EL vs UL: Estee Lauder Companies and Unilever PLC ADR compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Unilever PLC ADR is the larger company, worth $135.0B, about 3.5 times Estee Lauder Companies.
- Estee Lauder Companies grew revenue faster over the last year (+6.3% vs -3.8%).
- Unilever PLC ADR keeps more of each dollar of revenue as operating profit (17.9% vs 5.2%).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | EL | UL |
|---|---|---|
| Market cap | $38.1B | $135.0B |
| Share price | $98.05 | $62.26 |
| Revenue (last fiscal year) | $15.0B | $50.5B |
| Free cash flow (last fiscal year) | $1.3B | $6.8B |
| Revenue growth, last year | +6.3% | -3.8% |
| Revenue growth per year, last 5 fiscal years | -4.0% | -0.9% |
| Operating margin | 5.2% | 17.9% |
| Net margin | 1.2% | 18.8% |
| Return on equity | 4.8% | 53.2% |
| P/E (trailing) | — | 20.6x |
| Price / free cash flow | 29.0x | 21.6x |
| EV / EBITDA | 24.8x | 11.7x |
| FCF growth the price implies | 9.8% | — |
| Dividend yield | 1.5% | 3.7% |
| Debt / equity | 4.19x | 3.15x |
| Fundamental grade | D | C |
| Superinvestors holding it | 5 | 9 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Estee Lauder Companies
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2022 | $17.7B | $2.0B | 17.9% |
| 2023 | $15.9B | $728M | 9.5% |
| 2024 | $15.6B | $1.4B | 6.2% |
| 2025 | $14.3B | $670M | -5.5% |
| 2026 | $15.0B | $1.3B | 5.2% |
Unilever PLC ADR
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $52.4B | $6.6B | 16.6% |
| 2022 | $60.1B | $5.6B | 17.9% |
| 2023 | $51.7B | $8.0B | 17.4% |
| 2024 | $52.5B | $7.9B | 16.8% |
| 2025 | $50.5B | $6.8B | 17.9% |
Where the revenue comes from
Estee Lauder Companies · by regions, 2026
All other countries$7.4B49%
Mainland China$3.9B26%
U.S.$3.7B25%
Unilever PLC ADR · by segments, 2025
Personal Care$13.2B26%
Foods$12.9B26%
Beauty & Wellbeing$12.8B25%
Home Care$11.6B23%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open EL in InvestinglyQuestions
Which is bigger, Estee Lauder Companies or Unilever PLC ADR?
Unilever PLC ADR (UL), at $135.0B against $38.1B.
Which grows faster, EL or UL?
Estee Lauder Companies: revenue grew +6.3% over the last year, against -3.8%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.