1. 🇩🇪 SAP — $283.42B 2. 🇩🇪 Siemens — $220.32B 3. 🇩🇪 Allianz SE — $175.96B 4. 🇩🇪 Deutsche Telekom — $161.90B 5. 🇩🇪 Siemens Energy — $122.03B 6. 🇩🇪 Munich RE (Münchener Rück) — $84.91B 7. 🇩🇪 Rheinmetall — $82.28B 8. 🇩🇪 Deutsche Bank — $75.06B 9. 🇩🇪 Mercedes-Benz Group — $69.53B 10. 🇩🇪 BMW — $68.38B 11. 🇩🇪 Volkswagen — $63.17B 12. 🇩🇪 DHL Group (Deutsche Post) — $63.13B 13. 🇩🇪 Merck KGaA — $61.85B 14. 🇩🇪 Siemens Healthineers — $58.72B 15. 🇩🇪 Infineon — $58.54B 16. 🇩🇪 Porsche — $50.05B 17. 🇩🇪 E.ON — $49.99B 18. 🇩🇪 Commerzbank — $48.19B 19. 🇩🇪 Deutsche Börse — $47.52B 20. 🇩🇪 HeidelbergCement — $46.52B 21. 🇩🇪 BASF — $46.46B 22. 🇩🇪 Bayer — $43.21B 23. 🇩🇪 RWE — $40.33B 24. 🇩🇪 Hannover Rück — $36.92B 25. 🇩🇪 Adidas — $35.39B