With a market cap of $23.9 billion, The Estée Lauder Companies Inc. (EL) is a manufacturer, marketer, and seller of skincare, makeup, fragrance, and hair care products. Headquartered in New York, the company offers its products under the Estée Lauder, Clinique, Origins, M·A·C, Bobbi Brown Cosmetics, La Mer, Aveda, Jo Malone London, TOM FORD, Too Faced, Dr.Jart+, and The Ordinary brands.
Companies valued at $10 billion or more are generally described as “large-cap” stocks and Estée Lauder fits this criterion perfectly. The multinational corporation is one of the world’s leading manufacturers, marketers, and sellers and is a steward of luxury and prestige brands globally. Its products are sold in approximately 150 countries and territories.
