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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 November 19, 2024, 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 ($133 billion) and CSL LIMITED ($85.57 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$133 billion
3CSL LIMITED$85.57 billion
4NATIONAL AUSTRALIA BANK LIMITED$77.85 billion
5WESTPAC BANKING CORPORATION$74.05 billion
6ANZ GROUP HOLDINGS LIMITED$62.6 billion
7MACQUARIE GROUP LIMITED$54.27 billion
8WESFARMERS LIMITED$51.95 billion
9GOODMAN GROUP$46.03 billion
10FORTESCUE LTD$35.82 billion
11WOODSIDE ENERGY GROUP LTD$29.68 billion
12TELSTRA GROUP LIMITED$29.28 billion
13WISETECH GLOBAL LIMITED$29.18 billion
14ARISTOCRAT LEISURE LIMITED$27.69 billion
15TRANSURBAN GROUP$25.25 billion
16WOOLWORTHS GROUP LIMITED$23.67 billion
17REA GROUP LIMITED$20.72 billion
18QBE INSURANCE GROUP LIMITED$18.87 billion
19BRAMBLES LIMITED$17.34 billion
20XERO LIMITED$16.89 billion
21SUNCORP GROUP LIMITED$15.95 billion
22COLES GROUP LIMITED$15.75 billion
23JAMES HARDIE INDUSTRIES PLC$15.36 billion
24SANTOS LIMITED$14.33 billion
25PRO MEDICUS LIMITED$14.13 billion
26COCHLEAR LIMITED$12.44 billion
27INSURANCE AUSTRALIA GROUP LIMITED$12.37 billion
28SEVEN GROUP$12.18 billion
29NORTHERN STAR RESOURCES LIMITED$12.11 billion
30SCENTRE GROUP$11.86 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.