{"id":208285,"date":"2024-02-13T01:34:11","date_gmt":"2024-02-12T23:34:11","guid":{"rendered":"https:\/\/ceoworld.biz\/?p=208285"},"modified":"2025-02-10T14:06:36","modified_gmt":"2025-02-10T12:06:36","slug":"israels-largest-companies-by-market-capitalization-2024","status":"publish","type":"post","link":"https:\/\/ceoworld.biz\/2024\/02\/13\/israels-largest-companies-by-market-capitalization-2024\/","title":{"rendered":"Israel&#8217;s Largest Companies by market capitalization, 2024"},"content":{"rendered":"<p><strong>As of February 10, 2025, BANK LEUMI LE-ISRAEL is the most valuable company in Israel, with a market cap of $19.86 billion.<\/strong> Following it are BANK HAPOALIM ($17.7 billion) and ELBIT SYSTEMS LTD. ($13.63 billion).<\/p>\n<p><strong>Which one is the most valuable in Israel by market cap? This list comprises the biggest companies currently in Israel by market cap in 2024:<\/strong><\/p>\n<h2 id=\"tablepress-808-name\" class=\"tablepress-table-name tablepress-table-name-id-808\">Israel's Largest Companies by market capitalization, 2024<\/h2>\n\n<table id=\"tablepress-808\" class=\"tablepress tablepress-id-808\" aria-labelledby=\"tablepress-808-name\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\"><strong>RANK <\/strong><\/th><th class=\"column-2\"><strong>COMPANY<\/strong><\/th><th class=\"column-3\"><strong>MARKET CAPITAL (USD DOLLER)<\/strong><\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">1<\/td><td class=\"column-2\">BANK LEUMI LE-ISRAEL B.M.<\/td><td class=\"column-3\">$19.86 billion<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">2<\/td><td class=\"column-2\">BANK HAPOALIM B.M.<\/td><td class=\"column-3\">$17.7 billion<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">3<\/td><td class=\"column-2\">ELBIT SYSTEMS LTD.<\/td><td class=\"column-3\">$13.63 billion<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">4<\/td><td class=\"column-2\">MIZRAHI TEFAHOT BANK LTD.<\/td><td class=\"column-3\">$12.66 billion<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">5<\/td><td class=\"column-2\">NICE LTD.<\/td><td class=\"column-3\">$10.65 billion<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">6<\/td><td class=\"column-2\">AZRIELI GROUP LTD.<\/td><td class=\"column-3\">$10.55 billion<\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\">7<\/td><td class=\"column-2\">ISRAEL DISCOUNT BANK LIMITED<\/td><td class=\"column-3\">$9.35 billion<\/td>\n<\/tr>\n<tr class=\"row-9\">\n\t<td class=\"column-1\">8<\/td><td class=\"column-2\">FIRST INTERNATIONAL BANK OF ISRAEL LTD<\/td><td class=\"column-3\">$5.32 billion<\/td>\n<\/tr>\n<tr class=\"row-10\">\n\t<td class=\"column-1\">9<\/td><td class=\"column-2\">PHOENIX FINANCIAL LTD<\/td><td class=\"column-3\">$4.59 billion<\/td>\n<\/tr>\n<tr class=\"row-11\">\n\t<td class=\"column-1\">10<\/td><td class=\"column-2\">BEZEQ THE ISRAEL TELECOMMUNICATION CORP. LTD<\/td><td class=\"column-3\">$4.59 billion<\/td>\n<\/tr>\n<tr class=\"row-12\">\n\t<td class=\"column-1\">11<\/td><td class=\"column-2\">MELISRON LTD.