Stock Analysis on Net
Stock Analysis on Net

Estée Lauder Cos. Inc. (NYSE:EL)

This company has been moved to the archive! The financial data has not been updated since August 18, 2023.

Common-Size Income Statement

Estée Lauder Cos. Inc., common-size consolidated income statement

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12 months ended: Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020 Jun 30, 2019 Jun 30, 2018
Net sales 100.00 100.00 100.00 100.00 100.00 100.00
Cost of sales -28.69 -24.27 -23.64 -24.85 -22.79 -20.78
Gross profit 71.31% 75.73% 76.36% 75.15% 77.21% 79.22%
Selling, general and administrative -60.18 -55.75 -57.79 -60.42 -59.59 -62.53
Restructuring and other charges -0.35 -0.75 -1.26 -0.51 -1.45 -1.69
Goodwill impairment 0.00 0.00 -0.33 -5.68 -0.46 0.00
Impairments of other intangible and long-lived assets -1.30 -1.36 -0.83 -4.30 -0.15 0.00
Operating expenses -61.83% -57.86% -60.21% -70.91% -61.65% -64.22%
Operating income 9.48% 17.87% 16.15% 4.24% 15.56% 15.00%
Interest expense -1.60 -0.94 -1.07 -1.13 -0.89 -0.94
Interest income and investment income, net 0.82 0.17 0.31 0.34 0.39 0.41
Other components of net periodic benefit cost 0.08 0.01 -0.07 -0.03 -0.01 0.00
Other income, net 0.00 0.01 5.22 3.90 0.48 0.00
Earnings before income taxes 8.78% 17.12% 20.54% 7.32% 15.52% 14.47%
Provision for income taxes -2.43 -3.54 -2.81 -2.45 -3.45 -6.31
Net earnings 6.35% 13.58% 17.73% 4.87% 12.07% 8.16%
Net earnings attributable to noncontrolling interests and redeemable noncontrolling interest -0.03 -0.10 -0.03 -0.08 -0.06 -0.07
Net earnings attributable to The Estée Lauder Companies Inc. 6.32% 13.47% 17.70% 4.79% 12.01% 8.10%

Based on: 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30), 10-K (reporting date: 2018-06-30).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Estée Lauder Cos. Inc. operating income as a percentage of net sales increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Earnings before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Estée Lauder Cos. Inc. earnings before income taxes as a percentage of net sales decreased from 2021 to 2022 and from 2022 to 2023.
Net earnings attributable to The Estée Lauder Companies Inc. The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Estée Lauder Cos. Inc. net earnings attributable to The Estée Lauder Companies Inc. as a percentage of net sales decreased from 2021 to 2022 and from 2022 to 2023.