Estee Lauder Companies, Inc. (The) (EL) financial statements (2022 and earlier)
Company profile
| Business Address |
767 FIFTH AVE NEW YORK, NY 10153 |
| State of Incorp. | DE |
| Fiscal Year End | June 30 |
| SIC | 2844 - Perfumes, Cosmetics, and Other Toilet Preparations (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 TTM | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 775 | 1,566 | 2,715 | 1,741 | 1,383 | 1,525 | |||
| Cash and cash equivalents | 775 | 1,566 | 2,181 | 1,136 | 914 | 1,021 | |||
| Short-term investments | 534 | 605 | 469 | 504 | |||||
| Receivables | 1,972 | 1,194 | 1,831 | 1,487 | 1,395 | 1,258 | 1,175 | ||
| Inventory, net of allowances, customer advances and progress billings | 2,116 | 2,062 | 2,006 | 1,618 | 1,479 | 1,263 | 1,216 | ||
| Inventory | 2,116 | 2,062 | 2,006 | 1,618 | 1,479 | 1,263 | 1,216 | ||
| Deferred tax assets | ✕ | ✕ | 279 | ||||||
| Other undisclosed current assets | 6,203 | 4,861 | 1,809 | 348 | 349 | 320 | 274 | ||
| Total current assets: | 10,291 | 8,892 | 7,212 | 6,168 | 4,964 | 4,225 | 4,469 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 2,325 | 2,282 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 2,142 | 2,055 | 2,068 | 1,823 | 1,671 | 1,583 | 1,490 | ||
| Long-term investments and receivables | 177 | 843 | 1,026 | 1,108 | 420 | ||||
| Long-term investments | 177 | 843 | 1,026 | 1,108 | 420 | ||||
| Intangible assets, net (including goodwill) | 3,825 | 3,739 | 3,071 | 3,202 | 3,243 | 1,572 | 1,471 | ||
| Goodwill | 1,401 | 1,401 | 1,868 | 1,926 | 1,916 | 1,228 | 1,145 | ||
| Intangible assets, net (excluding goodwill) | 2,424 | 2,338 | 1,203 | 1,276 | 1,327 | 345 | 327 | ||
| Other noncurrent assets | 1,012 | 813 | 628 | 531 | 664 | 735 | 389 | ||
| Deferred tax assets, net | ✕ | ✕ | 72 | ||||||
| Other undisclosed noncurrent assets | (72) | ||||||||
| Total noncurrent assets: | 9,304 | 8,889 | 5,944 | 6,399 | 6,604 | 4,998 | 3,771 | ||
| TOTAL ASSETS: | 19,595 | 17,781 | 13,156 | 12,567 | 11,568 | 9,223 | 8,239 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 4,590 | 3,582 | 4,089 | 3,127 | 2,634 | 2,349 | 2,711 | ||
| Accounts payable | 1,299 | 1,177 | 1,490 | 1,182 | 835 | 717 | 635 | ||
| Accrued liabilities | 3,264 | 2,405 | 2,599 | 1,945 | 1,799 | 1,632 | 1,470 | ||
| Employee-related liabilities | 27 | 463 | |||||||
| Taxes payable | 142 | ||||||||
| Debt | 387 | 1,222 | 516 | 183 | 189 | 332 | 30 | ||
| Other liabilities | 474 | ||||||||
| Other undisclosed current liabilities | 443 | 375 | (1,080) | ||||||
| Total current liabilities: | 5,420 | 5,179 | 4,605 | 3,310 | 2,823 | 2,681 | 2,136 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 4,913 | 4,914 | 2,896 | 3,361 | 3,383 | 1,910 | 1,608 | ||
| Finance lease, liability | 5 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Operating lease, liability | 2,314 | 2,278 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed long-term debt and lease obligation | 2,599 | 2,631 | 2,896 | 3,361 | 3,383 | 1,910 | 1,608 | ||
| Liabilities, other than long-term debt | 1,964 | 1,448 | 1,244 | 1,186 | 960 | 1,046 | 842 | ||
| Liability, pension and other postretirement and postemployment benefits | 472 | ||||||||
| Other liabilities | 1,492 | 1,448 | 1,244 | 1,186 | 960 | 1,046 | 842 | ||
