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 .
This list displays all 7 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 2018. [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 |
|---|---|---|---|---|---|---|---|
| 1 | 195 | Wesfarmers | Conglomerate | 53,985 | 927 | 217,000 | Perth |
| 2 | 233 | Woolworths Group | Retail | 47,842 | 1,336 | 201,522 | Sydney |
| 3 | 246 | BHP | Mining | 45,809 | 3,705 | 27,161 | Melbourne |
| 4 | 373 | Commonwealth Bank | Banking | 33,186 | 7,228 | 45,753 | Sydney |
| 5 | 433 | Westpac | Banking | 29,027 | 6,151 | 35,029 | Sydney |
| 6 | 457 | Australia & New Zealand Banking Group | Banking | 27,147 | 4,863 | 39,924 | Melbourne |
| 7 | 479 | National Australia Bank | Banking | 25,943 | 4,221 | 33,283 | Melbourne |
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 2018. All 37 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 |
|---|---|---|---|---|---|---|---|---|
| 1 | 79 | Commonwealth Bank | Sydney | 31.4 | 6.7 | 690.2 | 92.8 | Banking |
| 2 | 101 | Westpac | Sydney | 29.1 | 6.1 | 636.9 | 66.0 | Banking |
| 3 | 109 | BHP | Melbourne | 42.6 | 6.0 | 102.4 | 138.3 | Mining |
| 4 | 120 | Australia & New Zealand Banking Group | Melbourne | 27.5 | 4.9 | 682.0 | 54.0 | Banking |
| 5 | 138 | National Australia Bank | Melbourne | 25.3 | 4.2 | 583.8 | 50.7 | Banking |
| 6 | 313 | Macquarie Group | Sydney | 11.3 | 1.9 | 148.8 | 30.8 | Finance |
| 7 | 398 | Telstra | Melbourne | 18.7 | 2.3 | 30.8 | 29.0 | Telecommunications |
| 8 | 499 | Woolworths Group | Sydney | 42.9 | 1.3 | 17.5 | 29.3 | Retail |
| 9 | 517 | Wesfarmers | Perth | 33.8 | 2.0 | 14.5 | 28.4 | Conglomerate |
| 10 | 701 | Suncorp | Brisbane | 10.3 | 0.6 | 69.9 | 12.6 | Insurance |
| 11 | 726 | CSL | Melbourne | 8.2 | 1.8 | 11.5 | 61.7 | Pharmaceutical |
| 12 | 772 | Woodside Petroleum | Perth | 5.3 | 1.4 | 27.1 | 23.8 | Oil and gas |
| 13 | 800 | QBE Insurance | Sydney | 12.4 | 0.5 | 40.2 | 12.1 | Insurance |
| 14 | 866 | Scentre Group | Sydney | 2.0 | 1.7 | 28.8 | 14.7 | Real estate |
| 15 | 910 | South32 | Perth | 7.9 | 1.4 | 15.1 | 12.5 | Mining |
| 16 | 935 | Fortescue Metals Group | Perth | 6.8 | 0.9 | 18.1 | 16.5 | Iron and Steel |
| 17 | 943 | Origin Energy | Sydney | 11.2 | 0.9 | 17.3 | 9.2 | Utilities |
| 18 | 1109 | Insurance Australia Group | Sydney | 5.5 | 0.7 | 20.3 | 12.8 | Insurance |
| 19 | 1120 | AGL Energy | Sydney | 9.5 | 0.9 | 10.7 | 10.2 | Utilities |
| 20 | 1151 | Amcor | Melbourne | 9.4 | 0.7 | 8.9 | 12.7 | Packaging |
| 21 | 1253 | Goodman Group | Sydney | 1.4 | 1.1 | 10.0 | 16.5 | Real estate |
| 22 | 1282 | Qantas | Sydney | 12.8 | 0.7 | 13.1 | 6.5 | Airline |
| 23 | 1294 | Transurban | Melbourne | 2.8 | 0.2 | 23.4 | 25.2 | Transportation |
| 24 | 1318 | BlueScope | Melbourne | 9.3 | 1.3 | 7.9 | 5.2 | Iron and Steel |
| 25 | 1348 | Santos | Adelaide | 3.8 | 0.6 | 17.3 | 10.7 | Oil and gas |
| 26 | 1365 | Brambles | Sydney | 5.7 | 0.6 | 8.0 | 13.5 | Services |
| 27 | 1507 | Dexus | Sydney | 0.6 | 1.1 | 10.4 | 9.2 | Real estate |
| 28 | 1540 | AMP | Sydney | 4.9 | 0.0 | 102.3 | 4.8 | Finance |
| 29 | 1601 | Caltex Australia | Sydney | 16.0 | 0.4 | 4.7 | 5.1 | Oil and gas |
| 30 | 1653 | GPT Group | Sydney | 0.5 | 1.1 | 10.4 | 7.6 | Real estate |
| 31 | 1703 | Vivo Energy | Melbourne | 12.2 | 0.4 | 3.7 | 3.3 | Oil and gas |
| 32 | 1755 | Mirvac | Sydney | 1.9 | 1.0 | 9.9 | 7.3 | Real estate |
| 33 | 1765 | Bendigo and Adelaide Bank | Bendigo | 1.7 | 0.3 | 50.5 | 3.5 | Banking |
| 34 | 1848 | Sydney Airport Holdings | Sydney | 1.2 | 0.5 | 9.2 | 12.0 | Transportation |
| 35 | 1871 | Lendlease | Sydney | 11.7 | 0.3 | 12.3 | 5.1 | Real estate |
| 36 | 1901 | Bank of Queensland | Brisbane | 1.7 | 0.2 | 37.7 | 2.6 | Banking |
| 37 | 1940 | Ramsay Health Care | Sydney | 7.4 | 0.3 | 8.7 | 8.9 | Health care |