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CEOWORLD magazine - Latest - Banking and Finance - Australia’s Largest Companies by market capitalization, 2024

Banking and Finance

Australia’s Largest Companies by market capitalization, 2024

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As of January 24, 2025, COMMONWEALTH BANK OF AUSTRALIA is the most valuable company in Australia, with a market cap of $166 billion. Following it are the BHP GROUP LIMITED ($125 billion) and CSL LIMITED ($82.08 billion).

Which one is the most valuable in Australia by market cap? This list comprises the biggest companies currently in Australia by market cap in 2024:

Australia’s Largest Companies by market capitalization, 2024

RANKCOMPANYMARKET CAPITAL (USD DOLLAR)
1COMMONWEALTH BANK OF AUSTRALIA$166 billion
2BHP GROUP LIMITED$125 billion
3CSL LIMITED$82.08 billion
4NATIONAL AUSTRALIA BANK LIMITED$75.38 billion
5WESTPAC BANKING CORPORATION$70.93 billion
6ANZ GROUP HOLDINGS LIMITED$56.35 billion
7MACQUARIE GROUP LIMITED$54.57 billion
8WESFARMERS LIMITED$51.54 billion
9GOODMAN GROUP$45.84 billion
10FORTESCUE LTD$35.96 billion
11WOODSIDE ENERGY GROUP LTD$29.74 billion
12TELSTRA GROUP LIMITED$28.77 billion
13TRANSURBAN GROUP$26.62 billion
14ARISTOCRAT LEISURE LIMITED$26.62 billion
15WISETECH GLOBAL LIMITED$25.39 billion
16WOOLWORTHS GROUP LIMITED$22.82 billion
17REA GROUP LIMITED$19.98 billion
18QBE INSURANCE GROUP LIMITED$19.23 billion
19PRO MEDICUS LIMITED$17.73 billion
20BRAMBLES LIMITED$16.74 billion
21XERO LIMITED$16.52 billion
22COLES GROUP LIMITED$16.05 billion
23SUNCORP GROUP LIMITED$16.02 billion
24JAMES HARDIE INDUSTRIES PLC$14.64 billion
25SANTOS LIMITED$14.5 billion
26INSURANCE AUSTRALIA GROUP LIMITED$13.09 billion
27COCHLEAR LIMITED$12.81 billion
28COMPUTERSHARE LIMITED$12.58 billion
29NORTHERN STAR RESOURCES LIMITED$12.41 billion
30ORIGIN ENERGY LIMITED$12.21 billion

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CEOWORLD magazine - Latest - Banking and Finance - Australia’s Largest Companies by market capitalization, 2024
Nikolas Anderson
Associate Editor at CEOWORLD Magazine. I report on CEOs, boards, corporate governance, what’s going on inside the world’s biggest companies, and the future of work. Previously, I was Senior Energy Correspondent covering oil and gas companies, G-20 energy policy, and the global transition towards cleaner fuels.