New Zealand has a stable investment landscape that allows a wide range of businesses to thrive in the country. If you’re considering investing in New Zealand-based companies, several stand out, creating diverse options for new and experienced investors alike. Among these businesses are long-established companies with strong performance track records and emerging companies with high growth potential. These companies span multiple industries, enabling a well-diversified investment portfolio.
1. Xero (XRO)
The software and technology company Xero has experienced rapid growth over the past decade. Its market cap is $26.39 billion, and its share price has increased by 21.6% over the past year. Xero specialises in accounting software for small- and medium-sized businesses and is active in several markets worldwide, including Australia, Canada, the United States, South Africa, and the United Kingdom. The software automates administrative and accounting tasks, allowing businesses to streamline workflows and keep more accurate records.
2. Fisher & Paykel Healthcare (FPH)
With over 50 years of healthcare innovation and a global reach, Fisher & Paykel Healthcare is an established market leader with a track record of steady, sustained growth. The company designs and manufactures home healthcare technologies for chronic respiratory and acute care, such as CPAP machines for sleep apnoea. The company has a market cap of $19 billion and has seen its value increase by 36.8% over the past year. Since 2020, the company has experienced rapid growth, and even as pandemic-related healthcare needs have declined, Fisher & Paykel Healthcare’s products remain highly valued.
3. Meridian Energy (MEZ)
Meridian Energy is an energy company that uses renewable sources such as wind, water, and sun to generate power. It offers energy plans for homes and businesses, including options for installing EV chargers and solar panels. Meridian Energy is valued at $14.08 billion and has grown significantly over the last decade. Its focus on decarbonisation makes it worth investing in for those wanting environmentally responsible options.
4. Auckland Airport (AIA)
Airports have significant growth potential, as they are key infrastructure assets supporting economic prosperity across multiple industries, offering business connections, global trade, and tourism opportunities. The Auckland Airport has experienced steady growth for decades and is currently valued at $13.10 billion. It’s an established, essential company with a long track record that investors can feel reasonably confident in—though events like the COVID-19 pandemic show that there are always risks of downward dips for any and all investments, including essential infrastructure.
5. Infratil (IFT)
Infratil is an infrastructure company that operates in renewable energy, healthcare, airports, and digital infrastructure. It has been operating for over 30 years and focuses on investing in global infrastructure, improving people’s lives, and being a sustainable organisation. Over the past year, it grew by 2.16% and has a market cap of $10.42 billion.
6. Fonterra (FCG)
The dairy company Fonterra has over 150 years of operation, making it a well-established, stable company in which to invest. Its market cap sits at $7.98 billion and has experienced enormous growth, 106.3%, in the past year. Fonterra is a farmer-owned co-op that prioritises sustainability to become the most environmentally efficient dairy producer in the market. This mission caters to the growing demand for more sustainable practices, strengthening the company’s market performance.
7. Contact Energy (CEN)
Contact Energy has a market cap of $6.83 billion and has seen a 1.73% growth in the past year, part of a long growth trend. The company’s steady growth makes it a strong candidate for inclusion in your investment portfolio. The company produces energy from traditional fossil fuels, hydro, and geothermal generation. The company also offers broadband and mobile services, expanding its business scope and growth potential.
8. Ryman Healthcare (RYM)
With an ageing population, retirement villages and aged care providers like Ryman Healthcare are becoming increasingly important. They provide community, health support, and a good quality of life for retired individuals, giving them and their families comfort and peace of mind. Ryman is an established leader in this industry, providing retirement villages across New Zealand with various levels of care and support. The company has established a market cap of $2.71 billion and has shown significant growth since its launch in 1984.
9. SkyCity Entertainment Group (SKC)
The SkyCity Entertainment Group operates multiple entertainment venues in New Zealand and one in Australia, attracting local and international tourists alike. The venues include casino gaming floors, restaurants, bars, and hotel suites. As with many tourism companies, SkyCity is still recovering from a significant downturn caused by the pandemic. However, just like online casinos with a $10 deposit are growing in popularity in New Zealand, the company is regaining traction as it recovers. SkyCity currently has a market cap of $965 million.
10. Scales Corporation (SCL)
Scales Corporation has experienced slow but steady growth over the past year and is currently at a market cap of $592.35 million. The company has been operating for over 125 years and has evolved to be a diversified agricultural business. It delivers horticultural, logistical, and protein-based products and services across New Zealand and global markets under recognisable brand names such as Mr Apple, Fern Ridge Fresh, Meateor, and Shelby Foods.
11. Vista Group International (VGL)
Vista Group is an international tech conglomerate providing software to the film industry. Several subsidiaries provide its products and services, including Vista Cinema, Movio, and Flicks. Vista Cinema, the first company in the group, started as ticketing software for cinemas and has since grown into comprehensive software for overall cinema management. Movio is a marketing platform for promoting films and monitoring campaign performances. Flicks is a movie guide website with over a million monthly visitors across New Zealand, Australia, and the United Kingdom. The company has been operating for over 25 years and has achieved a market cap of $752 million. Between 2024 and 2025, it grew by 94.8%.