Top 10 Biggest companies by revenue in Argentina (2023 data)

Discover the top 10 biggest companies in Argentina by revenue in 2023, including Pampa Energía, YPF, MercadoLibre, Telecom Argentina, Galicia Financial Group, Banco Macro, BBVA Argentina, Edenor, Loma Negra, and Transportadora de Gas del Sur.

1. Pampa Energía

Industry: energy

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $218850 Millions

Stock symbol: PAM

Pampa Energía Home Page

Pampa Energía is headquartered in Buenos Aires, Argentina and was founded in 2005. It operates primarily in Argentina but also has operations in other countries. The company is engaged in the generation, transmission, and distribution of electricity, as well as the exploration and production of oil and gas. Pampa Energía also offers energy-related services and has various brands under its portfolio.

2. YPF
(Yacimientos Petrolíferos Fiscales)

Industry: energy

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $14790 Millions

Stock symbol: YPF

YPF Home Page

YPF, also known as Yacimientos Petrolíferos Fiscales, is headquartered in Buenos Aires, Argentina. It was founded in 1922 and operates primarily in Argentina, with operations in other countries as well. YPF is engaged in various activities related to the exploration, production, refining, and distribution of petroleum and natural gas. They offer a wide range of products and services in the energy sector, including gasoline, diesel, lubricants, and petrochemicals. YPF is a well-known brand in the oil and gas industry, recognized for its commitment to innovation and sustainability.

3. MercadoLibre

Industry: e-commerce

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $9660 Millions

Stock symbol: MELI

MercadoLibre Home Page

MercadoLibre is headquartered in Buenos Aires, Argentina and was founded in 1999. It operates in 18 countries across Latin America, including Brazil, Mexico, and Colombia. The company’s main activities revolve around e-commerce and online auctions, providing a platform for individuals and businesses to buy and sell products. MercadoLibre offers a wide range of products and services, including electronics, fashion, home goods, and automotive. It also operates various brands such as MercadoPago, a digital payment solution, and MercadoEnvios, a shipping service.

4. Telecom Argentina

Industry: telecommunications

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $4370 Millions

Stock symbol: TEO

Telecom Argentina Home Page

Telecom Argentina, headquartered in Buenos Aires, was founded in 1990. It operates in Argentina and has a presence in several other countries. The company’s main activities include providing telecommunications services, such as fixed-line and mobile telephony, internet, and data transmission. Telecom Argentina offers a range of products and services to both residential and business customers.

5. Galicia Financial Group

Industry: financial services

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $2960 Millions

Stock symbol: GGAL

Galicia Financial Group Home Page

Galicia Financial Group is headquartered in Buenos Aires, Argentina, and was founded in 1905. It operates primarily in Argentina but also has operations in Uruguay and Brazil. The company’s main activities include providing financial services such as banking, insurance, and asset management. They offer a wide range of products and services to individuals, businesses, and institutions. Galicia Financial Group is known for its strong presence in the Argentine financial market and its reputable brands in the banking and insurance sectors.

6. Banco Macro

Industry: financial services

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $2870 Millions

Stock symbol: BMA

Banco Macro Home Page

Banco Macro is a financial institution headquartered in Buenos Aires, Argentina. It was founded in 1985. The bank operates primarily in Argentina but also has operations in other countries. Banco Macro offers a range of financial services including personal and corporate banking, loans, mortgages, and insurance. It is known for its strong presence in the Argentine market and its commitment to providing quality financial solutions to its customers.

7. BBVA Argentina

Industry: financial services

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $2350 Millions

Stock symbol: BBAR

BBVA Argentina Home Page

BBVA Argentina is headquartered in Buenos Aires, Argentina and was founded in 1886. It operates in multiple countries, including Spain, Mexico, and the United States. The company’s main activities include providing banking and financial services to individuals, businesses, and institutions. BBVA Argentina offers a wide range of products and services, such as loans, credit cards, savings accounts, and investment solutions. It is a subsidiary of BBVA, one of the largest banking groups in the world.

8. edenor

Industry: electric utilities

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $1200 Millions

Stock symbol: EDN

Edenor Home Page

Edenor is a company headquartered in the city of Buenos Aires, Argentina. It was founded in 1992. It operates primarily in Argentina and has a presence in several other countries. Edenor is engaged in the distribution and commercialization of electricity, providing services to residential, commercial, and industrial customers. It offers a wide range of products and services related to electricity supply and has established itself as a trusted brand in the industry.

9. Loma Negra

Industry: construction

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $1010 Millions

Stock symbol: LOMA

Loma Negra Home Page

Loma Negra is a company headquartered in Buenos Aires, Argentina, founded in 1926. It operates in multiple countries, with operations in Argentina, Brazil, Paraguay, and Uruguay. The company is primarily engaged in the production and distribution of cement, concrete, and aggregates. Loma Negra is known for its high-quality products and is a trusted brand in the construction industry.

10. Transportadora de Gas del Sur

Industry: transportation

Revenue (2023: Q1; 2022: Q2, Q3, Q4): $960 Millions

Stock symbol: TGS

Transportadora de Gas del Sur Home Page

Transportadora de Gas del Sur is headquartered in Buenos Aires, Argentina and was founded in 1992. It operates primarily in Argentina and has operations in other countries as well. The company’s main activities include the transportation and distribution of natural gas. It offers various products and services related to the gas industry and does not have any specific brands associated with it.

More: The Economic System of Argentina: An Analysis

The combined revenue of Argentina’s top 10 companies amounts to $259B

Biggest companies in argentina

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