e.l.f. Beauty, Inc. logo ELF - e.l.f. Beauty, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 12
HOLD 12
SELL 2
STRONG
SELL
0
| PRICE TARGET: $76.75 DETAILS
HIGH: $115.00
LOW: $50.00
MEDIAN: $75.00
CONSENSUS: $76.75
UPSIDE: 42.95%
Metric 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue
Revenue 1,636.5 1,313.5 1,023.9 578.8 392.2 318.1 282.9 267.4 269.9 229.6 191.4 144.9
Cost of Revenue 479.1 377.8 299.8 188.4 140.4 111.9 101.7 104.7 105.2 97.3 91.1 78.7
Gross Profit 1,157.3 935.7 724.1 390.4 251.7 206.2 181.1 162.7 164.7 132.2 100.3 66.2
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 1,026.1 777.7 570.8 322.3 221.9 194.2 157.2 136.6 131.4 109.2 74.8 56.3
Other Expenses 0 0 3.6 0 0.1 2.6 (6.0) 0 0 0 0 0.1
Operating Expenses 1,026.1 777.7 574.4 322.3 222.0 196.8 151.2 136.6 131.4 109.2 74.8 65.7
Operating Income
Operating Income 131.3 158.0 149.7 68.1 29.8 9.4 29.9 26.2 33.3 23.1 25.6 9.9
Interest Expense 40.8 17.2 11.8 4.0 2.4 4.1 6.3 7.8 8.0 12.3 11.7 0
Interest Income 6.9 3.4 4.8 2.0 0.0 0.0 0 0 0 0 0.1 11.7
Profitability
EBITDA 160.6 206.2 182.6 85.3 54.6 32.1 53.3 42.9 45.0 35.2 30.7 17.9
EBIT 81.2 162.1 152.4 67.7 27.5 6.9 30.5 25.0 30.4 22.1 20.4 9.9
Income Before Tax 40.5 145.5 141.0 64.1 25.4 3.7 24.1 18.0 22.5 9.8 8.7 (11.2)
Income Tax Expense (14.1) 33.4 13.3 2.5 3.7 (2.5) 6.2 2.4 (11.0) 4.5 4.3 3.0
Net Income 54.6 112.1 127.7 61.5 21.8 6.2 17.9 15.5 33.5 5.3 4.4 (19.6)
Per Share Data
EPS (Basic) 0.45 1.99 2.33 1.17 0.43 0.13 0.37 0.33 0.74 0.11 -1.14 -0.71
EPS (Diluted) 0.44 1.92 2.21 1.11 0.41 0.12 0.35 0.32 0.68 0.11 -1.14 -0.71
Shares Outstanding 58.3 56.2 54.7 52.5 50.9 49.4 48.5 46.8 45.4 47.4 41.9 27.6
Metric 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Current Assets
Cash & Cash Equivalents 289.7 148.7 108.2 120.8 43.4 57.8 46.2 51.2 10.1 15.3 14.0
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 174.6 126.0 123.8 67.9 45.6 40.2 29.7 36.7 44.6 37.8 22.5
Inventory 220.2 187.2 191.5 81.3 84.5 56.8 46.2 46.3 62.7 69.4 31.3
Other Current Assets 104.8 78.7 53.6 33.3 0 0 0 7.5 6.3 2.4 3.0
Total Current Assets 789.4 540.6 477.1 303.3 193.0 170.1 132.4 141.7 123.6 124.9 70.7
Non-Current Assets
Property, Plant & Equipment 41.5 28.8 14.0 7.9 10.6 13.8 17.2 21.8 18.0 17.2 9.9
Goodwill 853.5 340.6 340.6 171.6 171.6 171.6 171.3 157.3 157.3 157.3 157.3
Intangible Assets 553.1 207.7 225.1 78.0 86.2 94.3 102.4 98.8 105.9 113.0 121.3
Long-Term Investments 0 0 0 2.9 2.9 2.9 2.9 2.9 2.9 0 0
Other Non-Current Assets 156.7 130.5 72.5 31.9 30.4 34.7 27.0 13.4 9.5 2.4 1.7
Total Non-Current Assets 1,604.8 707.6 652.2 292.3 301.6 317.2 320.7 294.1 293.6 289.8 290.4
Total Assets 2,394.2 1,248.2 1,129.2 595.6 494.6 487.4 453.1 435.9 417.2 414.7 361.1
Current Liabilities
Account Payables 97.5 72.2 81.1 31.4 19.2 15.7 12.4 20.5 26.8 37.9 24.8
Short-Term Debt 30 0 107.3 10.1 10.2 20.6 15.7 9.9 8.6 8.7 10.3
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 70.6 25.0 87.5 50.5 24.1 26.3 13.5 10.6 11.3 22.9 10.7
Total Current Liabilities 336.2 177.1 299.1 108.0 65.0 73.3 51.1 43.0 51.4 80.3 45.9
Non-Current Liabilities
Long-Term Debt 809.3 256.7 161.8 60.9 91.1 110.3 126.1 140.5 147.7 156.2 134.6
Deferred Tax Liabilities 6.2 3.8 3.7 3.7 9.6 13.5 21.9 20.2 21.3 34.2 42.1
Other Non-Current Liabilities 42.0 1.1 0.6 0.8 0.8 0.6 0.6 2.8 3.0 3.2 1.6
Total Non-Current Liabilities 927.5 310.3 187.6 76.6 117.2 144.4 159.8 163.5 172.0 193.6 178.3
