Brand Finance recently released its Cosmetics 50 — an annual ranking the world’s most valuable cosmetic companies.

L’Oréal tops the list, followed by Gilette, Nivea, Estée Lauder, and Clinique, which make up the top five. 

They are followed by Guerlain, Shiseido, Pantene, Dove, and Garnier – rounding out the top ten.

MAC Cosmetics is number 11 — and it’s our Beauty Company of the Year. Take a look at the feature, M∙A∙C Cosmetics: Ahead of Its Time.