As of February 18, 2025, SAP SE is the most valuable company in Germany, with a market cap of $338 billion. Following it are Siemens AG ($185 billion) and Deutsche Telekom ($173 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 | $338 billion |
| 2 | SIEMENS AG | $185 billion |
| 3 | DEUTSCHE TELEKOM AG | $173 billion |
| 4 | ALLIANZ SE | $131 billion |
| 5 | MUNICH RE | $71.88 billion |
| 6 | SIEMENS HEALTHINEERS AG | $67.37 billion |
| 7 | MERCK KGAA | $62.13 billion |
| 8 | MERCEDES-BENZ GROUP AG | $61.27 billion |
| 9 | PORSCHE AG | $54.49 billion |
| 10 | BMW AG | $54.39 billion |
| 11 | VOLKSWAGEN AG | $53.82 billion |
| 12 | INFINEON TECHNOLOGIES AG | $51.24 billion |
| 13 | SIEMENS ENERGY AG | $51.08 billion |
| 14 | ADIDAS AG | $48.54 billion |
| 15 | BASF SE | $47.74 billion |
| 16 | DEUTSCHE BÖRSE AG | $47.14 billion |
| 17 | DHL GROUP | $44.32 billion |
| 18 | DEUTSCHE BANK AG | $39.31 billion |
| 19 | RHEINMETALL AG | $37.26 billion |
| 20 | DAIMLER TRUCK HOLDING AG | $35.06 billion |
| 21 | HENKEL AG & CO. KGAA | $34.76 billion |
| 22 | HANNOVER RE | $31.72 billion |
| 23 | EON SE | $31.62 billion |
| 24 | BEIERSDORF | $29.62 billion |
| 25 | HAPAG-LLOYD AG | $27.71 billion |
| 26 | HEIDELBERG MATERIALS AG | $27.43 billion |
| 27 | VONOVIA SE | $25.54 billion |
| 28 | COMMERZBANK AG | $24.38 billion |
| 29 | TALANX AG | $22.81 billion |
| 30 | RWE AG | $22.12 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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