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e.l.f. Beauty ELF Operating margin

Operating margin at other companies

Procter & Gamble logo
Procter & GamblePG
23.2%-0.6pp
Estee Lauder Companies Inc. logo
Estee Lauder Companies Inc.EL
2.9%
Ulta Beauty, Inc. logo
Ulta Beauty, Inc.ULTA
12.4%-1.3pp
Colgate-Palmolive logo
Colgate-PalmoliveCL
15.4%-6.2pp
Kenvue logo
KenvueKVUE
17.2%+5.1pp
AbbVie logo
AbbVieABBV
24.4%

Other financials

Income statement

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Revenue$449.3M+35.1%
Gross profit$326.5M+37.7%
Operating income$67.5M+92.5%
Net income-$49.4M-275%
EPS (diluted)-$0.82-267%

Balance sheet

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Cash & equivalents$289.7M+94.8%
Total debt$916.9M+193%
Total equity$1.1B+48.6%
Total assets$2.4B+91.8%

Cash flow

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Operating cash flow$102.5M-24.7%
CapEx$1.9M-83.0%
Free cash flow$100.6M-19.6%

Valuation

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Market cap$3.82B+1.1%
Enterprise value$4.44B+13.5%
P/E145×+111×
P/S2.3×-0.5×

Profitability

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Gross margin70.7%-0.5pp
Net margin1.6%-6.9pp
FCF margin11.6%+2.8pp

Returns & leverage

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Return on equity2.8%-13.2pp
Debt / equity0.8×+0.4×
Current ratio2.3×-0.7×

Where this comes from

Calculated from e.l.f. Beauty’s reported figures.

Based on trailing twelve months.

The official record: e.l.f. Beauty’s 10-Q, filed February 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is e.l.f. Beauty's operating margin?
e.l.f. Beauty (ELF) reported operating margin of 11.1% in Q4 2025.
How has e.l.f. Beauty's operating margin changed year-over-year?
e.l.f. Beauty's operating margin increased by 10.3% year-over-year, from 10% to 11.1%.
What is the long-term trend for e.l.f. Beauty's operating margin?
Over 3 years (2022 to 2025), e.l.f. Beauty's operating margin has grown at a 16.6% compound annual growth rate (CAGR), from 7.6% to 12%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.