Coty Inc. - statistics & facts
Since the founding of Coty, Inc. in Paris in 1904, the company has used the power of fragrance to grow into one of the world鈥檚 leading beauty companies. Now primarily based in New York, Coty ranked 10th among the leading beauty manufacturers worldwide鈥痠n 2023 based on revenue. The popularity and reputation of Coty鈥檚 brands have led to impressive total revenue figures for the corporation. However, the net revenue of Coty Inc. worldwide has seen a slight decline in recent years. From approximately 7.65 billion U.S. dollars in 2017, net revenues鈥痜ell to around six billion U.S. dollars in 2024. This downturn in revenue also resulted in a similar decline in the firm鈥檚 annual gross profits.
