Analysis of Profitability Ratios
Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
e.l.f. Beauty, Inc., profitability ratios
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).
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | e.l.f. Beauty, Inc. gross profit margin ratio improved from 2022 to 2023 and from 2023 to 2024. |
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | e.l.f. Beauty, Inc. operating profit margin ratio improved from 2022 to 2023 and from 2023 to 2024. |
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | e.l.f. Beauty, Inc. net profit margin ratio improved from 2022 to 2023 and from 2023 to 2024. |
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | e.l.f. Beauty, Inc. ROE improved from 2022 to 2023 and from 2023 to 2024. |
| ROA | A profitability ratio calculated as net income divided by total assets. | e.l.f. Beauty, Inc. ROA improved from 2022 to 2023 and from 2023 to 2024. |
Gross Profit Margin
e.l.f. Beauty, Inc., gross profit margin calculation, comparison to benchmarks
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Gross profit | 724,096) | 390,396) | 251,732) | 206,198) | 181,123) | |
| Net sales | 1,023,932) | 578,844) | 392,155) | 318,110) | 282,851) | |
| Profitability Ratio | ||||||
| Gross profit margin1 | 70.72% | 67.44% | 64.19% | 64.82% | 64.03% | |
| Benchmarks | ||||||
| Gross Profit Margin, Competitors2 | ||||||
| Procter & Gamble Co. | 51.39% | 47.86% | 47.43% | 51.25% | 50.32% | |
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).
1 2024 Calculation
Gross profit margin = 100 × Gross profit ÷ Net sales
= 100 × 724,096 ÷ 1,023,932 = 70.72%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | e.l.f. Beauty, Inc. gross profit margin ratio improved from 2022 to 2023 and from 2023 to 2024. |
Operating Profit Margin
e.l.f. Beauty, Inc., operating profit margin calculation, comparison to benchmarks
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Operating income | 149,678) | 68,143) | 29,770) | 9,400) | 29,950) | |
| Net sales | 1,023,932) | 578,844) | 392,155) | 318,110) | 282,851) | |
| Profitability Ratio | ||||||
| Operating profit margin1 | 14.62% | 11.77% | 7.59% | 2.95% | 10.59% | |
| Benchmarks | ||||||
| Operating Profit Margin, Competitors2 | ||||||
| Procter & Gamble Co. | 22.07% | 22.11% | 22.21% | 23.63% | 22.14% | |
| Operating Profit Margin, Sector | ||||||
| Household & Personal Products | — | 22.04% | 22.14% | 23.54% | 22.09% | |
| Operating Profit Margin, Industry | ||||||
| Consumer Staples | — | 7.92% | 9.24% | 9.18% | 8.95% | |
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).
1 2024 Calculation
Operating profit margin = 100 × Operating income ÷ Net sales
= 100 × 149,678 ÷ 1,023,932 = 14.62%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | e.l.f. Beauty, Inc. operating profit margin ratio improved from 2022 to 2023 and from 2023 to 2024. |
Net Profit Margin
e.l.f. Beauty, Inc., net profit margin calculation, comparison to benchmarks
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net income | 127,663) | 61,530) | 21,770) | 6,232) | 17,884) | |
| Net sales | 1,023,932) | 578,844) | 392,155) | 318,110) | 282,851) | |
| Profitability Ratio | ||||||
| Net profit margin1 | 12.47% | 10.63% | 5.55% | 1.96% | 6.32% | |
| Benchmarks | ||||||
| Net Profit Margin, Competitors2 | ||||||
| Procter & Gamble Co. | 17.70% | 17.87% | 18.38% | 18.79% | 18.36% | |
| Net Profit Margin, Sector | ||||||
| Household & Personal Products | — | 17.82% | 18.32% | 18.72% | 18.31% | |
| Net Profit Margin, Industry | ||||||
| Consumer Staples | — | 5.80% | 6.41% | 6.12% | 6.36% | |
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).
1 2024 Calculation
Net profit margin = 100 × Net income ÷ Net sales
= 100 × 127,663 ÷ 1,023,932 = 12.47%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | e.l.f. Beauty, Inc. net profit margin ratio improved from 2022 to 2023 and from 2023 to 2024. |
Return on Equity (ROE)
e.l.f. Beauty, Inc., ROE calculation, comparison to benchmarks
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net income | 127,663) | 61,530) | 21,770) | 6,232) | 17,884) | |
| Stockholders’ equity | 642,572) | 411,017) | 312,429) | 269,646) | 242,171) | |
| Profitability Ratio | ||||||
| ROE1 | 19.87% | 14.97% | 6.97% | 2.31% | 7.38% | |
| Benchmarks | ||||||
| ROE, Competitors2 | ||||||
| Procter & Gamble Co. | 29.59% | 31.33% | 31.64% | 30.85% | 28.00% | |
| ROE, Sector | ||||||
| Household & Personal Products | — | 31.18% | 31.48% | 30.68% | 27.90% | |
| ROE, Industry | ||||||
| Consumer Staples | — | 37.38% | 38.52% | 35.49% | 35.93% | |
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).
1 2024 Calculation
ROE = 100 × Net income ÷ Stockholders’ equity
= 100 × 127,663 ÷ 642,572 = 19.87%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | e.l.f. Beauty, Inc. ROE improved from 2022 to 2023 and from 2023 to 2024. |
Return on Assets (ROA)
e.l.f. Beauty, Inc., ROA calculation, comparison to benchmarks
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Net income | 127,663) | 61,530) | 21,770) | 6,232) | 17,884) | |
| Total assets | 1,129,247) | 595,601) | 494,632) | 487,393) | 453,104) | |
| Profitability Ratio | ||||||
| ROA1 | 11.31% | 10.33% | 4.40% | 1.28% | 3.95% | |
| Benchmarks | ||||||
| ROA, Competitors2 | ||||||
| Procter & Gamble Co. | 12.16% | 12.13% | 12.58% | 11.99% | 10.79% | |
| ROA, Sector | ||||||
| Household & Personal Products | — | 12.12% | 12.54% | 11.95% | 10.77% | |
| ROA, Industry | ||||||
| Consumer Staples | — | 8.97% | 9.64% | 8.80% | 8.55% | |
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).
1 2024 Calculation
ROA = 100 × Net income ÷ Total assets
= 100 × 127,663 ÷ 1,129,247 = 11.31%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROA | A profitability ratio calculated as net income divided by total assets. | e.l.f. Beauty, Inc. ROA improved from 2022 to 2023 and from 2023 to 2024. |