21 Largest Italian Companies by Market Cap
In this article, we will discuss the 21 largest Italian companies by market cap. If you want to explore similar companies, you can also take a look at 5 Largest Italian Companies by Market Cap.
The Economy of Italy
The Italian economy is the third largest in the Eurozone and the eighth largest in the world, having a GDP of $2.11 trillion according to estimates from the World Bank It's a major European economic power and is home to some of the largest companies in Europe.
The Italian economy is driven by the manufacturing of high-quality consumer goods, such as clothing, furniture, and automobiles, as well as by a large agricultural sector and a thriving tourism industry. Italy is also a major player in the global financial markets, and its banking system is one of the most important in the Eurozone.
In the past decade, Italy has experienced an economic boom, driven largely by strong exports and the growth of its service sector. In 2021, the exports of goods and services from Italy accounted for 32.7% of the nation's GDP. The country has seen a significant rise in GDP growth and the unemployment rate has fallen from 12.1% in 2013 to 9.8% in 2021, according to data from the World Bank.
Italy is home to several large and leading companies, often referred to as blue chips. These companies are typically seen as the most attractive investments because they are the most established and have the most reliable performance records. Some of the largest Italian companies include Eni S.p.A. (NYSE:E), Ferrari N.V. (NYSE:RACE), and Enel SpA (OTC:ENLAY). These companies, among others, are discussed in detail below.
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Our Methodology
For this article, we focused on Italian companies that are listed on the Italian stock exchange, U.S. exchanges, or are traded as over-the-counter (OTC) securities. We filtered companies by their market capitalization, and only included those that had the largest market caps, as of January 26. For companies that were listed on the Italian stock exchange, we converted their market cap from EUR to USD. We sourced the market cap of each company from Yahoo Finance and have ranked our picks in ascending order of their market cap.
Largest Italian Companies by Market Cap
21. DiaSorin S.p.A. (OTC:DSRLF)
Market Cap: $7.30 Billion
DiaSorin S.p.A. (OTC:DSRLF) is a manufacturer and distributor of immunodiagnostic and molecular diagnostics testing kits. Its platforms, such as LIAISON XS, LIAISON XL, and LIAISON XL LAS are used throughout Europe, Africa, North America, Central and South America, the Asia Pacific, and China. DiaSorin S.p.A. (OTC:DSRLF) was established in 1968 and is based in Saluggia, Italy. The company is worth an estimated $7.30 billion on the open market and is one of the largest Italian companies by market cap.
Some of the largest companies in Italy include Eni S.p.A. (NYSE:E), Ferrari N.V. (NYSE:RACE), and Enel SpA (OTC:ENLAY).
20. UnipolSai Assicurazioni S.p.A. (BIT:US)
Market Cap: $7.55 Billion
UnipolSai Assicurazioni S.p.A. (US.MI) is an Italian insurance firm that does business through four segments: Non-Life Insurance, Life Insurance, Real Estate and Others. Additionally, the company engages in reinsurance, real estate, hotel, agricultural, and healthcare businesses. UnipolSai Assicurazioni S.p.A. (US.MI) was founded in 2014 and has grown to become a company worth $7.55 billion, as of January 26.
19. Edison S.p.A. (BIT:EDNR)
Market Cap: $8.01 Billion
Edison S.p.A. (ENDR.MI) is an Italian energy company based in Milan. Established in 1884, the company currently has over 5,000 employees across Europe, Africa and the Middle East. Edison S.p.A. (ENDR.MI) primarily produces and distributes electricity and natural gas and is one of the largest power providers in Italy, with a market cap of $8.01 billion, as of January 26.
18. Mediobanca Banca di Credito Finanziario S.p.A. (OTC:MDIBY)
Market Cap: $8.98 Billion
Mediobanca Banca di Credito Finanziario S.p.A. (OTC:MDIBY) is an Italian company that provides banking products and services both in Italy and internationally. The company operates through five segments: Wealth Management, Consumer Banking, Corporate and Investment Banking, Principal Investing, and Holding Functions. Mediobanca Banca di Credito Finanziario S.p.A. (OTC:MDIBY) offers asset management, consumer credit products, corporate lending, capital market services, and specialty finance services. The company was established in 1946 and is based in Milan.
17. Recordati Industria Chimica e Farmaceutica S.p.A. (OTC:RCDTF)
Market Cap: $9.17 Billion
Recordati Industria Chimica e Farmaceutica S.p.A. (OTC:RCDTF) is an Italian pharmaceutical company, established in 1926 and headquartered in Milan. The company develops, produces, markets and sells pharmaceuticals worldwide, in numerous therapeutic areas, such as cardiovascular, dermatology, OTC/non-prescription, urology, and anti-infectives among others. As of January 26, 17. Recordati Industria Chimica e Farmaceutica S.p.A. (OTC:RCDTF) has a market cap of $9.17 billion.
16. Infrastrutture Wireless Italiane S.p.A. (OTC:IFSUF)
Market Cap: $10.56 Billion
Infrastrutture Wireless Italiane S.p.A. (OTC:IFSUF) is an Italian company that provides infrastructure hosting equipment for radio, telecoms, and TV. The company also provides broadcasting services. Infrastrutture Wireless Italiane S.p.A. (OTC:IFSUF) is one of the largest Italian companies and is worth $10.56 billion on the open market, as of January 26.
