As of September 13, 2024, LVMH Moët Hennessy is the most valuable company in France, with a market cap of $334 billion. Following it are Hermès ($221 billion) and L’Oréal ($216 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 | $334 billion |
| 2 | HERMÈS INTERNATIONAL | $221 billion |
| 3 | L'ORÉAL | $216 billion |
| 4 | TOTALENERGIES SE | $155 billion |
| 5 | SANOFI | $142 billion |
| 6 | SCHNEIDER ELECTRIC SE | $140 billion |
| 7 | AIRBUS SE | $114 billion |
| 8 | CHRISTIAN DIOR SE | $114 billion |
| 9 | AIR LIQUIDE | $108 billion |
| 10 | ESSILORLUXOTTICA | $105 billion |
| 11 | SAFRAN | $93.89 billion |
| 12 | AXA | $82.95 billion |
| 13 | BNP PARIBAS | $79.14 billion |
| 14 | VINCI | $68.12 billion |
| 15 | DASSAULT SYSTÈMES SE | $51.87 billion |
| 16 | E.D.F. | $51.55 billion |
| 17 | CRÉDIT AGRICOLE S.A. | $47.88 billion |
| 18 | DANONE | $46.44 billion |
| 19 | SAINT-GOBAIN | $43.01 billion |
| 20 | ENGIE | $42.37 billion |
| 21 | CAPGEMINI SE | $36.57 billion |
| 22 | PERNOD RICARD | $35.67 billion |
| 23 | THALES | $33.18 billion |
| 24 | ORANGE | $31.62 billion |
| 25 | KERING | $30.85 billion |
| 26 | LEGRAND | $29.39 billion |
| 27 | MICHELIN (CGDE) | $27.84 billion |
| 28 | PUBLICIS GROUPE S.A. | $26.4 billion |
| 29 | STMICROELECTRONICS N.V. | $25.1 billion |
| 30 | VEOLIA ENVIRONNEMENT | $23.46 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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