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CEOWORLD magazine - Latest - Banking and Finance - France’s Largest companies by market capitalization, 2024

Banking and Finance

France’s Largest companies by market capitalization, 2024

Paris Stock Exchange (Euronext)

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

RANKCOMPANYMARKET CAPITAL (USD DOLLAR)
1LVMH$311 billion
2HERMÈS INTERNATIONAL$223 billion
3L'ORÉAL$184 billion
4SCHNEIDER ELECTRIC SE$142 billion
5TOTALENERGIES SE$140 billion
6SANOFI$121 billion
7AIRBUS SE$116 billion
8ESSILORLUXOTTICA$111 billion
9CHRISTIAN DIOR SE$105 billion
10AIR LIQUIDE$97.63 billion
11SAFRAN$97 billion
12AXA$76.46 billion
13BNP PARIBAS$72.04 billion
14VINCI$60.35 billion
15E.D.F.$51.55 billion
16SAINT-GOBAIN$47.73 billion
17DANONE$44.21 billion
18DASSAULT SYSTÈMES SE$44.09 billion
19CRÉDIT AGRICOLE S.A.$43.14 billion
20ENGIE$39.21 billion
21THALES$32.87 billion
22PERNOD RICARD$29.09 billion
23KERING$28.52 billion
24CAPGEMINI SE$28.21 billion
25ORANGE$27.69 billion
26LEGRAND$27.02 billion
27PUBLICIS GROUPE S.A.$26.3 billion
28MICHELIN (CGDE)$23.39 billion
29SOCIÉTÉ GÉNÉRALE$22.48 billion
30STMICROELECTRONICS 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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CEOWORLD magazine - Latest - Banking and Finance - France’s Largest companies by market capitalization, 2024
Christina Miller
Associate News Editor at CEOWORLD Magazine. I lead the reporting team that covers US financial services and I write a business column for the opinion section. I write news pieces about the US and European market for start-ups and interview CEOs for our interview slot. I also presented one of the CEOWORLD magazine's early podcast hits, Money Stories, in which I persuadeded notable CEOs to share insights into the breaking news, moments of crisis and key decisions that enabled them to build successful international companies.