Largest 552 German Companies in 2023

Ranking	Company	Market Cap (USD)	Stock	Country	Sector	Industry
1	SAP SE	$161.41 B	SAP	Germany	Technology	Software—Application
2	Siemens AG	$131.00 B	SIE	Germany	Industrials	Specialty Industrial Machinery
3	Deutsche Telekom AG	$106.00 B	DTE	Germany	Communication Services	Telecom Services
4	Allianz SE	$91.36 B	ALV	Germany	Financials	Insurance—Diversified
5	Mercedes-Benz Group AG	$84.94 B	MBG	Germany	Consumer Discretionary	Auto Manufacturers
6	Volkswagen AG	$77.55 B	VOW	Germany	Consumer Discretionary	Auto Manufacturers
7	Bayerische Motoren Werke AG	$77.25 B	BMWB	Germany	Consumer Discretionary	Auto Manufacturers
8	MERCK Kommanditgesellschaft auf Aktien	$70.69 B	MRK	Germany	Healthcare	Drug Manufacturers—Specialty & Generic
9	Siemens Healthineers AG	$62.71 B	SHL	Germany	Healthcare	Diagnostics & Research
10	Deutsche Post AG	$57.95 B	DHL	Germany	Industrials	Integrated Freight & Logistics
11	Bayer AG	$53.38 B	BAYN	Germany	Healthcare	Drug Manufacturers—General
12	Rational AG	$50.80 B	RAA	Germany	Industrials	Industrial Distribution
13	Infineon Technologies AG	$50.42 B	IFXA	Germany	Technology	Semiconductors
14	Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München	$49.87 B	MUV2	Germany	Financials	Insurance—Reinsurance
15	Dr. Ing. h.c. F. Porsche AG	$47.33 B	P911	Germany	Consumer Discretionary	Auto Manufacturers
16	Uniper SE	$46.21 B	UN01	Germany	Utilities	Utilities—Independent Power Producers
17	BASF SE	$44.37 B	BAS	Germany	Basic Materials	Chemicals
18	Hapag-Lloyd AG	$41.29 B	HLAG	Germany	Industrials	Marine Shipping
19	adidas AG	$33.41 B	ADS1	Germany	Consumer Discretionary	Footwear & Accessories
20	E.ON SE	$32.95 B	EOAA	Germany	Utilities	Utilities—Diversified
21	RWE AG	$32.35 B	RWE	Germany	Utilities	Utilities—Diversified
22	Deutsche Börse AG	$32.32 B	DB1	Germany	Financials	Financial Data & Stock Exchanges
23	Henkel AG & Co KGaA	$30.65 B	HEN	Germany	Consumer Staples	Household & Personal Products
24	Beiersdorf AG	$28.61 B	BEI	Germany	Consumer Staples	Household & Personal Products
25	BioNTech SE	$25.92 B	22UA	Germany	Healthcare	Biotechnology
26	EnBW Energie Baden-Wuerttemberg AG	$25.78 B	EBK	Germany	Utilities	Utilities—Diversified
27	Daimler Truck Holding AG	$25.43 B	DTG	Germany	Industrials	Farm & Heavy Construction Machinery
28	Hannover Rück SE	$24.66 B	HNRB	Germany	Financials	Insurance—Reinsurance
29	Sartorius AG	$21.43 B	SRT	Germany	Healthcare	Medical Instruments & Supplies
30	Deutsche Bank AG	$21.13 B	DBK	Germany	Financials	Banks—Regional
31	Porsche Automobil Holding SE	$17.87 B	PAH3	Germany	Consumer Discretionary	Auto Manufacturers
32	Fresenius SE & Co KGaA	$15.90 B	FRE	Germany	Healthcare	Medical Care Facilities
33	Vonovia SE	$15.69 B	VNA	Germany	Real Estate	Real Estate Services
34	Continental AG	$15.16 B	CON	Germany	Consumer Discretionary	Auto Parts
35	Commerzbank AG	$14.96 B	CBK	Germany	Financials	Banks—Regional
36	Symrise AG	$14.81 B	SY1	Germany	Basic Materials	Specialty Chemicals
37	Fresenius Medical Care AG & Co. KGaA	$14.74 B	FME	Germany	Healthcare	Medical Care Facilities
38	Heidelberg Materials AG	$14.65 B	HEI	Germany	Basic Materials	Building Materials
39	Talanx AG	$14.40 B	TLX	Germany	Financials	Insurance—Diversified
40	Siemens Energy AG	$13.82 B	ENR	Germany	Utilities	Utilities—Independent Power Producers
41	MTU Aero Engines AG	$13.21 B	MTX	Germany	Industrials	Aerospace & Defense
42	Rheinmetall AG	$11.96 B	RHM	Germany	Industrials	Industrial Distribution
43	Brenntag AG	$11.76 B	BNR	Germany	Basic Materials	Specialty Chemicals
44	Deutsche Lufthansa AG	$11.54 B	LHAB	Germany	Industrials	Airlines
45	Knorr-Bremse AG	$11.49 B	KBX	Germany	Consumer Discretionary	Auto Parts
46	Delivery Hero SE	$11.28 B	DHER	Germany	Consumer Discretionary	Internet Retail
47	Traton SE	$10.23 B	8TRA	Germany	Industrials	Farm & Heavy Construction Machinery
48	Covestro AG	$9.87 B	1CO1	Germany	Basic Materials	Specialty Chemicals
49	Carl Zeiss Meditec AG	$9.78 B	AFX	Germany	Healthcare	Medical Instruments & Supplies
50	Evonik Industries AG	$9.54 B	EVK	Germany	Basic Materials	Specialty Chemicals