Total Liabilities 1,263.6 487.3 486.7 184.6 182.2 217.7 210.9 206.5 223.4 273.9 224.2
Stockholders' Equity
Common Stock 0.6 0.6 0.6 0.5 0.5 0.5 0.5 0.5 0.5 0.4 0
Retained Earnings (155.9) (182.2) (294.3) (422.0) (483.5) (505.3) (511.5) (511.5) (527.0) (560.4) (67.2)
Accumulated Other Comprehensive Income 0.9 0.5 (0.1) 0 0 0 0 0 0 (414.7) 0
Total Stockholders' Equity 1,130.5 760.9 642.6 411.0 312.4 269.6 242.2 229.3 193.9 140.9 136.9
Total Liabilities & Equity 2,394.2 1,248.2 1,129.2 595.6 494.6 487.4 453.1 435.9 417.2 414.7 361.1
Debt Metrics
Total Debt 916.9 313.0 290.6 82.2 117.0 150.9 153.0 150.4 156.3 164.8 144.9
Net Debt 627.2 164.3 182.4 (38.6) 73.6 93.1 106.8 99.2 146.3 149.5 130.9
Metric 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income 54.6 112.1 127.7 61.5 21.8 6.2 17.9 15.5 33.5 5.3 4.4
Depreciation & Amortization 79.4 44.1 35.9 22.2 27.1 25.2 22.8 17.9 14.5 13.2 10.3
Stock-Based Compensation 86.9 71.8 40.6 29.1 19.6 19.7 15.5 16.8 13.5 7.1 0.5
Change in Working Capital 0 (105.0) (123.8) (5.2) (46.7) (16.9) (10.0) 5.0 (38.2) (9.5) 6.4
Other Non-Cash Items (4.8) 10.4 (6.0) 0.7 1.4 3.9 (4.4) 1.3 2.5 (6.4) 6.9
Operating Cash Flow 212.5 133.8 71.2 101.9 19.5 29.5 44.3 55.6 12.4 2.1 24.5
Investing Activities
Capital Expenditure (22.4) (18.5) (8.7) (1.7) (4.8) (6.5) (9.4) (8.9) (7.5) (9.2) (10.2)
Acquisitions (581.7) 0 (275.0) 0 0 0 (25.9) 0 0 0 0
Purchases of Investments 0 (0.6) (1.0) 0 0 0 0 0 (2.9) 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (1.1) 0 0 0 0 0 0 0 0 0.1 0
Investing Cash Flow (605.2) (19.1) (284.7) (1.7) (4.8) (6.5) (35.3) (8.9) (10.4) (9.1) (10.2)
Financing Activities
Net Debt Issuance 0 (6.2) 196.6 (30) (28.9) (11.8) 0
Stock Repurchased (50.0) (67.1) 0 0 0 0 (7.9) 0 0 178.2 0
Dividends Paid 0 0 0 0 0 0 0 0 0 (68) 0
Other Financing Activities 533.9 (2.1) (1.2) (0.8) (1.8) (1.1) (16.7) 1.5 25.0 (1.3) 26.8
Financing Cash Flow 533.9 (74.4) 200.9 (22.7) (29.1) (11.4) (16.7) (5.6) (7.2) 8.3 (4.9)
Cash Position
Net Change in Cash 141.0 40.5 (12.6) 77.4 (14.4) 11.6 (7.7) 41.1 (5.2) 1.3 9.3
Cash at Beginning 148.7 108.2 120.8 43.4 57.8 46.2 53.9 10.1 15.3 14.0 4.7
Cash at End 289.7 148.7 108.2 120.8 43.4 57.8 46.2 51.2 10.1 15.3 14.0
Free Cash Flow 190.1 115.3 62.5 100.2 14.7 23.0 34.9 46.7 4.8 (7.1) 14.3
Key Metrics 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Income Statement
Revenue 1,636.5 1,313.5 1,023.9 578.8 392.2 318.1 282.9 267.4 269.9 229.6 191.4 144.9
Gross Profit 1,157.3 935.7 724.1 390.4 251.7 206.2 181.1 162.7 164.7 132.2 100.3 66.2
Operating Income 131.3 158.0 149.7 68.1 29.8 9.4 29.9 26.2 33.3 23.1 25.6 9.9
Net Income 54.6 112.1 127.7 61.5 21.8 6.2 17.9 15.5 33.5 5.3 4.4 (19.6)
EPS (Diluted) 0.44 1.92 2.21 1.11 0.41 0.12 0.35 0.32 0.68 0.11 -1.14 -0.71
Balance Sheet
Cash & Equivalents 289.7 148.7 108.2 120.8 43.4 57.8 46.2 51.2 10.1 15.3 14.0
Total Assets 2,394.2 1,248.2 1,129.2 595.6 494.6 487.4 453.1 435.9 417.2 414.7 361.1
Total Debt 916.9 313.0 290.6 82.2 117.0 150.9 153.0 150.4 156.3 164.8 144.9
Stockholders' Equity 1,130.5 760.9 642.6 411.0 312.4 269.6 242.2 229.3 193.9 140.9 136.9
Cash Flow
Operating Cash Flow 212.5 133.8 71.2 101.9 19.5 29.5 44.3 55.6 12.4 2.1 24.5
Capital Expenditure (22.4) (18.5) (8.7) (1.7) (4.8) (6.5) (9.4) (8.9) (7.5) (9.2) (10.2)
Free Cash Flow 190.1 115.3 62.5 100.2 14.7 23.0 34.9 46.7 4.8 (7.1) 14.3