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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 29, 2024, COMMONWEALTH BANK OF AUSTRALIA is the most valuable company in Australia, with a market cap of $172 billion. Following it are the BHP GROUP LIMITED ($132 billion) and CSL LIMITED ($89.74 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$172 billion
2BHP GROUP LIMITED$132 billion
3CSL LIMITED$89.74 billion
4NATIONAL AUSTRALIA BANK LIMITED$78.73 billion
5WESTPAC BANKING CORPORATION$74.55 billion
6ANZ GROUP HOLDINGS LIMITED$60.86 billion
7MACQUARIE GROUP LIMITED$55.01 billion
8WESFARMERS LIMITED$52.86 billion
9GOODMAN GROUP$47.49 billion
10FORTESCUE LTD$37.38 billion
11WOODSIDE ENERGY GROUP LTD$30.1 billion
12TELSTRA GROUP LIMITED$29.63 billion
13ARISTOCRAT LEISURE LIMITED$27.75 billion
14WISETECH GLOBAL LIMITED$27.13 billion
15TRANSURBAN GROUP$26.18 billion
16WOOLWORTHS GROUP LIMITED$24.06 billion
17REA GROUP LIMITED$21.63 billion
18QBE INSURANCE GROUP LIMITED$19.57 billion
19XERO LIMITED$17.46 billion
20BRAMBLES LIMITED$17.3 billion
21PRO MEDICUS LIMITED$16.85 billion
22SUNCORP GROUP LIMITED$16.26 billion
23COLES GROUP LIMITED$16.09 billion
24JAMES HARDIE INDUSTRIES PLC$15.83 billion
25SANTOS LIMITED$13.87 billion
26COCHLEAR LIMITED$13.08 billion
27INSURANCE AUSTRALIA GROUP LIMITED$13.01 billion
28SGH LIMITED$12.97 billion
29NORTHERN STAR RESOURCES LIMITED$12.97 billion
30SCENTRE GROUP$12.56 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.