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 22, 2026200 companiesTotal market cap $4089.5B
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 | - | $1947.0B |
| 2 | Automatic Data Processing Inc | ADP:US | $21.9B | 26.7 | $116.7B |
| 3 | Canadian Pacific Railway Ltd | CP:TO | $15.4B | 28.8 | $108.7B |
| 4 | Canadian National Railway Co | CNR:TO | $17.8B | 22.0 | $103.6B |
| 5 | CSX Corporation | CSX:US | $14.5B | 28.1 | $89.7B |
| 6 | Cintas Corporation | CTAS:US | $11.6B | 43.4 | $87.4B |
| 7 | Thomson Reuters Corp | TRI:TO | $7.8B | 31.2 | $68.6B |
| 8 | Honeywell International Inc | HON:US | $38.1B | 7.9 | $68.1B |
| 9 | Bombardier Inc | BBD-A:TO | $9.7B | 25.6 | $62.2B |
| 10 | Bombardier Inc Series B | BBD-B:TO | $9.7B | 24.9 | $60.5B |
| 11 | Fastenal Company | FAST:US | $9.1B | 42.7 | $60.2B |
| 12 | Waste Connections Inc | WCN:TO | $9.8B | 42.4 | $59.9B |
| 13 | PACCAR Inc | PCAR:US | $27.8B | 23.2 | $58.0B |
| 14 | Honeywell Aerospace Inc | HONA:US | $17.9B | 48.8 | $50.7B |
| 15 | Thomson Reuters Corporation Common Shares | TRI:US | $7.8B | 29.6 | $49.9B |
| 16 | Paychex Inc | PAYX:US | $6.6B | 22.3 | $40.0B |
| 17 | Old Dominion Freight Line Inc | ODFL:US | $5.6B | 36.3 | $39.2B |
| 18 | Ferrovial N.V. | FER:US | $9.9B | 27.0 | $36.0B |
| 19 | Elbit Systems Ltd | ESLT:US | $8.5B | 56.0 | $34.8B |
| 20 | Rocket Lab USA Inc. | RKLB:US | $769M | - | $32.5B |
| 21 | Axon Enterprise Inc. | AXON:US | $3.2B | 162.9 | $31.9B |
| 22 | United Airlines Holdings Inc | UAL:US | $62.9B | 9.0 | $31.7B |
| 23 | Ryanair Holdings PLC ADR | RYAAY:US | $15.6B | 13.0 | $28.0B |
| 24 | Copart Inc | CPRT:US | $4.7B | 18.0 | $25.8B |
| 25 | Affirm Holdings Inc | AFRM:US | $4.3B | 13.4 | $24.9B |
| 26 | Verisk Analytics Inc | VRSK:US | $3.1B | 29.3 | $24.8B |
| 27 | Symbotic Inc | SYM:US | $2.6B | 496.1 | $24.0B |
| 28 | WSP Global Inc | WSP:TO | $19.3B | 25.6 | $23.5B |
| 29 | Arxis, Inc. Class A Common Stock | ARXS:US | $1.8B | 651.8 | $22.5B |
| 30 | Gfl Environmental Holdings Inc | GFL:TO | $7.0B | - | $22.1B |
| 31 | RB Global | RBA:TO | $4.8B | 35.9 | $21.3B |
| 32 | JB Hunt Transport Services Inc | JBHT:US | $13.3B | 31.5 | $21.3B |
| 33 | Woodward Inc | WWD:US | $4.2B | 36.2 | $19.2B |
| 34 | Nordson Corporation | NDSN:US | $3.0B | 33.6 | $18.5B |
| 35 | Toromont Industries Ltd. | TIH:TO | $5.6B | 32.9 | $16.8B |
| 36 | CH Robinson Worldwide Inc | CHRW:US | $17.0B | 26.9 | $16.4B |
| 37 | FTAI Aviation Ltd. | FTAI:US | $3.1B | 34.3 | $16.2B |
| 38 | Lincoln Electric Holdings Inc | LECO:US | $4.5B | 26.0 | $14.2B |
| 39 | Finning International Inc. | FTT:TO | $11.2B | 24.2 | $13.2B |
| 40 | TFI International Inc | TFII:TO | $8.1B | 28.1 | $13.0B |
