List of largest companies in Europe by revenue

These are the top 10 countries with the highest revenues from the top 500 companies as of August 2023.^[3]

Breakdown by country

Rank	Country	Companies
1	Germany	28
2	France	24
3	United Kingdom	10
3	Italy	10
5	Switzerland	9
5	Spain	9
7	Netherlands	4
8	Austria	1
8	Belgium	1
8	Ireland	1
8	Luxembourg	1
8	Norway	1
8	Poland	1
8	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 a 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,  France,  Germany,  Spain
45	Accenture	Consulting	61.594	Ireland
46	Louis Dreyfus Company	Consulting	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

• List of companies by revenue
• List of companies of the European Union
• List of largest European manufacturing companies by revenue
• List of European financial services companies by revenue
• List of largest manufacturing companies by revenue
• List of largest employers
• List of companies by profit and loss
• List of public corporations by market capitalization
• EURO STOXX 50
• STOXX Europe 50
• Fortune Global 500
• List of wealthiest organizations