L'Oréal
€372.75Change from previous close: +0.27%Absolute change: +€1.00
At a glance
- Revenue growth
- +1.30%
- 2025 vs 2024
- Net income growth
- −4.39%
- 2025 vs 2024
- Net margin
- 13.9%
- 2024: 14.7%
Financial data
Amounts in millions of EUR; per-share values in EUR; shares in millions.
| Item | Q2 2026 | Q4 2025 | Q2 2025 | Q4 2024 | Q2 2024 | Q4 2023 | Q2 2023 | Q4 2022 | Q2 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 3,839 | 5,150 | 3,507 | 5,518 | 2,768 | 4,783 | 2,822 | 4,303 | 1,975 | 4,067 |
| Depreciation and amortization | 921 | 702 | 792 | 681 | 759 | 571 | 684 | 556 | 712 | 272 |
| Capital expenditure | -716 | -730 | -766 | -861 | -781 | -765 | -724 | -705 | -638 | -552 |
| Investing cash flow | -8,970 | -2,780 | 1,373 | -2,753 | -951 | -3,220 | -924 | -1,525 | -699 | -938 |
| Financing cash flow | -711 | 2,671 | -4,068 | -1,409 | -3,376 | -2,209 | 594 | -3,003 | -1,077 | -5,269 |
| Dividends paid | -3,926 | -76.3 | -3,841 | -9.0 | -3,606 | -27.4 | -3,398 | -48.7 | -2,641 | -30.1 |
| Share repurchases | -501 | — | -502 | -498 | — | -503 | — | -502 | — | -8,956 |
| Debt issued | 3,936 | 3,092 | 965 | 1,064 | 465 | -667 | 4,234 | 22.1 | 2,998 | 3,913 |
| Debt repaid | -219 | -394 | -692 | -2,023 | -235 | -1,013 | -241 | -2,577 | -1,433 | -196 |
| Effect of exchange rates | 25.5 | 3.2 | -42.4 | -31.7 | -1.1 | -62.9 | -113 | -145 | 73.9 | 28.9 |
| Net change in cash | -5,816 | 5,043 | 770 | 1,324 | -1,560 | -709 | 2,379 | -370 | 274 | -2,111 |
| Free cash flow | 3,123 | 4,420 | 2,741 | 4,657 | 1,987 | 4,018 | 2,098 | 3,598 | 1,337 | 3,515 |
| Levered free cash flow | 2,435 | 3,993 | 1,950 | 4,365 | 1,061 | 3,587 | 903 | 2,944 | 636 | 2,997 |