← ESTEE LAUDER COMPANIES INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $11.3b | $11.8b | $13.7b | $14.9b | $14.3b | $16.2b | $17.7b | $15.9b | $15.6b | $14.3b | |
| Cost of Revenue | $2.2b | $2.4b | $2.8b | $3.4b | $3.6b | $3.8b | $4.3b | $4.6b | $4.4b | $3.7b | |
| Cost of sales | $2.2b | $2.4b | $2.8b | $3.4b | $3.6b | $3.8b | $4.3b | $4.6b | $4.4b | $3.7b | |
| Gross Profit | $9.1b | $9.4b | $10.8b | $11.5b | $10.7b | $12.4b | $13.4b | $11.3b | $11.2b | $10.6b | |
| Selling, general and administrative | $7.3b | $7.5b | $8.6b | $8.9b | $8.6b | $9.4b | $9.9b | $9.6b | $9.6b | $9.5b | |
| Operating Expenses | $7.5b | $7.7b | $8.8b | $9.2b | $10.1b | $9.8b | $10.3b | $9.8b | $10.2b | $11.4b | |
| Total operating expenses | $7.5b | $7.7b | $8.8b | $9.2b | $10.1b | $9.8b | $10.3b | $9.8b | $10.2b | $11.4b | |
| Operating Income (Loss) | $1.6b | $1.7b | $2.1b | $2.3b | $606.0m | $2.6b | $3.2b | $1.5b | $970.0m | ($785.0m) | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $15.8m | $35.0m | $51.0m | $51.0m | $73.0m | $110.0m | $160.0m | $145.0m | $144.0m | $131.0m | |
| Foreign Currency Transaction Gain (Loss), before Tax | $15.7m | $15.0m | ($95.0m) | $46.0m | $51.0m | ($12.0m) | ($11.0m) | $57.0m | $77.0m | $58.0m | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | — | — | — | — | ($159.0m) | |
| Goodwill, Impairment Loss | — | $28.0m | $0 | $68.0m | $812.0m | $54.0m | $0 | $0 | $291.0m | $13.0m | |
| Restructuring and other charges | $133.1m | $195.0m | $231.0m | $216.0m | $73.0m | $204.0m | $133.0m | $55.0m | $122.0m | $481.0m | |
| Goodwill impairment | — | $28.0m | $0 | $68.0m | $812.0m | $54.0m | $0 | $0 | $291.0m | $13.0m | |
| Impairment of other intangible assets | — | $3.0m | $0 | $22.0m | $614.0m | $134.0m | $241.0m | $207.0m | $180.0m | $1.3b | |
| Talcum litigation settlement agreements | — | — | — | — | — | — | — | $0 | $0 | $159.0m | |
| Operating (loss) income | $1.6b | $1.7b | $2.1b | $2.3b | $606.0m | $2.6b | $3.2b | $1.5b | $970.0m | ($785.0m) | |
| Interest income and investment income, net | $15.6m | $28.0m | $56.0m | $58.0m | $48.0m | $51.0m | $30.0m | $131.0m | $167.0m | $114.0m | |
| (Loss) earnings before income taxes | $1.6b | $1.6b | $2.0b | $2.3b | $1.0b | $3.3b | $3.0b | $1.4b | $772.0m | ($1.0b) | |
| Provision for income taxes | $434.4m | $361.0m | $863.0m | $513.0m | $350.0m | $456.0m | $628.0m | $387.0m | $363.0m | $93.0m | |
| Net (loss) earnings | $1.1b | $1.3b | $1.1b | $1.8b | $696.0m | $2.9b | $2.4b | $1.0b | $409.0m | ($1.1b) | |
| Net earnings attributable to redeemable noncontrolling interest | — | — | — | $0 | $0 | $7.0m | ($11.0m) | ($4.0m) | ($19.0m) | $0 | |
| Net (loss) earnings attributable to The Estée Lauder Companies Inc. | $1.1b | $1.2b | $1.1b | $1.8b | $684.0m | $2.9b | $2.4b | $1.0b | $390.0m | ($1.1b) | |
