Fortune Global 500 Wikipedia

Time will tell if these high flyers can stay in the top positions and which industries emerge to challenge these coveted positions. ExxonMobil is a multinational oil and gas corporation headquartered in Texas. It explores for oil and gas or markets its products, or both, in most of the world’s countries.

  1. This Financial Times–based list is up to date as of December 31, 2015[update].
  2. French luxury retailer LVMH, which in May 2023 became the first European company to surpass a market value of $500 billion, is also among the world’s most valuable companies.
  3. The Fortune Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue.

We add the caveat that two other companies that otherwise would be added to this list are Saudi Aramco, the Saudi state oil company; and State Grid, the Chinese state-owned electric utility. They were omitted because their stocks are not publicly traded in the U.S. or Canada. These are the 10 biggest companies in the world by 12-month trailing (TTM) revenue, and they represent a striking diversity of industries. This list is limited to companies that are publicly traded in the U.S. or Canada, either directly or through American Depositary Receipts (ADRs). Although US-based firms dominate the top 20, the world is well represented.

Biggest Companies in the World by Market Cap

Its gasoline stations are a familiar sight to drivers worldwide, although the brand names they display may be ExxonMobil, Esso, Exxon, or Mobil depending on the locale. ExxonMobil’s corporate name reflects the 1999 merger that combined two giants of the industry. Founded in 1962, Walmart has since grown into one of the world’s largest retailers. The company operates discount stores, supercenters, neighborhood markets, as well as a robust online platform. Walmart sells a wide variety of merchandise including clothing and apparel, home goods, books, jewelry, food and beverage, pharmaceutical supplies, and automotive equipment.

Largest Companies In The World

Trading OTC stocks often carries higher trading costs than trading stocks on exchanges. This Financial Times–based list is up paxful review to date as of December 31, 2014[update]. This Financial Times–based list is up to date as of December 31, 2015[update].

Fortune Global 500 list of 2017

This Financial Times–based list is up to date as of December 31, 2016[update]. This Financial Times–based list is up to date as of December 31, 2017[update]. This Financial Times–based list is up to date as of December 31, 2018[update]. oanda review This Financial Times–based list is up to date as of December 31, 2019[update]. † The Global 500 includes Unilever under the heading “Britain/Netherlands”, as the company is counted in the tally for both countries.

Tesla, which makes electric vehicles, began 2022 as the world’s fifth biggest company by market capitalization, and ended the year in 11th place after CEO Elon Musk’s decision to acquire Twitter. By contrast, Microsoft built itself into one of the world’s largest companies with a focus on steady recurring revenue streams. You might not need a new smartphone or laptop every year, but a software license, Cloud-computing package or videogame subscription, means ongoing payments—and client stickiness. While many people are interested in ranking companies by market value or market cap, the top companies by revenue differ somewhat. This could be because they are more capital-intensive and have lower profit margins.

Meta Platforms (META)

It also caters to health markets, including treatments for COVID-19, male sexual dysfunction, and osteoporosis in menopausal women. The company’s has been developing and manufacturing its Cybertruck and Tesla Semi, a commercial EV. Tesla also produces solar panels, provides solar energy generation, and supplies energy storage fxdd review products. The German company builds, sells, and repairs both luxury and economy cars, sports cars, trucks, and other commercial vehicles. Walmart is the world’s largest employer, with over 2.1 million global workers. Berkshire Hathaway (BRK.A/BRK.B) began with the merger of two regional textile companies in the 19th century.

In short, these are companies that deliver for customers and investors; they grow. Meta Platforms (META) is the owner of Facebook, the world’s largest social media network. Microsoft (MSFT) is a global developer and licenser 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. The company is gaining more of its profits and revenue from cloud computing services, for which it is a market leader. Microsoft has also made a big play in AI, integrating it into its search and Office products.

Eli Lilly and Company (LIL) is one of the world’s leading pharmaceutical companies. Usually called just Lilly, the company is based in Indianapolis, Indiana. It researches, develops, manufactures, and markets human pharmaceuticals for the global market. Meta is also investing in and building the metaverse, an expansive virtual world that combines aspects of social media, online gaming, augmented reality (AR), VR, and cryptocurrencies.

Apple designs, manufactures, and markets a broad range of consumer technology products, including smartphones, personal computers, tablets, wearable devices, home entertainment devices, and more. Among the company’s most popular products are its iPhone line of smartphones and Mac line of computers. The entities listed here are not just the world’s largest companies, they are also many of the world’s most admired companies. But they are not admired because they are the largest, but for their diverse range of offerings, technology innovation, historic past, wise management, customer or investor services.

In addition to Saudi Aramco as second largest company overall, and Novo Nordisk in healthcare, Taiwan Semiconductor Manufacturing (TSMC) comes in strong with a market value of $530 billion. French luxury retailer LVMH, which in May 2023 became the first European company to surpass a market value of $500 billion, is also among the world’s most valuable companies. Until 1989, it listed only non–United States industrial corporations under the title “International 500” while the Fortune 500 contained and still contains exclusively United States corporations.

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