Investlytic Rankings

Ranking of the largest German companies

Largest listed companies whose headquarters are in Germany (350 companies ranked), by market capitalization, with their revenue and net income for the 2025 fiscal year.

Share prices and capitalizations at 2026-10-29·Reference fiscal year 2025·Calculated on 2026-11-01· 350 companies ranked
Metric : market capitalization at the date of the indicated prices; revenue and net income for fiscal year 2025 (published annual accounts). Scope : companies whose headquarters country is Germany and whose 2025 accounts are published. Currency : Amounts converted into US dollars at the exchange rate of the day of calculation; the amount in the currency of the accounts is repeated under each value. Only companies whose data is published are ranked: a missing value excludes the company, it is never replaced by zero or estimated.
#EnterpriseMarketSector Market cap (USD)Turnover 2025Net income 2025
1SAP SESAP.DE🇩🇪GermanyTechnology272,69 billion $243,83 Md€41,16 billion $8,01 billion $
2Siemens AGSIE.DE🇩🇪GermanyIndustrials226,47 billion $202,50 Md€88,26 billion $10,76 billion $
3Allianz SEALV.DE🇩🇪GermanyFinancial Services186,56 billion $166,81 Md€154,12 billion $12,05 billion $
4Deutsche Telekom AGDTE.DE🇩🇪GermanyCommunication Services139,55 billion $124,78 Md€133,18 billion $10,75 billion $
5Siemens Energy AGENR.DE🇩🇪GermanyIndustrials120,77 billion $107,99 Md€43,70 billion $1,58 billion $
6Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in MünchenMUV2.DE🇩🇪GermanyFinancial Services79,78 billion $71,34 Md€77,51 billion $6,84 billion $
7Infineon Technologies AGIFX.DE🇩🇪GermanyTechnology73,63 billion $65,84 Md€16,40 billion $1,14 billion $
8Merck KGaAMRK.DE🇩🇪GermanyHealthcare73,57 billion $65,78 Md€23,60 billion $2,92 billion $
9Deutsche Post AGDHL.DE🇩🇪GermanyIndustrials72,88 billion $65,16 Md€92,66 billion $3,92 billion $
10Deutsche Börse AGDB1.DE🇩🇪GermanyFinancial Services63,87 billion $57,11 Md€8,29 billion $2,23 billion $
11Deutsche Bank AGDBK.DE🇩🇪GermanyFinancial Services62,37 billion $55,77 Md€68,09 billion $7,75 billion $
12Bayer AGBAYN.DE🇩🇪GermanyHealthcare55,57 billion $49,69 Md€50,97 billion $-4,05 billion $
13E.on SeEOAN.DE🇩🇪GermanyUtilities55,25 billion $49,40 Md€88,02 billion $1,94 billion $
14Rheinmetall AGRHM.DE🇩🇪GermanyIndustrials54,14 billion $48,41 Md€11,11 billion $778,4 M$
15Siemens Healthineers AGSHL.DE🇩🇪GermanyHealthcare53,69 billion $48,00 Md€26,14 billion $2,40 billion $
16BASF SeBAS.DE🇩🇪GermanyBasic Materials51,55 billion $46,10 Md€66,72 billion $1,81 billion $
17RWE AGRWE.DE🇩🇪GermanyUtilities50,19 billion $44,88 Md€19,71 billion $3,50 billion $
18Porsche AG VzP911.DE🇩🇪GermanyConsumer Cyclical47,60 billion $42,56 Md€40,57 billion $482,0 M$
19Commerzbank AGCBK.DE🇩🇪GermanyFinancial Services45,67 billion $40,83 Md€12,45 billion $2,93 billion $
