Top 550 Companies in Germany by Market Cap in 2023

This is the list of the 550 largest public listed companies in Germany by market capitalization. The rankings and Market Cap data of these companies are updated regularly.

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Top Companies from Germany as of Jan. 01, 2023

Ranking Company Market Cap (USD) Stock Country Sector Industry
1 SAP SE $121.03 B SAP Germany Technology Software—Application
2 Siemens AG $110.13 B SIE Germany Industrials Specialty Industrial Machinery
3 Deutsche Telekom AG $101.78 B DTE Germany Communication Services Telecom Services
4 Allianz SE $88.44 B ALV Germany Financials Insurance—Diversified
5 MERCK Kommanditgesellschaft auf Aktien $87.64 B MRK Germany Healthcare Drug Manufacturers—Specialty & Generic
6 Mercedes-Benz Group AG $75.72 B MBG Germany Consumer Discretionary Auto Manufacturers
7 Volkswagen AG $75.05 B VOW3 Germany Consumer Discretionary Auto Manufacturers
8 Bayerische Motoren Werke AG $60.24 B BMWB Germany Consumer Discretionary Auto Manufacturers
9 Siemens Healthineers AG $55.11 B SHL Germany Healthcare Diagnostics & Research
10 Bayer AG $51.63 B BAYN Germany Healthcare Drug Manufacturers—General
11 BASF SE $48.10 B BAS Germany Basic Materials Chemicals
12 Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München $47.66 B MUV2 Germany Financials Insurance—Reinsurance
13 Deutsche Post AG $45.40 B DPWA Germany Industrials Integrated Freight & Logistics
14 BioNTech SE $42.26 B 22UA Germany Healthcare Biotechnology
15 Infineon Technologies AG $41.33 B IFXA Germany Technology Semiconductors
16 Hapag-Lloyd AG $34.75 B HLAG Germany Industrials Marine Shipping
17 Deutsche Börse AG $31.43 B DB1 Germany Financials Financial Data & Stock Exchanges
18 RWE AG $29.97 B RWE Germany Utilities Utilities—Diversified
19 Henkel AG & Co KGaA $29.32 B HEN Germany Consumer Staples Household & Personal Products
20 E.ON SE $27.70 B EOAA Germany Utilities Utilities—Diversified
21 Beiersdorf AG $25.99 B BEI Germany Consumer Staples Household & Personal Products
22 adidas AG $25.77 B ADS1 Germany Consumer Discretionary Footwear & Accessories
23 EnBW Energie Baden-Wuerttemberg AG $25.70 B EBK Germany Utilities Utilities—Diversified
24 Sartorius AG $25.20 B SRT Germany Healthcare Medical Instruments & Supplies
25 Deutsche Bank AG $24.97 B DBK Germany Financials Banks
26 Hannover Rück SE $24.29 B HNRB Germany Financials Insurance—Reinsurance
27 Vonovia SE $20.35 B VNA Germany Real Estate Real Estate Services
28 Fresenius SE & Co KGaA $16.96 B FRE Germany Healthcare Medical Care Facilities
29 Porsche Automobil Holding SE $16.65 B PAHA Germany Consumer Discretionary Auto Manufacturers
30 Symrise AG $15.38 B SY1 Germany Basic Materials Specialty Chemicals
31 Siemens Energy AG $13.70 B ENR Germany Utilities Utilities—Independent Power Producers
32 Continental AG $13.27 B CON Germany Consumer Discretionary Auto Parts
33 Delivery Hero SE $13.11 B DHER Germany Consumer Discretionary Internet Retail
34 Commerzbank AG $12.54 B CBK Germany Financials Banks
35 Talanx AG $12.25 B TLX Germany Financials Insurance—Diversified
36 MTU Aero Engines AG $12.24 B MTX Germany Industrials Aerospace & Defense
37 HeidelbergCement AG $11.91 B HEI Germany Basic Materials Building Materials
38 Carl Zeiss Meditec AG $11.41 B AFX Germany Healthcare Medical Instruments & Supplies
39 Deutsche Lufthansa AG $10.57 B LHAB Germany Industrials Airlines
40 Brenntag AG $10.54 B BNR Germany Basic Materials Specialty Chemicals
41 Zalando SE $10.41 B ZAL1 Germany Consumer Discretionary Internet Retail
42 Fresenius Medical Care AG & Co. KGaA $10.06 B FME Germany Healthcare Medical Care Facilities
43 Evonik Industries AG $9.80 B EVK Germany Basic Materials Specialty Chemicals
44 Puma SE $9.74 B PUM Germany Consumer Discretionary Footwear & Accessories
45 Knorr-Bremse AG $9.55 B KBX Germany Consumer Discretionary Auto Parts
46 Rheinmetall AG $9.49 B RHM Germany Industrials Industrial Distribution
47 Hella GmbH & Co KGaA $9.49 B HLE Germany Consumer Discretionary Auto Parts
48 Deutsche Wohnen SE $8.79 B DWNI Germany Real Estate Real Estate—Development
49 Covestro AG $8.40 B 1CO1 Germany Basic Materials Specialty Chemicals
50 Telefonica Deutschland Holding AG $7.86 B O2D Germany Communication Services Telecom Services

