As of September 6, 2024, LVMH Moët Hennessy is the most valuable company in France, with a market cap of $343 billion. Following it are L’Oréal ($230 billion) and Hermès ($226 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 | $343 billion |
| 2 | L'ORÉAL | $230 billion |
| 3 | HERMÈS INTERNATIONAL | $226 billion |
| 4 | TOTALENERGIES SE | $155 billion |
| 5 | SANOFI | $146 billion |
| 6 | SCHNEIDER ELECTRIC SE | $137 billion |
| 7 | CHRISTIAN DIOR SE | $117 billion |
| 8 | AIRBUS SE | $116 billion |
| 9 | ESSILORLUXOTTICA | $105 billion |
| 10 | AIR LIQUIDE | $104 billion |
| 11 | SAFRAN | $89.78 billion |
| 12 | AXA | $81.28 billion |
| 13 | BNP PARIBAS | $79.68 billion |
| 14 | VINCI | $69.55 billion |
| 15 | E.D.F. | $51.55 billion |
| 16 | DASSAULT SYSTÈMES SE | $47.88 billion |
| 17 | CRÉDIT AGRICOLE S.A. | $47.87 billion |
| 18 | DANONE | $45.97 billion |
| 19 | ENGIE | $43.03 billion |
| 20 | SAINT-GOBAIN | $42.78 billion |
| 21 | CAPGEMINI SE | $34.87 billion |
| 22 | PERNOD RICARD | $34.42 billion |
| 23 | KERING | $33.29 billion |
| 24 | THALES | $33.21 billion |
| 25 | ORANGE | $31.72 billion |
| 26 | LEGRAND | $28.39 billion |
| 27 | MICHELIN (CGDE) | $28.01 billion |
| 28 | PUBLICIS GROUPE S.A. | $26.72 billion |
| 29 | STMICROELECTRONICS N.V. | $26.59 billion |
| 30 | VEOLIA ENVIRONNEMENT | $23.7 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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