Estee Lauder Cos. Inc
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $182.0M | $-1.13B | $409.0M | $1.01B | $2.41B | $2.88B | $684.0M | $1.79B |
| Depreciation & Amortization | $796.0M | $829.0M | $825.0M | $744.0M | $727.0M | $651.0M | $611.0M | $557.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $105.0M | $131.0M | $144.0M | $145.0M | $160.0M | $110.0M | $73.0M | $51.0M |
| Stock-Based Compensation | $310.0M | $304.0M | $325.0M | $267.0M | $331.0M | $327.0M | $213.0M | $243.0M |
| Net Cash from Operating Activities | $1.77B | $1.27B | $2.36B | $1.73B | $3.04B | $3.63B | $2.28B | $2.52B |
| Investing Activities | ||||||||
| Capital Expenditures | $457.0M | $602.0M | $919.0M | $1.00B | $1.04B | $637.0M | $623.0M | $744.0M |
| Business Acquisitions | $5.0M | $0 | $0 | $0 | $3.0M | $1.07B | $1.05B | $0 |
| Net Cash from Investing Activities | $-489.0M | $-623.0M | $-960.0M | $-3.22B | $-945.0M | $-1.86B | $-1.70B | $473.0M |
| Financing Activities | ||||||||
| Dividends Paid | $508.0M | $618.0M | $947.0M | $925.0M | $840.0M | $753.0M | $503.0M | $609.0M |
| Stock Repurchases | $70.0M | $35.0M | $35.0M | $271.0M | $2.31B | $733.0M | $893.0M | $1.56B |
| Net Cash from Financing Activities | $-712.0M | $-1.14B | $-2.04B | $1.59B | $-3.04B | $-1.89B | $1.46B | $-2.17B |
| Net Change in Cash | $577.0M | $-474.0M | $-634.0M | $72.0M | $-1.00B | $-64.0M | $2.04B | $806.0M |
| Free Cash Flow | $1.32B | $670.0M | $1.44B | $728.0M | $2.00B | $2.99B | $1.66B | $1.77B |