Larsen & Toubro Limited
Market Cap
$66.7B
Global Rank
#233
All-Time High
$67.4B
2026-08-10
Total Growth
+0%
since 2026
Market Cap Context
- Larger than 37% of the 367 companies we track (globally).
- Equivalent to 1.7% of India's GDP (2025 data).
- Just above: #232 Petrรณleo Brasileiro S.A. - Petrobras ($66.7B)
- Just below: #234 Wesfarmers Limited ($66.0B)
- Best year: 2007 (+191%). Worst year: 2008 (-63%).
Larsen & Toubro Limited Financial Breakdown (FY 2026)
Source: Yahoo Finance โ LT.NS annual filings (2026) (converted from INR at 83.5) โ$34.0B revenue ยท $3.2B operating income ยท $1.9B net income
- โOperating margin: 9.5% on $34.0B in revenue.
- โNet income margin: 5.7% โ $1.9B in profit.
- โFree cash flow: $1.4B (4.2% of revenue).
Cost / Operating Expenses
Total operating expenses $30.8B
Total
$23.9B
Capital Expenditures
$0.6B
This fiscal year (near-total AI infrastructure buildout)
Free Cash Flow
$1.4B
Trailing twelve months
Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.
About Larsen & Toubro Limited
Larsen & Toubro Limited (L&T) is an Indian multinational conglomerate headquartered in Mumbai. It operates in sectors including industrial technology, heavy industry, engineering, construction, manufacturing, power, information technology, defence, and financial services.
Larsen & Toubro Limited Market Cap History (2026โ2026)
Larsen & Toubro Limited vs Sector Peers by Market Cap
Compare Larsen & Toubro Limited
Ranking History
| Year | Market Cap | Rank | YoY Change |
|---|---|---|---|
| 2026 | $66.7B | #233(โ26) | -0.1% |
| 2025 | $66.8B | #207(โ6) | +14.2% |
| 2024 | $58.4B | #213(โ23) | +3.1% |
| 2023 | $56.7B | #190(โ67) | +71.0% |
| 2022 | $33.1B | #257(โ28) | +11.4% |
| 2021 | $29.7B | #285(โ19) | +48.9% |
| 2020 | $20.0B | #304(โ24) | +3.4% |
| 2019 | $19.3B | #280(โ50) | -8.5% |
| 2018 | $21.1B | #230(โ15) | +15.7% |
| 2017 | $18.2B | #245(โ10) | +43.3% |
| 2016 | $12.7B | #255(โ9) | +7.1% |
| 2015 | $11.9B | #246(โ10) | -13.8% |
| 2014 | $13.8B | #236(โ12) | +41.0% |
| 2013 | $9.8B | #248(โ36) | +1.5% |
| 2012 | $9.6B | #212(โ25) | +63.5% |
| 2011 | $5.9B | #237(โ63) | -49.3% |
| 2010 | $11.6B | #174(โ10) | +18.8% |
| 2009 | $9.8B | #184(โ22) | +118.4% |
| 2008 | $4.5B | #206(โ36) | -62.7% |
| 2007 | $12.0B | #170(โ66) | +190.9% |
| 2006 | $4.1B | #236(โ8) | +58.2% |
| 2005 | $2.6B | #244(โ3) | +89.9% |
| 2004 | $1.4B | #247(โ9) | -3.7% |
| 2003 | $1.4B | #238(โ7) | +147.2% |
| 2002 | $576.7M | #245 |
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FAQ
What is Larsen & Toubro Limited's market cap?
Larsen & Toubro Limited (LT.NS) has a market capitalization of $66.7B, making it the #233 largest company in the world by market cap.
What was Larsen & Toubro Limited's highest market cap?
Larsen & Toubro Limited's all-time high market cap was $67.4B, reached in 2026-08-10. Its highest rank was #207 in 2025.
What sector is Larsen & Toubro Limited in?
Larsen & Toubro Limited is in the Industrials sector, specifically the Engineering & Construction industry. It is based in India.
How has Larsen & Toubro Limited's market cap changed over time?
Larsen & Toubro Limited has been tracked since 2026. Its market cap has grown by 0% from $66.7B in 2026 to $66.7B today.