The Estée Lauder Companies Inc. manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. The company offers skin care products, including moisturizers, serums, cleansers, toners, eye care, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as foundations, powders, concealers and setting sprays, lipsticks, lip liners and lip glosses, mascaras, and eyeshadows and eyeliners, as well as compacts, brushes, and other makeup tools. It also provides fragrance products in various forms comprising parfum, eau de parfum, eau de toilette, eau de cologne, and body spray, as well as lotions, creams, powders, candles and soaps; and hair care products, including shampoos, conditioners, styling products, treatment, finishing sprays, and hair colour products, as well as sells ancillary products and services. The company offers its products under the La Mer, Jo Malone London, TOM FORD, AERIN Beauty, Le Labo, Editions de Parfums Frédéric Malle, KILIAN PARIS, BALMAIN Beauty, Estée Lauder, Clinique, M·A·C, The Ordinary, Aveda, Bobbi Brown Cosmetics, Too Faced, Dr.Jart+, Bumble and bumble, Editions de Parfums Frédéric Malle, Smashbox, Darphin Paris, Lab Series, NIOD, Aramis, and GLAMGLOW brands. It sells its products through department stores, duty-free retailers, specialty multi retailers, online pure players, upscale perfumeries and pharmacies, and top-tier salons and spas, as well as direct-to-consumer businesses across freestanding stores, and brand websites and third-party online platforms. The Estée Lauder Companies Inc. was founded in 1946 and is headquartered in New York, New York.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $14.3B | $146M | $-1.1B | $670M | -29.3% | -8.2% | -390.5% |
| 2024 | $15.6B | $2.0B | $390M | $1.4B | 7.3% | -1.9% | -61.2% |
| 2023 | $15.9B | $2.4B | $1.0B | $-1.6B | 18.0% | -10.3% | -57.9% |
| 2022 | $17.7B | $3.9B | $2.4B | $2.0B | 42.8% | - | - |
| 2021 |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 17,737 | 15,910 | 15,608 | 14,326 |
| Operating Revenue | - | 17,737 | 15,910 | 15,608 | 14,326 |
| Cost Of Revenue | - | 4,305 | 4,564 | 4,424 | 3,729 |
| Gross Profit | - | 13,432 | 11,346 | 11,184 | 10,597 |
| Operating Expense | - | 9,888 | 9,575 | 9,621 | 9,456 |
| Selling General And Administration | - | 9,888 | 9,575 | 9,621 | 9,456 |
| Total Expenses | - | 14,193 | 14,139 | 14,045 | 13,185 |
| Operating Income | - | 3,544 | 1,771 | 1,563 | 1,141 |
| Total Operating Income As Reported | - | 3,170 | 1,509 | 970 | -785 |
| EBITDA | - | 3,930 | 2,396 | 1,975 | 146 |
| Normalized EBITDA | - | 4,304 | 2,658 | 2,568 | 2,072 |
| EBIT | - | 3,203 | 1,652 | 1,150 | -683 |
| Interest Income | - | 30 | 131 | 167 | 114 |
| Interest Expense | - | 167 | 255 | 378 | 357 |
| Net Interest Income | - | -137 | -124 | -211 | -243 |
| Other Non Operating Income Expenses | - | 3 | 12 | 13 | -12 |
| Other Income Expense | - | -371 | -250 | -580 | -1,938 |
| Interest Income Non Operating | - | 30 | 131 | 167 | 114 |
| Interest Expense Non Operating | - | 167 | 255 | 378 | 357 |
| Net Non Operating Interest Income Expense | - | -137 | -124 | -211 | -243 |
| Pretax Income | - | 3,036 | 1,397 | 772 | -1,040 |
| Tax Provision | - | 628 | 387 | 363 | 93 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -77.36 | -72.57 | -124.53 | -404.46 |
| Net Income Continuous Operations | - | 2,408 | 1,010 | 409 | -1,133 |
| Net Income From Continuing And Discontinued Operation | - | 2,390 | 1,006 | 390 | -1,133 |
| Net Income From Continuing Operation Net Minority Interest | - | 2,390 | 1,006 | 390 | -1,133 |
| Net Income | - | 2,390 | 1,006 | 390 | -1,133 |
| Net Income Common Stockholders | - | 2,390 | 1,006 | 390 | -1,133 |
| Net Income Including Noncontrolling Interests | - | 2,408 | 1,010 | 409 | -1,133 |
| Normalized Income | - | 2,686.64 | 1,195.43 | 858.47 | 388.54 |
| Diluted NI Availto Com Stockholders | - | 2,390 | 1,006 | 390 | -1,133 |
| Basic Average Shares | - | 360 | 357.90 | 359 | 360.10 |
| Diluted Average Shares | - | 364.90 | 360.90 | 360.80 | 360.10 |
| Reconciled Depreciation | - | 727 | 744 | 825 | 829 |
| Reconciled Cost Of Revenue | - | 4,305 | 4,564 | 4,424 | 3,729 |
| Total Unusual Items | - | -374 | -262 | -593 | -1,926 |
| Total Unusual Items Excluding Goodwill | - | -374 | -262 | -593 | -1,926 |
| Minority Interests | - | -18 | -4 | -19 | 0 |
| Special Income Charges | - | -374 | -262 | -593 | -1,926 |
| Other Special Charges | - | - | - | - | 159 |
| Impairment Of Capital Assets | - | 241 | 207 | 471 | 1,286 |
| Restructuring And Mergern Acquisition | - | 133 | 55 | 122 | 481 |
Consumer Defensive sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| The Estée Lauder Companies Inc.this co. | EL | $30.0B | - | 7.76 | -29.3% | 250.27 |
| The Hershey Company | HSY | $37.1B | 41.96 | 7.99 | 19.0% | 21.55 |
| Sysco Corporation | SYY | $35.6B | 19.45 | 19.43 | 99.9% | 11.84 |
| Kenvue Inc. | KVUE | $32.4B | 22.05 | 3.01 | 13.7% | 13.40 |
| Kimberly-Clark Corporation | KMB | $31.4B |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 15.52 |
| 20.88 |
| 134.6% |
| 12.17 |
| The Kraft Heinz Company | KHC | $26.6B | -4.56 | 0.64 | -14.0% | -12.82 |
| Bunge Global SA | BG | $25.1B | 30.77 | 1.58 | 5.1% | 16.16 |
| Constellation Brands, Inc. | STZ | $23.7B | 14.07 | 2.94 | 20.9% | 11.03 |
| Dollar General Corporation | DG | $22.8B | 15.10 | 2.68 | 17.8% | 11.54 |
| Peer Median | - | 17.48 | 2.97 | 18.4% | 12.00 | |