The a2 Milk Company Ltd Market Cap ($3.67 Billion)
Market Cap & Net Worth: The a2 Milk Company Ltd (A2M)
The a2 Milk Company Ltd market cap. The a2 Milk Company Ltd (AU:A2M) has a market capitalization of $3.67 Billion (AU$5.19 Billion) as of November 8, 2026. Listed on the AU stock exchange, this Australia-based company holds position #4204 globally and #105 in its home market, demonstrating a 4.85% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying The a2 Milk Company Ltd's stock price AU$7.13 by its total outstanding shares 728055850 (728.06 Million). Also see The a2 Milk Company Ltd (A2M) cash conversion ratio for how efficiently the company converts equity into cash flow.
The a2 Milk Company Ltd Market Cap History (2015–2026)
The a2 Milk Company Ltd market cap history from 2015 to 2026. Data shows growth from $878.32 Million to $3.67 Billion (22.96% CAGR). Check latest The a2 Milk Company Ltd stock price today for real-time trading data and today's change.
Index Memberships
The a2 Milk Company Ltd is a constituent of 7 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
Australia All Ordinaries
AORD
|
$2.04 Trillion | 0.18% | #89 of 495 |
|
S&P/ASX 100
ATOI
|
$1.91 Trillion | 0.19% | #76 of 100 |
|
S&P/ASX All Australian 200
AXAT
|
$1.95 Trillion | 0.19% | #85 of 200 |
|
S&P/ASX 200
AXJO
|
$1.91 Trillion | 0.19% | #82 of 200 |
|
S&P/ASX 200 Accumulated
AXJOA
|
$1.91 Trillion | 0.19% | #82 of 200 |
|
S&P/ASX 300
AXKO
|
$2.20 Trillion | 0.17% | #93 of 300 |
|
S&P/ASX Midcap 50
AXMD
|
$238.19 Billion | 1.54% | #28 of 50 |
Weight: The a2 Milk Company Ltd's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
The a2 Milk Company Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how The a2 Milk Company Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Explore net asset growth rate of The a2 Milk Company Ltd to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
1.86x
The a2 Milk Company Ltd's market cap is 1.86 times its annual revenue
Latest Price to Earnings (P/E) Ratio
16.96x
The a2 Milk Company Ltd's market cap is 16.96 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2017 | $3.80 Billion | $549.53 Million | $90.65 Million | 6.91x | 41.88x |
| 2018 | $5.32 Billion | $922.68 Million | $195.68 Million | 5.76x | 27.17x |
| 2019 | $7.37 Billion | $1.30 Billion | $287.74 Million | 5.66x | 25.60x |
| 2020 | $5.90 Billion | $1.73 Billion | $385.84 Million | 3.41x | 15.29x |
| 2021 | $2.81 Billion | $1.21 Billion | $80.66 Million | 2.33x | 34.87x |
| 2022 | $3.54 Billion | $1.44 Billion | $122.62 Million | 2.45x | 28.90x |
| 2023 | $2.19 Billion | $1.59 Billion | $155.64 Million | 1.38x | 14.10x |
| 2024 | $2.98 Billion | $1.67 Billion | $167.58 Million | 1.78x | 17.77x |
| 2025 | $4.74 Billion | $1.90 Billion | $202.89 Million | 2.50x | 23.38x |
| 2026 | $3.67 Billion | $1.97 Billion | $216.53 Million | 1.86x | 16.96x |
Competitor Companies of A2M by Market Capitalization
Companies near The a2 Milk Company Ltd in the global market cap rankings as of November 8, 2026. Also see The a2 Milk Company Ltd assets under control for a full breakdown of the balance sheet.
Key companies related to The a2 Milk Company Ltd by market ranking:
- Nestlé S.A (F:NESM): Ranked #87 globally with a market cap of $224.33 Billion USD ( €191.89 Billion EUR).
- Nestle S.A. (SW:NESN): Ranked #101 globally with a market cap of $199.45 Billion USD ( CHF157.76 Billion CHF).
- Danone SA (PA:BN): Ranked #529 globally with a market cap of $50.53 Billion USD ( €43.22 Billion EUR).
- Danone SA (F:BSND): Ranked #668 globally with a market cap of $39.61 Billion USD ( €33.88 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #87 | Nestlé S.A | F:NESM | $224.33 Billion | €93.40 |
| #101 | Nestle S.A. | SW:NESN | $199.45 Billion | CHF85.85 |
| #529 | Danone SA | PA:BN | $50.53 Billion | €67.12 |
| #668 | Danone SA | F:BSND | $39.61 Billion | €13.20 |
Market Capitalization of The a2 Milk Company Ltd (2015–2026)
Market capitalization of The a2 Milk Company Ltd from 2015 to today. Between 2015 and today, The a2 Milk Company Ltd's market cap moved from $878.32 Million to $ 3.67 Billion, with a yearly change of 22.96%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | AU$3.67 Billion | -22.58% |
| 2025 | AU$4.74 Billion | +59.34% |
| 2024 | AU$2.98 Billion | +35.68% |
| 2023 | AU$2.19 Billion | -38.08% |
| 2022 | AU$3.54 Billion | +26.01% |
| 2021 | AU$2.81 Billion | -52.31% |
| 2020 | AU$5.90 Billion | -19.93% |
| 2019 | AU$7.37 Billion | +38.57% |
| 2018 | AU$5.32 Billion | +40.03% |
| 2017 | AU$3.80 Billion | +261.27% |
| 2016 | AU$1.05 Billion | +19.65% |
| 2015 | AU$878.32 Million | -- |
End of Day Market Cap According to Different Sources
On Nov 7th, 2026 the market cap of The a2 Milk Company Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $3.67 Billion USD |
| MoneyControl | $3.67 Billion USD |
| MarketWatch | $3.67 Billion USD |
| marketcap.company | $3.67 Billion USD |
| Reuters | $3.67 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About The a2 Milk Company Ltd
The a2 Milk Company Limited, together with its subsidiaries, sells A2-type protein type branded milk and related products in Australia, New Zealand, China, rest of Asia, and the United States. The company offers infant milk formula, milk, and other nutritional products under the a2 Milk and a2 Platinum brands. It also provides rent, royalty, and licensing services. The company was formerly known … Read more