Sunday, May 19, 2024
CEOWORLD magazine - Latest - Banking and Finance - Sweden’s Largest Companies by market capitalization, 2024

Banking and Finance

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

1ATLAS COPCO AB $83.7 billionMats Rahmström
2INVESTOR AB$78.56 billionChristian Cederholm
3AB VOLVO$59.52 billionMartin Lundstedt
4NORDEA BANK ABP$43.96 billionFrank Vang-Jensen
5EQT AB$38.54 billionChristian Sinding
6ASSA ABLOY AB$32.92 billionNico Delvaux
7HEXAGON AB$32.58 billionPaolo Guglielmini
8ENSKILDA BANKEN$31.54 billionJohan Torgeby
9SANDVIK AB$29.11 billionStefan Widing
10EVOLUTION AB$27.2 billionMartin Carlesund
11SWEDBANK AB$25.46 billionJens Henriksson
12SVENSKA HANDELSBANKEN AB$23.95 billionMichael Green
13EPIROC AB$22.55 billionHelena Hedblom
14HENNES & MAURITZ AB$22.16 billionDaniel Ervér
15ERICSSON$18.59 billionBörje Ekholm
16ESSITY AB$17.1 billionMagnus Groth
17SWEDISH MATCH$16.91 billionLars Dahlgren
18INVESTMENT AB LATOUR$16.75 billionJohan Hjertonsson
19ALFA LAVAL AB$16.35 billionTom Erixon
20AB INDUSTRIVÄRDEN$15.25 billionHelena Stjernholm
21L E LUNDBERGFÖRETAGEN AB$13.77 billionJohan Ladenberg
22LIFCO AB$12.39 billionPer Waldemarson
23ICA GRUPPEN$11.82 billionNina Jönsson
24NIBE INDUSTRIER AB$11.61 billionGerteric Lindquist
26HOLMEN AB$6.49 billionHenrik Sjolund
27AXFOOD AB$6.21 billionKlas Balkow
28ADDTECH AB$6.18 billionNiklas Stenberg
29SECURITAS AB$6.13 billionMagnus Ahlqvist
30TELE2 AB$5.87 billionKjell-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).

Have you read?
These US cities have households earning more than $90,000.
The 30 Best Real Estate Markets in America for 2024.
These Are the Weapons the US Sold to Taiwan.
These Are The Cheapest Places To Buy a Home in Every State, 2024.
Hollywood A-Listers Unforeseen Box Office Flops.

Add CEOWORLD magazine to your Google News feed.
Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.

This report/news/ranking/statistics has been prepared only for general guidance on matters of interest and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, CEOWORLD magazine does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.

Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine' prior written consent. For media queries, please contact:
CEOWORLD magazine - Latest - Banking and Finance - Sweden’s Largest Companies by market capitalization, 2024
Christina Miller
Associate News Editor at CEOWORLD Magazine. I lead the reporting team that covers US financial services and I write a business column for the opinion section. I write news pieces about the US and European market for start-ups and interview CEOs for our interview slot. I also presented one of the CEOWORLD magazine's early podcast hits, Money Stories, in which I persuadeded notable CEOs to share insights into the breaking news, moments of crisis and key decisions that enabled them to build successful international companies.