As of December 10, 2024, LVMH Moët Hennessy is the most valuable company in France, with a market cap of $345 billion. Following it are Hermès ($252 billion) and L’Oréal ($198 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 | $345 billion |
| 2 | HERMÈS INTERNATIONAL | $252 billion |
| 3 | L'ORÉAL | $198 billion |
| 4 | SCHNEIDER ELECTRIC SE | $147 billion |
| 5 | TOTALENERGIES SE | $133 billion |
| 6 | AIRBUS SE | $131 billion |
| 7 | SANOFI | $122 billion |
| 8 | CHRISTIAN DIOR SE | $115 billion |
| 9 | ESSILORLUXOTTICA | $111 billion |
| 10 | AIR LIQUIDE | $98.59 billion |
| 11 | SAFRAN | $93.58 billion |
| 12 | AXA | $76.13 billion |
| 13 | BNP PARIBAS | $71.68 billion |
| 14 | VINCI | $60.53 billion |
| 15 | E.D.F. | $51.55 billion |
| 16 | DASSAULT SYSTÈMES SE | $48.97 billion |
| 17 | SAINT-GOBAIN | $47.51 billion |
| 18 | DANONE | $43.79 billion |
| 19 | CRÉDIT AGRICOLE S.A. | $42.2 billion |
| 20 | ENGIE | $38.79 billion |
| 21 | KERING | $31.97 billion |
| 22 | THALES | $30.38 billion |
| 23 | PERNOD RICARD | $29.72 billion |
| 24 | CAPGEMINI SE | $29 billion |
| 25 | PUBLICIS GROUPE S.A. | $27.83 billion |
| 26 | ORANGE | $27.42 billion |
| 27 | LEGRAND | $26.89 billion |
| 28 | MICHELIN (CGDE) | $24.18 billion |
| 29 | STMICROELECTRONICS N.V. | $24.05 billion |
| 30 | SOCIÉTÉ GÉNÉRALE | $22.67 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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