As of December 31, 2024, SAP SE is the most valuable company in Germany, with a market cap of $285 billion. Following it are Siemens AG ($154 billion) and Deutsche Telekom ($147 billion).
Which one is the most valuable in Germany by market cap? This list comprises the biggest companies currently in Germany by market cap in 2024:
Germany's Largest Companies by market capitalization, 2024
| RANK | COMPANY | MARKET CAPITAL (USD DOLLAR) |
|---|---|---|
| 1 | SAP SE | $285 billion |
| 2 | SIEMENS AG | $154 billion |
| 3 | DEUTSCHE TELEKOM AG | $147 billion |
| 4 | ALLIANZ SE | $118 billion |
| 5 | MUNICH RE | $66.64 billion |
| 6 | MERCK KGAA | $63.11 billion |
| 7 | SIEMENS HEALTHINEERS AG | $59.46 billion |
| 8 | PORSCHE AG | $55.22 billion |
| 9 | MERCEDES-BENZ GROUP AG | $53.1 billion |
| 10 | BMW AG | $51.05 billion |
| 11 | VOLKSWAGEN AG | $47.26 billion |
| 12 | ADIDAS AG | $43.87 billion |
| 13 | INFINEON TECHNOLOGIES AG | $42.33 billion |
| 14 | DEUTSCHE BÖRSE AG | $42.32 billion |
| 15 | SIEMENS ENERGY AG | $41.31 billion |
| 16 | DHL GROUP | $40.8 billion |
| 17 | BASF SE | $39.32 billion |
| 18 | HENKEL AG & CO. KGAA | $34.11 billion |
| 19 | DEUTSCHE BANK AG | $33.56 billion |
| 20 | EON SE | $30.47 billion |
| 21 | HANNOVER RE | $30.21 billion |
| 22 | DAIMLER TRUCK HOLDING AG | $30.06 billion |
| 23 | BEIERSDORF | $28.85 billion |
| 24 | HAPAG-LLOYD AG | $27.97 billion |
| 25 | RHEINMETALL AG | $27.69 billion |
| 26 | VONOVIA SE | $25.03 billion |
| 27 | RWE AG | $22.23 billion |
| 28 | HEIDELBERG MATERIALS AG | $22.09 billion |
| 29 | TALANX AG | $21.98 billion |
| 30 | VANTAGE TOWERS AG | $19.81 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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