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The Estee Lauder Companies Inc.

EL Consumer Defensive Household & Personal Products

The Estee Lauder Companies Inc.’s revenue for fiscal 2026 (year ended June 2026) was $15.0 billion, up 5.05% from fiscal 2025.

Revenue
+6.72%
EPS
+393.3%
Free cash flow
+46.1%
Total debt
−0.98%

Quarter to September 2026, against a year earlier

108.45 3.59 −3.20%
Market cap
$39.0B
P/E
106×
Fwd P/E
37.4×
Dividend yield
1.29%
F-score
7/9
Altman Z
2.85
Beneish M
−2.90
Dividend safety
37/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Revenue by regions Fiscal 2026

  • All other countries
  • Mainland China
  • U.S.

Every year since 2023 →

Insider Decisions last twelve months

Sold, $m 11.78
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — 2 2 — —
Insider Ownership 31.89%

Capital & Financial Ratios $m

Size
Market Cap 39,000.00
Revenue ttm 15,283.00
Net income ttm 368.00
Free cash flow ttm 1,527.00
Net debt Q 4,053.00
Valuation
P/E 106.19 (above 35: high)
Forward P/E 37.40 (above 35: high)
Price / sales 2.58
Forward P/S Powerpack
Price / FCF 25.80
Price / book 9.76 (above 6: high)
Financial health
Current ratio Q 1.25
Debt / equity Q 1.80
Interest coverage Q 4.92
Growth
Revenue growth Q +6.72% (above 0%: growing)
Operating income growth Q +141.42% (above 0%: growing)
EPS, this year +39.04% (at or above 15%: strong)
EPS, next year A +18.64% (at or above 15%: strong)
Revenue, next year A +16.17% (at or above 10%: strong)
EPS, past 5 yrs −42.26% (below 0%: weak)
EPS, next 5 yrs A +23.68% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 2.8×, against a ten-year median of 3.8×; over the ten years it ranged from 1.8× in 2025 to 7.7× in 2021.
P/E against its own 10 years 86.83%
10-year low 10-year high
P/S against its own 10 years 21.53%
10-year low 10-year high
P/B against its own 10 years 44.70%
10-year low 10-year high
EV/Sales against its own 10 years 21.89%
10-year low 10-year high
EV/FCF against its own 10 years 28.42%
10-year low 10-year high

Dividends

Yield
1.29%
Annual rate
1.40
Payout ratio
140.5%
Growth, 2017–25
0.00%/yr
  1. 1.40 ’17
  2. 1.57 ’18 +12
  3. 1.77 ’19 +13
  4. 1.49 ’20 −16
  5. 2.19 ’21 +47
  6. 2.46 ’22 +12
  7. 2.64 ’23 +7
  8. 2.33 ’24 −12
  9. 1.40 ’25 −40
  10. 1.62 ’26e +15
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 3,395 2,921 3,498 3,198
Receivables 1,727 1,530 1,518 1,914
Inventory 2,175 2,074 1,999 2,147
Other — — — —
7,922 7,069 7,612 7,824
2024 2025 2026 Q'26
Payables 1,440 1,497 1,578 1,472
ST’ Debt 504 3 503 503
Other — — — —
5,702 5,435 6,231 6,255

Compound Annual Growth %

10y 5y 3y
Sales 2.94% (1.48%) (1.84%)
Cash Flow (0.09%) (13.36%) 0.80%
Earnings (16.58%) (42.40%) (43.44%)
Book Value 0.59% (8.98%) (12.00%)

Earnings Trends EPS, adjusted, against the consensus

Q1 FY27 Estimate 0.52 Actual 0.72

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q2 FY26 0.84 0.89 Beat by 0.05
Q3 FY26 0.66 0.91 Beat by 0.25
Q4 FY26 0.32 0.39 Beat by 0.07
Q1 FY27 0.52 0.72 Beat by 0.20
Q2 FY27 1.21 — Reports 4 February 2027

EPS $

Sep Dec Mar Jun Year
’26 0.64 — — — —
’26 0.13 0.44 0.24 (0.32) 0.50
’25 (0.43) (1.64) 0.44 (1.51) (3.15)
’24 0.09 0.87 0.91 (0.79) 1.08
’23 1.35 1.09 0.43 (0.09) 2.79
’22 1.88 2.97 1.53 0.14 6.55
’21 1.42 2.37 1.24 2.76 7.79
Fiscal quarters ending in the months shown.