20Mercedes-Benz Group AGMBG.DE🇩🇪GermanyConsumer Cyclical43,55 billion $38,94 Md€147,87 billion $5,75 billion $
21Hannover Rück SEHNR1.DE🇩🇪GermanyFinancial Services39,11 billion $34,97 Md€29,97 billion $2,95 billion $
22Volkswagen AGVOW3.DE🇩🇪GermanyConsumer Cyclical39,03 billion $34,90 Md€360,02 billion $8,19 billion $
23Bayerische Motoren Werke AGBMW.DE🇩🇪GermanyConsumer Cyclical38,71 billion $34,61 Md€149,25 billion $8,16 billion $
24Talanx AGTLX.DE🇩🇪GermanyFinancial Services37,08 billion $33,16 Md€64,05 billion $2,77 billion $
25Henkel AG & Co. KGaAHEN3.DE🇩🇪GermanyConsumer Defensive36,29 billion $32,44 Md€22,92 billion $2,28 billion $
26Daimler Truck Holding AGDTG.DE🇩🇪GermanyIndustrials34,47 billion $30,82 Md€50,92 billion $2,20 billion $
27adidas AGADS.DE🇩🇪GermanyConsumer Cyclical31,87 billion $28,50 Md€27,75 billion $1,50 billion $
28Hochtief AGHOT.DE🇩🇪GermanyIndustrials31,46 billion $28,13 Md€42,76 billion $1,01 billion $
29Fresenius SE & Co. KGaAFRE.DE🇩🇪GermanyHealthcare30,11 billion $26,92 Md€25,58 billion $1,41 billion $
30HeidelbergCement AGHEI.DE🇩🇪GermanyBasic Materials29,58 billion $26,45 Md€24,00 billion $2,17 billion $
31Hapag-Lloyd AGHLAG.DE🇩🇪GermanyIndustrials26,24 billion $23,46 Md€20,84 billion $1,02 billion $
32EnBW Energie Baden-Württemberg AGEBK.DE🇩🇪GermanyUtilities24,16 billion $21,61 Md€38,46 billion $-231,3 M$
33BioNTech SEBNTX🇩🇪GermanyHealthcare22,15 billion $3,08 billion $-1,22 billion $
34Sartorius AGSRT3.DE🇩🇪GermanyHealthcare20,64 billion $18,45 Md€3,96 billion $173,2 M$
35Beiersdorf AGBEI.DE🇩🇪GermanyConsumer Defensive20,19 billion $18,06 Md€11,02 billion $1,05 billion $
36Uniper SEUN0.DE🇩🇪GermanyUtilities20,12 billion $17,99 Md€68,17 billion $1,56 billion $
37MTU Aero Engines AGMTX.DE🇩🇪GermanyIndustrials19,84 billion $17,74 Md€9,80 billion $1,14 billion $
38Traton SE8TRA.DE🇩🇪GermanyIndustrials17,69 billion $15,82 Md€49,27 billion $1,73 billion $
39Muenchener Rueckversicherungs-Gesellschaft AG ADRMURGY🇺🇸United StatesFinancial Services16,51 billion $77,51 billion $6,84 billion $
40Knorr-Bremse AGKBX.DE🇩🇪GermanyConsumer Cyclical16,30 billion $14,57 Md€8,74 billion $597,2 M$
41Vonovia SEVNA.DE🇩🇪GermanyReal Estate15,35 billion $13,73 Md€5,57 billion $4,16 billion $
42Continental AGCON.DE🇩🇪GermanyConsumer Cyclical14,89 billion $13,32 Md€22,01 billion $-184,5 M$
43DWS Group GmbH & Co. KGaADWS.DE🇩🇪GermanyFinancial Services14,52 billion $12,98 Md€4,85 billion $1,04 billion $
44Symrise AGSY1.DE🇩🇪GermanyBasic Materials14,27 billion $12,76 Md€5,51 billion $278,8 M$
45Covestro AG1COV.DE🇩🇪GermanyBasic Materials14,05 billion $12,56 Md€14,47 billion $-720,2 M$
46Delivery Hero SEDHER.DE🇩🇪GermanyConsumer Cyclical12,92 billion $11,55 Md€15,72 billion $-875,6 M$
47GEA Group AGG1A.DE🇩🇪GermanyIndustrials12,36 billion $11,05 Md€6,15 billion $463,0 M$
