As of December 20, 2024, LVMH Moët Hennessy is the most valuable company in France, with a market cap of $325 billion. Following it are Hermès ($250 billion) and L’Oréal ($188 billion).
Which one is the most valuable in France by market cap? This list comprises the biggest companies currently in France by market cap in 2024:
France's Largest Companies by Market Cap, 2024
| RANK | COMPANY | MARKET CAPITAL (USD DOLLAR) |
|---|---|---|
| 1 | LVMH | $325 billion |
| 2 | HERMÈS INTERNATIONAL | $250 billion |
| 3 | L'ORÉAL | $188 billion |
| 4 | SCHNEIDER ELECTRIC SE | $140 billion |
| 5 | AIRBUS SE | $128 billion |
| 6 | TOTALENERGIES SE | $123 billion |
| 7 | SANOFI | $119 billion |
| 8 | ESSILORLUXOTTICA | $110 billion |
| 9 | CHRISTIAN DIOR SE | $110 billion |
| 10 | AIR LIQUIDE | $93.06 billion |
| 11 | SAFRAN | $92.18 billion |
| 12 | AXA | $74.07 billion |
| 13 | BNP PARIBAS | $67.7 billion |
| 14 | VINCI | $57.83 billion |
| 15 | E.D.F. | $51.55 billion |
| 16 | DASSAULT SYSTÈMES SE | $45.41 billion |
| 17 | SAINT-GOBAIN | $44.3 billion |
| 18 | DANONE | $43.06 billion |
| 19 | CRÉDIT AGRICOLE S.A. | $41.25 billion |
| 20 | ENGIE | $36.9 billion |
| 21 | KERING | $29.88 billion |
| 22 | THALES | $29.73 billion |
| 23 | PERNOD RICARD | $28.35 billion |
| 24 | CAPGEMINI SE | $27.84 billion |
| 25 | PUBLICIS GROUPE S.A. | $26.98 billion |
| 26 | ORANGE | $26.14 billion |
| 27 | LEGRAND | $25.49 billion |
| 28 | MICHELIN (CGDE) | $23.36 billion |
| 29 | SOCIÉTÉ GÉNÉRALE | $22.26 billion |
| 30 | STMICROELECTRONICS N.V. | $21.96 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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