Bow down, y'all.

Cate Blanchett is a brilliant actress. Cate Blanchett is a style star. And Cate Blanchett is a total. Freaking. Babe. 

The "Carol" star attended the Costume Designers Guild Awards in Beverly Hills Tuesday night, where she was honored with the Lacoste Spotlight Award.

Clad in an formfitting custom-made Atelier Versace gown and an extravagant, Tiffany & Co. diamond bib necklace, Blanchett exuded glitz, glamour, and yes, total babeness. 

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Jason LaVeris via Getty Images

The award, which honors excellence in using costume to help tell a character's story, is awfully fitting for Blanchett. Not only does her extensive film work speak for itself, but she's basically the fashion industry's darling when it comes to major awards shows.

"Her appreciation for the artistry of costume design and her collaboration with the costume designers has made her an icon both on and off the screen," the guild stated on its website. 

With the Oscars just around the corner, we can't wait to see the next iconic fashion moment Blanchett has in store. 

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JB Lacroix via Getty Images

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Cate Blanchett
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LONDON, ENGLAND - OCTOBER 17: Cate Blanchett attends the BFI London Film Festival Awards at Banqueting House on October 17, 2015 in London, England. (Photo by Mike Marsland/WireImage) (credit:Mike Marsland via Getty Images)
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HOLLYWOOD, CA - NOVEMBER 14: Actress Cate Blanchett attends the Academy of Motion Picture Arts and Sciences' 7th annual Governors Awards at The Ray Dolby Ballroom at Hollywood & Highland Center on November 14, 2015 in Hollywood, California. (Photo by Jason LaVeris/FilmMagic) (credit:Jason LaVeris via Getty Images)
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NEW YORK, NY - NOVEMBER 16: Actress Cate Blanchett is seen outside 'Good Morning America' on November 16, 2015 in New York City. (Photo by Gilbert Carrasquillo/GC Images) (credit:Gilbert Carrasquillo via Getty Images)
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NEW YORK, NY - NOVEMBER 16: Actress Cate Blanchett is seen during a taping of 'Good Morning America' on November 16, 2015 in New York City. (Photo by Gilbert Carrasquillo/GC Images) (credit:Gilbert Carrasquillo via Getty Images)
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LONDON, ENGLAND - OCTOBER 14: Cate Blanchett attends the American Express gala screening of 'Carol' during the BFI London Film Festival at Odeon Leicester Square on October 14, 2015 in London, England. (Photo by David M. Benett/Dave Benett/WireImage) (credit:David M. Benett via Getty Images)
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HOLLYWOOD, CA - NOVEMBER 14: Actress Cate Blanchett attends the Academy of Motion Picture Arts and Sciences' 7th annual Governors Awards at The Ray Dolby Ballroom at Hollywood & Highland Center on November 14, 2015 in Hollywood, California. (Photo by Jason LaVeris/FilmMagic) (credit:Jason LaVeris via Getty Images)
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LONDON, ENGLAND - OCTOBER 14: Cate Blanchett attends a photocall for ' Carol' during the BFI London Film Festival at Soho Hotel on October 14, 2015 in London, England. (Photo by Fred Duval/FilmMagic) (credit:Fred Duval via Getty Images)
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LONDON, ENGLAND - OCTOBER 14: Cate Blanchett attends a screening of 'Carol' during the BFI London Film Festival at Odeon Leicester Square on October 14, 2015 in London, England. (Photo by Karwai Tang/WireImage) (credit:Karwai Tang via Getty Images)
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NEW YORK, NY - OCTOBER 09: Actress Cate Blanchett attends 53rd New York Film Festival - 'Carol' at Alice Tully Hall on October 9, 2015 in New York City. (Photo by Gilbert Carrasquillo/FilmMagic) (credit:Gilbert Carrasquillo via Getty Images)
