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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 September 6, 2024, COMMONWEALTH BANK OF AUSTRALIA  is the most valuable company in Australia, with a market cap of $159 billion. Following it are the BHP GROUP LIMITED ($133 billion) and CSL LIMITED ($98.59 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$159 billion
2BHP GROUP LIMITED$133 billion
3CSL LIMITED$98.59 billion
4NATIONAL AUSTRALIA BANK LIMITED$79.48 billion
5WESTPAC BANKING CORPORATION$73.08 billion
6ANZ GROUP HOLDINGS LIMITED$62.64 billion
7MACQUARIE GROUP LIMITED$53.69 billion
8WESFARMERS LIMITED$52.77 billion
9GOODMAN GROUP$42.63 billion
10FORTESCUE LTD$33.34 billion
11WOODSIDE ENERGY GROUP LTD$31.9 billion
12TELSTRA GROUP LIMITED$30.33 billion
13TRANSURBAN GROUP$28.59 billion
14WOOLWORTHS GROUP LIMITED$28.15 billion
15WISETECH GLOBAL LIMITED$27.52 billion
16ARISTOCRAT LEISURE LIMITED$22.89 billion
17REA GROUP LIMITED$18.23 billion
18BRAMBLES LIMITED$17.19 billion
19COLES GROUP LIMITED$16.5 billion
20QBE INSURANCE GROUP LIMITED$16.2 billion
21JAMES HARDIE INDUSTRIES PLC$15.9 billion
22SANTOS LIMITED$15.28 billion
23SUNCORP GROUP LIMITED$15.18 billion
24XERO LIMITED$14.78 billion
25COCHLEAR LIMITED$12.85 billion
26INSURANCE AUSTRALIA GROUP LIMITED$12.25 billion
27SCENTRE GROUP$12.11 billion
28REECE LIMITED$11.39 billion
29NORTHERN STAR RESOURCES LIMITED$11.2 billion
30COMPUTERSHARE LIMITED$11.1 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.