Revenue $m

Sep Dec Mar Jun Year
’26 3,715 — — — —
’26 3,481 4,229 3,712 3,627 15,049
’25 3,361 4,004 3,550 3,411 14,326
’24 3,518 4,279 3,940 3,871 15,608
’23 3,930 4,620 3,751 3,609 15,910
’22 4,392 5,539 4,245 3,561 17,737
’21 3,562 4,853 3,864 3,936 16,215
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Sep Dec Mar Jun Year
’26 (166) — — — —
’26 (340) 1,125 412 576 1,773
’25 (670) 1,057 284 601 1,272
’24 (408) 1,345 534 889 2,360
’23 (650) 1,401 266 714 1,731
’22 (81) 1,927 123 1,071 3,040
’21 358 1,620 799 854 3,631
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Sep Dec Mar Jun Year
’26 (235) — — — —
’26 (436) 1,027 310 425 1,326
’25 (811) 925 165 394 673
’24 (703) 1,113 359 672 1,441
’23 (802) 1,134 25 (1,915) (1,558)
’22 (286) 1,673 (76) 689 2,000
’21 242 1,486 663 603 2,994
Fiscal quarters ending in the months shown.

Valuation

The price implies free cash flow after share-based pay growing 13.2% a year for ten years. It grew −4.8% a year over the last ten.

Implied
13.2%
10 years, reported
−4.8%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

2.2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to June

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 TTM Sep ’26 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 11,824 13,683 14,863 14,294 16,215 17,737 15,910 15,608 14,326 15,049 15,283 +2.7% 17,482 18,230 19,133 +8.3%
Gross margin, % 79.41 79.22 77.21 75.15 76.36 75.73 71.31 71.66 73.97 75.50 76.04 (3.9) pt
EBT 1,617 1,980 2,307 1,046 3,331 3,036 1,397 772 (1,040) 517 753 (11.9%)
EBT margin, % 13.68 14.47 15.52 7.32 20.54 17.12 8.78 4.95 (7.26) 3.44 4.93 (10.2) pt
Net income 1,256 1,117 1,794 696 2,875 2,408 1,010 409 (1,133) 182 368 (19.3%)
Per share, $
Per share, $ Revenue 32.21 37.18 40.89 39.64 44.68 49.27 44.45 43.48 39.78 41.54 42.07 +2.9%
Earnings 3.40 3.01 4.91 1.90 7.91 6.64 2.81 1.09 (3.15) 0.50 1.02 (19.2%)
Cash flow 4.88 6.96 6.92 6.32 10.01 8.44 4.84 6.57 3.53 4.89 5.36 0.0%
Capex (1.34) (1.71) (2.04) (1.73) (1.76) (2.89) (9.19) (2.56) (1.66) (1.23) (1.16) (0.9%)
Free cash flow 3.54 5.25 4.88 4.60 8.25 5.56 (4.35) 4.01 1.87 3.66 4.20 +0.4%
Book value 11.99 12.80 12.13 10.99 16.78 15.53 15.60 14.80 10.73 10.51 11.11 (1.5%)
Shares, m 367 368 364 361 363 360 358 359 360 362 363 (0.1%)
Valuation, ×
Valuation, × P/E 28.23 47.42 37.19 99.31 40.26 38.41 69.64 96.68 0.00 154.80 106.19 61.2
P/S 2.98 3.84 4.46 4.76 7.12 5.17 4.42 2.42 2.03 1.90 2.58 3.9
P/B 8.00 11.15 15.02 17.17 18.95 16.40 12.58 7.12 7.53 7.52 9.76 12.1
EV/Sales 3.13 3.90 4.49 4.84 7.16 5.25 4.67 2.70 2.34 2.15 2.84 4.1
EV/FCF 28.56 27.60 37.56 41.73 38.76 46.57 102.16 29.29 49.77 24.44 28.46 42.6
Cash, $m
Cash, $m Operating cash flow 1,790 2,562 2,517 2,280 3,631 3,040 1,731 2,360 1,272 1,773 1,947 (0.1%)
Capex (492) (629) (742) (623) (637) (1,040) (3,289) (919) (599) (447) (420) (1.1%)
Free cash flow 1,298 1,933 1,775 1,657 2,994 2,000 (1,558) 1,441 673 1,326 1,527 +0.2%
Balance, $m
Balance, $m Working capital 2,141 2,858 2,607 3,713 4,470 3,483 2,899 2,220 1,634 1,381 1,569 (4.8%)
Net debt 1,831 829 425 1,114 611 1,455 4,085 4,376 4,396 3,808 4,053 +8.5%
Shareholders’ equity 4,402 4,710 4,411 3,962 6,091 5,590 5,585 5,314 3,865 3,806 4,038 (1.6%)
Returns, %
Returns, % ROA 12.01 9.18 13.88 4.42 14.44 11.15 4.54 1.73 (5.45) 0.92 1.87 (11.1) pt
ROIC 17.09 23.19 29.89 7.46 24.41 28.12 9.75 6.26 (5.94) 6.40 7.87 (10.7) pt
ROE 31.27 24.32 39.14 16.34 57.10 40.92 18.00 7.16 (24.69) 4.75 9.28 (26.5) pt
People
People Employees 46,000 46,000 48,000 48,000 62,000 63,000 62,000 62,000 57,000 55,000 — +2.0%
Revenue/emp, $m 0.26 0.30 0.31 0.30 0.26 0.28 0.26 0.25 0.25 0.27 — +0.7%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Jun 2026 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Business profile

