Balance Sheet ELF Beauty

Equities

ELF

US26856L1035

Personal Products

Delayed Nyse Other stock markets 03:54:04 2026-04-21 pm EDT			5-day change	1st Jan Change
67.09 ^USD	-1.94%		-2.63%	-11.77%

Apr. 07	UBS Adjusts Price Target on e.l.f. Beauty to $70 From $102, Maintains Neutral Rating	MT
Apr. 02	Evercore ISI Initiates e.l.f. Beauty at In Line With $68 Price Target	MT

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Published financial data: ELF BEAUTY

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	318M	392M	579M	1.02B	1.31B
Total Revenues	318M	392M	579M	1.02B	1.31B
Cost of Goods Sold, Total	112M	140M	188M	300M	378M
Gross Profit	206M	252M	390M	724M	936M
Selling General & Admin Expenses, Total	193M	221M	322M	571M	777M
Depreciation & Amortization - (IS)	970K	436K	420K	210K	-
Other Operating Expenses, Total	194M	222M	322M	571M	777M
Operating Income	12.04M	29.82M	68.14M	153M	158M
Interest Expense, Total	-4.1M	-2.44M	-3.99M	-11.84M	-17.18M
Interest And Investment Income	5K	3K	1.97M	4.82M	3.37M
Net Interest Expenses	-4.09M	-2.44M	-2.02M	-7.02M	-13.81M
Currency Exchange Gains (Loss)	-1.62M	-1.44M	-1.88M	1.21M	1.29M
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	6.33M	25.94M	64.25M	147M	146M
Restructuring Charges	-2.64M	-50K	-	-	-
Merger & Related Restructuring Charges	-	-	-	-3.4M	-400K
Gain (Loss) On Sale Of Investments	-	-	-	-2.88M	-
Other Unusual Items	-	-460K	-176K	-	-13K
EBT, Incl. Unusual Items	3.69M	25.43M	64.07M	141M	145M
Income Tax Expense	-2.54M	3.66M	2.54M	13.33M	33.41M
Earnings From Continuing Operations	6.23M	21.77M	61.53M	128M	112M
Net Income to Company	6.23M	21.77M	61.53M	128M	112M
Net Income - (IS)	6.23M	21.77M	61.53M	128M	112M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	6.23M	21.77M	61.53M	128M	112M
Net Income to Common Excl. Extra Items	6.23M	21.77M	61.53M	128M	112M
Per Share Items
Net EPS - Basic	0.13	0.43	1.17	2.33	1.99
Basic EPS - Continuing Operations	0.13	0.43	1.17	2.33	1.99
Basic Weighted Average Shares Outstanding	49.38M	50.94M	52.47M	54.75M	56.21M
Net EPS - Diluted	0.12	0.41	1.11	2.21	1.92
Diluted EPS - Continuing Operations	0.12	0.41	1.11	2.21	1.92
Diluted Weighted Average Shares Outstanding	51.99M	53.65M	55.34M	57.79M	58.35M
Normalized Basic EPS	0.08	0.32	0.77	1.68	1.62
Normalized Diluted EPS	0.08	0.3	0.73	1.59	1.56
Payout Ratio	-	-	-	-	-
Supplemental Items
EBITDA	32.02M	51M	85.11M	178M	180M
EBITA	20.14M	37.92M	76.24M	168M	176M
EBIT	12.04M	29.82M	68.14M	153M	158M
EBITDAR	36.78M	55.69M	89.74M	185M	193M
Effective Tax Rate - (Ratio)	-68.89	14.4	3.97	9.45	22.96
Current Domestic Taxes	5.96M	7.35M	8.92M	16.58M	32.83M
Current Foreign Taxes	84K	10K	26K	20K	44K
Total Current Taxes	6.04M	7.36M	8.94M	16.6M	32.87M
Deferred Domestic Taxes	-8.45M	-3.88M	-5.85M	-2.88M	-3.15M
Deferred Foreign Taxes	-132K	183K	-550K	-400K	3.68M
Total Deferred Taxes	-8.58M	-3.7M	-6.4M	-3.28M	533K
Normalized Net Income	3.96M	16.21M	40.16M	92.04M	91.19M
Interest on Long-Term Debt	4.1M	2.44M	3.99M	11.84M	17.18M
Supplemental Operating Expense Items
Advertising Expense	30.3M	41M	96.7M	209M	282M
