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France’s Largest companies by market capitalization, 2024

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As of February 12, 2024, LVMH Moët Hennessy is the most valuable company in France, with a market cap of $435 billion. Following it are L’Oréal ($241 billion) and Hermès ($245 billion). France’s top five most valuable companies include some of the world’s most renowned brands: TOTALENERGIES (No. 4, $156 billion) and CHRISTIAN DIOR (No. 5, $151 billion). Overall, among the top 10 largest companies by market capitalization in France, the sixth, seventh, eighth, ninth, and tenth positions are held by AIRBUS, SCHNEIDER ELECTRIC, SANOFI, AIR LIQUIDE, and ESSILORLUXOTTICA ($245 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).

Which one is the most valuable in France by market cap? This list comprises the biggest companies currently in France by market cap in 2024:

France’s Largest Companies by Market Cap, 2024

RANK COMPANY Market Cap (US DOLLAR)
1 LVMH $435 B
2 L’ORÉAL $241 B
3 HERMES INTERNATIONAL $245 B
4 TOTALENERGIES SE $156 B
5 CHRISTIAN DIOR SE $151 B
6 AIRBUS SE $128 B
7 SCHNEIDER ELECTRIC SE $119 B
8 SANOFI $117 B
9 AIR LIQUIDE $94 478 M
10 ESSILORLUXOTTICA $91 651 M
11 SAFRAN $79 911 M
12 AXA $71 146 M
13 VINCI $71 504 M
14 BNP PARIBAS $66 065 M
15 DASSAULT SYSTÈMES SE $62 334 M
16 KERING $54 602 M
17 E.D.F. $51 547 M
18 PERNOD RICARD $42 289 M
19 DANONE $42 122 M
20 STMICROELECTRONICS N.V. $41 530 M
21 CRÉDIT AGRICOLE S.A. $39 882 M
22 CAPGEMINI SE $38 708 M
23 ENGIE $36 805 M
24 SAINT-GOBAIN $37 245 M
25 ORANGE $30 159 M
26 THALES $30 055 M
27 LEGRAND $26 439 M
28 PUBLICIS GROUPE SA $25 819 M
29 SARTORIUS STEDIM BIOTECH $24 884 M
30 MICHELIN (CGDE) $23 837 M
31 VEOLIA ENVIRONNEMENT $22 622 M
32 SOCIÉTÉ GÉNÉRALE $18 683 M
33 BOLLORÉ SE $18 491 M
34 EDENRED SE $14 890 M
35 DASSAULT AVIATION $14 671 M
36 BOUYGUES SA $13 461 M
37 AMUNDI $13 115 M
38 AÉROPORTS DE PARIS $12 722 M
39 BIOMÉRIEUX $12 966 M
40 SODEXO $12 330 M
41 THALES $30 055 M
42 LEGRAND $26 439 M
43 PUBLICIS GROUPE SA $25 819 M
44 SARTORIUS STEDIM BIOTECH $24 884 M
45 MICHELIN (CGDE) $23 837 M
46 VEOLIA ENVIRONNEMENT $22 622 M
47 SOCIÉTÉ GÉNÉRALE $18 683 M
48 BOLLORÉ SE $18 491 M
49 EDENRED SE $14 890 M
50 DASSAULT AVIATION $14 671 M
51 BOUYGUES SA $13 461 M
52 AMUNDI $13 115 M
53 BIOMÉRIEUX $12 966 M
54 AÉROPORTS DE PARIS $12 722 M
55 SODEXO $12 330 M
56 BUREAU VERITAS SA $12 078 M
