WhichIndex

Largest companies in Europe

The 100 largest of the 732 companies based in Europe that appear in the indexes we track, by market cap in US dollars.

Market caps from each exchange's listings, converted to US dollars at the same day's exchange rates, as of 2026-10-09.

Largest companies in Europe
RankCompanyMarket capCountryIndexes
1ASML Holding$615.2 billionNetherlands4: Nasdaq-100, Euro Stoxx 50, AEX, Nasdaq Composite
2Roche Holding AG$381.8 billionSwitzerland1: SMI
3HSBC$317.8 billionUnited Kingdom3: FTSE 100, NYSE Composite, Hang Seng
4Novartis International AG$292.1 billionSwitzerland2: NYSE Composite, SMI
5Shell plc$288.1 billionUnited Kingdom3: AEX, FTSE 100, NYSE Composite
6SAP$277.3 billionGermany3: Euro Stoxx 50, DAX, NYSE Composite
7L'Oréal$262.5 billionFrance2: Euro Stoxx 50, CAC 40
8Nestlé SA$258.9 billionSwitzerland1: SMI
9AstraZeneca$249.9 billionUnited Kingdom3: FTSE 100, NYSE Composite, OMX Stockholm 30
10Arm Holdings$227.6 billionUnited Kingdom2: Nasdaq-100, Nasdaq Composite
11Siemens$221.9 billionGermany2: Euro Stoxx 50, DAX
12LVMH Moët Hennessy Louis Vuitton$213.4 billionFrance2: Euro Stoxx 50, CAC 40
13TotalEnergies$206.1 billionFrance3: Euro Stoxx 50, CAC 40, NYSE Composite
14Inditex$199.0 billionSpain2: Euro Stoxx 50, IBEX 35
15Banco Santander$179.0 billionSpain3: Euro Stoxx 50, IBEX 35, NYSE Composite
16Novo Nordisk A/S$172.1 billionDenmark2: NYSE Composite, OMX Copenhagen 20
17Airbus$171.6 billionNetherlands3: Euro Stoxx 50, DAX, CAC 40
18Iberdrola$163.7 billionSpain2: Euro Stoxx 50, IBEX 35
19AB InBev$160.9 billionBelgium4: Euro Stoxx 50, NYSE Composite, BEL 20, JSE Top 40
20Schneider Electric$154.0 billionFrance2: Euro Stoxx 50, CAC 40
21Rio Tinto$153.6 billionUnited Kingdom2: FTSE 100, NYSE Composite
22ABB Ltd$150.8 billionSwitzerland2: SMI, OMX Stockholm 30
23Hermès$150.3 billionFrance2: Euro Stoxx 50, CAC 40
24Rolls-Royce Holdings$150.2 billionUnited Kingdom1: FTSE 100
25UBS Group AG$142.9 billionSwitzerland2: NYSE Composite, SMI
26BBVA$139.4 billionSpain3: Euro Stoxx 50, IBEX 35, NYSE Composite
27Unilever$134.3 billionUnited Kingdom3: AEX, FTSE 100, NYSE Composite
28Deutsche Telekom$134.3 billionGermany2: Euro Stoxx 50, DAX
29UniCredit$128.4 billionItaly2: Euro Stoxx 50, FTSE MIB
30Safran$125.8 billionFrance2: Euro Stoxx 50, CAC 40
31Air Liquide$125.0 billionFrance2: Euro Stoxx 50, CAC 40
32BP$120.6 billionUnited Kingdom2: FTSE 100, NYSE Composite
33British American Tobacco$120.3 billionUnited Kingdom3: FTSE 100, NYSE Composite, JSE Top 40
34Spotify Technology S.A.$118.9 billionLuxembourg1: NYSE Composite
35Intesa Sanpaolo$118.3 billionItaly2: Euro Stoxx 50, FTSE MIB
36Siemens Energy$117.0 billionGermany2: Euro Stoxx 50, DAX
37Richemont$116.2 billionSwitzerland2: SMI, JSE Top 40
38Equinor ASA$114.6 billionNorway2: NYSE Composite, OSEBX
39Zurich Insurance Group AG$111.9 billionSwitzerland1: SMI
40PDD Holdings$111.4 billionIreland2: Nasdaq-100, Nasdaq Composite
41BNP Paribas$105.0 billionFrance2: Euro Stoxx 50, CAC 40
42Sanofi$100.3 billionFrance3: Euro Stoxx 50, CAC 40, Nasdaq Composite
43Enel$98.4 billionItaly2: Euro Stoxx 50, FTSE MIB
