Biggest company in the word

The world’s biggest companies by market cap operate within a range of different market sectors, including technology, communication services, energy, consumer cyclicals, and financial services. A company’s market cap is calculated by multiplying the total number of its shares outstanding by the current market price of a single share. The majority of the companies making up the top-10 list generate hundreds of billions of dollars in annual revenue. However, there are a few that generate less than $100 billion in annual revenue, suggesting that investors are optimistic about the potential growth of these companies compared to the others on the list.

All data below are courtesy of TradingView. All dollar values of data for Saudi Arabian Oil, which does not trade on any U.S. exchange, were converted using an exchange rate of 1 USD to 3.75 Saudi riyals. All figures below are as of Q2, 2022.

1. Apple Inc. (AAPL)

• Revenue (TTM): $378.3 billion
• Net income (TTM): $100.5 billion
• Market cap: $2.65 trillion
• 1-year trailing total return: 37%
• Exchange: Nasdaq
• Year Founded: 1976

Apple has become the world’s most valuable company. Apple designs, manufactures, and markets a broad range of consumer technology products, including smartphones, personal computers, tablets, wearable devices, home entertainment devices, and more. Some of its most popular products include its iPhone smartphones and Mac computers. Apple also has dramatically expanded its sales from services. It operates digital content stores, provides cloud and payment services, and recently launched AppleTV+, a streaming service for on-demand entertainment content.

2. Saudi Aramco (2222.SR)

• Revenue (TTM): $346.5 billion
• Net income (TTM): $88.1 billion
• Market cap: $2.33 trillion 
• 1-year trailing total return: 25%
• Exchange: Tadawul (Saudi Stock Exchange)
• Year Founded: 1933

Saudi Arabian Oil, better known as Saudi Aramco, is a Saudi Arabia-based integrated oil and gas company. The company was founded as Standard Oil’s overseas operations and is today owned by the Saudi government. Aramco operates both an upstream and downstream segment. Its upstream segment engages in the exploration and production of crude oil, condensate, natural gas, and natural gas liquids (NGL). The downstream segment is engaged in refining and petrochemical manufacturing, distribution, and power generation. Saudi Aramco also operates a chemicals business that makes products such as aromatics and olefins and complex products such as synthetic rubber.

3. Microsoft Corp. (MSFT)

• Revenue (TTM): $184.9 billion
• Net income (TTM): $71.2 billion
• Market cap: $2.10 trillion
• 1-year trailing total return: 31.1%
• Exchange: Nasdaq
• Year Founded: 1975

Microsoft is a global developer and licensor of software, devices, solutions, and services. The company is well known for its Windows and Office Suite software as well as its XBox gaming hardware. MSFT is getting a growing share of its profit and revenue from cloud computing services, for which it is one of the market leaders. Microsoft’s main cloud platform is called Azure. Microsoft also owns and operates LinkedIn, the popular social networking site for job seekers.

4. Alphabet Inc. (GOOGL)

• Revenue (TTM): $257.6 billion
• Net income (TTM): $76.0 billion
• Market cap: $1.54 trillion
• 1-year trailing total return: 33.1%
• Exchange: Nasdaq
• Year Founded: 1998

Alphabet is the parent of Google, whose search engine dominates the global market. The company offers a range of technologies and digital services, including search, the Android smartphone operating system, the Chrome browser, the Gmail email services, the Google Drive online file storage platform, Google Maps, Google Photos, the Google Play app store, and YouTube. The company also provides cloud services through Google Cloud, which allows developers to create and deploy applications as well as a variety of workspace collaboration tools. In addition, the company earns revenue through a growing array of hardware products such as the Pixel phones, Fitbit, and the Google Nest home collection. Alphabet also operates its Other Bets segment which includes emerging businesses such as the self-driving car business Waymo.

