Estee Lauder Companies Inc (EL)
Gross profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 11,184,000 | 11,346,000 | 13,432,000 | 12,381,000 | 10,742,000 |
| Revenue | US$ in thousands | 15,298,000 | 15,699,000 | 17,552,000 | 16,007,000 | 14,164,000 |
| Gross profit margin | 73.11% | 72.27% | 76.53% | 77.35% | 75.84% |
June 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $11,184,000K ÷ $15,298,000K
= 73.11%
Estee Lauder Companies Inc's gross profit margin has fluctuated over the past five years. It experienced a slight increase in the most recent fiscal year, as of June 30, 2024, reaching 73.11%, up from 72.27% in the previous year. However, compared to the margins in fiscal years 2022, 2021, and 2020, the current figure is lower. This downward trend over the past three years suggests potential challenges in managing production costs or pricing strategies. Further in-depth analysis is warranted to identify specific factors contributing to the changes in the company's gross profit margin over the years.
Peer comparison
Jun 30, 2024