Revlon, Inc.
Financial Performance
Revlon Revenue & Financials
Revenue
$2B (FY2022)
Employees
5,600
What is Revlon's revenue?
Revlon had $2B in revenue for fiscal year 2022, down 4.7% from 2021. It reported a net loss of $673.9M.
- Latest revenue
- $2B (FY2022)
- Year-over-year
- -4.7%
- Growth rate (CAGR)
- 3.2% over 9 years
- Peak revenue
- $2.7B (FY2017)
- Years of data
- 10
- Employees
- 5,600
- How much profit does Revlon make?
- Revlon reported a net loss of $673.9M for fiscal year 2022. sec.gov
- How many employees does Revlon have?
- Revlon has about 5,600 employees.
Financial Analysis
Revlon's financial story is one of leverage. Ronald Perelman's 1985 buyout left the company carrying heavy debt for decades, and the 2016 Elizabeth Arden deal (about $870M enterprise value) added more. Net sales peaked at $2.69B in 2017, then fell to $1.90B in 2020 as the pandemic and supply-chain shortages hit. Revlon filed for Chapter 11 on June 16, 2022, after a FY2022 net loss of $673.9M on $1.98B of sales. It emerged on May 2, 2023, with about $2.7B less debt and no longer reports results publicly. Revlon, Inc. is a major American multinational cosmetics and beauty company, operating as a private entity after famously filing for and emerging from Chapter 11 bankruptcy in 2023.
Revenue Trend Analysis
YoY Change
-4.7%
9-Year CAGR
+3.2%
Peak Year
2017
Trend
Volatile
Revlon, Inc. has 10 full fiscal year figures on this page, compounding at +3.2% annually over 9 years. The most recent year saw a 4.7% decline versus the prior year. Annual revenue peaked in fiscal year 2017 at $2.7B. Of 9 comparable year-over-year steps, 4 showed growth and 5 showed a decline.
Annual revenue history
Click any row to see year details.
Keep researching Revlon
Revlon Revenue and Financial FAQ
How much debt did Revlon eliminate during its 2022-2023 Chapter 11 reorganization?
Revlon eliminated approximately $2.7 billion of funded indebtedness, slashing its total obligations from more than $3.3 billion down to approximately $1.5 billion in funded debt upon emergence in May 2023.
How much annual interest expense does Revlon save from its debt restructuring?
The debt reduction saves Revlon approximately $200 million in annual cash interest expenses, fundamentally freeing up liquidity to reinvest in brand marketing, digital media, research and development, and retail display upgrades.
What was the size of Revlon's exit financing facility in 2023?
Revlon secured approximately $1.4 billion in exit financing, consisting of a revolving credit facility and term loan package backed by senior lenders, providing approximately $236 million in immediate operational liquidity upon emergence.
What was Revlon's approximate annual revenue prior to and following bankruptcy?
Revlon generates approximately $2.0 billion to $2.3 billion in annual net sales across its global geographic segments, down from peak historic levels of $2.6 billion following the 2016 Elizabeth Arden acquisition due to SKU rationalization and market exits.
Who are the primary equity owners of Revlon following its 2023 bankruptcy exit?
Revlon is privately held by its former senior creditors who swapped their pre-petition debt claims for reorganized equity, led by institutional investment funds Glendon Capital Management, King Street Capital Management, Angelo Gordon & Co., and Oak Hill Advisors.
What happened to existing public stockholders during Revlon's Chapter 11?
Revlon's publicly traded Class A common stock (formerly NYSE: REV) was officially cancelled and rendered worthless under the approved plan of reorganization, completely wiping out pre-bankruptcy equity holders including retail meme stock traders and Ronald Perelman.
How is Revlon's revenue distributed across its key operating segments?
Historically, the Revlon namesake segment accounts for roughly 35% of net sales, Elizabeth Arden represents approximately 25%, the Portfolio division (Almay, Mitchum, SinfulColors) comprises 20%, and the Fragrance division contributes roughly 20%.
What is Revlon's geographic revenue exposure?
North America represents approximately 50% to 55% of Revlon's total net sales, with the remainder generated across international markets including EMEA (Europe, Middle East, Africa), Asia-Pacific (strong Elizabeth Arden presence in China), and Latin America.
How do Revlon's operating margins compare to competitors like L'Oréal and Coty?
Before bankruptcy, Revlon suffered from low single-digit operating margins and negative net income due to interest burdens. Post-emergence, the company targets adjusted EBITDA margins of 12% to 15%, closing the gap toward peers like Coty (15-17%) and L'Oréal (20%+).
What are Revlon's primary capital expenditure commitments post-restructuring?
Revlon's capex focuses on modernizing warehouse automation, enterprise resource planning (ERP) system upgrades, digital marketing technology, and sustainable packaging tooling at its primary Oxford, NC manufacturing plant.
Did Revlon pay off its pre-petition debtor-in-possession (DIP) financing?
Yes, Revlon secured $1.4 billion in DIP financing from existing lenders during the Chapter 11 proceeding to maintain vendor payments and employee payroll, which was fully refinanced or rolled into exit debt upon plan confirmation.
Is Revlon expected to return to the public markets through an IPO?
Private equity owners and debt-holders typically evaluate an exit timeline of three to five years post-emergence (2026-2028), targeting an initial public offering (IPO) or strategic sale once financial stability, EBITDA expansion, and organic sales growth are demonstrated.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Revlon Revenue & Financials." CorpDigest, https://corpdigest.com/company/revlon/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Revlon reported $2B in revenue (FY2022).</strong><br>Source: <a href="https://corpdigest.com/company/revlon/financials" target="_blank" rel="noopener">CorpDigest — Revlon financials</a></div>Related Financial Audits
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