Revenue growth has deteriorated to -10.5% in 2026Q2, while operating margins have collapsed from 12.8% in 2024Q3 to 3.5% in 2026Q2.
| Metric | TTM | Sep'25 | Sep'24 | Sep'23 | Sep'22 | Sep'21 | Sep'20 | Sep'19 | Sep'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | Sep'12 | Sep'11 | Sep'10 | Sep'09 | Sep'08 | Sep'07 | Sep'06 | Sep'05 | Sep'04 | Sep'03 | Sep'02 | Sep'01 | Sep'00 | Sep'99 | Sep'98 |
|---|
| Sales/Revenue | 2.11B | 2.22B | 2.25B | 2.25B | 2.17B | 2.09B | 1.95B | 2.14B | 2.23B | 2.3B | 2.36B | 2.42B | 4.45B | 4.47B | 4.57B | 4.65B | 4.25B | 4B | 4.33B | 3.37B | 3.08B | 2.99B | 2.81B | 2.23B | 1.74B | 1.69B | 1.91B | 1.87B | 1.92B |
| Revenue Growth % | -5.3% | -1.34% | 0.09% | 3.68% | 4.04% | 7.06% | -8.94% | -4.18% | -2.78% | -2.69% | -2.45% | -45.56% | -0.41% | -2.22% | -1.69% | 9.35% | 6.21% | -7.65% | 28.7% | 9.37% | 2.91% | 6.3% | 25.99% | 28.33% | 2.69% | -11.5% | 2.24% | -2.58% | - |
| Cost of Goods Sold | 1.25B | 1.3B | 1.3B | 1.31B | 1.29B | 1.14B | 1.07B | 1.17B | 1.2B | 1.17B | 1.2B | 1.24B | 1.32B | 1.25B | 2.43B | 2.5B | 2.23B | 2.14B | 2.29B | 1.76B | 1.6B | 1.51B | 1.4B | 1.27B | 963.8M | 999.1M | 1.04B | 997.9M | 1B |
| COGS % of Revenue | - | 58.4% | 57.59% | 58.22% | 59.46% | 54.43% | 54.82% | 54.85% | 53.77% | 51.01% | 50.89% | 51.11% | 29.73% | 27.98% | 53.19% | 53.81% | 52.47% | 53.53% | 52.95% | 52.31% | 51.87% | 50.58% | 49.92% | 57.07% | 55.4% | 58.97% | 54.54% | 53.3% | 52.26% |
| Gross Profit | 855M | 924.9M | 955.7M | 940.8M | 880.5M | 951.2M | 880.9M | 966.6M | 1.03B | 1.13B | 1.16B | 1.18B | 1.29B | 1.2B | 2.14B | 2.15B | 2.02B | 1.86B | 2.04B | 1.6B | 1.48B | 1.48B | 1.41B | 958.3M | 775.9M | 695.1M | 883.7M | 874.4M | 917.4M |
| Gross Margin % | 40.58% | 41.6% | 42.41% | 41.78% | 40.54% | 45.57% | 45.18% | 45.15% | 46.23% | 48.99% | 49.11% | 48.89% | 29% | 26.86% | 46.81% | 46.19% | 47.53% | 46.47% | 47.05% | 47.69% | 48.13% | 49.42% | 50.08% | 42.93% | 44.6% | 41.03% | 46.16% | 46.7% | 47.74% |
| Gross Profit Growth % | - | -3.22% | 1.58% | 6.85% | -7.43% | 7.98% | -8.87% | -6.42% | -8.26% | -2.93% | -2.02% | -8.23% | 7.55% | -43.9% | -0.36% | 6.26% | 8.65% | -8.79% | 26.98% | 8.37% | 0.21% | 4.9% | 47% | 23.51% | 11.62% | -21.34% | 1.06% | -4.69% | - |
| Operating Expenses | 747.4M | 828.3M | 756.4M | 713.8M | 698.2M | 711.3M | 704.9M | 722.8M | 1.03B | 1.13B | 1.16B | 1.18B | 1.29B | 1.2B | 2.14B | 2.15B | 2.02B | 1.86B | 2.04B | 1.6B | 1.48B | 1.48B | 1.41B | 958.3M | 775.9M | 695.1M | 883.7M | 874.4M | 654.9M |
| OpEx % of Revenue | - | 37.25% | 33.56% | 31.7% | 32.15% | 34.08% | 36.15% | 33.76% | 46.23% | 48.99% | 49.11% | 48.89% | 29% | 26.86% | 46.81% | 46.19% | 47.53% | 46.47% | 47.05% | 47.69% | 48.13% | 49.42% | 50.08% | 42.93% | 44.6% | 41.03% | 46.16% | 46.7% | 34.08% |
