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 November 11, 2026200 companiesTotal market cap $4130.2B
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 | $32.0B | 617.7 | $1929.5B |
| 2 | Automatic Data Processing Inc | ADP:US | $22.3B | 27.1 | $120.6B |
| 3 | Canadian Pacific Railway Ltd | CP:TO | $16.0B | 30.8 | $115.6B |
| 4 | Canadian National Railway Co | CNR:TO | $18.4B | 22.6 | $107.8B |
| 5 | CSX Corporation | CSX:US | $14.9B | 26.6 | $94.2B |
| 6 | Cintas Corporation | CTAS:US | $11.6B | 44.4 | $89.5B |
| 7 | Honeywell International Inc | HON:US | $37.7B | 11.3 | $72.3B |
| 8 | Waste Connections Inc | WCN:TO | $9.9B | 43.3 | $67.1B |
| 9 | Thomson Reuters Corp | TRI:TO | $8.0B | 32.7 | $66.4B |
| 10 | Fastenal Company | FAST:US | $9.1B | 44.6 | $62.9B |
| 11 | Bombardier Inc Series B | BBD-B:TO | $9.8B | 25.5 | $62.2B |
| 12 | Bombardier Inc | BBD-A:TO | $9.8B | 25.4 | $61.8B |
| 13 | PACCAR Inc | PCAR:US | $29.1B | 20.2 | $55.6B |
| 14 | Honeywell Aerospace Inc | HONA:US | $18.0B | 46.7 | $52.2B |
| 15 | Thomson Reuters Corporation Common Shares | TRI:US | $8.0B | 33.3 | $47.0B |
| 16 | Ferrovial N.V. | FER:US | $9.9B | 33.7 | $43.8B |
| 17 | Paychex Inc | PAYX:US | $6.6B | 22.8 | $41.4B |
| 18 | United Airlines Holdings Inc | UAL:US | $65.6B | 11.0 | $39.2B |
| 19 | Rocket Lab USA Inc. | RKLB:US | $882M | - | $37.6B |
| 20 | Elbit Systems Ltd | ESLT:US | $8.5B | 55.7 | $34.7B |
| 21 | Old Dominion Freight Line Inc | ODFL:US | $5.8B | 30.7 | $34.6B |
| 22 | Ryanair Holdings PLC ADR | RYAAY:US | $15.8B | 15.5 | $32.0B |
| 23 | Copart Inc | CPRT:US | $4.7B | 20.9 | $30.1B |
| 24 | Verisk Analytics Inc | VRSK:US | $3.2B | 30.4 | $25.7B |
| 25 | WSP Global Inc | WSP:TO | $20.1B | 25.8 | $24.9B |
| 26 | RB Global | RBA:TO | $5.0B | 38.2 | $24.7B |
| 27 | Axon Enterprise Inc. | AXON:US | $3.4B | 97.5 | $24.7B |
| 28 | Gfl Environmental Holdings Inc | GFL:TO | $7.4B | - | $23.4B |
| 29 | Affirm Holdings Inc | AFRM:US | $4.6B | 11.8 | $23.1B |
| 30 | Symbotic Inc | SYM:US | $2.6B | 472.4 | $22.9B |
| 31 | Arxis, Inc. Class A Common Stock | ARXS:US | $1.9B | 279.2 | $21.6B |
| 32 | JB Hunt Transport Services Inc | JBHT:US | $13.3B | 31.6 | $20.9B |
| 33 | FTAI Aviation Ltd. | FTAI:US | $3.4B | 40.3 | $20.3B |
| 34 | Woodward Inc | WWD:US | $4.2B | 35.3 | $19.7B |
| 35 | Nordson Corporation | NDSN:US | $3.0B | 32.9 | $18.1B |
| 36 | Toromont Industries Ltd. | TIH:TO | $5.9B | 27.6 | $15.7B |
| 37 | Lincoln Electric Holdings Inc | LECO:US | $4.6B | 27.3 | $15.4B |
| 38 | Nextpower Inc. | NXT:US | $3.8B | 25.1 | $15.2B |
| 39 | CH Robinson Worldwide Inc | CHRW:US | $18.2B | 23.2 | $15.0B |
| 40 | Grab Holdings Ltd | GRAB:US | $4.0B | 34.4 | $13.9B |