| 41 | Sterling Infrastructure, Inc. | STRL:US | $3.4B | 29.7 | $12.6B |
| 42 | Nextpower Inc. | NXT:US | $3.6B | 20.4 | $12.6B |
| 43 | INNIO N.V. Ordinary Shares | INIO:US | $3.1B | 541.0 | $12.2B |
| 44 | Grab Holdings Ltd | GRAB:US | $3.7B | 26.3 | $11.8B |
| 45 | Stantec Inc | STN:TO | $6.8B | 22.3 | $11.1B |
| 46 | CAE Inc. | CAE:TO | $5.0B | 38.7 | $11.1B |
| 47 | IES Holdings Inc | IESC:US | $4.0B | 21.0 | $10.0B |
| 48 | Vicor Corporation | VICR:US | $474M | 53.3 | $9.4B |
| 49 | Leonardo DRS, Inc. Common Stock | DRS:US | $3.8B | 29.5 | $9.1B |
| 50 | Bombardier Inc Pref B | BBD-PB:TO | $9.7B | - | $9.1B |
| 51 | Saia Inc | SAIA:US | $3.4B | 32.7 | $9.0B |
| 52 | Tetra Tech Inc | TTEK:US | $4.4B | 21.1 | $9.0B |
| 53 | Bombardier Inc Pref D | BBD-PD:TO | $9.7B | - | $8.5B |
| 54 | Element Fleet Management Corp | EFN:TO | $2.5B | 21.0 | $8.5B |
| 55 | American Airlines Group | AAL:US | $58.3B | - | $8.1B |
| 56 | Kratos Defense & Security Solutions | KTOS:US | $1.5B | 227.9 | $7.3B |
| 57 | Bombardier Inc Pref C | BBD-PC:TO | $9.7B | - | $6.8B |
| 58 | Legence Corp. Class A Common stock | LGN:US | $3.7B | - | $6.8B |
| 59 | Rush Enterprises B Inc | RUSHB:US | $7.2B | 26.2 | $6.8B |
| 60 | Exchange Income Corporation | EIF:TO | $3.7B | 30.6 | $6.4B |
| 61 | LYFT Inc | LYFT:US | $6.8B | 2.4 | $6.4B |
| 62 | MDA Ltd | MDA:TO | $1.9B | 49.1 | $6.3B |
| 63 | ExlService Holdings Inc | EXLS:US | $2.2B | 25.8 | $6.2B |
| 64 | Powell Industries Inc | POWL:US | $1.2B | 31.6 | $6.2B |
| 65 | AAON Inc | AAON:US | $1.9B | 38.9 | $6.1B |
| 66 | AeroVironment Inc | AVAV:US | $2.0B | - | $6.0B |
| 67 | Landstar System Inc | LSTR:US | $5.0B | 44.4 | $5.8B |
| 68 | Casella Waste Systems Inc | CWST:US | $2.0B | 1002.4 | $5.7B |
| 69 | Air Canada | AC:TO | $23.6B | 15.8 | $5.5B |
| 70 | Secure Energy Services Inc. | SES:TO | $1.5B | 41.7 | $5.4B |
| 71 | Xometry Inc | XMTR:US | $808M | - | $5.4B |
| 72 | Rush Enterprises A Inc | RUSHA:US | $7.2B | 20.8 | $5.4B |
| 73 | Middleby Corp | MIDD:US | $3.4B | - | $5.0B |
| 74 | Russel Metals Inc. | RUS:TO | $5.3B | 22.9 | $4.9B |
| 75 | Construction Partners Inc | ROAD:US | $3.5B | 33.3 | $4.8B |
| 76 | GDS Holdings Ltd | GDS:US | $12.3B | 10.9 | $4.7B |
| 77 | Mercury Systems Inc | MRCY:US | $984M | - | $4.6B |
| 78 | Grupo Aeroportuario del Centro Norte SAB de CV | OMAB:US | $16.3B | 15.2 | $4.6B |
| 79 | Icahn Enterprises LP | IEP:US | $10.4B | - | $4.6B |
| 80 | Franklin Electric Co Inc | FELE:US | $2.2B | 28.9 | $4.4B |
| 81 | Ufp Industries Inc | UFPI:US | $6.2B | 18.2 | $4.4B |
| 82 | X-Energy, Inc. Class A Common Stock | XE:US | $150M | - | $4.4B |
| 83 | VSE Corporation | VSEC:US | $1.4B | 49.1 | $4.3B |
