Company Rankings

Largest Companies in Australia (2026)

The 25 largest Australian companies ranked by revenue, using figures from the Forbes Global 2000 for 2026, with profits, market values and headquarters.

Australia's largest companies are concentrated in mining, banking, retail and energy. In the Forbes Global 2000 for 2026, 32 Australian companies qualified, the same number as in 2025, and Commonwealth Bank was the highest-ranked at 74th.

This list ranks the 25 largest of those companies by revenue. BHP leads with US$54.0bn, followed by Woolworths Group at US$45.3bn and the four major banks, Commonwealth Bank, ANZ, National Australia Bank and Westpac, each with more than US$37bn.

Mining and energy are represented by nine companies in the full Forbes list, including BHP, Fortescue, Woodside Energy and Santos.

Contents
  1. Sector composition
  2. Revenue, profit and market value
  3. Methodology
  4. The list
  5. Comparison table
  6. Frequently asked questions
  7. See also

Sector composition

Of the 25 companies in this list, five are banks or bank-like financial groups (the four majors and Macquarie), three are general insurers (QBE, Insurance Australia Group and Suncorp), and four are retailers or retail-linked distributors (Woolworths, Wesfarmers, Coles and Sigma Healthcare). Resources and energy account for seven: BHP, Fortescue, Woodside, Santos, Northern Star and the fuel refiners and marketers Ampol and Viva Energy, alongside Origin Energy's energy retail and LNG business.

Several large companies with Australian origins are not counted here because Forbes assigns them to another country. Forbes Australia notes that Atlassian is still counted as a US company following its 2022 redomiciliation; Rio Tinto is listed by Forbes under the United Kingdom.

Revenue, profit and market value

Revenue figures for banks and insurers are made up differently from the sales of retailers or miners and are not directly comparable with them. The banks' scale shows more clearly in assets: Commonwealth Bank held US$939.4bn in the Forbes data, against US$116.0bn for BHP.

By market value BHP (US$219.8bn) and Commonwealth Bank (US$190.7bn) are far ahead of every other Australian company in the Forbes list; the next largest are Westpac (US$87.6bn) and National Australia Bank (US$80.0bn).

Methodology

Companies are ranked strictly by the revenue Forbes publishes for each company in the Forbes Global 2000 for 2026, in US dollars, among the 32 companies that Forbes assigns to Australia. The 2026 Global 2000 was published on 24 June 2026 and ranks the world's largest publicly listed companies on sales, profits, assets and market value.

Because the source covers only publicly listed companies, large private companies, government-owned enterprises and Australian subsidiaries of foreign groups are not included. Companies are attributed to countries as Forbes attributes them. Figures are as published by Forbes, which does not state on its list page the reporting period behind each company's figures.

The list

1

BHP Group

Best for: Mining (iron ore, copper, coal)

BHP is the largest Australian company by revenue, at US$54.0bn in the Forbes Global 2000 for 2026, with profit of US$10.2bn and a market value of US$219.8bn, also the highest of any Australian company. The Melbourne-based miner reports through copper, iron ore and coal segments; Forbes records its founding on 13 August 1885. It ranked 118th in the overall Global 2000.

Revenue (Forbes 2026)
US$54.0bn
Industry
Mining (iron ore, copper, coal)
Profit (Forbes 2026)
US$10.2bn
Market value (Forbes 2026)
US$219.8bn
Headquarters
Melbourne, Australia
Forbes Global 2000 rank (2026)
118
Employees
91,304
2

Woolworths Group

Best for: Supermarkets and general merchandise

Woolworths Group reported revenue of US$45.3bn in the Forbes 2026 data, the highest of any Australian retailer, but profit of only US$385.6m. The Sydney-based group operates supermarkets and general merchandise stores, including Big W, in Australia and New Zealand. It says it serves about 24 million customers each week and has more than 190,000 team members, and dates its history to 1924.

Revenue (Forbes 2026)
US$45.3bn
Industry
Supermarkets and general merchandise
Profit (Forbes 2026)
US$386m
Market value (Forbes 2026)
US$28.8bn
Headquarters
Sydney, Australia
Forbes Global 2000 rank (2026)
920
Employees
202,000
3

Commonwealth Bank of Australia

Best for: Banking

Commonwealth Bank is the highest-ranked Australian company in the Forbes Global 2000 for 2026, at 74th, because of its combination of profit, assets and market value. Forbes records revenue of US$44.9bn, profit of US$6.7bn, assets of US$939.4bn and a market value of US$190.7bn. The bank was established under a federal act in 1911 and says it has 15.9 million customers.

