| Rank | Logo | Company | Market Cap | Country |
|---|---|---|---|---|
| 1 |  | SAP | $217.55 B | Germany |
| 2 |  | Siemens | $190.96 B | Germany |
| 3 |  | Deutsche Telekom | $180.33 B | Germany |
| 4 |  | Allianz SE | $155.71 B | Germany |
| 5 |  | Airbus | $150.04 B | Netherlands |
| 6 |  | Siemens Energy | $145.18 B | Germany |
| 7 |  | Rheinmetall | $82.85 B | Germany |
| 8 |  | Munich RE (Münchener Rück) | $80.68 B | Germany |
| 9 |  | DHL Group (Deutsche Post) | $58.73 B | Germany |
| 10 |  | E.ON | $58.45 B | Germany |
| 11 |  | Deutsche Bank | $56.85 B | Germany |
| 12 |  | Infineon | $56.00 B | Germany |
| 13 |  | Merck KGaA | $54.11 B | Germany |
| 14 |  | BMW | $53.95 B | Germany |
| 15 |  | Mercedes-Benz | $52.97 B | Germany |
| 16 |  | Deutsche Börse | $52.95 B | Germany |
| 17 |  | Volkswagen | $49.79 B | Germany |
| 18 |  | Siemens Healthineers | $47.89 B | Germany |
| 19 |  | RWE | $47.78 B | Germany |
| 20 |  | BASF | $47.73 B | Germany |
| 21 |  | Bayer | $43.81 B | Germany |
| 22 |  | Commerzbank | $41.23 B | Germany |
| 23 |  | Porsche | $38.51 B | Germany |
| 24 |  | Hannover Rück | $36.99 B | Germany |
| 25 |  | Daimler Truck | $36.27 B | Germany |
| 26 |  | HeidelbergCement | $33.87 B | Germany |
| 27 |  | Henkel | $31.31 B | Germany |
| 28 |  | Adidas | $27.58 B | Germany |
| 29 |  | Vonovia | $21.25 B | Germany |
| 30 |  | MTU Aero Engines | $19.77 B | Germany |
| 31 |  | Beiersdorf | $18.45 B | Germany |
| 32 |  | Covestro | $14.45 B | Germany |
| 33 |  | Continental | $13.31 B | Germany |
| 34 |  | Sartorius | $13.27 B | Germany |
| 35 |  | Fresenius Medical Care | $12.74 B | Germany |
| 36 |  | Symrise | $11.29 B | Germany |
| 37 |  | Porsche SE | $11.14 B | Germany |
| 38 |  | Qiagen | $8.37 B | Netherlands |
| 39 |  | Brenntag | $8.02 B | Germany |
| 40 |  | Zalando | $6.79 B | Germany |
