The Estée Lauder Companies Inc. (EL) balance sheet
NYSE · Consumer Defensive · Household & Personal Products · 41,800 employees · CEO Stephane de la Faverie
- Price
- $109.23 +0.39%
- Market cap
- $39.6B
- Enterprise value
- $45.3B
- Last report
- Q4 '26 filed 2026-08-19
- Next report
- 2026-11-02 EPS est. $0.51
At the end of Q4 '26 The Estée Lauder Companies Inc. (EL) held $3.5B in cash and short-term investments against $9.25B of debt incl. leases. Total assets $19.8B, total liabilities $16B, shareholders' equity $3.81B.
Balance sheet
| Balance sheet | Trend | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $3.09B | $3.94B | $3.7B | $3.4B | $2.35B | $2.59B | $2.63B | $2.92B | $2.22B | $3.08B | $3.13B | $3.5B | |
| Receivables | $1.91B | $1.75B | $1.85B | $1.73B | $1.98B | $1.61B | $1.79B | $1.53B | $1.88B | $1.66B | $1.75B | $1.52B | |
| Inventory | $2.86B | $2.6B | $2.31B | $2.18B | $2.26B | $2B | $1.96B | $2.07B | $2.06B | $1.9B | $1.92B | $2B | |
| Other current assets | $723M | $621M | $672M | $625M | $633M | $697M | $635M | $544M | $549M | $524M | $707M | $597M | |
| Current assets | $8.59B | $8.92B | $8.53B | $7.92B | $7.22B | $6.9B | $7.02B | $7.07B | $6.71B | $7.16B | $7.5B | $7.61B | |
| Property, plant & equipment (net) | $4.89B | $5.04B | $4.97B | $4.97B | $5.21B | $4.94B | $4.93B | $5.12B | $5.37B | $5.24B | $4.63B | $4.94B | |
| Long-term investments | $0 | $0 | $0 | $72M | $27M | $71M | $52M | $40M | $51M | $88M | $99M | $17M | |
| Goodwill | $2.46B | $2.5B | $2.45B | $2.14B | $2.16B | $2.07B | $2.08B | $2.14B | $2.12B | $2.14B | $2.12B | $2.11B | |
| Intangible assets | $5.52B | $5.55B | $5.44B | $5.18B | $5.21B | $4.16B | $4.13B | $3.76B | $3.71B | $3.7B | $3.64B | $3.58B | |
| Deferred tax assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.34B | $0 | $0 | $0 | $0 | |
| Other non-current assets | $1.21B | $1.28B | $1.31B | $1.39B | $1.5B | $1.62B | $1.67B | $426M | $1.37B | $1.32B | $1.69B | $1.5B | |
| Non-current assets | $14.1B | $14.4B | $14.2B | $13.8B | $14.1B | $12.9B | $12.9B | $12.8B | $12.6B | $12.5B | $12.2B | $12.2B | |
| Total assets | $22.7B | $23.3B | $22.7B | $21.7B | $21.3B | $19.8B | $19.9B | $19.9B | $19.3B | $19.6B | $19.7B | $19.8B | |
| Liabilities | |||||||||||||
| Accounts payable | $1.26B | $1.25B | $1.2B | $1.44B | $1.14B | $1.13B | $1.21B | $1.5B | $1.29B | $1.26B | $1.32B | $1.58B | |
| Accrued expenses | $684M | $2.28B | $1.92B | $1.83B | $2.14B | $2.14B | $2.05B | $551M | $2.41B | $2.6B | $2.69B | $2.57B | |
| Short-term debt | $1.01B | $1.5B | $505M | $504M | $504M | $4M | $3M | $3M | $3M | $3M | $502M | $503M | |
| Taxes payable | $1.5B | $333M | $315M | $335M | $538M | $572M | $0 | $0 | $0 | $0 | $0 | $0 | |
| Deferred revenue | $336M | $370M | $306M | $327M | $338M | $338M | $276M | $314M | $332M | $327M | $294M | $282M | |
