France’s Largest companies by market capitalization, 2024
As of November 19, 2024, LVMH Moët Hennessy is the most valuable company in France, with a market cap of $311 billion. Following it are Hermès ($223 billion) and L’Oréal ($184 billion).
Which one is the most valuable in France by market cap? This list comprises the biggest companies currently in France by market cap in 2024:
France's Largest Companies by Market Cap, 2024
RANK | COMPANY | MARKET CAPITAL (USD DOLLAR) |
---|---|---|
1 | LVMH | $311 billion |
2 | HERMÈS INTERNATIONAL | $223 billion |
3 | L'ORÉAL | $184 billion |
4 | SCHNEIDER ELECTRIC SE | $142 billion |
5 | TOTALENERGIES SE | $140 billion |
6 | SANOFI | $121 billion |
7 | AIRBUS SE | $116 billion |
8 | ESSILORLUXOTTICA | $111 billion |
9 | CHRISTIAN DIOR SE | $105 billion |
10 | AIR LIQUIDE | $97.63 billion |
11 | SAFRAN | $97 billion |
12 | AXA | $76.46 billion |
13 | BNP PARIBAS | $72.04 billion |
14 | VINCI | $60.35 billion |
15 | E.D.F. | $51.55 billion |
16 | SAINT-GOBAIN | $47.73 billion |
17 | DANONE | $44.21 billion |
18 | DASSAULT SYSTÈMES SE | $44.09 billion |
19 | CRÉDIT AGRICOLE S.A. | $43.14 billion |
20 | ENGIE | $39.21 billion |
21 | THALES | $32.87 billion |
22 | PERNOD RICARD | $29.09 billion |
23 | KERING | $28.52 billion |
24 | CAPGEMINI SE | $28.21 billion |
25 | ORANGE | $27.69 billion |
26 | LEGRAND | $27.02 billion |
27 | PUBLICIS GROUPE S.A. | $26.3 billion |
28 | MICHELIN (CGDE) | $23.39 billion |
29 | SOCIÉTÉ GÉNÉRALE | $22.48 billion |
30 | STMICROELECTRONICS N.V. | $22.47 billion |
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).
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