
L'Oreal SA
PAR:OR

Income Statement
Earnings Waterfall
L'Oreal SA
Revenue
|
43.5B
EUR
|
Cost of Revenue
|
-11.2B
EUR
|
Gross Profit
|
32.3B
EUR
|
Operating Expenses
|
-23.6B
EUR
|
Operating Income
|
8.7B
EUR
|
Other Expenses
|
-2.3B
EUR
|
Net Income
|
6.4B
EUR
|
Income Statement
L'Oreal SA
Dec-2004 | Jun-2005 | Dec-2005 | Jun-2006 | Dec-2006 | Jun-2007 | Dec-2007 | Jun-2008 | Dec-2008 | Jun-2009 | Dec-2009 | Jun-2010 | Dec-2010 | Jun-2011 | Dec-2011 | Jun-2012 | Dec-2012 | Jun-2013 | Dec-2013 | Jun-2014 | Dec-2014 | Jun-2015 | Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | Jun-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
13 641
N/A
|
13 883
+2%
|
14 533
+5%
|
15 155
+4%
|
15 790
+4%
|
16 519
+5%
|
17 063
+3%
|
17 195
+1%
|
17 542
+2%
|
17 665
+1%
|
17 473
-1%
|
18 370
+5%
|
19 496
+6%
|
19 979
+2%
|
20 343
+2%
|
21 407
+5%
|
22 463
+5%
|
22 592
+1%
|
22 124
-2%
|
21 956
-1%
|
22 532
+3%
|
24 176
+7%
|
24 290
+0%
|
23 967
-1%
|
24 916
+4%
|
25 832
+4%
|
26 024
+1%
|
26 003
0%
|
26 937
+4%
|
28 358
+5%
|
29 874
+5%
|
28 139
-6%
|
27 992
-1%
|
30 112
+8%
|
32 288
+7%
|
35 457
+10%
|
38 261
+8%
|
40 468
+6%
|
41 183
+2%
|
42 729
+4%
|
43 487
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(4 101)
|
(4 208)
|
(4 347)
|
(4 403)
|
(4 569)
|
(4 779)
|
(4 941)
|
(4 989)
|
(5 187)
|
(5 321)
|
(5 162)
|
(5 328)
|
(5 697)
|
(5 810)
|
(5 852)
|
(6 209)
|
(6 588)
|
(6 553)
|
(6 379)
|
(6 318)
|
(6 501)
|
(6 980)
|
(6 994)
|
(6 812)
|
(7 069)
|
(7 401)
|
(7 359)
|
(7 177)
|
(7 332)
|
(7 722)
|
(8 065)
|
(7 589)
|
(7 532)
|
(7 890)
|
(8 433)
|
(9 500)
|
(10 577)
|
(10 933)
|
(10 767)
|
(11 044)
|
(11 227)
|
|
Gross Profit |
9 540
N/A
|
9 676
+1%
|
10 186
+5%
|
10 752
+6%
|
11 221
+4%
|
11 740
+5%
|
12 122
+3%
|
12 206
+1%
|
12 355
+1%
|
12 344
0%
|
12 311
0%
|
13 042
+6%
|
13 799
+6%
|
14 169
+3%
|
14 492
+2%
|
15 198
+5%
|
15 875
+4%
|
16 039
+1%
|
15 745
-2%
|
15 639
-1%
|
16 031
+3%
|
17 197
+7%
|
17 296
+1%
|
17 156
-1%
|
17 848
+4%
|
18 431
+3%
|
18 665
+1%
|
18 826
+1%
|
19 606
+4%
|
20 636
+5%
|
21 809
+6%
|
20 550
-6%
|
20 460
0%
|
22 223
+9%
|
23 854
+7%
|
25 958
+9%
|
27 683
+7%
|
29 535
+7%
|
30 416
+3%
|
31 685
+4%
|
32 260
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(4 760)
|
(4 866)
|
(7 872)
|
(8 181)
|
(8 625)
|
(9 084)
|
(9 305)
|
(9 322)
|
(9 630)
|
(9 743)
|
(9 733)
|
(10 237)
|
(10 822)
|
(11 083)
|
(11 187)
|
(11 710)
|
(12 208)
|
(12 239)
|
(11 984)
|
(11 875)
|
(12 141)
|
(13 012)
|
(12 964)
|
(12 761)
|
(13 342)
|
(13 780)
|
(13 988)
|
(14 104)
|
(14 684)
|
(15 402)
|
(16 261)
|
(15 534)
|
(15 251)
|
(16 383)
|
(17 678)
|
(19 008)
|
(20 136)
|
