Carlsberg A/S
Market Cap
$13.2B
Global Rank
#339
All-Time High
$17.6B
2026-12-31
Total Growth
+0%
since 2026
Market Cap Context
- Larger than 8% of the 367 companies we track (globally).
- Equivalent to 2.9% of Denmark's GDP (2025 data).
- Just above: #338 lululemon athletica inc. ($13.6B)
- Just below: #340 Henkel AG & Co. KGaA ($12.8B)
- Best year: 2009 (+128%). Worst year: 2008 (-65%).
Carlsberg A/S Financial Breakdown (FY 2025)
Source: Yahoo Finance — CARL-B.CO annual filings (2025) (converted from DKK at 6.85) →$13.0B revenue · $1.8B operating income · $0.9B net income
- ●Operating margin: 14.2% on $13.0B in revenue.
- ●R&D is 0.2% of revenue ($0.0B).
- ●Net income margin: 6.7% — $0.9B in profit.
- ●Free cash flow: $1.0B (7.7% of revenue).
Cost / Operating Expenses
Total operating expenses $11.2B
Total
$11.3B
Capital Expenditures
$0.8B
This fiscal year (near-total AI infrastructure buildout)
Free Cash Flow
$1.0B
Trailing twelve months
Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.
About Carlsberg A/S
Carlsberg A/S is a Danish multinational brewer. Founded in 1847 by J. C. Jacobsen, the company's headquarters is in Copenhagen, Denmark. Since Jacobsen's death in 1887, the majority owner of the company has been the Carlsberg Foundation. The company's flagship brand is Carlsberg, named after Jacobsen's son Carl Jacobsen. The company employs around 33,000 people, primarily in Europe and Asia. Carlsberg is currently the seventh largest brewery in the world based on revenue.
Carlsberg A/S Market Cap History (2026–2026)
Carlsberg A/S vs Sector Peers by Market Cap
Compare Carlsberg A/S
Ranking History
| Year | Market Cap | Rank | YoY Change |
|---|---|---|---|
| 2026 | $13.2B | #339(↑8) | +14.4% |
| 2025 | $11.5B | #347 | +24.7% |
| 2024 | $9.2B | #347(↓2) | -16.1% |
| 2023 | $11.0B | #345(↓8) | -5.7% |
| 2022 | $11.7B | #337(↓5) | -15.8% |
| 2021 | $13.9B | #332(↑1) | +18.4% |
| 2020 | $11.7B | #333(↓19) | +1.0% |
| 2019 | $11.6B | #314(↓11) | +46.7% |
| 2018 | $7.9B | #303(↓5) | -4.9% |
| 2017 | $8.3B | #298(↓8) | +24.2% |
| 2016 | $6.7B | #290(↓11) | +1.0% |
| 2015 | $6.6B | #279(↑6) | +30.0% |
| 2014 | $5.1B | #285(↓10) | -19.0% |
| 2013 | $6.3B | #275(↓20) | +9.4% |
| 2012 | $5.8B | #255(↑2) | +38.5% |
| 2011 | $4.2B | #257(↓17) | -26.8% |
| 2010 | $5.7B | #240(↑7) | +46.6% |
| 2009 | $3.9B | #247(↑14) | +128.0% |
| 2008 | $1.7B | #261(↓24) | -65.3% |
| 2007 | $4.9B | #237(↓5) | +11.1% |
| 2006 | $4.4B | #232(↑11) | +68.0% |
| 2005 | $2.6B | #243(↓4) | +24.2% |
| 2004 | $2.1B | #239(↓11) | +3.6% |
| 2003 | $2.0B | #228(↓26) | -10.7% |
| 2002 | $2.3B | #202(↑4) | -9.4% |
| 2001 | $2.5B | #206(↓31) | -24.4% |
| 2000 | $3.3B | #175 |
Other Consumer Defensive Companies
FAQ
What is Carlsberg A/S's market cap?
Carlsberg A/S (CARL-B.CO) has a market capitalization of $13.2B, making it the #339 largest company in the world by market cap.
What was Carlsberg A/S's highest market cap?
Carlsberg A/S's all-time high market cap was $17.6B, reached in 2026-12-31. Its highest rank was #332 in 2021.
What sector is Carlsberg A/S in?
Carlsberg A/S is in the Consumer Defensive sector, specifically the Beverages - Brewers industry. It is based in Denmark.
How has Carlsberg A/S's market cap changed over time?
Carlsberg A/S has been tracked since 2026. Its market cap has grown by 0% from $13.2B in 2026 to $13.2B today.