As of January 24, 2025, SAP SE is the most valuable company in Germany, with a market cap of $318 billion. Following it are Siemens AG ($171 billion) and Deutsche Telekom ($153 billion).
Which one is the most valuable in Germany by market cap? This list comprises the biggest companies currently in Germany by market cap in 2024:
Germany's Largest Companies by market capitalization, 2024
| RANK | COMPANY | MARKET CAPITAL (USD DOLLAR) |
|---|---|---|
| 1 | SAP SE | $318 billion |
| 2 | SIEMENS AG | $171 billion |
| 3 | DEUTSCHE TELEKOM AG | $153 billion |
| 4 | ALLIANZ SE | $125 billion |
| 5 | MUNICH RE | $71.65 billion |
| 6 | MERCK KGAA | $65.36 billion |
| 7 | SIEMENS HEALTHINEERS AG | $63.32 billion |
| 8 | PORSCHE AG | $56.91 billion |
| 9 | MERCEDES-BENZ GROUP AG | $55.28 billion |
| 10 | VOLKSWAGEN AG | $50.68 billion |
| 11 | BMW AG | $50.31 billion |
| 12 | SIEMENS ENERGY AG | $48.37 billion |
| 13 | ADIDAS AG | $48.13 billion |
| 14 | INFINEON TECHNOLOGIES AG | $46.24 billion |
| 15 | DEUTSCHE BÖRSE AG | $44.84 billion |
| 16 | BASF SE | $42.47 billion |
| 17 | DHL GROUP | $42.41 billion |
| 18 | DEUTSCHE BANK AG | $38.55 billion |
| 19 | HENKEL AG & CO. KGAA | $34.05 billion |
| 20 | RHEINMETALL AG | $33.16 billion |
| 21 | HANNOVER RE | $32.83 billion |
| 22 | DAIMLER TRUCK HOLDING AG | $32.35 billion |
| 23 | EON SE | $29.65 billion |
| 24 | BEIERSDORF | $29.4 billion |
| 25 | HEIDELBERG MATERIALS AG | $24.98 billion |
| 26 | HAPAG-LLOYD AG | $24.32 billion |
| 27 | VONOVIA SE | $24.29 billion |
| 28 | COMMERZBANK AG | $22.37 billion |
| 29 | RWE AG | $22.19 billion |
| 30 | TALANX AG | $22.11 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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