Xero Ltd
Xero Limited, together with its subsidiaries, provides online business solutions for small businesses and their advisors in Australia, New Zealand, the United Kingdom, North America, and internationally. It offers accounting, payroll, payments and other solutions through its Xero platform. The company also provides Planday, an online employee scheduling software; Hubdoc for bills and receipts; Sy… Read more
Market Cap & Net Worth: Xero Ltd (XRO)
Xero Ltd (AU:XRO) has a market capitalization of $8.49 Billion (AU$13.71 Billion) as of March 18, 2026. Listed on the AU stock exchange, this Australia-based company holds position #2065 globally and #12 in its home market, demonstrating a -9.87% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Xero Ltd's stock price AU$78.98 by its total outstanding shares 173579497 (173.58 Million).
Xero Ltd Market Cap History: 2015 to 2026
Xero Ltd's market capitalization history from 2015 to 2026. Data shows growth from $2.00 Billion to $8.49 Billion (17.22% CAGR).
Index Memberships
Xero Ltd is a constituent of 9 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
S&P/ASX 50
AFLI
|
$279.75 Billion | 2.67% | #9 of 50 |
|
Australia All Ordinaries
AORD
|
$319.42 Billion | 2.34% | #8 of 495 |
|
S&P/ASX 100
ATOI
|
$335.58 Billion | 2.22% | #9 of 100 |
|
S&P/ASX All Australian 50
AXAF
|
$180.90 Billion | 4.12% | #8 of 50 |
|
S&P/ASX All Australian 200
AXAT
|
$279.96 Billion | 2.67% | #8 of 200 |
|
S&P/ASX 200
AXJO
|
$265.75 Billion | 2.81% | #8 of 200 |
|
S&P/ASX 200 Accumulated
AXJOA
|
$265.75 Billion | 2.81% | #8 of 200 |
|
S&P/ASX 300
AXKO
|
$408.55 Billion | 1.83% | #9 of 300 |
|
S&P/ASX All Technology
AXTX
|
$40.58 Billion | 18.39% | #2 of 53 |
Weight: Xero Ltd's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Xero Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Xero 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.
Latest Price to Sales (P/S) Ratio
6.41x
Xero Ltd's market cap is 6.41 times its annual revenue
1.98x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
59.19x
Xero Ltd's market cap is 59.19 times its annual earnings
19.85x
Higher than industry averageWhat 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 |
|---|---|---|---|---|---|
| 2016 | $1.82 Billion | $190.45 Million | -$75.85 Million | 9.58x | N/A |
| 2017 | $3.08 Billion | $278.14 Million | -$65.02 Million | 11.07x | N/A |
| 2018 | $4.52 Billion | $375.69 Million | -$23.02 Million | 12.02x | N/A |
| 2019 | $8.60 Billion | $516.11 Million | -$25.34 Million | 16.66x | N/A |
| 2020 | $15.78 Billion | $699.61 Million | $3.33 Million | 22.56x | 4732.77x |
| 2021 | $15.20 Billion | $848.78 Million | $19.69 Million | 17.91x | 772.14x |
| 2022 | $7.55 Billion | $1.12 Billion | -$9.11 Million | 6.76x | N/A |
| 2023 | $12.07 Billion | $1.40 Billion | -$113.53 Million | 8.62x | N/A |
| 2024 | $18.12 Billion | $1.57 Billion | $160.21 Million | 11.52x | 113.08x |
| 2025 | $12.25 Billion | $1.91 Billion | $207.03 Million | 6.41x | 59.19x |
Competitor Companies of XRO by Market Capitalization
Companies near Xero Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Xero Ltd by market ranking:
- SAP SE (PINK:SAPGF): Ranked #61 globally with a market cap of $238.59 Billion USD.
- Shopify Inc (NYSE:SHOP): Ranked #75 globally with a market cap of $196.50 Billion USD.
- Salesforce.com Inc (NYSE:CRM): Ranked #86 globally with a market cap of $180.61 Billion USD.
- Uber Technologies Inc (NYSE:UBER): Ranked #118 globally with a market cap of $150.35 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #61 | SAP SE | PINK:SAPGF | $238.59 Billion | $246.20 |
| #75 | Shopify Inc | NYSE:SHOP | $196.50 Billion | $161.08 |
| #86 | Salesforce.com Inc | NYSE:CRM | $180.61 Billion | $198.34 |
| #118 | Uber Technologies Inc | NYSE:UBER | $150.35 Billion | $74.66 |
Xero Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Xero Ltd's market cap moved from $2.00 Billion to $ 8.49 Billion, with a yearly change of 17.22%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | AU$8.49 Billion | -30.73% |
| 2025 | AU$12.25 Billion | -32.36% |
| 2024 | AU$18.12 Billion | +50.10% |
| 2023 | AU$12.07 Billion | +59.81% |
| 2022 | AU$7.55 Billion | -50.32% |
| 2021 | AU$15.20 Billion | -3.66% |
| 2020 | AU$15.78 Billion | +83.53% |
| 2019 | AU$8.60 Billion | +90.39% |
| 2018 | AU$4.52 Billion | +46.62% |
| 2017 | AU$3.08 Billion | +68.79% |
| 2016 | AU$1.82 Billion | -8.95% |
| 2015 | AU$2.00 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Xero Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $8.49 Billion USD |
| MoneyControl | $8.49 Billion USD |
| MarketWatch | $8.49 Billion USD |
| marketcap.company | $8.49 Billion USD |
| Reuters | $8.49 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.