List of largest companies by revenue

This list comprises the world's largest companies by consolidated revenue, according to the Fortune Global 500 2024 rankings and other sources.[2] American retail corporation Walmart has been the world's largest company by revenue since 2014.[1] The list is limited to the largest 50 companies, all of which have annual revenues exceeding US$130 billion. This list is incomplete, as not all companies disclose their information to the media or general public.[3] Out of 50 largest companies 23 are American, 17 Asian and 10 European.[2]

Walmart has been the world's largest company by revenue since 2014.[1]

List

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Information in the list relates to the most recent fiscal year (mostly FY 2023 or 2024).

Rank Ram Industry Revenue Profit Employees Headquarters[note 1] State-owned Ref.
USD millions
1 Walmart Retail   $648,125 $15,511 2,100,000   United States   [1]
2 Amazon Retail
information technology
  $574,785 $30,425 1,525,000   United States   [4]
3 State Grid Corporation of China Electricity   $545,948 $9,204 1,361,423   China   [5]
4 Saudi Aramco Oil and gas   $494,890 $129,699 73,311   Saudi Arabia   [6]
5 China Petrochemical Corporation Oil and gas   $429,700 $9,393 513,434   China   [7]
6 China National Petroleum Corporation Oil and gas   $476,000 $25,250 1,026,301   China   [8]
7 Vitol Commodities   $400,000 $13,000 1,560   Switzerland   [9][10]
8 Apple Information technology   $383,285 $96,995 161,000   United States   [11]
9 UnitedHealth Group Healthcare   $371,622 $22,381 440,000   United States   [12]
10 Berkshire Hathaway Financials   $364,482 $96,223 396,500   United States   [13]
11 CVS Health Healthcare   $357,776 $8,344 259,500   United States   [14]
12 Volkswagen Group Automotive   $348,408 $17,945 684,025   Germany   [15]
13 ExxonMobil Oil and gas   $344,582 $36,010 61,500   United States   [16]
14 Shell Oil and gas   $323,183 $19,359 103,000   United Kingdom   [17]
15 China State Construction Engineering Construction   $320,431 $4,272 382,894   China   [18]
16 Toyota Automotive   $312,018 $34,214 380,793   Japan   [19]
17 McKesson Healthcare   $308,951 $3,002 48,000   United States   [20]
18 Alphabet Information technology   $307,394 $73,795 182,502   United States   [21]
19 Cencora Healthcare   $262,173 $1,745 44,000   United States   [22]
20 Microsoft Information technology   $245,122 $88,136 228,000   United States   [23]
21 Trafigura Commodities   $244,280 $7,393 12,479   Singapore   [24]
22 Costco Retail   $242,290 $6,292 316,000   United States   [25]
23 JPMorgan Chase Financials   $239,425 $49,552 309,926   United States   [26]
24 Industrial and Commercial Bank of China Financials   $222,484 $51,417 419,252   China   [27]
25 TotalEnergies Oil and gas   $218,945 $21,384 102,579   France   [28]
26 Glencore Commodities   $217,829 $4,280 83,426   Switzerland   [29]
27 BP Oil and gas   $213,032 $15,239 79,400   United Kingdom   [30]
28 Cardinal Health Healthcare   $205,012 $261 47,520   United States   [31]
29 Stellantis Automotive   $204,908 $20,103 258,275   Netherlands   [32]
30 Chevron Oil and gas   $200,949 $21,369 45,600   United States   [33]
31 China Construction Bank Financials   $199,826 $46,990 376,871   China   [34]
32 Samsung Electronics Electronics   $198,257 $11,082 267,860   South Korea   [35]
33 Foxconn Electronics   $197,876 $4,563 621,393   Taiwan   [36]
34 Cigna Healthcare   $195,265 $5,164 71,413   United States   [37]
35 Agricultural Bank of China Financials   $192,398 $38,049 451,003   China   [38]
36 Schwarz Gruppe Retail   $180,576 $16,988 575,000   Germany   [39]
37 China Railway Engineering Corporation Construction   $178,563 $2,152 314,149   China   [40]
38 Cargill Conglomerate   $177,000 $17,641 160,000   United States   [41]
39 Ford Motor Company Automotive   $176,191 $4,347 177,000   United States   [42]
40 Bank of China Financials   $172,328 $32,758 306,931   China   [43]
41 Bank of America Financials   $171,912 $26,515 212,985   United States   [44]
42 General Motors Automotive   $171,842 $10,127 163,000   United States   [45]
43 Elevance Health Healthcare   $171,340 $5,987 104,900   United States   [46]
44 BMW Group Automotive   $168,103 $12,205 154,950   Germany   [47]
45 Tata Group Conglomerate   $165,500 $12,205 1,028,000   India   [48]
46 Mercedes-Benz Group Automotive   $165,638 $15,417 166,056   Germany   [49]
47 China Railway Construction Corporation Construction   $160,847 $1,701 336,433   China   [50]
48 Baowu Steel   $157,216 $2,494 258,697   China   [51]
49 Citigroup Financials   $156,820 $9,228 237,925   United States   [52]
50 Centene Corporation Healthcare   $153,999 $2,702 67,700   United States   [53]

