As of September 6, 2024, SAP SE is the most valuable company in Germany, with a market cap of $248 billion. Following it are Deutsche Telekom ($143 billion) and Siemens AG ($143 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 | $248 billion |
| 2 | DEUTSCHE TELEKOM AG | $143 billion |
| 3 | SIEMENS AG | $143 billion |
| 4 | ALLIANZ SE | $122 billion |
| 5 | MERCK KGAA | $81.92 billion |
| 6 | MUNICH RE | $72.56 billion |
| 7 | PORSCHE AG | $67.83 billion |
| 8 | MERCEDES-BENZ GROUP AG | $63.91 billion |
| 9 | SIEMENS HEALTHINEERS AG | $62.79 billion |
| 10 | BMW AG | $55.55 billion |
| 11 | VOLKSWAGEN AG | $54.78 billion |
| 12 | DHL GROUP | $50.37 billion |
| 13 | BASF SE | $44.24 billion |
| 14 | ADIDAS AG | $43.94 billion |
| 15 | INFINEON TECHNOLOGIES AG | $43.21 billion |
| 16 | DEUTSCHE BÖRSE AG | $41.39 billion |
| 17 | EON SE | $38.12 billion |
| 18 | HENKEL AG & CO. KGAA | $36.01 billion |
| 19 | HANNOVER RE | $34.35 billion |
| 20 | DEUTSCHE BANK AG | $32.21 billion |
| 21 | BEIERSDORF | $32.1 billion |
| 22 | BAYER AG | $31.56 billion |
| 23 | VONOVIA SE | $29.94 billion |
| 24 | DAIMLER TRUCK HOLDING AG | $27.95 billion |
| 25 | HAPAG-LLOYD AG | $27.38 billion |
| 26 | RWE AG | $27.19 billion |
| 27 | RHEINMETALL AG | $24.8 billion |
| 28 | SIEMENS ENERGY AG | $22.15 billion |
| 29 | TALANX AG | $22.06 billion |
| 30 | VANTAGE TOWERS AG | $21.56 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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