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