Last updated
    Wesfarmers
    Conglomerate

    Wesfarmers

    Australia flagAustralia

    "Everyday value for every Australian home"

    Founded 1914 Perth, Western Australia
    Community

    About

    What began in 1914 as the Western Australian Farmers Cooperative Wholesale Company has grown into one of the nation's most influential business groups. The organization started by supplying essential goods to rural communities across the state before pivoting toward a diversified retail and industrial model that dominates the Australian market today.

    The company manages a vast collection of brands, with Bunnings Warehouse leading the charge in home improvement across Australia and New Zealand. Other major pillars include Kmart and Target for general merchandise, Officeworks for office supplies, and Priceline Pharmacy. While the group previously owned Coles Supermarkets, it has recently shifted focus toward streamlining operations and divesting non-core assets to sharpen its strategic direction.

    Financial performance remains strong despite market fluctuations, with the 2025 financial year delivering revenue around A$45.7 billion. As of August 2026, the market capitalization stood near A$68.16 billion, supported by over 118,000 employees and more than 480,000 shareholders. Recent years have seen an aggressive push into technology, highlighted by partnerships with Google Cloud and Microsoft in February 2026 to deploy AI solutions across its retail portfolio.

    Products & Sub-brands

    Bunnings WarehouseKmartTargetOfficeworksPricelineWesfarmers LithiumChemring Safety

    Frequently Asked Questions

    Who owns Wesfarmers?
    Wesfarmers is a publicly listed company on the Australian Securities Exchange (ASX: WES) owned by over 480,000 individual and institutional shareholders rather than a single private owner.
    What brands does Wesfarmers own?
    The group operates major retail chains including Bunnings Warehouse, Kmart, Target, Officeworks, and Priceline, alongside industrial businesses like Chemring Safety and lithium mining interests.
    Is Wesfarmers still expanding its lithium business?
    Yes, as of mid-2026, the company is actively evaluating decisions on expanding its lithium operations, specifically concerning its interests in the Greenbushes mine.
    How much is Wesfarmers worth?
    As of August 2026, Wesfarmers has a market capitalization of approximately A$68.16 billion, trading at a premium valuation with a P/E ratio significantly above the industry average.
    Does Wesfarmers use AI in its stores?
    Yes, in February 2026, the company partnered with Google Cloud and Microsoft to implement agentic AI across its retail brands like Kmart and Priceline to improve customer experiences.

    Keywords

    Australian conglomerateBunningsKmartretailmininglithiumCooperativesASX listed

    Sources

    Company Info

    Founded
    1914
    Founder
    Western Australian Farmers Cooperative Wholesale Company
    Headquarters
    Perth, Western Australia
    Industry
    Conglomerate
    Revenue
    45700000000
    Employees
    118000
    Revenue (FY2025)
    A$45.7 billion
    Market Cap (Aug 2026)
    A$68.16 billion
    Shareholders
    480,000+
    AI Partnership Date
    February 2026

    Official Website

    www.wesfarmers.com.au/

    Join the community

    fans discussing