2024 universal registration document

2. Corporate governance

2.4.2.4 Pay ratios and annual changes in L’Oréal’s remuneration, ratios and performance over five years
  2020 2021 2022 2023 2024

Remuneration of the Chief Executive Officer, Nicolas Hieronimus (€)

Remuneration of the Chief Executive Officer, Nicolas Hieronimus (€)

2020

 

Remuneration of the Chief Executive Officer, Nicolas Hieronimus (€)

2021

7,768,780(1)

Remuneration of the Chief Executive Officer, Nicolas Hieronimus (€)

2022

10,395,600(2)

Remuneration of the Chief Executive Officer, Nicolas Hieronimus (€)

2023

10,583,320(2)

Remuneration of the Chief Executive Officer, Nicolas Hieronimus (€)

2024

9,985,840(2)
Change/Y-1 Change/Y-1

2020

 

Change/Y-1

2021

Not disclosed
Change/Y-1

2022

 

Change/Y-1

2023

+1.81%
Change/Y-1

2024

-5.65%
L’Oréal company average ratio L’Oréal company average ratio

2020

 

L’Oréal company average ratio

2021

77

L’Oréal company average ratio

2022

99

L’Oréal company average ratio

2023

84

L’Oréal company average ratio

2024

76

Change/Y-1 Change/Y-1

2020

 

Change/Y-1

2021

Not disclosed
Change/Y-1

2022

+22 points
Change/Y-1

2023

-15 points
Change/Y-1

2024

-8 points
L’Oréal company median ratio L’Oréal company median ratio

2020

 

L’Oréal company median ratio

2021

110

L’Oréal company median ratio

2022

137

L’Oréal company median ratio

2023

123

L’Oréal company median ratio

2024

111

Change/Y-1 Change/Y-1

2020

 

Change/Y-1

2021

Not disclosed
Change/Y-1

2022

+17 points
Change/Y-1

2023

-14 points
Change/Y-1

2024

-12 points
   

 

2020

 

 

2021

 

 

2022

 

 

2023

 

Remuneration of the Chairman, Jean-Paul Agon (€) Remuneration of the Chairman, Jean-Paul Agon (€)

2020

 

Remuneration of the Chairman, Jean-Paul Agon (€)

2021

1,600,000(3)
Remuneration of the Chairman, Jean-Paul Agon (€)

2022

1,600,000

Remuneration of the Chairman, Jean-Paul Agon (€)

2023

1,600,000

Remuneration of the Chairman, Jean-Paul Agon (€)

2024

1,166,667

Change/Y-1 Change/Y-1

2020

 

Change/Y-1

2021

Not disclosed
Change/Y-1

2022

0%
Change/Y-1

2023

0%
Change/Y-1

2024

-27.08%
L’Oréal company average ratio L’Oréal company average ratio

2020

 

L’Oréal company average ratio

2021

16

L’Oréal company average ratio

2022

15

L’Oréal company average ratio

2023

13

L’Oréal company average ratio

2024

9

Change/Y-1 Change/Y-1

2020

 

Change/Y-1

2021

Not disclosed
Change/Y-1

2022

-1 point
Change/Y-1

2023

-2 points
Change/Y-1

2024

-4 points
L’Oréal company median ratio L’Oréal company median ratio

2020

 

L’Oréal company median ratio

2021

23

L’Oréal company median ratio

2022

21

L’Oréal company median ratio

2023

19

L’Oréal company median ratio

2024

13

Change/Y-1 Change/Y-1

2020

 

Change/Y-1

2021

Not disclosed

Change/Y-1

2022

-2 points

Change/Y-1

2023

-2 points

Change/Y-1

2024

-6 points

   

 

2020

 

 

2021

 

 

2022

 

 

2023

 

L’Oréal company average remuneration (€) L’Oréal company average remuneration (€)

2020

104,896

L’Oréal company average remuneration (€)

2021

100,694

L’Oréal company average remuneration (€)

2022

104,848

L’Oréal company average remuneration (€)

2023

126,323

L’Oréal company average remuneration (€)

2024

131,124

Change/Y-1 Change/Y-1

2020

+3.90%
Change/Y-1

2021

-4.01%
Change/Y-1

2022

+4.13%
Change/Y-1

2023

Not comparable(4)
Change/Y-1

2024

Not comparable(4)
L’Oréal company median remuneration (€) L’Oréal company median remuneration (€)

2020

72,216

L’Oréal company median remuneration (€)

2021

70,729

L’Oréal company median remuneration (€)

2022

75,878

L’Oréal company median remuneration (€)

2023

85,880

L’Oréal company median remuneration (€)

2024

90,084

Change/Y-1 Change/Y-1

2020

+5.10%
Change/Y-1

2021

-2.06%
Change/Y-1

2022

+7.28%
Change/Y-1

2023

Not comparable(4)
Change/Y-1

2024

Not comparable(4)
   

 

2020

 

 

2021

 

 

2022

 

 

2023

 

Group sales (€m) Group sales (€m)

2020

27,992.10

Group sales (€m)

2021

32,287.6

Group sales (€m)

2022

38,260.6

Group sales (€m)

2023

41,182.5

Group sales (€m)

2024

43,486.8

Change/Y-1 (like-for-like) Change/Y-1 (like-for-like)

2020

-4.10%
Change/Y-1 (like-for-like)

2021

+16.1%
Change/Y-1 (like-for-like)

2022

+10.9%
Change/Y-1 (like-for-like)

2023

+11.0%
Change/Y-1 (like-for-like)

2024

+5.6%
Group operating profit (€m) Group operating profit (€m)

2020

5,209.00

Group operating profit (€m)

2021

6,160.3

Group operating profit (€m)

2022

7,456.9

Group operating profit (€m)

2023

8,143.3

Group operating profit (€m)

2024

8,687.5

Change/Y-1  Change/Y-1 

2020

-6.10%
Change/Y-1 

2021

+18.3%
Change/Y-1 

2022

+21.0%
Change/Y-1 

2023

+9.2%
Change/Y-1 

2024

+6.7%