Selling and Marketing Expenses	56.7M	69M	134M	266M	356M
Net Rental Expense, Total	4.76M	4.69M	4.64M	7.34M	12.75M
Imputed Operating Lease Interest Expense	1.03M	684K	1.49M	3.73M	5.81M
Imputed Operating Lease Depreciation	3.73M	4M	3.15M	3.61M	6.94M
Stock-Based Comp., COGS (Total)	200K	300K	100K	16K	54K
Stock-Based Comp., SG&A Exp. (Total)	19.47M	19.32M	29.04M	40.61M	71.81M
Stock-Based Comp., Other (Total)	11K	22K	-	-	-
Total Stock-Based Compensation	19.68M	19.65M	29.14M	40.62M	71.86M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	57.77M	43.35M	121M	108M	149M
Total Cash And Short Term Investments	57.77M	43.35M	121M	108M	149M
Accounts Receivable, Total	40.18M	45.57M	67.93M	124M	126M
Total Receivables	40.18M	45.57M	67.93M	124M	126M
Inventory	56.81M	84.5M	81.32M	191M	187M
Prepaid Expenses	15.38M	19.61M	33.3M	53.61M	78.69M
Total Current Assets	170M	193M	303M	477M	541M
Gross Property Plant And Equipment	58.22M	56.96M	49.59M	67.82M	110M
Accumulated Depreciation	-20.65M	-27.5M	-27.4M	-26.43M	-27.5M
Net Property Plant And Equipment	37.56M	29.46M	22.19M	41.39M	82.94M
Long-term Investments	2.88M	2.88M	2.88M	-	-
Goodwill	172M	172M	172M	341M	341M
Other Intangibles, Total	104M	96.26M	93.74M	266M	277M
Other Long-Term Assets, Total	1.21M	1.39M	1.85M	3.99M	7.09M
Total Assets	487M	495M	596M	1.13B	1.25B
Liabilities
Accounts Payable, Total	15.7M	19.23M	31.43M	81.08M	72.18M
Accrued Expenses, Total	32.1M	31.47M	60.92M	101M	84.02M
Current Portion of Long-Term Debt	15.47M	5M	5M	100M	-
Current Portion of Leases	5.1M	5.18M	5.08M	7.07M	7.62M
Current Income Taxes Payable	-	-	2.85M	5.81M	11.01M
Other Current Liabilities	4.95M	4.14M	2.7M	3.94M	2.23M
Total Current Liabilities	73.33M	65.02M	108M	299M	177M
Long-Term Debt	109M	90.45M	60.82M	162M	257M
Long-Term Leases	21.47M	16.38M	11.26M	21.46M	48.72M
Deferred Tax Liability Non Current	13.48M	9.59M	3.74M	3.67M	3.81M
Other Non Current Liabilities	598K	769K	784K	616K	1.06M
Total Liabilities	218M	182M	185M	487M	487M
Common Stock, Total	504K	515K	535K	555K	556K
Additional Paid In Capital	774M	795M	832M	936M	942M
Retained Earnings	-505M	-484M	-422M	-294M	-182M
Comprehensive Income and Other	-	-	-	-50K	521K
Total Common Equity	270M	312M	411M	643M	761M
Total Equity	270M	312M	411M	643M	761M
Total Liabilities And Equity	487M	495M	596M	1.13B	1.25B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	51.65M	52.27M	53.87M	55.94M	56.33M
ECS Total Common Shares Outstanding	51.59M	52.24M	53.77M	55.58M	55.73M
Book Value / Share	5.23	5.98	7.64	11.56	13.65
Tangible Book Value	-5.96M	44.55M	146M	35.78M	143M
Tangible Book Value Per Share	-0.12	0.85	2.71	0.64	2.57
Total Debt	151M	117M	82.17M	291M	313M
Net Debt	93.14M	73.65M	-38.61M	182M	164M
Debt Equivalent Oper. Leases	38.05M	37.49M	37.1M	58.73M	102M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Others	60.41M	89M	87.92M	202M	202M
Machinery, Total	26.79M	30.41M	27.19M	31.92M	33.82M
Full Time Employees	267	303	339	475	633
Part Time Employees	21	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	200K	100K	100K	1.2M	1.3M

