No. 7: Siemens Healthineers
2017 revenues: $15,581,570,000 (€13,789,000,000)
Fiscal year ending: September 30, 2017
Bernd Montag, CEO; Jochen Schmitz, CFO; Michael Reitermann, president, diagnostics
The big news came last March, when Siemens raised more than $5 billion in an initial public offering for its healthcare business. Investors paid €28.00 per share for 150 million shares, for a collective 15% stake in Siemens Healthineers, raising €4.2 billion ($5.18 billion). The stock, which debuted up 3.9% at €29.10 apiece, was trading at €37.89, up 30.2% as of this writing in late August. The IPO put Siemens Healthineers’ market cap at €28 billion, or about $34.52 billion, at the lower end of the expected €26 billion to €31 billion range ($32.05 billion to $38.21 billion).