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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 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

RANKCOMPANYMARKET CAPITAL (USD DOLLAR)
1LVMH$334 billion
2HERMÈS INTERNATIONAL$221 billion
3L'ORÉAL$216 billion
4TOTALENERGIES SE$155 billion
5SANOFI$142 billion
6SCHNEIDER ELECTRIC SE$140 billion
7AIRBUS SE$114 billion
8CHRISTIAN DIOR SE$114 billion
9AIR LIQUIDE$108 billion
10ESSILORLUXOTTICA$105 billion
11SAFRAN$93.89 billion
12AXA$82.95 billion
13BNP PARIBAS$79.14 billion
14VINCI$68.12 billion
15DASSAULT SYSTÈMES SE$51.87 billion
16E.D.F.$51.55 billion
17CRÉDIT AGRICOLE S.A.$47.88 billion
18DANONE$46.44 billion
19SAINT-GOBAIN$43.01 billion
20ENGIE$42.37 billion
21CAPGEMINI SE$36.57 billion
22PERNOD RICARD$35.67 billion
23THALES$33.18 billion
24ORANGE$31.62 billion
25KERING$30.85 billion
26LEGRAND$29.39 billion
27MICHELIN (CGDE)$27.84 billion
28PUBLICIS GROUPE S.A.$26.4 billion
29STMICROELECTRONICS N.V.$25.1 billion
30VEOLIA 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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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.