Feb 3, 2018 | Oct 28, 2017 | Jul 29, 2017 | Apr 29, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||||||||
| Net sales | 2,529,809) | 2,634,263) | 3,226,773) | 2,338,793) | 2,297,113) | 2,345,901) | 2,729,388) | 1,995,775) | 1,967,207) | 1,938,519) | 2,198,701) | 1,552,033) | 1,228,009) | 1,173,210) | 2,305,918) | 1,682,514) | 1,666,607) | 1,743,029) | 2,124,716) | 1,560,011) | 1,488,221) | 1,543,667) | 1,937,592) | 1,342,181) | 1,289,854) | 1,314,879) | ||||||||
| Total assets | 5,248,760) | 5,375,719) | 5,370,411) | 5,331,549) | 4,945,994) | 5,012,036) | 4,764,379) | 5,287,767) | 4,954,585) | 5,087,544) | 5,089,969) | 4,870,994) | 5,497,121) | 5,530,551) | 4,863,872) | 4,928,848) | 4,710,375) | 4,766,353) | 3,191,172) | 3,332,691) | 3,073,349) | 3,022,249) | 2,908,687) | 2,834,873) | 2,702,217) | 2,707,601) | ||||||||
| Long-term Activity Ratio | ||||||||||||||||||||||||||||||||||
| Total asset turnover1 | 2.04 | 1.95 | 1.90 | 1.82 | 1.89 | 1.80 | 1.81 | 1.53 | 1.55 | 1.36 | 1.21 | 1.28 | 1.16 | 1.23 | 1.52 | 1.46 | 1.51 | 1.45 | 2.10 | 1.96 | 2.05 | 2.02 | 2.02 | — | — | — | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Total Asset Turnover, Competitors2 | ||||||||||||||||||||||||||||||||||
| Amazon.com Inc. | 1.09 | 1.11 | 1.09 | 1.14 | 1.13 | 1.13 | 1.11 | 1.17 | 1.16 | 1.16 | 1.12 | 1.20 | 1.23 | 1.30 | 1.20 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Home Depot Inc. | 2.03 | 2.04 | 2.06 | 2.05 | 2.05 | 1.99 | 2.10 | 2.02 | 2.04 | 1.95 | 1.87 | 1.88 | 1.88 | 1.91 | 2.15 | 2.12 | 2.12 | 2.13 | 2.46 | — | — | — | — | — | — | — | ||||||||
| Lowe’s Cos. Inc. | 2.09 | 2.09 | 2.22 | 2.04 | 2.04 | 1.92 | 2.16 | 1.93 | 1.92 | 1.84 | 1.92 | 1.68 | 1.55 | 1.62 | 1.83 | 1.80 | 1.76 | 1.66 | 2.07 | — | — | — | — | — | — | — | ||||||||
| TJX Cos. Inc. | 1.77 | 1.75 | 1.76 | 1.73 | 1.83 | 1.80 | 1.71 | 1.52 | 1.50 | 1.25 | 1.04 | 1.06 | 1.27 | 1.45 | 1.73 | 1.67 | 1.75 | 1.76 | 2.72 | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2023-07-29), 10-Q (reporting date: 2023-04-29), 10-K (reporting date: 2023-01-28), 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29).
1 Q2 2024 Calculation
Total asset turnover
= (Net salesQ2 2024
+ Net salesQ1 2024
+ Net salesQ4 2023
+ Net salesQ3 2023)
÷ Total assets
= (2,529,809 + 2,634,263 + 3,226,773 + 2,338,793)
÷ 5,248,760 = 2.04
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Total asset turnover | An activity ratio calculated as total revenue divided by total assets. | Ulta Beauty Inc. total asset turnover ratio improved from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024. |
Equity Turnover
Ulta Beauty Inc., equity turnover calculation (quarterly data)
| Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | Feb 2, 2019 | Nov 3, 2018 | Aug 4, 2018 | May 5, 2018 | Feb 3, 2018 | Oct 28, 2017 | Jul 29, 2017 | Apr 29, 2017 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||||||||
| Net sales | 2,529,809) | 2,634,263) | 3,226,773) | 2,338,793) | 2,297,113) | 2,345,901) | 2,729,388) | 1,995,775) | 1,967,207) | 1,938,519) | 2,198,701) | 1,552,033) | 1,228,009) | 1,173,210) | 2,305,918) | 1,682,514) | 1,666,607) | 1,743,029) | 2,124,716) | 1,560,011) | 1,488,221) | 1,543,667) | 1,937,592) | 1,342,181) | 1,289,854) | 1,314,879) | ||||||||
| Stockholders’ equity | 2,051,877) | 2,018,068) | 1,959,811) | 1,922,255) | 1,769,068) | 1,745,620) | 1,535,373) | 1,986,800) | 1,879,813) | 1,844,717) | 1,999,549) | 1,854,437) | 1,770,793) | 1,753,959) | 1,902,094) | 1,847,156) | 1,839,451) | 1,941,568) | 1,820,218) | 1,835,736) | 1,812,478) | 1,783,433) | 1,774,217) | 1,616,051) | 1,635,350) | 1,641,657) | ||||||||
| Long-term Activity Ratio | ||||||||||||||||||||||||||||||||||
| Equity turnover1 | 5.23 | 5.20 | 5.21 | 5.05 | 5.30 | 5.18 | 5.62 | 4.08 | 4.07 | 3.75 | 3.08 | 3.38 | 3.61 | 3.89 | 3.89 | 3.91 | 3.86 | 3.56 | 3.69 | 3.56 | 3.48 | 3.43 | 3.32 | — | — | — | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Equity Turnover, Competitors2 | ||||||||||||||||||||||||||||||||||
| Amazon.com Inc. | 2.56 | 2.73 | 2.85 | 3.03 | 3.19 | 3.40 | 3.52 | 3.65 | 3.70 | 3.57 | 3.40 | 3.80 | 3.86 | 4.06 | 4.13 | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Home Depot Inc. | 116.01 | 430.25 | 100.77 | 121.18 | 655.02 | — | — | 142.70 | 69.80 | 80.86 | 40.05 | 81.84 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Lowe’s Cos. Inc. | — | — | — | — | — | — | — | — | — | 212.01 | 62.35 | 20.95 | 18.46 | 43.17 | 36.59 | 29.20 | 27.19 | 22.15 | 19.57 | — | — | — | — | — | — | — | ||||||||
| TJX Cos. Inc. | 7.75 | 7.83 | 7.85 | 8.70 | 9.20 | 8.91 | 8.09 | 7.08 | 6.75 | 6.16 | 5.51 | 6.00 | 7.24 | 7.78 | 7.01 | 7.33 | 7.55 | 7.71 | 7.72 | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2023-07-29), 10-Q (reporting date: 2023-04-29), 10-K (reporting date: 2023-01-28), 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29).
1 Q2 2024 Calculation
Equity turnover
= (Net salesQ2 2024
+ Net salesQ1 2024
+ Net salesQ4 2023
+ Net salesQ3 2023)
÷ Stockholders’ equity
= (2,529,809 + 2,634,263 + 3,226,773 + 2,338,793)
÷ 2,051,877 = 5.23
2 Click competitor name to see calculations.
| Long-term activity ratio | Description | The company |
|---|---|---|
| Equity turnover | An activity ratio calculated as total revenue divided by shareholders’ equity. | Ulta Beauty Inc. equity turnover ratio deteriorated from Q4 2023 to Q1 2024 but then improved from Q1 2024 to Q2 2024 exceeding Q4 2023 level. |