| 41 | CAE Inc. | CAE:TO | $5.0B | 44.7 | $12.6B |
| 42 | Stantec Inc | STN:TO | $6.8B | 24.2 | $12.1B |
| 43 | Finning International Inc. | FTT:TO | $11.2B | 21.4 | $11.6B |
| 44 | INNIO N.V. Ordinary Shares | INIO:US | $3.5B | 114.7 | $11.2B |
| 45 | TFI International Inc | TFII:TO | $8.4B | 22.3 | $10.9B |
| 46 | Tetra Tech Inc | TTEK:US | $4.4B | 24.8 | $10.5B |
| 47 | Leonardo DRS, Inc. Common Stock | DRS:US | $3.9B | 26.9 | $9.7B |
| 48 | American Airlines Group | AAL:US | $61.0B | - | $9.3B |
| 49 | Saia Inc | SAIA:US | $3.5B | 32.1 | $9.1B |
| 50 | Bombardier Inc Pref B | BBD-PB:TO | $9.8B | - | $9.1B |
| 51 | Sterling Infrastructure, Inc. | STRL:US | $4.3B | 16.3 | $8.9B |
| 52 | Bombardier Inc Pref D | BBD-PD:TO | $9.8B | - | $8.5B |
| 53 | Element Fleet Management Corp | EFN:TO | $2.5B | 18.9 | $7.6B |
| 54 | Vicor Corporation | VICR:US | $561M | 42.7 | $7.5B |
| 55 | IES Holdings Inc | IESC:US | $4.0B | 15.4 | $7.4B |
| 56 | MDA Ltd | MDA:TO | $2.0B | 60.3 | $7.0B |
| 57 | Rush Enterprises B Inc | RUSHB:US | $7.5B | 25.9 | $7.0B |
| 58 | Xometry Inc | XMTR:US | $879M | - | $7.0B |
| 59 | Kratos Defense & Security Solutions | KTOS:US | $1.6B | 306.0 | $6.9B |
| 60 | Exchange Income Corporation | EIF:TO | $3.7B | 34.5 | $6.9B |
| 61 | Bombardier Inc Pref C | BBD-PC:TO | $9.8B | - | $6.8B |
| 62 | ExlService Holdings Inc | EXLS:US | $2.3B | 26.5 | $6.7B |
| 63 | LYFT Inc | LYFT:US | $6.9B | 2.5 | $6.3B |
| 64 | AeroVironment Inc | AVAV:US | $2.0B | - | $6.3B |
| 65 | Middleby Corp | MIDD:US | $3.4B | 30.1 | $6.3B |
| 66 | Casella Waste Systems Inc | CWST:US | $2.0B | 1033.3 | $5.9B |
| 67 | Air Canada | AC:TO | $24.8B | 25.1 | $5.9B |
| 68 | Secure Energy Services Inc. | SES:TO | $1.5B | 41.7 | $5.4B |
| 69 | Grupo Aeroportuario del Centro Norte SAB de CV | OMAB:US | $17.3B | 17.1 | $5.3B |
| 70 | Legence Corp. Class A Common stock | LGN:US | $3.7B | - | $5.3B |
| 71 | Rush Enterprises A Inc | RUSHA:US | $7.5B | 19.6 | $5.3B |
| 72 | VSE Corporation | VSEC:US | $1.6B | 41.7 | $5.2B |
| 73 | AAON Inc | AAON:US | $1.9B | 33.1 | $5.2B |
| 74 | Mercury Systems Inc | MRCY:US | $984M | - | $5.1B |
| 75 | Powell Industries Inc | POWL:US | $1.2B | 26.5 | $5.0B |
| 76 | Landstar System Inc | LSTR:US | $5.3B | 30.9 | $4.9B |
| 77 | Construction Partners Inc | ROAD:US | $3.5B | 32.0 | $4.6B |
| 78 | X-Energy, Inc. Class A Common Stock | XE:US | $150M | - | $4.5B |
| 79 | Ufp Industries Inc | UFPI:US | $6.4B | 20.0 | $4.5B |
| 80 | GDS Holdings Ltd | GDS:US | $12.3B | 10.4 | $4.5B |
| 81 | Avis Budget Group Inc | CAR:US | $11.6B | - | $4.4B |
| 82 | MYR Group Inc | MYRG:US | $4.3B | 22.7 | $4.3B |
| 83 | Franklin Electric Co Inc | FELE:US | $2.3B | 21.8 | $4.3B |
