What is the primary revenue source for Estée Lauder Companies (EL)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze EL's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out Estée Lauder Companies's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How Estée Lauder Companies Makes Money: EL Revenue Breakdown (2026)

Operations

Where did the money come from, and where was it spent?

Watch

Revenue grew while operating profit fell, so growth did not translate into better earnings.

The largest revenue segment accounts for 99.32% of revenue, indicating concentration.

Revenue: USD 15.05B
Largest revenue segment share (Others): 99.32%
Selling, general and administrative: USD 9.69B
Cost of revenue: USD 3.69B

View calculation evidence

YoY periods: FY 2026 compared with FY 2025

Source metrics

Largest revenue segment share (Others)Others · segment_value / revenue * 100
RevenueNet sales · RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenueCost of sales · CostOfGoodsAndServicesSold
Selling, general and administrativeSelling, general and administrative · SellingGeneralAndAdministrativeExpense

Assets

Where is the money tied up, and how is the company financed?

Insufficient data

Current data explains this period's structure but is insufficient for a year-over-year conclusion.

Cash and cash equivalents: USD 3.50B
Property, plant and equipment: USD 2.81B
Goodwill: USD 2.11B
Shareholder equity: USD 3.81B

View calculation evidence

YoY periods: FY 2026 compared with FY 2025

Source metrics

Shareholder equityTotal equity · StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Cash and cash equivalentsCash and cash equivalents · CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
GoodwillGoodwill · Goodwill
Property, plant and equipmentProperty, plant and equipment, net · PropertyPlantAndEquipmentNet

Some conclusions lack complete source metrics and should be interpreted cautiously.

Cash

Did accounting profit ultimately turn into cash?

Steady

Operating cash flow covers accounting profit, showing good cash conversion.

Operating cash flow equals 974.18% of net income.

Free cash flow remains positive after capital expenditure.

Net income: USD 182.00M
Operating cash flow: USD 1.77B
Cash conversion: 974.18%
Free cash flow: USD 1.32B

View calculation evidence

YoY periods: FY 2026 compared with FY 2025

Source metrics

Net incomeNet earnings (loss) · ProfitLoss
Free cash flowcfo - capex
Cash conversionoperating_cash_flow / net_income * 100
Operating cash flowsum(waterfull.operating)

Shareholders

Did the money earned actually make its way back to shareholders?

Steady

Dividends and net buybacks are covered by free cash flow, so cash genuinely reached shareholders.

Cash dividends: USD 508.00M
Share repurchases: USD 70.00M
Stock issuance proceeds: USD 53.00M
Net shareholder return: USD 525.00M

View calculation evidence

YoY periods: FY 2026 compared with FY 2025

Source metrics

Cash dividendsPayments of ordinary dividends, common stock · PaymentsOfDividendsCommonStock · abs(node_value)
Net shareholder returndividends_paid + share_repurchases - stock_issuance_proceeds
Share repurchasesPayments for repurchase of common stock · PaymentsForRepurchaseOfCommonStock · abs(node_value)
Stock issuance proceedsNet proceeds from stock-based compensation transactions · ProceedsFromStockOptionsExercised · abs(node_value)

Diluted share count is missing, so dilution cannot be assessed against buybacks.

Financial Insights

Please select a report to view

Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?