Juventus are the only Serie A side in the latest UEFA Club ranking top 10 with Bayern Munich in the first place.
The Bianconeri were eighth in the list which was updated following the Europa League final, and the 11th-placed Roma were the only other Italian side in the top 20.
Bayern were first with Champions League finalists Liverpool the first of four Premier League teams in the top 10.
The next Italian team on the list after the Giallorossi were Inter, in 23rd place, with Atalanta and then Napoli immediately following.
Lazio was next in 31st place with Milan, the second-most successful team in European Cup history with seven wins, down in 45th.
UEFA works out club coefficients based on the results of those competing in the Champions League, Europa League and Conference League over the past five seasons.
Milan was absent from the Champions League from 2014 to 2021 when they finished bottom of their group on their return and were eliminated.