Stock Analysis on Net

e.l.f. Beauty, Inc. (NYSE:ELF)

This company has been moved to the archive! The financial data has not been updated since August 9, 2024.

Analysis of Profitability Ratios

Microsoft Excel

Profitability Ratios (Summary)

e.l.f. Beauty, Inc., profitability ratios

Microsoft Excel
Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021 Mar 31, 2020
Return on Sales
Gross profit margin 70.72% 67.44% 64.19% 64.82% 64.03%
Operating profit margin 14.62% 11.77% 7.59% 2.95% 10.59%
Net profit margin 12.47% 10.63% 5.55% 1.96% 6.32%
Return on Investment
Return on equity (ROE) 19.87% 14.97% 6.97% 2.31% 7.38%
Return on assets (ROA) 11.31% 10.33% 4.40% 1.28% 3.95%

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).

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

Microsoft Excel
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

Microsoft Excel
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, Industry
Consumer Staples 7.91% 9.22% 9.19% 8.88%

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

Microsoft Excel
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, Industry
Consumer Staples 5.80% 6.43% 6.12% 6.32%

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
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

Microsoft Excel
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, Industry
Consumer Staples 37.72% 38.84% 35.60% 35.51%

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

Microsoft Excel
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, Industry
Consumer Staples 9.00% 9.73% 8.87% 8.56%

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.