Sweden’s Largest Companies by market capitalization, 2024
As of March 10, 2024, ATLAS COPCO is the most valuable company in Sweden, with a market cap of $83.7 billion. Following it are INVESTOR AB ($78.56 billion) and AB VOLVO ($59.52 billion). Sweden’s top five most valuable companies include some of the world’s most renowned brands: NORDEA BANK (No. 4, $43.96 billion) and EQT AB (No. 5, $38.54 billion). Overall, among Sweden’s top 10 largest companies by market capitalization, the sixth, seventh, eighth, ninth, and tenth positions are held by ASSA ABLOY, HEXAGON, ENSKILDA BANKEN, SANDVIK AB, and EVOLUTION AB.
Which one is the most valuable in Sweden by market cap? This list comprises the biggest companies currently in Sweden by market cap in 2024:
Sweden's Largest Companies by market capitalization, 2024
RANK | COMPANY | MARKET CAPTIAL (USD DOLLAR) | CEO |
---|---|---|---|
1 | ATLAS COPCO AB | $83.7 billion | Mats Rahmström |
2 | INVESTOR AB | $78.56 billion | Christian Cederholm |
3 | AB VOLVO | $59.52 billion | Martin Lundstedt |
4 | NORDEA BANK ABP | $43.96 billion | Frank Vang-Jensen |
5 | EQT AB | $38.54 billion | Christian Sinding |
6 | ASSA ABLOY AB | $32.92 billion | Nico Delvaux |
7 | HEXAGON AB | $32.58 billion | Paolo Guglielmini |
8 | ENSKILDA BANKEN | $31.54 billion | Johan Torgeby |
9 | SANDVIK AB | $29.11 billion | Stefan Widing |
10 | EVOLUTION AB | $27.2 billion | Martin Carlesund |
11 | SWEDBANK AB | $25.46 billion | Jens Henriksson |
12 | SVENSKA HANDELSBANKEN AB | $23.95 billion | Michael Green |
13 | EPIROC AB | $22.55 billion | Helena Hedblom |
14 | HENNES & MAURITZ AB | $22.16 billion | Daniel Ervér |
15 | ERICSSON | $18.59 billion | Börje Ekholm |
16 | ESSITY AB | $17.1 billion | Magnus Groth |
17 | SWEDISH MATCH | $16.91 billion | Lars Dahlgren |
18 | INVESTMENT AB LATOUR | $16.75 billion | Johan Hjertonsson |
19 | ALFA LAVAL AB | $16.35 billion | Tom Erixon |
20 | AB INDUSTRIVÄRDEN | $15.25 billion | Helena Stjernholm |
21 | L E LUNDBERGFÖRETAGEN AB | $13.77 billion | Johan Ladenberg |
22 | LIFCO AB | $12.39 billion | Per Waldemarson |
23 | ICA GRUPPEN | $11.82 billion | Nina Jönsson |
24 | NIBE INDUSTRIER AB | $11.61 billion | Gerteric Lindquist |
25 | AKELIUS RESIDENTIAL PROPERTY AB | $10.86 billion | Ralf Spann |
26 | HOLMEN AB | $6.49 billion | Henrik Sjolund |
27 | AXFOOD AB | $6.21 billion | Klas Balkow |
28 | ADDTECH AB | $6.18 billion | Niklas Stenberg |
29 | SECURITAS AB | $6.13 billion | Magnus Ahlqvist |
30 | TELE2 AB | $5.87 billion | Kjell-Morten Johnsen |
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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