| 84 | MYR Group Inc | MYRG:US | $4.0B | 26.1 | $4.3B |
| 85 | Bird Construction Inc. | BDT:TO | $3.7B | 69.0 | $4.1B |
| 86 | EquipmentShare.com Inc Class A Common Stock | EQPT:US | $5.0B | 141.8 | $4.0B |
| 87 | Brookfield Business Partners L.P. | BBU-UN:TO | $27.5B | - | $3.9B |
| 88 | SkyWest Inc | SKYW:US | $4.2B | 9.4 | $3.7B |
| 89 | Avis Budget Group Inc | CAR:US | $11.7B | - | $3.5B |
| 90 | Exponent Inc | EXPO:US | $567M | 32.4 | $3.4B |
| 91 | CECO Environmental Corp. | CECO:US | $903M | - | $3.4B |
| 92 | First Advantage Corp | FA:US | $1.7B | 139.7 | $3.4B |
| 93 | Aecon Group Inc. | ARE:TO | $6.0B | - | $3.3B |
| 94 | Star Bulk Carriers Corp | SBLK:US | $1.2B | 11.3 | $3.3B |
| 95 | Willscot Mobile Mini Holdings Corp A | WSC:US | $2.3B | - | $3.0B |
| 96 | Badger Infrastructure Solutions Ltd | BDGI:TO | $911M | 34.9 | $2.9B |
| 97 | Huron Consulting Group Inc | HURN:US | $1.8B | 27.6 | $2.9B |
| 98 | ArcBest Corp | ARCB:US | $4.2B | 188.4 | $2.9B |
| 99 | McGrath RentCorp | MGRC:US | $933M | 18.4 | $2.8B |
| 100 | Westshore Terminals Investment Corp | WTE:TO | $330M | 27.9 | $2.7B |
| 101 | Firefly Aerospace Inc. Common Stock | FLY:US | $287M | - | $2.7B |
| 102 | Hammond Power Solutions Inc | HPS-A:TO | $1.1B | 40.9 | $2.7B |
| 103 | DXP Enterprises Inc | DXPE:US | $2.1B | 30.0 | $2.6B |
| 104 | Mullen Group Ltd. | MTL:TO | $2.3B | 24.9 | $2.6B |
| 105 | ATS CORP | ATS:TO | $2.9B | 55.7 | $2.6B |
| 106 | Astronics Corporation | ATRO:US | $942M | 32.7 | $2.6B |
| 107 | Kingsoft Cloud Holdings Ltd | KC:US | $11.0B | - | $2.6B |
| 108 | Euronet Worldwide Inc | EEFT:US | $4.4B | 10.5 | $2.5B |
| 109 | Patrick Industries Inc | PATK:US | $3.9B | 15.9 | $2.1B |
| 110 | Savaria Corporation | SIS:TO | $948M | 24.4 | $2.1B |
| 111 | Innodata Inc | INOD:US | $317M | 42.6 | $2.1B |
| 112 | Interface Inc | TILE:US | $1.4B | 14.4 | $2.0B |
| 113 | Driven Brands Holdings Inc | DRVN:US | $1.9B | 12.3 | $2.0B |
| 114 | Plug Power Inc | PLUG:US | $744M | - | $2.0B |
| 115 | Cimpress NV | CMPR:US | $3.7B | 21.3 | $2.0B |
| 116 | Blue Bird Corp | BLBD:US | $1.6B | 6.8 | $2.0B |
| 117 | Magellan Aerospace Corporation | MAL:TO | $1.1B | 31.2 | $1.9B |
| 118 | Allegiant Travel Company | ALGT:US | $2.9B | 59.9 | $1.9B |
| 119 | Midera Food Processing Inc | MFP:US | $938M | 116.2 | $1.9B |
| 120 | Sunrun Inc | RUN:US | $3.5B | 5.1 | $1.8B |
| 121 | Concentrix Corporation | CNXC:US | $10.0B | - | $1.8B |
| 122 | Werner Enterprises Inc | WERN:US | $3.3B | - | $1.8B |
| 123 | Intuitive Machines Inc. | LUNR:US | $490M | - | $1.8B |
| 124 | Preformed Line Products Company | PLPC:US | $740M | 40.2 | $1.7B |
| 125 | Allient Inc. | ALNT:US | $575M | 57.3 | $1.7B |
