The World’s Largest Companies (By Revenue)

Ever wondered about the largest companies driving global economies?

We’re diving into the top 10 biggest companies in the world across various industries, shedding light on their revenue, market cap, and what makes them stand out.

➤ Biggest Companies in the World

1️⃣ Walmart Inc. (WMT)

  • Revenue (TTM): $600.11 billion
  • Net Income (TTM): $8.97 billion
  • Market Cap: $390.66 billion
  • 1-Year Trailing Total Return: 1.75%
  • Exchange: New York Stock Exchange

Founded in 1962, Walmart has grown into one of the world’s largest retailers. From clothing to automotive equipment it sells a wide variety of merchandise in stores and online.

2️⃣ Amazon.com Inc. (AMZN)

  • Revenue (TTM): $502.19 billion
  • Net Income (TTM): $11.32 billion
  • Market Cap: $916.82 billion
  • 1-Year Trailing Total Return: -44.35%
  • Exchange: NASDAQ

Amazon started as an online bookseller and has expanded to virtually every retail category. They own subsidiaries like Whole Foods and home security company Ring, while also excelling in cloud computing and entertainment.

3️⃣ China Petroleum & Chemical Corp. (SNPMF)

  • Revenue (TTM): $486.84 billion
  • Net Income (TTM): $10.47 billion
  • Market Cap: $60.32 billion
  • 1-Year Trailing Total Return: 19.61%
  • Exchange: OTC Markets

China Petroleum & Chemical produces gasoline, diesel, and more. It’s among the largest oil refining and gas companies in the world, administered by the State Council of China.

4️⃣ PetroChina Co. Ltd. (PCCYF)

  • Revenue (TTM): $486.40 billion
  • Net Income (TTM): $20.89 billion
  • Market Cap: $82.73 billion
  • 1-Year Trailing Total Return: 15.24%
  • Exchange: OTC Markets

PetroChina explores oil, manufactures petrochemical products, and is the listed branch of China National Petroleum Corporation.

5️⃣ Apple Inc. (AAPL)

  • Revenue (TTM): $394.33 billion
  • Net Income (TTM): $99.80 billion
  • Market Cap: $2.08 trillion
  • 1-Year Trailing Total Return: -23.64%
  • Exchange: NASDAQ

Apple designs smartphones, computers, and more. Known for its iPhone line and innovative services like Apple+.

6️⃣ Exxon Mobil Corp. (XOM)

  • Revenue (TTM): $386.82 billion
  • Net Income (TTM): $51.86 billion
  • Market Cap: $453.38 billion
  • 1-Year Trailing Total Return: 67.12%
  • Exchange: New York Stock Exchange
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ExxonMobil explores and markets oil and gas worldwide. You might spot their stations with different names globally!

7️⃣ Shell PLC (SHEL)

  • Revenue (TTM): $365.29 billion
  • Net Income (TTM): $43.36 billion
  • Market Cap: $204.03 billion
  • 1-Year Trailing Total Return: 27.58%
  • Exchange: New York Stock Exchange

Royal Dutch Shell refines petroleum, sells fuels, and operates globally. They’re also into chemicals!

8️⃣ CVS Health Corp. (CVS)

  • Revenue (TTM): $315.23 billion
  • Net Income (TTM): $3.15 billion
  • Market Cap: $119.11 billion
  • 1-Year Trailing Total Return: -11.75%
  • Exchange: New York Stock Exchange

CVS is an integrated pharmacy providing various healthcare services, including drugstores and pharmacy benefits.

9️⃣ UnitedHealth Group Inc. (UNH)

  • Revenue (TTM): $313.13 billion
  • Net Income (TTM): $19.43 billion
  • Market Cap: $454.09 billion
  • 1-Year Trailing Total Return: 5.87%
  • Exchange: New York Stock Exchange

UnitedHealth offers managed healthcare insurance policies and services globally.

🔟 Volkswagen AG (VWAGY)

  • Revenue (TTM): $288.45 billion
  • Net Income (TTM): $18.47 billion
  • Market Cap: $85.85 billion
  • 1-Year Trailing Total Return: -35.01%
  • Exchange: OTC

Volkswagen builds luxury and economy cars, including the premier brand Audi.

➤ FAQ

Largest companies by market cap

It’s no surprise that the companies leading in market capitalization differ from those dominating in revenue. As of June 23, 2023, here’s a glimpse into the top 10 companies by their market caps:

  1. Apple: $2.95 trillion
  2. Microsoft: $2.52 trillion
  3. Saudi Aramco: $2.09 trillion
  4. Alphabet: $1.59 trillion
  5. Amazon: $1.33 trillion
  6. NVIDIA: $1.06 trillion
  7. Tesla: $813.2 billion
  8. Meta Platforms: $739.9 billion
  9. Berkshire Hathaway: $736.8 billion
  10. TSMC (Taiwan Semiconductor): $528.5 billion

America’s favorite brands

According to a recent YouGov poll in June 2023, America’s most popular brands shine bright:

  • M&M’s
  • Band-Aid
  • Ziploc
  • Dawn
  • Reese’s
  • Reese’s Peanut Butter Cup
  • Kleenex
  • Dairy Queen
  • Bounty
  • Duracell

Most valuable companies in history

Reflecting on the most valuable companies of all time, the top three hailed from the global shipping and trading boom of the 17th and 18th centuries, now extinct. However, in 2019, the list was predominantly populated by American big tech and internet names:

  • Dutch East India Company
  • Mississippi Company
  • South Sea Company
  • Saudi Aramco
  • Apple
  • PetroChina
  • Microsoft
  • Standard Oil
  • Alphabet
  • Amazon

➤ Final Thoughts

The largest companies globally, ranked by revenue, span diverse industries—from burgeoning sectors like e-commerce and technology to established ones such as oil and retail.

Despite their industry differences, each company stands as a formidable leader, wielding significant influence within its domain

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Pavlos Written by:

Hey — It’s Pavlos. Just another human sharing my thoughts on all things money. Nothing more, nothing less.