Estee Lauder Companies
Estee Lauder Companies returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q4 | Jun 30, 2026 | — | 5.57% | — | — | 0.92% | — |
| FY 2026 Q3 | Mar 31, 2026 | — | 2.99% | — | -5.95% | -1.25% | — |
| FY 2026 Q2 | Dec 31, 2025 | — | 3.34% | — | -4.34% | -0.9% | — |
| FY 2026 Q1 | Sep 30, 2025 | — | -3.29% | — | -20.73% | -4.58% | — |
| FY 2025 Q4 | Jun 30, 2025 | — | -5.16% | — | -24.69% | -5.45% | — |
| FY 2025 Q3 | Mar 31, 2025 | — | -3.9% | — | -17.27% | -4.1% | — |
| FY 2025 Q2 | Dec 31, 2024 | — | -2.56% | — | -14.17% | -3.24% | — |
| FY 2025 Q1 | Sep 30, 2024 | — | 4.61% | — | 3.89% | 0.99% | — |
| FY 2024 Q4 | Jun 30, 2024 | — | 5.85% | — | 7.16% | 1.81% | — |
| FY 2024 Q3 | Mar 31, 2024 | — | 7.42% | — | 11.03% | 2.92% | — |
| FY 2024 Q2 | Dec 31, 2023 | — | 6.07% | — | 8.04% | 2.19% | — |
| FY 2024 Q1 | Sep 30, 2023 | — | 6.02% | — | 10.09% | 2.61% | — |
| FY 2023 Q4 | Jun 30, 2023 | — | 9.35% | — | 18% | 4.56% | — |
| FY 2023 Q3 | Mar 31, 2023 | — | 10.29% | — | 18.14% | 4.96% | — |
| FY 2023 Q2 | Dec 31, 2022 | — | 12.96% | — | 24.64% | 7.05% | — |
| FY 2023 Q1 | Sep 30, 2022 | — | 18.7% | — | 37.71% | 10.6% | — |
| FY 2022 Q4 | Jun 30, 2022 | — | 19.96% | — | 41.04% | 11.23% | — |
| FY 2022 Q3 | Mar 31, 2022 | — | 21.7% | — | 57.48% | 16.35% | — |
| FY 2022 Q2 | Dec 31, 2021 | — | 21.01% | — | 55.92% | 15.64% | — |
| FY 2022 Q1 | Sep 30, 2021 | — | 19.36% | — | 57.7% | 15.42% | — |
| FY 2021 Q4 | Jun 30, 2021 | — | 17.89% | — | 57.45% | 14.46% | — |
| FY 2021 Q3 | Mar 31, 2021 | — | 13.45% | — | 28.2% | 7.31% | — |
| FY 2021 Q2 | Dec 31, 2020 | — | 9.82% | — | 18.57% | 4.99% | — |
| FY 2021 Q1 | Sep 30, 2020 | — | 4.43% | — | 13.63% | 3.72% | — |
| FY 2020 Q4 | Jun 30, 2020 | — | 5.73% | — | 16.44% | 4.42% | — |
| FY 2020 Q3 | Mar 31, 2020 | — | 12.77% | — | 29.23% | 8.38% | — |
| FY 2020 Q2 | Dec 31, 2019 | — | 17.64% | — | 41.98% | 12.24% | — |
| FY 2020 Q1 | Sep 30, 2019 | — | 24.62% | — | 42.08% | 13.51% | — |
| FY 2019 Q4 | Jun 30, 2019 | — | 25.98% | — | 39.34% | 13.88% | — |
| FY 2019 Q3 | Mar 31, 2019 | — | 26.26% | — | 39.01% | 14.18% | — |
| FY 2019 Q2 | Dec 31, 2018 | — | 24.27% | — | 36.77% | 12.97% | — |
| FY 2019 Q1 | Sep 30, 2018 | — | 23.68% | — | 25.85% | 9.59% | — |
| FY 2018 Q4 | Jun 30, 2018 | 17.93% | 22.8% | — | 24.43% | 9.18% | 10.2 pp |
| FY 2018 Q3 | Mar 31, 2018 | 18.35% | 22.32% | — | 26.07% | 9.56% | 10.7 pp |
