The Estée Lauder Companies Inc. (EL)

EL Cash Flow Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Net Income	-178	-1,133	390	1,006	2,390	2,870
Depreciation & Amortization	811	829	825	744	727	651
Loss (Gain) From Sale of Assets	20	19	9	13	8	23
Asset Writedown & Restructuring Costs	446	1,306	478	243	255	264
Loss (Gain) From Sale of Investments	-	-	-	-	-1	-847
Stock-Based Compensation	306	304	325	267	331	327
Other Operating Activities	-104	-402	-298	-186	-116	-211
Change in Accounts Receivable	25	230	-285	185	-10	-398
Change in Inventory	231	184	766	-64	-602	-140
Change in Accounts Payable	80	21	-38	-333	210	440
Change in Other Net Operating Assets	33	-86	188	-144	-152	652
Operating Cash Flow	1,670	1,272	2,360	1,731	3,040	3,631
Operating Cash Flow Growth	-7.74%	-46.10%	36.34%	-43.06%	-16.28%	59.25%
Capital Expenditures	-533	-602	-919	-1,003	-1,040	-637
Sale of Property, Plant & Equipment	3	3	-	-	-	-
Cash Acquisitions	-	-	-	-	-3	-1,065
Sale (Purchase) of Intangibles	-	-	-	-2,286	-	-
Investment in Securities	3	-1	-18	-8	-10	-42
Other Investing Activities	-10	-23	-23	80	108	-120
Investing Cash Flow	-537	-623	-960	-3,217	-945	-1,864
Short-Term Debt Issued	-	-	-	983	-	-
Long-Term Debt Issued	-	-	648	1,995	-	596
Total Debt Issued	-	-	648	2,978	-	596
Short-Term Debt Repaid	-	-	-1,000	-	-4	-744
Long-Term Debt Repaid	-	-505	-10	-265	-18	-459
Total Debt Repaid	-5	-505	-1,010	-265	-22	-1,203
Net Debt Issued (Repaid)	-5	-505	-362	2,713	-22	-607
Issuance of Common Stock	46	15	40	88	151	215
Repurchase of Common Stock	-67	-35	-35	-271	-2,309	-733
Common Dividends Paid	-507	-618	-947	-925	-840	-753
Other Financing Activities	-152	-1	-731	-15	-16	-14
Financing Cash Flow	-685	-1,144	-2,035	1,590	-3,036	-1,892
Foreign Exchange Rate Adjustments	48	21	1	-32	-60	61
Net Cash Flow	496	-474	-634	72	-1,001	-64
Free Cash Flow	1,137	670	1,441	728	2,000	2,994
Free Cash Flow Growth	-0.70%	-53.51%	97.94%	-63.60%	-33.20%	80.69%
Free Cash Flow Margin	7.75%	4.68%	9.23%	4.58%	11.28%	18.46%
Free Cash Flow Per Share	3.15	1.86	3.99	2.02	5.48	8.13
Cash Interest Paid	342	353	359	235	163	166
Cash Income Tax Paid	598	630	550	665	760	664
Levered Free Cash Flow	1,695	1,573	1,509	-1,418	1,904	2,511
Unlevered Free Cash Flow	1,911	1,796	1,745	-1,259	2,008	2,619
Change in Working Capital	369	349	631	-356	-554	554

Updated Feb 5, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q