ESTEE LAUDER COMPANIES INC (EL) Income statement

Market cap

$28B

P/E ratio

135.7x

	2011/06	2012/06	2013/06	2014/06	2015/06	2016/06	2017/06	2018/06	2019/06	2020/06	2021/06	2022/06	2023/06	2024/06	2025/06
Revenue	8,810	9,714	10,182	10,969	10,780	11,262	11,824	13,683	14,863	14,294	16,215	17,737	15,910	15,608	14,326
Revenue growth (%)	-
Cost of revenue	1,937	1,996	2,026	2,158	2,101	2,181	2,437	2,844	3,387	3,552	3,834	4,305	4,564	4,424	3,729
Gross profit	6,873	7,718	8,156	8,811	8,680	9,081	9,387	10,839	11,476	10,742	12,381	13,432	11,346	11,184	10,597
Gross margin (%)
Selling, general & administrative	5,697	6,325	6,597	6,986	7,074	7,338	7,469	8,556	8,857	8,637	9,371	9,888	9,575	9,621	9,456
Operating margin (%)
Operating expenses	5,784	6,406	6,630	6,983	7,074	7,471	7,695	8,787	9,163	10,136	9,763	10,262	9,837	10,214	11,382
Operating income	1,089	1,312	1,526	1,828	1,606	1,610	1,692	2,052	2,313	606	2,618	3,170	1,509	970	-785
Income before tax	1,026	1,261	1,475	1,777	1,561	1,555	1,617	1,980	2,307	1,046	3,331	3,036	1,397	772	-1,040
Pretax margin (%)	11.6	13	14.5	16.2	14.5	13.8	13.7	14.5	15.5	7.3	20.5	17.1	8.8	4.9	-7.3
Provision for income taxes	322	401	451	568	467	434	361	863	513	350	456	628	387	363	93
Effective tax rate (%)
Net income	704	861	1,024	1,209	1,093	1,121	1,256	1,117	1,794	696	2,875	2,408	1,010	409	-1,133
Net income margin (%)
Earnings per share	3.56	2.2	2.63	3.12	2.87	3.01	3.4	3.01	4.91	1.9	7.91	6.64	2.81	1.09	-3.15
Diluted EPS	3.48	2.16	2.58	3.06	2.82	2.96	3.35	2.95	4.82	1.86	7.79	6.55	2.79	1.08	-3.15
Dividend payout ratio (%)
Dividend per share	0.75	0.53	1.08	0.78	0.92	1.14	1.32	1.48	1.67	1.39	2.07	2.33	2.58	2.64	1.71
EBITDA
EBITDA margin (%)