EssilorLuxottica vs LVMH (EL.PA vs MC.PA)
EssilorLuxottica (EL.PA) vs LVMH (MC.PA) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.
EssilorLuxottica (EL.PA) and LVMH (MC.PA) compete in luxury and apparel. Here are EssilorLuxottica and LVMH side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy EssilorLuxottica or LVMH.
EssilorLuxottica vs LVMH: the figures
| Figure | EssilorLuxottica | LVMH |
|---|---|---|
| Share price | €189.10 (November 4, 2026) | €416.25 (November 4, 2026) |
| Market cap | €86.7 billion | €205.2 billion |
| P/E (TTM) | 35.3x | 19.0x |
| Forward P/E | 23.9x | 17.2x |
| Revenue growth (quarter) | +5.7% | -2.9% |
| Net margin (TTM) | 8.5% | 13.7% |
| Net debt / EBITDA | 2.3x | 1.2x |
| Dividend yield | 2.17% | 3.24% |
| Beta | 0.55 | 0.90 |
EssilorLuxottica and LVMH figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that EssilorLuxottica or LVMH figure is not available, and we never estimate it.
3 key differences between EssilorLuxottica and LVMH
- Valuation: EssilorLuxottica trades at 35.3x its annual earnings and LVMH at 19.0x; the market pays more for each dollar of EssilorLuxottica profit, usually because it expects more growth.
- Growth: EssilorLuxottica grew sales +5.7% year on year in its latest quarter, against -2.9% for LVMH.
- Profitability: for every 100 of sales, LVMH keeps 13.7 as net profit and EssilorLuxottica keeps 8.5.
EssilorLuxottica or LVMH: which fits your profile
- If you want growth: EssilorLuxottica is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
- If you want income (dividends): LVMH pays the higher dividend relative to its price.
- If you prefer caution: LVMH has less debt relative to its profit, which usually gives more room in a bad year.
- If price is what matters most to you: LVMH trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.
Neither EssilorLuxottica nor LVMH wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.
How EssilorLuxottica and LVMH make money
EssilorLuxottica (EL.PA)
EssilorLuxottica reports two segments of similar size: Professional Solutions, which sells lenses (Varilux, Transitions) and frames to opticians and distributors, and Direct to Consumer, covering its own stores such as Sunglass Hut and LensCrafters plus online sales. Brands include Ray-Ban and Oakley, licensed fashion eyewear and Ray-Ban Meta smart glasses. Full EssilorLuxottica analysis.
LVMH (MC.PA)
LVMH reports five business groups: Fashion & Leather Goods (Louis Vuitton, Dior, Celine), its biggest revenue source; Wines & Spirits (Moët, Hennessy); Perfumes & Cosmetics; Watches & Jewelry (Tiffany, Bulgari, TAG Heuer); and Selective Retailing (Sephora, DFS). It sells worldwide, with Asia, the US and Europe as its key markets. Full LVMH analysis.
Frequently asked questions: EssilorLuxottica vs LVMH
Is EssilorLuxottica or LVMH the better stock?
Choosing between EssilorLuxottica and LVMH depends on what you are looking for. EssilorLuxottica is growing faster right now, and LVMH trades on the lower P/E. Fintols does not tell you whether to buy EssilorLuxottica or LVMH: it shows you the differences so you can decide.
Which pays a higher dividend, EssilorLuxottica or LVMH?
As of November 4, 2026, LVMH yields 3.24% and EssilorLuxottica yields 2.17%. Also check how much of their profit EssilorLuxottica and LVMH pay out: if it is more than they earn, it cannot last.
Which is more expensive, EssilorLuxottica or LVMH?
On P/E, EssilorLuxottica (35.3x) is more expensive than LVMH (19.0x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.
Can I own both EssilorLuxottica and LVMH?
Yes. Many people spread their money across several companies, such as EssilorLuxottica and LVMH, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying EssilorLuxottica or LVMH.
More comparisons with EssilorLuxottica or LVMH
More companies like EssilorLuxottica and LVMH: luxury and apparel stocks. Educational content about EssilorLuxottica and LVMH, not investment advice.