Australia’s top 10 companies by revenue in 2023 include BHP Group, Woolworths Group, Coles Group, Wesfarmers, Fortescue, Commonwealth Bank, Ampol, Telstra, BlueScope Steel, and ANZ Bank. These companies span various industries such as mining, retail, banking, energy, telecommunications, and materials.
1. BHP Group
Industry: mining
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $65.090 Millions
Stock symbol: BHP
BHP Group, headquartered in Melbourne, Australia, was founded in 1885. It operates in multiple countries, with operations in more than 25 countries worldwide. The company’s main activities include exploration, production, and processing of minerals and energy resources. BHP Group is a leading global resources company, specializing in the production of iron ore, copper, coal, petroleum, and potash. Some of its well-known brands include BHP, BHP Billiton, and BHP Petroleum.
2. Woolworths Group
Industry: retail
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $41.860 Millions
Stock symbol: WOW.AX
Woolworths Group is headquartered in Sydney, Australia and was founded in 1924. It operates in Australia and New Zealand, with over 3,000 stores across both countries. The company’s main activities include retailing groceries, general merchandise, and liquor. Woolworths Group offers a wide range of products and services, including fresh food, household essentials, clothing, electronics, and more. Some of its well-known brands include Woolworths Supermarkets, Big W, BWS, and Dan Murphy’s.
3. Coles Group
Industry: retail
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $27.080 Millions
Stock symbol: COL.AX
Coles Group is headquartered in Melbourne, Australia and was founded in 1914. It operates in Australia and has operations in over 800 locations across the country. The company’s main activities include retailing, providing groceries, liquor, and fuel. Coles Group operates under various brands such as Coles Supermarkets, Coles Express, and Liquorland.
4. Wesfarmers
Industry: retail
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $25.230 Millions
Stock symbol: WES.AX
Wesfarmers is headquartered in Perth, Australia and was founded in 1914. It operates in multiple countries, including Australia, New Zealand, and the United Kingdom. The company is involved in various activities such as retail, industrial, and chemical operations. It offers a wide range of products and services, including home improvement, office supplies, and general merchandise. Some of its well-known brands include Bunnings Warehouse, Kmart, and Officeworks.
5. Fortescue
Industry: mining
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $17.310 Millions
Stock symbol: FMG.AX
Fortescue is headquartered in Perth, Australia and was founded in 2003. It operates primarily in Australia but also has operations in other countries. The company is engaged in the exploration, development, production, and sale of iron ore. It also provides mining services and infrastructure solutions. Fortescue is known for its flagship product, Fortescue Blend, and its brands include Fortescue Metals Group and Fortescue Future Industries.
6. Commonwealth Bank
Industry: banking
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $16.460 Millions
Stock symbol: CBA.AX
Commonwealth Bank is headquartered in Sydney, Australia and was founded in 1911. It operates in multiple countries, including Australia, New Zealand, Asia, and the United States. The bank offers a wide range of financial services, including retail banking, business banking, wealth management, and insurance. It is known for its various brands, such as CommBank, Bankwest, and Colonial First State.
7. Ampol
Industry: energy
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $15.520 Millions
Stock symbol: ALD.AX
Ampol is a multinational company with its headquarters in Sydney, Australia. It was founded in 1936. The company operates in multiple countries, with a presence in over 20 countries worldwide. Ampol is primarily engaged in the refining, distribution, and marketing of petroleum products. They offer a wide range of products and services, including fuel, lubricants, convenience stores, and car wash facilities. Ampol is also known for its well-established brands, such as Ampol, Caltex, and StarCard.
8. Telstra
Industry: telecommunications
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $14.390 Millions
Stock symbol: TLS.AX
Telstra is headquartered in Melbourne, Australia and was founded in 1975. It operates in multiple countries, including Australia, New Zealand, and the United States. Telstra is primarily engaged in providing telecommunications and information services, including mobile and fixed-line telephony, internet services, and network solutions. It also offers various products and brands, such as Telstra TV and Telstra Health, catering to the diverse needs of its customers.
9. BlueScope Steel
Industry: materials
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $13.060 Millions
Stock symbol: BSL.AX
BlueScope Steel is headquartered in Melbourne, Australia and was founded in 2002. It operates in multiple countries, with a presence in over 18 countries worldwide. The company’s main activities revolve around the manufacturing and distribution of steel products, including steel building products, coated and painted steel, and steel solutions for construction and manufacturing industries. BlueScope Steel is known for its brands such as COLORBOND® steel and ZINCALUME® steel, offering high-quality and sustainable steel solutions.
10. ANZ Bank
Industry: banking
Revenue (2023: Q1; 2022: Q2, Q3, Q4): $12.800 Millions
Stock symbol: ANZ.AX
ANZ Bank, headquartered in Melbourne, Australia, was founded in 1835. It operates in multiple countries, including Australia, New Zealand, Asia, and the Pacific region. ANZ Bank offers a wide range of financial services, including retail and commercial banking, wealth management, and insurance. It is known for its strong presence in the Asia-Pacific region and its commitment to providing innovative banking solutions to its customers.
More: The Economic System of Australia
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