Fundies.
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ESTEE LAUDER COMPANIES INC

EDGAR
EL Annual report (10-K) · filed 2026-08-19

Annual consolidated revenue for 2026: about USD 15.05B, using the latest reported figures. The previous period, 2025, was about USD 14.33B.

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Watchlist

Latest quarter

Revenue

3.63 billion USD

2026 Q4 · USD

Exact inputs and evidence
  • Revenue: 15049000000 USD Source
  • Revenue: 11422000000 USD Source

Operating margin

-1.08%

2026 Q4 · %

Exact inputs and evidence
  • Operating Income: 780000000 USD Source
  • Operating Income: 819000000 USD Source
  • Revenue: 15049000000 USD Source
  • Revenue: 11422000000 USD Source

Operating cash flow

576 million USD

2026 Q4 · USD

Exact inputs and evidence
  • Operating Cash Flow: 1773000000 USD Source
  • Operating Cash Flow: 1197000000 USD Source

Free cash flow

425 million USD

2026 Q4 · USD

Exact inputs and evidence
  • Operating Cash Flow: 1773000000 USD Source
  • Operating Cash Flow: 1197000000 USD Source
  • Capital Expenditure: 457000000 USD Source
  • Capital Expenditure: 306000000 USD Source
Cash and cash equivalents
2.18 billion Unit12 Source
Exact value

2181000000 Unit12

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-19.

Financial data available through: 2026-06-30.

Coverage by financial measure
  • Revenue: 9 of 11 periods available· newest 2026-06-30
  • Operating income: 9 of 11 periods available· newest 2026-06-30
  • Net income: 3 of 11 periods available· newest 2020-06-30
  • Operating cash flow: 9 of 11 periods available· newest 2026-06-30
  • Capital expenditure: 9 of 11 periods available· newest 2026-06-30
  • Total assets: 9 of 11 periods available· newest 2026-06-30
  • Total liabilities: Multiple units; comparison withheld· newest 2019-06-30
  • Current assets: 8 of 11 periods available· newest 2026-06-30
  • Current liabilities: 8 of 11 periods available· newest 2026-06-30
  • Cash and cash equivalents: 3 of 11 periods available· newest 2018-06-30
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +5%

    Prior period

    USD 14.33 billion

    –

    Current period

    USD 15.05 billion

    –

    Exact inputs and evidence

    15049000000 − 14326000000 = 723000000 USD

    14326000000 USD · 2024-07-01 – 2025-06-30

    Inspect prior input Prior source

    15049000000 USD · 2025-07-01 – 2026-06-30

    Inspect current input Current source
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  • Operating cash flow

    +39.4%

    Prior period

    USD 1.27 billion

    –

    Current period

    USD 1.77 billion

    –

    Exact inputs and evidence

    1773000000 − 1272000000 = 501000000 USD

    1272000000 USD · 2024-07-01 – 2025-06-30

    Inspect prior input Prior source

    1773000000 USD · 2025-07-01 – 2026-06-30

    Inspect current input Current source
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  • Capital expenditure

    -24.1%

    Prior period

    USD 602 million

    –

    Current period

    USD 457 million

    –

    Exact inputs and evidence

    457000000 − 602000000 = -145000000 USD

    602000000 USD · 2024-07-01 – 2025-06-30

    Inspect prior input Prior source

    457000000 USD · 2025-07-01 – 2026-06-30

    Inspect current input Current source
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Comparable inputs unavailable for: Net income.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2026 2025-07-01 – 2026-06-30

  • Revenue USD 15.05 billion 100% of revenue
  • Cost of revenue USD 3.69 billion 24% of revenue
  • Operating expenses USD 10.58 billion 70% of revenue
  • Operating income USD 780 million 5.2% of revenue
  • Tax, interest and other Derived Unavailable An input is unavailable.
  • Net income Unavailable An input is unavailable.

Cash

  • Operating cash flow USD 1.77 billion 12% of revenue
  • Capital expenditure USD 457 million 3% of revenue
  • Free cash flow Derived USD 1.32 billion 8.7% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2018 85%
  • 2019 12%84%
  • 2020 Net income was higher than operating income, so the split is not drawn.
  • 2021 Not shown: operating income or net income is not reported.
  • 2022 Not shown: operating income or net income is not reported.
  • 2023 Not shown: operating income or net income is not reported.
  • 2024 Not shown: operating income or net income is not reported.
  • 2025 Not shown: operating income or net income is not reported.
  • 2026 Not shown: operating income or net income is not reported.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2018 2017-07-01 – 2018-06-3013683000000 11628000000 Derived 2055000000 947000000 Derived 1108000000 1933000000 Derived
Source
2019 2018-07-01 – 2019-06-3014863000000 12550000000 Derived 2313000000 528000000 Derived 1785000000 1773000000 Derived
Source
2020 2019-07-01 – 2020-06-3014294000000 13688000000 Derived 606000000 -78000000 Derived 684000000 1657000000 Derived
Source
2021 2020-07-01 – 2021-06-3016215000000 13597000000 Derived 2618000000 UnavailableUnavailable2994000000 Derived
Source
2022 2021-07-01 – 2022-06-3017737000000 14567000000 Derived 3170000000 UnavailableUnavailable2000000000 Derived
Source
2023 2022-07-01 – 2023-06-3015910000000 14401000000 Derived 1509000000 UnavailableUnavailable728000000 Derived
Source
2024 2023-07-01 – 2024-06-3015608000000 14638000000 Derived 970000000 UnavailableUnavailable1441000000 Derived
Source
2025 2024-07-01 – 2025-06-3014326000000 15111000000 Derived -785000000 UnavailableUnavailable670000000 Derived
Source
2026 2025-07-01 – 2026-06-3015049000000 14269000000 Derived 780000000 UnavailableUnavailable1316000000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 15B 2026
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.19.2B14.4B9.6B4.8B0.0201820222026
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Revenue13683000000
2019Revenue14863000000
2020Revenue14294000000
2021Revenue16215000000
2022Revenue17737000000
2023Revenue15910000000
2024Revenue15608000000
2025Revenue14326000000
2026Revenue15049000000

