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

Largest materials companies by shareholders' equity

Shareholders' equity is what remains after subtracting liabilities from assets — the accounting book value of the company, not its market value. 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 167 · Fiscal year 2025 · Data as of September 25, 2026

Rio Tinto (RIO) tops the list with $62.2B in shareholders' equity for fiscal 2025, ahead of Arcelormittal ($54.5B) and BHP Group ($42.6B). The top 10 together report $366B in shareholders' equity; the gap between #1 and #10 is ×2.59. 167 companies in Materials report shareholders' equity, 6.4% of the 2599-filer universe. The last place on the list, Rogers, comes in at $1.2B.

Shareholders' equity
#CompanyShareholders' equityYoY15-year trend
1Rio TintoRIOGB$62.2B+12.6%
2ArcelormittalMTLU$54.5B+10.7%
3BHP GroupBHPAU$42.6B−11.5%
4LindeLINGB$38.2B+0.4%
5NewmontNEMUS$33.9B+13.2%
6ValeVALEBR$33.5B+0.3%
7Barrick MiningBCA$26.6B+9.3%
8NutrienNTRCA$25.3B+3.8%
9Agnico Eagle MinesAEMCA$24.7B+18.8%
10CRH PublicCRHIE$24.0B+11.1%
11NucorNUEUS$20.9B+3.2%
12Freeport-McmoranFCXUS$18.9B+7.5%
13Teck ResourcesTECKCA$18.3B+1.1%
14Smurfit WestRockSWIE$18.3B+5.6%
15TenarisTSLU$16.6B+0.0%
16DowDOWUS$16.0B−7.8%
17Air Products & ChemicalsAPDUS$15.4B−7.7%
18International PaperIPUS$14.8B+81.4%
19International Flavors & FragrancesIFFUS$14.2B+2.3%
20DuPont de NemoursDDUS$13.9B−40.4%
21AmrizeAMRZCH$13.1B+32.4%
22MosaicMOSUS$12.1B+5.2%
23TerniumTXLU$11.9B−0.2%
24CorningGLWUS$11.8B+10.5%
25Southern CopperSCCOUS$11.0B+20.4%
26Lyondellbasell IndustriesLYBUS$10.1B−19.1%
27Martin Marietta MaterialsMLMUS$10.0B+6.1%
28GerdauGGBBR$9.8B+4.4%
29AlbemarleALBUS$9.5B−4.3%
30Steel DynamicsSTLDUS$9.0B+0.3%
31WestlakeWLKUS$8.8B−16.5%
32Wheaton Precious MetalsWPMCA$8.7B+19.7%
33Kinross GoldKGCCA$8.6B+25.0%
34Vulcan MaterialsVMCUS$8.5B+5.0%
35Anglogold AshantiAUUS$8.1B+22.1%
36SuzanoSUZBR$8.0B+53.2%
37PPG IndustriesPPGUS$7.9B+17.0%
38Franco NevadaFNVCA$7.6B+27.3%
39Pan American SilverPAASCA$7.0B+48.7%
40AlcoaAAUS$6.1B+18.6%
41Cleveland-CliffsCLFUS$6.1B−7.8%
42Icl GroupICLIL$6.0B+4.5%
43Eastman ChemicalEMNUS$6.0B+3.1%
44Equinox GoldEQXCA$5.8B+70.6%
45Howmet AerospaceHWMUS$5.4B+17.5%
46CamecoCCJCA$5.0B+14.0%
47CF IndustriesCFUS$4.8B−2.9%
48Packaging Corp of AmericaPKGUS$4.6B+4.4%
49Alamos GoldAGICA$4.4B+24.0%
50Commercial MetalsCMCUS$4.3B+7.4%
51Eldorado GoldEGOCA$4.3B+9.8%
52IamgoldIAGCA$4.2B+25.6%
53CelaneseCEUS$4.0B−21.1%
54EntegrisENTGUS$4.0B+7.1%
55Owens CorningOCUS$3.9B−24.1%
56Sonoco ProductsSONUS$3.6B+59.1%
57Graphic PackagingGPKUS$3.3B+10.8%
58Coeur MiningCDEUS$3.3B+195.0%
59Goodyear Tire & RubberGTUS$3.2B−30.9%
60Hudbay MineralsHBMCA$3.2B+26.5%
61Mueller IndustriesMLIUS$3.2B+15.8%
62RPM InternationalRPMUS$3.1B+15.2%
63Mdu ResourcesMDUUS$2.8B+3.1%
64First Majestic SilverAGCA$2.8B+104.4%
65HuntsmanHUNUS$2.8B−7.1%
66Element SolutionsESIUS$2.7B+12.2%
67AptargroupATRUS$2.7B+7.9%
68Hecla MiningHLUS$2.6B+27.1%
69MethanexMEOHCA$2.4B+16.7%
70Newell BrandsNWLUS$2.4B−13.1%
71AvientAVNTUS$2.4B+2.6%
72Axalta Coating SystemsAXTAUS$2.3B+22.7%
73Reynolds Consumer ProductsREYNUS$2.3B+5.2%
74Avery DennisonAVYUS$2.2B−3.0%
75FMCFMCUS$2.1B−53.8%
76Fuller H BFULUS$2.0B+9.5%
77Carpenter TechnologyCRSUS$2.0B+15.6%
78MP MaterialsMPUS$2.0B+87.6%
79Advanced Drainage SystemsWMSUS$1.9B+32.9%
80OlinOLNUS$1.8B−9.1%
81AtiATIUS$1.8B−2.5%
82Carlisle CompaniesCSLUS$1.8B−27.1%
83NewmarketNEUUS$1.8B+21.7%
84Minerals TechnologiesMTXUS$1.7B−1.9%
85Fortuna MiningFSMCA$1.7B+19.5%
86Knife RiverKNFUS$1.6B+11.2%
87CabotCBTUS$1.6B+15.3%
88EnproNPOUS$1.5B+8.1%
89Kimberly ClarkKMBUS$1.5B+78.8%
90Eagle MaterialsEXPUS$1.5B−0.2%
91Aris MiningARISCA$1.4B+81.1%
92Or RoyaltiesORCA$1.4B+20.4%
93Tronox HoldingsTROXUS$1.4B−19.5%
94Solstice Advanced MaterialsSOLSUS$1.4B−56.7%
95InnospecIOSPUS$1.3B+9.5%
96O-I GlassOIUS$1.3B+19.9%
97BeldenBDCUS$1.3B−2.3%
98BalchemBCPCUS$1.3B+9.3%
99HexcelHXLUS$1.3B−18.1%
100RogersROGUS$1.2B−4.5%

All figures from SEC filings · FY2025 · 100

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{{cite web |title=Largest materials companies by shareholders' equity |url=https://companiesranked.com/en/largest-materials-companies-by-shareholders-equity |website=CompaniesRanked |date=2026-09-25 |language=en}}

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CompaniesRanked. (September 25, 2026). Largest materials companies by shareholders' equity. CompaniesRanked. https://companiesranked.com/en/largest-materials-companies-by-shareholders-equity

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

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