L’Oréal has recently announced that it ranks 370^th in Fortune magazine’s Global 500 list of the world’s largest companies by revenue for the year 2023. The Fortune Global 500 is an annual ranking of the 500 largest corporations based on total sales for the previous fiscal year. The Fortune Global 500 is widely regarded as a byword for the most recognizable and established companies in the world today. L’Oréal has ranked in the Global 500 every year since 1996.

“L’Oréal Groupe is home to many of the world’s most beloved beauty brands and our presence on Fortune’s Global 500 ranking is a proof point of our enduring popularity, as well as the essentiality of beauty to society at-large,” said Nicolas Hieronimus, CEO, L’Oréal Groupe. “Beauty is an essential human need, and our 2022 financial performance is proof of this, having navigated a world in polycrisis to deliver a year of double-digit growth. But equally important is our extra-financial performance: behind the numbers is a group that is committed to people, the planet and innovation to create beauty that is inclusive, sustainable and increasingly personalized for each and every consumer.”