The Estée Lauder Companies Inc. (ELC) is a global manufacturer and marketer of prestige skincare, makeup, fragrance, and hair care products. Founded in 1946 in New York City by Estée Lauder and her husband Joseph, the company began as a small family business with a vision to create high-quality skincare products. ELC's diverse brand portfolio includes names like Estée Lauder, La Mer, Clinique, M·A·C, Jo Malone London, and Tom Ford Beauty, sold in approximately 150 countries through retail channels and digital commerce.
Stéphane de La Faverie is the President and CEO as of January 1, 2025. The company has recently reported strong fiscal 2026 second-quarter results, raising its full-year outlook. Net sales for the quarter increased by 6% to $4.23 billion. Estée Lauder is expanding its consumer reach on platforms like Amazon and TikTok Shop. However, the company also faces challenges, including regulatory compliance issues and tariff-related pressures. As of February 2026, Estée Lauder has a market cap of $35.81 billion.