S&P/ASX 200 Index (ASX: XJO) shares increased 2.77% and delivered total returns, including dividends, of 7% in FY26.
The ASX 200 outperformed the S&P/ASX All Ords Index (ASX: XAO) last financial year.
ASX All Ords shares increased 2.43% and provided total returns of 5.69%, according to S&P Global data.
Let's take a look at the five best-performing ASX 200 shares for capital growth in FY26.
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5 best ASX 200 shares for price growth
1. 4DMedical Ltd (ASX: 4DX)
This ASX 200 healthcare share skyrocketed 1,786% in FY26 to close out the year at $4.53.
4DMedical shares hit a record $7.55 per share in April.
The highlight of FY26 for this respiratory imaging technology company was gaining US Food and Drug Administration (FDA) approval for its CT:VQ product in September 2025.
CT:VQ is the world's first non‑contrast post‑processing technology that transforms routine chest CTs into quantitative, lobar ventilation (V) and perfusion (Q) maps.
Since approval, the technology has been deployed at the revered US Mayo Clinic, Stanford, Cleveland Clinic, UC San Diego Health, University of Chicago Medicine, and the University of Miami.
2. Minerals 260 Ltd (ASX: MI6)
This ASX 200 gold share share ripped 508% to close out FY26 at 73 cents per share.
Minerals 260 hit a record $1 per share last month.
The mineral explorer is building the Bullabulling Gold Project, 25km south-west of Kalgoorlie in Western Australia's Eastern Goldfields region.
Bullabulling is one of Australia's largest near-term gold mines. It has a Mineral Resource Estimate (MRE) of 130MT @ 1.0g/t for 4.5Moz.
Minerals 260 recently signed a $220 million funding deal with gold royalty company, Franco-Nevada Corporation, to advance and de-risk the project.
3. Elevra Lithium Ltd (ASX: ELV)
This ASX 200 lithium share soared 327% to $9.60 in FY26.
Elevra Lithium shares hit a 52-week high of $14.06 per share in May.
Elevra has a globally diversified portfolio of mines and development projects across Québec, North Carolina, Ghana, and Western Australia.
Formed through the merger of Piedmont Lithium and Sayona Mining, its flagship mine is the North American Lithium Project.
Like all ASX lithium miners, Elevra has benefitted from surging lithium commodity values in FY26.
Supply/demand for lithium has finally rebalanced after a long period of oversupply and growing demand today for batteries, green power infrastructure, and electric vehicles (EV).
The lithium spodumene price is up from about US$600 per tonne in June 2025 to US$2,260 per tonne today.
The lithium carbonate price rocketed 155% higher in FY26.
4. PLS Group Ltd (ASX: PLS)
This fellow ASX 200 lithium share roared 275% to close out FY26 at $5.02.
Formerly known as Pilbara Minerals, PLS Group is the largest lithium miner on the ASX by market cap.
PLS Group shares hit a record $6.81 last month.
The company's flagship is the Pilgangoora Operation, the world's largest independent hard-rock lithium mine.
5. Electro Optic Systems Holdings Ltd (ASX: EOS)
This ASX 200 industrials share increased 261% to finish the year at $10.30.
Electro Optic Systems shares have soared over the past four years since Russia's invasion of Ukraine.
The company specialises in defence technology, developing advanced weapon systems and counter-drone solutions.
The ASX 200 defence stock hit a record $12.58 per share last month.