Top Companies from Germany as of Jan. 01, 2023

9. Siemens Healthineers AG

Market Cap (USD): $55.11 B

Stock: SHL

Country: Germany

Sector: Healthcare

Industry: Diagnostics & Research

business Siemens Healthineers AG Company Profile

11. BASF SE

Market Cap (USD): $48.10 B

Stock: BAS

Country: Germany

Sector: Basic Materials

Industry: Chemicals

business BASF SE Company Profile

14. BioNTech SE

Market Cap (USD): $42.26 B

Stock: 22UA

Country: Germany

Sector: Healthcare

Industry: Biotechnology

business BioNTech SE Company Profile

15. Infineon Technologies AG

Market Cap (USD): $41.33 B

Stock: IFXA

Country: Germany

Sector: Technology

Industry: Semiconductors

business Infineon Technologies AG Company Profile

16. Hapag-Lloyd AG

Market Cap (USD): $34.75 B

Stock: HLAG

Country: Germany

Sector: Industrials

Industry: Marine Shipping

business Hapag-Lloyd AG Company Profile

23. EnBW Energie Baden-Wuerttemberg AG

Market Cap (USD): $25.70 B

Stock: EBK

Country: Germany

Sector: Utilities

Industry: Utilities—Diversified

business EnBW Energie Baden-Wuerttemberg AG Company Profile

25. Deutsche Bank AG

Market Cap (USD): $24.97 B

Stock: DBK

Country: Germany

Sector: Financials

Industry: Banks

business Deutsche Bank AG Company Profile

28. Fresenius SE & Co KGaA

Market Cap (USD): $16.96 B

Stock: FRE

Country: Germany

Sector: Healthcare

Industry: Medical Care Facilities

business Fresenius SE & Co KGaA Company Profile

34. Commerzbank AG

Market Cap (USD): $12.54 B

Stock: CBK

Country: Germany

Sector: Financials

Industry: Banks

business Commerzbank AG Company Profile

36. MTU Aero Engines AG

Market Cap (USD): $12.24 B

Stock: MTX

Country: Germany

Sector: Industrials

Industry: Aerospace & Defense

business MTU Aero Engines AG Company Profile

39. Deutsche Lufthansa AG

Market Cap (USD): $10.57 B

Stock: LHAB

Country: Germany

Sector: Industrials

Industry: Airlines

business Deutsche Lufthansa AG Company Profile

42. Fresenius Medical Care AG & Co. KGaA

Market Cap (USD): $10.06 B

Stock: FME

Country: Germany

Sector: Healthcare

Industry: Medical Care Facilities

business Fresenius Medical Care AG & Co. KGaA Company Profile

43. Evonik Industries AG

Market Cap (USD): $9.80 B

Stock: EVK

Country: Germany

Sector: Basic Materials

Industry: Specialty Chemicals

business Evonik Industries AG Company Profile

47. Hella GmbH & Co KGaA

Market Cap (USD): $9.49 B

Stock: HLE

Country: Germany

Sector: Consumer Discretionary

Industry: Auto Parts

business Hella GmbH & Co KGaA Company Profile

50. Telefonica Deutschland Holding AG

Market Cap (USD): $7.86 B

Stock: O2D

Country: Germany

Sector: Communication Services

Industry: Telecom Services

business Telefonica Deutschland Holding AG Company Profile