In the complex world of stock markets, prices fluctuate like the tides. Yet, amidst this ever-shifting landscape, some stocks stand out as very expensive.
Have you ever wondered which company has the priciest stock in the world? It’s not too hard to find out, but it does involve checking a lot of companies worldwide with high stock prices.
To make things easier, we have compiled a list of the most expensive stocks in the world. It’s important to note that “expensive” here only refers to the price of one share of a publicly traded company, not necessarily its value or quality.
To keep things simple, we have converted all figures into United States dollars.
Did you know?
The NYSE, the world’s largest stock exchange by market value, has a total of 2,272 companies listed. Of these, 1,709 are domestic, and 563 are international. Their combined market cap is over $25.56 trillion.
Table of Contents
18. Texas Pacific Land Corp
52-Week High Stock Price: $666Market Cap: $13.56 billion
Exchange: NYSE
The Texas Pacific Land Corporation is a real estate operating company that owns more than 880,000 acres in 20 West Texas counties. It is among the largest private landowners in the state of Texas.
The company generates a major chunk of revenue from royalties and lease payments related to its mineral rights, as well as land sales and other real estate activities. In 2023, its annual revenue was close to $632 million.
The company has delivered excellent results in the last decade — their stock went from $20 in 2013 to $600 in 2024.
17. Sparklight
Locations of Sparklight’s consolidated markets
Market Cap: $2.24 billion
Exchange: NYSE
Cable One is one of the leading ISP and cable service providers in the United States. Until 2015, the company was a subsidiary of Graham Holdings Company.
After its departure from Graham Holdings, the company’s share registered a steady jump from around $400 in February 2016 to $758 price/share in October 2017.
However, the stock hasn’t performed well in the last five years. It declined from $1000 in 2019 to $400 in 2024, eroding nearly 60% of investors’ wealth.
16. Graham Holdings Company
Market Cap: $3.40 billion
Exchange: NYSE
The Graham Holdings Company is a U.S.-based holding conglomerate that owns or has majority stakes in various newspapers, cable television, and websites. In 2013, the company sold one of its trademark newspapers, The Washington Post, to Nash Holdings (controlled by Jeff Bezos) for $250 million.
Its other prized assets include Kaplan Inc. and The Slate Group, which runs the popular Slate Magazine. Through its media arm, Graham Holdings controls a total of six television stations running in six different US states.
The company achieved its highest-ever stock price in March 2024, when it was trading at $771 per share.
15. First Citizens BancShares Inc
52-Week High Stock Price: $1,655 (Class A)First Citizens Bancshares Inc., FCNCB 1.85% increase; green up pointing triangle one of the nation’s largest regional banks, is buying big pieces of Silicon Valley Bank more than two weeks after the lender’s collapse sent tremors through the banking system.
The Federal Deposit… pic.twitter.com/G7ALOiw90X
— Frank’s Zone (@Franks_Zone) March 27, 2023
Market Cap: $24.74 billion
Exchange: NASDAQ
First Citizens BancShares is a financial holding company with operations primarily in the Southeastern United States. It operates more than 550 branches in 23 states.
The company has $200 billion worth of total assets. In 2023, its annual revenue stood at $22.466 billion, a remarkable 305% increase from 2022.
In terms of market performance, their stock price has soared from $200 in 2013 to $1600 in 2024. By March 2024, the stock had reached its all-time high at $1655.
14. MRF
52-Week High Stock Price: $1818Now you need to have ₹1 lakh to buy a MRF Stock! pic.twitter.com/RbqeXVRszN
— Marketing Maverick (@MarketingMvrick) June 13, 2023
Market Cap: $6.7 billion
Exchange: NSE (India)
MRF, short for Madras Rubber Factory Limited, is India’s largest multinational tire manufacturer, which also produces conveyor belts, paints, tubes, and toys.
The company was started as a toy balloon manufacturer in 1946 at Tiruvottiyur, Chennai, before entering the tread rubber industry in 1952. It didn’t enter the Nylon tire manufacturing business until 1973.
MRF has never split its shares or offered a bonus issue, which is why the value of a single share is so high. It reached its all-time high in February 2024.
13. Markel Corporation
Markel Building Image Courtesy: Christopher Rand
Market Cap: $19.43 billion
Exchange: NYSE
Markel Corporation is a US-based holding company involved in the insurance and investment business around the world. It went public in 1986, trading at $8.33 per share, valuing the company at $15 million.
Since its inception, Markel Co. has acquired multiple companies in different sectors through its investment arm. Globally, it has more than 76 offices in over 18 nations.
Markel Corporation entered the Fortune 500 for the first time in 2016.
12. Mettler-Toledo International
A Teldo Scale
Market Cap: $28.59 billion
Exchange: NYSE
Mettler Toledo specializes in manufacturing different types of analytical and scientific instruments. It’s one of the largest suppliers of weighing instruments used in industrial complexes, labs, and retail stores.
Most of its sales come from European and American markets.
In 2023, the company generated $3.7 billion in annual revenue and $789 million in net income. Their stock price rose from $250 in 2014 to an all-time high of $1700 in 2021 (adjusted for splits).
