Estee Lauder Companies Inc
NYSE:EL
Income Statement
Earnings Waterfall
Estee Lauder Companies Inc
Revenue
|
15.2B
USD
|
Cost of Revenue
|
-4.5B
USD
|
Gross Profit
|
10.6B
USD
|
Operating Expenses
|
-9.6B
USD
|
Operating Income
|
1B
USD
|
Other Expenses
|
-576m
USD
|
Net Income
|
467m
USD
|
Income Statement
Estee Lauder Companies Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
10 393
N/A
|
10 651
+2%
|
10 969
+3%
|
10 925
0%
|
10 951
+0%
|
10 981
+0%
|
10 780
-2%
|
10 984
+2%
|
11 064
+1%
|
11 140
+1%
|
11 262
+1%
|
11 293
+0%
|
11 376
+1%
|
11 576
+2%
|
11 824
+2%
|
12 233
+3%
|
12 769
+4%
|
13 282
+4%
|
13 683
+3%
|
13 933
+2%
|
14 194
+2%
|
14 568
+3%
|
14 863
+2%
|
15 234
+2%
|
15 853
+4%
|
15 454
-3%
|
14 294
-8%
|
13 961
-2%
|
14 190
+2%
|
14 709
+4%
|
16 215
+10%
|
17 045
+5%
|
17 731
+4%
|
18 112
+2%
|
17 737
-2%
|
17 280
-3%
|
16 362
-5%
|
15 872
-3%
|
15 937
+0%
|
15 520
-3%
|
15 179
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(2 043)
|
(2 099)
|
(2 158)
|
(2 151)
|
(2 142)
|
(2 146)
|
(2 101)
|
(2 141)
|
(2 157)
|
(2 158)
|
(2 181)
|
(2 200)
|
(2 248)
|
(2 335)
|
(2 437)
|
(2 552)
|
(2 668)
|
(2 760)
|
(2 844)
|
(2 956)
|
(3 113)
|
(3 249)
|
(3 387)
|
(3 472)
|
(3 603)
|
(3 620)
|
(3 552)
|
(3 469)
|
(3 512)
|
(3 615)
|
(3 834)
|
(4 066)
|
(4 205)
|
(4 260)
|
(4 305)
|
(4 272)
|
(4 268)
|
(4 433)
|
(4 561)
|
(4 607)
|
(4 542)
|
|
Gross Profit |
8 350
N/A
|
8 552
+2%
|
8 811
+3%
|
8 774
0%
|
8 809
+0%
|
8 835
+0%
|
8 680
-2%
|
8 843
+2%
|
8 907
+1%
|
8 982
+1%
|
9 081
+1%
|
9 093
+0%
|
9 128
+0%
|
9 242
+1%
|
9 387
+2%
|
9 681
+3%
|
10 101
+4%
|
10 522
+4%
|
10 839
+3%
|
10 977
+1%
|
11 081
+1%
|
11 319
+2%
|
11 476
+1%
|
11 762
+2%
|
12 250
+4%
|
11 834
-3%
|
10 742
-9%
|
10 492
-2%
|
10 678
+2%
|
11 094
+4%
|
12 381
+12%
|
12 979
+5%
|
13 526
+4%
|
13 852
+2%
|
13 432
-3%
|
13 008
-3%
|
12 094
-7%
|
11 439
-5%
|
11 376
-1%
|
10 913
-4%
|
10 637
-3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(6 835)
|
(6 944)
|
(6 984)
|
(7 051)
|
(7 106)
|
(7 065)
|
(7 071)
|
(7 139)
|
(7 180)
|
(7 282)
|
(7 343)
|
(7 355)
|
(7 386)
|
(7 382)
|
(7 467)
|
(7 598)
|
(7 898)
|
(8 220)
|
(8 550)
|
(8 618)
|
(8 650)
|
(8 717)
|
(8 851)
|
(8 979)
|
(9 296)
|
(9 216)
|
(8 630)
|
(8 471)
|
(8 529)
|
(8 645)
|
(9 350)
|
(9 739)
|
(10 034)
|
(10 164)
|
(9 888)
|
(9 738)
|
(9 483)
|
(9 489)