| 84 | Russel Metals Inc. | RUS:TO | $6.0B | 13.6 | $4.2B |
| 85 | EquipmentShare.com Inc Class A Common Stock | EQPT:US | $5.0B | 147.4 | $4.1B |
| 86 | Exponent Inc | EXPO:US | $583M | 37.1 | $4.1B |
| 87 | Firefly Aerospace Inc. Common Stock | FLY:US | $287M | - | $4.1B |
| 88 | First Advantage Corp | FA:US | $1.7B | 94.1 | $4.0B |
| 89 | Bird Construction Inc. | BDT:TO | $3.7B | 68.0 | $4.0B |
| 90 | Brookfield Business Partners L.P. | BBU-UN:TO | $27.5B | - | $3.9B |
| 91 | Aecon Group Inc. | ARE:TO | $6.3B | - | $3.8B |
| 92 | Icahn Enterprises LP | IEP:US | $10.9B | - | $3.7B |
| 93 | Willscot Mobile Mini Holdings Corp A | WSC:US | $2.3B | - | $3.6B |
| 94 | SkyWest Inc | SKYW:US | $4.3B | 8.1 | $3.2B |
| 95 | Star Bulk Carriers Corp | SBLK:US | $1.2B | 10.7 | $3.2B |
| 96 | McGrath RentCorp | MGRC:US | $951M | 19.8 | $3.1B |
| 97 | CECO Environmental Corp. | CECO:US | $903M | - | $3.0B |
| 98 | ArcBest Corp | ARCB:US | $4.4B | 103.5 | $2.9B |
| 99 | Mullen Group Ltd. | MTL:TO | $2.3B | 23.9 | $2.8B |
| 100 | Westshore Terminals Investment Corp | WTE:TO | $330M | 24.5 | $2.7B |
| 101 | Allegiant Travel Company | ALGT:US | $3.3B | 33.4 | $2.7B |
| 102 | Patrick Industries Inc | PATK:US | $3.9B | 21.3 | $2.6B |
| 103 | Huron Consulting Group Inc | HURN:US | $1.8B | 25.0 | $2.6B |
| 104 | Euronet Worldwide Inc | EEFT:US | $4.4B | 11.7 | $2.6B |
| 105 | Badger Infrastructure Solutions Ltd | BDGI:TO | $960M | 32.6 | $2.6B |
| 106 | Astronics Corporation | ATRO:US | $942M | 32.1 | $2.5B |
| 107 | Kingsoft Cloud Holdings Ltd | KC:US | $11.0B | - | $2.5B |
| 108 | Hammond Power Solutions Inc | HPS-A:TO | $1.3B | 34.4 | $2.5B |
| 109 | DXP Enterprises Inc | DXPE:US | $2.2B | 26.0 | $2.4B |
| 110 | Sunrun Inc | RUN:US | $3.9B | 4.9 | $2.4B |
| 111 | ATS CORP | ATS:TO | $2.9B | 272.1 | $2.3B |
| 112 | Savaria Corporation | SIS:TO | $968M | 24.4 | $2.2B |
| 113 | Midera Food Processing Inc | MFP:US | $938M | 128.1 | $2.1B |
| 114 | Blue Bird Corp | BLBD:US | $1.6B | 7.1 | $2.1B |
| 115 | Driven Brands Holdings Inc | DRVN:US | $1.9B | 12.4 | $2.0B |
| 116 | Magellan Aerospace Corporation | MAL:TO | $1.1B | 34.8 | $1.9B |
| 117 | Frontier Group Holdings Inc | ULCC:US | $4.6B | - | $1.9B |
| 118 | Concentrix Corporation | CNXC:US | $10.0B | - | $1.9B |
| 119 | Plug Power Inc | PLUG:US | $768M | - | $1.9B |
| 120 | Intuitive Machines Inc. | LUNR:US | $490M | - | $1.9B |
| 121 | Interface Inc | TILE:US | $1.4B | 13.5 | $1.8B |
| 122 | Werner Enterprises Inc | WERN:US | $3.4B | - | $1.7B |
| 123 | Healthcare Services Group Inc | HCSG:US | $1.9B | 16.7 | $1.7B |
| 124 | Hillman Solutions Corp | HLMN:US | $1.6B | 69.8 | $1.6B |