Revenue growth

Change in revenue from the same financial period one year earlier.

5% 2026
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.15.3%8.5%1.6%-5.3%-12.2%201820222026
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2018Year over yearNo prior comparable period
2019Year over year8.6%
2020Year over year-3.8%
2021Year over year13.4%
2022Year over year9.4%
2023Year over year-10.3%
2024Year over year-1.9%
2025Year over year-8.2%
2026Year over year5%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 5.2% 2026
Net margin 4.8% 2020
Free cash flow margin 8.7% 2026
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.20.4%13.4%6.5%-0.5%-7.4%201820222026
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2018Operating margin15%
2019Operating margin15.6%
2020Operating margin4.2%
2021Operating margin16.1%
2022Operating margin17.9%
2023Operating margin9.5%
2024Operating margin6.2%
2025Operating margin-5.5%
2026Operating margin5.2%
2018Net margin8.1%
2019Net margin12%
2020Net margin4.8%
2021-06-30Net marginNot reported
2022-06-30Net marginNot reported
2023-06-30Net marginNot reported
2024-06-30Net marginNot reported
2025-06-30Net marginNot reported
2026-06-30Net marginNot reported
2018Free cash flow margin14.1%
2019Free cash flow margin11.9%
2020Free cash flow margin11.6%
2021Free cash flow margin18.5%
2022Free cash flow margin11.3%
2023Free cash flow margin4.6%
2024Free cash flow margin9.2%
2025Free cash flow margin4.7%
2026Free cash flow margin8.7%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 1.8B 2026
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.9B2.9B2.0B980.4M0.0201820222026
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Operating cash flow2562000000
2019Operating cash flow2517000000
2020Operating cash flow2280000000
2021Operating cash flow3631000000
2022Operating cash flow3040000000
2023Operating cash flow1731000000
2024Operating cash flow2360000000
2025Operating cash flow1272000000
2026Operating cash flow1773000000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 1.3B 2026
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.2B2.4B1.6B808.4M0.0201820222026
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Free cash flow1933000000
2019Free cash flow1773000000
2020Free cash flow1657000000
2021Free cash flow2994000000
2022Free cash flow2000000000
2023Free cash flow728000000
2024Free cash flow1441000000
2025Free cash flow670000000
2026Free cash flow1316000000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2018-06-30Liabilities / assetsNot reported
2019-06-30Liabilities / assetsNot reported
2020-06-30Liabilities / assetsNot reported
2021-06-30Liabilities / assetsNot reported
2022-06-30Liabilities / assetsNot reported
2023-06-30Liabilities / assetsNot reported
2024-06-30Liabilities / assetsNot reported
2025-06-30Liabilities / assetsNot reported
2026-06-30Liabilities / assetsNot reported

Current assets to current liabilities

Current assets divided by current liabilities.

1.22× 2026
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.99×1.49×1.00×0.50×0.00×2018-06-3020222026
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2018-06-30Current assets / current liabilitiesNot reportedNo source recorded
2019Current assets / current liabilities1.57×
2020Current assets / current liabilities1.72×
2021Current assets / current liabilities1.84×
2022Current assets / current liabilities1.6×
2023Current assets / current liabilities1.46×
2024Current assets / current liabilities1.39×
2025Current assets / current liabilities1.3×
2026Current assets / current liabilities1.22×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2018 2017-07-01 – 2018-06-30
USD 1.11 billion
Exact value

Exact value: 1108000000 USD

2017-07-01 – 2018-06-30: 1108000000 USD Inspect Net Income Open source
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USD 2.56 billion
Exact value

Exact value: 2562000000 USD

2017-07-01 – 2018-06-30: 2562000000 USD Inspect Operating Cash Flow Open source
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USD 629 million
Exact value

Exact value: 629000000 USD

2017-07-01 – 2018-06-30: 629000000 USD Inspect Capital Expenditure Open source
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USD 1.93 billion
Calculation and evidence

