This article lists the largest companies in Germany in terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes, as well as the German newspaper Die Welt.
2024 Die Welt list The following list ranks the 100 largest companies in Germany in 2024 based on their 2023 revenue. The data was compiled based on the “Top 500” ranking, which is published annually by the daily newspaper Die Welt. RankCompanyIndustryRevenueEmployeesHeadquarters1.Volkswagen AGAutomotive322.2614,082Wolfsburg2.Schwarz Beteiligungs GmbHGrocery retail167.2575,000Neckarsulm3.BMW AGAutomotive155.5116,324Munich4.Mercedes-Benz Group AGAutomotive153.2279,972Stuttgart5.Lidl Stiftung & Co. KG (part of Schwarz Beteiligungs GmbH)Grocery retail125.5360,000Neckarsulm6.Deutsche Telekom AGTelecommunications112.0199,652Bonn7.Uniper SEPower generation and energy trading107.96,863Düsseldorf8.E.ON SEEnergy93.68674,618Essen9.Rewe GroupRetail, tourism92.310389,270Cologne10.Robert Bosch GmbHConglomerate91.596429,416Stuttgart11.Aldi SüdRetail83.000–Mülheim an der Ruhr12.DHL GroupPostal services, logistics81.758594,396Bonn13.Siemens AGConglomerate77.769320,000Berlin / Munich14.Edeka Zentrale AG & Co. KGRetail70.700410,700Hamburg15.Audi AG (part of Volkswagen AG)Automotive69.86587,736Ingolstadt16.BASF SEChemicals68.902111,991Ludwigshafen17.Daimler TruckAutomotive55.890100,000Stuttgart18.Bayer AGPharmaceuticals, chemicals47.63799,723Leverkusen19.Phoenix Pharmahandel GmbH & Co. KGPharmaceutical wholesale47.06548,478Mannheim20.Traton SECommercial vehicles46.872103,621Munich21.ZF Friedrichshafen AGAutomotive supplier46.627168,738Friedrichshafen22.BP Europa SEPetroleum, energy46.5849,218Hamburg23.Deutsche Bahn AGTransport45.191292,423Berlin24.EnBW Energie Baden-Württemberg AGUtilities44.43128,630Karlsruhe25.Continental AGAutomotive supplier41.421202,763Hannover26.Dr. Ing. h.c. F. Porsche AG (part of Volkswagen AG)Automotive40.53042,140Stuttgart27.ThyssenKrupp AGConglomerate37.53699,981Essen28.Deutsche Lufthansa AGAir transport35.42296,677Cologne29.Kaufland Stiftung & Co. KG (part of Schwarz Beteiligungs GmbH)Grocery retail34.200148,000Neckarsulm30.SAPSoftware31.207107,602Walldorf31.Siemens EnergyEnergy31.11994,000Munich32.Metro AGRetail30.55191,201Düsseldorf33.Shell Deutschland Oil GmbHPetroleum, natural gas, chemicals29.5002,801Hamburg34.Aldi NordRetail29.000–Essen35.RWE AGEnergy28.56620,135Essen36.Hochtief AGBaudienstleistung27.75641,575Essen37.Mercedes-Benz Mobility AG (part of Mercedes-Benz Group AG)Financial services26.700–Stuttgart38.Boehringer Ingelheim Pharma GmbH & Co. KGPharmaceuticals25.61153,565Ingelheim am Rhein39.Heraeus Holding GmbHConglomerate25.60016,388Hanau40.Telekom Deutschland GmbH (part of Deutsche Telekom AG)Telecommunications25.20059,709Bonn41.BayWa AGRetail23.94823,144Munich42.VNG AGUtilities23.2001,688Leipzig43.Fresenius SE & Co. KGaAPharmaceuticals22.299193,865Bad Homburg44.Ceconomy (part of Metro AG)Retail22.20047,530Ingolstadt45.Henkel AG & Co. KGaAConsumer goods21.51447,750Düsseldorf46.Adidas AGSporting goods21.42759,030Herzogenaurach47.Heidelberg Materials AGBuilding materials21.17850,997Heidelberg48.Merck KGaAChemicals, pharmaceuticals20.99362,908Darmstadt49.TUI AGTourism20.66565,413Hannover50.Würth-GruppeRetail20.39687,047Künzelsau51.Bertelsmann SEMedien20.16980,418Gütersloh52.Fresenius Medical Care AG & Co. KGaAMedical technology19.454123,120Bad Homburg53.Schenker AG (part of Deutsche Bahn AG)Transport19.127–Essen54.Wintershall Dea AG (part of BASF SE)Petroleum, natural gas18.866–Celle/Kassel55.Hapag-Lloyd AGShipping17.93016,530Hamburg56.Ford-Werke GmbHAutomotive17.600–Cologne57.Penny-Markt GmbH (part of Rewe Group)Grocery retail17.17158,526Cologne58.Netto