TTM
7.6%
YoY change
+0.49pp
Trough year (2020)
4.2%
Peak year (2022)
17.9%
Latest annual
6.7%
Operating Margin history chart for Estée Lauder Companies (EL) from 1995 to 2025
Latest: 6.7%
Operating Margin change chart for Estée Lauder Companies (EL) from 1995 to 2025
Latest: +0.49pp
Operating Margin history table for Estée Lauder Companies (EL) from 1995 to 2025
| 2025 | 6.7% | +0.49pp | ||
| 2024 | 6.2% | -3.27pp | ||
| 2023 | 9.5% | -8.39pp | ||
| 2022 | 17.9% | +1.73pp | ||
| 2021 | 16.1% | +11.91pp | ||
| 2020 | 4.2% | -11.32pp | ||
| 2019 | 15.6% | +0.54pp | ||
| 2018 | 15.0% | +0.61pp | ||
| 2017 | 14.4% | +0.12pp | ||
| 2016 | 14.3% | -0.60pp | ||
| 2015 | 14.9% | -1.76pp | ||
| 2014 | 16.7% | +1.67pp | ||
| 2013 | 15.0% | +1.48pp | ||
| 2012 | 13.5% | +1.14pp | ||
| 2011 | 12.4% | +2.23pp | ||
| 2010 | 10.1% | +4.42pp | ||
| 2009 | 5.7% | -4.54pp | ||
| 2008 | 10.2% | -0.41pp | ||
| 2007 | 10.7% | +1.07pp | ||
| 2006 | 9.6% | -1.88pp | ||
| 2005 | 11.5% | +0.26pp | ||
| 2004 | 11.2% | +1.36pp | ||
| 2003 | 9.8% | +2.63pp | ||
| 2002 | 7.2% | -3.54pp | ||
| 2001 | 10.8% | -1.06pp | ||
| 2000 | 11.8% | +0.28pp | ||
| 1999 | 11.5% | +0.23pp | ||
| 1998 | 11.3% | +0.69pp | ||
| 1997 | 10.6% | +0.91pp | ||
| 1996 | 9.7% | +1.75pp | ||
| 1995 | 8.0% | — |
- 20256.7%+0.49pp
- 20246.2%-3.27pp
- 20239.5%-8.39pp
- 202217.9%+1.73pp
- 202116.1%+11.91pp
- 20204.2%-11.32pp
- 201915.6%+0.54pp
- 201815.0%+0.61pp
- 201714.4%+0.12pp
- 201614.3%-0.60pp
- 201514.9%-1.76pp
- 201416.7%+1.67pp
- 201315.0%+1.48pp
- 201213.5%+1.14pp
- 201112.4%+2.23pp
- 201010.1%+4.42pp
- 20095.7%-4.54pp
- 200810.2%-0.41pp
- 200710.7%+1.07pp
- 20069.6%-1.88pp
- 200511.5%+0.26pp
- 200411.2%+1.36pp
- 20039.8%+2.63pp
- 20027.2%-3.54pp
- 200110.8%-1.06pp
- 200011.8%+0.28pp
- 199911.5%+0.23pp
- 199811.3%+0.69pp
- 199710.6%+0.91pp
- 19969.7%+1.75pp
- 19958.0%—
Operating Margin values are taken from Estée Lauder Companies's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Estée Lauder Companies (EL)
According to Estée Lauder Companies's latest reported financial statements, the company's latest reported operating margin is 7.6%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Estée Lauder Companies (EL) reported operating margin of 6.70% – expanded 0.5 percentage points year-over-year.
The highest annual operating margin of 17.87% was reported in 2022. The lowest in the available history was 4.24% in 2020.
Estée Lauder Companies Operating Margin by Year
Estée Lauder Companies Operating Margin 2025: 6.7%
In 2025, Estée Lauder Companies reported operating margin of 6.70%, expanded 0.5 percentage points from 2024.
Estée Lauder Companies Operating Margin 2024: 6.2%
Estée Lauder Companies operating margin in 2024 was 6.21%, contracted 3.3 percentage points from 2023.
Estée Lauder Companies Operating Margin 2023: 9.5%
2023's operating margin for Estée Lauder Companies came in at 9.48%, contracted 8.4 percentage points from 2022.
Estée Lauder Companies Operating Margin 2022: 17.9%
Estée Lauder Companies posted operating margin of 17.87% in 2022, expanded 1.7 percentage points from 2021. This figure represents the highest annual value in the available history.
Estée Lauder Companies Operating Margin 2021: 16.1%
Estée Lauder Companies operating margin in 2021 was 16.15%.
See more financial history for Estée Lauder Companies (EL).
Sector peers by Operating Margin
Consumer Defensive peers of Estée Lauder Companies (EL), ranked by their latest operating margin
| 50.7% | |
| 36.8% | |
| 29.3% | |
| 29.3% | |
| 23.2% | |
| 14.8% | |
| 4.2% | |
| 3.8% |
- 50.7%
- 29.3%
- 14.8%
- 4.2%
- 3.8%
Frequently asked questions
Estée Lauder Companies (EL) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation