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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 11, 2024, INDITEX is the most valuable company in Spain, with a market cap of $179 billion. Following it are IBERDROLA ($86.10 billion) and BANCO SANTANDER ($74.56 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$179 billion
2IBERDROLA, S.A.$86.1 billion
3BANCO SANTANDER, S.A.$74.56 billion
4BBVA$58.08 billion
5CAIXABANK, S.A.$40.45 billion
6AMADEUS IT GROUP, S.A.$31.58 billion
7AENA S.M.E., S.A.$31.52 billion
8FERROVIAL SE$30.68 billion
9TELEFÓNICA, S.A.$25.34 billion
10CELLNEX TELECOM, S.A.$24.63 billion
11NATURGY ENERGY GROUP, S.A.$23.8 billion
12ENDESA, S.A.$23.57 billion
13REPSOL S.A.$14.14 billion
14ACS, ACTIVIDADES DE CONSTRUCCIÓN Y SERVICIOS, S.A.$12.64 billion
15PUIG BRANDS SA$11.26 billion
16BANCO DE SABADELL, S.A.$10.8 billion
17REDEIA CORPORACION S.A.$9.65 billion
18MAPFRE S.A.$7.95 billion
19BANKINTER, S.A.$7.18 billion
20CORPORACIÓN ACCIONA ENERGÍAS RENOVABLES, S.A.$6.85 billion
21ACCIONA, S.A.$6.83 billion
22MERLIN PROPERTIES SOCIMI, S.A.$6.02 billion
23GRIFOLS, S.A.$5.82 billion
24FLUIDRA, S.A.$5.08 billion
25GRUPO CATALANA OCCIDENTE, S.A.$4.64 billion
26FOMENTO DE CONSTRUCCIONES Y CONTRATAS, S.A.$4.44 billion
27LOGISTA HOLDINGS$4.09 billion
28GENERAL DE GALERÍAS COMERCIALES SOCIMI, S.A.$3.88 billion
29UNICAJA BANCO, S.A.$3.5 billion
30ENAGÁS, S.A.$3.45 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.