Australia’s Largest Companies by market capitalization, 2024

As of February 18, 2025, COMMONWEALTH BANK OF AUSTRALIA is the most valuable company in Australia, with a market cap of $176 billion. Following it are the BHP GROUP LIMITED ($132 billion) and NATIONAL AUSTRALIA BANK LIMITED ($79.85 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
| RANK | COMPANY | MARKET CAPITAL (USD DOLLAR) |
|---|---|---|
| 1 | COMMONWEALTH BANK OF AUSTRALIA | $176 billion |
| 2 | BHP GROUP LIMITED | $132 billion |
| 3 | NATIONAL AUSTRALIA BANK LIMITED | $79.85 billion |
| 4 | CSL LIMITED | $79.12 billion |
| 5 | WESTPAC BANKING CORPORATION | $75.66 billion |
| 6 | ANZ GROUP HOLDINGS LIMITED | $59.08 billion |
| 7 | WESFARMERS LIMITED | $56.83 billion |
| 8 | MACQUARIE GROUP LIMITED | $54.5 billion |
| 9 | GOODMAN GROUP | $43.3 billion |
| 10 | FORTESCUE LTD | $38.19 billion |
| 11 | ARISTOCRAT LEISURE LIMITED | $30.66 billion |
| 12 | WOODSIDE ENERGY GROUP LTD | $29.65 billion |
| 13 | TELSTRA GROUP LIMITED | $28.56 billion |
| 14 | TRANSURBAN GROUP | $26.26 billion |
| 15 | WISETECH GLOBAL LIMITED | $26.17 billion |
| 16 | WOOLWORTHS GROUP LIMITED | $23.89 billion |
| 17 | REA GROUP LIMITED | $22.73 billion |
| 18 | QBE INSURANCE GROUP LIMITED | $19.26 billion |
| 19 | PRO MEDICUS LIMITED | $18.85 billion |
| 20 | XERO LIMITED | $18.07 billion |
| 21 | BRAMBLES LIMITED | $16.96 billion |
| 22 | COLES GROUP LIMITED | $16.74 billion |
| 23 | SUNCORP GROUP LIMITED | $16.15 billion |
| 24 | COMPUTERSHARE LIMITED | $15.83 billion |
| 25 | SANTOS LIMITED | $14.34 billion |
| 26 | SGH LIMITED | $14.12 billion |
| 27 | JAMES HARDIE INDUSTRIES PLC | $14.07 billion |
| 28 | NORTHERN STAR RESOURCES LIMITED | $13.5 billion |
| 29 | SCENTRE GROUP | $12.16 billion |
| 30 | INSURANCE AUSTRALIA GROUP LIMITED | $11.74 billion |
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