The Estée Lauder Companies Inc. (EL) Key Metrics
EL valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $37.88B
- Enterprise value
- $41.50B
- P/E (TTM)
- 209.1 10-yr median 48.4
- Forward P/E
- 29.8
- PEG ratio
- 2.12
- Price / sales
- 2.5 10-yr median 4.2
- Price / book
- 9.4 10-yr median 12.1
- EV / EBITDA
- 24.1 10-yr median 23.7
- Dividend yield
- 0.92% $1.40 a year
- Beta
- 1.26
EL key metrics, FY2017–FY2026
Fiscal year ended June 30, 2026 · U.S. dollarsEL valuation Price multiples at each fiscal year-end price.
EL returns How much profit the business earns on the capital it uses.
EL per-share figures Results divided by the shares outstanding at year-end.
EL financial health Debt, liquidity and how easily interest is covered.
EL efficiency & capital use Working capital cycle and where the cash goes.
EL valuation history
EL returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
EL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
EL cash returned to shareholders
EL price vs earnings per share
EL key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $28.80B | $29.10B | $38.39B | $70.87B | $92.93B | $117.12B | $69.23B | $67.82B | $53.61B | $35.80B |
| Enterprise value | $34.55B | $35.64B | $44.82B | $77.01B | $96.62B | $120.26B | $72.99B | $68.25B | $54.44B | $37.63B |
| P/E ratio | 158.2 | — | 98.4 | 70.5 | 38.9 | 40.8 | 101.2 | 38.0 | 48.4 | 28.7 |
| Price / sales | 1.9 | 2.0 | 2.5 | 4.5 | 5.2 | 7.2 | 4.8 | 4.6 | 3.9 | 3.0 |
| Price / book | 7.6 | 7.5 | 7.2 | 12.7 | 16.6 | 19.3 | 17.6 | 15.5 | 11.4 | 8.2 |
| Price / free cash flow | 21.9 | 43.4 | 26.6 | — | 46.5 | 39.1 | 41.8 | 38.3 | 27.6 | 27.6 |
| Price / operating cash flow | 16.2 | 22.9 | 16.3 | 40.9 | 30.6 | 32.3 | 30.4 | 26.9 | 20.9 | 20.0 |
| EV / sales | 2.3 | 2.5 | 2.9 | 4.8 | 5.4 | 7.4 | 5.1 | 4.6 | 4.0 | 3.2 |
| EV / EBITDA | 21.0 | 244.1 | 22.7 | 32.1 | 24.6 | 28.9 | 40.2 | 22.8 | 20.6 | 17.2 |
| EV / free cash flow | 26.3 | 53.2 | 31.1 | — | 48.3 | 40.2 | 44.1 | 38.5 | 28.0 | 29.0 |
| Earnings yield | 0.6% | −3.9% | 1.0% | 1.4% | 2.6% | 2.5% | 1.0% | 2.6% | 2.1% | 3.5% |
| Free cash flow yield | 4.6% | 2.3% | 3.8% | −2.2% | 2.2% | 2.6% | 2.4% | 2.6% | 3.6% | 3.6% |
| Dividend yield | 1.8% | 2.1% | 2.5% | 1.3% | 0.9% | 0.6% | 0.7% | 0.9% | 1.0% | 1.4% |
| Shareholder yield (dividends + buybacks) | 2.0% | 2.2% | 2.6% | 1.7% | 3.4% | 1.3% | 2.0% | 3.2% | 2.4% | 2.5% |
| Share price at fiscal year-end | $78.95 | $80.80 | $106.40 | $196.38 | $254.67 | $318.08 | $188.68 | $183.11 | $142.69 | $95.98 |
| Per share | ||||||||||
| Revenue per share | $41.25 | $39.78 | $43.26 | $44.08 | $48.61 | $44.04 | $38.96 | $40.13 | $36.42 | $31.70 |
| Earnings per share | $0.50 | −$3.15 | $1.08 | $2.79 | $6.55 | $7.79 | $1.86 | $4.82 | $2.95 | $3.35 |
