Fortune 500 Europe

fortune 500 europe

Fortune 

The global economy, trade policies, mergers and acquisitions, and corporate upheaval among them—influence the Fortune 500 Europe rankings. To help you quickly see how each country is represented on the list, we put the Fortune 500 Europe on a map. Here you can see each company's location, revenue, and profit at a glance.

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Now in its fourth year, the Fortune 500 Europe ranks the continent’s largest companies by revenue. Volkswagen retains the No.1 position for the third year running, while HSBC is the most profitable company on the list, recording $22 billion in profits for 2025. Combined, the businesses on the list generated $15.5 trillion in revenue, equivalent to half of Europe's GDP.

Volkswagen

Shell

Glencore

TotalEnergies

Stellantis

BMW Group

Mercedes-Benz Group

Banco Santander

BNP Paribas

The Top 10

The European edition of the Fortune 500, ranking companies by revenue.

Fortune 500 Europe – The largest companies in Europe by revenue | Fortune

Companies are ranked by total revenues for their latest available respective fiscal years. All companies on the list must publish financial data and report part or all of their figures to a government agency. Figures are as reported, and comparisons are with the prior year’s figures as originally reported for that year. Fortune does not restate the prior year’s figures for changes in accounting.

Overview

Revenue figures include consolidated subsidiaries and reported revenues from discontinued operations, but exclude excise taxes. For banks, revenue is the sum of gross interest income and gross non-interest income. For insurance companies, revenue includes premium and annuity income, investment income, realized capital gains or losses, and other income, but excludes deposits.

Revenues

Profits are shown after taxes, extraordinary credits or charges, cumulative effects of accounting changes, and noncontrolling (minority) interests, but before preferred dividends. Figures in parentheses indicate a loss. Profit declines of more than 100% reflect swings from 2024 profits to 2025 losses. Profits for partnerships and cooperatives are reported but are not comparable with those of the other companies on the list because they are not taxed on a comparable basis. Profits for mutual insurance companies are based on statutory accounting. Revenue and profit figures have been converted to U.S. dollars at the average exchange rate during each company’s fiscal year (ended Dec. 31, 2025, unless otherwise noted).

Profits

Assets shown are those at the company’s fiscal year-end. Figures have been converted to U.S. dollars at the exchange rate at each company’s fiscal year-end.

Balance Sheet

The figure shown is either a fiscal year-end or yearly average number, as published by the company. Where the breakdown between full and part-time employees is supplied, a part-time employee is counted as one-half of a full-time employee.

Employees

This year’s Fortune 500 Europe was prepared under the direction of Fortune’s Lists Director Europe Grethe Schepers. Financial statements and annual reports were reviewed by Senior Research Analyst Elena Medina, VP Research Scott DeCarlo, Research Analyst Aris Stavropoulos, and Accounting Specialist Rhona Altschuler. The data verification process was aided substantially by S&amp;P Global Market Intelligence and LSEG.

Credits

legacy

HSBC Holdings

Sberbank

Deutsche Telekom

Allianz

Electricité de France

Gazprom

Nestlé

Equinor

Royal Ahold Delhaize

REWE Group

Bosch Group

Société Générale

Tesco

Carrefour

Rosneft Oil

DHL Group

Christian Dior

Enel

E.ON

Siemens

Banco Bilbao Vizcaya Argentaria

Lloyds Banking Group

Vinci

Crédit Agricole

Airbus

Engie

Groupe BPCE

UBS Group

Roche Group

EP Group

Barclays

ING Group

Deutsche Bank

BASF

Orlen

Bunge Global

VTB Bank

Munich Re Group

Zurich Insurance Group

Koç Holding

Accenture

Uniper

Groupe Caisse des Dépôts

Assicurazioni Generali

Unilever

Renault

Bouygues

Edeka Zentrale

Lukoil

ArcelorMittal

Chubb

Anheuser-Busch InBev

AstraZeneca

Rio Tinto Group

Crédit Mutuel Group

Novartis

Talanx

Daimler Truck Holding

X5 Group

Sanofi

Repsol

Maersk Group

Louis Dreyfus

Saint-Gobain

Unédic

Intesa Sanpaolo

Bayer

Iberdrola

Veolia Environnement

L'Oréal

Volvo Group

Heraeus Holding

SNCF Group

Vodafone Group

Novo Nordisk

Compass Group

Orange

Ingka Group

Inditex

Schneider Electric

J Sainsbury

UniCredit Group

Lufthansa Group

Swiss Re

ZF Friedrichshafen

Russian Railways

Newcomer to Fortune 500 Europe

Dropped in Rank

Gained in Rank

Sector

Industry

Country / Territory

Headquarters City

Profitable

Female CEO

Growth in Jobs

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The European edition of the Fortune 500, ranking the biggest European companies by revenue.

Rank

Revenues ($M)

Revenue Percent Change

Profits ($M)

Profits Percent Change

Assets ($M)

Change in Rank

Fortune 500 Europe | Fortune

Fortune 500 Europe

Fortune 500 Europe Ranking (2026)