v3.26.3
Pay vs Performance Disclosure
 12 Months Ended
Jun. 30, 2026
USD ($)
$ / shares
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2023
USD ($)
Jun. 30, 2022
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
Pay Versus Performance
Below is disclosure relating to the compensation of our Named Executive Officers (“NEOs”) for the last five fiscal years calculated in accordance with Item 402(v) of Regulation S-K under the Securities Exchange Act of 1934 (“Item 402(v)”). Item 402(v) requires disclosure of “compensation actually paid” (referred to herein as “Compensation Actually Paid” or the “CAP Amounts”) for the Principal Executive Officer (“PEO”) and the Non-PEO NEOs.
The Compensation Committee and the Stock Plan Subcommittee do not use the CAP Amounts when making compensation decisions. For a discussion of how our Company seeks to align pay with performance when making compensation decisions, please review the “Compensation Discussion and Analysis − Elements of Compensation.”
The following tables and related disclosures provide information concerning our PEO and Non-PEO NEOs with regard to (i) the Summary Compensation Table (“SCT”) Total and (ii) the CAP Amounts.
​ ​
Fiscal
Year(1)
​ ​
Summary
Compensation
Table
Total for
Stéphane de
La Faverie
​ ​
Compensation
Actually
Paid
to Stéphane
de La
Faverie(2)
​ ​
Summary
Compensation
Table
Total for
Fabrizio
Freda
​ ​
Compensation
Actually
Paid
to Fabrizio
Freda
​ ​
Average
Summary
Compensation
Table
Total for
Non-PEO
NEOs
​ ​
Average
Compensation
Actually Paid
to Non-
PEO
NEOs(2)
​ ​
Value of Initial Fixed $100
Investment Based On(3):
​ ​
Net
Earnings
(Loss)
(millions)
​ ​
Adjusted
Diluted
EPS(5)
(non-GAAP)
(% Change
in)
​ ​
​
Total
Shareholder
Return
​ ​
Peer Group
Total
Shareholder
Return(4)
​
​ ​ 2026 ​ ​ ​ $ 20,585,784 ​ ​ ​ ​ $ 19,042,023 ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ $ 7,633,189 ​ ​ ​ ​ $ 7,272,644 ​ ​ ​ ​ $ 26.76 ​ ​ ​ ​ $ 145.50 ​ ​ ​ ​ $ 182 ​ ​ ​ ​ ​ 66% ​ ​ ​
​ ​ 2025 ​ ​ ​ ​ 9,613,508 ​ ​ ​ ​ ​ 6,852,706 ​ ​ ​ ​ ​ 17,793,402 ​ ​ ​ ​ ​ 6,575,426 ​ ​ ​ ​ ​ 6,943,169 ​ ​ ​ ​ ​ 5,068,493 ​ ​ ​ ​ ​ 26.99 ​ ​ ​ ​ ​ 137.92 ​ ​ ​ ​ ​ (1,133) ​ ​ ​ ​ ​ (42) ​ ​ ​
​ ​ 2024 ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 17,851,573 ​ ​ ​ ​ ​ (28,673,021) ​ ​ ​ ​ ​ 7,009,833 ​ ​ ​ ​ ​ 1,444,404 ​ ​ ​ ​ ​ 34.77 ​ ​ ​ ​ ​ 122.97 ​ ​ ​ ​ ​ 409 ​ ​ ​ ​ ​ (25) ​ ​ ​
​ ​ 2023 ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 21,811,244 ​ ​ ​ ​ ​ (29,053,372) ​ ​ ​ ​ ​ 7,648,501 ​ ​ ​ ​ ​ 828,470 ​ ​ ​ ​ ​ 62.95 ​ ​ ​ ​ ​ 113.70 ​ ​ ​ ​ ​ 1,010 ​ ​ ​ ​ ​ (52) ​ ​ ​
​ ​ 2022 ​ ​ ​ ​ — ​ ​ ​ ​ ​ — ​ ​ ​ ​ ​ 25,480,056 ​ ​ ​ ​ ​ (14,802,124) ​ ​ ​ ​ ​ 11,203,938 ​ ​ ​ ​ ​ 8,968,835 ​ ​ ​ ​ ​ 80.70 ​ ​ ​ ​ ​ 106.66 ​ ​ ​ ​ ​ 2,408 ​ ​ ​ ​ ​ 12 ​ ​ ​
​
(1)
The PEO and Non-PEO NEOs included in the above compensation columns reflect the following:
​
​ ​
Fiscal
Year
​ ​
PEO
​ ​
Non-PEO NEOs
​ ​
​ ​ 2026 ​ ​
Stéphane de La Faverie
​ ​ Akhil Shrivastava, Jane Hertzmark Hudis, Rashida La Lande, Roberto Canevari ​ ​
​ ​ 2025 ​ ​
Stéphane de La Faverie
Fabrizio Freda
​ ​ Akhil Shrivastava, Jane Hertzmark Hudis, Rashida La Lande, Tracey T. Travis, Peter Jueptner ​ ​
​ ​ 2024 ​ ​ Fabrizio Freda ​ ​ William P. Lauder, Tracey T. Travis, Jane Hertzmark Hudis, Stéphane de La Faverie ​ ​
​ ​ 2023 ​ ​ Fabrizio Freda ​ ​ William P. Lauder, Tracey T. Travis, Jane Hertzmark Hudis, Peter Jueptner ​ ​
​ ​ 2022 ​ ​ Fabrizio Freda ​ ​ William P. Lauder, Tracey T. Travis, Jane Hertzmark Hudis, Cedric Prouvé, John Demsey ​ ​
(2)
The following table describes the adjustments, each of which is required by Item 402(v), to calculate the CAP Amounts shown in the table above.
​
​ ​
Fiscal Year
​ ​
2026
​ ​
​ ​
Adjustments ($)
​ ​
PEO
​ ​
Average for
Non-PEO
NEOs
​ ​
​ ​ Summary Compensation Table ​ ​ ​ $ 20,585,784 ​ ​ ​ ​ $ 7,633,189 ​ ​ ​
​ ​ Less: Stock and Option Awards Values Reported in SCT for the Covered Year ​ ​ ​ ​ (14,721,752) ​ ​ ​ ​ ​ (4,095,719) ​ ​ ​
​ ​
Plus: Fiscal Year-End Fair Value of Outstanding and Unvested Equity Awards Granted in the Covered Year
​ ​ ​ ​ 12,494,876 ​ ​ ​ ​ ​ 3,476,323 ​ ​ ​
​ ​
Increase (Decrease) in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior Years
​ ​ ​ ​ 4,506 ​ ​ ​ ​ ​ (15,456) ​ ​ ​
​ ​
Increase (Decrease) in Fair Value as of Vesting Date of Equity Awards Granted
and Vested in the Fiscal Year
​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​
​ ​
Increase in Fair Value of Equity Awards Granted in Prior Years that Vested in the Covered Year
​ ​ ​ ​ 590,243 ​ ​ ​ ​ ​ 260,097 ​ ​ ​
​ ​
Less: Fair Value as of the Prior Fiscal Year End of Equity Awards Granted in Prior Fiscal Years that Failed to Meet Vesting Conditions in the Fiscal Year
​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​
​ ​
Plus: Fair Value of Dividends or other Earnings Paid on Stock Awards not otherwise reflected in Fair Value or Total Compensation
​ ​ ​ ​ 188,665 ​ ​ ​ ​ ​ 71,604 ​ ​ ​
​ ​
Less: Aggregate Change in Actuarial Present Value of Accumulated Benefit Under Pension Plans
​ ​ ​ ​ (180,618) ​ ​ ​ ​ ​ (103,509) ​ ​ ​
​ ​ Plus: Aggregate Service Cost and Prior Service Costs for Pension Plans ​ ​ ​ ​ 80,319 ​ ​ ​ ​ ​ 46,114 ​ ​ ​
​ ​ Compensation Actually Paid (as calculated) ​ ​ ​ $ 19,042,023 ​ ​ ​ ​ $ 7,272,644 ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​
Certain amounts may not sum due to rounding
The equity valuation methodology was kept consistent with those used at the time of grant, with assumptions updated to reflect information available at the time of each valuation, including payout estimates. Instead of using the target payout amounts for PSUs, we used the total expected payout based on estimates of performance in future years. The price of our Class A Common Stock used for fiscal 2026 was $78.95 (the closing stock price on June 30, 2026, the last trading day of fiscal 2026).
(3)
The Company and Peer Group TSR calculation reflects year-end value of an initial investment of $100 made on June 30, 2021.
​
(4)
The peer group used in this disclosure is the S&P 500 Consumer Staples Index, which is the same peer group used in Part II, Item 5 of our Form 10-K for each of the fiscal years shown.
​
(5)
Please refer to Appendix A of this Proxy Statement for reconciliation of, and other information about, this non-GAAP measure.
​
        
