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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 December 20, 2024, COMMONWEALTH BANK OF AUSTRALIA is the most valuable company in Australia, with a market cap of $163 billion. Following it are the BHP GROUP LIMITED ($126 billion) and CSL LIMITED ($84.5 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$163 billion
2BHP GROUP LIMITED$126 billion
3CSL LIMITED$84.5 billion
4NATIONAL AUSTRALIA BANK LIMITED$71.36 billion
5WESTPAC BANKING CORPORATION$68.89 billion
6ANZ GROUP HOLDINGS LIMITED$53.24 billion
7WESFARMERS LIMITED$52.02 billion
8MACQUARIE GROUP LIMITED$51.03 billion
9GOODMAN GROUP$43.08 billion
10FORTESCUE LTD$34.37 billion
11TELSTRA GROUP LIMITED$28.69 billion
12WOODSIDE ENERGY GROUP LTD$27.46 billion
13ARISTOCRAT LEISURE LIMITED$26.91 billion
14TRANSURBAN GROUP$26.13 billion
15WISETECH GLOBAL LIMITED$24.76 billion
16WOOLWORTHS GROUP LIMITED$23.2 billion
17REA GROUP LIMITED$19.62 billion
18QBE INSURANCE GROUP LIMITED$18.21 billion
19BRAMBLES LIMITED$16.81 billion
20PRO MEDICUS LIMITED$16.37 billion
21XERO LIMITED$15.9 billion
22COLES GROUP LIMITED$15.65 billion
23SUNCORP GROUP LIMITED$15.17 billion
24JAMES HARDIE INDUSTRIES PLC$13.72 billion
25SANTOS LIMITED$12.9 billion
26INSURANCE AUSTRALIA GROUP LIMITED$12.55 billion
27COMPUTERSHARE LIMITED$12.3 billion
28COCHLEAR LIMITED$11.92 billion
29SGH LIMITED$11.51 billion
30ORIGIN ENERGY LIMITED$11.18 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.