Largest companies by market capitalization Italy 2024
Ferrari was the leading company in Italy as of March 7, 2024, with a market capitalization amounting to approximately 75.8 billion U.S. dollars. Enel and Intesa Sanpaolo followed as the second and third largest companies, with market capitalization of approximately 68 and 61.3 billion U.S. dollars respectively.
Milan Stock Exchange
The domestic companies listed on the Milan Stock Exchange experienced a significant drop in market capitalization, declining by nearly 50 percent in 2022. However, the market cap of all listed companies saw a more modest decrease compared to Italian companies, with their combined value reaching approximately 626 billion euros that same year. Despite this, the average daily turnover has consistently risen, reaching nearly 2.8 billion euros that year, correlating this trend to a continuous increase in companies opting to join this stock operator.
Automotive industry on the Milan Stock Exchange
In 2022, Ferrari, the renowned Italian luxury sports car manufacturer, ranked as the second-largest automotive company and the fifth among all companies on the Milan Stock Exchange, boasting a market capitalization of nearly 39 billion euros. Ferrari also dominates the automotive sector in terms of market turnover, which amounted to approximately 6.8 billion euros that year. Despite fluctuations in other sectors, the automotive industry in the Milan Stock Exchange has maintained a stable market capitalization value over the past two years.