Stock Analysis on Net

Estée Lauder Cos. Inc. (NYSE:EL)

This company has been moved to the archive! The financial data has not been updated since August 18, 2023.

Analysis of Long-term (Investment) Activity Ratios
Quarterly Data

Microsoft Excel

Long-term Activity Ratios (Summary)

Estée Lauder Cos. Inc., long-term (investment) activity ratios (quarterly data)

Microsoft Excel
Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017
Net fixed asset turnover 5.00 5.24 5.62 6.51 6.69 7.27 7.23 7.23 7.11 6.98 6.62 6.72 6.96 7.39 7.60 7.55 7.19 7.70 7.64 7.58 7.51
Net fixed asset turnover (including operating lease, right-of-use asset) 3.20 3.26 3.44 3.83 3.86 4.00 3.89 3.81 3.63 3.41 3.18 3.17 3.30 3.41 3.44 3.36 7.19 7.70 7.64 7.58 7.51
Total asset turnover 0.68 0.70 0.79 0.86 0.85 0.85 0.80 0.79 0.74 0.74 0.72 0.78 0.80 0.84 0.88 0.99 1.13 1.13 1.12 1.11 1.09
Equity turnover 2.85 2.70 2.77 3.13 3.17 2.95 2.85 2.80 2.68 2.66 2.62 3.14 3.63 3.57 3.47 3.36 3.39 3.18 3.30 3.16 2.92

Based on: 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-K (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-K (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-K (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-K (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30).

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Estée Lauder Cos. Inc. net fixed asset turnover ratio deteriorated from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Net fixed asset turnover (including operating lease, right-of-use asset) An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). Estée Lauder Cos. Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) deteriorated from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Estée Lauder Cos. Inc. total asset turnover ratio deteriorated from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Estée Lauder Cos. Inc. equity turnover ratio deteriorated from Q2 2023 to Q3 2023 but then improved from Q3 2023 to Q4 2023 exceeding Q2 2023 level.

Net Fixed Asset Turnover

Estée Lauder Cos. Inc., net fixed asset turnover calculation (quarterly data)

Microsoft Excel
Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017
Selected Financial Data (US$ in millions)
Net sales 3,609 3,751 4,620 3,930 3,561 4,245 5,539 4,392 3,936 3,864 4,853 3,562 2,430 3,345 4,624 3,895 3,590 3,744 4,005 3,524 3,295 3,370 3,744 3,274
Property, plant and equipment, net 3,179 3,026 2,908 2,654 2,650 2,493 2,451 2,358 2,280 2,106 2,142 2,077 2,055 2,092 2,086 2,018 2,068 1,891 1,859 1,838 1,823 1,726 1,728 1,695
Long-term Activity Ratio
Net fixed asset turnover1 5.00 5.24 5.62 6.51 6.69 7.27 7.23 7.23 7.11 6.98 6.62 6.72 6.96 7.39 7.60 7.55 7.19 7.70 7.64 7.58 7.51
Benchmarks
Net Fixed Asset Turnover, Competitors2
Procter & Gamble Co. 3.74 3.75 3.79 3.91 3.78 3.73 3.67 3.61 3.51 3.55 3.45 3.47 3.43 3.44 3.28 3.29 3.18

Based on: 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-K (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-K (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-K (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-K (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30).

1 Q4 2023 Calculation
Net fixed asset turnover = (Net salesQ4 2023 + Net salesQ3 2023 + Net salesQ2 2023 + Net salesQ1 2023) ÷ Property, plant and equipment, net
= (3,609 + 3,751 + 4,620 + 3,930) ÷ 3,179 = 5.00

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. Estée Lauder Cos. Inc. net fixed asset turnover ratio deteriorated from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.

Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)

Estée Lauder Cos. Inc., net fixed asset turnover (including operating lease, right-of-use asset) calculation (quarterly data)

Microsoft Excel
Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017
Selected Financial Data (US$ in millions)
Net sales 3,609 3,751 4,620 3,930 3,561 4,245 5,539 4,392 3,936 3,864 4,853 3,562 2,430 3,345 4,624 3,895 3,590 3,744 4,005 3,524 3,295 3,370 3,744 3,274
 
Property, plant and equipment, net 3,179 3,026 2,908 2,654 2,650 2,493 2,451 2,358 2,280 2,106 2,142 2,077 2,055 2,092 2,086 2,018 2,068 1,891 1,859 1,838 1,823 1,726 1,728 1,695
Operating lease right-of-use assets 1,797 1,843 1,847 1,858 1,949 2,034 2,102 2,113 2,190 2,212 2,325 2,322 2,282 2,446 2,517 2,516
Property, plant and equipment, net (including operating lease, right-of-use asset) 4,976 4,869 4,755 4,512 4,599 4,527 4,553 4,471 4,470 4,318 4,467 4,399 4,337 4,538 4,603 4,534 2,068 1,891 1,859 1,838 1,823 1,726 1,728 1,695
Long-term Activity Ratio
Net fixed asset turnover (including operating lease, right-of-use asset)1 3.20 3.26 3.44 3.83 3.86 4.00 3.89 3.81 3.63 3.41 3.18 3.17 3.30 3.41 3.44 3.36 7.19 7.70 7.64 7.58 7.51

Based on: 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-K (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-K (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-K (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-K (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30).

