e.l.f. Beauty, Inc. (ELF) Stock

e.l.f. Beauty, Inc. (ELF) is a Consumer Discretionary stock trading at $101.90 (as of 2026-08-21), with a market capitalization of $6.06B and a trailing P/E of 65.2. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

e.l.f. Beauty, Inc., together with its subsidiaries, provides cosmetic and skin care products under the e.l.f. Cosmetics, e.l.f. Skin, Well People, and Keys Soulcare brand names worldwide. The company offers eye, lip, face, face, paw, and skin care products. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce platforms in the United States, and internationally primarily through distributors. The company was formerly known as J.A. Cosmetics Holdings, Inc. and changed its name to e.l.f. Beauty, Inc. in April 2016. e.l.f. Beauty, Inc. was founded in 2004 and is headquartered in Oakland, California.

Understand e.l.f. Beauty, Inc.: how it makes money

e.l.f. Beauty sells cosmetic and skin care products under e.l.f. Cosmetics, e.l.f. Skin, Well People, and Keys Soulcare, making money from product sales through national and international retailers and direct-to-consumer e-commerce, with international sales primarily through distributors.

Because e.l.f. Beauty sells the same core portfolio of cosmetics and skin care products across retailers and direct-to-consumer e-commerce, its profit engine is fundamentally about brand demand that sustains sell-through while balancing channel mix (retailer versus direct) and international distribution through distributors.

Business quality (Solid): Brand engagement and international reach show up in the operating KPIs, but the input does not provide official reportable segment detail or quarter-specific performance, which limits how precisely operating drivers can be tied to margins.

Valuation: At 139× earnings, ELF trades 426% above the Consumer Goods average (26×). Note: one-time items can distort reported P/E.

Bull case

  • Large, measurable customer community: The company reports Beauty Squad Members of 5,300,000 and Beauty Squad Loyalty Program Members of 5,600,000, which can indicate sustained engagement behind repeat purchases across channels.
  • Direct and digital consumption is a meaningful part of demand: Digital Channels Percentage of Consumption is 20 percent, supported by Mobile App Downloads of 3,000,000, suggesting the brand is reaching consumers beyond store shelves.
  • International footprint exists, with around one-fifth of sales: Multiple operating KPI measures place International Net Sales share near 20 percent to about 21 percent (depending on the exact definition), indicating the business is not purely domestic.

Bear case

  • International sales rely on distributors: The company sells internationally primarily through distributors, so changes in distributor relationships or effectiveness could affect international revenue momentum.
  • If channel engagement softens, direct and digital could lose momentum: Digital Channels Percentage of Consumption and mobile app downloads are positive signals, but if consumer engagement declines, the direct and digital contribution could weaken.
  • Market share gains are not guaranteed to persist: The operating KPIs include market share gain metrics, but the bear case is that competitive dynamics could reverse those gains over time, pressuring growth.
Valuation — source: SEC EDGAR (first-party)
Price$101.90
Market Cap$6.06B
P/E Ratio65.2
EV / EBITDA23.0
Price / Book5.36
Price / Sales3.93
FCF Yield2.3%
DCF Value (model)$47.80
DCF Upside vs Price-53.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$1.64B
Net Margin1.6%
Revenue Growth (YoY)24.6%
EPS Growth (YoY)-77.4%
FCF Growth (YoY)64.8%
Financial Health — source: SEC EDGAR
Altman Z-Score3.80 (safe)
Valuation vs Sector & Industry
Stock P/E65.2
Sector P/E (Consumer Discretionary)20.7
Industry P/E (Consumer Goods)22.1
vs Sector214.9%
vs Industry195.3%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBAILLIE GIFFORD & CO ($435.66M)
Institutional Holders Tracked10
Congressional Trades (recent)9
Company
SectorConsumer Discretionary
IndustryConsumer Goods
CEOTarang Amin
Employees633
CountryUS
IPO Date2016-09-22

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ELF earnings history · ELF institutional & insider holders · ELF KPIs & operating metrics · ELF financials · ELF investor presentations & press releases · ELF SEC filings · ELF peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.