Marken-Discount AG & Co. KG (part of Edeka Zentrale AG & Co. KG)Retail17.10087,300Maxhütte-Haidhof59.Aurubis AGCopper producer17.0647,230Hamburg60.Brenntag AGChemical distribution16.81517,700Essen61.Schaeffler AGMetalworking industry16.31383,362Herzogenaurach62.Infineon Technologies AGSemiconductors16.30958,590Neubiberg63.dm-drogerie markt GmbH & Co. KGRetail15.90079,745Karlsruhe64.Adam Opel AGAutomotive15.851–Rüsselsheim65.Knauf GruppeBuilding materials, building systems15.60042,500Iphofen66.Evonik Industries AGSpecialty chemicals15.26733,409Essen67.Lekkerland AG & Co. KGConglomerate15.1005,700Frechen68.Otto (GmbH & Co KG)E-commerce14.99538,456Hamburg69.BSH Hausgeräte GmbH (part of Robert Bosch GmbH)Electrical engineering, home appliances14.80060,000Munich70.MAN Truck & Bus SE (part of Traton)Commercial vehicle manufacturing14.80036,000Munich71.TotalEnergies Holding Deutschland GmbHPetroleum, energy14.7001,800Berlin72.Marquard & Bahls AGPetroleum/energy14.484–Hamburg73.Covestro AGAdvanced materials, chemicals14.37714,100Leverkusen74.Lufthansa Air Plus Servicekarten GmbH (part of Lufthansa AG)Financial services14.200–Neu-Isenburg75.Mahle GmbHAutomotive supplier12.81872,373Stuttgart76.Droege International Group AGIndustrial holding company12.40010,000Düsseldorf77.Remondis SE & Co. KGWater and recycling management12.10043,000Lünen78.Maxingvest GmbH & Co. KGaAHolding company12.044–Hamburg79.Edeka Minden eGRetail12.00125,685Minden80.Freudenberg Sealing TechnologiesIndustry11.90352,241Weinheim81.Dirk Rossmann GmbHDrugstores11.79662,100Burgwedel82.KION GROUP AGMechanical engineering11.43442,325Wiesbaden83.Exxon Mobil Central Europe Holding GmbHPetroleum11.037–Hamburg84.Stadtwerke Köln GmbHUtilities11.022–Cologne85.Airbus Operations GmbHCivil aviation10.796–Hamburg86.Salzgitter AGSteel production10.79025,183Salzgitter87.Südzucker AGFood10.28920,114Mannheim88.Zalando SEE-commerce10.14315,793Berlin89.Carl Zeiss AGOptics10.10842,992Oberkochen90.Alliance Healthcare Deutschland GmbHPharmaceutical wholesale10.029–Frankfurt91.EWE AGUtilities10.00510,845Oldenburg92.Delivery Hero SEDelivery service9.94244,612Berlin93.Globus Holding GmbH & Co. KGRetail9.82044,790St. Wendel94.DB Regio AG (part of Deutsche Bahn AG)Transport, public local transport9.706–Frankfurt95.Thüga Holding GmbH & Co. KGaAUtilities9.703–Munich96.Stadtwerke München GmbHUtilities9.672–Munich97.MHK Group AGHome and living9.661616Dreieich98.Esso Deutschland GmbHEnergy9.558–Munich99.Jet Tankstellen Deutschland GmbHPetroleum9.541–Hamburg100.Noweda eGPharmaceutical wholesale9.4723,399Essen
2024 Fortune list This list displays all 29 German companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2023. Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company. +RankFortune 500rankNameIndustryRevenue(USD millions)Profits(USD millions)EmployeesHeadquarters111VolkswagenAutomotive348,40917,945684,025Wolfsburg241BMWAutomotive168,10312,205154,950Munich342Mercedes-Benz GroupAutomotive165,63815,417166,056Stuttgart477Deutsche TelekomTelecommunications121,04619,239199,652Bonn579UniperElectric utility116,663 6,8196,863Düsseldorf682AllianzInsurance113,5189,233157,883Munich7101E.ONElectric utility101,28055972,242Essen8105Robert Bosch GmbHAutomotive parts99,0212,271429,416Stuttgart9103DHL GroupTransportation88,3863,975551,233Bonn10145SiemensConglomerate82,9328,477320,000Munich / Berlin11172BASFChemicals74,487243111,991Ludwigshafen12205Deutsche BankBanking65,9786,64590,130Frankfurt13215Munich ReInsurance63,3534,97942,812Munich14227Daimler TruckAutomotive60,4204,081102,946Leinfelden-Echterdingen15257Edeka ZentraleRetail54,455462410,700Hamburg16274Deutsche