|
(9 575)
|
(9 680)
|
(9 594)
|
|
Selling, General & Administrative |
(6 835)
|
(6 944)
|
(6 984)
|
(7 051)
|
(7 106)
|
(7 065)
|
(6 893)
|
(7 139)
|
(7 180)
|
(7 282)
|
(7 152)
|
(7 355)
|
(7 386)
|
(7 382)
|
(7 288)
|
(7 598)
|
(7 898)
|
(8 220)
|
(8 369)
|
(8 618)
|
(8 650)
|
(8 717)
|
(8 649)
|
(8 979)
|
(9 296)
|
(9 216)
|
(8 402)
|
(8 550)
|
(8 578)
|
(8 645)
|
(9 107)
|
(9 739)
|
(10 034)
|
(10 164)
|
(9 581)
|
(9 738)
|
(9 483)
|
(9 489)
|
(9 231)
|
(9 680)
|
(9 594)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
(178)
|
0
|
0
|
0
|
(191)
|
0
|
0
|
0
|
(179)
|
0
|
0
|
0
|
(181)
|
0
|
0
|
0
|
(202)
|
0
|
0
|
0
|
(228)
|
0
|
0
|
0
|
(243)
|
0
|
0
|
0
|
(307)
|
0
|
0
|
0
|
(344)
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
79
|
49
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
1 514
N/A
|
1 608
+6%
|
1 827
+14%
|
1 724
-6%
|
1 702
-1%
|
1 770
+4%
|
1 608
-9%
|
1 704
+6%
|
1 728
+1%
|
1 700
-2%
|
1 738
+2%
|
1 738
N/A
|
1 742
+0%
|
1 860
+7%
|
1 920
+3%
|
2 083
+8%
|
2 203
+6%
|
2 302
+4%
|
2 289
-1%
|
2 359
+3%
|
2 431
+3%
|
2 602
+7%
|
2 625
+1%
|
2 783
+6%
|
2 954
+6%
|
2 618
-11%
|
2 112
-19%
|
2 021
-4%
|
2 149
+6%
|
2 449
+14%
|
3 031
+24%
|
3 240
+7%
|
3 492
+8%
|
3 688
+6%
|
3 544
-4%
|
3 270
-8%
|
2 611
-20%
|
1 950
-25%
|
1 801
-8%
|
1 233
-32%
|
1 043
-15%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(51)
|
(46)
|
(53)
|
(52)
|
(50)
|
(62)
|
(48)
|
(39)
|
(50)
|
(22)
|
(50)
|
(60)
|
(61)
|
(98)
|
(77)
|
(86)
|
(86)
|
(74)
|
(78)
|
(57)
|
(71)
|
(81)
|
(81)
|
(129)
|
487
|
537
|
444
|
431
|
(146)
|
(152)
|
725
|
(129)
|
(135)
|
(137)
|
(136)
|
(130)
|
(124)
|
(109)
|
(124)
|
(147)
|
(179)
|
|
Non-Reccuring Items |
(18)
|
(20)
|
3
|
4
|
1
|
1
|
0
|
0
|
(19)
|
(34)
|
(133)
|
(159)
|
(178)
|
(221)
|
(226)
|
(234)
|
(264)
|
(302)
|
(231)
|
(238)
|
(238)
|
(222)
|
(306)
|
(288)
|
(1 011)
|
(1 301)
|
(1 506)
|
(1 489)
|
(815)
|
(608)
|
(413)
|
(392)
|
(289)
|
(363)
|
(374)
|
(374)
|
(577)
|
(357)
|
(292)
|
(287)
|
(79)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
70
|
69
|
68
|
67
|
(4)
|
(4)
|
(6)
|
(12)
|
(13)
|
(12)
|
838
|
847
|
850
|
2
|
6
|
6
|
9
|
12
|
11
|
12
|
|
Pre-Tax Income |
1 445
N/A
|
1 542
+7%
|
1 777
+15%
|
1 676
-6%
|
1 653
-1%
|
1 709
+3%
|
1 561
-9%
|
1 665
+7%
|
1 659
0%
|
1 644
-1%
|
1 555
-5%
|
1 519
-2%
|
1 504
-1%
|
1 540