2562000000 − 629000000 USD

Exact free cash flow: 1933000000 USD

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2019 2018-07-01 – 2019-06-30
USD 1.79 billion
Exact value

Exact value: 1785000000 USD

2018-07-01 – 2019-06-30: 1785000000 USD Inspect Net Income Open source
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USD 2.52 billion
Exact value

Exact value: 2517000000 USD

2018-07-01 – 2019-06-30: 2517000000 USD Inspect Operating Cash Flow Open source
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USD 744 million
Exact value

Exact value: 744000000 USD

2018-07-01 – 2019-06-30: 744000000 USD Inspect Capital Expenditure Open source
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USD 1.77 billion
Calculation and evidence

2517000000 − 744000000 USD

Exact free cash flow: 1773000000 USD

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2020 2019-07-01 – 2020-06-30
USD 684 million
Exact value

Exact value: 684000000 USD

2019-07-01 – 2020-06-30: 684000000 USD Inspect Net Income Open source
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USD 2.28 billion
Exact value

Exact value: 2280000000 USD

2019-07-01 – 2020-06-30: 2280000000 USD Inspect Operating Cash Flow Open source
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USD 623 million
Exact value

Exact value: 623000000 USD

2019-07-01 – 2020-06-30: 623000000 USD Inspect Capital Expenditure Open source
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USD 1.66 billion
Calculation and evidence

2280000000 − 623000000 USD

Exact free cash flow: 1657000000 USD

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2021 2020-07-01 – 2021-06-30
Unavailable Not reported for this period.
USD 3.63 billion
Exact value

Exact value: 3631000000 USD

2020-07-01 – 2021-06-30: 3631000000 USD Inspect Operating Cash Flow Open source
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USD 637 million
Exact value

Exact value: 637000000 USD

2020-07-01 – 2021-06-30: 637000000 USD Inspect Capital Expenditure Open source
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USD 2.99 billion
Calculation and evidence

3631000000 − 637000000 USD

Exact free cash flow: 2994000000 USD

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2022 2021-07-01 – 2022-06-30
Unavailable Not reported for this period.
USD 3.04 billion
Exact value

Exact value: 3040000000 USD

2021-07-01 – 2022-06-30: 3040000000 USD Inspect Operating Cash Flow Open source
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USD 1.04 billion
Exact value

Exact value: 1040000000 USD

2021-07-01 – 2022-06-30: 1040000000 USD Inspect Capital Expenditure Open source
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USD 2 billion
Calculation and evidence

3040000000 − 1040000000 USD

Exact free cash flow: 2000000000 USD

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2023 2022-07-01 – 2023-06-30
Unavailable Not reported for this period.
USD 1.73 billion
Exact value

Exact value: 1731000000 USD

2022-07-01 – 2023-06-30: 1731000000 USD Inspect Operating Cash Flow Open source
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USD 1 billion
Exact value

Exact value: 1003000000 USD

2022-07-01 – 2023-06-30: 1003000000 USD Inspect Capital Expenditure Open source
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USD 728 million
Calculation and evidence

1731000000 − 1003000000 USD

Exact free cash flow: 728000000 USD

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2024 2023-07-01 – 2024-06-30
Unavailable Not reported for this period.
USD 2.36 billion
Exact value

Exact value: 2360000000 USD

2023-07-01 – 2024-06-30: 2360000000 USD Inspect Operating Cash Flow Open source
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USD 919 million
Exact value

Exact value: 919000000 USD

2023-07-01 – 2024-06-30: 919000000 USD Inspect Capital Expenditure Open source
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USD 1.44 billion
Calculation and evidence

2360000000 − 919000000 USD

Exact free cash flow: 1441000000 USD

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2025 2024-07-01 – 2025-06-30
Unavailable Not reported for this period.
USD 1.27 billion
Exact value

Exact value: 1272000000 USD

2024-07-01 – 2025-06-30: 1272000000 USD Inspect Operating Cash Flow Open source
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USD 602 million
Exact value

Exact value: 602000000 USD

2024-07-01 – 2025-06-30: 602000000 USD Inspect Capital Expenditure Open source
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USD 670 million
Calculation and evidence

1272000000 − 602000000 USD

Exact free cash flow: 670000000 USD

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2026 2025-07-01 – 2026-06-30
Unavailable Not reported for this period.
USD 1.77 billion
Exact value

Exact value: 1773000000 USD

2025-07-01 – 2026-06-30: 1773000000 USD Inspect Operating Cash Flow Open source
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USD 457 million
Exact value

Exact value: 457000000 USD

2025-07-01 – 2026-06-30: 457000000 USD Inspect Capital Expenditure Open source
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USD 1.32 billion
Calculation and evidence

1773000000 − 457000000 USD

Exact free cash flow: 1316000000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

554 filings · 6,100 latest values · 6,100 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001001250, 1001250, EL, edgar:1001250

Also known as ESTEE LAUDER COMPANIES INC, Estée Lauder Companies Inc, The Estée Lauder Companies Inc.