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France
In shortL'oreal is profitable, generates cash and carries moderate debt, with revenue stable (+1.3% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 19.0% | 80/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 13.9% | 76/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 18.0% | 90/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 14.7% | 98/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.44× | 54/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.29× | 95/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 0.03× | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 19.7% | 99/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.41× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 7.1% | 85/100 |
| Operating margin volatility | 0.5% | 100/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 4.8% | 43/100 |
|---|---|---|
| EPS growth, 3-year average | 2.5% | 38/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
2 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
EUR millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 32,288 | 38,261 | 41,183 | 43,487 | 44,052 |
| Cost of revenue | 8,433 | 10,577 | 10,767 | 11,227 | 11,313 |
| Gross profit | 23,854 | 27,683 | 30,416 | 32,260 | 32,739 |
| Research & development | 1,029 | 1,139 | 1,289 | 1,355 | 1,381 |
| Selling, general & admin | 6,074 | 7,029 | 7,627 | 8,209 | 8,288 |
| Operating income | 5,728 | 7,215 | 7,693 | 8,250 | 8,387 |
| Interest expense | 38 | – | – | – | – |
| Income tax | 1,445 | 1,899 | 1,811 | 2,015 | 2,363 |
| Net income | 4,597 | 5,707 | 6,184 | 6,409 | 6,127 |
| Diluted EPS | €8.21 | €10.61 | €11.52 | €11.95 | €11.44 |
2 older years available with the 10-year history. Essential plan, from €8.25/month →
Not computed: a required balance-sheet item is missing.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Mar 18, 2026