INTU vs. ULTA

Last updated Jun 9, 2026

INTU (Intuit Inc.) and ULTA (Ulta Beauty, Inc.) are both stocks. INTU operates in Software - Application (Technology), while ULTA operates in Specialty Retail (Consumer Cyclical). Over the past 10 years, INTU returned 11.98%/yr vs 6.79%/yr for ULTA. At a 0.35 correlation, their price movements are largely independent.

Performance

INTU vs. ULTA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Intuit Inc. (INTU) and Ulta Beauty, Inc. (ULTA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, INTU achieves a -53.65% return, which is significantly lower than ULTA's -23.51% return. Over the past 10 years, INTU has outperformed ULTA with an annualized return of 11.98%, while ULTA has yielded a comparatively lower 6.79% annualized return.

INTU

• 1D: 2.95%
• 1M: -22.91%
• YTD: -53.65%
• 6M: -53.22%
• 1Y: -60.08%
• 3Y*: -10.25%
• 5Y*: -7.58%
• 10Y*: 11.98%

ULTA

• 1D: -0.91%
• 1M: -11.27%
• YTD: -23.51%
• 6M: -21.47%
• 1Y: -0.61%
• 3Y*: 2.99%
• 5Y*: 6.83%
• 10Y*: 6.79%

*Multi-year figures are annualized to reflect compound growth (CAGR)

INTU vs. ULTA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
INTU Intuit Inc.	-53.65%	6.09%	1.16%	61.76%	-39.12%	70.27%	46.12%	34.11%	25.86%	39.21%
ULTA Ulta Beauty, Inc.	-23.51%	39.11%	-11.24%	4.46%	13.76%	43.59%	13.44%	3.39%	9.47%	-12.27%

Correlation

The correlation between INTU and ULTA is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (10Y) Calculated over the trailing 10-year period	0.30
Correlation (All Time) Calculated using the full available price history since Oct 25, 2007	0.35

Over the past year, the correlation between INTU and ULTA has dropped to 0.06 - well below their long-term average of 0.35, suggesting their price drivers have been diverging.

Fundamentals

Market Cap INTU : $84.32B ULTA : $20.35B
EPS INTU : $16.37 ULTA : $26.57
PE Ratio INTU : 18.66 ULTA : 17.42
PEG Ratio INTU : 1.12 ULTA : 1.73
PS Ratio INTU : 4.09 ULTA : 1.63
PB Ratio INTU : 4.09 ULTA : 7.88
Total Revenue (TTM) INTU : $20.93B ULTA : $12.71B
Gross Profit (TTM) INTU : $16.97B ULTA : $5.00B
EBITDA (TTM) INTU : $6.65B ULTA : $1.81B

Return for Risk

INTU vs. ULTA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

INTU

INTU Risk / Return Rank: 2
INTU Sharpe Ratio Rank: 1
INTU Sortino Ratio Rank: 2
INTU Omega Ratio Rank: 2
INTU Calmar Ratio Rank: 3
INTU Martin Ratio Rank: 2

ULTA

ULTA Risk / Return Rank: 39
ULTA Sharpe Ratio Rank: 41
ULTA Sortino Ratio Rank: 36
ULTA Omega Ratio Rank: 36
ULTA Calmar Ratio Rank: 42
ULTA Martin Ratio Rank: 41

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

INTU vs. ULTA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Intuit Inc. (INTU) and Ulta Beauty, Inc. (ULTA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	INTU	ULTA	Difference
Sharpe ratio: Return per unit of total volatility	-1.37	-0.02	-1.35
Sortino ratio: Return per unit of downside risk	-2.20	0.21	-2.41
Omega ratio: Gain probability vs. loss probability	0.71	1.03	-0.32
Calmar ratio: Return relative to maximum drawdown	-0.96	-0.02	-0.94
Martin ratio: Return relative to average drawdown	-1.83	-0.05	-1.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

INTU vs. ULTA - Sharpe Ratio Comparison

The current INTU Sharpe Ratio is -1.37, which is lower than the ULTA Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of INTU and ULTA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	INTU	ULTA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.37	-0.02	-1.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.20	0.20	-0.40
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	0.18	+0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.35	0.00

Drawdowns

INTU vs. ULTA - Drawdown Comparison

The maximum INTU drawdown since its inception was -75.29%, smaller than the maximum ULTA drawdown of -87.89%. Use the drawdown chart below to compare losses from any high point for INTU and ULTA.

Drawdown Indicators

	INTU	ULTA	Difference
Max Drawdown Largest peak-to-trough decline	-75.29%	-87.89%	+12.60%
Max Drawdown (1Y) Largest decline over 1 year	-63.00%	-34.56%	-28.44%
Max Drawdown (3Y) Largest decline over 3 years	-63.00%	-44.56%	-18.44%
Max Drawdown (5Y) Largest decline over 5 years	-63.00%	-44.56%	-18.44%
Max Drawdown (10Y) Largest decline over 10 years	-63.00%	-64.92%	+1.92%
Current Drawdown Current decline from peak	-61.90%	-34.52%	-27.38%
Average Drawdown Average peak-to-trough decline	-24.12%	-20.80%	-3.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	32.93%	13.51%	+19.42%

Volatility

INTU vs. ULTA - Volatility Comparison

Intuit Inc. (INTU) has a higher volatility of 28.43% compared to Ulta Beauty, Inc. (ULTA) at 9.07%. This indicates that INTU's price experiences larger fluctuations and is considered to be riskier than ULTA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INTU	ULTA	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.43%	9.07%	+19.36%
Volatility (6M) Calculated over the trailing 6-month period	42.39%	27.67%	+14.72%
Volatility (1Y) Calculated over the trailing 1-year period	44.21%	33.25%	+10.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.47%	34.25%	+3.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.95%	38.32%	-4.37%

Dividends

INTU vs. ULTA - Dividend Comparison

INTU's dividend yield for the trailing twelve months is around 1.52%, while ULTA has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
INTU Intuit Inc.	1.52%	0.65%	0.60%	0.52%	0.72%	0.38%	0.57%	0.74%	0.83%	0.89%	1.08%	1.09%
ULTA Ulta Beauty, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

INTU vs. ULTA - Profitability Comparison

The chart below illustrates the profitability comparison between Intuit Inc. and Ulta Beauty, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

INTU - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Intuit Inc. reported a gross profit of 7.24B and revenue of 8.56B. Therefore, the gross margin over that period was 84.6%.

ULTA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ulta Beauty, Inc. reported a gross profit of 1.27B and revenue of 3.16B. Therefore, the gross margin over that period was 40.1%.

INTU - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Intuit Inc. reported an operating income of 4.02B and revenue of 8.56B, resulting in an operating margin of 47.0%.

ULTA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ulta Beauty, Inc. reported an operating income of 448.26M and revenue of 3.16B, resulting in an operating margin of 14.2%.

INTU - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Intuit Inc. reported a net income of 3.06B and revenue of 8.56B, resulting in a net margin of 35.8%.

ULTA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ulta Beauty, Inc. reported a net income of 340.47M and revenue of 3.16B, resulting in a net margin of 10.8%.

Frequently Asked Questions

Can I hold both INTU and ULTA in my portfolio?

INTU and ULTA have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, INTU or ULTA?

INTU has higher volatility (28.43%) compared to ULTA (9.07%). In terms of maximum drawdown, INTU dropped -75.29% vs ULTA's -87.89%.

Which has better risk-adjusted returns?

ULTA currently has the higher Sharpe Ratio (-0.02 vs -1.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.