Consumer companies, explained.

Accor manages and franchises hotels under more than 45 brands, from ibis to Raffles, and earns fees from owners for the brand, the operation and for booking, marketing and loyalty services.

Aena runs 46 airports in Spain plus London Luton and 17 airports in Brazil, earning regulated charges from airlines and rents from shops, car parks and car rental at its terminals.

Air France-KLM is the holding company of Air France, KLM and Transavia, flying passengers and cargo from hubs in Paris and Amsterdam and maintaining aircraft for other airlines.

Altria owns Philip Morris USA, maker of Marlboro in the United States, plus Copenhagen and Skoal smokeless tobacco, on! nicotine pouches and NJOY vapes, and holds a stake in AB InBev.

América Movil runs Telcel, Telmex and Claro mobile, broadband and pay-TV networks in 16 countries of the Americas and, through A1, in seven countries of Central and Eastern Europe.

American is one of the world's largest airlines, flying passengers and cargo through nine U.S. hubs with regional American Eagle partners, and earning extra from its AAdvantage loyalty program.

Beiersdorf makes NIVEA, Eucerin and La Prairie skin care and, through its tesa segment, adhesive tapes, selling in 180 countries from Hamburg.

BAT is one of the world's largest tobacco companies: it sells Dunhill, Kent, Lucky Strike, Pall Mall and, in the U.S., Newport and Camel cigarettes in more than 140 markets, and uses that cash to grow smokeless products such as Vuse vapes, Velo nicotine pouches and glo heated tobacco.

Campari Group is an Italian spirits company that makes and sells Aperol, Campari, Espolòn tequila, Wild Turkey bourbon, Courvoisier cognac and over 50 other brands in more than 190 countries, with aperitifs its largest business.

Carnival Corporation is the world's largest cruise company: its eight cruise lines, from Carnival Cruise Line and Princess to AIDA, Costa and Cunard, sail 94 ships and carry about 13.6 million guests a year.

Chevron pumps oil and gas in the Permian, Gulf of America, Guyana, Kazakhstan and Australia, refines it into fuels and sells it through Chevron, Texaco and Caltex stations.

Deutsche Telekom sells mobile, broadband and TV in Germany and Europe, owns the majority of U.S. carrier T-Mobile US, and runs IT services for companies through T-Systems.

DJI is a privately owned Shenzhen company that makes camera drones, handheld cameras and gimbals for creators, plus drones for farms and businesses.

D.R. Horton is America’s largest homebuilder by homes closed, building mostly entry-level and first move-up houses in 126 markets, financing most buyers through its own mortgage arm and also building rental homes and developing lots through Forestar.

eBay runs one of the world’s largest online marketplaces where millions of independent sellers sell to about 135 million buyers, and it earns fees on paid transactions plus advertising and shipping revenue.

Enel is an Italian electricity group that runs power grids serving 69 million end users, generates electricity mostly from renewables, and sells power and gas to 54 million customers in Italy, Spain and Latin America.

EssilorLuxottica makes prescription lenses and sunglass and eyeglass frames, owns brands such as Ray-Ban and Oakley, and sells through eye doctors and about 18,000 stores.

The Estée Lauder Companies makes prestige skin care, makeup, fragrance and hair care under more than 20 brands such as Estée Lauder, Clinique and La Mer and sells them in about 150 countries and territories.

FedEx moves packages and freight by air and road across more than 220 countries and territories through one integrated express network, and also runs print shops, customs and freight forwarding.

Garmin designs and makes GPS-based devices for five markets: fitness and outdoor watches, aviation flight decks, marine electronics and in-car computers for carmakers, building most of them in its own factories in Taiwan.

GRUMA is one of the world's largest makers of corn flour and tortillas: it mills Maseca flour for tortilla makers in Mexico and the US and bakes Mission and Guerrero tortillas, with more than half of its sales in the United States.

Henkel makes adhesives for industry, such as Loctite, and consumer brands such as Persil and Schwarzkopf, with about 47,200 employees led from Düsseldorf.

