As of December 23, 2024, GAZPROM is the most valuable company in Russia, with a market cap of $45.19 billion. Following it are ROSNEFT OIL ($32.2 billion) and SBERBANK OF RUSSIA ($28.89 billion).
Which one is the most valuable in Russia by market cap?
This list comprises the biggest companies currently in Russia by market cap in 2024:
Russia's Largest Companies by market capitalization, 2024
| RANK | COMPANY | MARKET CAPTIAL (USD DOLLAR) |
|---|---|---|
| 1 | GAZPROM | $45.19 billion |
| 2 | ROSNEFT OIL | $32.2 billion |
| 3 | SBERBANK OF RUSSIA | $28.89 billion |
| 4 | PAO NOVATEK | $28.69 billion |
| 5 | LUKOIL | $26.14 billion |
| 6 | NORNICKEL ADR | $24.67 billion |
| 7 | GAZPROM | $17.77 billion |
| 8 | PHOSAGRO | $9.91 billion |
| 9 | SURGUTNEFTEGAS | $8.96 billion |
| 10 | TATNEFT | $8.84 billion |
| 11 | TRANSNEFT | $8.65 billion |
| 12 | POLYUS | $7.66 billion |
| 13 | SEVERSTAL | $6.64 billion |
| 14 | ACRON | $6.44 billion |
| 15 | VSMPO-AVISMA CORPORATION | $6.35 billion |
| 16 | IRKUT CORPORATION | $6.06 billion |
| 17 | UNITED AIRCRAFT CORPORATION | $6.04 billion |
| 18 | TCS GROUP HOLDING PLC | $4.97 billion |
| 19 | VTB BANK | $4.88 billion |
| 20 | PIK-SPECIALIZED HOMEBUILDER | $4.82 billion |
| 21 | ALROSA | $4.65 billion |
| 22 | MOBILE TELESYSTEMS | $4.47 billion |
| 23 | MEGAFON | $4.38 billion |
| 24 | FEDERAL HYDRO-GENERATING COMPANY - RUSHYDRO | $3.42 billion |
| 25 | MAGNITOGORSK IRON & STEEL WORKS | $3.4 billion |
| 26 | MAGNIT | $2.91 billion |
| 27 | SOVCOMBANK | $2.5 billion |
| 28 | INTER RAO UES | $2.31 billion |
| 29 | ROSTELECOM | $2.15 billion |
| 30 | RASPADSKAYA | $1.91 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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