| Academy Award Nominations and Winners: |
| ★ | Best Picture |
| Best Director: Ridley Scott |
| ★ | Best Actor: Russell Crowe |
| Best Supporting Actor: Joaquin Phoenix |
| Best Original Screenplay: David Franzoni, John Logan, and William Nicholson |
| Best Cinematography: John Mathieson |
| Best Art Direction: Arthur Max; Crispian Sallis |
| ★ | Best Costume Design: Janty Yates |
| Best Film Editing: Pietro Scalia |
| Best Original Score: Hans Zimmer |
| ★ | Best Sound: Scott Millan, Bob Beemer, and Ken Weston |
| ★ | Best Visual Effects: John Nelson, Neil Corbould, Tim Burke, and Rob Harvey |
|
| Golden Globe Nominations and Winners: |
| ★ | Best Picture (Drama) |
| Best Director: Ridley Scott |
| Best Actor (Drama): Russell Crowe |
| Best Supporting Actor: Joaquin Phoenix |
| ★ | Best Original Score: Hans Zimmer & Lisa Gerrard |
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| Other Awards: |
| Producers Guild of America: Best Picture |
| National Board of Review: Best Supporting Actor (Phoenix; also cited for Quills and The Yards); Best Art Direction |
| British Academy Awards (BAFTAs): Best Picture; Best Cinematography; Best Art Direction; Best Film Editing |
| Satellite Awards: Best Cinematography; Best Original Score; Best Visual Effects |