CompaniesRanked

2874 companies · fiscal year 2025 · SEC EDGAR · September 25, 2026

Largest companies in Canada by revenue

Revenue is total net sales for the fiscal year, taken from each company's own annual filing. Figures are for fiscal year 2025 and are read directly from each company's SEC filings; the source column on every row links to the document.

Ranks 1–100 of 100 · Fiscal year 2025 · Data as of September 25, 2026

Brookfield (BN) tops the list with $75.1B in revenue for fiscal 2025, ahead of Toronto Dominion Bank ($48.5B) and Royal Bank of Canada ($47.7B). The top 10 together report $424B in revenue; the gap between #1 and #10 is ×2.71. 100 companies in Canada report revenue, 3.5% of the 2853-filer universe. The last place on the list, Ianthus Capital, comes in at $144M.

Revenue
#CompanyRevenueYoY15-year trend
1BrookfieldBNCAReal estate$75.1B−12.7%
2Toronto Dominion BankTDCAFinancials$48.5B+16.1%
3Royal Bank of CanadaRYCAFinancials$47.7B+13.8%
4EnbridgeENBCAEnergy$46.7B+19.5%
5Magna InternationalMGACAConsumer discretionary$42.0B−1.9%
6Suncor EnergySUCAEnergy$37.5B−6.5%
7Cenovus EnergyCVECAEnergy$35.6B−10.3%
8Imperial OilIMOCAEnergy$33.7B−10.5%
9Sun Life FinancialSLFCAFinancials$30.0B+5.9%
10Canadian Natural ResourcesCNQCAEnergy$27.7B+6.5%
11Bank of Nova ScotiaBNSCAFinancials$27.0B+9.9%
12NutrienNTRCAMaterials$26.9B+3.5%
13Bank of MontrealBMOCAFinancials$26.0B+8.4%
14Canadian Imperial Bank of CommerceCMCAFinancials$20.9B+11.5%
15BceBCECACommunication services$17.5B−1.8%
16Barrick MiningBCAMaterials$17.0B+31.2%
17Rogers CommunicationsRCICACommunication services$15.5B+3.3%
18TelusTUCACommunication services$14.7B−1.4%
19CelesticaCLSCATechnology$12.4B+28.5%
20Canadian National RailwayCNICAIndustrials$12.4B−0.5%
21Agnico Eagle MinesAEMCAMaterials$11.9B+43.7%
22ShopifySHOPCATechnology$11.6B+30.1%
23Lululemon AthleticaLULUCAConsumer discretionary$11.1B+4.9%
24TC EnergyTRPCAUtilities$10.9B+8.5%
25Canadian Pacific Kansas CityCPCAIndustrials$10.8B+1.6%
26Bausch Health CompaniesBHCCAHealthcare$10.3B+6.7%
27Waste ConnectionsWCNCAUtilities$9.5B+6.1%
28FortisFTSCAUtilities$8.7B+3.6%
29Tfi InternationalTFIICAIndustrials$7.9B−6.1%
30Teck ResourcesTECKCAMaterials$7.7B+16.3%
31Thomson ReutersTRICACommunication services$7.5B+3.0%
32Kinross GoldKGCCAMaterials$7.1B+36.9%
33Hydro OneHRNNFCAUtilities$6.5B+4.4%
34EmeraEMACAUtilities$6.3B+19.5%
35BRPDOOCAIndustrials$6.0B+4.7%
36StantecSTNCAIndustrials$5.8B+6.4%
37Manulife FinancialMFCCAFinancials$5.8B+5.0%
38Canadian SolarCSIQCATechnology$5.6B−6.6%
39Pembina PipelinePBACAEnergy$5.6B+3.2%
40Colliers InternationalCIGICAReal estate$5.6B+15.3%
41FirstserviceFSVCAReal estate$5.5B+5.4%
42West Fraser TimberWFGCAIndustrials$5.5B−11.5%
43Open TextOTEXCATechnology$5.2B−10.4%
44Bausch & LombBLCOCAHealthcare$5.1B+6.5%
45RB GlobalRBACATechnology$4.6B+7.2%
46Gildan ActivewearGILCAConsumer discretionary$3.6B+10.7%
47Pan American SilverPAASCAMaterials$3.6B+28.4%
48MethanexMEOHCAMaterials$3.6B−3.5%
49Boyd Group ServicesBGSICAConsumer discretionary$3.1B+2.4%
50IamgoldIAGCAMaterials$2.9B+74.7%