Company Selected Measure Name Adjusted Diluted EPS        
Named Executive Officers, Footnote
(1)
The PEO and Non-PEO NEOs included in the above compensation columns reflect the following:
​
​ ​
Fiscal
Year
​ ​
PEO
​ ​
Non-PEO NEOs
​ ​
​ ​ 2026 ​ ​
Stéphane de La Faverie
​ ​ Akhil Shrivastava, Jane Hertzmark Hudis, Rashida La Lande, Roberto Canevari ​ ​
​ ​ 2025 ​ ​
Stéphane de La Faverie
Fabrizio Freda
​ ​ Akhil Shrivastava, Jane Hertzmark Hudis, Rashida La Lande, Tracey T. Travis, Peter Jueptner ​ ​
​ ​ 2024 ​ ​ Fabrizio Freda ​ ​ William P. Lauder, Tracey T. Travis, Jane Hertzmark Hudis, Stéphane de La Faverie ​ ​
​ ​ 2023 ​ ​ Fabrizio Freda ​ ​ William P. Lauder, Tracey T. Travis, Jane Hertzmark Hudis, Peter Jueptner ​ ​
​ ​ 2022 ​ ​ Fabrizio Freda ​ ​ William P. Lauder, Tracey T. Travis, Jane Hertzmark Hudis, Cedric Prouvé, John Demsey ​ ​
       