5. Amazon.com Inc. (AMZN)

• Revenue (TTM): $469.8 billion
• Net income (TTM): $33.4 billion
• Market cap: $1.42 trillion
• 1-year trailing total return: -2.5%
• Exchange: Nasdaq
• Year Founded: 1994

Amazon.com is an e-commerce retailer that sells a broad range of products and services globally and is the world’s biggest provider of cloud computing services. Its e-commerce business includes merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. Amazon offers various subscription services and web services as well, including its cloud computing service and fast-growing streaming entertainment business. Additionally, the company manufactures and sells electronic devices, such as Kindle e-readers, Fire tablets, Fire TV, and Echo and Alexa. Amazon sells groceries through its subsidiary, Whole Foods Market Inc.

6. Tesla Inc. (TSLA)

• Revenue (TTM): $53.8 billion
• Net income (TTM): $5.5 billion
• Market cap: $910 billion
• 1-year trailing total return: 34.5%
• Exchange: Nasdaq
• Year Founded: 2003

Tesla is a leading manufacturer of electric vehicles (EVs). The company’s vehicle models include: the Model 3, a four-door, midsize sedan designed and priced for mass-market appeal; the Model Y, a compact sport utility vehicle (SUV) that seats seven adults; the Model S, a four-door, full-size sedan; and the Model X, a midsize SUV with seating for up to seven adults. The company’s plans include the development and manufacture of a Cybertruck and a Tesla Semi, which is a commercial EV. Tesla also produces solar panels, provides solar energy generation, and supplies energy storage products.

7. Berkshire Hathaway Inc. (BRK.A)

• Revenue (TTM): $276.1 billion
• Net income (TTM): $89.8 billion
• Market cap: $644 billion
• 1-year trailing total return: 31.2%
• Exchange: New York Stock Exchange (NYSE
• Year Founded: 1839

Berkshire Hathaway began from the merger of two regional textiles companies in the 19th century. Only much later was it purchased by legendary investor Warren Buffett and converted into a conglomerate holding company. Berkshire Hathaway today owns a large number of subsidiaries engaged in a diverse range of business activities, including insurance, freight rail transportation, retailing, and utility and energy generation and distribution. The company also operates manufacturing businesses that make products for industrial uses, construction, and for consumers.

8. NVIDIA Corp. (NVDA)

• Revenue (TTM): $26.9 billion
• Net income (TTM): $9.8 billion
• Market cap: $457bbillion
• 1-year trailing total return: 84.5%
• Exchange: Nasdaq
• Year Founded: 1993

NVIDIA designs and develops graphics processors and related software. It was a pioneer in the development of the graphics processing unit (GPU), whose initial primary applications were in PC graphics and video games. The capabilities of the GPU are now being leveraged for use in AI and machine-learning applications. The company offers products and platforms comprised of hardware, software, services, and more to serve the gaming, professional visualization, data center, and automotive markets. Nvidia GPUs have also featured prominently in cryptocurrency mining.

9. Taiwan Semiconductor Manufacturing Co. Ltd. (TSM)

• Revenue (TTM): $56.8 billion
• Net income (TTM): $21.4 billion
• Market cap: $456 billion
• 1-year trailing total return: -8.9%
• Exchange: NYSE
• Year Founded: 1987

Taiwan Semiconductor Manufacturing Co., or TSMC, is a Taiwan-based company that operates as a semiconductor foundry. The company manufactures a broad variety of semiconductors on silicon wafers based on the proprietary integrated circuit designs provided by its customers. Its semiconductors are used in a range of electronics products, including PCs and peripheral products, information applications, wired and wireless communication systems, industrial equipment, digital TVs, game consoles, and more.

10. Meta Platforms Inc. (META)

• Revenue (TTM): $117.9 billion
• Net income (TTM): $39.4 billion
• Market cap: $449 billion
• 1-Year trailing total return: -22.2%
• Exchange: Nasdaq
• Year Founded: 2004

The Bottom Line

The biggest companies in the world today are worth several trillion dollars. This makes these companies larger and more valuable than some countries’ entire economies! Today, tech and energy companies dominate the biggest corporations in the world. In the past, the trading companies, railroads, and steelworks dominated. Time will tell if these high flyers can remain in the top positions and which industries may emerge to challenge these coveted positions.