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LONDON, ENGLAND - OCTOBER 14: Actress Cate Blanchett attends The Academy Of Motion Pictures Arts & Sciences new members reception hosted by Ambassador Matthew Barzun and Mrs Brooke Barzun at the American Ambassadors Residence, Winfield House, Regents Park on October 14, 2015 in London, England. (Photo by David M. Benett/Dave Benett/Getty Images) (credit:David M. Benett via Getty Images)
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NEW YORK, NY - OCTOBER 08: Actress Cate Blanchett is seen arriving at the 'Sony Office'on October 8, 2015 in New York City. (Photo by Raymond Hall/GC Images) (credit:Raymond Hall via Getty Images)
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LONDON, ENGLAND - OCTOBER 17: Cate Blanchett attends a screening of 'Truth' during the BFI London Film Festival at Odeon Leicester Square on October 17, 2015 in London, England. (Photo by Karwai Tang/WireImage) (credit:Karwai Tang via Getty Images)
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NEW YORK, NY - OCTOBER 07: Actress Cate Blanchett the screening of Sony Pictures Classics' 'Truth' hosted by Giorgio Armani and The Cinema Society at Museum of Modern Art on October 7, 2015 in New York City. (Photo by Monica Schipper/FilmMagic) (credit:Monica Schipper via Getty Images)
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NEW YORK, NY - OCTOBER 07: Actress Cate Blanchett attends the Armani and Cinema Society Screening of Sony Pictures Classics' 'Truth' after party at Armani Ristorante on October 7, 2015 in New York City. (Photo by Dimitrios Kambouris/Getty Images) (credit:Dimitrios Kambouris via Getty Images)
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BEVERLY HILLS, CA - OCTOBER 05: Actress Cate Blanchett arrives at the Industry Screening of Sony Pictures Classics' 'Truth' at Samuel Goldwyn Theater on October 5, 2015 in Beverly Hills, California. (Photo by Axelle/Bauer-Griffin/FilmMagic) (credit:Axelle/Bauer-Griffin via Getty Images)
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CANNES, FRANCE - MAY 17: Actress Cate Blanchett attends the 'Carol' Premiere during the 68th annual Cannes Film Festival on May 17, 2015 in Cannes, France. (Photo by Foc Kan/FilmMagic) (credit:Foc Kan via Getty Images)
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LOS ANGELES, CA - OCTOBER 05: Cate Blanchett is seen at 'Jimmy Kimmel Live' on October 05, 2015 in Los Angeles, California. (Photo by RB/Bauer-Griffin/GC Images) (credit:RB/Bauer-Griffin via Getty Images)
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CANNES, FRANCE - MAY 19: Cate Blanchett attends the 'Sicario' premiere during the 68th annual Cannes Film Festival on May 19, 2015 in Cannes, France. (Photo by Anthony Harvey/FilmMagic,) (credit:Anthony Harvey via Getty Images)
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CANNES, FRANCE - MAY 17: Cate Blanchett attends the 'Carol' Premiere during the 68th annual Cannes Film Festival on May 17, 2015 in Cannes, France. (Photo by Mike Marsland/WireImage) (credit:Mike Marsland via Getty Images)
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CANNES, FRANCE - MAY 17: Cate Blanchett attends the 'Carol' Photocall during the 68th annual Cannes Film Festival on May 17, 2015 in Cannes, France. (Photo by Samir Hussein/WireImage) (credit:Samir Hussein via Getty Images)
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CANNES, FRANCE - MAY 19: Australian actress Cate Blanchett arrives for the screening of the film 'Sicario' at the 68th annual Cannes Film Festival in Cannes, France on May 19, 2015. (Photo by Mustafa Yalcin/Anadolu Agency/Getty Images) (credit:Anadolu Agency via Getty Images)
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HOLLYWOOD, CA - MARCH 01: Actress Cate Blanchett attends the premiere of 'Cinderella' at the El Capitan Theatre on March 1, 2015 in Hollywood, California. (Photo by Jason LaVeris/FilmMagic) (credit:Jason LaVeris via Getty Images)
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HOLLYWOOD, CA - FEBRUARY 22: Cate Blanchett arrives at the 87th Annual Academy Awards at Hollywood & Highland Center on February 22, 2015 in Los Angeles, California. (Photo by Dan MacMedan/WireImage) (credit:Dan MacMedan via Getty Images)