| 125 | Distribution Solutions Group Inc | DSGR:US | $2.1B | 145.7 | $1.6B |
| 126 | MillerKnoll Inc | MLKN:US | $3.8B | 15.8 | $1.5B |
| 127 | Hub Group Inc | HUBG:US | $3.7B | 14.2 | $1.5B |
| 128 | JetBlue Airways Corp | JBLU:US | $10.0B | - | $1.5B |
| 129 | Black Diamond Group Limited | BDI:TO | $563M | 68.4 | $1.5B |
| 130 | ICF International Inc | ICFI:US | $1.8B | 15.6 | $1.5B |
| 131 | Shoals Technologies Group Inc | SHLS:US | $648M | 39.6 | $1.5B |
| 132 | Liquidity Services Inc | LQDT:US | $490M | 44.2 | $1.4B |
| 133 | Allient Inc. | ALNT:US | $600M | 39.2 | $1.4B |
| 134 | Cargojet Inc | CJT:TO | $1.0B | 31.7 | $1.4B |
| 135 | Preformed Line Products Company | PLPC:US | $772M | 23.9 | $1.4B |
| 136 | Cimpress NV | CMPR:US | $3.8B | 16.4 | $1.4B |
| 137 | TriMas Corporation | TRS:US | $677M | 14.7 | $1.4B |
| 138 | Algoma Central Corporation | ALC:TO | $828M | 7.2 | $1.3B |
| 139 | Dexterra Group Inc | DXT:TO | $1.1B | 28.0 | $1.2B |
| 140 | CRA International Inc | CRAI:US | $824M | 24.8 | $1.2B |
| 141 | American Superconductor Corporation | AMSC:US | $349M | 8.6 | $1.2B |
| 142 | Upwork Inc | UPWK:US | $771M | 12.0 | $1.2B |
| 143 | Capital Clean Energy Carriers Corp. | CCEC:US | $439M | 12.4 | $1.2B |
| 144 | Innodata Inc | INOD:US | $350M | 26.8 | $1.2B |
| 145 | Red Violet Inc | RDVT:US | $104M | 61.6 | $1.2B |
| 146 | Fluence Energy Inc | FLNC:US | $2.6B | - | $1.1B |
| 147 | Willdan Group Inc | WLDN:US | $774M | 16.3 | $1.0B |
| 148 | Calian Technologies Ltd | CGY:TO | $870M | 27.1 | $1.0B |
| 149 | Transcat Inc | TRNS:US | $363M | 226.8 | $1.0B |
| 150 | Apogee Enterprises Inc | APOG:US | $1.4B | 15.1 | $999M |
| 151 | Republic Airways Holdings Inc | RJET:US | $2.1B | 10.0 | $994M |
| 152 | Latham Group Inc | SWIM:US | $597M | 105.0 | $989M |
| 153 | Marten Transport Ltd | MRTN:US | $860M | 75.1 | $981M |
| 154 | Willis Lease Finance Corporation | WLFC:US | $818M | 13.8 | $967M |
| 155 | Gibraltar Industries Inc | ROCK:US | $1.6B | 19.6 | $930M |
| 156 | ADENTRA Inc. | ADEN:TO | $2.3B | 10.0 | $914M |
| 157 | Kelly Services B Inc | KELYB:US | $4.1B | - | $902M |
| 158 | Aebi Schmidt Holding AG - Common Stock | AEBI:US | $2.0B | 38.0 | $885M |
| 159 | NWPX Infrastructure, Inc. | NWPX:US | $603M | 16.8 | $883M |
| 160 | Firan Technology Group Corporation | FTG:TO | $216M | 41.5 | $867M |
| 161 | Astec Industries Inc | ASTE:US | $1.6B | 75.3 | $867M |
| 162 | Doman Building Materials Group Ltd | DBM:TO | $3.1B | 9.7 | $863M |
| 163 | GDI Integrated | GDI:TO | $2.5B | 20.4 | $861M |
| 164 | Power Solutions International, Inc. Common Stock | PSIX:US | $674M | 12.4 | $844M |
| 165 | Taskus Inc | TASK:US | $1.2B | 8.3 | $840M |
