Largest European companies based on revenue 2025| ��ƽ��

Largest European companies based on revenue in 2025 (in billion U.S. dollars)

Characteristic	Revenue in billion US dollars
Volkswagen (Germany)	351.09
Shell (UK)*	289.03
Glencore (Switzerland)	230.94
TotalEnergies (France)	195.61
BP (UK)	194.63
Stellantis (Netherlands)	169.65
Mercedes-Benz Group (Germany)	157.45
BMW Group (Germany)	153.97
BNP Paribas (France)	146.39
Banco Santander (Spain)	146.33
HSBC Holdings (UK)	145.72
Electricite de France (France)	128.35
Deutsche Telekom (Germany)	125.2
Allianz (Germany)	123.15

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Release date

2026

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Region

Europe

Survey time period

2025

Supplementary notes

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 noninterest income. For insurance companies, revenue includes premium and annuity income, investment income, realized capital gains or losses, and other income, but excludes deposits.

Release date is the date that the data was extracted from the source.

*Royal Dutch Shell plc officially changed its name to Shell plc in January 2022. This rebrand was part of a plan to simplify its share structure and move its headquarters from the Netherlands to the United Kingdom

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In 2025, the German car manufacturer Volkswagen had a revenue of 351.09 billion U.S. dollars, the largest of any European company. Shell had the second-largest revenue this year at 289.03. billion U.S. dollars. The French petroleum company Total Energy had the fourth-highest revenue in Europe at 195.61 billion U.S. dollars.

VW employs over 684 thousand

Volkswagen was also one of the main employers in Europe in 2025, with over 646 thousand working for the German car giant. Volkswagen was only behind the Irish consulting services firm Accenture, which employed more than 774 thousand people in the same year. In third place, Compass Group from the United Kingdom employed more than 579 thousand people.

Walmart tops global rankings

When the scope is broadened to look at companies worldwide, Walmart had both the largest revenue of any company (681 billion U.S. dollars) and the highest number of employees at over 2.1 million people. The e-commerce giant Amazon had the second-highest revenue in 2025, at over 637 billion U.S. dollars.