Revenue (Forbes 2026)
US$44.9bn
Industry
Banking
Profit (Forbes 2026)
US$6.7bn
Market value (Forbes 2026)
US$190.7bn
Headquarters
Sydney, Australia
Forbes Global 2000 rank (2026)
74
Employees
51,346
4

ANZ Group Holdings

Best for: Banking

ANZ Group Holdings, the non-operating holding company of the ANZ banking group, reported revenue of US$43.3bn and profit of US$3.9bn in the Forbes 2026 data. Headquartered in Docklands according to Forbes, it reports through Australia Retail, Australia Commercial, Institutional, New Zealand and Pacific segments.

Revenue (Forbes 2026)
US$43.3bn
Industry
Banking
Profit (Forbes 2026)
US$3.9bn
Market value (Forbes 2026)
US$75.9bn
Headquarters
Docklands, Australia
Forbes Global 2000 rank (2026)
152
Employees
42,698
5

National Australia Bank

Best for: Banking

National Australia Bank reported revenue of US$38.2bn and profit of US$4.0bn in the Forbes 2026 data, with assets of US$782.6bn. The Melbourne-based bank was founded on 4 October 1858 according to Forbes.

Revenue (Forbes 2026)
US$38.2bn
Industry
Banking
Profit (Forbes 2026)
US$4.0bn
Market value (Forbes 2026)
US$80.0bn
Headquarters
Melbourne, Australia
Forbes Global 2000 rank (2026)
156
Employees
41,880
6

Westpac Banking Corporation

Best for: Banking

Westpac reported revenue of US$37.5bn and profit of US$4.6bn in the Forbes 2026 data; its profit was the second-highest among the four major banks after Commonwealth Bank. Forbes dates the Sydney-based bank to 1817, the earliest founding date in this list.

Revenue (Forbes 2026)
US$37.5bn
Industry
Banking
Profit (Forbes 2026)
US$4.6bn
Market value (Forbes 2026)
US$87.6bn
Headquarters
Sydney, Australia
Forbes Global 2000 rank (2026)
144
Employees
35,236
7

Wesfarmers

Best for: Conglomerate (retail, chemicals, health)

Wesfarmers, headquartered in Perth, reported revenue of US$29.8bn and profit of US$2.0bn in the Forbes 2026 data. Its businesses include Bunnings, Kmart Group, Officeworks, Wesfarmers Chemicals, Energy and Fertilisers, and Wesfarmers Health.

Revenue (Forbes 2026)
US$29.8bn
Industry
Conglomerate (retail, chemicals, health)
Profit (Forbes 2026)
US$2.0bn
Market value (Forbes 2026)
US$58.2bn
Headquarters
Perth, Australia
Forbes Global 2000 rank (2026)
586
Employees
118,000
8

Coles Group

Best for: Supermarkets and liquor

Coles Group, based in Melbourne, operates supermarkets and liquor stores and reported revenue of US$29.1bn and profit of US$653.8m in the Forbes 2026 data. Forbes Australia noted that both Coles and Woolworths fell in the overall Global 2000 ranking in 2026.

Revenue (Forbes 2026)
US$29.1bn
Industry
Supermarkets and liquor
Profit (Forbes 2026)
US$654m
Market value (Forbes 2026)
US$20.0bn
Headquarters
Melbourne, Australia
Forbes Global 2000 rank (2026)
1093
Employees
115,000
9

QBE Insurance Group

Best for: General insurance and reinsurance

QBE, a Sydney-based general insurer and reinsurer, reported revenue of US$24.1bn and profit of US$2.2bn in the Forbes 2026 data. Forbes lists its geographical segments as North America, International and Australia Pacific.

Revenue (Forbes 2026)
US$24.1bn
Industry
General insurance and reinsurance
Profit (Forbes 2026)
US$2.2bn
Market value (Forbes 2026)
US$24.6bn
Headquarters
Sydney, Australia
Forbes Global 2000 rank (2026)
534
Employees
13,479
10

Macquarie Group

Best for: Investment banking and asset management

Macquarie Group reported revenue of US$22.2bn and profit of US$3.1bn in the Forbes 2026 data. The Sydney-based group operates through Macquarie Asset Management, Banking and Financial Services, Commodities and Global Markets, and Macquarie Capital; Forbes records its founding on 10 December 1969.