As proven by this list of the 20 biggest companies in the world, which have graced the Fortune 500 list for many years, even record downturns such as the COVID-19 pandemic barely scratch the surface of these powerful behemoths.

The largest companies offer other benefits for jobhunters as well. The breadth of these businesses means opportunities in a wide variety of fields and at varying experience levels. The number of departments and positions provides room for advancement, and the international scope means you can reap the benefits of working abroad.

So, let’s take a look at the top 20 biggest companies across the globe.

20. Industrial & Commercial Bank of China

2021 revenues: $182.8 billion

Asia houses several of the largest and best banks to work for in the world. Founded in 1984 and headquartered in Beijing, the Industrial & Commercial Bank of China (ICBC) employs over 430,000 workers and has 884 worldwide locations in 39 separate countries and territories. With 2021 profits over $45 billion and assets topping 5 trillion, the ICBC ranks yet again as the largest lender in the world. According to their own financial interim report (PDF), the state-owned bank serves more than 9.2 million corporate clients and 590 million personal customers around the world.

19. Royal Dutch Shell

2021 revenues: $183.2 billion

For over a century, Royal Dutch Shell has been a major player in all aspects of the oil and gas industry. This international entity has 87,000 employees and operates in 100 countries, with Shell USA being one of its largest revenue-generators. Despite profit losses across the sector, Shell’s forward-thinking strategies, which include a pledge for net zero emissions by 2050, a 2022 streamlined name change (Shell plc) and a move from The Netherlands to the more tax-friendly England, should keep the company prosperous.

18. BP

2021 revenues: $183.5 billion

It’s a testament to the size and profitability of London’s oil and gas behemoth that a 600% loss in profits still didn’t stop the company from ranking in the top 20. BP operates over 1200 filling stations in the UK, and over 6000 in the US. Its 68,000 employees work across refining, service, technology and other divisions in 70 countries worldwide. Female jobseekers should note that BP leads Big Oil firms in hiring women, including executive positions.

17. AmerisourceBergen

2021 revenues: $189.9 billion

The Bergen Drug Company was the first business in America to use computers for accounting and inventory practices back in 1959. Throughout its history of mergers and acquisitions, AmerisourceBergen has remained at the forefront of innovation and technology in wholesale drug distribution, logistics, and patient services. The company provides a wealth of opportunity for a range of pharmaceutical jobs, with 42,000 employees in over 50 countries.

16. Ping An Insurance

2021 revenues: $191.5 billion

Experts expect China to rule the world’s economy in the not-so-distant future, and companies like Ping An are the reason why. The Shenzhen-based health, home and life insurance company serves hundreds of millions of customers. They’re also a technology leader, with 600 million digital users and a division of Smart City products that utilizes personal and public technology for advanced city-wide data analytics. Ping An’s 362,000 employees work in a variety of roles including financial, legal, administration and translation.

15. Samsung Electronics

2021 revenues: $200.7 billion

If you’re looking for jobs that resist obsolescence and that offer great benefits, tech companies are some of the best places to work for. The nearly 268,000 employees at Samsung have the added security of working for a company that was named the most innovative tech company in the world in a Capital on Tap report in 2021. With a huge share of the smartphone and 5G network market, Samsung also posted a 26.4% increase in yearly profits thanks to its display and memory chip technology.

14. Saudi Aramco

2021 revenues: $229.8 billion

A relative newbie on the Fortune 500 list, this Saudi Arabian mining and oil production company has weathered the pandemic storm and continues to find ways to stay profitable. Saudi Aramco incorporates sophisticated technology to help with environmental, government compliance, efficiency and financial processes throughout the company. Run with a workforce of nearly 80,000, those in search of high-level tech jobs will find ample opportunities here.

