<SEC-DOCUMENT>0001001250-23-000140.txt : 20230830
<SEC-HEADER>0001001250-23-000140.hdr.sgml : 20230830
<ACCEPTANCE-DATETIME>20230830150523
ACCESSION NUMBER:		0001001250-23-000140
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20230828
FILED AS OF DATE:		20230830
DATE AS OF CHANGE:		20230830

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			TRAVIS TRACEY THOMAS
		CENTRAL INDEX KEY:			0001258930

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14064
		FILM NUMBER:		231224959

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ESTEE LAUDER COMPANIES INC
		CENTRAL INDEX KEY:			0001001250
		STANDARD INDUSTRIAL CLASSIFICATION:	PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844]
		IRS NUMBER:				112408943
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	BUSINESS ADDRESS:	
		STREET 1:		767 FIFTH AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10153
		BUSINESS PHONE:		2125724200

	MAIL ADDRESS:	
		STREET 1:		767 FIFTH AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10153
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>wk-form4_1693422314.xml
<DESCRIPTION>FORM 4
<TEXT>
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    <documentType>4</documentType>

    <periodOfReport>2023-08-28</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001001250</issuerCik>
        <issuerName>ESTEE LAUDER COMPANIES INC</issuerName>
        <issuerTradingSymbol>EL</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001258930</rptOwnerCik>
            <rptOwnerName>TRAVIS TRACEY THOMAS</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>THE ESTEE LAUDER COMPANIES INC.</rptOwnerStreet1>
            <rptOwnerStreet2>767 FIFTH AVENUE</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10153</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>EVP &amp; CFO</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2023-08-28</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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            <transactionAmounts>
                <transactionShares>
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                <transactionPricePerShare>
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                <transactionAcquiredDisposedCode>
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                </transactionAcquiredDisposedCode>
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                    <value>59076</value>
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                <directOrIndirectOwnership>
                    <value>D</value>
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        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
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            <transactionDate>
                <value>2023-08-28</value>
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                    <value>D</value>
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        </nonDerivativeTransaction>
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    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Stock Option (Right to Buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>156.39</value>
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            <transactionDate>
                <value>2023-08-28</value>
            </transactionDate>
            <transactionCoding>
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                <transactionCode>A</transactionCode>
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            <transactionAmounts>
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                    <footnoteId id="F3"/>
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                <transactionPricePerShare>
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                    <footnoteId id="F4"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
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            </transactionAmounts>
            <exerciseDate>
                <value>2025-01-01</value>
                <footnoteId id="F3"/>
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            <expirationDate>
                <value>2033-08-28</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common  Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>35366</value>
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                    <value>D</value>
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        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Restricted Stock Units (Share Payout)</value>
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            <conversionOrExercisePrice>
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                <value>2023-08-28</value>
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                <transactionCode>A</transactionCode>
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                <transactionShares>
                    <value>12214</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F4"/>
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                <transactionAcquiredDisposedCode>
                    <value>A</value>
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            <exerciseDate>
                <footnoteId id="F6"/>
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            <expirationDate>
                <footnoteId id="F6"/>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common  Stock</value>
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                <underlyingSecurityShares>
                    <value>12214</value>
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            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>12214</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Reflects payout of Performance Share Units (&quot;PSUs&quot;) granted to Reporting Person on September 3, 2020.</footnote>
        <footnote id="F2">Represents the withholding of shares for tax purposes.</footnote>
        <footnote id="F3">Stock options granted pursuant to Fiscal 2002 Share Incentive Plan in respect of: 11,788 shares exercisable from and after January 1, 2025; 11,789 shares exercisable from and after January 1, 2026; and 11,789 shares exercisable from and after January 1, 2027.</footnote>
        <footnote id="F4">Not applicable.</footnote>
        <footnote id="F5">Restricted Stock Units (&quot;RSUs&quot;) vest and are paid out in shares of Class A Common Stock on a one-to-one basis on the applicable vesting date.  RSUs generally vest in three approximately equal installments unless otherwise indicated.  Upon payout, shares will be withheld to cover statutory tax obligations.  RSUs are accompanied by dividend equivalent rights that will be payable in cash at the time of the payout of the related shares.</footnote>
        <footnote id="F6">RSUs granted August 28, 2023.  Assuming continued employment, these RSUs will vest and be paid out as follows: 4,071 on November 1, 2024; 4,071 on November 3, 2025; and 4,072 on November 2, 2026.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>Tracey Thomas Travis, by Maureen Sladek, attorney-in-fact</signatureName>
        <signatureDate>2023-08-30</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
