S&P/ASX 200 Index (ASX: XJO) shares rose by 9.97% and delivered total returns, including dividends, of 13.81% in FY25.
Here, we look at the 10 best-performing ASX 200 large-cap shares of FY25 for capital growth.
Large-caps are stocks with a market capitalisation of $10 billion or more. All the stocks below fit this category.
Investors like large-caps because they are typically older, well-established companies that pay reliable dividends every year.
Let's check out the FY25 winners.
10 best ASX 200 large-caps for share price growth in FY25
1. Sigma Healthcare Ltd (ASX: SIG)
The Sigma Healthcare share price rocketed 135% in FY25 to close at $2.99 on 30 June.
The ASX 200 large-cap healthcare share benefited from investor excitement over the Chemist Warehouse merger.
Tony Paterno from Ord Minnett rates Sigma shares a hold based on "valuation grounds".
2. Evolution Mining Ltd (ASX: EVN)
The Evolution Mining share price rose by 123% in FY25 to close at $7.79 on 30 June.
ASX gold shares had a fantastic year due to strong growth in the gold price.
The S&P/ASX All Ords Gold Index (ASX: XGD) ripped 57% higher in FY25, and the gold price hit a record US$3,500.05 per ounce in April.
Daan Stryuven, co-head of global commodities research at Goldman Sachs, expects the gold price to rise to US$4,000 per ounce.
We recently revealed 4 ASX gold shares that experts say have more than 30% upside potential in FY26.
3. Technology One Ltd (ASX: TNE)
Stock in enterprise software company TechnologyOne roared 121% higher in FY25.
This ASX 200 large-cap tech share closed at $41.01 apiece on 30 June.
UBS has a buy rating on TechnologyOne shares with a 12-month price target of $42.20.
4. Pro Medicus Ltd (ASX: PME)
The Pro Medicus share price rose by 99% to finish the year at $285.08 per share.
Pro Medicus shares have since set a new record of $325 and are on a seemingly unstoppable trajectory.
Morgans has a trim rating on this ASX 200 large-cap healthcare share and a price target of $280.
Bell Potter recently downgraded Pro Medicus shares from a buy rating to a hold with an improved price target of $320.
5. Qantas Airways Ltd (ASX: QAN)
This ASX 200 large-cap airline share lifted 84% to close at $10.74 on 30 June.
We recently compared its performance to Flight Centre Travel Group Ltd (ASX: FLT) and Air New Zealand Ltd (ASX: AIZ) shares.
6. JB Hi-Fi Limited (ASX: JBH)
The JB Hi-Fi share price soared by 80% in FY25.
JB Hi-Fi shares finished the year at $110.35 apiece on 30 June.
Bell Potter has a buy rating and $114 price target on this ASX 200 large-cap consumer discretionary share.
7. Brambles Ltd (ASX: BXB)
This ASX 200 large-cap industrials share rose by 61% to close at $23.42 on 30 June.
8. Computershare Ltd (ASX: CPU)
Computershare stock rose by 51% to close at $39.89 on 30 June.
Macquarie has a neutral rating and a share price target of $38 on Computershare.
9. Commonwealth Bank of Australia (ASX: CBA)
The CBA share price soared by 45% to finish the financial year at $185.
A few days prior, the ASX 200 large-cap bank share once again reset its record high at $192 per share.
Could CBA shares go to $200 in FY26?
10. SGH Ltd (ASX: SGH)
Stock in diversified investment company, SGH, lifted 43.5% in FY25.
This ASX 200 large-cap industrials share finished the year at $54.07 per share.
