ELEstée Lauder Companies (The)

$105.02

Is it safe?

Can EL take a bad year?

Estée Lauder Companies (The) carries $3.68B of net debt at 2.98× EBITDA: a load its earnings can carry.

$3.68B

Net debt · as at Q3 2026 · between two and four years of EBITDA, normal for a stable business

Net debt / EBITDA
2.98×

Net debt / EBITDA · 23.1× a year ago · the load is coming down

Altman Z-score
2.64

Altman Z-score · grey zone, between 1.8 and 3

Interest cover
1.26×

Interest cover · operating profit barely covers the interest bill

Details
Total debtQ3 2026
$6.81B
Cash and short-term investments
$3.13B
Net debt
$3.68B
EBITDA, trailing twelve months
$1.24B
Operating profit, trailing twelve months
$429M
Debt / equity
1.71×
Total debt / EBITDA
5.50×
Annualised volatilitytwo years of daily moves
51%
Worst drawdown on file
−86%
Below its 52-week high
−12%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.