As of March 10, 2024, MAREL HF is the most valuable company in Iceland, with a market cap of $2.59 billion. Following it are ARION BANKI HF ($1.65 billion) and ÍSLANDSBANKI HF ($1.55 billion). Iceland’s top five most valuable companies include some of the world’s most renowned brands: SILDARVINNSLAN H (No. 4, $1.31 billion) and BRIM HF (No. 5, $1.12 billion).
Overall, among Iceland’s largest companies by market capitalization, the sixth, seventh, eighth, and ninth positions are held by ÍSFÉLAG HF, HAMPIÐJAN HF, HAGAR HF, and KVIKA BANKI HF.
Which one is the most valuable in Iceland by market cap?
This list comprises the biggest companies currently in Iceland by market cap in 2024:
Iceland’s Largest Companies by market capitalization, 2024
| RANK | COMPANY | MARKET CAPTIAL (USD DOLLAR) | CEO |
|---|---|---|---|
| 1 | MAREL HF. | $2.59 billion | Arni Sigurdsso |
| 2 | ARION BANKI HF. | $1.65 billion | Benedikt Gíslason |
| 3 | ÍSLANDSBANKI HF. | $1.55 billion | Jón Guðni Ómarsson |
| 4 | SILDARVINNSLAN HF. | $1.31 billion | Gunnþór Ingvason |
| 5 | BRIM HF. | $1.12 billion | Kristján Þ. Davíðsson |
| 6 | ÍSFÉLAG HF. | $0.959 billion | Stefán Friðriksson |
| 7 | HAMPIÐJAN HF. | $0.669 billion | Hjörtur Erlendsson |
| 8 | HAGAR HF | $0.591 billion | Finnur Oddsson |
| 9 | KVIKA BANKI HF. | $0.526 billion | Armann Harri Thorvaldsson |
| 10 | EIMSKIPAFÉLAG ÍSLANDS HF. | $0.461 billion | Baldvin Þorsteinsson |
| 11 | REITIR FASTEIGNAFÉLAG HF. | $0.428 billion | Guðjón Auðunsson |
| 12 | FESTI HF. | $0.425 billion | Ásta Sigríður Fjeldsted |
| 13 | ÖLGERÐIN EGILL SKALLAGRÍMSSON HF. | $0.366 billion | Andri Þór Guðmundsson |
| 14 | ICELANDAIR GROUP HF. | $0.355 billion | Bogi Nils Bogason |
| 15 | SJÓVÁ-ALMENNAR TRYGGINGAR HF. | $0.352 billion | Hermann Björnsson |
| 16 | REGINN HF. | $0.334 billion | Baldur Már Helgason |
| 17 | EIK FASTEIGNAFÉLAG HF. | $0.276 billion | Bjarni K. Thorvardarson |
| 18 | VÁTRYGGINGAFÉLAG ÍSLANDS HF. | $0.255 billion | Guony Helga Herbertsdottir |
| 19 | SKEL FJÁRFESTINGAFÉLAG HF. | $0.227 billion | Ólafur Þór Jóhannesson |
| 20 | SÍMINN HF. | $0.190 billion | Orri Hauksson |
| 21 | KALDALÓN HF. | $0.147 billion | Jon Thor Gunnarsson |
| 22 | ICELAND SEAFOOD INTERNATIONAL HF. | $0.136 billion | Ægir Páll |
| 23 | NOVA KLÚBBURINN HF. | $0.114 billion | Margret Bjork Tryggvadottir |
| 24 | SÝN HF. | $0.077 billion | Herdis Drofn Fjeldsted |
| 25 | FLY PLAY HF. | $0.032 billion | Birgir Jonsson |
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