This list comprises the largest companies currently in Europe by revenue as of 2023, according to the Fortune 500 tally of companies and Forbes.
In 2022, largest company in Europe was Shell with revenue of US$386 billion. [1] Energi Danmark Group had largest revenue growth on Fortune 500 list. [2]
These are the top 10 countries with the highest revenues from the top 500 companies as of August 2023. [3] [4]
Rank | Country | Companies |
---|---|---|
1 | Germany | 28 |
2 | France | 24 |
3 | United Kingdom | 10 |
4 | Switzerland | 9 |
4 | Spain | 9 |
6 | Netherlands | 4 |
6 | Italy | 4 |
8 | Russia | 3 |
9 | Austria | 1 |
9 | Belgium | 1 |
9 | Ireland | 1 |
9 | Luxembourg | 1 |
9 | Norway | 1 |
9 | Poland | 1 |
9 | Sweden | 1 |
Below are the 100 largest companies by revenue in 2023 (mostly for fiscal year 2022), according to the Fortune 500 list. [3] Note that this list mostly includes public companies. Many private companies like Lidl (Schwarz Gruppe) or Aldi, to give just two examples, are hence missing.
Rank | Company | Industry | Revenue (US$ billions) | Headquarters |
---|---|---|---|---|
1 | Shell | Oil and gas | 386.201 | United Kingdom |
2 | Volkswagen | Automotive | 293.685 | Germany |
3 | Uniper | Electric utility | 288.309 | Germany |
4 | TotalEnergies | Oil and gas | 263.310 | France |
5 | Glencore | Conglomerate | 255.984 | Switzerland |
6 | BP | Oil and gas | 248.891 | United Kingdom |
7 | Stellantis | Automotive | 188.888 | Netherlands |
8 | Gazprom | Oil and gas | 167.832 | Russia |
9 | Mercedes-Benz Group | Automotive | 157.782 | Germany |
10 | Électricité de France | Electric utility | 150.902 | France |
11 | Equinor | Petroleum industry | 150.806 | Norway |
12 | BMW | Automotive | 149.991 | Germany |
13 | Enel | Electric utility | 147.790 | Italy |
14 | Eni | Oil and gas | 140.607 | Italy |
15 | Allianz | Financial services | 129.059 | Germany |
16 | E.ON | Electric utility | 121.646 | Germany |
17 | Deutsche Telekom | Telecommunications | 120.108 | Germany |
18 | Engie | Electric utility | 109.175 | France |
19 | Axa | Insurance | 109.067 | France |
20 | DHL | Courier | 99.324 | Germany |
21 | Banco Santander | Financial services | 99.231 | Spain |
22 | Nestlé | Consumer goods | 98.931 | Switzerland |
23 | Bosch | Conglomerate | 92.777 | Germany |
24 | BASF | Chemicals | 91.847 | Germany |
25 | Ahold Delhaize | Retail | 91.486 | Netherlands |
26 | Carrefour | Retail | 90.062 | France |
27 | BNP Paribas | Financial services | 88.564 | France |
28 | HSBC | Financial services | 87.897 | United Kingdom |
29 | Crédit Agricole | Financial services | 86.471 | France |
30 | Assicurazioni Generali | Financial services | 85.750 | Italy |
31 | Dior | Luxury goods | 83.283 | France |
32 | Maersk | Conglomerate | 81.529 | Denmark |
33 | ArcelorMittal | Steel | 79.844 | Luxembourg |
34 | Tesco | Retail | 79.687 | United Kingdom |
35 | Siemens | Conglomerate | 77.860 | Germany |
36 | Munich Re | Financial services | 75.747 | Germany |
37 | Repsol | Oil and gas | 72.536 | Spain |
38 | Roche | Pharmaceuticals | 69.596 | Switzerland |
39 | Vinci | Construction | 65.750 | France |
40 | OMV | Oil and gas | 65.523 | Austria |
41 | SocGen | Financial services | 63.417 | France |
42 | Unilever | Consumer goods | 63.182 | United Kingdom |
43 | Orlen | Oil and gas | 62.326 | Poland |
44 | Airbus | Aeronautics and defence | 61.805 | Netherlands |
45 | Accenture | Consulting | 61.594 | Ireland |
46 | Louis Dreyfus Company | Agricultural Commodities | 59.931 | Netherlands |