Revenue (Forbes 2026)
US$22.2bn
Industry
Investment banking and asset management
Profit (Forbes 2026)
US$3.1bn
Market value (Forbes 2026)
US$63.7bn
Headquarters
Sydney, Australia
Forbes Global 2000 rank (2026)
253
Employees
19,124
11

Ampol

Best for: Fuel refining and retail

Ampol, which owns the Lytton refinery and the New Zealand fuel business Z Energy, reported revenue of US$20.0bn but profit of only US$53.1m in the Forbes 2026 data. Forbes gives its headquarters as Alexandria and its founding year as 1918.

Revenue (Forbes 2026)
US$20.0bn
Industry
Fuel refining and retail
Profit (Forbes 2026)
US$53m
Market value (Forbes 2026)
US$6.0bn
Headquarters
Alexandria, Australia
Forbes Global 2000 rank (2026)
1837
Employees
9,500
12

Viva Energy Group

Best for: Fuel refining and retail

Viva Energy Group reported revenue of US$18.4bn and a loss of US$271.5m in the Forbes 2026 data. Forbes Australia identified it as the lowest-ranked Australian company in the 2026 Global 2000. The company operates retail fuel, refining and supply businesses.

Revenue (Forbes 2026)
US$18.4bn
Industry
Fuel refining and retail
Profit (Forbes 2026)
US$-272m
Market value (Forbes 2026)
US$2.7bn
Headquarters
Docklands, Australia
Forbes Global 2000 rank (2026)
1883
Employees
15,174
13

Fortescue

Best for: Iron ore mining and energy

Fortescue, founded by Andrew Forrest in April 2003 according to Forbes, reported revenue of US$16.3bn and profit of US$3.7bn in the 2026 data. The East Perth-based company mines iron ore and has an energy segment developing green energy projects.

Revenue (Forbes 2026)
US$16.3bn
Industry
Iron ore mining and energy
Profit (Forbes 2026)
US$3.7bn
Market value (Forbes 2026)
US$49.8bn
Headquarters
East Perth, Australia
Forbes Global 2000 rank (2026)
520
14

Qantas Airways

Best for: Airline

Qantas reported revenue of US$15.6bn and profit of US$1.0bn in the Forbes 2026 data. The airline group, headquartered in Mascot, operates Qantas Domestic, Qantas International, Jetstar and Qantas Loyalty segments and was founded on 16 November 1920 according to Forbes.

Revenue (Forbes 2026)
US$15.6bn
Industry
Airline
Profit (Forbes 2026)
US$1.0bn
Market value (Forbes 2026)
US$9.1bn
Headquarters
Mascot, Australia
Forbes Global 2000 rank (2026)
1394
Employees
25,000
15

CSL

Best for: Biopharmaceuticals

CSL, a Melbourne-based biopharmaceutical company, reported revenue of US$15.3bn and profit of US$1.4bn in the Forbes 2026 data. It operates through CSL Behring, which provides plasma products, gene therapies and recombinants, CSL Seqirus and CSL Vifor.

Revenue (Forbes 2026)
US$15.3bn
Industry
Biopharmaceuticals
Profit (Forbes 2026)
US$1.4bn
Market value (Forbes 2026)
US$33.6bn
Headquarters
Melbourne, Australia
Forbes Global 2000 rank (2026)
667
Employees
29,000
16

Telstra Group

Best for: Telecommunications

Telstra Group reported revenue of US$14.9bn and profit of US$1.5bn in the 2026 data. The Melbourne-based group reports through consumer and small business, enterprise, networks and IT, and InfraCo segments.

Revenue (Forbes 2026)
US$14.9bn
Industry
Telecommunications
Profit (Forbes 2026)
US$1.5bn
Market value (Forbes 2026)
US$43.0bn
Headquarters
Melbourne, Australia
Forbes Global 2000 rank (2026)
684
Employees
30,553
17

Woodside Energy Group

Best for: Oil and LNG

Woodside Energy reported revenue of US$13.0bn and profit of US$2.7bn in the Forbes 2026 data, with assets of US$66.5bn. The Perth-based company's segments include North West Shelf, Pluto and Wheatstone, and it had 4,693 employees, the fewest of any company in the top 20 of this list that reports a figure.

