Estée Lauder revenue 2008-2024

2022 has been the most successful year in Estée Lauder’s history. After a decade of almost constant growth, the company generated global revenues of over 17.7 billion U.S. dollars in that year. In the following years, this figure dipped to slightly under 16 billion dollars. The fiscal year end of the company is June 30th, 2024.

Estée Lauder Companies Inc.: an American success story

Estée Lauder, based in Manhattan, was founded in 1946. The brand has grown to become one of the leading global beauty empires. Today, Estée Lauder employs over 60,000 people worldwide and has been named among the best U.S. employers for women in 2020. Having acquired many successful brands like Clinique and MAC over the last few decades, the company now sells products in over 150 countries through limited distribution channels like department stores, perfumeries, or travel retail locations.

Skincare products are fueling sales growth

Estée Lauder manufactures and markets skin care, makeup, fragrance and haircare products. Among the four product categories, skin care and makeup are the company’s most profitable sources of revenue. While its business is primarily focused on prestige beauty, several of the acquired brands like MAC or Too Faced are particularly popular among younger consumers. By diversifying its brand portfolio, Estée Lauder manages to stay relevant and grow its global revenue annually.