| Other current liabilities | $472M | $475M | $507M | $909M | $798M | $815M | $820M | $2.38B | $432M | $481M | $559M | $697M | |
| Current liabilities | $5.91B | $6.57B | $5.42B | $5.7B | $5.49B | $5.03B | $4.96B | $5.44B | $5.08B | $5.27B | $5.91B | $6.23B | |
| Long-term debt | $7.09B | $6.64B | $7.27B | $7.27B | $7.31B | $7.28B | $7.3B | $7.29B | $7.32B | $7.32B | $6.81B | $6.8B | |
| Lease obligations (non-current) | $1.69B | $1.7B | $1.71B | $1.7B | $1.8B | $1.71B | $1.68B | $1.77B | $1.68B | $1.66B | $1.59B | $1.54B | |
| Other non-current liabilities | $1.79B | $1.81B | $1.73B | $1.69B | $1.63B | $1.58B | $1.6B | $1.53B | $1.35B | $1.36B | $1.36B | $1.38B | |
| Non-current liabilities | $10.6B | $10.1B | $10.7B | $10.7B | $10.7B | $10.6B | $10.6B | $10.6B | $10.4B | $10.3B | $9.76B | $9.73B | |
| Total liabilities | $16.5B | $16.7B | $16.1B | $16.4B | $16.2B | $15.6B | $15.5B | $16B | $15.4B | $15.6B | $15.7B | $16B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $6M | $6M | $6M | $6M | $6M | $6M | $6M | $6M | $6M | $6M | $6M | $6M | |
| Retained earnings | $13.8B | $13.9B | $14B | $13.4B | $13B | $12.3B | $12.3B | $11.7B | $11.6B | $11.6B | $11.6B | $11.3B | |
| Accumulated other comprehensive income | -$1.06B | -$856M | -$1.01B | -$1.14B | -$1.06B | -$1.34B | -$1.27B | -$1.13B | -$1.14B | -$1.08B | -$1.16B | -$1.15B | |
| Shareholders' equity | $5.34B | $5.71B | $5.74B | $5.31B | $5.08B | $4.17B | $4.35B | $3.87B | $3.89B | $4.03B | $3.99B | $3.81B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $10.1B | $10.2B | $9.84B | $9.83B | $10B | $9.38B | $9.38B | $9.47B | $9.42B | $9.39B | $9.3B | $9.25B | |
| Net debt (debt - cash) | $7.04B | $6.26B | $6.14B | $6.43B | $7.66B | $6.8B | $6.75B | $6.55B | $7.2B | $6.31B | $6.17B | $5.75B | |
| Balance sheet | Trend | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $1.14B | $2.18B | $2.99B | $5.02B | $4.96B | $3.96B | $4.03B | $3.4B | $2.92B | $3.5B | |
| Short-term investments | $605M | $534M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Receivables | $1.4B | $1.49B | $1.83B | $1.19B | $1.7B | $1.63B | $1.45B | $1.73B | $1.53B | $1.52B | |
| Inventory | $1.48B | $1.62B | $2.01B | $2.06B | $2.51B | $2.92B | $2.98B | $2.18B | $2.07B | $2B | |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $679M | $625M | $544M | $597M | |
| Current assets | $4.96B | $6.17B | $7.21B | $8.89B | $9.77B | $9.3B | $9.14B | $7.92B | $7.07B | $7.61B | |
| Property, plant & equipment (net) | $1.67B | $1.82B | $2.07B | $4.34B | $4.47B | $4.6B | $4.98B | $4.97B | $5.12B | $4.94B | |
| Long-term investments | $1.03B | $843M | $177M | $0 | $0 | $0 | $0 | $72M | $40M | $17M | |
| Goodwill | $1.92B | $1.93B | $1.87B | $1.4B | $2.62B | $2.52B | $2.49B | $2.14B | $2.14B | $2.11B | |