| Selling, General & Admin | 606.3M | 671.7M | 662.1M | 638.7M | 627.4M | 632.7M | 625M | 622.9M | 688.4M | 710.8M | 749.4M | 938.7M | 906M | 811M | 1.34B | 1.38B | 1.23B | 1.16B | 1.28B | 1.02B | 970.8M | 969M | 954.1M | 633.6M | 431.5M | 453.9M | 509.5M | 561.6M | 581.5M |
| SG&A % of Revenue | - | 30.21% | 29.38% | 28.37% | 28.89% | 30.31% | 32.06% | 29.09% | 30.81% | 30.93% | 31.73% | 38.77% | 20.37% | 18.16% | 29.28% | 29.71% | 28.88% | 28.93% | 29.57% | 30.4% | 31.55% | 32.41% | 33.92% | 28.38% | 24.8% | 26.79% | 26.62% | 30% | 30.26% |
| Research & Development | 58.5M | 57.6M | 58.4M | 58.5M | 55.5M | 57.8M | 55.3M | 53.5M | 61.1M | 67.6M | 71.9M | 71M | 69.5M | 69.3M | 112.5M | 108.3M | 97.1M | 90.5M | 91.7M | 70.7M | 74.2M | 69.9M | 74M | 51.5M | 37.1M | 46.4M | 49.9M | 48.5M | 46.6M |
| R&D % of Revenue | - | 2.59% | 2.59% | 2.6% | 2.56% | 2.77% | 2.84% | 2.5% | 2.73% | 2.94% | 3.04% | 2.93% | 1.56% | 1.55% | 2.46% | 2.33% | 2.29% | 2.26% | 2.12% | 2.1% | 2.41% | 2.34% | 2.63% | 2.31% | 2.13% | 2.74% | 2.61% | 2.59% | 2.42% |
| Other Operating Expenses | 2M | 99M | 35.9M | 16.6M | 15.3M | 20.8M | 24.6M | 46.4M | 283.4M | 347.5M | 338.6M | 174.1M | 314.4M | 319.1M | 688.1M | 657.3M | 695.2M | 611M | 665.2M | 510.9M | 435.8M | 438.8M | 380.6M | 273.2M | 307.3M | 194.8M | 324.3M | 264.3M | 26.8M |
| Operating Income | 35M | 96.6M | 199.3M | 227M | 182.3M | 239.9M | 176M | 243.8M | 283.4M | 347.5M | 338.6M | 174.1M | 314.4M | 319.1M | 688.1M | 657.3M | 695.2M | 611M | 665.2M | 510.9M | 435.8M | 438.8M | 380.6M | 273.2M | 307.3M | 194.8M | 324.3M | 255.8M | 262.5M |
| Operating Margin % | 1.66% | 4.34% | 8.84% | 10.08% | 8.39% | 11.49% | 9.03% | 11.39% | 12.68% | 15.12% | 14.34% | 7.19% | 7.07% | 7.15% | 15.07% | 14.15% | 16.36% | 15.28% | 15.36% | 15.18% | 14.16% | 14.68% | 13.53% | 12.24% | 17.66% | 11.5% | 16.94% | 13.66% | 13.66% |
| Operating Income Growth % | - | -51.53% | -12.2% | 24.52% | -24.01% | 36.31% | -27.81% | -13.97% | -18.45% | 2.63% | 94.49% | -44.62% | -1.47% | -53.63% | 4.69% | -5.45% | 13.78% | -8.15% | 30.2% | 17.23% | -0.68% | 15.29% | 39.31% | -11.1% | 57.75% | -39.93% | 26.78% | -2.55% | - |
| EBITDA | 80.3M | 185.4M | 287.3M | 318.4M | 272.2M | 327M | 264.8M | 337.6M | 381M | 441.9M | 431.2M | 289.4M | 450.6M | 463.6M | 850.3M | 838.6M | 834.4M | 741.4M | 806.5M | 625.9M | 553.3M | 555.1M | 496.4M | 356.4M | 364.7M | 274.6M | 406.3M | 350.7M | 363.7M |
| EBITDA Margin % | 3.81% | 8.34% | 12.75% | 14.14% | 12.53% | 15.67% | 13.58% | 15.77% | 17.05% | 19.23% | 18.26% | 11.95% | 10.13% | 10.38% | 18.62% | 18.05% | 19.64% | 18.54% | 18.62% | 18.6% | 17.98% | 18.57% | 17.65% | 15.96% | 20.96% | 16.21% | 21.22% | 18.73% | 18.93% |
| EBITDA Growth % | -70.14% | -35.47% | -9.77% | 16.97% | -16.76% | 23.49% | -21.56% | -11.39% | -13.78% | 2.48% | 49% | -35.77% | -2.8% | -45.48% | 1.4% | 0.5% | 12.54% | -8.07% | 28.85% | 13.12% | -0.32% | 11.83% | 39.28% | -2.28% | 32.81% | -32.41% | 15.85% | -3.57% | - |