| Operating cash flow per share | $4.86 | $3.53 | $6.54 | $4.80 | $8.33 | $9.86 | $6.21 | $6.80 | $6.82 | $4.80 |
| Free cash flow per share | $3.61 | $1.86 | $3.99 | −$4.32 | $5.48 | $8.13 | $4.52 | $4.79 | $5.17 | $3.47 |
| Cash per share | $9.59 | $8.11 | $9.41 | $11.16 | $10.84 | $13.47 | $13.69 | $8.06 | $7.23 | $4.67 |
| Book value per share | $10.43 | $10.73 | $14.73 | $15.48 | $15.32 | $16.45 | $10.72 | $11.84 | $12.48 | $11.75 |
| Tangible book value per share | −$5.15 | −$5.63 | −$5.58 | −$6.94 | −$0.98 | −$1.78 | $0.53 | $3.55 | $3.96 | $3.06 |
| Dividends per share | $1.39 | $1.72 | $2.62 | $2.56 | $2.30 | $2.05 | $1.37 | $1.64 | $1.45 | $1.30 |
| Capex per share | $1.25 | $1.67 | $2.55 | $9.11 | $2.85 | $1.73 | $1.70 | $2.01 | $1.67 | $1.35 |
| Debt per share | $25.35 | $26.29 | $27.23 | $28.18 | $20.95 | $22.00 | $23.95 | $9.21 | $9.43 | $9.58 |
| Shares outstanding | 364.8M | 360.1M | 360.8M | 360.9M | 364.9M | 368.2M | 366.9M | 370.4M | 375.7M | 373.0M |
| Change in shares outstanding | +1.3% | −0.2% | −0.0% | −1.1% | −0.9% | +0.4% | −0.9% | −1.4% | +0.7% | −1.0% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 4.7% | −24.7% | 7.2% | 18.0% | 41.0% | 57.4% | 16.4% | 39.3% | 24.4% | 31.4% |
| Return on invested capital (ROIC) | 8.4% | 8.1% | 4.4% | 10.4% | 27.2% | 26.7% | 6.4% | 34.8% | 19.8% | 24.9% |
| Return on assets (ROA) | 0.9% | −5.5% | 1.7% | 4.5% | 11.1% | 14.4% | 4.4% | 13.9% | 9.2% | 12.0% |
| Return on tangible assets | 1.3% | −8.1% | 2.7% | 6.6% | 16.0% | 18.8% | 4.9% | 17.7% | 11.8% | 15.0% |
| Free cash flow margin | 8.7% | 4.7% | 9.2% | −9.8% | 11.3% | 18.5% | 11.6% | 11.9% | 14.2% | 11.0% |
| Income quality (OCF / net income) | 9.74 | — | 6.05 | 1.72 | 1.27 | 1.27 | 3.33 | 1.41 | 2.31 | 1.43 |
| Financial health | ||||||||||
| Total debt | $9.25B | $9.47B | $9.83B | $10.17B | $7.64B | $8.10B | $8.79B | $3.41B | $3.54B | $3.57B |
| Cash & short-term investments | $3.50B | $2.92B | $3.40B | $4.03B | $3.96B | $4.96B | $5.02B | $2.99B | $2.71B | $1.74B |
| Net debt | $5.75B | $6.55B | $6.43B | $6.14B | $3.69B | $3.14B | $3.77B | $425.0M | $829.0M | $1.83B |
| Debt / equity | 2.43 | 2.45 | 1.85 | 1.82 | 1.37 | 1.34 | 2.23 | 0.78 | 0.76 | 0.81 |
| Debt / assets | 0.47 | 0.48 | 0.45 | 0.43 | 0.37 | 0.37 | 0.49 | 0.26 | 0.28 | 0.31 |
| Net debt / EBITDA | 3.49 | 44.84 | 3.26 | 2.56 | 0.94 | 0.76 | 2.07 | 0.14 | 0.31 | 0.84 |
| Current ratio | 1.22 | 1.30 | 1.39 | 1.46 | 1.60 | 1.84 | 1.72 | 1.57 | 1.86 | 1.76 |
| Quick ratio | 0.90 | 0.92 | 1.01 | 0.99 | 1.10 | 1.37 | 1.32 | 1.13 | 1.37 | 1.23 |
| Interest coverage | 5.0 | 2.8 | 2.6 | 5.9 | 19.0 | 15.1 | 3.8 | 17.4 | 16.1 | 16.5 |
| Working capital | $1.38B | $1.63B | $2.22B | $2.90B | $3.48B | $4.47B | $3.71B | $2.61B | $2.86B | $2.14B |
