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e.l.f. Beauty ELF Return on invested capital

Return on invested capital at other companies

Estee Lauder Companies Inc. logo
Estee Lauder Companies Inc.EL
2.1%
Coty logo
CotyCOTY
-0.3%-3.7pp
Ulta Beauty, Inc. logo
Ulta Beauty, Inc.ULTA
27.6%-3.5pp
Colgate-Palmolive logo
Colgate-PalmoliveCL
33%-10.3pp
Kenvue logo
KenvueKVUE
10.4%+3.2pp
Clorox logo
CloroxCLX
28.3%+0.8pp

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$3.84B+1.1%

Profitability

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Gross margin70.7%-0.5pp
Operating margin11.1%+1.0pp
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 return on invested capital?
e.l.f. Beauty (ELF) reported return on invested capital of 8% in Q4 2025.
How has e.l.f. Beauty's return on invested capital changed year-over-year?
e.l.f. Beauty's return on invested capital decreased by 37.9% year-over-year, from 12.8% to 8%.
What is the long-term trend for e.l.f. Beauty's return on invested capital?
Over 3 years (2022 to 2025), e.l.f. Beauty's return on invested capital has grown at a 19.6% compound annual growth rate (CAGR), from 7.7% to 13.2%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.