LRN vs. ULTA
LRN (Stride, Inc.) and ULTA (Ulta Beauty, Inc.) are both stocks. LRN operates in Education & Training Services (Consumer Defensive), while ULTA operates in Specialty Retail (Consumer Cyclical). Over the past 10 years, LRN returned 23.80%/yr vs 7.00%/yr for ULTA. At a 0.20 correlation, their price movements are largely independent.
Performance
LRN vs. ULTA - Performance Comparison
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Returns By Period
In the year-to-date period, LRN achieves a 50.49% return, which is significantly higher than ULTA's -22.69% return. Over the past 10 years, LRN has outperformed ULTA with an annualized return of 23.80%, while ULTA has yielded a comparatively lower 7.00% annualized return.
LRN
- 1D
- -1.77%
- 1M
- 10.67%
- YTD
- 50.49%
- 6M
- 51.49%
- 1Y
- -31.79%
- 3Y*
- 33.90%
- 5Y*
- 26.27%
- 10Y*
- 23.80%
ULTA
- 1D
- -1.82%
- 1M
- -5.37%
- YTD
- -22.69%
- 6M
- -22.25%
- 1Y
- 1.87%
- 3Y*
- 1.77%
- 5Y*
- 6.68%
- 10Y*
- 7.00%
LRN vs. ULTA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LRN Stride, Inc. | 50.49% | -37.53% | 75.05% | 89.80% | -6.15% | 56.99% | 4.32% | -17.91% | 55.91% | -7.34% |
ULTA Ulta Beauty, Inc. | -22.69% | 39.11% | -11.24% | 4.46% | 13.76% | 43.59% | 13.44% | 3.39% | 9.47% | -12.27% |
Correlation
The correlation between LRN and ULTA is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 2007 | 0.20 |
The correlation between LRN and ULTA shifts across timeframes, from 0.10 (3 years) to 0.20 (all time), reflecting how their relationship changes across market environments.
Fundamentals
LRN:
$4.65B
ULTA:
$20.56B
LRN:
$9.68
ULTA:
$26.57
LRN:
10.10
ULTA:
17.60
LRN:
0.25
ULTA:
1.75
LRN:
1.86
ULTA:
1.65
LRN:
2.83
ULTA:
7.97
LRN:
$2.54B
ULTA:
$12.71B
LRN:
$972.24M
ULTA:
$5.00B
LRN:
$424.60M
ULTA:
$1.81B
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Return for Risk
LRN vs. ULTA — Risk / Return Rank
LRN
ULTA
LRN vs. ULTA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Stride, Inc. (LRN) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LRN | ULTA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.04 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.49 | 0.03 | -0.52 |
| Martin ratioReturn relative to average drawdown | -0.74 | 0.08 | -0.82 |
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Drawdowns
LRN vs. ULTA - Drawdown Comparison
The maximum LRN drawdown since its inception was -81.41%, smaller than the maximum ULTA drawdown of -87.89%. Use the drawdown chart below to compare losses from any high point for LRN and ULTA.
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Drawdown Indicators
| LRN | ULTA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.41% | -87.89% | +6.48% |
Max Drawdown (1Y)Largest decline over 1 year | -64.07% | -34.56% | -29.51% |
Max Drawdown (3Y)Largest decline over 3 years | -64.07% | -44.56% | -19.51% |
Max Drawdown (5Y)Largest decline over 5 years | -64.07% | -44.56% | -19.51% |
Max Drawdown (10Y)Largest decline over 10 years | -64.07% | -64.92% | +0.85% |
Current DrawdownCurrent decline from peak | -42.46% | -33.82% | -8.64% |
Average DrawdownAverage peak-to-trough decline | -36.27% | -20.81% | -15.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 42.11% | 14.13% | +27.98% |
Volatility
LRN vs. ULTA - Volatility Comparison
The current volatility for Stride, Inc. (LRN) is 8.21%, while Ulta Beauty, Inc. (ULTA) has a volatility of 9.69%. This indicates that LRN experiences smaller price fluctuations and is considered to be less risky than ULTA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LRN | ULTA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.21% | 9.69% | -1.48% |
Volatility (6M)Calculated over the trailing 6-month period | 24.17% | 25.04% | -0.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.70% | 33.39% | +33.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.40% | 34.26% | +17.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.22% | 38.32% | +10.90% |
Dividends
LRN vs. ULTA - Dividend Comparison
Neither LRN nor ULTA has paid dividends to shareholders.
Financials
LRN vs. ULTA - Financials Comparison
This section allows you to compare key financial metrics between Stride, Inc. and Ulta Beauty, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
LRN vs. ULTA - Profitability Comparison
LRN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Stride, Inc. reported a gross profit of 231.56M and revenue of 629.87M. Therefore, the gross margin over that period was 36.8%.
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%.
LRN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Stride, Inc. reported an operating income of 129.08M and revenue of 629.87M, resulting in an operating margin of 20.5%.
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%.
LRN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Stride, Inc. reported a net income of 248.49M and revenue of 629.87M, resulting in a net margin of 39.5%.
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
LRN and ULTA have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ULTA has higher volatility (9.69%) compared to LRN (8.21%). In terms of maximum drawdown, LRN dropped -81.41% vs ULTA's -87.89%.
ULTA currently has the higher Sharpe Ratio (0.03 vs -0.47), 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.
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