47 | Deutsche Bahn | Transport | 59.210 | Germany |
48 | EnBW | Electric utility | 58.901 | Germany |
49 | AB InBev | Beverages | 57.786 | Belgium |
50 | Iberdrola | Electric utility | 56.741 | Spain |
51 | Talanx | Financial services | 56.029 | Germany |
52 | Sberbank | Financial services | 55.877 | Russia |
53 | Saint-Gobain | Building materials | 53.847 | France |
54 | Daimler Truck | Automotive | 53.582 | Germany |
55 | Bayer | Pharmaceuticals | 53.365 | Germany |
56 | Novartis | Pharmaceuticals | 51.828 | Switzerland |
57 | LyondellBasell | Chemicals | 50.451 | Netherlands |
58 | Renault | Automotive | 49.924 | France |
59 | Edeka | Retail | 49.481 | Germany |
60 | Energi Danmark Group | Energy production | 48.717 | Denmark |
61 | ING | Financial services | 48.062 | Netherlands |
62 | Sanofi | Pharmaceuticals | 47.738 | France |
63 | Groupe BPCE | Financial services | 47.723 | France |
64 | Vodafone | Telecommunications | 47.550 | United Kingdom |
65 | Volvo | Heavy equipment | 46.828 | Sweden |
66 | Bouygues | Conglomerate | 46.696 | France |
67 | INGKA | Retail | 46.135 | Netherlands |
68 | ZF Friedrichshafen | Auto and truck parts | 46.068 | Germany |
69 | Swiss Re | Financial services | 45.998 | Switzerland |
70 | Exor | Investment | 45.977 | Netherlands |
71 | BBVA | Financial services | 45.776 | Spain |
72 | Orange | Telecommunications | 45.721 | France |
73 | Veolia | Environmental services | 45.105 | France |
74 | Barclays | Financial services | 45.023 | United Kingdom |
75 | ThyssenKrupp | Conglomerate | 44.502 | Germany |
76 | AstraZeneca | Pharmaceuticals | 44.351 | United Kingdom |
77 | SNCF | Transport | 43.594 | France |
78 | Chubb | Insurance | 43.166 | Switzerland |
79 | GSK | Pharmaceuticals | 43.035 | United Kingdom |
80 | Fresenius | Medical equipment | 42.954 | Germany |
81 | UBS | Financial services | 42.950 | Switzerland |
82 | Deutsche Bank | Financial services | 42.285 | Germany |
83 | Telefónica | Telecommunications | 42.063 | Spain |
84 | Zurich Insurance Group | Financial services | 41.750 | Switzerland |
85 | Continental | Auto and truck parts | 41.449 | Germany |
86 | Kuehne + Nagel | Logistics | 41.278 | Germany |
87 | RWE | Electricity generation | 40.352 | Germany |
88 | L'Oréal | Cosmetics | 40.241 | France |
89 | Intesa Sanpaolo | Financial services | 38.836 | Italy |
90 | Phoenix Pharmahandel | Pharmaceuticals | 38.045 | Germany |
91 | Sainsbury's | Retail | 37.910 | United Kingdom |
92 | X5 Group | Retail | 37.494 | Russia |
93 | GasTerra | Oil and gas | 37.338 | Netherlands |
94 | La Poste | Courier | 37.224 | France |
95 | Hapag-Lloyd | Container shipping | 37.224 | Germany |
96 | Schneider Electric | Electrical equipment | 35.945 | France |
97 | Finatis | Pharmaceutical and Food industry | 35.851 | France |
98 | ELO Group | Pharmaceutical and Food industry | 35.799 | France |
99 | Naturgy | Oil and gas | 35.723 | Spain |
100 | ACS Group | Engineering | 35.355 | Spain |
The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along with privately held companies for which revenues are publicly available. The concept of the Fortune 500 was created by Edgar P. Smith, a Fortune editor, and the first list was published in 1955. The Fortune 500 is more commonly used than its subset Fortune 100 or superset Fortune 1000.
The Forbes Global 2000 is an annual ranking of the top 2000 public companies in the world, published by: sales, profit, assets and market value. The list has been published annually since 2003.
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