11. MercadoLibre
52-Week High Stock Price: $1,825MercadoLibre has been compounding the intrinsic value per share:
•Earnings per share has grown to $19.6 (31.80% CAGR)
•Operating cash flow per share has grown to $100.8 (41.38% CAGR)
•Free cash flow per share has grown to $90.8 (42.77% CAGR) pic.twitter.com/b32Fpcx3zb— Invest In Assets (@InvestInAssets) April 8, 2024
Market Cap: $75.77 billion
Exchange: NASDAQ
MercadoLibre, often called the “Amazon of Latin America,” is a top e-commerce and fintech company in the region.
In addition to being an online marketplace, it provides online payment solutions and digital wallet services. It serves as a payment processor for transactions on the MercadoLibre marketplace and beyond.
According to Semrush, mercadolibre.com.mx receives over 156 million monthly visitors, with an average session lasting about 12 minutes and 43 seconds.
In 2023, they recorded $14.4 billion in annual revenue and $7.2 billion in annual gross profit. That same year, Time magazine recognized them as one of the world’s 100 most influential companies.
10. White Mountains Insurance Group
Market Cap: $4.46 billion
Exchange: NYSE
Headquartered in Hamilton, Bermuda, White Mountains Insurance Group is a financial services holding company that owns or has significant stakes in brokerages, life insurers, and reinsurance companies. It also has interests in tech companies that engage in the insurance business.
According to its official website, the insurance company has total assets of approximately $8.4 billion and an adjusted shareholders equity of $4.2 billion.
9. Hermes International SCA
52-Week High Stock Price: $2,436Hermès is delighted to announce the reopening of its renovated and expanded store in the heart of the city of Sapporo in Japan.#HermesSapporohttps://t.co/GpjYoHvxpV pic.twitter.com/sn3xaL3nTS
— Hermès (@Hermes_Paris) October 26, 2023
Market Cap: $261.45 billion
Exchange: EPA (Paris)
Hermes International SCA is a French luxury goods manufacturer and retailer famous for its leather goods, ready-to-wear fashion, perfume, accessories, and other luxury items. Some of its iconic products include the Birkin and Kelly handbags, the H belt buckle, and the silk scarves.
Founded in 1837 by Thierry Hermès, the company has a rich heritage spanning over 185 years. It remained a family-owned company throughout its history.
The Hermès family owns about 65% of the share capital and is actively involved in its management.
In 2023, Hermes International reported an annual revenue of $14.58 billion and a net income of $4.68 billion. They hold total assets worth $22.2 billion.
8. Broadcom
52-Week High Stock Price: $2,626You don’t become a world-class technology leader that supports the largest global companies without continually prioritizing and investing in #innovation and research & development. That’s how Broadcom is #ConnectingEverything pic.twitter.com/rLuPXsL2BN
— Broadcom Inc. (@Broadcom) March 29, 2024
Market Cap: $618.11 billion
Exchange: NASDAQ
Broadcom designs, develops, and supplies a range of semiconductor and infrastructure software solutions. About 79% of their revenue comes from semiconductor-based products, while 21% comes from their infrastructure software products and services.
The company has pursued an aggressive acquisition strategy to expand its product offerings and market reach. Key acquisitions include Avago Technologies, Symantec Enterprise Security Business, and CA Technologies. In 2023, they acquired VMware (a cloud computing and virtualization technology company) for $69 billion.
In that same year, they generated $35.8 billion in annual revenue and $24.6 billion in gross profit, marking increases of 7.8% and 11.7%, respectively, compared to 2022.
Over the past five years, the company’s stock price has nearly septupled, rising from $250 in 2019 to $1400 in 2024.
7. Chipotle Mexican Grill, Inc.
52-Week High Stock Price: $3,023Chipotle Mexican Grill Inc. Stock Performance:
The company’s stock $CMG has returned 5,795% since 2006. If you had invested $10,000, the current value of that investment would be $599,500.Financial Overview 2001-2023:
Revenue: $132 million → $9.87 billion (CAGR: 21% or… pic.twitter.com/wc6SNGeiiX— GreenMoss Capital (@GreenMossINV) February 7, 2024
Market Cap: $80.26 billion
Exchange: NYSE
Chipotle Mexican Grill is a popular American chain of fast-casual restaurants specializing in Mexican-inspired cuisine. It runs 3,200+ restaurants across the US, UK, Canada, Germany, and France.
The company has experienced substantial growth in digital sales, including online orders through its mobile app and website. In recent years, digital sales have accounted for a significant portion of the company’s revenue, exceeding 50% in some quarters.
In 2023, their annual revenue stood at $9.8 billion, a 14.3% increase from 2022. In the last 10 years, their stock has increased 10 times, from $300 in 2013 to $3000 in 2024.