Revenue (Forbes 2026)
US$13.0bn
Industry
Oil and LNG
Profit (Forbes 2026)
US$2.7bn
Market value (Forbes 2026)
US$42.4bn
Headquarters
Perth, Australia
Forbes Global 2000 rank (2026)
499
Employees
4,693
18

Insurance Australia Group

Best for: General insurance

Insurance Australia Group, based in Sydney, reported revenue of US$11.9bn and profit of US$700.3m in the Forbes 2026 data. It underwrites general insurance through retail and intermediated divisions in Australia and a New Zealand division.

Revenue (Forbes 2026)
US$11.9bn
Industry
General insurance
Profit (Forbes 2026)
US$700m
Market value (Forbes 2026)
US$13.4bn
Headquarters
Sydney, Australia
Forbes Global 2000 rank (2026)
1401
19

Suncorp Group

Best for: General insurance

Suncorp Group, headquartered in Brisbane, reported revenue of US$10.8bn and profit of US$635.8m in the Forbes 2026 data. Its reporting segments are consumer insurance, commercial and personal injury, and Suncorp New Zealand.

Revenue (Forbes 2026)
US$10.8bn
Industry
General insurance
Profit (Forbes 2026)
US$636m
Market value (Forbes 2026)
US$13.6bn
Headquarters
Brisbane, Australia
Forbes Global 2000 rank (2026)
1453
Employees
11,500
20

Origin Energy

Best for: Energy retail, generation and LNG

Origin Energy, based in Sydney, reported revenue of US$10.5bn and profit of US$658.4m in the Forbes 2026 data. The integrated energy company generates and retails electricity and gas, sells liquefied natural gas, and reports a share of Octopus Energy as a separate segment.

Revenue (Forbes 2026)
US$10.5bn
Industry
Energy retail, generation and LNG
Profit (Forbes 2026)
US$658m
Market value (Forbes 2026)
US$14.2bn
Headquarters
Sydney, Australia
Forbes Global 2000 rank (2026)
1589
Employees
5,000
21

Sigma Healthcare

Best for: Pharmacy wholesale and retail

Sigma Healthcare reported revenue of US$9.3bn and profit of US$823.7m in the Forbes 2026 data. Forbes Australia described it as the biggest mover among Australian companies in the 2026 list, following its merger with Chemist Warehouse in 2025.

Revenue (Forbes 2026)
US$9.3bn
Industry
Pharmacy wholesale and retail
Profit (Forbes 2026)
US$824m
Market value (Forbes 2026)
US$23.5bn
Headquarters
Clayton, Australia
Forbes Global 2000 rank (2026)
1290
22

Brambles

Best for: Pallet and container pooling (CHEP)

Brambles, the Sydney-based owner of the CHEP pallet and container pooling business, reported revenue of US$6.8bn and profit of US$927.7m in the Forbes 2026 data. Forbes traces the company to Walter Edwin Bramble in 1875.

Revenue (Forbes 2026)
US$6.8bn
Industry
Pallet and container pooling (CHEP)
Profit (Forbes 2026)
US$928m
Market value (Forbes 2026)
US$21.3bn
Headquarters
Sydney, Australia
Forbes Global 2000 rank (2026)
1453
Employees
12,093
23

Santos

Best for: Natural gas

Santos, the Adelaide-based natural gas producer, reported revenue of US$5.0bn and profit of US$819.2m in the Forbes 2026 data. Its segments include the Cooper Basin, Queensland and New South Wales, Papua New Guinea, Northern Australia and Timor-Leste, and Western Australia.

Revenue (Forbes 2026)
US$5.0bn
Industry
Natural gas
Profit (Forbes 2026)
US$819m
Market value (Forbes 2026)
US$18.3bn
Headquarters
Adelaide, Australia
Forbes Global 2000 rank (2026)
1277
Employees
4,028
24

Northern Star Resources

Best for: Gold mining

Northern Star Resources, a gold producer headquartered in Subiaco, reported revenue of US$4.5bn and profit of US$998.0m in the Forbes 2026 data. Its reporting segments are KCGM, Kalgoorlie Operations, Carosue Dam, Pogo, Jundee and Thunderbox.

Revenue (Forbes 2026)
US$4.5bn
Industry
Gold mining
Profit (Forbes 2026)
US$998m
Market value (Forbes 2026)
US$21.0bn
Headquarters
Subiaco, Australia
Forbes Global 2000 rank (2026)
1504
Employees
8,728
25

Aristocrat Leisure

Best for: Gaming machines and mobile games

Aristocrat Leisure reported revenue of US$4.2bn and profit of US$973.5m in the Forbes 2026 data, a higher profit than several companies with more than twice its revenue. The Sydney-based company makes electronic gaming machines and casino management systems and publishes free-to-play mobile games.