| D&A (Non-Cash Add-back) | 45.3M | 88.8M | 88M | 91.4M | 89.9M | 87.1M | 88.8M | 93.8M | 97.6M | 94.4M | 92.6M | 115.3M | 136.2M | 144.5M | 162.2M | 181.3M | 139.2M | 130.4M | 141.3M | 115M | 117.5M | 116.3M | 115.8M | 83.2M | 57.4M | 79.8M | 82M | 94.9M | 101.2M |
| EBIT | 600K | 96.8M | 197.4M | 226.2M | 195.5M | 215M | 148.5M | -327.7M | 231.8M | 16.3M | 291.7M | -358.9M | 264.8M | 332M | 692.7M | 527.4M | 668.8M | 590M | 654.5M | 510.9M | 435.8M | 438.8M | 380.6M | 273.2M | 307.3M | 194.8M | 324.3M | 255.8M | 0 |
| Net Interest Income | -71.4M | -73.2M | -76.5M | -78.5M | -71.4M | -67.9M | -61.2M | -62.6M | -68M | -69.2M | -71.8M | -99.8M | -119M | -126.6M | -122.2M | -152.4M | -125.4M | -144.7M | -181.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 71.4M | 73.2M | 76.5M | 78.5M | 71.4M | 67.9M | 61.2M | 62.6M | 68M | 69.2M | 71.8M | 99.8M | 119M | 126.6M | 127.3M | 121.4M | 125.4M | 144.7M | 181.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | -80M | -73M | -78.4M | -79.3M | -58.2M | -92.8M | -88.7M | -634.1M | -119.6M | -400.4M | -118.7M | -632.8M | -168.6M | -113.7M | -122.7M | -251.3M | -151.8M | -165.7M | -192M | -76.7M | -79.2M | -50.1M | -32.8M | -35.6M | -28.9M | -163.3M | -45.1M | -7.6M | 0 |
| Pretax Income | -45M | 23.6M | 120.9M | 147.7M | 124.1M | 147.1M | 87.3M | -390.3M | 163.8M | -52.9M | 219.9M | -458.7M | 145.8M | 205.4M | 565.4M | 406M | 543.4M | 445.3M | 473.2M | 434.2M | 356.6M | 388.7M | 347.8M | 237.6M | 278.4M | 31.5M | 279.2M | 248.2M | 262.5M |
| Pretax Margin % | -2.14% | 1.06% | 5.36% | 6.56% | 5.71% | 7.05% | 4.48% | -18.23% | 7.33% | -2.3% | 9.31% | -18.95% | 3.28% | 4.6% | 12.38% | 8.74% | 12.79% | 11.13% | 10.93% | 12.9% | 11.59% | 13% | 12.37% | 10.64% | 16% | 1.86% | 14.59% | 13.26% | 13.66% |
| Income Tax | -18.3M | -1.8M | 22.3M | 33M | 24.6M | 29.3M | 19.7M | -18.1M | 60.5M | -58.6M | 41.2M | -162.6M | 28.1M | 50.2M | 156.5M | 144.8M | 140.4M | 147.5M | 143.9M | 112.8M | 95.7M | 108M | 86.8M | 67.7M | 92M | 70.5M | 99M | 88.4M | 54.3M |
| Effective Tax Rate % | 40.67% | -7.63% | 18.44% | 22.34% | 19.82% | 19.92% | 22.57% | 4.64% | 36.94% | 110.78% | 18.74% | 35.45% | 19.27% | 24.44% | 27.68% | 35.67% | 25.84% | 33.12% | 30.41% | 25.98% | 26.84% | 27.78% | 24.96% | 28.49% | 33.05% | 223.81% | 35.46% | 35.62% | 20.69% |
| Net Income | -77.8M | 25.4M | 98.6M | 114.7M | 99.5M | 117.8M | 67.6M | -372.2M | 103.3M | 5.7M | 178.7M | -275.3M | 356.1M | 407M | 408.9M | 261.2M | 403M | 297.8M | 329.3M | 321.4M | 260.9M | 280.7M | 261M | 169.9M | 186.4M | -39M | 181.4M | 80M | 164.7M |
| Net Margin % | -3.69% | 1.14% | 4.38% | 5.09% | 4.58% | 5.64% | 3.47% | -17.38% | 4.62% | 0.25% | 7.57% | -11.37% | 8.01% | 9.11% | 8.95% | 5.62% | 9.49% | 7.45% | 7.6% | 9.55% | 8.48% | 9.39% | 9.28% | 7.61% | 10.71% | -2.3% | 9.48% | 4.27% | 8.57% |
