Estee Lauder Companies Inc (EL)
Net profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 409,000 | 1,010,000 | 2,401,000 | 2,863,000 | 684,000 |
| Revenue | US$ in thousands | 15,298,000 | 15,699,000 | 17,552,000 | 16,007,000 | 14,164,000 |
| Net profit margin | 2.67% | 6.43% | 13.68% | 17.89% | 4.83% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $409,000K ÷ $15,298,000K
= 2.67%
The net profit margin of Estee Lauder Companies Inc has shown variability over the past five years. The net profit margin has decreased from 17.89% in 2021 to 2.67% in 2024, indicating a significant decline in profitability. This downward trend suggests that the company's ability to generate profit from its revenue has weakened over the years. Factors such as changes in expenses, pricing strategies, competition, or economic conditions may have contributed to this decline. It is important for Estee Lauder Companies Inc to evaluate and address the underlying reasons for this decrease in net profit margin to ensure sustained profitability in the future.
Peer comparison
Jun 30, 2024