Largest Canadian Companies by Market Capitalization — Industrials
Complete ranking of Canada's largest publicly traded companies by market cap. Filter by exchange and sector.
Updated October 19, 2026200 companiesTotal market cap $4049.9B
Showing 200 companies (CDRs hidden)
| Rank | Company | Symbol | Revenue (TTM) | P/E Ratio | Market Cap |
|---|---|---|---|---|---|
| 1 | Space Exploration Technologies Corp. Class A Common Stock | SPCX:US | $23.0B | - | $1924.9B |
| 2 | Automatic Data Processing Inc | ADP:US | $21.9B | 26.4 | $114.5B |
| 3 | Canadian Pacific Railway Ltd | CP:TO | $15.4B | 28.7 | $108.5B |
| 4 | Canadian National Railway Co | CNR:TO | $17.8B | 22.1 | $104.1B |
| 5 | CSX Corporation | CSX:US | $14.5B | 28.3 | $90.2B |
| 6 | Cintas Corporation | CTAS:US | $11.6B | 42.1 | $84.9B |
| 7 | Honeywell International Inc | HON:US | $38.1B | 7.8 | $67.0B |
| 8 | Thomson Reuters Corp | TRI:TO | $7.8B | 29.5 | $66.8B |
| 9 | Waste Connections Inc | WCN:TO | $9.8B | 41.5 | $59.6B |
| 10 | Fastenal Company | FAST:US | $9.1B | 41.5 | $58.5B |
| 11 | PACCAR Inc | PCAR:US | $27.8B | 23.3 | $58.3B |
| 12 | Bombardier Inc | BBD-A:TO | $9.7B | 23.8 | $58.0B |
| 13 | Bombardier Inc Series B | BBD-B:TO | $9.7B | 23.5 | $57.3B |
| 14 | Honeywell Aerospace Inc | HONA:US | $17.9B | 51.2 | $53.3B |
| 15 | Thomson Reuters Corporation Common Shares | TRI:US | $7.8B | 28.6 | $47.2B |
| 16 | Paychex Inc | PAYX:US | $6.6B | 22.1 | $39.7B |
| 17 | Old Dominion Freight Line Inc | ODFL:US | $5.6B | 36.1 | $39.0B |
| 18 | Ferrovial SE | FER:US | $9.9B | 27.1 | $35.6B |
| 19 | Elbit Systems Ltd | ESLT:US | $8.5B | 56.8 | $35.4B |
| 20 | Rocket Lab USA Inc. | RKLB:US | $769M | - | $32.5B |
| 21 | Axon Enterprise Inc. | AXON:US | $3.2B | 161.9 | $31.7B |
| 22 | United Airlines Holdings Inc | UAL:US | $62.9B | 9.0 | $31.2B |
| 23 | Ryanair Holdings PLC ADR | RYAAY:US | $15.6B | 12.6 | $27.2B |
| 24 | Copart Inc | CPRT:US | $4.7B | 18.0 | $25.8B |
| 25 | Affirm Holdings Inc | AFRM:US | $4.3B | 13.4 | $25.0B |
| 26 | Verisk Analytics Inc | VRSK:US | $3.1B | 29.3 | $24.8B |
| 27 | Symbotic Inc | SYM:US | $2.6B | 484.6 | $23.5B |
| 28 | Arxis, Inc. Class A Common Stock | ARXS:US | $1.8B | 676.3 | $23.3B |
| 29 | WSP Global Inc | WSP:TO | $19.3B | 23.8 | $22.4B |
| 30 | Gfl Environmental Holdings Inc | GFL:TO | $7.0B | - | $22.4B |
| 31 | RB Global | RBA:TO | $4.8B | 37.2 | $22.1B |
| 32 | JB Hunt Transport Services Inc | JBHT:US | $12.7B | 32.3 | $21.5B |
| 33 | Woodward Inc | WWD:US | $4.2B | 36.5 | $19.4B |
| 34 | Nordson Corporation | NDSN:US | $3.0B | 32.6 | $18.0B |
| 35 | Toromont Industries Ltd. | TIH:TO | $5.6B | 33.5 | $17.1B |
| 36 | FTAI Aviation Ltd. | FTAI:US | $3.1B | 35.8 | $16.9B |
| 37 | CH Robinson Worldwide Inc | CHRW:US | $17.0B | 26.6 | $16.3B |