| Net Income Growth % | -191.85% | -74.24% | -14.04% | 15.28% | -15.53% | 74.26% | 118.16% | -460.31% | 1712.28% | -96.81% | 164.91% | -177.31% | -12.51% | -0.46% | 56.55% | -35.19% | 35.33% | -9.57% | 2.46% | 23.19% | -7.05% | 7.55% | 53.62% | -8.85% | 577.95% | -121.5% | 126.75% | -51.43% | - |
| Net Income (Continuing) | -30.7M | 25.4M | 98.6M | 114.7M | 99.5M | 117.8M | 67.6M | -372.2M | 103.3M | 5.7M | 178.7M | -296.1M | 117.7M | 155.2M | 408.9M | 261.2M | 403M | 297.8M | 329.3M | 321.4M | 260.9M | 280.7M | 261M | 169.9M | 186.4M | -39M | 180.2M | 159.8M | 164.7M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20.8M | 238.4M | 251.8M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -1.67 | 0.53 | 1.97 | 2.21 | 1.86 | 2.12 | 1.24 | -6.52 | 1.90 | 0.10 | 2.99 | -4.44 | 5.69 | 6.47 | 6.22 | 3.72 | 5.72 | 4.72 | 5.59 | 5.51 | 4.14 | 3.82 | 3.13 | 1.85 | 2.01 | -0.42 | 1.88 | 0.78 | 1.62 |
| EPS Growth % | -197.85% | -73.1% | -10.86% | 18.82% | -12.26% | 70.97% | 119.02% | -443.16% | 1800% | -96.66% | 167.34% | -178.03% | -12.06% | 4.02% | 67.2% | -34.97% | 21.19% | -15.56% | 1.45% | 33.09% | 8.38% | 22.04% | 69.19% | -7.96% | 578.57% | -122.34% | 141.03% | -51.85% | - |
| EPS (Basic) | - | 0.53 | 1.98 | 2.24 | 1.87 | 2.15 | 1.25 | -6.52 | 1.90 | 0.10 | 3.02 | -4.44 | 5.74 | 6.55 | 6.30 | 3.75 | 5.76 | 4.77 | 5.71 | 5.67 | 4.26 | 3.95 | 3.24 | 1.90 | 2.05 | -0.42 | 1.89 | 0.78 | 1.62 |
| Diluted Shares Outstanding | 46.5M | 47.6M | 50.1M | 51.8M | 53.6M | 55.2M | 54.6M | 54.1M | 54.5M | 57.5M | 59.7M | 62M | 62.6M | 62.9M | 65.7M | 70.3M | 70.5M | 63.1M | 58.9M | 58.3M | 63.02M | 73.48M | 83.4M | 91.84M | 92.74M | 92.86M | 96.49M | 102.56M | 101.6M |
| Basic Shares Outstanding | 46.5M | 47.5M | 49.7M | 51.2M | 53.1M | 54.4M | 54.3M | 54.1M | 54.4M | 57.3M | 59.2M | 61.95M | 62M | 62.1M | 64.9M | 69.6M | 70M | 62.4M | 57.6M | 56.7M | 61.24M | 71.06M | 80.6M | 89.42M | 90.93M | 92.86M | 95.98M | 102.56M | 101.6M |
| Dividend Payout Ratio | - | 115.35% | 31.14% | 27.46% | 32.76% | 21.73% | - | - | - | - | - | - | 34.79% | 25.95% | 6.09% | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Persistent Revenue Stagnation
As evidenced by the most recent quarterly data, Edgewell's top-line performance has deteriorated significantly, with revenue growth falling to -10.5% in 2026Q2, marking a sharp acceleration in the negative trajectory compared to the -0.3% decline observed in the third quarter of the 2024 fiscal year.
The consistent pattern of negative year-over-year growth suggests that the company is struggling to maintain shelf velocity in its core categories. This trend implies that either competitive pressures from private-label alternatives or a broader shift in consumer spending habits is eroding the company's ability to sustain its historical revenue base.