Updated

The Estée Lauder Companies makes, markets and sells skin care, makeup, fragrance and hair care products. It manages luxury and prestige brands, including Estée Lauder, Clinique, M·A·C, La Mer, Jo Malone London, TOM FORD and The Ordinary. Its products reach consumers across many countries and territories.

“Prestige” refers to the segment of beauty in which the company positions its products across a range of price points, including luxury. Its skin care products include moisturizers, serums and cleansers; makeup ranges from foundations to lip and eye products. Fragrances include perfumes and scented body products, while hair care includes shampoos, conditioners and styling products.

Where the money comes from and where it goes Fiscal 2026

Fiscal 2026: revenue by regions, and margins
All other countries 7,370 48.97%
Mainland China 3,930 26.11%
U.S. 3,749 24.91%
Gross margin 75.50%
Operating margin 5.18%
Pre-tax margin 3.44%

Revenue by segment since 2023

The Estee Lauder Companies Inc. vs peers in Household & Personal Products (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
PG Procter & Gamble Company (The) $387.3B 24.7× 23.6× +3.98% (above 0%: growing) 0.00% +5.03% (above 0%: growing) 49.83% 25.51% Compare
UL Unilever PLC $145.9B 11.4× — +8.58% (above 0%: growing) +8.84% (above 0%: growing) −19.66% (below 0%: shrinking) 0.00% 0.00% Compare
CL Colgate-Palmolive Company $78.5B 37.8× 26.3× +4.64% (above 0%: growing) +7.42% (above 0%: growing) −6.24% (below 0%: shrinking) 60.22% 20.26% Compare
KMB Kimberly-Clark Corporation $67.8B 18.8× 16.9× +0.62% (above 0%: growing) −32.03% (below 0%: shrinking) −4.79% (below 0%: shrinking) 38.27% 15.11% Compare
EL The Estee Lauder Companies Inc. $39.0B 106× 37.4× +6.72% (above 0%: growing) +393.31% (above 0%: growing) +46.10% (above 0%: growing) 75.72% 10.98%
CHD Church & Dwight Co., Inc. $26.3B 34.1× 28.9× +1.04% (above 0%: growing) +19.33% (above 0%: growing) −16.57% (below 0%: shrinking) 46.78% 18.19% Compare
CLX The Clorox Company $12.1B 17.8× 15.6× +33.31% (above 0%: growing) +118.85% (above 0%: growing) +84.21% (above 0%: growing) 40.42% 13.70% Compare
ELF e.l.f. Beauty $6.5B 76.1× 59.3× +51.43% (above 0%: growing) +920.00% (above 0%: growing) −26.99% (below 0%: shrinking) 71.09% 10.07% Compare
IPAR Interparfums, Inc. $4.3B 25.5× 23.8× −0.02% (below 0%: shrinking) +3.90% (above 0%: growing) −6.15% (below 0%: shrinking) 67.10% 27.44% Compare
Median of peers $47.0B 25.1× 23.8× +4.31% +8.13% −6.19% 48.31% 16.65%

