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e.l.f. Beauty, Inc. (ELF) Stock Fundamental Analysis & AI Rating 2026

ELF NYSE Perfumes, Cosmetics & Other Toilet Preparations DE CIK: 0001600033
Updated This Month • Analysis: Mar 24, 2026 • SEC Data: 2025-12-31
Combined AI Rating
BUY
74% Confidence
AGREEMENT
BUY
72% Conf
HOLD
76% Conf

📊 ELF Key Takeaways

Revenue: $1.2B
Net Margin: 6.4%
Free Cash Flow: $89.5M
Current Ratio: 2.76x
Debt/Equity: 0.73x
EPS: $1.28
AI Rating: BUY with 72% confidence
e.l.f. Beauty, Inc. (ELF) receives a BUY rating with 74% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.2B, net profit margin of 6.4%, and return on equity (ROE) of 6.5%, e.l.f. Beauty, Inc. demonstrates strong fundamentals in the Consumer sector. Below is our complete ELF stock analysis for 2026.

Is e.l.f. Beauty, Inc. (ELF) a Good Investment?

Claude

e.l.f. Beauty demonstrates solid operational performance with strong gross margins (70%) and healthy free cash flow generation ($89.5M), indicating efficient operations and sustainable profitability. The company maintains good financial health with a 2.76x current ratio and manageable leverage (0.73x D/E), though modest net margins (6.4%) and ROE (6.5%) suggest room for operational improvement and capital efficiency gains.

ChatGPT

e.l.f. Beauty shows solid core fundamentals with strong gross margins, positive free cash flow, and healthy liquidity, indicating a resilient operating model. However, relatively modest operating and net margins, low ROE/ROA, and a sizable long-term debt load limit the strength of the overall fundamental picture. The business appears financially sound, but improvement in earnings efficiency and cash generation quality is needed for a more bullish view.

Why Buy e.l.f. Beauty, Inc. Stock? ELF Key Strengths

Claude
  • + Exceptional gross margin of 70% demonstrates pricing power and efficient cost of goods sold management
  • + Robust free cash flow of $89.5M (7.5% FCF margin) exceeds net income, indicating high-quality earnings and strong cash generation relative to revenue
  • + Solid balance sheet with 2.76x current ratio and low leverage (0.73x D/E) providing financial flexibility and low immediate solvency risk
ChatGPT
  • + Strong 70.0% gross margin reflects pricing power and efficient product economics
  • + Healthy liquidity profile with a 2.76x current ratio and 1.89x quick ratio supports near-term financial flexibility
  • + Positive operating cash flow and $89.49M in free cash flow show the business is generating cash after investment needs

ELF Stock Risks: e.l.f. Beauty, Inc. Investment Risks

Claude
  • ! Net margin of only 6.4% and ROE of 6.5% reveal suboptimal profitability and capital efficiency relative to asset base of $2.3B
  • ! High long-term debt of $849.2M represents 71% of stockholders equity, concentrating financial risk and potentially limiting strategic options
  • ! Limited visibility on growth trajectory with no YoY comparisons provided, making it difficult to assess revenue and earnings momentum
ChatGPT
  • ! Net margin of 6.4% and operating margin of 10.4% suggest limited bottom-line cushion if costs rise or growth slows
  • ! Long-term debt of $849.18M is meaningful relative to equity and could constrain flexibility
  • ! ROE of 6.5% and ROA of 3.3% indicate capital is not yet being converted into high returns

Key Metrics to Watch

Claude
  • * Year-over-year revenue growth rate to assess market demand and market share trajectory
  • * Net margin expansion to 8-10% range through operating leverage improvements
  • * Debt reduction trajectory to strengthen balance sheet and improve leverage ratios below 0.6x
ChatGPT
  • * Operating margin and net margin trend
  • * Free cash flow growth relative to revenue growth

e.l.f. Beauty, Inc. (ELF) Financial Metrics & Key Ratios

Revenue
$1.2B
Net Income
$75.7M
EPS (Diluted)
$1.28
Free Cash Flow
$89.5M
Total Assets
$2.3B
Cash Position
$196.8M

💡 AI Analyst Insight

Strong liquidity with a 2.76x current ratio provides a solid financial cushion.

ELF Profit Margin, ROE & Profitability Analysis

Gross Margin 70.0%
Operating Margin 10.4%
Net Margin 6.4%
ROE 6.5%
ROA 3.3%
FCF Margin 7.5%

ELF vs Consumer Sector: How e.l.f. Beauty, Inc. Compares

How e.l.f. Beauty, Inc. compares to Consumer sector averages

Net Margin
ELF 6.4%
vs
Sector Avg 8.0%
ELF Sector
ROE
ELF 6.5%
vs
Sector Avg 18.0%
ELF Sector
Current Ratio
ELF 2.8x
vs
Sector Avg 1.5x
ELF Sector
Debt/Equity
ELF 0.7x
vs
Sector Avg 0.8x
ELF Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is e.l.f. Beauty, Inc. Stock Overvalued? ELF Valuation Analysis 2026

Based on fundamental analysis, e.l.f. Beauty, Inc. has mixed fundamental signals relative to the Consumer sector in 2026.