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	6.23M	21.77M	61.53M	128M	112M
Depreciation & Amortization - CF	11.88M	13.08M	8.86M	9.51M	4.42M
Amortization of Goodwill and Intangible Assets - (CF)	8.1M	8.1M	8.1M	15M	17.4M
Depreciation & Amortization, Total	19.98M	21.18M	16.96M	24.51M	21.82M
Amortization of Deferred Charges, Total - (CF)	6.05M	6.29M	5.55M	11.83M	22.84M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	2.88M	-
Asset Writedown & Restructuring Costs	2.64M	50K	-	-	-
Stock-Based Compensation (CF)	19.68M	19.65M	29.12M	40.62M	71.79M
Other Operating Activities, Total	-8.2M	-2.74M	-6.05M	-12.6M	10.34M
Change In Accounts Receivable	-10.53M	-5.6M	-22.43M	-49.6M	-2.74M
Change In Inventories	-10.94M	-27.66M	3.17M	-93.93M	4.87M
Change In Accounts Payable	17.47M	1.5M	43M	81.22M	-23.4M
Change in Other Net Operating Assets	-12.91M	-14.93M	-28.96M	-61.44M	-83.76M
Cash from Operations	29.48M	19.51M	102M	71.15M	134M
Capital Expenditure	-6.47M	-4.82M	-1.72M	-8.66M	-18.52M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-	-	-	-275M	-
Investment in Marketable and Equity Securities, Total	-	-	-	-1.03M	-577K
Cash from Investing	-6.47M	-4.82M	-1.72M	-285M	-19.1M
Short Term Debt Issued, Total	20M	26.48M	-	-	-
Long-Term Debt Issued, Total	-	25.58M	-	204M	257M
Total Debt Issued	20M	52.06M	-	204M	257M
Short Term Debt Repaid, Total	-20M	-26.48M	-	-	-
Long-Term Debt Repaid, Total	-11.76M	-54.52M	-30M	-7.88M	-263M
Total Debt Repaid	-31.76M	-81M	-30M	-7.88M	-263M
Issuance of Common Stock	1.5M	1.68M	8.05M	5.56M	953K
Repurchase of Common Stock	-	-	-	-	-67.06M
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Other Financing Activities, Total	-1.15M	-1.84M	-788K	-1.24M	-2.14M
Cash from Financing	-11.4M	-29.11M	-22.74M	201M	-74.45M
Foreign Exchange Rate Adjustments	-	-	-	-34K	215K
Net Change in Cash	11.6M	-14.42M	77.42M	-12.6M	40.51M
Supplemental Items
Cash Interest Paid	3.16M	1.82M	3.58M	11.27M	15.66M
Cash Income Tax Paid (Refund)	2.3M	7.57M	13.37M	12.4M	25.33M
Levered Free Cash Flow	35.3M	24.2M	100M	64.14M	141M
Unlevered Free Cash Flow	37.02M	25.33M	102M	71.11M	151M
Change In Net Working Capital	8.9M	35.22M	-10.18M	92.45M	45.33M
Net Debt Issued / Repaid	-11.76M	-28.94M	-30M	197M	-6.2M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.6	3.8	7.81	11.09	8.33
Return on Total Capital	1.85	4.39	9.23	13.42	9.87
Return On Equity %	2.44	7.48	17.01	24.23	15.97
Return on Common Equity	2.44	7.48	17.01	24.23	15.97
Margin Analysis
Gross Profit Margin %	64.82	64.19	67.44	70.72	71.24
SG&A Margin	60.73	56.48	55.6	55.75	59.17
EBITDA Margin %	10.07	13.01	14.7	17.34	13.72
EBITA Margin %	6.33	9.67	13.17	16.41	13.39
EBIT Margin %	3.79	7.6	11.77	14.95	12.06
Income From Continuing Operations Margin %	1.96	5.55	10.63	12.47	8.53
Net Income Margin %	1.96	5.55	10.63	12.47	8.53
Net Avail. For Common Margin %	1.96	5.55	10.63	12.47	8.53
Normalized Net Income Margin	1.24	4.13	6.94	8.99	6.94
Levered Free Cash Flow Margin	11.1	6.17	17.31	6.26	10.73
