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Home » Latest » Market Explainers » Mexico’s Largest Companies by market capitalization, 2024

Market Explainers

Mexico’s Largest Companies by market capitalization, 2024

Stock market

As of February 10, 2025, WAL-MART DE MÉXICO is the most valuable company in Mexico, with a market cap of $46.91 billion. Following it are AMÉRICA MÓVIL ($44.5 billion) and GRUPO MÉXICO, S.A.B. DE C.V. ($40.06 billion).

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

Mexico’s Largest Companies by market capitalization, 2024

RankCompanyMarket Cap (US$)
1WAL-MART DE MÉXICO, S.A.B. DE C.V.$46.91 billion
2AMÉRICA MÓVIL, S.A.B. DE C.V.$44.5 billion
3GRUPO MÉXICO, S.A.B. DE C.V.$40.06 billion
4FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V.$28.88 billion
5GRUPO FINANCIERO BANORTE, S.A.B. DE C.V.$20.06 billion
6ARCA CONTINENTAL, S.A.B. DE C.V.$16.55 billion
7GRUPO FINANCIERO INBURSA, S.A.B. DE C.V.$13.07 billion
8GRUPO CARSO, S.A.B. DE C.V.$12.75 billion
9COCA-COLA FEMSA SAB DE CV$12.72 billion
10GRUPO BIMBO, S.A.B. DE C.V.$11.35 billion
11CEMEX, S.A.B. DE C.V.$9.71 billion
12GRUPO AEROPORTUARIO DEL PACÍFICO, S.A.B. DE C.V.$9.48 billion
13GRUPO AEROPORTUARIO DEL SURESTE, S. A. B. DE C. V.$8.13 billion
14ALEATICA, S.A.B. DE C.V.$7.87 billion
15EL PUERTO DE LIVERPOOL, S.A.B. DE C.V.$6.84 billion
16GMÉXICO TRANSPORTES, S.A.B. DE C.V.$6.73 billion
17INDUSTRIAS PEÑOLES, S.A.B. DE C.V.$6.22 billion
18GRUMA, S.A.B. DE C.V.$6.07 billion
19GRUPO COMERCIAL CHEDRAUI, S.A.B. DE C.V.$5.71 billion
20IMPULSORA DEL DESARROLLO Y EL EMPLEO EN AMÉRICA LATINA, S.A.B. DE C.V.$5.37 billion
21VISTA ENERGY, S.A.B. DE C.V.$5.01 billion
22FIBRA PROLOGIS$4.96 billion
23ALFA S.A.B. DE C.V.$4.63 billion
24KIMBERLY-CLARK DE MÉXICO, S. A. B. DE C. V.$4.43 billion
25FIBRA UNO$4.1 billion
26PROMOTORA Y OPERADORA DE INFRAESTRUCTURA, S. A. B. DE C. V.$4.01 billion
27GRUPO AEROPORTUARIO DEL CENTRO NORTE, S.A.B. DE C.V.$3.74 billion
28GRUPO ELEKTRA, S.A.B. DE C.V.$3.63 billion
29QUÁLITAS CONTROLADORA, S.A.B. DE C.V.$3.59 billion
30FIDEICOMISO IRREVOCABLE NO. F/3277 EN BANCO INVEX, S. A. INSTITUCIÓN DE BANCA MÚLTIPLE, INVEX GRUPO$3.4 billion

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Frank Brown, D.Litt.
Frank Brown, D.Litt. in Public Affairs and Media Strategy, is the Global Managing Editor at CEOWORLD Magazine, where he crafts and oversees editorial strategies focused on financial leadership, brand reputation, and global market insights. Originally from Madrid, Frank brings over a decade of experience in business journalism and strategic communication.

Before CEOWORLD, he worked as a financial correspondent in Europe and Latin America, later transitioning into public affairs consulting for Fortune 500 companies. Frank is known for his ability to distill complex financial concepts into accessible, high-impact stories that inform decision-makers and shape executive narratives. His work at CEOWORLD includes deep-dive market analyses, CEO interviews, and features on evolving investor relations strategies. He leads a multilingual editorial team and contributes to content in both English and Spanish.

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