Largest Listed Companies in Spain by Market Capitalization

Founded in 1831, the Bolsa de Madrid is the largest of Spain’s four regional stock exchanges — alongside Barcelona, Valencia, and Bilbao. Around 145 companies are listed there, with more than 90% of transactions handled through the electronic SIBE (Spanish Stock Market Interconnection System). All trading is conducted in euros under the supervision of the CNMV (National Securities Market Commission).

The benchmark IBEX 35 index tracks the 35 most liquid Spanish stocks, weighted by free-float market capitalization with no cap on individual weightings — unlike many other European indices. It was inaugurated on January 14, 1992, and is administered by Sociedad de Bolsas, a subsidiary of BME.

The largest Spanish companies span several sectors:

  • Financials: Banco Santander, BBVA, CaixaBank — financials carry the heaviest sector weight in the IBEX 35, and Santander has been classified as a systemically important financial institution.
  • Utilities: Iberdrola, a global leader in renewable energy and electricity networks, headquartered in Bilbao and operating across Spain, the UK, the US, and Brazil.
  • Consumer Discretionary: Inditex, parent of Zara and the world’s largest fashion retailer by sales, based in Arteixo, Galicia.
  • Energy: Repsol, Spain’s integrated oil and gas major.
  • Technology: Amadeus IT Group, a global IT services provider for the travel industry.
  • Telecom & Infrastructure: Telefónica (owner of O2, Movistar, and Vivo) and Ferrovial, a leading infrastructure group.

The Bolsa de Madrid also hosts the FTSE-Latibex Index, a European market for Latin American stocks — reflecting Spain’s deep commercial ties with Latin America. For a broader view, see the largest European companies by market cap, or explore neighboring Portuguese listed companies. If you’re interested in Spanish income stocks specifically, check the Spanish dividend stocks list.

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The table below lists the largest Spanish publicly traded companies by market capitalization, primarily traded on the Bolsa de Madrid. Data including price and market cap is updated regularly to reflect current market conditions.