Unlevered Free Cash Flow Margin	11.64	6.46	17.68	6.94	11.51
Asset Turnover
Asset Turnover	0.68	0.8	1.06	1.19	1.1
Fixed Assets Turnover	9.03	11.7	22.41	32.21	21.13
Receivables Turnover (Average Receivables)	9.1	9.15	10.2	10.68	10.52
Inventory Turnover (Average Inventory)	2.17	1.99	2.27	2.2	2
Short Term Liquidity
Current Ratio	2.32	2.97	2.81	1.59	3.05
Quick Ratio	1.34	1.37	1.75	0.78	1.55
Operating Cash Flow to Current Liabilities	0.4	0.3	0.94	0.24	0.76
Days Sales Outstanding (Average Receivables)	40.11	39.91	35.78	34.27	34.71
Days Outstanding Inventory (Average Inventory)	168	183.65	160.59	166.51	182.9
Average Days Payable Outstanding	41.84	37.92	49.9	50.21	74.88
Cash Conversion Cycle (Average Days)	166.26	185.64	146.47	150.56	142.73
Long Term Solvency
Total Debt/Equity	55.97	37.45	19.99	45.22	41.14
Total Debt / Total Capital	35.88	27.25	16.66	31.14	29.15
LT Debt/Equity	48.34	34.19	17.54	28.52	40.14
Long-Term Debt / Total Capital	30.99	24.88	14.62	19.64	28.44
Total Liabilities / Total Assets	44.68	36.84	30.99	43.1	39.04
EBIT / Interest Expense	2.94	12.2	17.08	12.93	9.22
EBITDA / Interest Expense	8.98	22.79	22.49	15.62	11.23
(EBITDA - Capex) / Interest Expense	7.4	20.81	22.06	14.89	10.15
Total Debt / EBITDA	4.1	2.1	0.92	1.57	1.62
Net Debt / EBITDA	2.53	1.32	-0.43	0.99	0.85
Total Debt / (EBITDA - Capex)	4.98	2.3	0.93	1.65	1.79
Net Debt / (EBITDA - Capex)	3.07	1.45	-0.44	1.03	0.94
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	12.47	23.28	47.61	76.89	28.28
Gross Profit, 1 Yr. Growth %	13.84	22.08	55.08	85.48	29.22
EBITDA, 1 Yr. Growth %	-21.54	59.28	66.87	108.67	4.89
EBITA, 1 Yr. Growth %	-34.96	88.27	101.06	120.45	4.61
EBIT, 1 Yr. Growth %	-49.76	147.65	128.51	124.64	3.49
Earnings From Cont. Operations, 1 Yr. Growth %	-65.15	249.33	182.64	107.48	-12.2
Net Income, 1 Yr. Growth %	-65.15	249.33	182.64	107.48	-12.2
Normalized Net Income, 1 Yr. Growth %	-65	309.75	147.68	129.21	-0.92
Diluted EPS Before Extra, 1 Yr. Growth %	-65.71	241.67	170.73	99.1	-13.12
Accounts Receivable, 1 Yr. Growth %	35.21	13.39	49.07	82.25	1.79
Inventory, 1 Yr. Growth %	22.94	48.74	-3.76	135.47	-2.26
Net Property, Plant and Equip., 1 Yr. Growth %	14.05	-21.57	-24.68	86.52	100.4
Total Assets, 1 Yr. Growth %	7.57	1.49	20.41	89.6	10.53
Tangible Book Value, 1 Yr. Growth %	-85.69	-847.42	226.98	-75.44	300.46
Common Equity, 1 Yr. Growth %	11.35	15.87	31.56	56.34	18.41
Cash From Operations, 1 Yr. Growth %	-33.48	-33.8	422.13	-30.16	88.1
Capital Expenditures, 1 Yr. Growth %	-31.29	-25.58	-64.24	402.55	113.88
Levered Free Cash Flow, 1 Yr. Growth %	-16.2	-31.46	314.13	-35.98	141.38
Unlevered Free Cash Flow, 1 Yr. Growth %	-19.29	-31.57	304.08	-30.51	131.24
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	9.02	17.75	34.89	61.59	50.64
Gross Profit, 2 Yr. CAGR %	12.46	17.89	37.6	69.6	54.81
EBITDA, 2 Yr. CAGR %	-15.62	11.79	63.03	86.6	49.6
EBITA, 2 Yr. CAGR %	-21.22	10.66	94.56	110.53	51.86
EBIT, 2 Yr. CAGR %	-31.09	11.54	137.89	126.57	52.48
Earnings From Cont. Operations, 2 Yr. CAGR %	42.27	10.33	214.22	142.16	34.97