44Axa$96.0 billionFrance2: Euro Stoxx 50, CAC 40
45GSK$94.3 billionUnited Kingdom2: FTSE 100, NYSE Composite
46ING Group$92.0 billionNetherlands3: Euro Stoxx 50, AEX, NYSE Composite
47Glencore$91.5 billionJersey2: FTSE 100, JSE Top 40
48EssilorLuxottica$90.9 billionFrance2: Euro Stoxx 50, CAC 40
49CaixaBank$89.0 billionSpain1: IBEX 35
50Atlas Copco A$88.0 billionSweden1: OMX Stockholm 30
51Eni$80.7 billionItaly3: Euro Stoxx 50, NYSE Composite, FTSE MIB
52Prosus$78.9 billionNetherlands3: Euro Stoxx 50, AEX, JSE Top 40
53Munich Re$78.6 billionGermany2: Euro Stoxx 50, DAX
54Lloyds Banking Group$77.6 billionUnited Kingdom2: FTSE 100, NYSE Composite
55National Grid plc$77.1 billionUnited Kingdom1: FTSE 100
56Barclays$76.5 billionUnited Kingdom2: FTSE 100, NYSE Composite
57DHL Group$72.6 billionGermany2: Euro Stoxx 50, DAX
58Infineon Technologies$72.5 billionGermany2: Euro Stoxx 50, DAX
59BAE Systems$72.1 billionUnited Kingdom1: FTSE 100
60Generali$69.9 billionItaly1: FTSE MIB
61Merck$69.8 billionGermany1: DAX
62Ferrari$68.2 billionNetherlands3: Euro Stoxx 50, NYSE Composite, FTSE MIB
63NatWest Group$68.0 billionUnited Kingdom2: FTSE 100, NYSE Composite
64Vinci SA$66.8 billionFrance2: Euro Stoxx 50, CAC 40
65Engie$66.2 billionFrance2: Euro Stoxx 50, CAC 40
66Volvo B$63.0 billionSweden1: OMX Stockholm 30
67Deutsche Börse$63.0 billionGermany2: Euro Stoxx 50, DAX
68RELX$62.7 billionUnited Kingdom3: AEX, FTSE 100, NYSE Composite
69Standard Chartered$61.4 billionUnited Kingdom1: FTSE 100
70Deutsche Bank$59.8 billionGermany3: Euro Stoxx 50, DAX, NYSE Composite
71Anglo American plc$59.4 billionUnited Kingdom2: FTSE 100, JSE Top 40
72Nordea$59.0 billionFinland2: Euro Stoxx 50, OMX Helsinki 25
73Nordea Bank Abp$58.9 billionSweden1: OMX Stockholm 30
74UCB$57.3 billionBelgium1: BEL 20
75Argenx$55.5 billionNetherlands3: Euro Stoxx 50, Nasdaq Composite, BEL 20
76London Stock Exchange Group$55.4 billionUnited Kingdom1: FTSE 100
77Swiss Reinsurance Company Ltd$55.1 billionSwitzerland1: SMI
78Galderma$54.5 billionSwitzerland1: SMI
79E.ON$54.0 billionGermany1: DAX
80Rheinmetall$53.8 billionGermany2: Euro Stoxx 50, DAX
81Lonza Group AG$53.5 billionSwitzerland1: SMI
82Thales$53.3 billionFrance1: CAC 40
83Compass Group$53.0 billionUnited Kingdom1: FTSE 100
84Siemens Healthineers$52.5 billionGermany1: DAX
85Crédit Agricole$51.3 billionFrance1: CAC 40
86BASF$50.2 billionGermany2: Euro Stoxx 50, DAX
87Bayer$50.0 billionGermany2: Euro Stoxx 50, DAX
88Société Générale$49.6 billionFrance1: CAC 40
89A.p. Moller - Maersk A$49.6 billionDenmark1: OMX Copenhagen 20
90Endesa$49.5 billionSpain1: IBEX 35
91RWE$49.4 billionGermany1: DAX
92Antofagasta plc$49.3 billionUnited Kingdom1: FTSE 100
93Coca-Cola Europacific Partners$49.0 billionUnited Kingdom3: Nasdaq-100, FTSE 100, Nasdaq Composite
94Dsv A/s$48.9 billionDenmark1: OMX Copenhagen 20
95Diageo$48.7 billionUnited Kingdom2: FTSE 100, NYSE Composite
96DNB Bank ASA$48.4 billionNorway1: OSEBX
97Heineken$47.6 billionNetherlands1: AEX
98Nokia$47.0 billionFinland3: Euro Stoxx 50, NYSE Composite, OMX Helsinki 25
99Erste Group$45.2 billionAustria1: ATX
100Commerzbank$44.9 billionGermany1: DAX