(21 469)
|
(22 722)
|
(23 433)
|
(23 572)
|
|
Selling, General & Administrative |
(7 021)
|
(7 103)
|
(7 376)
|
(7 675)
|
(8 092)
|
(8 533)
|
(8 745)
|
(8 762)
|
(9 043)
|
(9 147)
|
(9 124)
|
(9 539)
|
(10 078)
|
(10 376)
|
(10 479)
|
(10 950)
|
(11 387)
|
(11 444)
|
(11 236)
|
(11 124)
|
(11 380)
|
(12 239)
|
(12 176)
|
(11 943)
|
(12 500)
|
(12 923)
|
(13 111)
|
(13 205)
|
(13 769)
|
(14 475)
|
(15 276)
|
(14 553)
|
(14 286)
|
(15 391)
|
(16 654)
|
(17 913)
|
(18 968)
|
(20 232)
|
(20 983)
|
(21 868)
|
(22 217)
|
|
Research & Development |
(467)
|
(485)
|
(496)
|
(509)
|
(533)
|
(551)
|
(560)
|
(566)
|
(588)
|
(596)
|
(609)
|
(631)
|
(665)
|
(702)
|
(721)
|
(761)
|
(791)
|
(768)
|
(748)
|
(751)
|
(761)
|
(773)
|
(787)
|
(817)
|
(841)
|
(857)
|
(877)
|
(899)
|
(914)
|
(927)
|
(985)
|
(981)
|
(964)
|
(992)
|
(1 025)
|
(1 095)
|
(1 168)
|
(1 237)
|
(1 289)
|
(1 334)
|
(1 355)
|
|
Other Operating Expenses |
2 728
|
2 722
|
0
|
2
|
0
|
0
|
0
|
7
|
0
|
0
|
0
|
(67)
|
(79)
|
(4)
|
12
|
1
|
(30)
|
(27)
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(450)
|
(231)
|
0
|
|
Operating Income |
4 781
N/A
|
4 810
+1%
|
2 314
-52%
|
2 570
+11%
|
2 596
+1%
|
2 657
+2%
|
2 817
+6%
|
2 884
+2%
|
2 725
-6%
|
2 601
-5%
|
2 578
-1%
|
2 806
+9%
|
2 978
+6%
|
3 086
+4%
|
3 304
+7%
|
3 488
+6%
|
3 667
+5%
|
3 799
+4%
|
3 760
-1%
|
3 764
+0%
|
3 891
+3%
|
4 185
+8%
|
4 333
+4%
|
4 395
+1%
|
4 506
+3%
|
4 651
+3%
|
4 676
+1%
|
4 722
+1%
|
4 922
+4%
|
5 235
+6%
|
5 548
+6%
|
5 016
-10%
|
5 209
+4%
|
5 840
+12%
|
6 176
+6%
|
6 950
+13%
|
7 548
+9%
|
8 066
+7%
|
7 693
-5%
|
8 252
+7%
|
8 688
+5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
286
|
184
|
60
|
52
|
45
|
96
|
86
|
79
|
71
|
103
|
184
|
243
|
257
|
277
|
276
|
297
|
310
|
335
|
341
|
346
|
342
|
352
|
376
|
389
|
358
|
348
|
353
|
380
|
371
|
332
|
316
|
325
|
313
|
332
|
343
|
442
|
377
|
294
|
356
|
294
|
220
|
|
Non-Reccuring Items |
0
|
0
|
334
|
335
|
(61)
|
(68)
|
622
|
626
|
(156)
|
(323)
|
(278)
|
(149)
|
(74)
|
(104)
|
(108)
|
(90)
|
(94)
|
(69)
|
(129)
|
(148)
|
(307)
|
(307)
|
(188)
|
(662)
|
(541)
|
(116)
|
(276)
|
(221)
|
(95)
|
(225)
|
(437)
|
(673)
|
(709)
|
(617)
|
(432)
|
(151)
|
(242)
|
(529)
|
0
|
(1)
|
(438)
|
|
Total Other Income |
(4)
|
(5)
|
(3)
|
(3)
|
(4)
|
(6)
|
(8)
|
(8)
|
(7)
|
(7)
|
(13)
|
(14)
|
(9)
|
(9)
|
(6)
|
(5)
|
(8)
|
(27)
|
(45)
|
(42)
|
(35)
|
(41)
|
(43)
|
(33)
|
(26)
|
(25)
|
(26)
|
(21)
|
(15)
|
(15)
|
(16)
|
(22)
|
(37)
|
(42)
|
(40)
|
(52)
|
(72)
|
(71)
|
(49)
|
(48)
|
(37)
|
|
Pre-Tax Income |
5 063
N/A
|
4 989
-1%
|
2 705
-46%
|
2 954
+9%
|
2 577
-13%
|
2 679
+4%
|
3 517
+31%
|
3 581
+2%
|
2 632