Return on Equity
6.5%
Sector avg: 18%
Net Profit Margin
6.4%
Sector avg: 8%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.73x
Sector avg: 0.8x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

e.l.f. Beauty, Inc. Balance Sheet: ELF Debt, Cash & Liquidity

Current Ratio
2.76x
Quick Ratio
1.89x
Debt/Equity
0.73x
Debt/Assets
50.0%
Interest Coverage
N/A
Long-term Debt
$849.2M

ELF Revenue & Earnings Growth: 5-Year Financial Trend

ELF 5-year financial data: Year 2021: Revenue $318.1M, Net Income $690.0K, EPS $0.01. Year 2022: Revenue $392.2M, Net Income $3.7M, EPS $0.07. Year 2023: Revenue $578.8M, Net Income $1.5M, EPS $0.03. Year 2024: Revenue $1.0B, Net Income $8.3M, EPS $0.15. Year 2025: Revenue $1.3B, Net Income $14.5M, EPS $0.27.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: e.l.f. Beauty, Inc.'s revenue has grown significantly by 313% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.27 reflects profitable operations.

ELF Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
7.5%
Free cash flow / Revenue

ELF Quarterly Earnings & Performance

Quarterly financial performance data for e.l.f. Beauty, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $355.3M $3.0M $0.30
Q2 2026 $301.1M $3.0M $0.05
Q1 2026 $324.5M $33.3M $0.58
Q3 2025 $270.9M $17.3M $0.30
Q2 2025 $215.5M $19.0M $0.33
Q1 2025 $216.3M $47.6M $0.81
Q3 2024 $146.5M $11.7M $0.34
Q2 2024 $122.3M $11.7M $0.21

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

e.l.f. Beauty, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$110.1M
Cash generated from operations
Stock Buybacks
$50.0M
Shares repurchased (TTM)
Capital Expenditures
$20.6M
Investment in assets
Dividends Paid
$68.0M
Returned to shareholders

ELF SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for e.l.f. Beauty, Inc. (CIK: 0001600033)

📋 Recent SEC Filings

Date Form Document Action
Apr 2, 2026 4 xslF345X06/form4.xml View →
Feb 23, 2026 4 xslF345X05/form4.xml View →
Feb 17, 2026 4 xslF345X05/form4.xml View →
Feb 13, 2026 8-K elf-20260212.htm View →
Feb 5, 2026 10-Q elf-20251231.htm View →

Frequently Asked Questions about ELF

What is the AI rating for ELF?

e.l.f. Beauty, Inc. (ELF) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (HOLD) with 74% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are ELF's key strengths?

Claude: Exceptional gross margin of 70% demonstrates pricing power and efficient cost of goods sold management. Robust free cash flow of $89.5M (7.5% FCF margin) exceeds net income, indicating high-quality earnings and strong cash generation relative to revenue. ChatGPT: Strong 70.0% gross margin reflects pricing power and efficient product economics. Healthy liquidity profile with a 2.76x current ratio and 1.89x quick ratio supports near-term financial flexibility.

What are the risks of investing in ELF?

Claude: Net margin of only 6.4% and ROE of 6.5% reveal suboptimal profitability and capital efficiency relative to asset base of $2.3B. High long-term debt of $849.2M represents 71% of stockholders equity, concentrating financial risk and potentially limiting strategic options. ChatGPT: Net margin of 6.4% and operating margin of 10.4% suggest limited bottom-line cushion if costs rise or growth slows. Long-term debt of $849.18M is meaningful relative to equity and could constrain flexibility.

What is ELF's revenue and growth?

e.l.f. Beauty, Inc. reported revenue of $1.2B.

Does ELF pay dividends?

e.l.f. Beauty, Inc. pays dividends, with $68.0M distributed to shareholders in the trailing twelve months.

Where can I find ELF SEC filings?

Official SEC filings for e.l.f. Beauty, Inc. (CIK: 0001600033) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ELF's EPS?

e.l.f. Beauty, Inc. has a diluted EPS of $1.28.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is ELF a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, e.l.f. Beauty, Inc. has a BUY rating with 74% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is ELF stock overvalued or undervalued?

Valuation metrics for ELF: ROE of 6.5% (sector avg: 18%), net margin of 6.4% (sector avg: 8%). Compare these metrics with sector averages to assess valuation.

Should I buy ELF stock in 2026?

Our dual AI analysis gives e.l.f. Beauty, Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is ELF's free cash flow?

e.l.f. Beauty, Inc.'s operating cash flow is $110.1M, with capital expenditures of $20.6M. FCF margin is 7.5%.

How does ELF compare to other Consumer stocks?

Vs Consumer sector averages: Net margin 6.4% (avg: 8%), ROE 6.5% (avg: 18%), current ratio 2.76 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 24, 2026 | Data as of: 2025-12-31 | Powered by Claude AI