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e.l.f. Beauty, Inc. pages available for free this week:
- Income Statement
- Cash Flow Statement
- Analysis of Long-term (Investment) Activity Ratios
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Common Stock Valuation Ratios
- Capital Asset Pricing Model (CAPM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Total Asset Turnover since 2016
- Analysis of Revenues
- Aggregate Accruals
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Calculation
ROE | = | 100 | × | Net income1 | ÷ | Stockholders’ equity1 | |
---|---|---|---|---|---|---|---|
Mar 31, 2024 | = | 100 | × | ÷ | |||
Mar 31, 2023 | = | 100 | × | ÷ | |||
Mar 31, 2022 | = | 100 | × | ÷ | |||
Mar 31, 2021 | = | 100 | × | ÷ | |||
Mar 31, 2020 | = | 100 | × | ÷ | |||
Dec 31, 2018 | = | 100 | × | ÷ | |||
Dec 31, 2017 | = | 100 | × | ÷ | |||
Dec 31, 2016 | = | 100 | × | ÷ |
Based on: 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31).
1 US$ in thousands
- Net Income
- The net income shows significant fluctuations over the observed periods. From December 31, 2016, to December 31, 2017, there is a substantial increase from $5,313 thousand to $33,475 thousand. However, in the following year ending December 31, 2018, net income declines sharply to $15,525 thousand. After that, data for 2019 is missing, but from March 31, 2020, the net income increases again to $17,884 thousand, then declines to $6,232 thousand by March 31, 2021. Subsequently, it recovers to $21,770 thousand as of March 31, 2022. The most notable increases occur between March 31, 2022, and March 31, 2023, when net income nearly triples to $61,530 thousand, and continues to grow impressively to $127,663 thousand by March 31, 2024.
- Stockholders’ Equity
- Stockholders' equity demonstrates a consistent upward trend throughout the periods. Starting at $140,862 thousand as of December 31, 2016, it increases steadily every year to reach $229,331 thousand by December 31, 2018. The growth continues through the subsequent March quarterends, reaching $242,171 thousand on March 31, 2020, and ascending progressively to $642,572 thousand by March 31, 2024. This indicates strong capital accumulation and possibly reinvestment of earnings or equity issuance.
- Return on Equity (ROE)
- The ROE experiences variability that roughly mirrors the fluctuations in net income while reflecting the growth in equity. It rises from a low 3.77% in 2016 to a peak of 17.27% in 2017, then falls sharply to 6.77% in 2018. Following data gaps, the ROE stabilizes somewhat between 7.38% and 6.97% during 2020 to 2022, with a trough of 2.31% in early 2021. Thereafter, there is a marked improvement, with ROE increasing to 14.97% in March 2023 and further rising to 19.87% by March 2024. This suggests enhanced profitability relative to the equity base in recent periods.
- Overall Trends and Insights
- The data reflects a pattern of cyclical earnings performance with periods of both substantial growth and decline in net income. Despite these fluctuations, the consistent increase in stockholders’ equity over the years suggests a strong capital foundation. Return on equity follows the profitability trends but shows positive momentum in the most recent years, indicative of improved efficiency in generating profit from shareholders' investments. The substantial surge in net income and ROE toward the end of the period signals a notable strengthening of financial performance.
Comparison to Competitors
e.l.f. Beauty, Inc. | Procter & Gamble Co. | |
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Mar 31, 2024 | ||
Mar 31, 2023 | ||
Mar 31, 2022 | ||
Mar 31, 2021 | ||
Mar 31, 2020 | ||
Dec 31, 2018 | ||
Dec 31, 2017 | ||
Dec 31, 2016 |
Based on: 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31).
Comparison to Industry (Consumer Staples)
e.l.f. Beauty, Inc. | Consumer Staples | |
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Mar 31, 2024 | ||
Mar 31, 2023 | ||
Mar 31, 2022 | ||
Mar 31, 2021 | ||
Mar 31, 2020 | ||
Dec 31, 2018 | ||
Dec 31, 2017 | ||
Dec 31, 2016 |
Based on: 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31).