| Intangible assets | $1.33B | $1.28B | $1.2B | $2.34B | $4.1B | $3.43B | $5.6B | $5.18B | $3.76B | $3.58B | |
| Deferred tax assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.34B | $0 | |
| Other non-current assets | $664M | $531M | $628M | $813M | $1.02B | $1.06B | $1.21B | $1.39B | $426M | $1.5B | |
| Non-current assets | $6.6B | $6.4B | $5.94B | $8.89B | $12.2B | $11.6B | $14.3B | $13.8B | $12.8B | $12.2B | |
| Total assets | $11.6B | $12.6B | $13.2B | $17.8B | $22B | $20.9B | $23.4B | $21.7B | $19.9B | $19.8B | |
| Liabilities | |||||||||||
| Accounts payable | $835M | $1.18B | $1.49B | $1.18B | $1.69B | $1.82B | $1.67B | $1.44B | $1.5B | $1.58B | |
| Accrued expenses | $1.09B | $1.33B | $1.71B | $1.51B | $1.84B | $2.36B | $1.83B | $2.17B | $551M | $2.57B | |
| Short-term debt | $189M | $183M | $516M | $1.22B | $32M | $268M | $997M | $504M | $3M | $503M | |
| Taxes payable | $190M | $190M | $0 | $250M | $359M | $345M | $519M | $335M | $0 | $0 | |
| Deferred revenue | $0 | $33M | $314M | $222M | $322M | $312M | $323M | $327M | $314M | $282M | |
| Other current liabilities | $522M | $579M | $574M | $424M | $670M | $693M | $546M | $576M | $2.38B | $697M | |
| Current liabilities | $2.82B | $3.31B | $4.61B | $5.18B | $5.3B | $5.82B | $6.24B | $5.7B | $5.44B | $6.23B | |
| Long-term debt | $3.38B | $3.36B | $2.9B | $4.91B | $5.54B | $5.14B | $7.12B | $7.27B | $7.29B | $6.8B | |
| Lease obligations (non-current) | $0 | $0 | $0 | $2.28B | $2.15B | $1.87B | $1.7B | $1.7B | $1.77B | $1.54B | |
| Other non-current liabilities | $960M | $1.19B | $1.24B | $1.45B | $2.04B | $1.65B | $1.94B | $1.69B | $1.53B | $1.38B | |
| Non-current liabilities | $4.34B | $4.55B | $4.14B | $8.64B | $9.73B | $8.66B | $10.8B | $10.7B | $10.6B | $9.73B | |
| Total liabilities | $7.17B | $7.86B | $8.75B | $13.8B | $15B | $14.5B | $17B | $16.4B | $16B | $16B | |
| Equity | |||||||||||
| Common stock & paid-in capital | $6M | $6M | $6M | $6M | $6M | $6M | $6M | $6M | $6M | $6M | |
| Retained earnings | $8.45B | $9.04B | $9.98B | $10.1B | $12.2B | $13.9B | $14B | $13.4B | $11.7B | $11.3B | |
| Accumulated other comprehensive income | -$484M | -$434M | -$563M | -$665M | -$470M | -$762M | -$934M | -$1.14B | -$1.13B | -$1.15B | |
| Shareholders' equity | $4.38B | $4.69B | $4.39B | $3.94B | $6.06B | $5.59B | $5.59B | $5.31B | $3.87B | $3.81B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $3.57B | $3.54B | $3.41B | $8.79B | $8.1B | $7.65B | $10.2B | $9.83B | $9.47B | $9.25B | |
| Net debt (debt - cash) | $2.44B | $1.36B | $425M | $3.77B | $3.14B | $3.69B | $6.14B | $6.43B | $6.55B | $5.75B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-K 2026-06-30, 10-Q 2026-03-31, 10-Q 2025-12-31, 10-Q 2025-09-30, 10-K 2025-06-30, 10-Q 2025-03-31, 10-Q 2024-12-31, 10-Q 2024-09-30, 10-K 2024-06-30
Data as of 2026-11-02