1 Q4 2023 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset) = (Net salesQ4 2023 + Net salesQ3 2023 + Net salesQ2 2023 + Net salesQ1 2023) ÷ Property, plant and equipment, net (including operating lease, right-of-use asset)
= (3,609 + 3,751 + 4,620 + 3,930) ÷ 4,976 = 3.20

Long-term activity ratio Description The company
Net fixed asset turnover (including operating lease, right-of-use asset) An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). Estée Lauder Cos. Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) deteriorated from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.

Total Asset Turnover

Estée Lauder Cos. Inc., total asset turnover calculation (quarterly data)

Microsoft Excel
Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017
Selected Financial Data (US$ in millions)
Net sales 3,609 3,751 4,620 3,930 3,561 4,245 5,539 4,392 3,936 3,864 4,853 3,562 2,430 3,345 4,624 3,895 3,590 3,744 4,005 3,524 3,295 3,370 3,744 3,274
Total assets 23,415 22,715 20,731 19,989 20,910 21,359 22,078 21,580 21,971 19,900 19,595 17,903 17,781 18,363 17,937 15,431 13,156 12,931 12,676 12,543 12,567 12,772 12,604 12,202
Long-term Activity Ratio
Total asset turnover1 0.68 0.70 0.79 0.86 0.85 0.85 0.80 0.79 0.74 0.74 0.72 0.78 0.80 0.84 0.88 0.99 1.13 1.13 1.12 1.11 1.09
Benchmarks
Total Asset Turnover, Competitors2
Procter & Gamble Co. 0.68 0.68 0.68 0.69 0.68 0.66 0.65 0.64 0.64 0.64 0.62 0.60 0.59 0.59 0.62 0.60 0.59

Based on: 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-K (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-K (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-K (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-K (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30).

1 Q4 2023 Calculation
Total asset turnover = (Net salesQ4 2023 + Net salesQ3 2023 + Net salesQ2 2023 + Net salesQ1 2023) ÷ Total assets
= (3,609 + 3,751 + 4,620 + 3,930) ÷ 23,415 = 0.68

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Total asset turnover An activity ratio calculated as total revenue divided by total assets. Estée Lauder Cos. Inc. total asset turnover ratio deteriorated from Q2 2023 to Q3 2023 and from Q3 2023 to Q4 2023.

Equity Turnover

Estée Lauder Cos. Inc., equity turnover calculation (quarterly data)

Microsoft Excel
Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017
Selected Financial Data (US$ in millions)
Net sales 3,609 3,751 4,620 3,930 3,561 4,245 5,539 4,392 3,936 3,864 4,853 3,562 2,430 3,345 4,624 3,895 3,590 3,744 4,005 3,524 3,295 3,370 3,744 3,274
Stockholders’ equity, The Estée Lauder Companies Inc. 5,585 5,877 5,902 5,517 5,590 6,150 6,218 6,081 6,057 5,528 5,421 4,452 3,935 4,329 4,574 4,530 4,386 4,588 4,306 4,406 4,688 4,711 4,565 4,731
Long-term Activity Ratio
Equity turnover1 2.85 2.70 2.77 3.13 3.17 2.95 2.85 2.80 2.68 2.66 2.62 3.14 3.63 3.57 3.47 3.36 3.39 3.18 3.30 3.16 2.92
Benchmarks
Equity Turnover, Competitors2
Procter & Gamble Co. 1.75 1.79 1.81 1.83 1.72 1.75 1.76 1.67 1.64 1.61 1.54 1.50 1.53 1.54 1.53 1.48 1.43

Based on: 10-K (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-Q (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-K (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-Q (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-K (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-Q (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-K (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-Q (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-K (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-Q (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-K (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-Q (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30).

1 Q4 2023 Calculation
Equity turnover = (Net salesQ4 2023 + Net salesQ3 2023 + Net salesQ2 2023 + Net salesQ1 2023) ÷ Stockholders’ equity, The Estée Lauder Companies Inc.
= (3,609 + 3,751 + 4,620 + 3,930) ÷ 5,585 = 2.85

2 Click competitor name to see calculations.

Long-term activity ratio Description The company
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. Estée Lauder Cos. Inc. equity turnover ratio deteriorated from Q2 2023 to Q3 2023 but then improved from Q3 2023 to Q4 2023 exceeding Q2 2023 level.