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HOLLYWOOD, CA - MARCH 01: Actress Cate Blanchett attends the premiere of 'Cinderella' at the El Capitan Theatre on March 1, 2015 in Hollywood, California. (Photo by Jason LaVeris/FilmMagic) (credit:Jason LaVeris via Getty Images)
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HOLLYWOOD, CA - FEBRUARY 22: Cate Blanchett arrives at the 87th Annual Academy Awards at Hollywood & Highland Center on February 22, 2015 in Hollywood, California. (Photo by Steve Granitz/WireImage) (credit:Steve Granitz via Getty Images)
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SANTA MONICA, CA - FEBRUARY 21: Actress Cate Blanchett arrives at the 2015 Film Independent Spirit Awards on February 21, 2015 in Santa Monica, California. (Photo by Gregg DeGuire/WireImage) (credit:Gregg DeGuire via Getty Images)
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HOLLYWOOD, CA - FEBRUARY 22: Cate Blanchett attend the 87th Annual Academy Awards at Hollywood & Highland Center on February 22, 2015 in Hollywood, California. (Photo by Jeff Kravitz/FilmMagic) (credit:Jeff Kravitz via Getty Images)
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BERLIN, GERMANY - FEBRUARY 13: Cate Blanchett attends the 'Cinderella' photocall during the 65th Berlinale International Film Festival at Grand Hyatt Hotel on February 13, 2015 in Berlin, Germany. (Photo by Target Presse Agentur Gmbh/WireImage) (credit:Target Presse Agentur Gmbh via Getty Images)
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SANTA MONICA, CA - FEBRUARY 21: Actress Cate Blanchett attends the 2015 Film Independent Spirit Awards on February 21, 2015 in Santa Monica, California. (Photo by David Livingston/Getty Images) (credit:David Livingston via Getty Images)
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SYDNEY, AUSTRALIA - JANUARY 29: Cate Blanchett arrives at the 4th AACTA Awards Ceremony at The Star on January 29, 2015 in Sydney, Australia. (Photo by Don Arnold/WireImage) (credit:Don Arnold via Getty Images)
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BERLIN, GERMANY - FEBRUARY 13: Cate Blanchett attends the 'Cinderella' premiere during the 65th Berlinale International Film Festival at Berlinale Palace on February 13, 2015 in Berlin, Germany. (Photo by Target Presse Agentur Gmbh/WireImage) (credit:Target Presse Agentur Gmbh via Getty Images)
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SYDNEY, AUSTRALIA - JANUARY 29: Cate Blanchett arrives at the 4th AACTA Awards Ceremony at The Star on January 29, 2015 in Sydney, Australia. (Photo by Mark Metcalfe/Getty Images) (credit:Mark Metcalfe via Getty Images)
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SAN DIEGO, CA - JULY 26: Cate Blanchett attends The Hobbit: The Battle of the Five Armies at Comic-Con International 2014 - Day 3 on July 26, 2014 in San Diego, California. (Photo by Joe Scarnici/FilmMagic) (credit:Joe Scarnici via Getty Images)
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BERLIN, GERMANY - FEBRUARY 13: Cate Blanchett attends the 'Cinderella' photocall during the 65th Berlinale International Film Festival at Grand Hyatt Hotel on February 13, 2015 in Berlin, Germany. (Photo by Andreas Rentz/Getty Images) (credit:Andreas Rentz via Getty Images)
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ZURICH, SWITZERLAND - SEPTEMBER 27: Cate Blanchett attended the exclusive IWC Gala Dinner ÂTimeless Portofino hosted by IWC CEO Georges Kern at the Zurich Film Festival (ZFF) on September 27, 2014 in Zurich, Switzerland. (Photo by Andreas Rentz/Getty Images for IWC) (credit:Andreas Rentz via Getty Images)
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BEVERLY HILLS, CA - OCTOBER 05: Actress Cate Blanchett arrives at the Industry Screening Of Sony Pictures Classics' 'Truth' at Samuel Goldwyn Theater on October 5, 2015 in Beverly Hills, California. (Photo by Jon Kopaloff/FilmMagic) (credit:Jon Kopaloff via Getty Images)
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CENTURY CITY, CA - JUNE 11: Actress Cate Blanchett attends the Women In Film 2014 Crystal + Lucy Awards at the Hyatt Regency Century Plaza on June 11, 2014 in Century City, California. (Photo by Jason LaVeris/FilmMagic) (credit:Jason LaVeris via Getty Images)

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