<\/td><td class=\"column-3\">$4.48 billion<\/td>\n<\/tr>\n<tr class=\"row-13\">\n\t<td class=\"column-1\">12<\/td><td class=\"column-2\">NEWMED ENERGY - LIMITED PARTNERSHIP<\/td><td class=\"column-3\">$4.27 billion<\/td>\n<\/tr>\n<tr class=\"row-14\">\n\t<td class=\"column-1\">13<\/td><td class=\"column-2\">BIG SHOPPING CENTERS LTD<\/td><td class=\"column-3\">$3.87 billion<\/td>\n<\/tr>\n<tr class=\"row-15\">\n\t<td class=\"column-1\">14<\/td><td class=\"column-2\">HAREL INSURANCE INVESTMENTS &amp; FINANCIAL SERVICES LTD<\/td><td class=\"column-3\">$3.43 billion<\/td>\n<\/tr>\n<tr class=\"row-16\">\n\t<td class=\"column-1\">15<\/td><td class=\"column-2\">MENORA MIVTACHIM HOLDINGS LTD<\/td><td class=\"column-3\">$2.98 billion<\/td>\n<\/tr>\n<tr class=\"row-17\">\n\t<td class=\"column-1\">16<\/td><td class=\"column-2\">AMOT INVESTMENTS LTD.<\/td><td class=\"column-3\">$2.86 billion<\/td>\n<\/tr>\n<tr class=\"row-18\">\n\t<td class=\"column-1\">17<\/td><td class=\"column-2\">DELEK GROUP LTD.<\/td><td class=\"column-3\">$2.86 billion<\/td>\n<\/tr>\n<tr class=\"row-19\">\n\t<td class=\"column-1\">18<\/td><td class=\"column-2\">SHUFERSAL LTD<\/td><td class=\"column-3\">$2.78 billion<\/td>\n<\/tr>\n<tr class=\"row-20\">\n\t<td class=\"column-1\">19<\/td><td class=\"column-2\">SHAPIR ENGINEERING AND INDUSTRY LTD<\/td><td class=\"column-3\">$2.69 billion<\/td>\n<\/tr>\n<tr class=\"row-21\">\n\t<td class=\"column-1\">20<\/td><td class=\"column-2\">NAVITAS PETROLEUM, LIMITED PARTNERSHIP<\/td><td class=\"column-3\">$2.36 billion<\/td>\n<\/tr>\n<tr class=\"row-22\">\n\t<td class=\"column-1\">21<\/td><td class=\"column-2\">STRAUSS GROUP LTD.<\/td><td class=\"column-3\">$2.35 billion<\/td>\n<\/tr>\n<tr class=\"row-23\">\n\t<td class=\"column-1\">22<\/td><td class=\"column-2\">MIGDAL INSURANCE AND FINANCIAL HOLDINGS LTD.<\/td><td class=\"column-3\">$2.3 billion<\/td>\n<\/tr>\n<tr class=\"row-24\">\n\t<td class=\"column-1\">23<\/td><td class=\"column-2\">CLAL INSURANCE ENTERPRISES HOLDINGS LTD.<\/td><td class=\"column-3\">$2.3 billion<\/td>\n<\/tr>\n<tr class=\"row-25\">\n\t<td class=\"column-1\">24<\/td><td class=\"column-2\">ISRAEL CORPORATION LTD<\/td><td class=\"column-3\">$2.26 billion<\/td>\n<\/tr>\n<tr class=\"row-26\">\n\t<td class=\"column-1\">25<\/td><td class=\"column-2\">MIVNE REAL ESTATE (K.D) LTD<\/td><td class=\"column-3\">$2.26 billion<\/td>\n<\/tr>\n<tr class=\"row-27\">\n\t<td class=\"column-1\">26<\/td><td class=\"column-2\">FATTAL HOLDINGS (1998) LTD<\/td><td class=\"column-3\">$2.25 billion<\/td>\n<\/tr>\n<tr class=\"row-28\">\n\t<td class=\"column-1\">27<\/td><td class=\"column-2\">ALONY-HETZ PROPERTIES &amp; INVESTMENTS LTD<\/td><td class=\"column-3\">$2.22 billion<\/td>\n<\/tr>\n<tr class=\"row-29\">\n\t<td class=\"column-1\">28<\/td><td class=\"column-2\">ELECTRA LIMITED<\/td><td class=\"column-3\">$2.21 billion<\/td>\n<\/tr>\n<tr class=\"row-30\">\n\t<td class=\"column-1\">29<\/td><td class=\"column-2\">OPC ENERGY LTD.<\/td><td class=\"column-3\">$2.21 billion<\/td>\n<\/tr>\n<tr class=\"row-31\">\n\t<td class=\"column-1\">30<\/td><td class=\"column-2\">Y.H. DIMRI CONSTRUCTION &amp; DEVELOPMENT LTD<\/td><td class=\"column-3\">$2.08 billion<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<!-- #tablepress-808 from cache -->\n<p>Market capitalization, commonly known as market cap, refers to the total market value of a company\u2019s outstanding shares. It is calculated by multiplying the current stock price by the total number of shares outstanding. For example, if a company has 2.34 billion shares outstanding and its stock price is $66.66 per share, its market cap would be $156 billion (2,340,000,000 x $66.66). Investors often use the market cap as a quick estimate of a company\u2019s overall value and as a factor in determining whether to buy a stock. Stocks are often categorized by market cap: mega-cap ($100 billion-plus), large-cap ($10 billion-$100 billion), mid-cap ($2 billion-$10 billion), small-cap ($300 million-$2 billion), and micro-cap (less than $300 million).