48Fresenius Medical Care AG & Co. KGaAFME.DE🇩🇪GermanyHealthcare12,02 billion $10,75 Md€21,95 billion $1,09 billion $
49Hensoldt AGHAG.DE🇩🇪GermanyIndustrials11,06 billion $9,89 Md€2,75 billion $99,5 M$
50Evonik Industries AGEVK.DE🇩🇪GermanyBasic Materials10,97 billion $9,80 Md€15,73 billion $296,4 M$
51Brenntag SEBNR.DE🇩🇪GermanyBasic Materials10,22 billion $9,13 Md€16,97 billion $295,9 M$
52Nordex SENDX1.DE🇩🇪GermanyIndustrials10,00 billion $8,94 Md€8,45 billion $306,8 M$
53Nemetschek SENEM.DE🇩🇪GermanyTechnology9,66 billion $8,64 Md€1,33 billion $242,9 M$
54Deutsche Lufthansa AGLHA.DE🇩🇪GermanyIndustrials9,64 billion $8,62 Md€44,28 billion $1,50 billion $
55Porsche Automobil Holding SEPAH3.DE🇩🇪GermanyConsumer Cyclical8,77 billion $7,84 Md€3,07 billion $2,96 billion $
56HELLA GmbH & Co. KGaAHLE.DE🇩🇪GermanyConsumer Cyclical8,65 billion $7,73 Md€8,79 billion $93,2 M$
57thyssenkrupp AGTKA.DE🇩🇪GermanyIndustrials8,37 billion $7,48 Md€36,72 billion $520,0 M$
58Rational AGRAA.DE🇩🇪GermanyIndustrials7,93 billion $7,09 Md€1,41 billion $283,9 M$
59Zalando SEZAL.DE🇩🇪GermanyConsumer Cyclical7,30 billion $6,53 Md€13,81 billion $240,6 M$
60CTS Eventim AG & Co. KGaAEVD.DE🇩🇪GermanyCommunication Services6,97 billion $6,23 Md€3,44 billion $310,1 M$
61Deutsche Wohnen SEDWNI.DE🇩🇪GermanyReal Estate6,71 billion $6,00 Md€1,51 billion $1,28 billion $
62Scout24 SEG24.DE🇩🇪GermanyReal Estate6,62 billion $5,92 Md€726,5 M$268,5 M$
63Fraport AGFRA.DE🇩🇪GermanyIndustrials6,59 billion $5,89 Md€4,96 billion $482,9 M$
64Aurubis AGNDA.DE🇩🇪GermanyBasic Materials6,55 billion $5,86 Md€20,32 billion $602,8 M$
65Fuchs Petrolub SEFPE3.DE🇩🇪GermanyBasic Materials6,49 billion $5,80 Md€3,98 billion $342,2 M$
66Schaeffler AGSHA0.DE🇩🇪GermanyConsumer Cyclical6,14 billion $5,49 Md€26,27 billion $-474,2 M$
67OSRAM Licht AGOSAGF🇩🇪GermanyIndustrials5,82 billion $14,8 M$170,2 M$
68IONOS Group SEIOS.DE🇩🇪GermanyTechnology5,36 billion $4,80 Md€1,47 billion $256,9 M$
69OHB SEOHB.DE🇩🇪GermanyIndustrials5,20 billion $4,65 Md€1,36 billion $55,4 M$
70Kion Group AGKGX.DE🇩🇪GermanyIndustrials4,88 billion $4,36 Md€12,63 billion $257,3 M$
711&1 AG1U1.DE🇩🇪GermanyCommunication Services4,75 billion $4,25 Md€4,63 billion $185,3 M$
72Bechtle AGBC8.DE🇩🇪GermanyTechnology4,72 billion $4,22 Md€7,16 billion $256,3 M$
73United Internet AGUTDI.DE🇩🇪GermanyCommunication Services4,64 billion $4,15 Md€6,84 billion $318,6 M$
74Wacker Chemie AGWCH.DE🇩🇪GermanyBasic Materials4,63 billion $4,14 Md€6,13 billion $-918,3 M$
75Springer Nature AG & Co. KGaASPG.F🇩🇪GermanyCommunication Services4,55 billion $4,07 Md€2,15 billion $398,1 M$
76AUTO1 Group SEAG1.DE🇩🇪GermanyConsumer Cyclical4,54 billion $4,06 Md€9,14 billion $87,2 M$
77PUMA SePUM.DE🇩🇪GermanyConsumer Cyclical4,38 billion $3,92 Md€8,16 billion $-721,9 M$
78SCHOTT Pharma AG & Co. KGaA1SXP.F🇩🇪GermanyHealthcare4,24 billion $3,80 Md€1,10 billion $163,8 M$
