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In 2024, the German car manufacturer Volkswagen had a revenue of 348.41 billion US dollars, the largest of any European company. Shell had the second largest revenue in this year at 323.18. billion US dollars, followed by the the French petroleum company Total Energy at 218.9 billion dollars with Glencore having the fourth-highest revenue in Europe at 217.83 billion US dollars.

VW employs over 684 thousand

Volkswagen also was one of the main employers in Europe in 2024 with over 680 thousand working for the German car giant. Volkswagen was only behind the Irish consulting services Accenture, that employed more than 700 thousand people in the same year. In third place, Compass Group from the United Kingdom employed more 550 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, (648 billion US dollars) and the highest number of employees at over 2.1 million people. The e-commerce giant Amazon had the second-highest revenue in 2024, at over 500 billion US dollars.

Largest European companies based on revenue in 2024 (in billion US dollars)

Characteristic	Revenue in billion US dollars
Volkswagen (Germany)	348.41
Royal Dutch Shell (Netherlands)	323.18
TotalEnergies (France)	218.95
Glencore (Switzerland)	217.83
BP (UK)	213.03
Stellantis (Netherlands)	204.91
BMW Group (Germany)	168.1
Mercedes-Benz Group (Germany)	165.64
Electricite de France (France)	151.04
Banco Santander (Spain)	137.24
EXOR Group (Netherlands)	136.19
Allianz (Germany)	136.17
BNP Paribas (France)	136.08
HSBC Holdings (UK)	134.9
Deutsche Telekom (Germany)	121.05

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Release date

2024

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Region

Europe

Survey time period

2024

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

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