Revenue (Forbes 2026)
US$4.2bn
Industry
Gaming machines and mobile games
Profit (Forbes 2026)
US$974m
Market value (Forbes 2026)
US$22.2bn
Headquarters
Sydney, Australia
Forbes Global 2000 rank (2026)
1491
Employees
7,400

Comparison table

RankCompanyIndustryHeadquartersRevenueProfitForbes Global 2000 rank
1BHP GroupMining (iron ore, copper, coal)MelbourneUS$54.0bnUS$10.2bn118
2Woolworths GroupSupermarkets and general merchandiseSydneyUS$45.3bnUS$386m920
3Commonwealth Bank of AustraliaBankingSydneyUS$44.9bnUS$6.7bn74
4ANZ Group HoldingsBankingDocklandsUS$43.3bnUS$3.9bn152
5National Australia BankBankingMelbourneUS$38.2bnUS$4.0bn156
6Westpac Banking CorporationBankingSydneyUS$37.5bnUS$4.6bn144
7WesfarmersConglomerate (retail, chemicals, health)PerthUS$29.8bnUS$2.0bn586
8Coles GroupSupermarkets and liquorMelbourneUS$29.1bnUS$654m1093
9QBE Insurance GroupGeneral insurance and reinsuranceSydneyUS$24.1bnUS$2.2bn534
10Macquarie GroupInvestment banking and asset managementSydneyUS$22.2bnUS$3.1bn253
11AmpolFuel refining and retailAlexandriaUS$20.0bnUS$53m1837
12Viva Energy GroupFuel refining and retailDocklandsUS$18.4bnUS$-272m1883
13FortescueIron ore mining and energyEast PerthUS$16.3bnUS$3.7bn520
14Qantas AirwaysAirlineMascotUS$15.6bnUS$1.0bn1394
15CSLBiopharmaceuticalsMelbourneUS$15.3bnUS$1.4bn667
16Telstra GroupTelecommunicationsMelbourneUS$14.9bnUS$1.5bn684
17Woodside Energy GroupOil and LNGPerthUS$13.0bnUS$2.7bn499
18Insurance Australia GroupGeneral insuranceSydneyUS$11.9bnUS$700m1401
19Suncorp GroupGeneral insuranceBrisbaneUS$10.8bnUS$636m1453
20Origin EnergyEnergy retail, generation and LNGSydneyUS$10.5bnUS$658m1589
21Sigma HealthcarePharmacy wholesale and retailClaytonUS$9.3bnUS$824m1290
22BramblesPallet and container pooling (CHEP)SydneyUS$6.8bnUS$928m1453
23SantosNatural gasAdelaideUS$5.0bnUS$819m1277
24Northern Star ResourcesGold miningSubiacoUS$4.5bnUS$998m1504
25Aristocrat LeisureGaming machines and mobile gamesSydneyUS$4.2bnUS$974m1491

Frequently asked questions

What is the largest company in Australia?

By revenue, BHP is the largest Australian company, with US$54.0bn in the Forbes Global 2000 for 2026. It also has the highest market value, US$219.8bn. In Forbes' overall ranking, which also weighs profit and assets, Commonwealth Bank ranks highest among Australian companies at 74th, ahead of BHP at 118th.

What is the largest bank in Australia?

Commonwealth Bank of Australia is the largest Australian bank by revenue, assets and market value in the Forbes 2026 data, with revenue of US$44.9bn, assets of US$939.4bn and a market value of US$190.7bn. ANZ, National Australia Bank and Westpac follow by revenue.

How many Australian companies are in the Forbes Global 2000?

Thirty-two Australian companies were included in the Forbes Global 2000 for 2026, matching the number in 2025. Computershare dropped out of the list, while Sigma Healthcare rose sharply after its merger with Chemist Warehouse.

What is the largest retailer in Australia?

Woolworths Group is the largest Australian retailer by revenue, with US$45.3bn in the Forbes 2026 data, ahead of Wesfarmers, owner of Bunnings and Kmart, at US$29.8bn and Coles Group at US$29.1bn.

Why is Rio Tinto not on the list?

Forbes assigns Rio Tinto to the United Kingdom rather than Australia in its Global 2000, so it is not among the 32 Australian companies used for this list. Forbes recorded revenue of US$57.6bn for Rio Tinto in 2026, which would otherwise place it above BHP.

See also

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