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CEOWORLD magazine - Latest - Special Reports - Europe’s Largest Companies by market capitalization, 2024

Special Reports

Europe’s Largest Companies by market capitalization, 2024

Paris Stock Exchange (Euronext)

As of July 12, 2024, Novo Nordisk is the most valuable company in Europe, with a market cap of $625 billion. Following it are ASML Holding NV ($423 billion) and LVMH ($384 billion).

Which one is the most valuable in Europe by market cap? This list comprises the biggest companies currently in Europe by market cap in 2024:

Europe's Largest Companies by market capitalization, 2024

1NOVO NORDISK A/S$625 billion
2ASML HOLDING N.V.$423 billion
3LVMH$384 billion
4NESTLÉ S.A.$275 billion
5ASTRAZENECA PLC$242 billion
7L'ORÉAL$236 billion
8SAP SE$235 billion
9SHELL PLC$231 billion
10ROCHE HOLDING AG$228 billion
11NOVARTIS AG$227 billion
12TOTALENERGIES SE$158 billion
13HSBC HOLDINGS PLC$158 billion
14INDITEX$157 billion
15SIEMENS AG$152 billion
16UNILEVER PLC$142 billion
18CHRISTIAN DIOR SE$131 billion
20SANOFI$127 billion
22RIO TINTO PLC$115 billion
23AIRBUS SE$113 billion
24ALLIANZ SE$111 billion
25ABB LTD$105 billion
26BNP PARIBAS$76.18 billion
27GLENCORE PLC$75.16 billion
28BANCO SANTANDER, S.A.$75.15 billion
29ENEL S.P.A.$74.96 billion
30EQUINOR ASA$74.41 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 - Special Reports - Europe’s Largest Companies by market capitalization, 2024
Despina Wilson
I am a senior editor and data journalist at CEOWORLD magazine. My job involves using infographics to report on news topics related to business and policy, with a global perspective. I hold a master's degree in journalism and have worked for newspapers and reporting projects in both the US and the UK, giving me a unique transatlantic perspective. I believe that data can enhance coverage of all news topics. As a contributor, I plan cover a wide range of issues, such as gender equality, climate change, labor, and immigration, using relevant statistics and insightful visualizations.