Short answer
Estée Lauder Companies (The) (EL) filed its fiscal 2025 10-K annual report with the SEC on Aug 20, 2025. It reported revenue of $14.3B (−8.2% year over year) and net income of −$1.1B.
- Top risk flagged: Cybersecurity risk managed by CISO with 20+ years experience and multiple certifications, reporting to Audit Committee at least semi-annually
FY2025 key financial metrics · XBRL
- Revenue
- $14.3B
- −8.2% YoY
- Net income
- −$1.1B
- −390.5% YoY
- Operating margin
- -5.5%
- −11.7 pp YoY
- Gross margin
- 74.0%
- +2.3 pp YoY
- EPS (diluted)
- −$3.15
- −391.7% YoY
- ROE
- -29.3%
- −36.7 pp YoY
- Operating cash flow
- $1.3B
- −46.1% YoY
Source: XBRL data from the Estée Lauder Companies (The) (EL) FY2025 10-K on SEC EDGAR. USD.
Estée Lauder Companies (The) FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business: Global beauty products company focused on skincare, makeup, fragrance, and hair care brands
- No new products, services, or segments introduced or emphasized in 2025 filing text provided
- No strategic shifts or changes in competitive positioning detailed in this section
- Equity compensation plans: 14.2M shares issuable on outstanding options/rights, 15.3M shares available for future issuance as of June 30, 2025
- Total shares outstanding could increase 8% to ~389.3M if all convertible securities exercised
Management Discussion & Analysis
- Revenue $14.33B, down 8% YoY ($1.28B decline) led by Skin Care ($946M down, -12%) and Makeup ($265M down, -6%)
- Operating margin (loss) -5.5% vs 6.2% in prior year; operating loss $785M vs income $970M; adjusted operating income fell 28% YoY
- Best performing segment Skin Care operating income $574M (-22%); worst Makeup operating loss $441M vs prior income $93M (100+% decline)
- Cash and equivalents $2.92B down from $3.40B; total debt 65% of capitalization up from 59%; ongoing buybacks, dividends, capex supported by cash flow
- Outlook: Inflationary pressures expected to persist; management plans pricing increases and efficiency gains to offset cost pressures; credit rated A-/A3 with negative outlook
Risk Factors
- Cybersecurity risk managed by CISO with 20+ years experience and multiple certifications, reporting to Audit Committee at least semi-annually
- Potential operational disruption from evolving cyber threat landscape requiring ongoing prevention, detection, and remediation efforts
Generated from the filing text; verify against the original. How to read a 10-K
Other Estée Lauder Companies (The) annual reports
Ask about this 10-K
Compare years, dig into a risk factor or check the numbers against insider trades and fund holders.