Common-Size Income Statement
Paying user area
Try for free
e.l.f. Beauty, Inc. pages available for free this week:
- Balance Sheet: Assets
- Common-Size Balance Sheet: Assets
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Solvency Ratios
- Analysis of Long-term (Investment) Activity Ratios
- Common Stock Valuation Ratios
- Enterprise Value to EBITDA (EV/EBITDA)
- Debt to Equity since 2016
- Price to Sales (P/S) since 2016
- Aggregate Accruals
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to e.l.f. Beauty, Inc. for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
e.l.f. Beauty, Inc., common-size consolidated income statement
Based on: 10-K (reporting date: 2024-03-31), 10-K (reporting date: 2023-03-31), 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31).
- Gross Profit Margins
- The gross profit margin demonstrated an overall positive trend, increasing steadily from 64.03% in 2020 to 70.72% in 2024. This reflects improved cost management or favorable pricing strategies, as the cost of sales decreased from -35.97% to -29.28% during the same period.
- Selling, General and Administrative Expenses (SG&A)
- SG&A expenses fluctuated over the years, peaking at -61.03% in 2021 before decreasing slightly and stabilizing around -56% in subsequent years. Despite the fluctuations, this expense remained a significant component relative to net sales, indicating consistent investment in operational activities.
- Restructuring Expense
- Restructuring expense was notable in 2020 with a positive impact of 2.11%, followed by minor negative impacts in 2021 and 2022. No data was provided for 2023 and 2024, suggesting either no restructuring or a lack of reported data during these years.
- Operating Income
- Operating income exhibited variability but maintained an upward trajectory overall, starting at 10.59% in 2020, dropping sharply to 2.95% in 2021, and then improving each year to reach 14.62% in 2024. This indicates enhanced operational efficiency and profitability over the period.
- Other Income and Expenses
- Other income and expenses net showed minor volatility, with negative impacts from 2021 through 2023, but a slight positive return of 0.12% in 2024. This item did not significantly affect overall profitability trends.
- Interest Expenses and Income
- Interest-related expenses generally declined from 2020 to 2022, with net interest expense dropping from -2.23% to -0.62%, indicating reduced debt costs or improved financing terms. However, in 2024, net interest expense increased again to -0.69%. Interest income was minimal but showed a small increase in later years, reaching 0.47% in 2024.
- Impairment and Debt Charges
- There was a notable impairment of equity investment expense recorded as -0.28% in 2024, which had not appeared in prior years. Additionally, loss on extinguishment of debt slightly impacted results in 2022 and 2023 but was absent in 2024.
- Income Before Taxes and Net Income
- Income before provision for income taxes followed a pattern similar to operating income, dipping sharply in 2021 and progressively increasing to 13.77% by 2024. Correspondingly, net income as a percentage of net sales increased from 6.32% in 2020 to 12.47% in 2024, with a significant low point in 2021 at 1.96% and continuous improvement thereafter.
- Income Tax Provision
- The income tax provision varied, showing a tax benefit in 2021 (0.8%) and returns to tax expense in other years, rising to -1.3% of net sales by 2024. This fluctuation impacted the net income margin but did not offset the overall improving profitability trend.