Peer Group Issuers, Footnote
(4)
The peer group used in this disclosure is the S&P 500 Consumer Staples Index, which is the same peer group used in Part II, Item 5 of our Form 10-K for each of the fiscal years shown.
       
Adjustment To PEO Compensation, Footnote
(2)
The following table describes the adjustments, each of which is required by Item 402(v), to calculate the CAP Amounts shown in the table above.
​
​ ​
Fiscal Year
​ ​
2026
​ ​
​ ​
Adjustments ($)
​ ​
PEO
​ ​
Average for
Non-PEO
NEOs
​ ​
​ ​ Summary Compensation Table ​ ​ ​ $ 20,585,784 ​ ​ ​ ​ $ 7,633,189 ​ ​ ​
​ ​ Less: Stock and Option Awards Values Reported in SCT for the Covered Year ​ ​ ​ ​ (14,721,752) ​ ​ ​ ​ ​ (4,095,719) ​ ​ ​
​ ​
Plus: Fiscal Year-End Fair Value of Outstanding and Unvested Equity Awards Granted in the Covered Year
​ ​ ​ ​ 12,494,876 ​ ​ ​ ​ ​ 3,476,323 ​ ​ ​
​ ​
Increase (Decrease) in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior Years
​ ​ ​ ​ 4,506 ​ ​ ​ ​ ​ (15,456) ​ ​ ​
​ ​
Increase (Decrease) in Fair Value as of Vesting Date of Equity Awards Granted
and Vested in the Fiscal Year
​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​
​ ​
Increase in Fair Value of Equity Awards Granted in Prior Years that Vested in the Covered Year
​ ​ ​ ​ 590,243 ​ ​ ​ ​ ​ 260,097 ​ ​ ​
​ ​
Less: Fair Value as of the Prior Fiscal Year End of Equity Awards Granted in Prior Fiscal Years that Failed to Meet Vesting Conditions in the Fiscal Year
​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​
​ ​
Plus: Fair Value of Dividends or other Earnings Paid on Stock Awards not otherwise reflected in Fair Value or Total Compensation
​ ​ ​ ​ 188,665 ​ ​ ​ ​ ​ 71,604 ​ ​ ​
​ ​
Less: Aggregate Change in Actuarial Present Value of Accumulated Benefit Under Pension Plans
​ ​ ​ ​ (180,618) ​ ​ ​ ​ ​ (103,509) ​ ​ ​
​ ​ Plus: Aggregate Service Cost and Prior Service Costs for Pension Plans ​ ​ ​ ​ 80,319 ​ ​ ​ ​ ​ 46,114 ​ ​ ​
​ ​ Compensation Actually Paid (as calculated) ​ ​ ​ $ 19,042,023 ​ ​ ​ ​ $ 7,272,644 ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
       
