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CEOWORLD magazine - Latest - Money and Wealth - The Biggest Companies in Germany by Market Capitalization (March 27, 2023)

Money and Wealth

The Biggest Companies in Germany by Market Capitalization (March 27, 2023)

Stock Exchange

As of March 27, 2023, with its market capitalization of $143 billion, SAP SE is the most valuable company in Germany, according to the CEOWORLD magazine. The list places SIEMENS AG as the second most valuable company, towering at a $119 billion valuation, followed by DEUTSCHE TELEKOM AG with a market cap of $116 billion, PORSCHE AG with a market cap of $110 billion, and ALLIANZ SE with a market cap of $88 billion.

Market cap (i.e., market capitalization) is an essential metric in ascertaining the comparative value of firms concerning trading opportunities. We have used the latest market cap data published by the New York Stock Exchange (NYSE), the London Stock Exchange, or other most prominent global stock exchanges to rank the companies.

In the latest CEOWORLD magazine ranking of the companies, MERCEDES-BENZ GROUP AG ranks sixth with a market cap of $80 billion, and MERCK KGAA ranks seventh with a market cap of $78 billion. VOLKSWAGEN AG ranks eighth in the list, with a market cap of $73 billion; meanwhile, BMW AG ranks ninth with a market cap of $67 billion and SIEMENS HEALTHINEERS AG ranks tenth with a market cap of $61 billion.

Ranked: Biggest Companies in Germany by Market Capitalization

  1. SAP SE: $143 billion
  2. SIEMENS AG: $119 billion
  3. DEUTSCHE TELEKOM AG: $116 billion
  4. PORSCHE AG: $110 billion
  5. ALLIANZ SE: $88 billion
  6. MERCEDES-BENZ GROUP AG: $80 billion
  7. MERCK KGAA: $78 billion
  8. VOLKSWAGEN AG: $73 billion
  9. BMW AG: $67 billion
  10. SIEMENS HEALTHINEERS AG: $61 billion
  11. BAYER AG: $58 billion
  12. HAPAG-LLOYD AG: $55 billion
  13. DEUTSCHE POST AG: $53 billion
  14. INFINEON TECHNOLOGIES AG: $47 billion
  15. MUNICH RE: $46 billion
  16. BASF SE: $44 billion
  17. DEUTSCHE BÖRSE AG: $35 billion
  18. E.ON SE: $30.98 billion
  19. HENKEL AG & CO. KGAA: $30.35 billion
  20. RWE AG: $29 billion

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CEOWORLD magazine - Latest - Money and Wealth - The Biggest Companies in Germany by Market Capitalization (March 27, 2023)
Sophie Ireland
Sophie is currently serving as a Senior Economist at CEOWORLD magazine's Global Unit. She started her career as a Young Professional at CEOWORLD magazine in 2010 and has since worked as an economist in three different regions, namely Latin America and the Caribbean, Africa, East Asia, and the Pacific. Her research interests primarily revolve around the topics of economic growth, labor policy, migration, inequality, and demographics. In her current role, she is responsible for monitoring macroeconomic conditions and working on subjects related to macroeconomics, fiscal policy, international trade, and finance. Prior to this, she worked with multiple local and global financial institutions, gaining extensive experience in the fields of economic research and financial analysis.


Follow her on Twitter, Facebook, Instagram, or connect on LinkedIn. Email her at sophie@ceoworld.biz.