| 38 | Lincoln Electric Holdings Inc | LECO:US | $4.5B | 26.2 | $14.3B |
| 39 | TFI International Inc | TFII:TO | $8.1B | 28.5 | $13.3B |
| 40 | Finning International Inc. | FTT:TO | $11.2B | 24.3 | $13.2B |
| 41 | Sterling Infrastructure, Inc. | STRL:US | $3.4B | 30.6 | $13.0B |
| 42 | Nextpower Inc. | NXT:US | $3.6B | 20.7 | $12.3B |
| 43 | INNIO N.V. Ordinary Shares | INIO:US | $3.1B | 541.3 | $12.2B |
| 44 | Grab Holdings Ltd | GRAB:US | $3.7B | 26.7 | $12.0B |
| 45 | Stantec Inc | STN:TO | $6.8B | 22.1 | $11.0B |
| 46 | CAE Inc. | CAE:TO | $5.0B | 38.3 | $11.0B |
| 47 | IES Holdings Inc | IESC:US | $4.0B | 22.4 | $10.7B |
| 48 | Leonardo DRS, Inc. Common Stock | DRS:US | $3.8B | 29.8 | $9.5B |
| 49 | Bombardier Inc Pref B | BBD-PB:TO | $9.7B | - | $9.1B |
| 50 | Saia Inc | SAIA:US | $3.4B | 32.3 | $8.9B |
| 51 | Tetra Tech Inc | TTEK:US | $4.4B | 20.9 | $8.9B |
| 52 | Vicor Corporation | VICR:US | $474M | 61.2 | $8.8B |
| 53 | Bombardier Inc Pref D | BBD-PD:TO | $9.7B | - | $8.5B |
| 54 | Element Fleet Management Corp | EFN:TO | $2.5B | 21.1 | $8.5B |
| 55 | American Airlines Group | AAL:US | $58.3B | - | $7.9B |
| 56 | Kratos Defense & Security Solutions | KTOS:US | $1.5B | 237.8 | $7.6B |
| 57 | Legence Corp. Class A Common stock | LGN:US | $3.7B | - | $7.2B |
| 58 | Bombardier Inc Pref C | BBD-PC:TO | $9.7B | - | $6.8B |
| 59 | Rush Enterprises B Inc | RUSHB:US | $7.2B | 26.0 | $6.7B |
| 60 | Exchange Income Corporation | EIF:TO | $3.7B | 32.1 | $6.6B |
| 61 | MDA Ltd | MDA:TO | $1.9B | 49.8 | $6.5B |
| 62 | LYFT Inc | LYFT:US | $6.8B | 2.5 | $6.4B |
| 63 | AeroVironment Inc | AVAV:US | $2.0B | - | $6.2B |
| 64 | AAON Inc | AAON:US | $1.9B | 38.8 | $6.1B |
| 65 | ExlService Holdings Inc | EXLS:US | $2.2B | 25.0 | $6.0B |
| 66 | Powell Industries Inc | POWL:US | $1.2B | 31.6 | $6.0B |
| 67 | Landstar System Inc | LSTR:US | $5.0B | 44.5 | $5.8B |
| 68 | Casella Waste Systems Inc | CWST:US | $2.0B | 977.8 | $5.6B |
| 69 | Air Canada | AC:TO | $23.6B | 15.5 | $5.6B |
| 70 | Secure Energy Services Inc. | SES:TO | $1.5B | 41.7 | $5.4B |
| 71 | Rush Enterprises A Inc | RUSHA:US | $7.2B | 20.5 | $5.3B |
| 72 | Xometry Inc | XMTR:US | $808M | - | $5.2B |
| 73 | Russel Metals Inc. | RUS:TO | $5.3B | 23.2 | $5.0B |
| 74 | Middleby Corp | MIDD:US | $3.4B | - | $4.9B |
| 75 | Icahn Enterprises LP | IEP:US | $10.4B | - | $4.7B |
| 76 | Construction Partners Inc | ROAD:US | $3.5B | 32.4 | $4.7B |
| 77 | GDS Holdings Ltd | GDS:US | $12.3B | 10.7 | $4.6B |
| 78 | VSE Corporation | VSEC:US | $1.4B | 52.4 | $4.6B |
| 79 | Mercury Systems Inc | MRCY:US | $984M | - | $4.5B |
| 80 | Franklin Electric Co Inc | FELE:US | $2.2B | 28.9 | $4.4B |
| 81 | Grupo Aeroportuario del Centro Norte SAB de CV | OMAB:US | $16.3B | 14.7 | $4.4B |
| 82 | MYR Group Inc | MYRG:US | $4.0B | 26.6 | $4.4B |
| 83 | Ufp Industries Inc | UFPI:US | $6.2B | 17.9 | $4.3B |