| 126 | Distribution Solutions Group Inc | DSGR:US | $2.1B | 184.5 | $1.6B |
| 127 | ICF International Inc | ICFI:US | $1.8B | 18.6 | $1.6B |
| 128 | Hub Group Inc | HUBG:US | $3.7B | 15.0 | $1.6B |
| 129 | Healthcare Services Group Inc | HCSG:US | $1.9B | 12.4 | $1.5B |
| 130 | MillerKnoll Inc | MLKN:US | $3.8B | 14.9 | $1.5B |
| 131 | TriMas Corporation | TRS:US | $664M | 16.2 | $1.4B |
| 132 | Hillman Solutions Corp | HLMN:US | $1.6B | 36.2 | $1.4B |
| 133 | Liquidity Services Inc | LQDT:US | $490M | 42.7 | $1.4B |
| 134 | American Superconductor Corporation | AMSC:US | $321M | 9.0 | $1.3B |
| 135 | Black Diamond Group Limited | BDI:TO | $508M | 55.0 | $1.3B |
| 136 | Algoma Central Corporation | ALC:TO | $828M | 7.2 | $1.3B |
| 137 | Cargojet Inc | CJT:TO | $1.0B | 28.0 | $1.3B |
| 138 | Red Violet Inc | RDVT:US | $99M | 66.6 | $1.3B |
| 139 | Shoals Technologies Group Inc | SHLS:US | $588M | 39.3 | $1.3B |
| 140 | Power Solutions International, Inc. Common Stock | PSIX:US | $676M | 16.5 | $1.2B |
| 141 | Capital Clean Energy Carriers Corp. | CCEC:US | $397M | 11.9 | $1.2B |
| 142 | Fluence Energy Inc | FLNC:US | $2.6B | - | $1.2B |
| 143 | Gibraltar Industries Inc | ROCK:US | $1.4B | 19.2 | $1.2B |
| 144 | CRA International Inc | CRAI:US | $795M | 24.0 | $1.1B |
| 145 | Frontier Group Holdings Inc | ULCC:US | $4.2B | - | $1.1B |
| 146 | LegalZoom.com Inc | LZ:US | $792M | 72.6 | $1.1B |
| 147 | Willdan Group Inc | WLDN:US | $742M | 17.1 | $1.1B |
| 148 | JetBlue Airways Corp | JBLU:US | $9.5B | - | $1.1B |
| 149 | Upwork Inc | UPWK:US | $787M | 11.4 | $1.1B |
| 150 | Dexterra Group Inc | DXT:TO | $1.1B | 24.9 | $1.1B |
| 151 | Karat Packaging Inc | KRT:US | $493M | 21.6 | $1.1B |
| 152 | FuelCell Energy Inc | FCEL:US | $154M | - | $1.1B |
| 153 | Marten Transport Ltd | MRTN:US | $858M | 84.4 | $1.0B |
| 154 | Calian Technologies Ltd | CGY:TO | $870M | 25.7 | $978M |
| 155 | NWPX Infrastructure, Inc. | NWPX:US | $574M | 20.0 | $957M |
| 156 | Apogee Enterprises Inc | APOG:US | $1.4B | 13.7 | $913M |
| 157 | Kelly Services B Inc | KELYB:US | $4.1B | - | $903M |
| 158 | Astec Industries Inc | ASTE:US | $1.6B | 46.2 | $903M |
| 159 | Doman Building Materials Group Ltd | DBM:TO | $3.1B | 10.4 | $887M |
| 160 | Aebi Schmidt Holding AG - Common Stock | AEBI:US | $2.0B | 36.0 | $865M |
| 161 | GDI Integrated | GDI:TO | $2.5B | 20.4 | $861M |
| 162 | ADENTRA Inc. | ADEN:TO | $2.3B | 9.2 | $838M |
| 163 | Firan Technology Group Corporation | FTG:TO | $216M | 36.0 | $833M |
| 164 | Willis Lease Finance Corporation | WLFC:US | $754M | 9.3 | $827M |
| 165 | Transcat Inc | TRNS:US | $348M | 227.1 | $808M |
| 166 | Wajax Corporation | WJX:TO | $2.1B | 12.7 | $796M |
