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
| RANK | COMPANY | MARKET CAPTIAL (USD DOLLAR) |
|---|---|---|
| 1 | INDITEX | $162 billion |
| 2 | IBERDROLA, S.A. | $83.98 billion |
| 3 | BANCO SANTANDER, S.A. | $68.86 billion |
| 4 | BBVA | $55.84 billion |
| 5 | CAIXABANK, S.A. | $38.26 billion |
| 6 | AENA S.M.E., S.A. | $31.09 billion |
| 7 | AMADEUS IT GROUP, S.A. | $30.95 billion |
| 8 | FERROVIAL SE | $30.21 billion |
| 9 | NATURGY ENERGY GROUP, S.A. | $23.16 billion |
| 10 | TELEFÓNICA, S.A. | $23.07 billion |
| 11 | ENDESA, S.A. | $22.51 billion |
| 12 | CELLNEX TELECOM, S.A. | $22.27 billion |
| 13 | REPSOL S.A. | $13.51 billion |
| 14 | ACS, ACTIVIDADES DE CONSTRUCCIÓN Y SERVICIOS, S.A. | $12.59 billion |
| 15 | BANCO DE SABADELL, S.A. | $10.38 billion |
| 16 | PUIG BRANDS SA | $10.24 billion |
| 17 | REDEIA CORPORACION S.A. | $9.24 billion |
| 18 | MAPFRE S.A. | $7.71 billion |
| 19 | BANKINTER, S.A. | $6.9 billion |
| 20 | ACCIONA, S.A. | $6.17 billion |
| 21 | CORPORACIÓN ACCIONA ENERGÍAS RENOVABLES, S.A. | $6.13 billion |
| 22 | GRIFOLS, S.A. | $5.99 billion |
| 23 | MERLIN PROPERTIES SOCIMI, S.A. | $5.83 billion |
| 24 | CORPORACIÓN FINANCIERA ALBA, S.A. | $5.19 billion |
| 25 | FLUIDRA, S.A. | $4.75 billion |
| 26 | GRUPO CATALANA OCCIDENTE, S.A. | $4.46 billion |
| 27 | FOMENTO DE CONSTRUCCIONES Y CONTRATAS, S.A. | $4.18 billion |
| 28 | LOGISTA HOLDINGS | $4.01 billion |
| 29 | GENERAL DE GALERÍAS COMERCIALES SOCIMI, S.A. | $3.85 billion |
| 30 | INMOBILIARIA 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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