BahnTransportation53,198−2,566326,781Berlin17286BayerPharmaceuticals51,498−3,17999,723Leverkusen18290Phoenix PharmahandelRetail50,935 23441,276Mannheim19295ZF FriedrichshafenAutomotive parts50,407−34165,938Friedrichshafen20312Landesbank Baden-WürttembergBanking48,5671,08010,434Stuttgart21316EnBWElectric utility48,0321,66226,943Karlsruhe22327TalanxInsurance46,1561,70927,863Hanover23344Continental AGAutomotive parts44,7781,250202,763Hanover24374LufthansaAirline40,4551,80779,759Cologne25377ThyssenKruppConglomerate40,028−2,21099,981Essen26404DZ BankBanking37,2212,30329,901Bad Homburg27450SAP SETechnology34,5426,637107,602Walldorf28478Siemens EnergyEnergy technology33,184−4,83394,000Munich29494Metro AGRetail32,57946881,834Düsseldorf
2024 Forbes list
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking. The table below also lists the headquarters location and industry sector of each company. The figures are in billions of US dollars and are for the year 2024. All 49 companies in the Forbes 2000 from Germany are listed. RankForbes 2000 rankNameHeadquartersRevenue(billions US$)Profit(billions US$)Assets(billions US$)Value(billions US$)Industry131AllianzMunich148.29.71,056.8113.8Insurance 2 43VolkswagenWolfsburg348.616.3672.065.6Automotive352Mercedes-BenzStuttgart164.314.4288.577.1Automotive461BMWMunich168.311.6274.765.8Automotive562Deutsche TelekomBonn121.54.8318.8119.1Telecommunications668SiemensMunich / Berlin84.48.0156.3148.2Conglomerate796Munich ReMunich70.05.0298.965.1Insurance8146Deutsche BankFrankfurt68.04.91,437.333.6Banking9202Deutsche PostBonn87.93.874.251.3Transportation10230SAP SEWalldorf34.52.178.8244.7Technology11238Daimler TruckLeinfelden-Echterdingen60.74.279.534.4Automotive12279E.ONEssen89.81.3123.136.1Electric utility13310Merck GroupDarmstadt22.63.053.579.1Pharmaceuticals14311CommerzbankFrankfurt25.72.6596.119.9Banking15318TalanxHanover54.01.9179.720.1Insurance16337RWEEssen28.01.9111.528.1Electric utility17448Infineon TechnologiesMunich16.92.831.452.2Technology18500HenkelDüsseldorf23.31.435.038.3Consumer goods19535HeidelbergCementHeidelberg22.92.140.219.0Building material20550BASFLudwigshafen72.10.088.347.5Chemicals21558Deutsche BörseFrankfurt6.61.9262.937.2Finance22583BayerLeverkusen51.9 −3.4129.530.5Pharmaceuticals23665LufthansaCologne38.8 1.551.18.7Airline24681Continental AGHanover44.30.840.813.6Automotive parts25714EnBWKarlsruhe41.90.07.619.7Electric utilities26723Porsche SEStuttgart5.75.568.916.5Automotive27744Siemens EnergyMunich34.6−2.454.221.5Energy28829FreseniusBad Homburg29.6−0.747.817.1Healthcare29829AdidasHerzogenaurach23.40.119.944.5Apparel301031BeiersdorfHamburg10.20.914.135.2Consumer goods311077VonoviaBochum5.3−4.3101.626.3Real estate321177ThyssenKruppEssen38.7−2.533.33.4Conglomerate331225BrenntagEssen17.70.711.510.9Chemicals341328RheinmetallDüsseldorf8.00.612.524.2Aerospace and defense351331Evonik IndustriesEssen16.3−0.422.110.2Chemicals361343TUI AGHanover23.50.617.53.6Hospitality371498Knorr-BremseMunich8.70.79.513.0Technology381502Schaeffler GroupHerzogenaurach17.60.518.74.6Automotive parts391595CovestroLeverkusen15.3−0.214.89.9Chemicals401671BayWaMunich24.8−0.114.30.9Retail411690Wüstenrot & WürttembergischeStuttgart5.80.373.81.3Finances421695CeconomyDüsseldorf24.2 0.110.81.5Retail431708KION GroupFrankfurt12.50.420.66.4Technology441790SüdzuckerMannheim11.1 0.611.43.1Food processing451813Deutsche PfandbriefbankUnterschleißheim3,10.156.20.8Banking461831Diebold NixdorfHudson, Ohio3.81.53.93.6Financial services471856AurubisHamburg17.90.18,33.7Mining481873Aareal BankWiesbaden3.10.051.72.2Banking491986Delivery HeroBerlin10.7−2.511.99.8Food delivery
References
See also List of the largest trading partners of Germany