ELFe.l.f. Beauty, Inc.

$106.97

Is it safe?

Can ELF take a bad year?

e.l.f. Beauty, Inc. carries $550M of net debt at 4.13× EBITDA: a heavy load to carry through a bad year.

$550M

Net debt · as at Q4 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
4.13×

Net debt / EBITDA · 0.57× a year ago · the load is going up

Altman Z-score
2.76

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

Debt / equity
0.74×

Debt / equity

Details
Total debtQ4 2026
$839M
Cash and short-term investments
$290M
Net debt
$550M
EBITDA, trailing twelve months
$133M
Operating profit, trailing twelve months
$74M
Debt / equity
0.74×
Total debt / EBITDA
6.30×
Annualised volatilitytwo years of daily moves
70%
Worst drawdown on file
−77%
Below its 52-week high
−27%

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