| Other undisclosed noncurrent liabilities | 1,842 | 2,278 | |||||||
| Total noncurrent liabilities: | 8,719 | 8,640 | 4,140 | 4,547 | 4,343 | 2,956 | 2,449 | ||
| Total liabilities: | 14,139 | 13,819 | 8,745 | 7,857 | 7,166 | 5,636 | 4,585 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 5,421 | 3,935 | 4,386 | 4,688 | 4,384 | 3,572 | 3,643 | ||
| Common stock | 6 | 6 | 6 | 6 | 6 | 6 | 6 | ||
| Treasury stock, value | (10,429) | (10,330) | (9,444) | (7,896) | (7,149) | (6,743) | (5,857) | ||
| Additional paid in capital | 5,068 | 4,790 | 4,403 | 3,972 | 3,559 | 3,161 | 2,872 | ||
| Accumulated other comprehensive loss | (383) | (665) | (563) | (434) | (484) | (545) | (382) | ||
| Retained earnings | 11,159 | 10,134 | 9,984 | 9,040 | 8,452 | 7,693 | 7,004 | ||
| Stockholders' equity attributable to noncontrolling interest | 35 | 27 | 25 | 22 | 18 | 15 | 11 | ||
| Total stockholders' equity: | 5,456 | 3,962 | 4,411 | 4,710 | 4,402 | 3,587 | 3,654 | ||
| TOTAL LIABILITIES AND EQUITY: | 19,595 | 17,781 | 13,156 | 12,567 | 11,568 | 9,223 | 8,239 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 TTM | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 14,190 | 14,294 | 14,863 | 13,683 | 11,824 | 11,262 | 10,780 | |
| Revenue, net | ✕ | ✕ | ✕ | 13,683 | 11,824 | 11,262 | 10,780 | |
| Cost of revenue (Cost of Goods and Services Sold) | (3,512) | (3,552) | (3,387) | (2,844) | (2,437) | (2,181) | (2,101) | |
| Gross profit: | 10,678 | 10,742 | 11,476 | 10,839 | 9,387 | 9,081 | 8,680 | |
| Operating expenses | (9,344) | (10,136) | (9,163) | (8,787) | (7,695) | (7,471) | (7,074) | |
| Operating income: | 1,334 | 606 | 2,313 | 2,052 | 1,692 | 1,610 | 1,606 | |
| Nonoperating income | 52 | 48 | 58 | 56 | 28 | 16 | 21 | |
| Investment income, nonoperating | 52 | 48 | 58 | 56 | 28 | 16 | 17 | |
| Foreign currency transaction gain, before tax | 4 | |||||||
| Interest and debt expense | (179) | (161) | (133) | (128) | (103) | (71) | (60) | |
| Income from continuing operations before equity method investments, income taxes: | 1,207 | 493 | 2,238 | 1,980 | 1,617 | 1,555 | 1,567 | |
| Other undisclosed income (loss) from continuing operations before income taxes | (31) | 553 | 69 | (7) | ||||
| Income from continuing operations before income taxes: | 1,176 | 1,046 | 2,307 | 1,980 | 1,617 | 1,555 | 1,561 | |
| Income tax expense | (237) | (350) | (513) | (863) | (361) | (434) | (467) | |
| Net income: | 939 | 696 | 1,794 | 1,117 | 1,256 | 1,121 | 1,093 | |
| Net loss attributable to noncontrolling interest | (11) | (12) | (9) | (9) | (7) | (6) | (5) | |
| Net income available to common stockholders, diluted: | 928 | 684 | 1,785 | 1,108 | 1,249 | 1,115 | 1,089 | |
Comprehensive Income ($ in millions)
| 12/31/2020 TTM | 6/30/2020 | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 939 | 696 | 1,794 | 1,117 | 1,256 | 1,121 | 1,093 | |
| Other comprehensive income (loss) | 189 | (102) | (129) | 82 | 61 | (164) | (283) | |
| Comprehensive income: | 1,128 | 594 | 1,665 | 1,199 | 1,317 | 957 | 810 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (14) | (12) | (9) | (9) | (7) | (6) | (2) | |
| Comprehensive income, net of tax, attributable to parent: | 1,114 | 582 | 1,656 | 1,190 | 1,310 | 951 | 808 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.