13. China State Construction Engineering Company

2021 revenues: $234.4 billion

China is widely known for pouring large sums of money into infrastructure. The state-backed China State Construction Engineering Company (CSCEC) has scored many lucrative contracts. The international company takes on the design, engineering and construction of everything from roads and bridges to skyscrapers, monorail systems, automobile factories and emergency COVID-19 hospitals. CSCEC hires its 356,000-plus employees from all over the globe and offers four different ‘promotion channels’ in management, professional, consultant and operation divisions.

12. McKesson

2021 revenues: $238.2 billion

This pharmaceutical and medical supplies distributor is the largest of its kind in the US. The scope of its operation makes it ideal for government contracts, which includes pharmacy and mail-order supplies for Veteran’s Affairs hospitals and distributing COVID-19 vaccines nationwide. McKesson has additional operations in the UK and Canada, and its 67,500 roles are based in the medical, technology, marketing, sales and project management fields.

11. Berkshire Hathaway

2021 revenues: $245.5 billion

Berkshire Hathaway’s CEO, Warren Buffett, still graces the world’s wealthiest lists and holds sway over investors hoping to achieve a mere fraction of his lifelong success. His company is a juggernaut of a conglomerate that boasts the most expensive shares in history, runs a lucrative insurance division, and owns multiple companies including GEICO, Duracell, Dairy Queen and Helzberg Diamonds. The 360,000 workers with Berkshire Hathaway count on Buffett’s famously sensible business decisions to keep the company stable and profitable.

10. Volkswagen

2021 revenues: $254 billion

Germany continues to excel in the auto industry, which includes many of the best companies to work for in the country. Volkswagen is the largest automotive manufacturer in the region, and second largest in the world, with massive revenues just a hair behind Japan’s Toyota Motor. The VW company encompasses several other well-known car makes, including Porsche, Lamborghini, Bentley and Audi. VW employs 663,000 workers globally and favors trainee and development programs, offering an impressive 17,939 apprentice positions as of December 2020.

9. Toyota Motor

2021 revenues: $256.7 billion

Japan has a massive, lucrative technological sector, but automotive giant Toyota tops the list of the largest companies in the country and the world. Just as customers’ environmental concerns have motivated the oil and gas industries, Toyota is focusing on pursuing both hydrogen vehicles and an impressive 15 models of battery electric models by 2025. The company’s 366,000 employees work mostly in Japan and North America, but manufacturing and distribution centers offer opportunities globally.

8. UnitedHealth Group

2021 revenues: $257.1 billion

Though headquartered in Minnesota, this health insurance giant employs 340,000 people in all 50 states and 33 additional countries. The hugely profitable UnitedHealth offers individual and corporate plans as well as Medicare and Medicaid supplemental insurance. It also runs offshoot Optum, which specializes in technology-based health services, including benefits management and data analysis to manage prescription costs.

7. CVS Health

2021 revenues: $268.7 billion

Jobseekers based in the US with a finely tuned pharmacist résumé have a very good chance of landing a role at a CVS pharmacy. With over 9900 retail locations in the nation, some regions have one practically on every corner. There are additional opportunities for prospective employees, with many of the company’s 300,000 workers applying their skills to health care clinics, customer service, information technology and newly acquired insurance provider Aetna.

6. Apple

2021 revenues: $274.5 billion

Apple continues to inspire cult-like devotion from its customers, and the sudden surge in supplying home offices during the pandemic made profits for the tech giant soar. Apple’s 154,000 employees enjoy good salaries and benefits in what is considered one of the best companies to work for in the world. The biggest danger to Apple is anti-monopoly legislation as it continuously strives to corner the market on smartphones, apps, computers, smart watches, digital music and even Oscar-winning films.

5. Sinopec Group

2021 revenues: $283.7 billion

China’s second-largest oil company has seen profits returning with increased demand from factories and freight operators, but their future objectives involve pivoting to greener energy. Sinopec reportedly plans to become China’s largest supplier of hydrogen as a transportation fuel by 2025, which means a whole new subsidiary’s worth of jobs in addition to the over half a million workers they already employ.

