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Side-by-side financial comparison of Estée Lauder Companies (The) (EL) and PAN AMERICAN SILVER CORP (PAAS). Click either name above to swap in a different company.

Estée Lauder Companies (The) is the larger business by last-quarter revenue ($4.2B vs $2.8B, roughly 1.5× PAN AMERICAN SILVER CORP).

Estée Lauder was an American businesswoman. She co-founded her eponymous cosmetics company with her husband, Joseph Lauter. Lauder was the only woman on Time magazine's 1998 list of the 20 most influential business geniuses of the 20th century.

Pan American Silver Corporation is a mining company based in Canada with operations in Latin America. The company has mines and other projects in Mexico, Peru, Bolivia, and Argentina.

EL vs PAAS — Head-to-Head

Bigger by revenue
EL
EL
1.5× larger
EL
$4.2B
$2.8B
PAAS

Income Statement — Q2 FY2026 vs Q3 FY2022

Metric
EL
EL
PAAS
PAAS
Revenue
$4.2B
$2.8B
Net Profit
$162.0M
Gross Margin
76.5%
27.0%
Operating Margin
9.5%
Net Margin
3.8%
Revenue YoY
5.6%
Net Profit YoY
127.5%
EPS (diluted)
$0.44
$-1.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EL
EL
PAAS
PAAS
Q4 25
$4.2B
Q3 25
$3.5B
Q2 25
$3.4B
Q1 25
$3.5B
Q4 24
$4.0B
Q3 24
$3.4B
Q2 24
$3.9B
Q1 24
$3.9B
Net Profit
EL
EL
PAAS
PAAS
Q4 25
$162.0M
Q3 25
$47.0M
Q2 25
$-546.0M
Q1 25
$159.0M
Q4 24
$-590.0M
Q3 24
$-156.0M
Q2 24
$-286.0M
Q1 24
$335.0M
Gross Margin
EL
EL
PAAS
PAAS
Q4 25
76.5%
Q3 25
73.4%
Q2 25
72.0%
Q1 25
75.0%
Q4 24
76.1%
Q3 24
72.4%
Q2 24
71.8%
Q1 24
71.9%
Operating Margin
EL
EL
PAAS
PAAS
Q4 25
9.5%
Q3 25
4.9%
Q2 25
-11.4%
Q1 25
8.6%
Q4 24
-14.5%
Q3 24
-3.6%
Q2 24
-6.0%
Q1 24
13.5%
Net Margin
EL
EL
PAAS
PAAS
Q4 25
3.8%
Q3 25
1.4%
Q2 25
-16.0%
Q1 25
4.5%
Q4 24
-14.7%
Q3 24
-4.6%
Q2 24
-7.4%
Q1 24
8.5%
EPS (diluted)
EL
EL
PAAS
PAAS
Q4 25
$0.44
Q3 25
$0.13
Q2 25
$-1.52
Q1 25
$0.44
Q4 24
$-1.64
Q3 24
$-0.43
Q2 24
$-0.79
Q1 24
$0.91

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EL
EL
PAAS
PAAS
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$7.3B
Stockholders' EquityBook value
$4.0B
Total Assets
$19.6B
Debt / EquityLower = less leverage
1.82×

8-quarter trend — quarters aligned by calendar period.

Total Debt
EL
EL
PAAS
PAAS
Q4 25
$7.3B
Q3 25
$7.3B
Q2 25
$7.3B
Q1 25
$7.3B
Q4 24
$7.3B
Q3 24
$7.3B
Q2 24
$7.3B
Q1 24
$7.3B
Stockholders' Equity
EL
EL
PAAS
PAAS
Q4 25
$4.0B
Q3 25
$3.9B
Q2 25
$3.9B
Q1 25
$4.3B
Q4 24
$4.2B
Q3 24
$5.1B
Q2 24
$5.3B
Q1 24
$5.7B
Total Assets
EL
EL
PAAS
PAAS
Q4 25
$19.6B
Q3 25
$19.3B
Q2 25
$19.9B
Q1 25
$19.9B
Q4 24
$19.8B
Q3 24
$21.3B
Q2 24
$21.7B
Q1 24
$22.7B
Debt / Equity
EL
EL
PAAS
PAAS
Q4 25
1.82×
Q3 25
1.88×
Q2 25
1.89×
Q1 25
1.68×
Q4 24
1.75×
Q3 24
1.44×
Q2 24
1.37×
Q1 24
1.26×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EL
EL
PAAS
PAAS
Operating Cash FlowLast quarter
$1.1B
Free Cash FlowOCF − Capex
$1.0B
FCF MarginFCF / Revenue
24.0%
Capex IntensityCapex / Revenue
2.6%
Cash ConversionOCF / Net Profit
6.94×
TTM Free Cash FlowTrailing 4 quarters
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EL
EL
PAAS
PAAS
Q4 25
$1.1B
Q3 25
$-340.0M
Q2 25
$601.0M
Q1 25
$284.0M
Q4 24
$1.1B
Q3 24
$-670.0M
Q2 24
$889.0M
Q1 24
$534.0M
Free Cash Flow
EL
EL
PAAS
PAAS
Q4 25
$1.0B
Q3 25
$-436.0M
Q2 25
$394.0M
Q1 25
$162.0M
Q4 24
$925.0M
Q3 24
$-811.0M
Q2 24
$672.0M
Q1 24
$359.0M
FCF Margin
EL
EL
PAAS
PAAS
Q4 25
24.0%
Q3 25
-12.5%
Q2 25
11.6%
Q1 25
4.6%
Q4 24
23.1%
Q3 24
-24.1%
Q2 24
17.4%
Q1 24
9.1%
Capex Intensity
EL
EL
PAAS
PAAS
Q4 25
2.6%
Q3 25
2.8%
Q2 25
6.1%
Q1 25
3.4%
Q4 24
3.3%
Q3 24
4.2%
Q2 24
5.6%
Q1 24
4.4%
Cash Conversion
EL
EL
PAAS
PAAS
Q4 25
6.94×
Q3 25
-7.23×
Q2 25
Q1 25
1.79×
Q4 24
Q3 24
Q2 24
Q1 24
1.59×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EL
EL

Skin Care$2.1B49%
Makeup$1.2B28%
Fragrance$812.0M19%
Hair Care$168.0M4%
Other$31.0M1%

PAAS
PAAS

Segment breakdown not available.

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