| 166 | FuelCell Energy Inc | FCEL:US | $154M | - | $822M |
| 167 | LegalZoom.com Inc | LZ:US | $797M | 44.1 | $801M |
| 168 | Array Technologies Inc | ARRY:US | $1.1B | - | $801M |
| 169 | Heartland Express Inc | HTLD:US | $719M | - | $799M |
| 170 | Universal Logistics Holdings Inc | ULH:US | $1.5B | 493.5 | $781M |
| 171 | Ballard Power Systems Inc | BLDP:TO | $106M | - | $776M |
| 172 | Kornit Digital Ltd | KRNT:US | $216M | - | $768M |
| 173 | Karat Packaging Inc | KRT:US | $504M | 15.6 | $756M |
| 174 | Bowman Consulting Group Ltd | BWMN:US | $550M | - | $754M |
| 175 | Barrett Business Services Inc | BBSI:US | $1.3B | 25.5 | $752M |
| 176 | Chorus Aviation Inc | CHR:TO | $1.3B | 16.8 | $743M |
| 177 | Wajax Corporation | WJX:TO | $2.1B | 12.4 | $738M |
| 178 | Sabre Corporation | SABR:US | $2.9B | - | $727M |
| 179 | Cass Information Systems Inc | CASS:US | $217M | 19.2 | $711M |
| 180 | Ads Tec Energy PLC | ADSE:US | $24M | - | $699M |
| 181 | Eos Energy Enterprises Inc | EOSE:US | $266M | - | $689M |
| 182 | Park Ohio Holdings Corp | PKOH:US | $1.7B | 18.5 | $675M |
| 183 | i3 Verticals Inc | IIIV:US | $218M | 66.6 | $672M |
| 184 | The Elmet Group Co. Common Stock | ELMT:US | $229M | - | $670M |
| 185 | Limbach Holdings Inc | LMB:US | $730M | 22.3 | $669M |
| 186 | Diversified Royalty Corp | DIV:TO | $76M | 20.7 | $664M |
| 187 | OIO Group | OIO:US | $5M | - | $626M |
| 188 | Nano Nuclear Energy Inc. Common Stock | NNE:US | $214,042 | - | $622M |
| 189 | Matthews International Corporation | MATW:US | $1.1B | - | $613M |
| 190 | Enovix Corp | ENVX:US | $36M | - | $610M |
| 191 | Satellogic V Inc | SATL:US | $32M | - | $610M |
| 192 | Forward Air Corporation | FWRD:US | $2.5B | - | $596M |
| 193 | LSI Industries Inc | LYTS:US | $758M | 26.1 | $595M |
| 194 | Hertz Global Holdings Inc | HTZ:US | $9.0B | - | $583M |
| 195 | Columbus McKinnon Corporation | CMCO:US | $1.8B | - | $569M |
| 196 | Titan Machinery Inc | TITN:US | $2.3B | - | $558M |
| 197 | Strata Critical Medical, Inc. | SRTA:US | $281M | - | $540M |
| 198 | Pangaea Logistic | PANL:US | $761M | 7.2 | $532M |
| 199 | K-Bro Linen Inc. | KBL:TO | $592M | 24.6 | $529M |
| 200 | Ballard Power Systems Inc | BLDP:US | $106M | - | $520M |
Frequently Asked Questions
Which Canadian company ranks #1 by market cap in Industrials?
As of November 11, 2026, Space Exploration Technologies Corp. Class A Common Stock (SPCX:US) ranks #1 in Industrials at $1929.5B.
How often is this ranking updated?
The table is rebuilt from live fundamentals throughout the day. This page currently shows data as of November 11, 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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