| 84 | Bird Construction Inc. | BDT:TO | $3.7B | 72.1 | $4.3B |
| 85 | X-Energy, Inc. Class A Common Stock | XE:US | $150M | - | $4.2B |
| 86 | Brookfield Business Partners L.P. | BBU-UN:TO | $27.5B | - | $3.9B |
| 87 | Avis Budget Group Inc | CAR:US | $11.7B | - | $3.6B |
| 88 | SkyWest Inc | SKYW:US | $4.2B | 9.1 | $3.6B |
| 89 | Aecon Group Inc. | ARE:TO | $6.0B | - | $3.5B |
| 90 | EquipmentShare.com Inc Class A Common Stock | EQPT:US | $5.0B | 123.5 | $3.4B |
| 91 | Exponent Inc | EXPO:US | $567M | 32.2 | $3.4B |
| 92 | CECO Environmental Corp. | CECO:US | $903M | - | $3.3B |
| 93 | First Advantage Corp | FA:US | $1.7B | 137.0 | $3.3B |
| 94 | Star Bulk Carriers Corp | SBLK:US | $1.2B | 10.9 | $3.2B |
| 95 | Badger Infrastructure Solutions Ltd | BDGI:TO | $911M | 36.6 | $3.0B |
| 96 | Hammond Power Solutions Inc | HPS-A:TO | $1.1B | 47.5 | $2.9B |
| 97 | ArcBest Corp | ARCB:US | $4.2B | 188.4 | $2.9B |
| 98 | Willscot Mobile Mini Holdings Corp A | WSC:US | $2.3B | - | $2.9B |
| 99 | Firefly Aerospace Inc. Common Stock | FLY:US | $287M | - | $2.8B |
| 100 | Huron Consulting Group Inc | HURN:US | $1.8B | 26.3 | $2.8B |
| 101 | McGrath RentCorp | MGRC:US | $933M | 18.2 | $2.8B |
| 102 | Westshore Terminals Investment Corp | WTE:TO | $330M | 28.0 | $2.7B |
| 103 | DXP Enterprises Inc | DXPE:US | $2.1B | 30.9 | $2.7B |
| 104 | Astronics Corporation | ATRO:US | $942M | 33.6 | $2.6B |
| 105 | Mullen Group Ltd. | MTL:TO | $2.3B | 24.7 | $2.6B |
| 106 | Kingsoft Cloud Holdings Ltd | KC:US | $11.0B | - | $2.5B |
| 107 | ATS CORP | ATS:TO | $2.9B | 53.7 | $2.5B |
| 108 | Euronet Worldwide Inc | EEFT:US | $4.4B | 10.3 | $2.5B |
| 109 | Patrick Industries Inc | PATK:US | $3.9B | 16.2 | $2.2B |
| 110 | Savaria Corporation | SIS:TO | $948M | 24.4 | $2.1B |
| 111 | Interface Inc | TILE:US | $1.4B | 14.7 | $2.1B |
| 112 | Werner Enterprises Inc | WERN:US | $3.3B | - | $2.0B |
| 113 | Driven Brands Holdings Inc | DRVN:US | $1.9B | 12.0 | $2.0B |
| 114 | Blue Bird Corp | BLBD:US | $1.6B | 6.8 | $2.0B |
| 115 | Plug Power Inc | PLUG:US | $744M | - | $1.9B |
| 116 | Magellan Aerospace Corporation | MAL:TO | $1.1B | 32.1 | $1.9B |
| 117 | Cimpress NV | CMPR:US | $3.7B | 20.1 | $1.9B |
| 118 | Allegiant Travel Company | ALGT:US | $2.9B | 57.2 | $1.8B |
| 119 | Innodata Inc | INOD:US | $317M | 40.9 | $1.8B |
| 120 | Midera Food Processing Inc | MFP:US | $938M | 109.9 | $1.8B |
| 121 | Sunrun Inc | RUN:US | $3.5B | 4.9 | $1.8B |
| 122 | Intuitive Machines Inc. | LUNR:US | $490M | - | $1.7B |
| 123 | Preformed Line Products Company | PLPC:US | $740M | 39.8 | $1.7B |
| 124 | Concentrix Corporation | CNXC:US | $10.0B | - | $1.7B |
| 125 | Distribution Solutions Group Inc | DSGR:US | $2.1B | 184.5 | $1.6B |
| 126 | Hub Group Inc | HUBG:US | $3.7B | 15.2 | $1.6B |
