Larsen & Toubro Limited
Market Cap
$64.0B
Global Rank
#228
All-Time High
$68.0B
2026-08-25
Total Growth
+0%
since 2026
Market Cap Context
- Larger than 38% of the 367 companies we track (globally).
- Equivalent to 1.6% of India's GDP (2025 data).
- Just above: #227 American Electric Power Company, Inc. ($64.4B)
- Just below: #229 Takeda Pharmaceutical Company Limited ($63.9B)
- Best year: 2007 (+191%). Worst year: 2008 (-63%).
Larsen & Toubro Limited Financial Breakdown (FY 2026)
Source: Yahoo Finance — LT.NS annual filings (2026) (converted from INR at 83.5) →$34.0B revenue · $3.2B operating income · $1.9B net income
- ●Operating margin: 9.5% on $34.0B in revenue.
- ●Net income margin: 5.7% — $1.9B in profit.
- ●Free 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 (2026–2026)
Larsen & Toubro Limited vs Sector Peers by Market Cap
Compare Larsen & Toubro Limited
Ranking History
| Year | Market Cap | Rank | YoY Change |
|---|---|---|---|
| 2026 | $64.0B | #228(↓21) | -4.1% |
| 2025 | $66.8B | #207(↑6) | +14.2% |
| 2024 | $58.4B | #213(↓23) | +3.1% |
| 2023 | $56.7B | #190(↑67) | +71.0% |
| 2022 | $33.1B | #257(↑28) | +11.4% |
| 2021 | $29.7B | #285(↑19) | +48.9% |
| 2020 | $20.0B | #304(↓24) | +3.4% |
| 2019 | $19.3B | #280(↓50) | -8.5% |
| 2018 | $21.1B | #230(↑15) | +15.7% |
| 2017 | $18.2B | #245(↑10) | +43.3% |
| 2016 | $12.7B | #255(↓9) | +7.1% |
| 2015 | $11.9B | #246(↓10) | -13.8% |
| 2014 | $13.8B | #236(↑12) | +41.0% |
| 2013 | $9.8B | #248(↓36) | +1.5% |
| 2012 | $9.6B | #212(↑25) | +63.5% |
| 2011 | $5.9B | #237(↓63) | -49.3% |
| 2010 | $11.6B | #174(↑10) | +18.8% |
| 2009 | $9.8B | #184(↑22) | +118.4% |
| 2008 | $4.5B | #206(↓36) | -62.7% |
| 2007 | $12.0B | #170(↑66) | +190.9% |
| 2006 | $4.1B | #236(↑8) | +58.2% |
| 2005 | $2.6B | #244(↑3) | +89.9% |
| 2004 | $1.4B | #247(↓9) | -3.7% |
| 2003 | $1.4B | #238(↑7) | +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 $64.0B, making it the #228 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 $68.0B, reached in 2026-08-25. 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 $64.0B in 2026 to $64.0B today.