Iceland’s Largest Companies by market capitalization, 2024

As of December 23, 2024, MAREL HF is the most valuable company in Iceland, with a market cap of $3.18 billion. Following it are ARION BANKI HF ($1.66 billion) and ÍSLANDSBANKI HF ($1.66 billion).
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) |
|---|---|---|
| 1 | MAREL HF. | $3.18 billion |
| 2 | ARION BANKI HF. | $1.66 billion |
| 3 | ÍSLANDSBANKI HF. | $1.66 billion |
| 4 | SILDARVINNSLAN HF. | $1.25 billion |
| 5 | BRIM HF. | $1.01 billion |
| 6 | ÍSFÉLAG HF. | $0.900 billion |
| 7 | HAGAR HF | $0.809 billion |
| 8 | KVIKA BANKI HF. | $0.672 billion |
| 9 | FESTI HF. | $0.621 billion |
| 10 | REITIR FASTEIGNAFÉLAG HF. | $0.564 billion |
| 11 | HAMPIÐJAN HF. | $0.481 billion |
| 12 | HEIMAR HF. | $0.476 billion |
| 13 | EIMSKIPAFÉLAG ÍSLANDS HF. | $0.459 billion |
| 14 | ICELANDAIR GROUP HF. | $0.422 billion |
| 15 | SJÓVÁ-ALMENNAR TRYGGINGAR HF. | $0.390 billion |
| 16 | ÖLGERÐIN EGILL SKALLAGRÍMSSON HF. | $0.377 billion |
| 17 | EIK FASTEIGNAFÉLAG HF. | $0.333 billion |
| 18 | VÁTRYGGINGAFÉLAG ÍSLANDS HF. | $0.275 billion |
| 19 | SKEL FJÁRFESTINGAFÉLAG HF. | $0.256 billion |
| 20 | SÍMINN HF. | $0.248 billion |
| 21 | KALDALÓN HF. | $0.215 billion |
| 22 | NOVA KLÚBBURINN HF. | $0.112 billion |
| 23 | ICELAND SEAFOOD INTERNATIONAL HF. | $0.110 billion |
| 24 | SÝN HF. | $0.056 billion |
| 25 | KLAPPIR GRÆNAR LAUSNIR HF. | $0.027 billion |
| 26 | FLY PLAY HF. | $0.013 billion |
| 27 | SLÁTURFÉLAGS SUÐURLANDS SVF. | $0.011 billion |
| 28 | SOLID CLOUDS HF | $0.005 billion |
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