As of March 5, 2024, WAL-MART DE MÉXICO is the most valuable company in Mexico, with a market cap of $69.22 billion. Following it are AMÉRICA MÓVI ($58.22 billion) and FOMENTO ECONÓMICO MEXICANO ($40.54 billion). Mexico’s top five most valuable companies include some of the world’s most renowned brands: GRUPO MÉXICO (No. 4, $38.03 billion) and GRUPO FINANCIERO BANORTE (No. 5, $29.97 billion).
Overall, among Mexico’s largest companies by market capitalization, the sixth, seventh, eighth, and ninth positions are held by GRUPO CARSO, GRUPO FINANCIERO INBURSA, GRUPO BIMBO, and ARCA CONTINENTAL.
Which one is the most valuable in Mexico by market cap?
This list comprises the biggest companies currently in Mexico by market cap in 2024:
Mexico’s Largest Companies by market capitalization, 2024
| Rank | Company | Market Cap (US$) | CEO |
|---|---|---|---|
| 1 | WAL-MART DE MÉXICO, S.A.B. DE C.V. | $69.22billion | Guilherme Loureiro |
| 2 | AMÉRICA MÓVIL, S.A.B. DE C.V. | $58.22billion | Daniel Hajj Aboumrad |
| 3 | FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V. | $40.54billion | José Antonio Fernández |
| 4 | GRUPO MÉXICO, S.A.B. DE C.V. | $38.03billion | German Larrea Mota Velasco |
| 5 | GRUPO FINANCIERO BANORTE, S.A.B. DE C.V. | $29.97billion | José Marcos Ramírez Miguel |
| 6 | GRUPO CARSO, S.A.B. DE C.V. | $19.43billion | Carlos Slim Domit |
| 7 | GRUPO FINANCIERO INBURSA, S.A.B. DE C.V. | $18.73billion | Javier Foncerrada Izquierdo |
| 8 | GRUPO BIMBO, S.A.B. DE C.V. | $18.5billion | Daniel Servitje |
| 9 | ARCA CONTINENTAL, S.A.B. DE C.V. | $18.45billion | Arturo Gutiérrez Hernández |
| 10 | GRUPO ELEKTRA, S.A.B. DE C.V. | $15.53billion | Ricardo Benjamín Salinas Pliego |
| 11 | COCA-COLA FEMSA SAB DE CV | $12.72billion | DANIEL ALBERTO RODRÍGUEZ COFRÉ |
| 12 | CEMEX, S.A.B. DE C.V. | $11.41billion | Fernando A. Gonzalez |
| 13 | EL PUERTO DE LIVERPOOL, S.A.B. DE C.V. | $9.87billion | Graciano F. Guichard G |
| 14 | GMÉXICO TRANSPORTES, S.A.B. DE C.V. | $9.78billion | German Larrea Mota Velasco |
| 15 | GRUPO AEROPORTUARIO DEL SURESTE, S. A. B. DE C. V. | $8.62billion | Adolfo Castro Rivas |
| 16 | BECLE, S.A.B. DE C.V. | $8.38billion | Juan Domingo Beckmann Legorreta |
| 17 | GRUPO COMERCIAL CHEDRAUI, S.A.B. DE C.V. | $7.48billion | Antonio Chedraui Eguia |
| 18 | GRUPO AEROPORTUARIO DEL PACÍFICO, S.A.B. DE C.V. | $7.46billion | Fernando Bosque Mohíno |
| 19 | FIBRA UNO | $6.91billion | André El-Mann Arazi |
| 20 | KIMBERLY-CLARK DE MÉXICO, S. A. B. DE C. V. | $6.56billion | Pablo González Guajardo |
| 21 | IMPULSORA DEL DESARROLLO Y EL EMPLEO EN AMÉRICA LATINA, S.A.B. DE C.V. | $6.55billion | Alejandro Aboumrad González |
| 22 | GRUMA, S.A.B. DE C.V. | $6.52billion | Juan Antonio Gonzalez Moreno |
| 23 | FIDEICOMISO OPSIMEX | $5.17billion | Juan Rodriguez Torres |
| 24 | FIBRA PROLOGIS | $5.13billion | Luis Gutiérrez |
| 25 | INDUSTRIAS PEÑOLES, S.A.B. DE C.V. | $5.08billion | Rafael Rebollar Gonzalez |
| 26 | ALSEA, S.A.B. DE C.V. | $3.18billion | Federico Tejado Bárcena |
| 27 | REGIONAL S.A.B. DE C.V. | $3.12billion | Manuel Rivero Zambrano |
| 28 | CORPORACIÓN INMOBILIARIA VESTA, S.A.B. DE C.V. | $3.06billion | Lorenzo Dominique Berho Carranz |
| 29 | GRUPO LAMOSA, S.A.B. DE C.V. | $2.64billion | Federico Toussaint Elos?a |
| 30 | LA COMER, S.A.B. DE C.V. | $2.54billion | Santiago García García |
| 31 | GENTERA, S.A.B. DE C.V. | $2.36billion | Enrique Majos Ramírez |
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