Non-PEO NEO Average Total Compensation Amount $ 7,633,189 $ 6,943,169 $ 7,009,833 $ 7,648,501 $ 11,203,938
Non-PEO NEO Average Compensation Actually Paid Amount $ 7,272,644 5,068,493 1,444,404 828,470 8,968,835
Adjustment to Non-PEO NEO Compensation Footnote
(2)
The following table describes the adjustments, each of which is required by Item 402(v), to calculate the CAP Amounts shown in the table above.
​
​ ​
Fiscal Year
​ ​
2026
​ ​
​ ​
Adjustments ($)
​ ​
PEO
​ ​
Average for
Non-PEO
NEOs
​ ​
​ ​ Summary Compensation Table ​ ​ ​ $ 20,585,784 ​ ​ ​ ​ $ 7,633,189 ​ ​ ​
​ ​ Less: Stock and Option Awards Values Reported in SCT for the Covered Year ​ ​ ​ ​ (14,721,752) ​ ​ ​ ​ ​ (4,095,719) ​ ​ ​
​ ​
Plus: Fiscal Year-End Fair Value of Outstanding and Unvested Equity Awards Granted in the Covered Year
​ ​ ​ ​ 12,494,876 ​ ​ ​ ​ ​ 3,476,323 ​ ​ ​
​ ​
Increase (Decrease) in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior Years
​ ​ ​ ​ 4,506 ​ ​ ​ ​ ​ (15,456) ​ ​ ​
​ ​
Increase (Decrease) in Fair Value as of Vesting Date of Equity Awards Granted
and Vested in the Fiscal Year
​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​
​ ​
Increase in Fair Value of Equity Awards Granted in Prior Years that Vested in the Covered Year
​ ​ ​ ​ 590,243 ​ ​ ​ ​ ​ 260,097 ​ ​ ​
​ ​
Less: Fair Value as of the Prior Fiscal Year End of Equity Awards Granted in Prior Fiscal Years that Failed to Meet Vesting Conditions in the Fiscal Year
​ ​ ​ ​ 0 ​ ​ ​ ​ ​ 0 ​ ​ ​
​ ​
Plus: Fair Value of Dividends or other Earnings Paid on Stock Awards not otherwise reflected in Fair Value or Total Compensation
​ ​ ​ ​ 188,665 ​ ​ ​ ​ ​ 71,604 ​ ​ ​
​ ​
Less: Aggregate Change in Actuarial Present Value of Accumulated Benefit Under Pension Plans
​ ​ ​ ​ (180,618) ​ ​ ​ ​ ​ (103,509) ​ ​ ​
​ ​ Plus: Aggregate Service Cost and Prior Service Costs for Pension Plans ​ ​ ​ ​ 80,319 ​ ​ ​ ​ ​ 46,114 ​ ​ ​
​ ​ Compensation Actually Paid (as calculated) ​ ​ ​ $ 19,042,023 ​ ​ ​ ​ $ 7,272,644 ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
       