<\/p>\n<hr \/>\n<p><strong>Have you read?<\/strong><br \/>\n<a href=\"https:\/\/ceoworld.biz\/2024\/01\/21\/revealed-countries-with-the-highest-and-lowest-suicide-rates-2024\/\" data-wpel-link=\"internal\" rel=\"follow\">Revealed: Countries With the Highest (and Lowest) Suicide Rates, 2024<\/a>.<br \/>\n<a href=\"https:\/\/ceoworld.biz\/2024\/01\/21\/revealed-countries-with-the-highest-fertility-rates-by-births-per-woman-2024\/\" data-wpel-link=\"internal\" rel=\"follow\">Revealed: Countries with the Highest Fertility Rates (by Births Per Woman), 2024<\/a>.<br \/>\n<a href=\"https:\/\/ceoworld.biz\/2024\/01\/21\/revealed-countries-with-the-most-vegetarians-in-the-world-2024\/\" data-wpel-link=\"internal\" rel=\"follow\">Revealed: Countries with the most vegetarians in the world, 2024<\/a>.<br \/>\n<a href=\"https:\/\/ceoworld.biz\/2024\/01\/22\/revealed-the-best-countries-in-the-world-for-expat-retirement-2024\/\" data-wpel-link=\"internal\" rel=\"follow\">Revealed: The best countries in the world for expat retirement, 2024<\/a>.<br \/>\n<a href=\"https:\/\/ceoworld.biz\/2024\/01\/22\/ranked-the-most-and-least-developed-countries-in-the-world-2024\/\" data-wpel-link=\"internal\" rel=\"follow\">Ranked: The Most and Least Developed Countries in the World, 2024<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As of February 10, 2025, BANK LEUMI LE-ISRAEL is the most valuable company in Israel, with a market cap of $19.86 billion. Following it are BANK HAPOALIM ($17.7 billion) and ELBIT SYSTEMS LTD. ($13.63 billion). Which one is the most valuable in Israel by market cap? This list comprises the biggest companies currently in Israel [&hellip;]<\/p>\n","protected":false},"author":5599,"featured_media":174532,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36079],"tags":[36191,36193,36218,36226,36287,36294,37216,37260],"class_list":["post-208285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-executive-roundtable","tag-chief-communications-officer-insider","tag-chief-content-officer-insider","tag-chief-process-officer-insider","tag-chief-sales-officer-insider","tag-external-director-insider","tag-c-level-executives-insider","tag-hectomillionaire-insider","tag-chief-health-officer-insider"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.7 (Yoast SEO v26.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Israel&#039;s Largest Companies by market capitalization, 2024 - CEOWORLD magazine<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ceoworld.biz\/2024\/02\/13\/israels-largest-companies-by-market-capitalization-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Israel&#039;s Largest Companies by market capitalization, 2024 - CEOWORLD magazine\" \/>\n<meta property=\"og:description\" content=\"As of February 10, 2025, BANK LEUMI LE-ISRAEL is the most valuable company in Israel, with a market cap of $19.86 billion. Following it are BANK HAPOALIM ($17.7 billion) and ELBIT SYSTEMS LTD. ($13.63 billion). Which one is the most valuable in Israel by market cap? This list comprises the biggest companies currently in Israel [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ceoworld.biz\/2024\/02\/13\/israels-largest-companies-by-market-capitalization-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"CEOWORLD magazine\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ceoworldmag\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-12T23:34:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-10T12:06:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ceoworld.biz\/wp-content\/uploads\/2023\/08\/Israel-Flag.