Estee Lauder Companies Inc (EL)
Current ratio
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 7,069,000 | 7,017,000 | 6,896,000 | 7,215,000 | 7,922,000 | 8,534,000 | 8,915,000 | 8,585,000 | 9,139,000 | 11,247,000 | 9,367,000 | 8,866,000 | 9,298,000 | 9,500,000 | 9,955,000 | 9,486,000 | 9,768,000 | 10,997,000 | 10,291,000 | 8,795,000 |
| Total current liabilities | US$ in thousands | 5,435,000 | 4,964,000 | 5,031,000 | 5,486,000 | 5,702,000 | 5,416,000 | 6,574,000 | 5,914,000 | 6,240,000 | 7,700,000 | 5,655,000 | 5,271,000 | 5,815,000 | 5,414,000 | 5,762,000 | 5,319,000 | 5,298,000 | 5,197,000 | 5,420,000 | 4,744,000 |
| Current ratio | 1.30 | 1.41 | 1.37 | 1.32 | 1.39 | 1.58 | 1.36 | 1.45 | 1.46 | 1.46 | 1.66 | 1.68 | 1.60 | 1.75 | 1.73 | 1.78 | 1.84 | 2.12 | 1.90 | 1.85 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $7,069,000K ÷ $5,435,000K
= 1.30
The current ratio of Estee Lauder Companies Inc. has experienced fluctuations over the analyzed period, reflecting changes in liquidity position. Starting at 1.85 as of September 30, 2020, the ratio increased to a peak of 2.12 by March 31, 2021, indicating a relatively strong liquidity position at that time. Subsequently, the ratio declined gradually, reaching 1.60 by June 30, 2022, and continued to decrease somewhat to around 1.46 during the first quarter of 2023.
The trend suggests a consistent decline in the company's short-term liquidity over the recent years, with the ratio reaching its lowest point of approximately 1.30 as of June 30, 2025. Despite this downward trajectory, the current ratio consistently remains above 1.0 throughout the period, indicating that current assets generally surpass current liabilities, thus maintaining a baseline of liquidity sufficiency.
In summary, while the company's current ratio has declined from its early high, it has remained within a moderate range, implying a cautious but continued ability to meet short-term obligations. The decline may suggest increased short-term liabilities or reduced liquidity buffers, warranting ongoing monitoring for any material shifts in liquidity management.
Peer comparison
Jun 30, 2025