Largest railway operating companies by market capitalization

By Nicole Green

Last Updated:

Rank Logo Name Ticker Market Cap Price Today % Country
1 Union Pacific Corporation UNP $128.09 B $216.00 0.12% USA
2 Canadian Pacific Railway CP $69.84 B $76.09 0.21% Canada
3 Norfolk Southern NSC $62.39 B $278.09 0.34% USA
4 CSX Corporation CSX $60.53 B $32.47 0.09% USA
5 Canadian National Railway CNI $59.69 B $95.64 0.31% Canada
6 East Japan Railway 9020.T $28.44 B $25.13 0.38% Japan
7 Central Japan Railway 9022.T $28.42 B $29.29 1.04% Japan
8 Indian Railway Finance IRFC.NS $19.18 B $1.47 0.61% India
9 China Railway Construction 601186.SS $14.41 B $1.13 0.00% China
10 West Japan Railway 9021.T $10.62 B $23.22 0.41% Japan
11 Getlink GET.PA $10.09 B $18.58 1.07% France
12 Tokyu 9005.T $7.31 B $12.82 0.03% Japan
13 Hankyu Hanshin Holdings 9042.T $7.20 B $30.32 0.05% Japan
14 Tokyo Metro 9023.T $6.89 B $11.88 0.40% Japan
15 Indian Railway Catering & Tourism IRCTC.NS $6.62 B $8.28 0.27% India
16 Taiwan High Speed Rail 2633.TW $5.24 B $0.93 0.18% Taiwan
17 Rumo RAIL3.SA $5.20 B $2.81 0.13% Brazil
18 Qube Holdings QUB.AX $4.87 B $2.76 0.12% Australia
19 Kyushu Railway Company 9142.T $4.40 B $28.45 0.26% Japan
20 Odakyu Electric Railway 9007.T $4.08 B $11.83 0.17% Japan
21 Kintetsu GHD 9041.T $4.05 B $21.35 0.10% Japan
22 Aurizon Holdings AZJ.AX $3.80 B $2.17 1.56% Australia
23 Tobu Railway 9001.T $3.65 B $18.66 0.20% Japan
24 Keio Corporation 9008.T $3.18 B $26.90 0.23% Japan
25 Bangkok Expressway and Metro (BEM) BEM.BK $2.53 B $0.17 0.00% Thailand
26 Meitetsu 9048.T $2.36 B $12.07 0.06% Japan
27 Nankai Electric Railway 9044.T $2.05 B $18.75 0.33% Japan
28 BTS Group BTS.BK $1.71 B $0.11 1.81% Thailand
29 Jungfraubahn Holding AG JFN.SW $1.55 B $273.54 0.46% Switzerland
30 Nishi-Nippon Railroad 9031.T $1.19 B $15.88 0.73% Japan
31 Pkp Cargo PKP.WA $0.20 B $4.51 2.00% Poland
32 Railcare Group AB RAIL.ST $68.24 M $2.83 1.69% Sweden

*This list highlights the leading companies in this category, ranked by their market value. Only publicly traded companies are included, since private companies don’t share enough financial details to estimate their value.

Market capitalization (or market cap) is the total value of a public company. It’s usually calculated by multiplying the company’s share price by the number of shares available.

Stock prices may not always be live and can be delayed from a few minutes to several hours.

All company logos are owned by their respective copyright holders and are shown here for editorial use only.