According to the provided income statement figures, Edgewell's gross margin has faced notable volatility, dropping from a peak of 44.3% in 2024Q3 to 41.8% in 2026Q2, which highlights the company's limited ability to pass through rising input costs to price-sensitive consumers in the personal care segment.
The inability to maintain gross margins above the 42% threshold suggests that the company's pricing power is currently insufficient to offset inflationary pressures on raw materials. Investors should monitor whether this margin erosion is a permanent feature of the current product mix or a temporary outcome of aggressive promotional activity intended to defend market share.
Based on reported financial statements, Edgewell's operating margin has collapsed from 12.8% in 2024Q3 to a mere 3.5% in 2026Q2, indicating that the company lacks the necessary operating leverage to protect profitability during periods of declining top-line revenue and elevated fixed cost requirements.
The sharp decline in operating income relative to gross profit suggests that SG&A expenses are not scaling down in proportion to revenue losses. This lack of cost flexibility appears to be a significant structural weakness that leaves the bottom line highly vulnerable to even minor fluctuations in quarterly sales volume.
As reported in recent filings, Edgewell has transitioned from consistent profitability to net losses, with the company recording a net loss of $10.6 million in 2026Q2, a stark reversal from the $49.0 million net income achieved in the third quarter of the 2024 fiscal year.
The shift into negative net income territory suggests that the company's current earnings quality is poor, as it is no longer generating positive returns for shareholders after accounting for all operating and non-operating expenses. This trend warrants further investigation into whether the company's restructuring efforts are failing to address the underlying cost inefficiencies.
Quick answers to the most common questions about buying EPC stock.
For fiscal year 2025, Edgewell Personal Care Company (EPC) reported total revenue of $2.22B. This represents a 15.7% increase compared to $1.92B in 1998.
Edgewell Personal Care Company (EPC) is profitable, generating $25.4M in net income for the fiscal year ending 2025 with a net profit margin of 1.1%.
Edgewell Personal Care Company (EPC) reported an operating income of $96.6M, resulting in an operating profit margin of 4.3%. This margin reflects the operational efficiency of the business before interest and taxes.
Edgewell Personal Care Company (EPC) generated $924.9M in gross profit for the year, representing a gross profit margin of 41.6%. This demonstrates the company's core pricing power and production efficiency.