| Invested capital | $9.55B | $10.41B | $11.74B | $11.72B | $9.28B | $9.20B | $7.70B | $4.81B | $5.52B | $6.21B |
| Tangible asset value | −$1.88B | −$2.03B | −$2.01B | −$1.67B | $483.0M | $237.0M | $223.0M | $1.34B | $1.51B | $1.16B |
| Net current asset value | −$8.34B | −$8.96B | −$8.44B | −$7.86B | −$5.18B | −$5.25B | −$4.93B | −$1.53B | −$1.69B | −$2.20B |
| Graham number | $10.82 | — | $18.93 | $31.15 | $47.51 | $53.71 | $21.21 | $35.83 | $28.77 | $29.76 |
| Graham net-net per share | −$28.29 | −$30.33 | −$29.34 | −$28.79 | −$21.48 | −$20.47 | −$18.73 | −$9.13 | −$8.56 | −$9.76 |
| Capital allocation | ||||||||||
| Dividends paid | $508.0M | $618.0M | $947.0M | $925.0M | $840.0M | $753.0M | $503.0M | $609.0M | $546.0M | $486.0M |
| Share buybacks (net) | $70.0M | $35.0M | $35.0M | $271.0M | $2.31B | $733.0M | $893.0M | $1.55B | $759.0M | $413.0M |
| Dividend payout ratio | 279.1% | — | 242.8% | 91.9% | 35.1% | 26.2% | 73.5% | 34.1% | 49.3% | 38.9% |
| Dividends + buybacks / free cash flow | 43.9% | 97.5% | 68.1% | — | 157.4% | 49.6% | 84.2% | 122.1% | 67.1% | 69.4% |
| Capex / revenue | 3.0% | 4.2% | 5.9% | 20.7% | 5.9% | 3.9% | 4.4% | 5.0% | 4.6% | 4.3% |
| Capex / operating cash flow | 25.8% | 47.3% | 38.9% | 190.0% | 34.2% | 17.5% | 27.3% | 29.6% | 24.6% | 28.2% |
| Capex / depreciation | 0.57 | 0.73 | 1.11 | 4.42 | 1.43 | 0.98 | 1.02 | 1.34 | 1.18 | 1.09 |
| Stock-based compensation / revenue | 2.1% | 2.1% | 2.1% | 1.7% | 1.9% | 2.0% | 1.5% | 1.6% | 1.7% | 1.9% |
| R&D / revenue | — | 2.2% | 2.3% | 2.2% | 1.7% | 1.5% | 1.6% | 1.4% | 1.3% | 1.5% |
| SG&A / revenue | 64.4% | 66.0% | 61.6% | 60.2% | 55.7% | 57.8% | 60.4% | 59.6% | 62.5% | 63.2% |
| Efficiency | ||||||||||
| Days sales outstanding | 37.0 | 41.5 | 37.2 | 35.3 | 34.3 | 32.6 | 38.6 | 40.7 | 38.4 | 41.0 |
| Days of inventory on hand | 201.6 | 207.9 | 212.6 | 235.9 | 230.0 | 217.4 | 209.0 | 195.3 | 198.7 | 205.4 |
| Days payables outstanding | 152.2 | 143.7 | 128.3 | 139.6 | 149.0 | 136.6 | 137.0 | 144.0 | 129.4 | 116.2 |
| Cash conversion cycle (days) | 86.4 | 105.7 | 121.5 | 131.6 | 115.3 | 113.4 | 110.6 | 92.0 | 107.7 | 130.1 |
| Receivables turnover | 9.87 | 8.80 | 9.82 | 10.33 | 10.65 | 11.20 | 9.45 | 8.96 | 9.50 | 8.91 |
| Payables turnover | 2.40 | 2.54 | 2.85 | 2.61 | 2.45 | 2.67 | 2.66 | 2.54 | 2.82 | 3.14 |
| Inventory turnover | 1.81 | 1.76 | 1.72 | 1.55 | 1.59 | 1.68 | 1.75 | 1.87 | 1.84 | 1.78 |
| Asset turnover | 0.76 | 0.69 | 0.69 | 0.72 | 0.83 | 0.82 | 0.92 | 1.16 | 1.13 | 1.14 |
| Average receivables | $1.52B | $1.63B | $1.59B | $1.54B | $1.67B | $1.45B | $1.51B | $1.66B | $1.44B | $1.33B |
| Average payables | $1.54B | $1.47B | $1.55B | $1.75B | $1.76B | $1.43B | $1.33B | $1.34B | $1.01B | $776.0M |