| 167 | Heartland Express Inc | HTLD:US | $736M | - | $793M |
| 168 | Taskus Inc | TASK:US | $1.2B | 7.3 | $772M |
| 169 | Barrett Business Services Inc | BBSI:US | $1.3B | 23.8 | $771M |
| 170 | Republic Airways Holdings Inc | RJET:US | $2.0B | 10.7 | $760M |
| 171 | Diversified Royalty Corp | DIV:TO | $76M | 23.5 | $755M |
| 172 | Kornit Digital Ltd | KRNT:US | $216M | - | $754M |
| 173 | Ballard Power Systems Inc | BLDP:TO | $106M | - | $748M |
| 174 | Ads Tec Energy PLC | ADSE:US | $24M | - | $747M |
| 175 | Latham Group Inc | SWIM:US | $577M | 126.2 | $742M |
| 176 | LSI Industries Inc | LYTS:US | $689M | 28.9 | $734M |
| 177 | Nano Nuclear Energy Inc. Common Stock | NNE:US | $214,042 | - | $716M |
| 178 | Bowman Consulting Group Ltd | BWMN:US | $528M | 104.4 | $710M |
| 179 | Cass Information Systems Inc | CASS:US | $215M | 19.7 | $701M |
| 180 | Hertz Global Holdings Inc | HTZ:US | $8.9B | - | $684M |
| 181 | Park Ohio Holdings Corp | PKOH:US | $1.7B | 23.9 | $671M |
| 182 | Chorus Aviation Inc | CHR:TO | $1.3B | 15.0 | $665M |
| 183 | Sabre Corporation | SABR:US | $2.9B | - | $634M |
| 184 | ESGL Holdings Limited | OIO:US | $5M | - | $619M |
| 185 | Eos Energy Enterprises Inc | EOSE:US | $214M | - | $612M |
| 186 | Matthews International Corporation | MATW:US | $1.1B | - | $597M |
| 187 | i3 Verticals Inc | IIIV:US | $218M | 58.4 | $589M |
| 188 | The Elmet Group Co. Common Stock | ELMT:US | $229M | - | $580M |
| 189 | Satellogic V Inc | SATL:US | $32M | - | $567M |
| 190 | Limbach Holdings Inc | LMB:US | $684M | 18.9 | $567M |
| 191 | Kelly Services A Inc | KELYA:US | $4.1B | - | $549M |
| 192 | Titan Machinery Inc | TITN:US | $2.3B | - | $539M |
| 193 | K-Bro Linen Inc. | KBL:TO | $592M | 25.2 | $534M |
| 194 | Ballard Power Systems Inc | BLDP:US | $106M | - | $534M |
| 195 | Forward Air Corporation | FWRD:US | $2.5B | - | $532M |
| 196 | Array Technologies Inc | ARRY:US | $1.2B | - | $513M |
| 197 | Factorial Energy Inc. | FAC:US | - | - | $510M |
| 198 | Pangaea Logistic | PANL:US | $710M | 10.6 | $506M |
| 199 | Enovix Corp | ENVX:US | $36M | - | $494M |
| 200 | Euroseas Ltd | ESEA:US | $227M | 3.4 | $475M |
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Frequently Asked Questions
Which Canadian company ranks #1 by market cap in Industrials?
As of October 22, 2026, Space Exploration Technologies Corp. Class A Common Stock (SPCX:US) ranks #1 in Industrials at $1947.0B.
How often is this ranking updated?
The table is rebuilt from live fundamentals throughout the day. This page currently shows data as of October 22, 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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