4. China National Petroleum

2021 revenues: $284 billion

The world’s largest oil and gas company operates in 30 countries, including several strategic and cooperative alliances for drilling, operations and supply chains. The international fuel giant employs over 1.2 million workers, with abundant career opportunities in STEM roles. The company will also abide by the Chinese government’s goals to drastically reduce carbon emissions, with plans to shift more of its business to natural gas in the coming years.

3. Amazon

2021 revenues: $386.1 billion

Just as its founder, Jeff Bezos, became the richest person in the world, the pandemic hit, and his e-retail empire surged in sales and subsequent profits. Although the entrepreneurial icon stepped away from Amazon’s day-to-day operations in 2021, the company continues to capitalize on multiple fronts.

A price hike on Amazon’s Prime delivery and on-demand entertainment business, coupled with the climb to over 200 million subscribers worldwide, contributes heavily to the company’s profitability.

In response to criticism of work conditions at its distribution warehouses, Amazon has increased wages and benefits for employees, and remains a powerhouse employer with nearly 1.5 million workers worldwide.

2. State Grid Corporation of China

2021 revenues: $386.6 billion

China’s state-owned electric utility provider, State Grid Corporation of China (SGCC) has faced the same devastating combo of pandemic-related profit loss and government pressure for reduced carbon emissions. Despite the difficulties, SGCC still has substantial profits from serving over a billion utility customers in China as well as stakes in international utilities including the Philippines, Australia, Italy and Brazil. The company’s commitment to pursue cleaner energy means a future increase in environmental jobs in addition to the 896,360 workers already employed.

1. Walmart

2021 revenues: $559.2 billion

More than half of Walmart’s 2.3 million employees work at its 5,342 retail and discount superstores in the US. The rest of its staff are based at their international locations in over 20 countries, including 400 retail outlets each in Canada and China.

Founder Sam Walton believed good service and lower prices could help improve people’s lives, and that mission has expanded most notably with the powerful company negotiating affordable drug prices for its customers. With revenues still miles ahead of the runner-up of this list, Amazon, Walmart looks to preserve its lead by investing further in store technology, grocery delivery and its online store.

Final thoughts

As you can see, the biggest companies in the world span several industries, including oil and gas, banking, and automotive. Unsurprisingly, Chinese businesses take up several slots on the list, but the US retail giant Walmart continues to reign supreme in a combination of profits, assets and employment opportunities.

Jobseekers should consider the multiple benefits of working for large companies, including job stability, career development possibilities, and the ability to work internationally.

Have you worked for any of these leading companies? Share your experiences in the comment section below!

This article is an updated version of an earlier article originally published on 31 October 2017.

The Biggest Companies in the World in 2022

View the high-resolution of the infographic by clicking here.

This year has been shaped by uncomfortable macroeconomic headwinds.

Trillions of dollars were erased in public company market capitalizations, investor confidence waned, and cost pressures squeezed consumer pocketbooks.

Taken together, many of the world’s largest companies experienced sharp declines in market share. Still, a few companies in key sectors had positive growth over the year.

As 2022 comes to a close, the above infographic shows the biggest companies in the world, using data from Companiesmarketcap.com.

The World’s Largest Public Companies in 2022

Today, Apple stands as the world’s most valuable company, towering at a $2.3 trillion valuation.

Despite the tech downturn of 2022—driven by rising interest rates and slower sales—Apple maintained its top spot. This was largely thanks to record revenues and healthy consumer demand for iPhones, which drive about half of its total revenue.

Following Apple is Microsoft. Unlike Apple, Microsoft has faced slower earnings over the year due to lower demand for personal computers and the weighing impact of a strong U.S. dollar. Overall, about 50% of the company’s sales take place overseas.

As we show below, there are now only four companies left in the trillion dollar market cap club.

*As of Dec 12, 2022.

Oil giant Saudi Aramco is the third largest publicly-traded company globally, at $1.8 trillion. It’s also the only non-U.S. company in the top 10.

