As of March 5, 2024, ECOPETROL is the most valuable company in Colombia, with a market cap of $23.37 billion. Following it are BANCOLOMBIA ($7.97 billion) and GRUPO NUTRESA ($5.42 billion). Colombia’s top five most valuable companies include some of the world’s most renowned brands: GRUPO ENERGÍA BOGOTÁ (No. 4, $5.23 billion) and INTERCONEXIÓN ELÉCTRICA (No. 5, $5.74 billion).
Overall, among Colombia’s largest companies by market capitalization, the sixth, seventh, eighth, and ninth positions are held by GRUPO DE INVERSIONES SURAMERICANA, BANCO DE BOGOTÁ, GRUPO ARGOS S.A., and GRUPO AVAL ACCIONES Y VALORES.
Which one is the most valuable in Colombia by market cap?
This list comprises the biggest companies currently in Colombia by market cap in 2024:
Colombia’s Largest Companies by market capitalization, 2024
| Rank | Company | Market Cap (US$) | CEO |
|---|---|---|---|
| 1 | ECOPETROL S.A. | $23.37billion | Alberto Consuegra Granger |
| 2 | BANCOLOMBIA S.A. | $7.97billion | Juan Carlos Mora Uribe |
| 3 | GRUPO NUTRESA S. A. | $5.42billion | Carlos Ignacio Gallego Palacio |
| 4 | GRUPO ENERGÍA BOGOTÁ S.A. E.S.P. | $5.23billion | Juan Ricardo Ortega Lopez |
| 5 | INTERCONEXIÓN ELÉCTRICA S.A. E.S.P. | $4.74billion | Juan Emilio Posada Echeverri |
| 6 | GRUPO DE INVERSIONES SURAMERICANA S.A. | $3.98billion | Gonzalo Alberto Pérez Rojas |
| 7 | BANCO DE BOGOTÁ S.A. | $2.93billion | Alejandro Figueroa Jaramillo |
| 8 | GRUPO ARGOS S.A. | $2.9billion | Luis Sarmiento Gutierrez |
| 9 | GRUPO AVAL ACCIONES Y VALORES S.A. | $2.88billion | Jorge Mario Velásquez |
| 10 | BAC HOLDING INTERNATIONAL CORP. | $2.65billion | Rodolfo Tabash Espinach |
| 11 | BANCO DAVIVIENDA S.A. | $2.29billion | Arturo Giacomin Zuñiga |
| 12 | CEMENTOS ARGOS S.A. | $2.08billion | Juan Esteban Calle |
| 13 | COLOMBIA TELECOMUNICACIONES S. A. E.S.P. BIC | $1.8billion | Fabián Andrés Hernández Ramírez |
| 14 | CELSIA COLOMBIA S.A. E.S.P. | $1.79billion | Ricardo Andrés Sierra Fernández |
| 15 | PROMIGAS S.A. E.S.P. | $1.47billion | Juan Manuel Rojas Payán |
| 16 | CORPORACIÓN FINANCIERA COLOMBIANA S.A. | $1.32billion | Bernardo Noreña Ocampo |
| 17 | GRUPO BOLÍVAR S.A. | $1.21billion | Miguel Cortés Kotal |
| 18 | CELSIA S.A. E.S.P. | $1.01billion | Ricardo Andrés Sierra Fernández |
| 19 | BANCO BILBAO VIZCAYA ARGENTARIA COLOMBIA S.A. | $0.872billion | MARIO PARDO BAYONA |
| 20 | ALMACENES ÉXITO S.A. | $0.817billion | Carlos Mario Giraldo Moreno |
| 21 | PEI | $0.741billion | Andrés Felipe Arango Botero |
| 22 | SOCIEDAD PORTAFOLIO SA | $0.720billion | Carl Pei |
| 23 | RCN TELEVISIÓN S.A. | $0.531billion | Carlos Ardila Lülle |
| 24 | BANCO DE OCCIDENTE S.A. | $0.490billion | Gerardo Silva Castro |
| 25 | BANCO POPULAR S.A. | $0.431billion | Carlos Eduardo Upegui Cuartas |
| 26 | ACERÍAS PAZ DEL RÍO S. A. | $44.18billion | Vicente Enrique Noero Arango |
| 27 | COMPANIA DE ELECTRICIDAD DE TULUA S.A. E.S.P. | $42.12billion | JULIAN DARIO CADAVID VELASQUEZ |
| 28 | GAS NATURAL DEL ORIENTE S.A., ESP | $41.39billion | STEVE PULLEY |
| 29 | COOMEVA ENTIDAD PROMOTORA DE SALUD S.A. | $31.82billion | Carlos Alberto Barraza Coronell |
| 30 | BMC BOLSA MERCANTIL DE COLOMBIA S.A. | $24.94billion | Sergio Enrique Villamizar Ortiz |
| 31 | CLÍNICA DE MARLY S.A. | $23.03billion | Luis Eduardo Castro |
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