e.l.f. Beauty, Inc.

ELFNYSEConsumer Defensive● Active

$52.70

+$3.13(+6.31%)

Market Cap$3.1B

P/E Ratio—

52W High$150.99

52W Low$49.22

Avg Volume3.0M

Open$50.05

Beta2.39

Overview

e.l.f. Beauty, Inc. (ELF) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ELF · free cash flow · updated Jun 8, 2026

Core FCF metrics

ELF · FCF · TTM · margin & CAGR

Free cash flow was $190.1M for FY2026 (fiscal year ending 2026-03-31), up 64.8% year-over-year The FCF margin was 11.6%. Five-year CAGR stands at +52.6%.

FY2026 Free Cash Flow$190.1M▲ +64.8% YoY

Trailing 12M (TTM)$190.1Mtrailing 4 quarters sum

FCF Margin11.6%$190.1M ÷ revenue

3-Year CAGR+23.8%FY2023 → FY2026

5-Year CAGR+52.6%FY2021 → FY2026

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ELF · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2026Latest$212.5M(22M)$190.1M▲ +64.8%11.6%

FY2025$133.8M(19M)$115.3M▲ +84.5%8.8%

FY2024$71.2M(9M)$62.5M▼ 37.6%6.1%

FY2023$101.9M(2M)$100.2M▲ +581.6%17.3%

FY2022$19.5M(5M)$14.7M▼ 36.1%3.8%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ELF · P/FCF · FCF yield · FCF per share

e.l.f. Beauty, Inc. (ELF) trades at a FCF yield of 5.97% and a price-to-free-cash-flow ratio of 16.2x. FCF per share stands at $3.26, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

5.97%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$3.26

TTM FCF ÷ Shares Outstanding

Price / FCF

x16.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x20.0

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2026 · 2026-03-31

Cash flow statement summary

ELF · cash flow statement · operating / investing / financing

For FY2026, e.l.f. Beauty, Inc. generated $212.5M in operating cash flow and spent 22M in capital expenditures, yielding $190.1M in free cash flow.

Operating Activities

+$212.5M

Cash from core business operations

2026-03-31

Investing Activities

−$605.2M

CapEx, acquisitions & investments

2026-03-31

Financing Activities

+$533.9M

Buybacks, dividends & debt

2026-03-31

FCF FormulaOperating CF ($212.5M) − |CapEx| (22M) = FCF ($190.1M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Defensive)

ELF vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

e.l.f. Beauty, Inc.YOU

ELF

$190.1M+64.8%11.6%

The Procter & Gamble Company

$14.04B-15.0%16.7%

94%

Philip Morris International Inc.

$10.66B-1.0%26.2%

71%

Costco Wholesale Corporation

COST

$7.84B+18.2%2.8%

53%

The Coca-Cola Company

$5.30B+11.7%11.0%

35%

Consumer Defensive · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

e.l.f. Beauty, Inc. (ELF) reported free cash flow of $190.1M for FY2026 (fiscal year ending 2026-03-31), up 64.8% year-over-year. The FCF margin was 11.6%.

Based on available data, e.l.f. Beauty, Inc. has maintained positive free cash flow for at least 10 fiscal year(s). FCF peaked at $190.1M in FY2026. The 5-year CAGR stands at +52.6%.

e.l.f. Beauty, Inc.'s FCF yield is 5.97% and price-to-FCF ratio is 16.2x for FY2026, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ELF free cash flow · 8 questions

e.l.f. Beauty, Inc. free cash flow was $190.1M for FY2026, up 64.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $190.1M.

ELF free cash flowELF FCFELF FCF 2026ELF free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · e.l.f. Beauty, Inc. · e.l.f. Beauty, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026