79DMG Mori AGGIL.DE🇩🇪GermanyIndustrials4,18 billion $3,74 Md€2,34 billion $204,5 M$
80RENK Group AGR3NK.DE🇩🇪GermanyIndustrials4,13 billion $3,69 Md€1,53 billion $112,2 M$
81LEG Immobilien SELEG.DE🇩🇪GermanyReal Estate4,12 billion $3,68 Md€1,67 billion $1,63 billion $
82Aixtron SeAIXA.DE🇩🇪GermanyTechnology4,08 billion $3,65 Md€622,4 M$95,3 M$
83Krones AGKRN.DE🇩🇪GermanyIndustrials4,01 billion $3,58 Md€6,33 billion $334,6 M$
84TUI AGTUI1.DE🇩🇪GermanyConsumer Cyclical3,96 billion $3,54 Md€27,04 billion $711,2 M$
85Sixt SESIX2.DE🇩🇪GermanyIndustrials3,92 billion $3,50 Md€4,79 billion $319,6 M$
86Fielmann AGFIE.DE🇩🇪GermanyHealthcare3,70 billion $3,31 Md€2,72 billion $227,9 M$
87Carl Zeiss Meditec AGAFX.DE🇩🇪GermanyHealthcare3,42 billion $3,06 Md€2,49 billion $157,9 M$
88freenet AGFNTN.DE🇩🇪GermanyCommunication Services3,01 billion $2,69 Md€2,73 billion $303,3 M$
89Hugo Boss AGBOSS.DE🇩🇪GermanyConsumer Cyclical2,92 billion $2,61 Md€4,78 billion $279,0 M$
90Salzgitter AGSZG.DE🇩🇪GermanyBasic Materials2,90 billion $2,59 Md€10,04 billion $-83,0 M$
91flatexDEGIRO AGFTK.DE🇩🇪GermanyFinancial Services2,83 billion $2,53 Md€626,0 M$179,4 M$
92K+S AGSDF.DE🇩🇪GermanyBasic Materials2,61 billion $2,34 Md€4,08 billion $-1,20 billion $
93Südzucker AGSZU.DE🇩🇪GermanyConsumer Defensive2,54 billion $2,27 Md€10,84 billion $-87,2 M$
94Jenoptik AGJEN.DE🇩🇪GermanyTechnology2,49 billion $2,22 Md€1,17 billion $80,5 M$
95Jungheinrich AGJUN3.DE🇩🇪GermanyIndustrials2,45 billion $2,19 Md€6,15 billion $115,9 M$
96KWS SAAT SE & Co. KGaAKWS.DE🇩🇪GermanyConsumer Defensive2,42 billion $2,17 Md€1,88 billion $264,3 M$
97Ceconomy AGCEC.DE🇩🇪GermanyConsumer Cyclical2,41 billion $2,15 Md€25,80 billion $-39,1 M$
98Bilfinger SEGBF.DE🇩🇪GermanyIndustrials2,41 billion $2,15 Md€6,07 billion $196,8 M$
99Ströer SE & Co. KGaASAX.DE🇩🇪GermanyCommunication Services2,39 billion $2,13 Md€2,32 billion $140,6 M$
100TAG Immobilien AGTEG.DE🇩🇪GermanyReal Estate2,38 billion $2,13 Md€1,09 billion $104,4 M$

⚠ Ranking provided for information purposes, based on public data. It does not constitute investment advice. Values may contain source errors and change with financial publications.

Frequently Asked Questions

About this ranking

Which companies are in this ranking?
Listed companies whose headquarters are located in Germany and whose accounts for the fiscal year 2025 are published, ranked by market capitalization. A company without this data is excluded, never estimated.
Are the amounts comparable between countries?
Yes: amounts are converted to US dollars at the exchange rate of the calculation day, and the amount in local currency is repeated under each value.
Is this ranking investment advice?
No. It is provided for information purposes and does not constitute investment advice.

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