6. AutoZone
52-Week High Stock Price: $3,256I often think of Lowe’s stock as a cross between Home Depot and AutoZone. Like Home Depot, they provide high dividend growth. Like AutoZone, they buy back a large number of shares each year. And to top it all off, they’re a dividend king with 60 years of increases. $LOW pic.twitter.com/WunZunf8Wi
— Durable Value Creators (@DurableCreators) February 9, 2023
Market Cap: $37.49 billion
Exchange: NYSE
AutoZone is the largest retailer of auto parts in the United States ahead of its domestic competitor Advance Auto Parts. Apart from its more than 6,000 retail outlets in the United States, the company has divisions in Puerto Rico, Mexico, and Brazil.
AutoZone’s stock has consistently performed well over the past 30 years, with minimal downturns. It has generated immense wealth for its long-term investors, rising from $7 in 1991 to $3,200 in 2024.
5. The Booking Holdings
52-Week High Stock Price: $3,601Taipei City Government has named @Agoda the Exclusive Accommodation Partner for the 2025 World Masters Games hosted by the @IMGAmasters. Both competitors and fans can book with Agoda to find discounted, high quality accommodations for the exciting event: https://t.co/BIlXmkfNyK
— Booking Holdings (@BookingHoldings) April 9, 2024
Market Cap: $122.75 billion
Exchange: NASDAQ
Booking Holdings was initially launched in 1997 as a single website, Priceline.com, which allows users to buy travel packages at discount rates. In just two years, in 1999, the company went public and made its founder a big-time billionaire.
In 2013, the company bought Kayak.com, a travel metasearch engine, for $1.8 billion before changing its name to Priceline Group. Its most significant acquisition to date, however, came a year later when it bought OpenTable, an online restaurant reservation company, for $2.6 billion.
Furthermore, the company acquired Momondo Group, Cheapflights, and Rentalcars.com to expand its business. Its name was finally changed to Bookings Holdings in 2018.
According to Semrush, booking.com attracts approximately 536 million visits per month, with an average duration of 12 minutes and 52 seconds. In 2023, users booked over 1 billion room nights of accommodation, 74 million rental car days, and 36 million airplane tickets through websites and apps owned by Booking Holdings.
4. Seaboard Corporation
Seaboard Corporation owned refrigerated containers and a marine vessel
Market Cap: $3.04 billion
Exchange: NYSE
Seaboard Corporation is a multinational conglomerate that specializes in agribusiness and transportation operations. The company has interests in pork and sugar production, commodity trading, cargo shipping, and the power sector.
From 2009 to 2013, the company’s total sales nearly doubled from $3.6 billion to $6.6 billion. The stock reached its all-time high in March 2015, hitting the $4,600 mark for the first time in its history. However, it hasn’t surpassed that mark since then.
As of 2023, the company’s annual revenue stood at $9.56 billion, with an annual income of $226 million.
3. NVR Inc
Market Cap: $24.73 billion
Exchange: NYSE
One of the most expensive stocks in the world, NVR, Inc., is a US-based construction and mortgage company established in 1980 and went public in 1993. The company has three direct subsidiaries: NVHomes, Rymarc Homes, and Heartland Homes, through which it does all its business.
NVR’s primary focus is in the Eastern markets, mostly for single-family homes, townhomes, and condominiums.
In 2017, it outperformed major indices, with its stock price more than doubling from $1,700 in January 2017 to $3,508 by December 29. In 2023, the stock price reached an all-time high of $8,211.40.
2. Lindt & Spruengli AG
An Issued stock of the Chocoladefabrik Lindt & Sprüngli AG in 1930
Market Cap: $26.47 billion
Exchange: SWX (Switzerland)
Lindt & Spruengli is a Swiss multinational confectionery company that now owns five of the biggest chocolate-producing establishments in the world, including Russell Stover Candies, maker of the popular Whitman’s Chocolate, which was acquired for about $1.5 billion in 2014.
Ranked among the top ten chocolate producers worldwide alongside Mars Inc., Nestlé, and Hershey Co., Lindt & Sprüngli reported impressive organic growth, achieving $5.7 billion in annual sales in 2023, marking a significant 10.3% increase compared to the previous year.
The company’s stock has demonstrated consistent performance over the last three decades, climbing from $320 in 1995 to $12,500 in 2024.
1. Berkshire Hathaway
Berkshire Hathaway’s Majority stockholder Warren Buffet with Barack Obama
Market Cap: $886.57 billion Industry: Insurance, real estate, media, consumer goods
Berkshire Hathaway is, by far, the most expensive stock in the world. During one of his company’s annual shareholder meetings, Warren Buffet, the founder and chairmen, announced that buying out Berkshire Hathaway in 1964, was perhaps one of the biggest mistakes he ever made during his entire investing career.
He further claimed that had he not bought more shares of the company and directly invested the capital in the insurance business, it would have been more profitable by now.
But here it is: Berkshire Hathaway now owns more than 60 companies in various sectors while owning majority stakes in as many as 20 other companies, including Coca-Cola Company, BOA (Bank of America), and Apple. It is currently among the top 10 largest publicly traded companies (by market capitalization) in the world.
In 2023, Berkshire Hathaway’s annual revenue was $364.4 billion, an impressive 20.6% increase from the previous year. Their gross profit reached $287.9 billion, reflecting a remarkable 26.6% increase over the preceding year.
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Hermès International S.A. is trading at $1,400.