| FY 2018 Q2 | Dec 31, 2017 | 17.63% | 24.26% | — | 25.77% | 9.1% | 9.9 pp |
| FY 2018 Q1 | Sep 30, 2017 | 22.77% | 23.47% | 17.63% | 32.95% | 12.89% | 15.1 pp |
| FY 2017 Q4 | Jun 30, 2017 | 22.37% | 22.14% | 7.99% | 31.4% | 12.01% | 14.7 pp |
| FY 2017 Q3 | Mar 31, 2017 | 19.34% | 21.46% | -2.79% | 28.08% | 11.05% | 11.6 pp |
| FY 2017 Q2 | Dec 31, 2016 | 19.99% | 24.31% | -4.89% | 29.23% | 10.97% | 12.3 pp |
| FY 2017 Q1 | Sep 30, 2016 | 21.49% | 24.99% | -17.4% | 30.76% | 12.43% | 13.8 pp |
| FY 2016 Q4 | Jun 30, 2016 | 25.27% | 25.47% | 5.44% | 30.9% | 12.77% | 17.6 pp |
| FY 2016 Q3 | Mar 31, 2016 | 26.38% | 27.38% | -1.4% | 30.63% | 13.94% | 18.7 pp |
| FY 2016 Q2 | Dec 31, 2015 | 28.05% | 28.67% | 6.37% | 31.81% | 14.42% | 20.3 pp |
| FY 2016 Q1 | Sep 30, 2015 | 27.17% | 29.27% | 2.6% | 32.19% | 14.6% | 19.5 pp |
| FY 2015 Q4 | Jun 30, 2015 | 28.66% | 26.96% | -17.22% | 29.04% | 13.52% | 21 pp |
| FY 2015 Q3 | Mar 31, 2015 | 32.74% | 30.3% | 28.44% | 31.73% | 15.21% | 25 pp |
| FY 2015 Q2 | Dec 31, 2014 | 31.48% | 29.32% | 24.85% | 29.52% | 14.5% | 23.8 pp |
| FY 2015 Q1 | Sep 30, 2014 | 31.8% | 30.67% | 121.77% | 30.68% | 14.96% | 24.1 pp |
| FY 2014 Q4 | Jun 30, 2014 | 36.94% | 33.16% | 42.65% | 33.72% | 16.04% | 29.2 pp |
| FY 2014 Q3 | Mar 31, 2014 | 32.69% | 29.54% | 17.07% | 30.33% | 14.17% | 25 pp |
| FY 2014 Q2 | Dec 31, 2013 | 31.61% | 27.41% | 24.73% | 28.83% | 13.46% | 23.9 pp |
| FY 2014 Q1 | Sep 30, 2013 | 30.06% | 28.26% | 41.58% | 30.84% | 14.1% | 22.4 pp |
| FY 2013 Q4 | Jun 30, 2013 | 36.28% | 31.54% | 35.46% | 33.88% | 14.85% | 28.6 pp |
| FY 2013 Q3 | Mar 31, 2013 | 33.93% | 29.9% | 52.73% | 32.41% | 14.3% | 26.2 pp |
| FY 2013 Q2 | Dec 31, 2012 | 32.24% | 30.09% | 29.27% | 32.38% | 13.79% | 24.5 pp |
| FY 2013 Q1 | Sep 30, 2012 | 29.31% | 29.64% | 25.69% | 31.92% | 13.4% | 21.6 pp |
| FY 2012 Q4 | Jun 30, 2012 | 33.77% | 29.82% | 194.42% | 31.96% | 13.32% | 26.1 pp |
| FY 2012 Q3 | Mar 31, 2012 | 32.09% | 29.73% | — | 31.69% | 13.27% | 24.4 pp |
| FY 2012 Q2 | Dec 31, 2011 | 32.35% | 30.42% | — | 33.56% | 13.68% | 24.7 pp |
| FY 2012 Q1 | Sep 30, 2011 | 29.52% | 30.1% | — | 34.3% | 13.39% | 21.8 pp |
| FY 2011 Q4 | Jun 30, 2011 | — | — | — | — | — | — |
| FY 2011 Q3 | Mar 31, 2011 | — | — | — | — | — | — |
| FY 2011 Q2 | Dec 31, 2010 | — | — | — | — | — | — |
| FY 2011 Q1 | Sep 30, 2010 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · EL, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.