This document is an annual report on Form 10-K for The Estée Lauder Companies Inc., a global manufacturer and marketer of beauty products. It provides comprehensive financial information for the fiscal year ended June 30, 2025, alongside comparative data for prior years. The report outlines the company's business operations, product categories (skin care, makeup, fragrance, hair care), and geographic segments, while also discussing acquisitions, strategic initiatives like the Profit Recovery and Growth Plan, and potential risks such as economic downturns and cybersecurity threats. Furthermore, it details the company's corporate governance, executive officers, and board of directors, including information on its status as a "controlled company" due to significant ownership by the Lauder family.