Equity Valuation Assumption Difference, Footnote
The equity valuation methodology was kept consistent with those used at the time of grant, with assumptions updated to reflect information available at the time of each valuation, including payout estimates. Instead of using the target payout amounts for PSUs, we used the total expected payout based on estimates of performance in future years. The price of our Class A Common Stock used for fiscal 2026 was $78.95 (the closing stock price on June 30, 2026, the last trading day of fiscal 2026).
       
Compensation Actually Paid vs. Total Shareholder Return [MISSING IMAGE: bc_capvstsr-pn.jpg]        
Compensation Actually Paid vs. Net Income
[MISSING IMAGE: bc_capvsnetearn-pn.jpg]
       
Compensation Actually Paid vs. Company Selected Measure
[MISSING IMAGE: bc_capvsadjusteps-pn.jpg]
       
Total Shareholder Return Vs Peer Group [MISSING IMAGE: bc_capvstsr-pn.jpg]        
Tabular List, Table
The following table lists the financial performance metrics that, in our assessment, represent the most important financial performance measures we use to link compensation actually paid to our NEOs for the most recently completed fiscal year.
​ ​
Adjusted Performance Measures*
​ ​
​ ​ Diluted EPS (Company-Selected Measure) ​ ​
​ ​ Net Sales ​ ​
​ ​ Return on Invested Capital ​ ​
​ ​ Operating Income Margin Percent ​ ​
​
*
Please refer to Appendix A of this Proxy Statement for information about each of these non-GAAP measures.
       
Total Shareholder Return Amount $ 26.76 26.99 34.77 62.95 80.7
Peer Group Total Shareholder Return Amount 145.5 137.92 122.97 113.7 106.66
Net Income (Loss) $ 182,000,000 $ (1,133,000,000) $ 409,000,000 $ 1,010,000,000 $ 2,408,000,000
Company Selected Measure Amount 66 (42) (25) (52) 12
PEO Name Stéphane de La Faverie        
Share Price | $ / shares $ 78.95        
Measure:: 1          
Pay vs Performance Disclosure          
Name Adjusted Diluted EPS        
Non-GAAP Measure Description
(5)
Please refer to Appendix A of this Proxy Statement for reconciliation of, and other information about, this non-GAAP measure.
       
Measure:: 2          
Pay vs Performance Disclosure          
Name Adjusted Net Sales        
Measure:: 3          
Pay vs Performance Disclosure          
Name Adjusted Return on Invested Capital        
Measure:: 4          
Pay vs Performance Disclosure          
Name Adjusted Operating Income Margin Percent        
Stephane De La Faverie [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount $ 20,585,784 $ 9,613,508
PEO Actually Paid Compensation Amount 19,042,023 6,852,706
Fabrizio Freda [Member]          
Pay vs Performance Disclosure          
PEO Total Compensation Amount 17,793,402 17,851,573 21,811,244 25,480,056
PEO Actually Paid Compensation Amount $ 6,575,426 $ (28,673,021) $ (29,053,372) $ (14,802,124)
PEO | Stephane De La Faverie [Member] | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (180,618)        
PEO | Stephane De La Faverie [Member] | Aggregate Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 80,319        
PEO | Stephane De La Faverie [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (14,721,752)        
PEO | Stephane De La Faverie [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 12,494,876        
PEO | Stephane De La Faverie [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,506        
PEO | Stephane De La Faverie [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Stephane De La Faverie [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 590,243        
PEO | Stephane De La Faverie [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
PEO | Stephane De La Faverie [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 188,665        
Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (103,509)        
Non-PEO NEO | Aggregate Pension Adjustments Service Cost          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 46,114        
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (4,095,719)        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 3,476,323        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (15,456)        
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 260,097        
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0        
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 71,604