General:
* Supreme
* Highest
* Final
* Last
* Absolute
* Perfect
* Ideal
* Greatest
* Chief
* Principal
* Topmost
Specific:
* Fundamental (when referring to a basic principle)
* Definitive (when referring to something definitive)
* Unmatched (when referring to something unbeatable)
* Undisputed (when referring to something not questioned)
Informal:
* Best
* Top
* Number one
The best synonym will depend on the specific meaning and context of the word "ultimate" in your sentence.