+2%
|
1 617
+5%
|
1 763
+9%
|
1 853
+5%
|
1 926
+4%
|
1 980
+3%
|
2 064
+4%
|
2 122
+3%
|
2 369
+12%
|
2 307
-3%
|
2 434
+6%
|
2 497
+3%
|
1 850
-26%
|
1 046
-43%
|
957
-9%
|
1 176
+23%
|
1 676
+43%
|
3 331
+99%
|
3 557
+7%
|
3 915
+10%
|
4 038
+3%
|
3 036
-25%
|
2 772
-9%
|
1 916
-31%
|
1 493
-22%
|
1 397
-6%
|
810
-42%
|
797
-2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(433)
|
(495)
|
(568)
|
(539)
|
(514)
|
(511)
|
(467)
|
(490)
|
(473)
|
(464)
|
(434)
|
(413)
|
(416)
|
(419)
|
(361)
|
(373)
|
(374)
|
(375)
|
(436)
|
(449)
|
(443)
|
(505)
|
(508)
|
(538)
|
(623)
|
(537)
|
(350)
|
(334)
|
(237)
|
(275)
|
(456)
|
(512)
|
(657)
|
(665)
|
(628)
|
(569)
|
(406)
|
(401)
|
(387)
|
(254)
|
(314)
|
|
Income from Continuing Operations |
1 012
|
1 047
|
1 209
|
1 137
|
1 139
|
1 198
|
1 093
|
1 175
|
1 186
|
1 180
|
1 121
|
1 106
|
1 088
|
1 121
|
1 256
|
1 390
|
1 479
|
1 551
|
1 544
|
1 615
|
1 679
|
1 864
|
1 799
|
1 896
|
1 874
|
1 313
|
696
|
623
|
939
|
1 401
|
2 875
|
3 045
|
3 258
|
3 373
|
2 408
|
2 203
|
1 510
|
1 092
|
1 010
|
556
|
483
|
|
Income to Minority Interest |
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(7)
|
(8)
|
(8)
|
(8)
|
(9)
|
(8)
|
(10)
|
(10)
|
(9)
|
(10)
|
(10)
|
(10)
|
(12)
|
(11)
|
(11)
|
(11)
|
(5)
|
(6)
|
(4)
|
(17)
|
(18)
|
(16)
|
(17)
|
(1)
|
(4)
|
(8)
|
(16)
|
|
Net Income (Common) |
1 006
N/A
|
1 040
+3%
|
1 204
+16%
|
1 132
-6%
|
1 135
+0%
|
1 194
+5%
|
1 089
-9%
|
1 170
+7%
|
1 181
+1%
|
1 174
-1%
|
1 115
-5%
|
1 099
-1%
|
1 081
-2%
|
1 114
+3%
|
1 249
+12%
|
1 382
+11%
|
1 077
-22%
|
1 151
+7%
|
1 108
-4%
|
1 181
+7%
|
1 631
+38%
|
1 814
+11%
|
1 785
-2%
|
1 880
+5%
|
1 864
-1%
|
1 303
-30%
|
684
-48%
|
612
-11%
|
928
+52%
|
1 390
+50%
|
2 870
+106%
|
3 039
+6%
|
3 254
+7%
|
3 356
+3%
|
2 390
-29%
|
2 187
-8%
|
1 493
-32%
|
1 091
-27%
|
1 006
-8%
|
548
-46%
|
467
-15%
|
|
EPS (Diluted) |
2.54
N/A
|
2.65
+4%
|
3.06
+15%
|
2.91
-5%
|
2.92
+0%
|
3.09
+6%
|
2.82
-9%
|
3.08
+9%
|
3.12
+1%
|
3.12
N/A
|
2.96
-5%
|
2.94
-1%
|
2.9
-1%
|
2.99
+3%
|
3.35
+12%
|
3.7
+10%
|
2.86
-23%
|
3.06
+7%
|
2.94
-4%
|
3.15
+7%
|
4.4
+40%
|
4.92
+12%
|
4.83
-2%
|
5.12
+6%
|
5.07
-1%
|
3.61
-29%
|
1.86
-48%
|
1.66
-11%
|
2.52
+52%
|
3.75
+49%
|
7.79
+108%
|
8.25
+6%
|
8.89
+8%
|
9.22
+4%
|
6.55
-29%
|
6.05
-8%
|
4.12
-32%
|
3.02
-27%
|
2.79
-8%
|
1.52
-46%
|
1.3
-14%
|