tradmap

ELF Financials E.L.F. Beauty, Inc.

12 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 38.8% per year over the past 5 years.
  • Net income has grown slower than revenue (33.4% vs 38.8% per year).
  • Operating margin has expanded, at 4.5% in the latest year.
  • Free cash flow has grown 52.6% per year over the past 5 years.

Financial health

  • Total debt ($842M) exceeds cash ($290M); net debt is $552M.
  • Total debt is 5.5× EBITDA.
Revenue & net income
-$9M $814M $2B $0 2014 2016 2018 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
0% 36% 71% 2014 2016 2018 2021 2023 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-7% 30% 67% 0% 2014 2016 2018 2021 2023 2025
ROEROA
Free cash flow (CFO − capex)
-$7M $91M $190M $0 2014 2016 2018 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $421M $842M 2014 2016 2018 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$605M -$36M $534M $0 2014 2016 2018 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2026 $1.6B $26M 70.7% 4.5% 2.3% 1.1% $190M $842M $290M
2025 $1.3B $112M 71.2% 12.0% 14.7% 9.0% $115M — $149M
2024 $1.0B $128M 70.7% 14.6% 19.9% 11.3% $62M — $108M
2023 $579M $62M 67.4% 11.8% 15.0% 10.3% $100M — $121M
2022 $392M $22M 64.2% 7.6% 7.0% 4.4% $15M — $43M
2021 $318M $6M 64.8% 3.0% 2.3% 1.3% $23M — $58M
2020 $283M $18M 64.0% 10.6% 7.4% 3.9% $35M — $46M
2018 $267M $16M 60.9% 9.8% 6.8% 3.6% $47M — $51M
2017 $270M $33M 61.0% 12.3% 17.3% 8.0% $5M — —
2016 $230M $5M 57.6% 10.1% 3.8% 1.3% -$7M — —
2015 — $4M — — -7.2% 1.2% — — —
2014 — -$9M — — 67.3% — — — —

Valuation over time

How the market has priced ELF against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 125.2 250.4 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 10.6 21.2 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S

Frequently asked questions

Is ELF growing its revenue and profit?

Over the past 5 years, E.L.F. Beauty, Inc.'s revenue has grown 38.8% per year, and net income grown 33.4% per year. These are computed facts, not advice.

How much debt does ELF have?

As of FY2026, E.L.F. Beauty, Inc. reported $842M of total debt against $290M of cash.

What is ELF's profit margin?

In FY2026, gross margin was 70.7%, operating margin 4.5%, and net margin 1.6%.

What is ELF's P/E ratio?

E.L.F. Beauty, Inc.'s P/E (TTM) is 109.57 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the ELF stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 248.2× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.