51Lionsgate StudiosLIONCACommunication services$2.6B+1.8%
52EnerflexEFXTCAIndustrials$2.6B+6.5%
53CamecoCCJCAMaterials$2.5B+8.8%
54Algonquin Power & UtilitiesAQNCAUtilities$2.4B+4.9%
55Wheaton Precious MetalsWPMCAMaterials$2.3B+80.2%
56Hudbay MineralsHBMCAMaterials$2.2B+9.4%
57South BowSOBOCAEnergy$2.0B−6.3%
58Mercer InternationalMERCCAMaterials$1.9B−8.6%
59Franco NevadaFNVCAMaterials$1.8B+63.7%
60Eldorado GoldEGOCAMaterials$1.8B+37.5%
61Equinox GoldEQXCAMaterials$1.8B+99.1%
62Alamos GoldAGICAMaterials$1.8B+34.3%
63TransaltaTACCAUtilities$1.7B−17.1%
64Algoma SteelASTLCAMaterials$1.5B−27.9%
65Allied GoldAAUCCAMaterials$1.3B+82.3%
66Precision DrillingPDSCAEnergy$1.3B−5.0%
67Vermilion EnergyVETCAEnergy$1.3B+11.9%
68First Majestic SilverAGCAMaterials$1.3B+124.3%
69Baytex EnergyBTECAEnergy$1.1B−10.0%
70Fortuna MiningFSMCAMaterials$947M+39.8%
71Aris MiningARISCAMaterials$928M+81.7%
72North American ConstructionNOACAEnergy$919M+8.0%
73Ero CopperEROCAMaterials$786M+67.1%
74Descartes SystemsDSGXCATechnology$729M+12.0%
75SNDLSNDLCAHealthcare$677M+0.8%
76Gran Tierra EnergyGTECAEnergy$597M−4.0%
77BlackberryBBCATechnology$549M+2.7%
78Trekor MetalsTGBCAMaterials$482M+8.5%
79Endeavour SilverEXKCAMaterials$468M+114.8%
80Galiano GoldGAUCAMaterials$448M+93.6%
81High TideHITICAConsumer discretionary$425M+11.5%
82Greenfire ResourcesGFRCAEnergy$418M−27.6%
83ImaxIMAXCAConsumer discretionary$410M+16.5%
84Obsidian EnergyOBECAEnergy$409M−26.0%
85TucowsTCXCATechnology$390M+7.7%
86Triple Flag Precious MetalsTFPMCAFinancials$389M+44.5%
87TelesatTSATCACommunication services$299M−28.3%
88Hive Digital TechnologiesHIVECAFinancials$298M+158.3%
89SprottSIICAFinancials$285M+59.6%
90Aurinia PharmaceuticalsAUPHCAHealthcare$283M+20.4%
91Or RoyaltiesORCAMaterials$277M+45.1%
92TerrascendTSNDFCAConsumer staples$261M−2.8%
93Integra ResourcesITRGCAMaterials$244M+703.7%
94DoceboDCBOCATechnology$243M+11.9%
95Canopy GrowthCGCCAHealthcare$204M+3.7%
96McewenMUXCAMaterials$198M+13.2%
97Dirtt Environmental SolutionsDRTTFCATechnology$169M−3.1%
98Birks GroupBGICFCAConsumer discretionary$147M−17.3%
99Cronos GroupCRONCAHealthcare$147M+24.6%
100Ianthus CapitalITHUFCAConsumer staples$144M−14.1%

All figures from SEC filings · FY2025 · 100

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{{cite web |title=Largest companies in Canada by revenue |url=https://companiesranked.com/en/largest-companies-in-canada-by-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}

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CompaniesRanked. (September 25, 2026). Largest companies in Canada by revenue. CompaniesRanked. https://companiesranked.com/en/largest-companies-in-canada-by-revenue

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@misc{companiesranked-en-largest-companies-in-canada-by-revenue-2026,
  author       = {{CompaniesRanked}},
  title        = {{Largest companies in Canada by revenue}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/largest-companies-in-canada-by-revenue}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

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