| Average inventory | $2.04B | $2.12B | $2.58B | $2.95B | $2.71B | $2.28B | $2.03B | $1.81B | $1.55B | $1.37B |
| Intangibles / total assets | 28.8% | 29.6% | 33.8% | 34.5% | 28.5% | 30.5% | 21.0% | 23.3% | 25.5% | 28.0% |
Computed from EL's annual financial statements (latest annual report filed August 19, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
EL valuation and financial ratios
At the end of fiscal 2026 (June 30, 2026), Estée Lauder traded at 158.2 times earnings, against a 10-year median of 48.4. Based on the latest twelve months, the trailing P/E is 209.1 and the forward P/E is 29.8. Estée Lauder earned a return on equity of 4.7% and a return on invested capital of 8.4% in fiscal 2026. It ended the year with $9.2 billion of debt and $3.5 billion in cash and short-term investments, net debt of $5.7 billion. It returned $578.0 million to shareholders: $508.0 million in dividends and $70.0 million in share buybacks, 44% of free cash flow.
See the EL income statement, the EL chart for price history, or the EL stock overview for the latest quote and news.
EL key metrics FAQ
What is Estée Lauder's P/E ratio?
Estée Lauder's trailing P/E ratio is 209.1 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 29.8. At the end of fiscal 2026 it was 158.2, compared with a 10-year median of 48.4.
What is Estée Lauder's EV/EBITDA?
Estée Lauder's enterprise value was 21.0 times EBITDA at the end of fiscal 2026 (enterprise value $34.5 billion, EBITDA $1.6 billion); the current EV/EBITDA is 24.1.
What is Estée Lauder's return on equity?
Estée Lauder's return on equity (ROE) was 4.7% in fiscal 2026: net income of $182.0 million on average shareholders' equity of $3.8 billion.
What is Estée Lauder's ROIC?
Estée Lauder's return on invested capital was 8.4% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Estée Lauder have?
Estée Lauder had total debt of $9.2 billion at the end of fiscal 2026, a debt-to-equity ratio of 2.43 and $5.7 billion of net debt (3.49 times EBITDA).
What is Estée Lauder's dividend yield?
Estée Lauder's forward dividend yield is 0.92%. Estée Lauder paid $508.0 million in dividends in fiscal 2026 ($1.39 per share), a payout ratio of 279.1%.
Does Estée Lauder buy back its shares?
Yes. Estée Lauder spent $70.0 million on net share repurchases in fiscal 2026 Shares outstanding changed +1.3% over the year, to 364.8M..
What is Estée Lauder's free cash flow yield?
Estée Lauder generated $1.3 billion of free cash flow in fiscal 2026, a free cash flow yield of 4.6% on its market value at year-end ($28.8 billion).
What is Estée Lauder's current ratio?
Estée Lauder's current ratio was 1.22 at the end of fiscal 2026: current assets were 1.22 times current liabilities.