In May, the state-run company briefly became the most valuable company on the planet as soaring energy prices boosted earnings. Saudia Arabia is the largest exporter of oil in the world, and the country’s economy is forecast to grow 7.6% in 2022—one of the fastest globally.

Overall, 62 companies of the 100 largest are headquartered in the U.S., 11 are based in China, and five are located in France.

Top 10 Performance in 2022

For many of the world’s largest companies, 2022 was a brutal year for performance.

As the above graphic shows, the vast majority of the world’s titans saw their market values decline. Half of these companies saw double-digit drops.

Tesla has witnessed nearly 70% of its market cap being erased this year. Two main factors are behind this drop: falling demand, especially in China, and CEO Elon Musk’s volatile and risky acquisition of Twitter.

On the other hand, UnitedHealth Group has seen the strongest performance among the top 10.

The company, which rakes in a large share of its earnings from employer-backed insurance plans, said that recessionary impacts had not yet begun materializing in 2022.

Biggest Companies in the World, by Sector

Even with sinking market values across the sector in 2022, tech remains dominant.

Among the world’s biggest companies, 20 are in tech, spanning a combined market value of $9.2 trillion. For perspective, that’s about 31% of the market value of the 100 largest companies.

Companies are classified according to the FTSE Russell Industry Classification Benchmark. *As of Dec 12, 2022.

Consumer discretionary and health care sectors fall next in line, with big players such as Amazon and Johnson & Johnson among their ranks.

At the other end of the spectrum is utilities, the smallest sector overall at least pertaining to the largest companies list. NextEra Energy, the sole utilities company among the rankings is one of the world’s largest developers of wind and solar energy. Over the next three years, it plans to invest up to $95 billion in greening its power operations.

Change of Fortune

It comes as no surprise that many of the biggest companies in the world are long-established players in global markets.

Yet within the rankings, some of the notable risers compared to 2021 are UnitedHealth Group, which launched from #19 in 2021 to #8 this year and NVIDIA which has climbed to become the 11th largest company globally, up from #24 last year.

By contrast, some of the biggest losers are Meta (Facebook’s parent company) and Alibaba. Meta has fallen across the rankings to #26 in 2022 from #6 in 2021. Meanwhile, Alibaba was once the ninth largest globally but has tumbled to #36. Both companies have seen considerable value wiped from their market caps—roughly 66% and 28%, respectively​​—amid lagging earnings.

With the year coming to a close, it remains to be seen whether the world’s biggest companies stage a comeback in 2023, or face more challenging conditions ahead.

Biggest Companies in the World by Revenue

Want to know what is the world’s biggest company in 2023 by revenue? The world’s largest companies represent relatively new, fast-growing industries. While each of these companies has seen changes in their businesses as a result of the COVID-19 pandemic, some have continued to flourish due to their unique advantages. Walmart has been the world’s largest revenue generating company for the past several years. Here we have compiled a list of the top 10 biggest companies in the world in 2023 by revenue. Let’s see!

10. CVS Health – $292 billion

CVS Health Corporation is an American health solutions company that owns CVS Pharmacy, a retail pharmacy chain. The company is headquartered in Woonsocket, Rhode Island. CVS Health is ranked fourth on the Fortune 500 list and seventh on the Fortune Global 500 list. By revenue, it is the tenth largest company in the world with a revenue of over $292 billion.

Consumer Value Stores (CVS) was founded in 1963 by three partners. who grew the venture out of the parent company, Marc Stevens, Inc., which helped retailers manage their health and beauty aid product lines. The business began as a chain of health and beauty aid stores, but within several years, pharmacies were added.

• Country: United States
• Headquarters: 1 CVS Drive, Woonsocket, Rhode Island
• Employees: 258,500
• Market Cap: $125.4 billion
• Revenue: $292.1 billion

09. China State Construction – $293 billion

China State Construction Engineering Corporation (CSCEC) is the world’s largest construction company by revenue. While most of CSCEC’s assets were floated on the stock exchange as China State Construction Engineering Corporation Limited (CSCECL), CSCEC retained some assets such as schools and hospitals, as well as a stake in China Construction International Corporation, which was not able to Was.