All 30 Household & Personal Products stocks →

From the latest earnings call

Updated

  • CEO Stéphane de la Faverie said innovation contributed 29% of first-quarter sales and expects its contribution to soften in the second half.
  • CFO Akhil Shrivastava said Estée Lauder increased consumer-facing investment while reducing other expenses and expects most restructuring benefits by the end of fiscal 2027.

Analyst rating changes each firm’s latest, last six months

Firm Date Action Rating Target
JPMorgan Nov 5, 2026 Target raised Outperform 120.00
Citi Nov 5, 2026 Target raised Buy 121.00
Morgan Stanley Nov 4, 2026 Target raised Hold 112.00 → 118.00
Bank of America Nov 4, 2026 Target raised Buy 120.00 → 126.00
RBC Nov 4, 2026 Target raised Outperform 120.00 → 126.00
Barclays Nov 4, 2026 Target raised Outperform 108.00 → 126.00

Largest institutional holders 13F, quarter to 30 June 2026

Held by institutions 63.38%
Held by the ten largest 35.30%
Holder Shares Stake Change
Vanguard 31.17m 8.62% +379.68k
Bank of America 21.25m 5.87% +7.41m
BlackRock 20.83m 5.76% +2.28m
State Street 11.54m 3.19% −250.69k
Fidelity (FMR) 10.65m 2.94% −7.47m
EAGLE CAPITAL MANAGEMENT LLC 9.01m 2.49% +1.08m
Geode Capital Management 6.66m 1.84% +8.54k
Invesco 5.86m 1.62% +649.56k
BNY 5.82m 1.61% −973.59k
Independent Franchise Partners LLP 4.94m 1.37% −1.69m
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.

Pay and ownership Proxy statement filed 30 September 2026

Ownership

Directors and executive officers, together 29.00% of the votes
LAL Family Corporation 49.80% of the votes
Aerin Lauder 13.70% of the votes
Eric L. Zinterhofer 13.70% of the votes
Jane Lauder 12.50% of the votes
William P. Lauder 6.10% of the votes
BlackRock, Inc. 1.30% of the votes
Managed Account Advisors LLC 1.30% of the votes
Vanguard Portfolio Management 0.90% of the votes
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

The Estee Lauder Companies Inc. (EL) Latest News

5 Nov

Impact 3 · · Benzinga
Impact 3 · · Zacks

4 Nov

Impact 3 · · MarketBeat
Impact 3 · · Stocktwits
Impact 3 · · InvestorsHub
Impact 3 · · Business Wire

2 Nov

Impact 4 · · Business Wire
Impact 3 · · Moby
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Impact 3 · · GuruFocus.com
Impact 3 · · The Motley Fool transcript
Impact 3 · · The Motley Fool
Impact 3 · · MarketBeat
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Impact 3 · · MT Newswires
Impact 3 · · Proactive Investors
Impact 3 · · InvestorsHub
Impact 3 · · Investing.com
Impact 3 · · wwd.com
Impact 3 · · StockStory

29 Oct

Impact 3 · · MT Newswires

28 Oct

Impact 3 · · Simply Wall St.
Impact 3 · · Zacks
Impact 3 · · Simply Wall St.
Impact 3 · · Trefis

27 Oct

Impact 4 · · Zacks

26 Oct

Impact 4 · · MT Newswires
Impact 4 · · Zacks
Impact 3 · · StockStory
Impact 3 · · Trefis

EL metrics, ten years each

stockrow.com/EL · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com