| 127 | ICF International Inc | ICFI:US | $1.8B | 18.5 | $1.6B |
| 128 | Allient Inc. | ALNT:US | $575M | 54.5 | $1.6B |
| 129 | Healthcare Services Group Inc | HCSG:US | $1.9B | 12.4 | $1.5B |
| 130 | MillerKnoll Inc | MLKN:US | $3.8B | 14.9 | $1.4B |
| 131 | Hillman Solutions Corp | HLMN:US | $1.6B | 36.9 | $1.4B |
| 132 | TriMas Corporation | TRS:US | $664M | 15.8 | $1.4B |
| 133 | Liquidity Services Inc | LQDT:US | $490M | 43.0 | $1.4B |
| 134 | Black Diamond Group Limited | BDI:TO | $508M | 57.8 | $1.3B |
| 135 | Cargojet Inc | CJT:TO | $1.0B | 28.0 | $1.3B |
| 136 | American Superconductor Corporation | AMSC:US | $321M | 8.6 | $1.2B |
| 137 | Capital Clean Energy Carriers Corp. | CCEC:US | $397M | 12.3 | $1.2B |
| 138 | Shoals Technologies Group Inc | SHLS:US | $588M | 37.7 | $1.2B |
| 139 | Red Violet Inc | RDVT:US | $99M | 64.9 | $1.2B |
| 140 | Fluence Energy Inc | FLNC:US | $2.6B | - | $1.1B |
| 141 | Gibraltar Industries Inc | ROCK:US | $1.4B | 18.8 | $1.1B |
| 142 | CRA International Inc | CRAI:US | $795M | 23.7 | $1.1B |
| 143 | JetBlue Airways Corp | JBLU:US | $9.5B | - | $1.1B |
| 144 | Willdan Group Inc | WLDN:US | $742M | 17.0 | $1.1B |
| 145 | Frontier Group Holdings Inc | ULCC:US | $4.2B | - | $1.1B |
| 146 | Dexterra Group Inc | DXT:TO | $1.1B | 25.0 | $1.1B |
| 147 | Power Solutions International, Inc. Common Stock | PSIX:US | $676M | 15.7 | $1.1B |
| 148 | Karat Packaging Inc | KRT:US | $493M | 21.3 | $1.1B |
| 149 | Upwork Inc | UPWK:US | $787M | 10.9 | $1.1B |
| 150 | Marten Transport Ltd | MRTN:US | $858M | 85.6 | $1.0B |
| 151 | FuelCell Energy Inc | FCEL:US | $154M | - | $1.0B |
| 152 | LegalZoom.com Inc | LZ:US | $792M | 67.3 | $1.0B |
| 153 | Algoma Central Corporation | ALC:TO | $828M | 7.0 | $970M |
| 154 | Calian Technologies Ltd | CGY:TO | $870M | 25.2 | $957M |
| 155 | NWPX Infrastructure, Inc. | NWPX:US | $574M | 19.6 | $941M |
| 156 | Doman Building Materials Group Ltd | DBM:TO | $3.1B | 10.9 | $918M |
| 157 | Willis Lease Finance Corporation | WLFC:US | $754M | 9.5 | $899M |
| 158 | Astec Industries Inc | ASTE:US | $1.6B | 45.0 | $880M |
| 159 | Apogee Enterprises Inc | APOG:US | $1.4B | 13.1 | $865M |
| 160 | Firan Technology Group Corporation | FTG:TO | $216M | 39.5 | $864M |
| 161 | GDI Integrated | GDI:TO | $2.5B | 20.4 | $861M |
| 162 | Aebi Schmidt Holding AG - Common Stock | AEBI:US | $2.0B | 35.8 | $861M |
| 163 | Heartland Express Inc | HTLD:US | $736M | - | $847M |
| 164 | ADENTRA Inc. | ADEN:TO | $2.3B | 9.1 | $827M |
| 165 | Wajax Corporation | WJX:TO | $2.1B | 12.5 | $816M |
| 166 | Kelly Services B Inc | KELYB:US | $4.1B | - | $792M |
| 167 | Barrett Business Services Inc | BBSI:US | $1.3B | 24.3 | $789M |
| 168 | Ballard Power Systems Inc | BLDP:TO | $106M | - | $786M |
| 169 | Diversified Royalty Corp | DIV:TO | $76M | 24.1 | $774M |
