In this article, we discuss 5 of the largest German companies by revenue. If you want to see more of the largest German countries by revenue, go directly to 15 Largest German Companies by Revenue.
5. Allianz
Revenue: $127.12 Billion
Allianz is a leading insurance and investment advisory company based in Germany. For the first six months of 2022, the company’s total revenues rose 7.2% year over year to €81.2 billion and its operating profit rose 1.2% year over year to €6.7 billion. According to Standard & Poor’s, Allianz rates as ‘AA’ in terms of financial strength.
In terms of sustainability, Allianz Group is also a leader as the company recently announced, “For its proprietary Investment and Property & Casualty (P&C) businesses, as of January 1, 2023, Allianz will no longer invest in or underwrite new single-site or stand-alone oil and selected gas risks, oil and gas activities related to the Arctic and the Antarctic or extra-heavy oil and ultra-deep sea risks. By the start of 2025, Allianz will require a robust ‘net-zero by 2050’ commitment from the largest hydrocarbon producers as a pre-condition for company-level insurance coverage and investments.”
With its initiatives, the insurer hopes to accelerate the decarbonization of the oil and gas business in the medium term and the company itself hopes to have its global business operations to be at net-zero as early as 2030.
4. BMW
Revenue: $135.12 Billion
BMW is a leading luxury vehicle manufacturer with 31 production and assembly facilities in 15 countries. The company also sells motorcycles and premium financial and mobility services. In 2021, BMW delivered over 2.5 million automobiles to customers and realized revenues of over €111.2 billion euros.
3. Mercedes-Benz
Revenue: $153.60 Billion
Mercedes-Benz, formerly known as Diamler AG, makes premium and luxury cars and vans. The company also provides financing leasing car subscription as well as innovative mobility services. In terms of financial results, Mercedes-Benz ranked #3 on our list of 15 Largest German Companies by Revenue given its sales of $153.6 billion in the last four quarters from Q2 2022.
2. Uniper
Revenue: $269.37 Billion
Uniper is an international energy company that’s based in Germany. In terms of scale, Uniper has approximately 33 GW of generating capacity across Europe and Russia and the company did $269.37 billion in sales in the four quarters from Q2 2022. In addition to being a leading European gas company, Uniper is transitioning into green energy by adding 1.5-2 GW of solar and wind capacity by 2025.
1. Volkswagen
Revenue: $280.75 Billion
Volkswagen is Germany’s largest company given sales of over $280 billion in terms of the last four quarters from Q2 2022. Volkswagen is also one of the world’s largest vehicle makers given vehicle deliveries of 9.3 million in 2020 and 8.88 million in 2021. In terms of the future, Volkswagen is trying to go electric. For the next half decade, the company has said it will invest 89 billion euros into software and electric cars.
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