As of March 27, 2023, with its market capitalization of $143 billion, SAP SE is the most valuable company in Germany, according to the CEOWORLD magazine. The list places SIEMENS AG as the second most valuable company, towering at a $119 billion valuation, followed by DEUTSCHE TELEKOM AG with a market cap of $116 billion, PORSCHE AG with a market cap of $110 billion, and ALLIANZ SE with a market cap of $88 billion.

Market cap (i.e., market capitalization) is an essential metric in ascertaining the comparative value of firms concerning trading opportunities. We have used the latest market cap data published by the New York Stock Exchange (NYSE), the London Stock Exchange, or other most prominent global stock exchanges to rank the companies.

In the latest CEOWORLD magazine ranking of the companies, MERCEDES-BENZ GROUP AG ranks sixth with a market cap of $80 billion, and MERCK KGAA ranks seventh with a market cap of $78 billion. VOLKSWAGEN AG ranks eighth in the list, with a market cap of $73 billion; meanwhile, BMW AG ranks ninth with a market cap of $67 billion and SIEMENS HEALTHINEERS AG ranks tenth with a market cap of $61 billion.

Ranked: Biggest Companies in Germany by Market Capitalization

1. SAP SE: $143 billion
2. SIEMENS AG: $119 billion
3. DEUTSCHE TELEKOM AG: $116 billion
4. PORSCHE AG: $110 billion
5. ALLIANZ SE: $88 billion
6. MERCEDES-BENZ GROUP AG: $80 billion
7. MERCK KGAA: $78 billion
8. VOLKSWAGEN AG: $73 billion
9. BMW AG: $67 billion
10. SIEMENS HEALTHINEERS AG: $61 billion
11. BAYER AG: $58 billion
12. HAPAG-LLOYD AG: $55 billion
13. DEUTSCHE POST AG: $53 billion
14. INFINEON TECHNOLOGIES AG: $47 billion
15. MUNICH RE: $46 billion
16. BASF SE: $44 billion
17. DEUTSCHE BÖRSE AG: $35 billion
18. E.ON SE: $30.98 billion
19. HENKEL AG & CO. KGAA: $30.35 billion
20. RWE AG: $29 billion

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