As of November 18, 2024, INDITEX is the most valuable company in Spain, with a market cap of $168 billion. Following it are IBERDROLA ($87.27 billion) and BANCO SANTANDER ($73.53 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
| RANK | COMPANY | MARKET CAPTIAL (USD DOLLAR) |
|---|---|---|
| 1 | INDITEX | $168 billion |
| 2 | IBERDROLA, S.A. | $87.27 billion |
| 3 | BANCO SANTANDER, S.A. | $73.53 billion |
| 4 | BBVA | $57.01 billion |
| 5 | CAIXABANK, S.A. | $42.73 billion |
| 6 | AENA S.M.E., S.A. | $31.3 billion |
| 7 | AMADEUS IT GROUP, S.A. | $31.02 billion |
| 8 | FERROVIAL SE | $28.2 billion |
| 9 | TELEFÓNICA, S.A. | $25.06 billion |
| 10 | CELLNEX TELECOM, S.A. | $23.61 billion |
| 11 | NATURGY ENERGY GROUP, S.A. | $22.76 billion |
| 12 | ENDESA, S.A. | $22.1 billion |
| 13 | REPSOL S.A. | $14.51 billion |
| 14 | PUIG BRANDS SA | $11.35 billion |
| 15 | ACS, ACTIVIDADES DE CONSTRUCCIÓN Y SERVICIOS, S.A. | $11.18 billion |
| 16 | BANCO DE SABADELL, S.A. | $10.51 billion |
| 17 | REDEIA CORPORACION S.A. | $9.54 billion |
| 18 | MAPFRE S.A. | $8.41 billion |
| 19 | GRIFOLS, S.A. | $7.44 billion |
| 20 | BANKINTER, S.A. | $7.3 billion |
| 21 | ACCIONA, S.A. | $6.7 billion |
| 22 | CORPORACIÓN ACCIONA ENERGÍAS RENOVABLES, S.A. | $6.67 billion |
| 23 | MERLIN PROPERTIES SOCIMI, S.A. | $5.88 billion |
| 24 | FLUIDRA, S.A. | $4.84 billion |
| 25 | GRUPO CATALANA OCCIDENTE, S.A. | $4.61 billion |
| 26 | FOMENTO DE CONSTRUCCIONES Y CONTRATAS, S.A. | $4.36 billion |
| 27 | LOGISTA HOLDINGS | $4.09 billion |
| 28 | GENERAL DE GALERÍAS COMERCIALES SOCIMI, S.A. | $3.89 billion |
| 29 | INMOBILIARIA COLONIAL SOCIMI, S.A. | $3.61 billion |
| 30 | ENAGÁS, S.A. | $3.5 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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