| Basic (in shares) | $370.0m | $367.1m | $368.0m | $363.5m | $360.6m | $362.9m | $360.0m | $357.9m | $359.0m | $360.1m | |
| Diluted (in shares) | $376.6m | $373.0m | $375.7m | $370.4m | $366.9m | $368.2m | $364.9m | $360.9m | $360.8m | $360.1m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $1.6b | $1.6b | $2.0b | $2.3b | $1.0b | $3.3b | $3.0b | $1.4b | $772.0m | ($1.0b) | |
| Investment Income, Net | $15.6m | $28.0m | $56.0m | $58.0m | $48.0m | $51.0m | $30.0m | $131.0m | $167.0m | $114.0m | |
| Net Income (Loss) Attributable to Parent | $1.1b | $1.2b | $1.1b | $1.8b | $684.0m | $2.9b | $2.4b | $1.0b | $390.0m | ($1.1b) | |
| Net Income (Loss) Available to Common Stockholders, Basic | $1.1b | $1.2b | $1.1b | $1.8b | $684.0m | $2.9b | $2.4b | $1.0b | $390.0m | ($1.1b) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $6.2m | $7.0m | $9.0m | $9.0m | $12.0m | $12.0m | $7.0m | $0 | $0 | — | |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest | $6.2m | $7.0m | $9.0m | $9.0m | $12.0m | $12.0m | $7.0m | $0 | $0 | — | |
| Earnings Per Share, Basic | $3.01 | $3.40 | $3.01 | $4.91 | $1.90 | $7.91 | $6.64 | $2.81 | $1.09 | ($3.15) | |
| Earnings Per Share, Diluted | $2.96 | $3.35 | $2.95 | $4.82 | $1.86 | $7.79 | $6.55 | $2.79 | $1.08 | ($3.15) | |
| Common Stock, Dividends, Per Share, Declared | $1.14 | $1.32 | $1.48 | $1.67 | $1.39 | $2.07 | $2.33 | $2.58 | $2.64 | $1.71 | |
| Weighted Average Number of Shares Outstanding, Basic | 370.0m | 367.1m | 368.0m | 363.5m | 360.6m | 362.9m | 360.0m | 357.9m | 359.0m | 360.1m | |
| Weighted Average Number of Shares Outstanding, Diluted | 376.6m | 373.0m | 375.7m | 370.4m | 366.9m | 368.2m | 364.9m | 360.9m | 360.8m | 360.1m | |
| Selling, General and Administrative Expense | $7.3b | $7.5b | $8.6b | $8.9b | $8.6b | $9.4b | $9.9b | $9.6b | $9.6b | $9.5b | |
| Restructuring and Related Cost, Incurred Cost | $134.7m | $195.0m | $231.0m | $216.0m | $73.0m | $204.0m | $133.0m | $55.0m | $122.0m | $481.0m | |
| Restructuring Costs | $18.6m | $3.0m | $1.0m | — | $20.0m | $76.0m | $14.0m | $36.0m | $7.0m | $20.0m | |
| Selling and Marketing Expense | $2.8b | $2.9b | $3.5b | $3.4b | — | — | — | — | — | — | |
| Other components of net periodic benefit cost | — | $12.0m | $3.0m | $2.0m | $4.0m | $12.0m | ($2.0m) | ($12.0m) | ($13.0m) | $12.0m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | — | $357.0m | |
| Interest Expense | $70.7m | $103.0m | $128.0m | $133.0m | $161.0m | $173.0m | $167.0m | $255.0m | $378.0m | $357.0m | |
| Current Income Tax Expense (Benefit) | $528.5m | $479.0m | $688.0m | $579.0m | $493.0m | $686.0m | $777.0m | $573.0m | $628.0m | $489.0m | |
| Other Operating Income (Expense), Net | — | — | — | $71.0m | $557.0m | $847.0m | $1.0m | $0 | $0 | — | |
| Income Tax Expense (Benefit) | $434.4m | $361.0m | $863.0m | $513.0m | $350.0m | $456.0m | $628.0m | $387.0m | $363.0m | $93.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.