CSCEC has many branches or subsidiaries. It is divided into five main divisions and twelve traditional core business areas, including the group’s eight engineering offices and four design institutes, as well as its own national research laboratory. The group’s main business units are planning and design, project development, equipment leasing, trading, construction and facilities management.

Its subsidiary and listed company, China State Construction Engineering Corporation Limited, was established in 2007. It was listed on the Shanghai Stock Exchange in 2009 at its IPO price of RMB$4.18 per share. The stock closed at RMB$6.53 on the first trading day, up 56% from its IPO price. China State Construction Engineering Corporation is one of the top 10 biggest companies in the world in 2023.

• Country: China
• Headquarters: Beijing, People’s Republic of China
• Employees: 368,327
• Market Cap: $34.2 billion
• Revenue: $293.7 billion

08. Volkswagen Group – $295 billion

Volkswagen Group is a German multinational automotive manufacturing corporation. It is headquartered in Wolfsburg, Lower Saxony, Germany and is owned by Porsche SE. It designs, manufactures and distributes passenger and commercial vehicles, motorcycles, engines and turbomachinery. In 2016, it was the world’s largest automaker by sales, overtaking Toyota, and retained the title in 2020, selling over 10 million vehicles.

It ranks eighth in the list of top 10 biggest companies in the world in 2023 by revenue. Volkswagen also has two major joint ventures in China, FAW-Volkswagen and SAIC Volkswagen. The company has operations in approximately 150 countries, and has over 100 production facilities in 27 countries.

• Country: Germany
• Headquarters: Wolfsburg
• Employees: 662,575
• Market Cap: $84.7 billion
• Revenue: $295.8 billion

07. Apple – $365 billion

Apple Inc. is an American multinational technology company headquartered in Cupertino, California, United States. Apple is the world’s largest technology company by revenue and the largest by market capitalization, the fourth largest personal computer vendor by unit sales, and the second largest mobile phone manufacturer. It is one of the Big Five American information technology companies, along with Alphabet, Amazon, Meta and Microsoft.

Furthermore, in August 2018, Apple became the first publicly traded US company to be valued at over $1 trillion. Two years later, it became the first company to exceed $2 trillion, and in January 2022 the first to exceed $3 trillion. Also, the company enjoys a high degree of brand loyalty, and is ranked as the world’s most valuable brand. Apple is one of the top 10 biggest companies in the world by revenue

• Country: United States
• Headquarters: 1 Apple Park Way Cupertino, California
• Employees: 154,000
• Market Cap: $2.1 trillion (1st)
• Revenue: $365.8

06. Saudi Aramco – $400 billion

Saudi Aramco is one of the world’s biggest companies by revenue. It is a Saudi Arabian public petroleum and natural gas company based in Dhahran. Saudi Aramco has the world’s second largest proven crude oil reserves, at over 270 billion barrels (43 billion cubic metres), and the largest daily oil production of all oil producing companies.

It is the largest contributor to global carbon emissions of any company in the world since 1965. On 11 May 2022, Saudi Aramco became the world’s largest (most valuable) company by market cap, surpassing Apple Inc. left behind.

On 11 December 2019, the company’s shares began trading on the Tadawul Stock Exchange. Shares rose to 35.2 Saudi riyals, taking its market capitalization to nearly US$1.88 trillion, and crossed the US$2 trillion mark on its second day of trading. In the 2020 Forbes Global 2000, Saudi Aramco was ranked as the world’s 5th largest public company.

• Country: Saudi Arabia
• Headquarters: Dhahran
• Employees: 68,493
• Market Cap: $1.8 trillion
• Revenue: $400.3 billion

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05. Sinopec Group – $401 billion

China Petrochemical Corporation or Sinopec Group is the world’s largest oil refining, gas and petrochemical conglomerate, administered by SASAC for the State Council of the People’s Republic of China. Its headquarters are in Chaoyangmenwai in Beijing, across the street from the headquarters of state-owned oil company and competitor CNOOC Group. It is listed in Hong Kong and also traded in Shanghai and New York.

