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Home » Latest » Executive Roundtable » Colombia’s Largest Companies by market capitalization, 2024

Executive Roundtable

Colombia’s Largest Companies by market capitalization, 2024

Stock Exchange

As of February 17, 2025, ECOPETROL is the most valuable company in Colombia, with a market cap of $21.27 billion. Following it are GRUPO NUTRESA ($13.15 billion) and BANCOLOMBIA ($10.29 billion).

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

RankCompanyMarket Cap (US$)
1ECOPETROL S.A.$21.27 billion
2GRUPO NUTRESA S. A.$13.15 billion
3BANCOLOMBIA S.A.$10.29 billion
4GRUPO ENERGÍA BOGOTÁ S.A. E.S.P.$5.78 billion
5INTERCONEXIÓN ELÉCTRICA S.A. E.S.P.$4.82 billion
6GRUPO ARGOS S.A.$3.92 billion
7GRUPO DE INVERSIONES SURAMERICANA S.A.$3.76 billion
8CEMENTOS ARGOS S.A.$3.46 billion
9GRUPO AVAL ACCIONES Y VALORES S.A.$3.24 billion
10BAC HOLDING INTERNATIONAL CORP.$3.12 billion
11BANCO DE BOGOTÁ S.A.$2.52 billion
12BANCO DAVIVIENDA S.A.$2.24 billion
13PROMIGAS S.A. E.S.P.$1.91 billion
14COLOMBIA TELECOMUNICACIONES S. A. E.S.P. BIC$1.72 billion
15CELSIA COLOMBIA S.A. E.S.P.$1.71 billion
16CORPORACIÓN FINANCIERA COLOMBIANA S.A.$1.55 billion
17GRUPO BOLÍVAR S.A.$1.22 billion
18CELSIA S.A. E.S.P.$0.948 billion
19SOCIEDAD PORTAFOLIO S. A.$0.791 billion
20BANCO BILBAO VIZCAYA ARGENTARIA COLOMBIA S.A.$0.791 billion
21PATRIMONIO AUTÓNOMO ESTRATEGIAS INMOBILIARIAS (3-2-4241)$0.725 billion
22BANCO DE OCCIDENTE S.A.$0.650 billion
23ALMACENES ÉXITO S.A.$0.607 billion
24ORGANIZACIÓN TERPEL S.A.$0.543 billion
25RCN TELEVISIÓN S.A.$0.509 billion
26BANCO POPULAR S.A.$0.376 billion
27MINEROS S.A.$0.356 billion
28MAYAGÜEZ S.A.$0.175 billion
29CONSTRUCTORA CONCONCRETO S.A.$0.171 billion
30BOLSA DE VALORES DE COLOMBIA S.A.$0.165 billion

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Nikolas Anderson, D.Litt.
Nikolas Anderson, D.Litt. in Public Affairs and Global Journalism, is the Associate Editor at CEOWORLD Magazine, where he combines deep financial acumen with communications expertise to deliver content that speaks to global executives. With a background in economics and public policy, Nikolas began his career as an investment analyst before moving into media as a financial commentator and strategic communications advisor. He has worked with leading asset managers, policy think tanks, and international business outlets.

At CEOWORLD, Nikolas leads editorial initiatives focused on financial leadership, corporate messaging, and economic trends. His work often explores how macroeconomic forces impact brand value and investor confidence. He holds a degree in Economics from a top U.S. university and a master's in Global Strategic Communications. He is a contributor to several financial policy journals and a frequent speaker at executive roundtables.

With a data-informed, narrative-driven approach, Nikolas curates content that helps executives understand not just what’s happening in the markets—but how to communicate and lead through it. He believes in responsible journalism and strategic messaging as twin engines of trust and influence in today’s corporate world.

Email Nikolas Anderson at nikolas@ceoworld.biz