| Name | Country | Market Cap (US$) |
|---|
| East Japan Railway Company (JR-East) | Japan | 31,124 |
| Union Pacific Corporation | United States | 25,952 |
| Burlington Northern Santa Fe Corporation | United States | 25,240 |
| Daqin Railway Co Ltd | China | 19,256 |
| Central Japan Railway Company | Japan | 17,828 |
| Norfolk Southern Corporation | United States | 16,785 |
| Canadian National Railway Company | Canada | 16,578 |
| CSX Corporation | United States | 12,923 |
| West Japan Railway Company (JR-West) | Japan | 8,846 |
| Kintetsu Corporation | Japan | 6,715 |
| China South Locomotive & Rolling Stock | China | 5,780 |
| Tobu Railway Co., Ltd. | Japan | 4,603 |
| Nankai Electric Railway Co., Ltd. | Japan | 2,368 |
| Guangshen Railway Company Limited | China | 2,064 |
| China Railway Erju Co Ltd | China | 1,980 |
| Kansas City Southern | United States | 1,752 |
| SMRT Corporation Limited | Singapore | 1,624 |
| Westinghouse Air Brake Technologies Corp | United States | 1,489 |
| China Railway Tielong Container Logistics Co Ltd | China | 1,073 |
| Trinity Industries, Inc. | United States | 961 |
| CAF, Construcciones y Auxiliar de Ferrocarriles | Spain | 930 |
| Genesee & Wyoming Inc. | United States | 888 |
| Zhuzhou CSR Times Electric Co Ltd | China | 748 |
| Faiveley S.A. | France | 720 |
| Taiwan High Speed Rail Corp | Taiwan | 688 |
| Sanyo Electric Railway Co., Ltd. | Japan | 343 |
| Jinxi Axle Co. Ltd | China | 307 |
| South Huiton Co., Ltd. | China | 300 |
| Trakcja Polska SA | Poland | 250 |
| Stakhanov Ferroalloy Plant | Ukraine | 223 |
| FreightCar America, Inc. | United States | 217 |
| Baotou Beifang Chuangye Co., Ltd | China | 212 |
| Hiroshima Electric Railway Co., Ltd. | Japan | 202 |
| Shin-Keisei Electric Railway Co. | Japan | 196 |
| FNM SpA | Italy | 148 |
| American Railcar Industries, Inc | United States | 144 |
| Trancom Co., Ltd. | Japan | 116 |
| The Greenbrier Companies, Inc. | United States | 105 |
| Luganskteplovoz | Ukraine | 104 |
| BLS AG | Switzerland | 104 |
| Tri-White Corp | Canada | 94 |
| Meito Transportation Company, Ltd. | Japan | 89 |
| Tag Tegernsee Immobilien-und Beteiligungs-AG | Germany | 81 |
| BVZ Holding AG | Switzerland | 69 |
| Japan Oil Transportation Co., Ltd. | Japan | 60 |
| Providence & Worcester Railroad Company | United States | 51 |
| Portec Rail Products, Inc. | United States | 44 |
| Ferrocarril del Pacifico SA | Chile | 40 |
| Senkon Logistics Co., Ltd. | Japan | 39 |
| Compagnie de Transports au Maroc (CTM) | Morocco | 37 |
| Jarvis plc | United Kingdom | 34 |
| Kanda Corporation | Japan | 33 |
| SMT Scharf AG | Germany | 31 |
| Keifuku Electric Railroad Co., Ltd. | Japan | 29 |
| Chichibu Railway Co., Ltd. | Japan | 26 |
| Meitetsu Transport Co., Ltd. | Japan | 25 |
| Remarul 16 Februarie SA | Romania | 24 |
| Lenzerheide Bergbahnen AG | Switzerland | 23 |
| Taiho Transportation Co., Ltd. | Japan | 23 |
| Teutoburger Wald Eisenbahn AG | Germany | 16 |
| Chemins De Fer Departement | France | 15 |
| Fauvet Girel | France | 14 |
| Miju Rail Mfg. Co., Ltd | South Korea | 12 |
| Railpower Technologies Corp. | Canada | 12 |
| Vae Apcarom SA | Romania | 11 |
| Zaklady Naprawcze Taboru Kolejowego W Lapach S A | Poland | 11 |
| Nebelhornbahn AG | Germany | 10 |
| Railcare Group AB | Sweden | 9 |
| Berner Oberland-Bahnen AG | Switzerland | 8 |
| Pioneer Railcorp | United States | 8 |
| Cobrasma S.A. | Brazil | 3 |
| OMNI Rail Products, Inc. | United States | 1 |
| Altayvagon OAO | Russia | Public |
| Berchtesgadener Bergbahn AG | Germany | Public |
| Cimmco Birla Limited | India | Public |
| Dayton & Michigan Railroad Co. | United States | Public |
| Empresa Ferroviaria Andina S.A. | Bolivia | Public |
| Ferrovia Centro-Atlantica S.A. | Brazil | Public |
| Ferroviaria Oriental S.A. | Bolivia | Public |
| Integra Hindustan Control Ltd | India | Public |
| Muromteplovoz | Russia | Public |
| New York Regional Rail Corporation | United States | Public |
| Tatravagonka a.s. | Slovakia | Public |
| Zeljeznice Republike Srpske a.d. Doboj | Bosnia & Herzegovina | Public |
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