15. FinecoBank Banca Fineco S.p.A. (OTC:FNBKY)
Market Cap: $10.65 Billion
FinecoBank Banca Fineco S.p.A. (OTC:FNBKY) is an Italian bank that provides banking, brokerage, and investing services. The company was founded in 1999 and is headquartered in Reggio Emilia, Italy. As of January 26, FinecoBank Banca Fineco S.p.A. (OTC:FNBKY) is worth $10.65 billion.
14. Prysmian S.p.A. (OTC:PRYMY)
Market Cap: $10.72 Billion
Prysmian S.p.A. (OTC:PRYMY) is a global company that produces, distributes, and sells cables and systems, and related accessories for the energy and telecommunications industries. The company does business through three segments: Projects, Energy, and Telecom. Through the Projects segment, the company provides power and data transmission cables, umbilicals, and components for oil well management. The company's Energy segment provides trade and installation services, power distribution, overhead transmission lines, industrial and network components, and asset monitoring solutions. Finally, the company's Telecom segment manufactures optical fiber and cables, connectivity components and accessories, and copper cables for use in telecommunication networks. Prysmian S.p.A. (OTC:PRYMY) was founded in 1879 and is based in Milan, Italy.
13. Nexi S.p.A. (OTC:NEXXY)
Market Cap: $12.03 Billion
Nexi S.p.A. (OTC:NEXXY), founded in 1939 and based in Milan, provides electronic money and payment services to banks, financial and insurance institutions, merchants, businesses, and public administration in Italy. The company's services include acquiring, POS terminal configuration, fraud prevention, dispute management, and customer support. Moreover, the company also provides services for issuing payment cards, ATM management, clearing, digital banking, and software applications for invoice management. Nexi S.p.A. (OTC:NEXXY) is one of the largest Italian companies by market cap and is worth $12 billion, as of January 26.
12. Davide Campari-Milano N.V. (OTC:DVCMY)
Market Cap: $12.14 Billion
Davide Campari-Milano N.V. (OTC:DVCMY) is a leading global distributor of alcoholic and non-alcoholic beverages. The company has an extensive selection of spirits, including vodka, liqueurs, whisky, tequila, rum, gin, cognac, and champagne. Davide Campari-Milano N.V. (OTC:DVCMY) was founded in 1860 and is based in Sesto San Giovanni, Italy.
11. Poste Italiane S.p.A. (BIT:PST)
Market Cap: $13.73 Billion
Poste Italiane S.p.A. (PST.MI) is an Italian company that provides postal, logistics, financial and insurance products and services. The company does business through four segments: Mail, Parcels & Distribution; Payments & Mobile; Financial Services; and Insurance Services. As of January 26, Poste Italiane S.p.A. (PST.MI) has a market cap of $13.73 billion and is one of the largest Italian companies by market cap.
10. Prada S.p.A. (OTC:PRDSY)
Market Cap: $15.43 Billion
Prada S.p.A. (OTC:PRDSY) designs, produces and distributes leather goods, handbags, footwear, apparel, accessories, eyewear, and fragrances. The company is a global fashion giant and is also involved in event management and real estate businesses. Prada S.p.A. (OTC:PRDSY) was founded in 1913 and is based in Milan, Italy.
9. Terna - Rete Elettrica Nazionale Società per Azioni (OTC:TEZNY)
Market Cap: $16.08 Billion
Terna - Rete Elettrica Nazionale Società per Azioni (OTC:TEZNY) transmits and dispatches electricity in Italy, Euro-area countries, and internationally. The company operates through three segments: Regulated, Non-Regulated, and International. The company also provides telecommunications systems and equipment, connectivity services, energy solutions, and operation and maintenance services. Terna - Rete Elettrica Nazionale Società per Azioni (OTC:TEZNY) was established in 1999 and is based in Rome, Italy.
8. Moncler S.p.A. (OTC:MONRY)
Market Cap: $16.93 Billion
Moncler S.p.A. (OTC:MONRY) designs, produces, and sells clothing and accessories for men, women, and children. Some of the company's products include footwear, leather goods, sunglasses, eyeglasses, frames, ski goggles, and perfume. Moncler S.p.A. (OTC:MONRY) primarily operates in Italy, Europe, Japan, Asia, and the Americas. The company was founded in 1952 and is located in Milan, Italy.
7. Snam S.p.A. (OTC:SNMRY)
Market Cap: $17.22 Billion
Snam S.p.A. (OTC:SNMRY) is involved in the transportation and storage of natural gas. The company provides transportation and dispatching services and owns and manages LNG regasification plants. Snam S.p.A. (OTC:SNMRY) also provides integrated services for natural gas mobility, energy efficiency, biogas and biomethane plants, engineering and project management, and infrastructure planning. Snam S.p.A. (OTC:SNMRY) is worth $17.22 billion on the open market, as of January 26, and is one of the largest Italian companies by market cap.
6. Assicurazioni Generali S.p.A. (OTC:ARZGY)
Market Cap: $30.51 Billion
Assicurazioni Generali S.p.A. (OTC:ARZGY) is an Italian insurance company established in 1831. The company provides individuals and families with saving and protection insurance products and offers motor, casualty, accident, health and commercial and industrial risks insurance. Additionally, Assicurazioni Generali S.p.A. (OTC:ARZGY) also provides equity and fixed-income funds, investment advisory services and asset management. The company operates in numerous countries across Europe, the Americas and Asia.
In addition to Assicurazioni Generali S.p.A. (OTC:ARZGY), other major Italian companies include Eni S.p.A. (NYSE:E), Ferrari N.V. (NYSE:RACE), and Enel SpA (OTC:ENLAY).
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Disclosure: None. 21 Largest Italian Companies by Market Cap is originally published on Insider Monkey.