57 VIVENDI SE $11 402 M
58 CARREFOUR $11 267 M
59 EUROFINS SCIENTIFIC SE $11 224 M
60 RENAULT $10 920 M
61 UNIBAIL-RODAMCO-WESTFIELD SE $10 579 M
62 EIFFAGE S.A. $9 955 M
63 ACCOR $9 945 M
64 IPSEN $9 601 M
65 INGENICO GROUP $9 386 M
66 TIKEHAU CAPITAL $3 996 M
67 NEOEN $3 976 M
68 WENDEL $3 975 M
69 INTERPARFUMS $3 747 M
70 WORLDLINE $3 649 M
71 TECHNIP ENERGIES N.V. $3 507 M
72 VALLOUREC $3 343 M
73 FORVIA (EX-FAURECIA) $3 326 M
74 AIR FRANCE-KLM $3 182 M
75 SOCIÉTÉ FONCIÈRE LYONNAISE $3 153 M
76 UBISOFT ENTERTAINMENT $3 115 M
77 ANTIN INFRASTRUCTURE PARTNERS S.A. $3 081 M
78 VIRBAC $3 077 M
79 LAGARDÈRE S.A. $3 037 M
80 TRIGANO $3 035 M
81 VALEO $2 980 M
82 IPSOS $2 922 M
83 BIC $2 870 M
84 IMERYS $2 791 M
85 BAINS DE MER DE MONACO $2 749 M
86 PEUGEOT INVEST $2 666 M
87 COVIVIO HOTELS $2 620 M
88 RUBIS $2 564 M
89 VUSIONGROUP $2 481 M
90 ICADE $2 471 M
91 LDC $2 457 M
92 CARMILA $2 420 M
93 UNIBEL SA $2 248 M
94 ID LOGISTICS GROUP $2 188 M
95 RAMSAY GÉNÉRALE DE SANTÉ $2 178 M
96 COFACE SA $2 034 M
97 ARGAN $2 010 M
98 CAISSE RÉGIONALE DE CRÉDIT AGRICOLE MUTUEL DE PARIS ET D’ILE-DE-FRANCE $2 001 M
99 EUTELSAT COMMUNICATIONS $1 971 M
100 OVH GROUPE $1 940 M
101 ERAMET $1 917 M
102 ORPEA $1 876 M
103 EXCLUSIVE NETWORKS S.A. $1 855 M
104 ROBERTET $1 809 M
105 TF1 $1 772 M
106 ALTAREA $1 678 M
107 M6 MÉTROPOLE TÉLÉVISION $1 657 M
108 VICAT $1 651 M
109 COMPAGNIE PLASTIC OMNIUM SE $1 588 M
110 STEF $1 575 M
111 WAVESTONE $1 534 M
112 FINANCIÈRE MONCEY $1 489 M
113 GREN PROP $1 479 M
114 SOCIÉTÉ INDUSTRIELLE ET FINANCIÈRE DE L’ARTOIS $1 464 M
115 SII $1 459 M
116 BELIEVE $1 296 M
117 VETOQUINOL SA $1 286 M
118 LECTRA $1 280 M
119 PARTS HOLDING EUROPE S.A. $1 260 M
120 PLANISWARE SAS $1 238 M
121 NEURONES $1 150 M
122 MAUREL $1 137 M
123 LISI S.A. $1 120 M
124 CAISSE RÉGIONALE DE CRÉDIT AGRICOLE MUTUEL DU LANGUEDOC $1 112 M
125 AGTA RECORD LTD $1 110 M
126 X-FAB SILICON FOUNDRIES SE $1 101 M
127 VOLTALIA SA $1 099 M
128 CAISSE RÉGIONALE DE CRÉDIT AGRICOLE MUTUEL BRIE PICARDIE $1 083 M
129 TFF GROUP $1 075 M
130 MERCIALYS $1 058 M
131 ESKER $1 001 M
132 TERREÏS $983 M
133 BÉNÉTEAU $982 M
134 SÉCHÉ ENVIRONNEMENT SA $980 M
135 ALTAMIR $952 M
136 MERSEN $931 M
137 FREY $923 M
138 MONTEPINO LOGÍSTICA, SOCIMI, S.A. $923 M
139 GROUPE CRIT $891 M
140 ASSYSTEM $876 M
141 NEXITY $874 M
142 MANITOU GROUP $854 M
143 SYNERGIE SE $853 M
144 ALTAREIT $834 M
145 BRASSERIES DU CAMEROUN $831 M


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