-27%
|
2 373
-10%
|
2 471
+4%
|
2 886
+17%
|
3 152
+9%
|
3 250
+3%
|
3 467
+7%
|
3 690
+6%
|
3 876
+5%
|
4 038
+4%
|
3 928
-3%
|
3 920
0%
|
3 890
-1%
|
4 189
+8%
|
4 477
+7%
|
4 089
-9%
|
4 297
+5%
|
4 858
+13%
|
4 727
-3%
|
4 861
+3%
|
5 184
+7%
|
5 326
+3%
|
5 411
+2%
|
4 647
-14%
|
4 777
+3%
|
5 512
+15%
|
6 047
+10%
|
7 188
+19%
|
7 611
+6%
|
7 761
+2%
|
8 001
+3%
|
8 498
+6%
|
8 433
-1%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1 090)
|
(1 073)
|
(730)
|
(783)
|
(515)
|
(526)
|
(860)
|
(845)
|
(681)
|
(594)
|
(676)
|
(860)
|
(910)
|
(856)
|
(1 026)
|
(1 091)
|
(1 006)
|
(1 099)
|
(1 044)
|
(1 035)
|
(1 111)
|
(1 226)
|
(1 229)
|
(1 218)
|
(1 214)
|
(1 213)
|
(901)
|
(826)
|
(1 284)
|
(1 371)
|
(1 657)
|
(1 402)
|
(1 210)
|
(1 401)
|
(1 445)
|
(1 731)
|
(1 899)
|
(1 909)
|
(1 811)
|
(2 011)
|
(2 015)
|
|
Income from Continuing Operations |
3 973
|
3 916
|
1 975
|
2 170
|
2 062
|
2 153
|
2 658
|
2 736
|
1 951
|
1 779
|
1 795
|
2 025
|
2 242
|
2 394
|
2 441
|
2 600
|
2 870
|
2 940
|
2 884
|
2 885
|
2 779
|
2 963
|
3 248
|
2 871
|
3 083
|
3 644
|
3 826
|
4 035
|
3 899
|
3 955
|
3 754
|
3 244
|
3 567
|
4 112
|
4 602
|
5 457
|
5 711
|
5 852
|
6 190
|
6 487
|
6 418
|
|
Income to Minority Interest |
(3)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
2
|
3
|
(1)
|
(3)
|
(3)
|
2
|
(4)
|
(8)
|
(4)
|
(9)
|
(5)
|
(0)
|
(4)
|
(9)
|
(5)
|
(1)
|
(6)
|
(9)
|
(7)
|
(5)
|
(8)
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
(3)
|
(5)
|
(14)
|
(9)
|
4
|
1
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
1
|
2
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
(1)
|
(1)
|
|
Net Income (Common) |
3 970
N/A
|
3 915
-1%
|
1 974
-50%
|
2 169
+10%
|
2 061
-5%
|
2 152
+4%
|
2 656
+23%
|
2 734
+3%
|
1 948
-29%
|
1 776
-9%
|
1 792
+1%
|
2 023
+13%
|
2 240
+11%
|
2 392
+7%
|
2 438
+2%
|
2 597
+7%
|
2 868
+10%
|
2 951
+3%
|
2 958
+0%
|
2 984
+1%
|
4 910
+65%
|
5 058
+3%
|
3 297
-35%
|
2 894
-12%
|
3 106
+7%
|
3 664
+18%
|
3 581
-2%
|
3 819
+7%
|
3 895
+2%
|
3 947
+1%
|
3 750
-5%
|
3 246
-13%
|
3 563
+10%
|
4 104
+15%
|
4 597
+12%
|
5 457
+19%
|
5 707
+5%
|
5 843
+2%
|
6 184
+6%
|
6 481
+5%
|
6 409
-1%
|
|
EPS (Diluted) |
6.12
N/A
|
6.15
+0%
|
3.14
-49%
|
3.5
+11%
|
3.35
-4%
|
3.53
+5%
|
4.39
+24%
|
4.58
+4%
|
3.32
-28%
|
3.04
-8%
|
3.07
+1%
|
3.44
+12%
|
3.74
+9%
|
4.01
+7%
|
4.09
+2%
|
4.32
+6%
|
4.74
+10%
|
4.84
+2%
|
4.86
+0%
|
4.91
+1%
|
8.72
+78%
|
8.96
+3%
|
5.83
-35%
|
5.12
-12%
|
5.5
+7%
|
6.5
+18%
|
6.35
-2%
|
6.78
+7%
|
6.92
+2%
|
7.01
+1%
|
6.66
-5%
|
5.78
-13%
|
6.34
+10%
|
7.31
+15%
|
8.21
+12%
|
10.15
+24%
|
10.61
+5%
|
10.87
+2%
|
11.5
+6%
|
12.07
+5%
|
11.95
-1%
|