Germany’s Largest Companies by market capitalization, 2024


As of February 12, 2024, SAp is the most valuable company in Germany, with a market cap of $211 billion. Following it are SIEMENS ($140 billion) and DEUTSCHE TELEKOM ($119 billion). Germany’s top five most valuable companies include some of the world’s most renowned brands: ALLIANZ (No. 4, $102 billion) and PORSCHE (No. 5, $78 billion). Overall, among Germany’s top 10 largest companies by market capitalization, the sixth, seventh, eighth, ninth, and tenth positions are held by MERCEDES-BENZ, MERCK, BMW, VOLKSWAGEN, and SIEMENS HEALTHINEERS.

Market capitalization, commonly known as market cap, refers to the total market value of a company’s outstanding shares. It is calculated by multiplying the current stock price by the total number of shares outstanding. For example, if a company has 2.34 billion shares outstanding and its stock price is $66.66 per share, its market cap would be $156 billion (2,340,000,000 x $66.66). Investors often use the market cap as a quick estimate of a company’s overall value and as a factor in determining whether to buy a stock. Stocks are often categorized by market cap: mega-cap ($100 billion-plus), large-cap ($10 billion-$100 billion), mid-cap ($2 billion-$10 billion), small-cap ($300 million-$2 billion), and micro-cap (less than $300 million).

Which one is the most valuable in Germany by market cap? This list comprises the biggest companies currently in Germany by market cap in 2024:

Germany’s Largest Companies by market capitalization, 2024

RANK COMPANY MARKET CAPTIAL (USD DOLLAR)
1 SAP SE $211 B
2 SIEMENS AG $140 B
3 DEUTSCHE TELEKOM AG $119 B
4 ALLIANZ SE $102 B
5 PORSCHE AG $78821 M
6 MERCEDES-BENZ GROUP AG $72983 M
7 MERCK KGAA $71377 M
8 BMW AG $69904 M
9 VOLKSWAGEN AG $68860 M
10 SIEMENS HEALTHINEERS AG $65162 M
11 MUNICH RE $58463 M
12 DHL GROUP $53833 M
13 INFINEON TECHNOLOGIES AG $47292 M
14 BASF SE $42364 M
15 DEUTSCHE BÖRSE AG $37009 M
16 BEIERSDORF $33776 M
17 EON SE $33664 M
18 ADIDAS AG $33065 M
19 HENKEL AG & CO. KGAA $30109 M
20 HANNOVER RE $29519 M
21 DAIMLER TRUCK HOLDING AG $29799 M
22 BAYER AG $29434 M
23 RWE AG $26035 M
24 UNIPER SE $25148 M
25 DEUTSCHE BANK AG $24919 M
26 HAPAG-LLOYD AG $24315 M
27 VONOVIA SE $22988 M
28 SARTORIUS AG $22901 M
29 ENBW ENERGIE BADEN-WÜRTTEMBERG AG $21612 M
30 VANTAGE TOWERS AG $21270 M
31 TALANX AG $18586 M
32 HEIDELBERG MATERIALS AG $16730 M
33 CONTINENTAL AG $16265 M
34 RHEINMETALL AG $15745 M
35 FRESENIUS SE & CO. KGAA $15268 M
36 PORSCHE AUTOMOBIL HOLDING SE $15187 M
37 SYMRISE AG $14381 M
38 COMMERZBANK AG $13625 M
39 BRENNTAG SE $12459 M
40 MTU AERO ENGINES AG $12652 M
41 HAPAG-LLOYD AG $24315 M
42 VONOVIA SE $22988 M
43 SARTORIUS AG $22901 M
44 ENBW ENERGIE BADEN-WÜRTTEMBERG AG $21612 M
45 VANTAGE TOWERS AG $21270 M
46 TALANX AG $18586 M
47 HEIDELBERG MATERIALS AG $16730 M
48 CONTINENTAL AG $16265 M
49 RHEINMETALL AG $15745 M
50 FRESENIUS SE & CO. KGAA $15268 M
51 PORSCHE AUTOMOBIL HOLDING SE $15187 M
52 SYMRISE AG $14381 M
53 COMMERZBANK AG $13625 M
54 MTU AERO ENGINES AG $12652 M
55 BRENNTAG SE $12459 M
56 TRATON SE $12260 M
57 SIEMENS ENERGY AG $11595 M
58 FRESENIUS MEDICAL CARE AG $11402 M
59 NEMETSCHEK SE $11231 M
60 CARL ZEISS MEDITEC AG $10681 M
61 HELLA GMBH & CO. KGAA $9812 M
62 COVESTRO AG $9809 M
63 KNORR-BREMSE AG $9807 M
64 LUFTHANSA $9700 M
65 RATIONAL AG $9213 M
66 KRONES AG $3931 M
67 HENSOLDT AG $3759 M
68 DMG MORI AG $3731 M
69 THYSSENKRUPP AG $3715 M
70 VITESCO TECHNOLOGIES GROUP AG $3601 M
71 TUI AG $3528 M
72 1&1 AG $3464 M
73 GERRESHEIMER AG $3382 M
74 JUNGHEINRICH AG $3337 M
75 STRÖER SE & CO. KGAA $3209 M
76 IONOS GROUP SE $3163 M
77 SOFTWARE AG $3087 M
78 FREENET AG $2992 M
79 LECHWERKE AG $2943 M
80 SILTRONIC AG $2942 M
81 AURUBIS AG $2878 M
82 TRADEGATE AG WERTPAPIERHANDELSBANK $2866 M
83 REDCARE PHARMACY NV $2852 M
84 SÜDZUCKER AG $2835 M
85 SYNLAB AG $2812 M
86 EVOTEC SE $2647 M
87 MORPHOSYS AG $2598 M
88 TEAMVIEWER SE $2584 M
89 GELSENWASSER AG $2576 M
90 MAINOVA AG $2482 M
91 K+S AG $2439 M
92 NORDEX SE $2423 M
93 MVV ENERGIE AG $2388 M
94 HELLOFRESH SE $2341 M
95 LANXESS AG $2323 M
96 DERMAPHARM HOLDING SE $2259 M
97 TAG IMMOBILIEN AG $2167 M
98 RENK GROUP AG $2165 M
99 ATOSS SOFTWARE AG $2157 M
100 AAREAL BANK AG $2149 M
101 ENCAVIS AG $2146 M
102 METRO AG $2090 M
103 AROUNDTOWN SA $2064 M
104 SUSE $2018 M
105 SMA SOLAR TECHNOLOGY AG $1974 M


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2024-02-12 02:52:20

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