Largest listed companies in Spain
StockPriceChangeChange %Marketcap
€50.56€0.240.47%157.56B
IBE.MC
Iberdrola
IBE.MC
€19.18€0.3851.97%129.58B
€9.25€0.1051.12%134.11B
€17.93€0.010.06%101.78B
CABK.MC
CaixaBank
CABK.MC
€9.95€0.1491.48%69.50B
€49.19€0.090.18%21.08B
NTGY.MC
Naturgy
NTGY.MC
€26.06€0.361.36%24.14B
€25.75€1.385.09%17.34B
€3.58€0.0541.49%20.19B
REP.MC
Repsol
REP.MC
€24.26€0.532.14%26.91B
ELE.MC
Endesa
ELE.MC
€34.70€0.591.67%35.94B
AENA.MC
Aena
AENA.MC
€25.28€0.040.16%37.92B
FER.MC
Ferrovial
FER.MC
€53.44€1.142.09%38.40B
ANA.MC
Acciona
ANA.MC
€208.00€2.601.23%11.34B
€3.99€0.0150.38%18.09B
ACS.MC
Grupo ACS
ACS.MC
€103.10€2.001.90%26.86B
€8.76€0.1381.55%5.96B
BKT.MC
Bankinter
BKT.MC
€13.08€0.0550.42%11.75B
MAP.MC
Mapfre
MAP.MC
€3.66€0.020.54%11.21B
€2.98€0.0451.49%14.70B
ENG.MC
Enagás
ENG.MC
€14.71€0.1651.11%3.82B
€13.61€0.322.30%7.66B
€10.40€0.10.95%4.92B
€5.04€0.11.95%3.12B
€2.49€0.0240.96%6.39B
€25.65€0.652.47%3.07B
FDR.MC
Fluidra
FDR.MC
€18.78€0.120.63%3.57B
VIS.MC
Viscofan
VIS.MC
€57.40€0.61.03%2.61B
VID.MC
Vidrala
VID.MC
€71.70€0.30.42%2.51B
ACX.MC
Acerinox
ACX.MC
€11.86€0.010.08%2.96B
EBRO.MC
Ebro Foods
EBRO.MC
€18.28€0.140.76%2.81B
€22.18€0.251.14%2.77B
€50.15€0.150.30%8.78B
€78.40€0.60.76%4.01B
SCYR.MC
Sacyr
SCYR.MC
€4.02€0.0681.66%3.21B
ALM.MC
Almirall
ALM.MC
€11.42€0.221.96%2.45B
€83.25€2.252.63%1.44B
€9.00€0.0650.73%1.98B
€4.42€0.0451.01%1.38B
€0.609€0.0081.33%890.75M
€10.75€0.151.38%1.63B
€54.40€0.61.09%1.86B
ENO.MC
Elecnor
ENO.MC
€30.00€0.20.67%2.54B
EAT.MC
AmRest
EAT.MC
€2.67€0.010.37%581.25M
€1.02€0.000000000000000.00%1.54B
€16.52€0.321.90%1.63B
AEDAS.MC
Aedas Homes
AEDAS.MC
€23.15€0.251.07%1.00B
€2.94€0.051.67%440.95M
€1.28€0.0060.47%573.38M
€14.10€0.10.71%528.81M
€8.52€0.000000000000000.00%325.75M
€2.74€0.051.79%208.01M
€1.56€0.0020.13%142.26M
TLGO.MC
Talgo S.A.
TLGO.MC
€2.75€0.051.79%367.10M
€18.60€0.000000000000000.00%756.89M
ECR.MC
Ercros
ECR.MC
€3.42€0.0351.01%312.25M
€0.406€0.0092.17%560.58M
€2.92€0.031.02%361.94M
€7.75€0.263.25%503.95M
ENER.MC
Ecoener
ENER.MC
€4.72€0.163.51%268.71M
€2.28€0.000000000000000.00%218.72M
€12.45€0.050.40%211.87M
€0.314€0.0082.61%422.77M
€8.94€0.020.22%305.76M
€2.48€0.041.64%201.86M
€6.90€0.11.43%473.64M
€0.152€0.00221.43%435.62M
€19.50€0.000000000000000.00%212.58M
AUD0.027AUD0.000000000000000.00%12.80M
€9.00€0.000000000000000.00%219.44M
€0.808€0.000000000000000.00%347.68M
€2.73€0.0250.91%215.27M
€16.00€0.21.27%292.37M
€0.228€0.0062.56%114.00M
€0.089€0.00010.11%138.47M
€3.50€0.000000000000000.00%43.79M
€2.60€0.051.89%155.87M
€2.06€0.000000000000000.00%47.22M
€0.281€0.00451.58%135.36M
€17.40€0.000000000000000.00%259.07M
€5.10€0.000000000000000.00%51.00M
VOC.MC
Vocento
VOC.MC
€0.712€0.0020.28%85.74M
€8.00€0.000000000000000.00%72.30M
€0.172€0.00382.16%37.05M
€9.56€0.141.44%116.21M
€3.04€0.000000000000000.00%36.49M
€2.30€0.14.17%45.69M
€0.256€0.00451.73%44.57M
€2.22€0.031.37%58.78M
€1.65€0.000000000000000.00%56.33M
€0.93€0.000000000000000.00%28.24M
€0.815€0.000000000000000.00%26.46M
€1.83€0.021.10%58.56M
€12.20€0.000000000000000.00%65.06M
€1.15€0.021.71%18.23M
€4.88€0.12.01%45.03M
€6.68€0.081.21%119.59M
€0.103€0.00555.07%13.15M
€0.89€0.011.14%16.11M
€2.00€0.000000000000000.00%9.64M
€3.20€0.020.62%67.92M
€1.96€0.000000000000000.00%11.41M
€0.0056€0.000000000000000.00%22.76M
€0.259€0.0031.17%7.44M
€0.69€0.000000000000000.00%8.92M
€0.54€0.000000000000000.00%6.22M
€3.86€0.082.12%10.73M
€28.60€0.41.38%1.63B
€0.0021€0.000000000000000.00%94.75M
€1.17€0.0020.17%1.27B
€5.65€0.050.88%65.76M
€20.52€0.040.20%6.66B
$2.57$0.031.15%45.00M
€0.78€0.0151.96%9.33M
€2.92€0.082.67%36.47M
€11.00€0.000000000000000.00%283.24M
€14.50€0.000000000000000.00%39.04M
€10.10€0.000000000000000.00%120.93M
€15.00€0.000000000000000.00%233.14M