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CEOWORLD magazine - Latest - Banking and Finance - Spain’s Largest Companies by market capitalization, 2024

Banking and Finance

Spain’s Largest Companies by market capitalization, 2024

As of December 23, 2024, INDITEX is the most valuable company in Spain, with a market cap of $162 billion. Following it are IBERDROLA ($83.98 billion) and BANCO SANTANDER ($68.86 billion).

Which one is the most valuable in Spain by market cap? This list comprises the biggest companies currently in Spain by market cap in 2024:

Spain's Largest Companies by market capitalization, 2024

RANKCOMPANYMARKET CAPTIAL (USD DOLLAR)
1INDITEX$162 billion
2IBERDROLA, S.A.$83.98 billion
3BANCO SANTANDER, S.A.$68.86 billion
4BBVA$55.84 billion
5CAIXABANK, S.A.$38.26 billion
6AENA S.M.E., S.A.$31.09 billion
7AMADEUS IT GROUP, S.A.$30.95 billion
8FERROVIAL SE$30.21 billion
9NATURGY ENERGY GROUP, S.A.$23.16 billion
10TELEFÓNICA, S.A.$23.07 billion
11ENDESA, S.A.$22.51 billion
12CELLNEX TELECOM, S.A.$22.27 billion
13REPSOL S.A.$13.51 billion
14ACS, ACTIVIDADES DE CONSTRUCCIÓN Y SERVICIOS, S.A.$12.59 billion
15BANCO DE SABADELL, S.A.$10.38 billion
16PUIG BRANDS SA$10.24 billion
17REDEIA CORPORACION S.A.$9.24 billion
18MAPFRE S.A.$7.71 billion
19BANKINTER, S.A.$6.9 billion
20ACCIONA, S.A.$6.17 billion
21CORPORACIÓN ACCIONA ENERGÍAS RENOVABLES, S.A.$6.13 billion
22GRIFOLS, S.A.$5.99 billion
23MERLIN PROPERTIES SOCIMI, S.A.$5.83 billion
24CORPORACIÓN FINANCIERA ALBA, S.A.$5.19 billion
25FLUIDRA, S.A.$4.75 billion
26GRUPO CATALANA OCCIDENTE, S.A.$4.46 billion
27FOMENTO DE CONSTRUCCIONES Y CONTRATAS, S.A.$4.18 billion
28LOGISTA HOLDINGS$4.01 billion
29GENERAL DE GALERÍAS COMERCIALES SOCIMI, S.A.$3.85 billion
30INMOBILIARIA COLONIAL SOCIMI, S.A.$3.31 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 - Spain’s Largest Companies by market capitalization, 2024
Nikolas Anderson
Associate Editor at CEOWORLD Magazine. I report on CEOs, boards, corporate governance, what’s going on inside the world’s biggest companies, and the future of work. Previously, I was Senior Energy Correspondent covering oil and gas companies, G-20 energy policy, and the global transition towards cleaner fuels.