List of largest Australian companies

This article lists the largest companies in Australia in terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes.

## 2024 Fortune list

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This list displays all five Australian companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2023.[1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.

Rank  | Fortune 500
rank  | Name  | Industry  | Revenue
(USD millions) | Profits
(USD millions) | Employees  | Headquarters

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1  | 268  | BHP | Mining | 53,817  | 12,921  | 42,319  | Melbourne
2  | 323  | ANZ Bank | Banking  | 46,929  | 4,724  | 40,343  | Melbourne
3  | 353  | Woolworths | Retail | 43,257  | 1,089  | 200,364  | Sydney
4  | 449  | National Australia Bank | Banking  | 34,450  | 4,934  | 35,516  | Melbourne
5  | 484  | Commonwealth Bank | Banking | 32,981  | 6,789  | 49,454  | Sydney

## 2024 Forbes list

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This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking. The table below also lists the headquarters location and industry sector of each company. The figures are in billions of US dollars and are for the year 2024. All 31 Australian companies in the Forbes 2000 are listed.[2]

Rank  | Forbes
2000 rank  | Name  | Headquarters  | Revenue
(billions
US$)  | Profit
(billions
US$)  | Assets
(billions
US$)  | Value
(billions
US$)  | Industry

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1  | 69  | Commonwealth Bank | Sydney | 39.0  | 6.5  | 870.7  | 135.4  | Banking
2  | 116  | BHP | Melbourne | 55.3  | 7.3  | 100.0  | 152.1  | Mining
3  | 125  | National Australia Bank | Melbourne  | 38.7  | 4.6  | 698.7  | 7.5  | Banking
4  | 132  | ANZ Bank | Melbourne  | 40.9  | 4.6  | 710.9  | 56.5  | Banking
5  | 144  | Westpac | Sydney  | 35.4  | 4.3  | 686.8  | 62.1  | Banking
6  | 266  | Macquarie Group | Sydney  | 19.6  | 2.2  | 264.0  | 46.6  | Finance
7  | 392  | Fortescue | Perth  | 18.6  | 5.8  | 29.9  | 55.4  | Iron and Steel
8  | 437  | CSL | Melbourne  | 14.1  | 2.5  | 37.3  | 90.5  | Pharmaceutical
9  | 505  | Woodside Energy | Perth  | 14.0  | 1.6  | 55.4  | 34.9  | Oil and gas
10  | 564  | Wesfarmers | Perth | 28.9  | 1.7  | 18.6  | 51.9  | Conglomerate
11  | 624  | QBE Insurance | Sydney  | 21.7  | 1.4  | 34.9  | 17.6  | Insurance
12  | 627  | Telstra | Melbourne  | 15.1  | 1.3  | 31.1  | 28.4  | Telecommunications
13  | 777  | Suncorp | Brisbane | 11.8  | 0.8  | 73.1  | 13.8  | Insurance
14  | 860  | Woolworths | Sydney  | 43.6  | -5.3  | 22.6  | 25.8  | Retail
15  | 999  | Santos | Adelaide | 6.0  | 1.4  | 31.1  | 16.4  | Oil and gas
16  | 1019  | Coles Group | Melbourne  | 27.9  | 0.7  | 13,3  | 14.6  | Retail
17  | 1238  | Origin Energy | Sydney  | 10.4  | 1.1  | 13.0  | 11.4  | Utilities
18  | 1357  | Qantas | Sydney  | 13.7  | 1.1  | 13.2  | 6.4  | Airline
19  | 1360  | Aristocrat Leisure | Sydney  | 4.3  | 0.9  | 6.8  | 19.6  | Gambling
20  | 1427  | Transurban | Melbourne  | 2.8  | 0.2  | 24.8  | 25.7  | Transportation
21  | 1537  | Goodman Group | Sydney  | 1.3  | 0.2  | 15.7  | 43.6  | Real estate
22  | 1365  | Brambles | Sydney  | 6.4  | 0.8  | 8.8  | 13.3  | Services
23  | 1639  | Insurance Australia Group | Sydney  | 8.4  | 0.5  | 17.0  | 10.1  | Insurance
24  | 1688  | Ampol | Sydney  | 24.9  | 0.4  | 9.1  | 5.6  | Oil and gas
25  | 1765  | Bendigo and Adelaide Bank | Bendigo | 3.0  | 0.3  | 67.9  | 2.6  | Banking
26  | 1734  | Bank of Queensland | Brisbane  | 11.5  | 0.2  | 65.9  | 2.6  | Banking
27  | 1811  | BlueScope | Melbourne  | 11.5  | 0.5  | 10.4  | 6.3  | Iron and Steel
28  | 1863  | Ramsay Health Care | Sydney  | 10.6  | 0.6  | 14.1  | 7.6  | Health care
28  | 1863  | Vivo Energy | Melbourne  | 17.8  | 2.5  | 6.6  | 3.6  | Oil and gas
30  | 1915  | Scentre Group | Sydney  | 1.7  | 0.2  | 24.3  | 11.1  | Real estate
31  | 1967  | Wisetech Global | Sydney  | 0.6  | 0.1  | 1,9  | 21.7  | Software

## See also

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* List of largest companies by revenue

## References

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1. ^ "Fortune Global 500 – The largest companies in the world by revenue". Fortune. Retrieved 20 August 2024.
2. ^ "The World's Largest Public Companies". Forbes. Retrieved 25 July 2019.