| 170 | Taskus Inc | TASK:US | $1.2B | 7.1 | $754M |
| 171 | Transcat Inc | TRNS:US | $348M | 223.2 | $752M |
| 172 | Republic Airways Holdings Inc | RJET:US | $2.0B | 10.6 | $751M |
| 173 | Ads Tec Energy PLC | ADSE:US | $24M | - | $747M |
| 174 | LSI Industries Inc | LYTS:US | $689M | 29.4 | $736M |
| 175 | Kornit Digital Ltd | KRNT:US | $216M | - | $729M |
| 176 | Latham Group Inc | SWIM:US | $577M | 122.4 | $720M |
| 177 | Bowman Consulting Group Ltd | BWMN:US | $528M | 104.3 | $710M |
| 178 | Cass Information Systems Inc | CASS:US | $215M | 19.7 | $699M |
| 179 | Nano Nuclear Energy Inc. Common Stock | NNE:US | $214,042 | - | $692M |
| 180 | Sabre Corporation | SABR:US | $2.9B | - | $678M |
| 181 | Chorus Aviation Inc | CHR:TO | $1.3B | 15.3 | $676M |
| 182 | Park Ohio Holdings Corp | PKOH:US | $1.7B | 23.6 | $663M |
| 183 | Eos Energy Enterprises Inc | EOSE:US | $214M | - | $658M |
| 184 | ESGL Holdings Limited | OIO:US | $5M | - | $619M |
| 185 | Hertz Global Holdings Inc | HTZ:US | $8.9B | - | $617M |
| 186 | Matthews International Corporation | MATW:US | $1.1B | - | $604M |
| 187 | Satellogic V Inc | SATL:US | $32M | - | $590M |
| 188 | Limbach Holdings Inc | LMB:US | $684M | 19.0 | $581M |
| 189 | i3 Verticals Inc | IIIV:US | $218M | 57.5 | $580M |
| 190 | The Elmet Group Co. Common Stock | ELMT:US | $229M | - | $577M |
| 191 | Ballard Power Systems Inc | BLDP:US | $106M | - | $551M |
| 192 | Enovix Corp | ENVX:US | $36M | - | $546M |
| 193 | K-Bro Linen Inc. | KBL:TO | $592M | 25.3 | $531M |
| 194 | Array Technologies Inc | ARRY:US | $1.2B | - | $528M |
| 195 | Kelly Services A Inc | KELYA:US | $4.1B | - | $526M |
| 196 | Titan Machinery Inc | TITN:US | $2.3B | - | $522M |
| 197 | Factorial Energy Inc. | FAC:US | - | - | $511M |
| 198 | Forward Air Corporation | FWRD:US | $2.5B | - | $508M |
| 199 | Pangaea Logistic | PANL:US | $710M | 10.4 | $498M |
| 200 | Roma Green Finance Limited Ordinary Shares | ROMA:US | $9M | - | $497M |
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Frequently Asked Questions
Which Canadian company ranks #1 by market cap in Industrials?
As of October 19, 2026, Space Exploration Technologies Corp. Class A Common Stock (SPCX:US) ranks #1 in Industrials at $1924.9B.
How often is this ranking updated?
The table is rebuilt from live fundamentals throughout the day. This page currently shows data as of October 19, 2026.
How many companies are in this market cap list?
This view shows 200 Canadian listings in Industrials. Canadian Depositary Receipts are hidden by default.
What is the difference between TSX and TSXV?
The Toronto Stock Exchange (TSX) lists larger established companies. The TSX Venture Exchange (TSXV) lists earlier-stage companies. Use the exchange filter to separate them.
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