Largest DAX Companies by Market Capitalization in 2023

Ranking	Company	Stock Symbol	Market Cap (USD)	Country	Sector	Industry
1	SAP SE	SAP	$161.41 B	Germany	Technology	Software—Application
2	Siemens AG	SIE	$131.00 B	Germany	Industrials	Specialty Industrial Machinery
3	Airbus SE	AIR	$113.90 B	Netherlands	Industrials	Aerospace & Defense
4	Deutsche Telekom AG	DTE	$106.00 B	Germany	Communication Services	Telecom Services
5	Allianz SE	ALV	$91.36 B	Germany	Financials	Insurance—Diversified
6	Mercedes-Benz Group AG	MBG	$84.94 B	Germany	Consumer Discretionary	Auto Manufacturers
7	Volkswagen AG	VOW	$77.55 B	Germany	Consumer Discretionary	Auto Manufacturers
8	Bayerische Motoren Werke AG	BMW	$77.25 B	Germany	Consumer Discretionary	Auto Manufacturers
9	MERCK Kommanditgesellschaft auf Aktien	MRK	$70.69 B	Germany	Healthcare	Drug Manufacturers—Specialty & Generic
10	Siemens Healthineers AG	SHL	$62.71 B	Germany	Healthcare	Diagnostics & Research
11	Deutsche Post AG	DHL	$57.95 B	Germany	Industrials	Integrated Freight & Logistics
12	Bayer AG	BAYN	$53.38 B	Germany	Healthcare	Drug Manufacturers—General
13	Infineon Technologies AG	IFX	$50.42 B	Germany	Technology	Semiconductors
14	Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München	MUV2	$49.87 B	Germany	Financials	Insurance—Reinsurance
15	Dr. Ing. h.c. F. Porsche AG	P911	$47.33 B	Germany	Consumer Discretionary	Auto Manufacturers
16	BASF SE	BAS	$44.37 B	Germany	Basic Materials	Chemicals
17	adidas AG	ADS	$33.41 B	Germany	Consumer Discretionary	Footwear & Accessories
18	E.ON SE	EOAN	$32.95 B	Germany	Utilities	Utilities—Diversified
19	RWE AG	RWE	$32.35 B	Germany	Utilities	Utilities—Diversified
20	Deutsche Börse AG	DB1	$32.32 B	Germany	Financials	Financial Data & Stock Exchanges
21	Henkel AG & Co KGaA	HEN	$30.65 B	Germany	Consumer Staples	Household & Personal Products
22	Beiersdorf AG	BEI	$28.61 B	Germany	Consumer Staples	Household & Personal Products
23	Daimler Truck Holding AG	DTG	$25.43 B	Germany	Industrials	Farm & Heavy Construction Machinery
24	Hannover Rück SE	HNRB	$24.66 B	Germany	Financials	Insurance—Reinsurance
25	Sartorius AG	SRT3	$21.43 B	Germany	Healthcare	Medical Instruments & Supplies
26	Deutsche Bank AG	DBK	$21.13 B	Germany	Financials	Banks—Regional
27	Porsche Automobil Holding SE	PAH3	$17.87 B	Germany	Consumer Discretionary	Auto Manufacturers
28	Fresenius SE & Co KGaA	FRE	$15.90 B	Germany	Healthcare	Medical Care Facilities
29	Vonovia SE	VNA	$15.69 B	Germany	Real Estate	Real Estate Services
30	Continental AG	CON	$15.16 B	Germany	Consumer Discretionary	Auto Parts
31	Commerzbank AG	CBK	$14.96 B	Germany	Financials	Banks—Regional
32	Symrise AG	SY1	$14.81 B	Germany	Basic Materials	Specialty Chemicals
33	Heidelberg Materials AG	HEI	$14.65 B	Germany	Basic Materials	Building Materials
34	Siemens Energy AG	ENR	$13.82 B	Germany	Utilities	Utilities—Independent Power Producers
35	MTU Aero Engines AG	MTX	$13.21 B	Germany	Industrials	Aerospace & Defense
36	Rheinmetall AG	RHM	$11.96 B	Germany	Industrials	Industrial Distribution
37	Brenntag AG	BNR	$11.76 B	Germany	Basic Materials	Specialty Chemicals
38	Qiagen N.V.	QIA	$10.49 B	Netherlands	Healthcare	Diagnostics & Research
39	Covestro AG	1COV	$9.87 B	Germany	Basic Materials	Specialty Chemicals
40	Zalando SE	ZAL	$6.92 B	Germany	Consumer Discretionary	Internet Retail