Financial performance
With unwavering focus, L’Oreal delivered solid growth in 2025. We strengthened our number one position, accelerating quarter after quarter to ultimately outperform the wider beauty market. Our two largest markets, the US and China, regained momentum, while emerging markets continued in their ascent. Thanks to the power of our multipolar model, the desirability of our brands, and the expertise, creativity and commitment of our 95,000+ employees worldwide, we remain unrivalled in beauty.
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44.05 billion euros
sales in 2025
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+4.0%
like-for like growth
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+1.3%
reported growth
Breakdown of 2025 sales
Divisions
- Consumer Products 36.5%
- Luxe 35.4%
- Dermatological Beauty 16.4%
- Professional Products 11.7%
Regions
- Europe 33.7%
- North America 26.6%
- North Asia 22.9%
- SAPMENA-SSA 9.3%
- Latin America 7.4%
Categories
- Skincare 37%
- Makeup 19%
- Haircare 18%
- Fragrances 15%
- Hair colouring 8%
2025 key figures
-
44.05 billion euros sales in 2025
-
+4.0% like-for like growth
-
+1.3% reported growth
E-commerce
- E-commerce sales >30% of total sales
- Growth at Group level +200 bps
- Growth in emerging markets +400 bps
Operating profit
- Operating profit 8.89 billion euros
- Operating profit growth +2.4%
- Operating margin 20.2%
- Earnings per share €12.71
- Earnings per share growth +0.4%
Operating profit by Division
- Dermatological Beauty 26.1%
- Professional Products 22.9%
- Luxe 22.4%
- Consumer Products 21.4%
Solid financial position(at 31 December 2025)
- Net debt 2.05 billion euros
- Standard & Poor’s - Long-term ratings AA
- Standard & Poor’s - Short-term ratings A-1+
- Moody’s - Long-term ratings Aa1
- Moody’s Short-term ratings P-1 (Prime-1)
Performance Visualiser
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Continued dividend growth: +2.9%
Dividend per share (in euros) Preferential dividend (in euros)
| Year | Dividend per share (in euros) | Preferential dividend (in euros) |
|---|---|---|
| 2025 | 7.20 | 7.92 |
| 2024 | 7.00 | 7.70 |
| 2023 | 6.60 | 7.26 |
Total annual return
Total Shareholder Return of the investment, assuming that the shares are sold at the closing price on 31 December 2025.
over 5 years
over 10 years
over 20 years
Total shareholder return
10-year return
This indicator is based on a range of criteria, including the share price and revenue received in the form of dividends excluding taxes on capital gains and dividends, based on the closing share price on 31 December 2025.
Total Shareholder Return for around €15,000 invested in L’Oréal shares, including reinvestment of dividends, excluding bank charges and tax.
|
Invested capital (in €) |
Number of shares | |
|---|---|---|
| 2015 | 15,064 | 97 |
|
2025 Value at 31/12/2025 |
43,259 | 118 |