IAG is the holding company of British Airways, Iberia, Vueling, Aer Lingus and LEVEL, flying passengers and cargo from hubs in London, Madrid, Barcelona and Dublin and earning extra from its Avios loyalty business.

Iberdrola is a Spanish electricity company that runs power grids in Spain, the UK, the US and Brazil, generates mostly renewable power and sells electricity and gas to millions of customers.

Kimberly-Clark makes diapers, tissues, feminine and adult care products and professional wipers under brands like Huggies and Kleenex and sells them in more than 175 countries.

LG Electronics makes home appliances, TVs, car electronics and air-conditioning systems, plus camera modules through its LG Innotek unit, and sells them to consumers and businesses in more than 170 countries.

L'Oréal is the world's largest beauty company, developing and selling skincare, makeup, haircare and fragrances through four divisions, from mass-market L'Oréal Paris and Garnier to luxury Lancôme and YSL Beauty and dermatological brands like CeraVe and La Roche-Posay.

A.P. Moller - Maersk runs one of the world's largest container shipping lines and adds port terminals, warehouses, trucking and air freight so it can move a customer's goods from factory to shelf in almost 130 countries.

Michelin makes tires for cars, trucks, aircraft, mines and farms, and is growing in polymer composites such as seals, conveyor belts and coated fabrics, while also running the MICHELIN Guide.

Newmont is the world’s largest gold miner: it digs gold, plus copper and silver, from mines on five continents and sells it at world market prices.

Pernod Ricard is a French spirits and Champagne maker that sells more than 170 brands, including Absolut, Jameson, Chivas Regal and Martell, in over 160 countries.

Petrobras is Brazil’s state-controlled oil company: it pumps about 3 million barrels of oil and gas a day, mostly from the deep-water pre-salt fields off Rio and São Paulo, refines most of Brazil’s fuel in its 10 refineries and exports surplus crude, chiefly to Asia.

Philip Morris International sells Marlboro and other cigarettes in about 170 markets outside the United States and is shifting to smoke-free products: IQOS heated tobacco, ZYN nicotine pouches and VEEV vapes.

Reddit runs thousands of topic communities where people talk, and earns money from ads placed beside those conversations and from licensing its content.

Alfred Ritter GmbH & Co. KG is a German private company specializing in chocolate, best known for its Ritter Sport brand.

Royal Caribbean Group owns the Royal Caribbean, Celebrity Cruises and Silversea cruise lines and half of TUI Cruises, selling cruise vacations, onboard extras and visits to its own private islands to about 9.4 million guests a year.

Sandisk designs NAND flash memory, makes it with Kioxia in joint fabs in Japan, and sells it as SSDs, embedded storage and memory cards to device makers, data centers and consumers.

Smeg is a family-owned Italian appliance maker, famous for its retro fridges, kettles and toasters, that builds in five Italian plants and sells in more than 120 countries.

Telefónica sells mobile, fibre broadband and TV under the Movistar, O2 and Vivo brands in Spain, Germany, Brazil and, through a joint venture, the UK, plus IT and connectivity services to businesses and network access to other operators.

United is one of the largest airlines in the world, flying passengers and cargo from seven U.S. hubs to more than 380 destinations and earning extra from its MileagePlus loyalty program.

Vale is one of the world’s largest iron ore miners: it digs high-grade ore in Brazil’s Carajás and Minas Gerais, moves it on its own railways and ports to steelmakers, mostly in China, and through Vale Base Metals also mines nickel and copper in Brazil, Canada and Indonesia.

Vinted runs an app where people buy and sell second-hand clothes and other items from each other across Europe and beyond, earning mainly from buyer fees and shipping it arranges through its own carrier, Vinted Go.

Vodafone sells mobile and fixed connectivity to about 300 million customers in Europe and Africa, plus business services, IoT and mobile money through Vodacom and M-Pesa.

Vylor is the former seed business of Corteva, spun off in October 2026: it breeds and sells corn, soybean and other seeds under brands like Pioneer and Brevant and licenses its traits to other seed companies in more than 70 countries.