The Estée Lauder Companies Inc. (EL) — Financial statements
Income statement, balance sheet, and cash flow for The Estée Lauder Companies Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 14,288↓8.5% | 15,608↓1.9% | 15,910↓10.3% | 17,737↑9.4% | 16,215 | |
| Cost of Revenue | 3,730↓15.7% | 4,424↓3.1% | 4,564↑6.0% | 4,305↑12.3% | 3,834 | |
| Gross Profit | 10,558↓5.6% | 11,184↓1.4% | 11,346↓15.5% | 13,432↑8.5% | 12,381 | |
| Operating Expenses | ||||||
| R&D Expenses | 316 | 0.00 | 0.00 | 0.00↓100.0% | 243 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00↓100.0% | 9,888 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 9,284↓3.5% | 9,621↑0.5% | 9,575↓3.2% | 9,888↑5.5% | 9,371 | |
| Other Expenses | 0.00↓100.0% | 593↑126.3% | 262↓29.9% | 374↑151.0% | 149 | |
| Operating Expenses | 9,600↓6.0% | 10,214↑3.8% | 9,837↓4.1% | 10,262↑5.1% | 9,763 | |
| Total Costs & Expenses | 13,330↓8.9% | 14,638↑1.6% | 14,401↓1.1% | 14,567↑7.1% | 13,597 | |
| Operating Results | ||||||
| Operating Income | 958↓1.2% | 970↓35.7% | 1,509↓52.4% | 3,170↑21.1% | 2,618 | |
| Depreciation & Amortization | 829↑0.5% | 825↑10.9% | 744↑2.3% | 727↑11.7% | 651 | |
| EBITDA | 193↓90.2% | 1,975↓17.6% | 2,396↓39.0% | 3,930↓5.4% | 4,155 | |
| EBIT | -636↓155.3% | 1,150↓30.4% | 1,652↓48.4% | 3,203↓8.6% | 3,504 | |
| Interest & Other Income | ||||||
| Net Interest Income | -290↓37.4% | -211↓70.2% | -124↑9.5% | -137↓12.3% | -122 | |
| Interest Income | 114↓31.7% | 167↑27.5% | 131↑336.7% | 30↓41.2% | 51 | |
| Interest Expense | 404↑6.9% | 378↑48.2% | 255↑52.7% | 167↓3.5% | 173 | |
| Non-Operating Income | 1,594↑985.6% | -180↓25.9% | -143↓333.3% | -33↑96.3% | -886 | |
| Other Income / Expenses | -1,998↓909.1% | -198↓76.8% | -112↑16.4% | -134↓118.8% | 713 | |
| Income Before Tax | -1,040↓234.7% | 772↓44.7% | 1,397↓54.0% | 3,036↓8.9% | 3,331 | |
| Income Tax Expense | 93↓74.4% | 363↓6.2% | 387↓38.4% | 628↑37.7% | 456 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -1,133↓377.0% | 409↓59.5% | 1,010↓58.1% | 2,408↓16.2% | 2,875 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -1,133↓390.5% | 390↓61.2% | 1,006↓57.9% | 2,390↓16.7% | 2,870 | |
| Bottom-Line Net Income | -1,133↓390.5% | 390↓61.2% | 1,006↓57.9% | 2,390↓16.7% | 2,870 | |
| EPS (Basic) | -3.15↓389.0% | 1.09↓61.2% | 2.81↓57.7% | 6.64↓16.1% | 7.91 | |
| EPS (Diluted) | -3.15↓391.7% | 1.08↓61.3% | 2.79↓57.4% | 6.55↓15.9% | 7.79 | |
| Weighted Average Shares | 360↑0.3% | 359↑0.3% | 358↓0.6% | 360↓0.8% | 363 | |
| Weighted Average Diluted Shares | 360↓0.2% | 361↓0.0% | 361↓1.1% | 365↓0.9% | 368 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.