Net Income, 2 Yr. CAGR %	42.27	10.33	214.22	142.16	34.97
Normalized Net Income, 2 Yr. CAGR %	-40.42	19.76	218.57	138.26	50.7
Diluted EPS Before Extra, 2 Yr. CAGR %	35.66	8.23	204.14	132.17	31.52
Accounts Receivable, 2 Yr. CAGR %	11.58	23.82	30.01	64.83	36.2
Inventory, 2 Yr. CAGR %	13.91	35.23	19.64	50.54	51.71
Net Property, Plant and Equip., 2 Yr. CAGR %	26.32	-5.42	-23.14	18.53	93.34
Total Assets, 2 Yr. CAGR %	6.26	4.48	10.54	51.1	44.76
Tangible Book Value, 2 Yr. CAGR %	-65.88	3.41	394.36	-10.38	-0.82
Common Equity, 2 Yr. CAGR %	11.93	13.58	23.46	43.41	36.06
Cash From Operations, 2 Yr. CAGR %	-29.18	-33.64	85.92	90.96	14.62
Capital Expenditures, 2 Yr. CAGR %	-17.9	-28.49	-48.41	34.06	227.85
Levered Free Cash Flow, 2 Yr. CAGR %	-	-24.21	68.48	62.81	21.41
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-25.68	66.29	67.55	24.34
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	13.58	26.96	47.65	49.62
Gross Profit, 3 Yr. CAGR %	-	15.58	29.17	52	54.9
EBITDA, 3 Yr. CAGR %	-	4.28	27.76	77.01	52.32
EBITA, 3 Yr. CAGR %	-	5.32	35.03	102.84	66.75
EBIT, 3 Yr. CAGR %	-	5.56	41.67	133.39	74.49
Earnings From Cont. Operations, 3 Yr. CAGR %	-	91.93	50.96	173.62	72.68
Net Income, 3 Yr. CAGR %	-	91.93	50.96	173.62	72.68
Normalized Net Income, 3 Yr. CAGR %	-	13.3	52.58	185.46	77.84
Diluted EPS Before Extra, 3 Yr. CAGR %	-	84.58	46.92	164.08	67.3
Accounts Receivable, 3 Yr. CAGR %	-	12.18	31.72	45.51	40.36
Inventory, 3 Yr. CAGR %	-	24.51	20.73	49.94	30.36
Net Property, Plant and Equip., 3 Yr. CAGR %	-	7.76	-12.33	3.29	41.21
Total Assets, 3 Yr. CAGR %	-	4.64	9.54	32.32	36.14
Tangible Book Value, 3 Yr. CAGR %	-	-4.54	51.78	81.74	47.61
Common Equity, 3 Yr. CAGR %	-	13.23	19.28	33.57	34.54
Cash From Operations, 3 Yr. CAGR %	-	-30.75	31.98	34.15	90
Capital Expenditures, 3 Yr. CAGR %	-	-20.54	-43.24	10.18	56.65
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	33.49	22.02	79.93
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	30.68	24.31	81.38
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	30.78	35.95
Gross Profit, 5 Yr. CAGR %	-	-	-	34.74	38.88
EBITDA, 5 Yr. CAGR %	-	-	-	31.61	34.59
EBITA, 5 Yr. CAGR %	-	-	-	38.95	41.53
EBIT, 5 Yr. CAGR %	-	-	-	43.27	45.89
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	110.64	44.35
Net Income, 5 Yr. CAGR %	-	-	-	110.64	44.35
Normalized Net Income, 5 Yr. CAGR %	-	-	-	52.53	51.82
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	102.31	40.56
Accounts Receivable, 5 Yr. CAGR %	-	-	-	30.85	33.5
Inventory, 5 Yr. CAGR %	-	-	-	34.33	32.28
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	11.95	20.29
Total Assets, 5 Yr. CAGR %	-	-	-	21.21	22.47
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-6.92	28.02
Common Equity, 5 Yr. CAGR %	-	-	-	24.45	25.73
Cash From Operations, 5 Yr. CAGR %	-	-	-	3.9	24.74
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-2.05	14.47
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	27.32
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	26.93