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Frank Brown, D.Litt.\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ceoworld\" \/>\n<meta name=\"twitter:site\" content=\"@ceoworld\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Frank Brown, D.Litt.\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ceoworld.biz\/2024\/02\/13\/israels-largest-companies-by-market-capitalization-2024\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ceoworld.biz\/2024\/02\/13\/israels-largest-companies-by-market-capitalization-2024\/\"},\"author\":{\"name\":\"Frank Brown, D.Litt.\",\"@id\":\"https:\/\/ceoworld.biz\/#\/schema\/person\/9930081d4309f2de73c617d8c66527ad\"},\"headline\":\"Israel&#8217;s Largest Companies by market capitalization, 2024\",\"datePublished\":\"2024-02-12T23:34:11+00:00\",\"dateModified\":\"2025-02-10T12:06:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ceoworld.biz\/2024\/02\/13\/israels-largest-companies-by-market-capitalization-2024\/\"},\"wordCount\":223,\"publisher\":{\"@id\":\"https:\/\/ceoworld.biz\/#organization\"},\"image\":{\"@id\":\"https:\/\/ceoworld.biz\/2024\/02\/13\/israels-largest-companies-by-market-capitalization-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ceoworld.biz\/wp-content\/uploads\/2023\/08\/Israel-Flag.jpg?wsr\",\"keywords\":[\"Chief Communications Officer Insider\",\"Chief Content Officer Insider\",\"Chief Process Officer Insider\",\"Chief Sales Officer Insider\",\"External Director Insider\",\"C-level Executives Insider\",\"Hectomillionaire Insider\",\"Chief Health Officer Insider\"],\"articleSection\":[\"Executive Roundtable\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/ceoworld.biz\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ceoworld.biz\/2024\/02\/13\/israels-largest-companies-by-market-capitalization-2024\/\",\"url\":\"https:\/\/ceoworld.biz\/2024\/02\/13\/israels-largest-companies-by-market-capitalization-2024\/\",\"name\":\"Israel's Largest Companies by market capitalization, 2024 - 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Originally from Madrid, Frank brings over a decade of experience in business journalism and strategic communication. Before CEOWORLD, he worked as a financial correspondent in Europe and Latin America, later transitioning into public affairs consulting for Fortune 500 companies. Frank is known for his ability to distill complex financial concepts into accessible, high-impact stories that inform decision-makers and shape executive narratives. His work at CEOWORLD includes deep-dive market analyses, CEO interviews, and features on evolving investor relations strategies. He leads a multilingual editorial team and contributes to content in both English and Spanish. Frank holds degrees in International Finance and Strategic Communications, and he frequently speaks at global forums on reputation management, stakeholder communication, and financial media ethics. 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