Sinopec Group ranked second on the Fortune Global 500 list in 2020 with revenue of over US$407 billion. In the 2020 Forbes Global 2000, Sinopec was ranked as the world’s 60th largest public company. Sinopec is the fifth largest company in the world by revenue in 2023.

• Country: China
• Headquarters: Beijing
• Employees: 542,286
• Market Cap: $72.9 billion
• Revenue: $401.3 billion

04. China National Petroleum – $411 billion

China National Petroleum Corporation (CNPC) is a major national oil and gas corporation of China and one of the world’s largest integrated energy conglomerates. It is headquartered in Dongcheng District, Beijing. CNPC was ranked fourth on the 2020 Fortune Global 500, a global ranking of the largest corporations by revenue.

CNPC ranks third among the top 10 biggest companies in the world in 2023 by revenue. China National Petroleum Corporation is the state-owned parent company of the publicly listed PetroChina. It was created on 5 November 1999 as part of the reorganisation of CNPC.

• Country: China
• Headquarters: Beijing
• Employees: 1,090,345
• Market Cap: $128.2 billion
• Revenue: $411.6 billion

03. State Grid – $460 billion

The State Grid Corporation of China (SGCC) is a Chinese state-owned electric utility corporation. It is the world’s largest utility company, and as of 2023, the world’s third largest by revenue, behind Walmart and Amazon. State Grid Corporation of China was established on December 29, 2002. It was reported to have 871,145 employees, 1.1 billion customers and a revenue equivalent of US$460 billion in 2023.

After the power plant-grid separation reform in early 2002, the State Electric Power Corporation’s assets were divided into five power generation groups, maintaining power plants belonging to the State Grid Corporation of China in Beijing and five regional subsidiaries. Were.

• Country: China
• Headquarters: Beijing
• Employees: 871,145
• Profit: $18.0 billion
• Revenue: $460.6 billion

02. Amazon – $469 billion

Jeff Bezos founded Amazon on July 5, 1994, out of his garage in Bellevue, Washington. It began as an online marketplace for books, but has expanded to sell electronics, software, video games, apparel, furniture, food, toys, and jewellery. It is the world’s largest online retailer and marketplace, provider of smart speakers, cloud computing service through AWS, live-streaming service through Twitch, and Internet company by revenue and market share. In 2021, it will overtake Walmart as the world’s largest retailer outside China, driven in large part by its paid subscription plan, Amazon Prime, which has more than 200 million customers worldwide. It is the second largest private employer in the United States.

Amazon is an American multinational technology company headquartered in Washington, United States. It collaborates with Google, Apple, Microsoft and Facebook in the US. It is one of the top five companies in the information technology industry. Amazon is the second largest company in the world by revenue in 2023.

• Country: United States
• Headquarters: Washington
• Employees: 1.6 million
• Market Cap: $896.3 billion
• Revenue: $469.8 billion

01. Walmart – $572 billion

Walmart is the biggest company in the world in 2023 by revenue, with annual revenue of approximately US$572 billion. Walmart is also the world’s largest private employer with 2.3 million employees. It is a publicly traded family-owned business, as the company is controlled by the Walton family. Sam Walton’s heirs own more than 50 percent of Walmart through both their holding company, Walton Enterprises, and their personal holdings.

Walmart is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores from the United States. Its headquarters are in Bentonville, Arkansas. The company was founded by Sam Walton in 1962 in nearby Rogers, Arkansas and was incorporated under Delaware General Corporation Law on October 31, 1969. Walmart has 10,526 stores and clubs in 24 countries, operating under 48 different names. Walmart was the largest grocery retailer in the United States in 2019, and 65 percent of Walmart’s US$510.329 billion in sales came from US operations.

• Country: U.S.
• Headquarters: Bentonville, Ark.
• Employees: 2.3 million
• Market Cap: $384.9 billion
• Revenue: $572.7 billion