By country

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Breakdown by country
Rank Country Companies
1   United States of America 23
2   China 11
3   Germany 4
4   United Kingdom 2
4    Switzerland 2
6   Japan 1
6   France 1
6   India 1
6   Netherlands 1
6   South Korea 1
6   Saudi Arabia 1
6   Singapore 1
6   Taiwan 1

See also

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Explanatory notes

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  1. ^ As reported by source.

References

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  1. ^ a b c "Walmart". Fortune. Retrieved 20 June 2022.
  2. ^ a b "Global 500". Fortune. Retrieved 2022-08-25.
  3. ^ "Methodology for Global 500". Fortune. Retrieved 20 June 2022.
  4. ^ "Amazon 2023 10-K" (PDF). amazon.com. Amazon. 2024-02-01. Retrieved 2024-02-12.
  5. ^ "State Grid". Fortune. Retrieved 20 June 2022.
  6. ^ "Saudi Aramco". Fortune. Retrieved 20 June 2022.
  7. ^ "Sinopec Group". Fortune. Retrieved 20 June 2022.
  8. ^ "China National Petroleum". Fortune. Retrieved 20 June 2022.
  9. ^ Lock, Antonia (2024-03-26). "Vitol 2023 volumes and review". Vitol.com. Retrieved 2024-08-19.
  10. ^ "Vitol Earned $13 Billion in Second Year of Blowout Profits". www.bloomberg.com. Retrieved 2024-08-19.
  11. ^ "Apple". Fortune. Retrieved 2024-12-04.
  12. ^ "UnitedHealth Group". Fortune. Retrieved 20 June 2022.
  13. ^ "Berkshire Hathaway". Fortune. Retrieved 20 June 2022.
  14. ^ "CVS Health". Fortune. Retrieved 20 June 2022.
  15. ^ "Volkswagen". Fortune. Retrieved 20 June 2022.
  16. ^ "Exxon Mobil". Fortune. Retrieved 20 June 2022.
  17. ^ "Shell". Fortune. Retrieved 20 June 2022.
  18. ^ "China State Construction Engineering". Fortune. Retrieved 20 June 2022.
  19. ^ "Toyota Motor". Fortune. Retrieved 20 June 2022.
  20. ^ "McKesson". Fortune. Retrieved 20 June 2022.
  21. ^ "Alphabet". Fortune. Retrieved 20 June 2022.
  22. ^ "AmerisourceBergen". Fortune. Retrieved 20 June 2022.
  23. ^ "FY24 Q4 - Press Releases - Investor Relations - Microsoft". www.microsoft.com. Retrieved 2024-09-15.
  24. ^ "Trafigura Group". Fortune. Retrieved 20 June 2022.
  25. ^ "Costco Wholesale". Fortune. Retrieved 20 June 2022.
  26. ^ "JPMorgan Chase". Fortune. Retrieved 2024-08-19.
  27. ^ "Industrial & Commercial Bank of China". Fortune. Retrieved 20 June 2022.
  28. ^ "Total Company Profile, News, Rankings". Fortune. Retrieved 25 August 2022.
  29. ^ "Glencore". Fortune. Retrieved 20 June 2022.
  30. ^ "BP". Fortune. Retrieved 20 June 2022.
  31. ^ "Cardinal Health". Fortune. Retrieved 20 June 2022.
  32. ^ "Stellantis | 2022 Global 500". Fortune. Retrieved 2022-08-26.
  33. ^ "Chevron | 2022 Global 500". Fortune. Retrieved 2022-08-26.
  34. ^ "China Construction Bank". Fortune. Retrieved 20 June 2022.
  35. ^ "Samsung Electronics". Fortune. Retrieved 20 June 2022.
  36. ^ "Hon Hai Precision Industry". Fortune. Retrieved 20 June 2022.
  37. ^ "Cigna". Fortune. Retrieved 20 June 2022.
  38. ^ "Agricultural Bank of China". Fortune. Retrieved 20 June 2022.
  39. ^ "Schwarz Group". gruppe.schwarz. Retrieved 2024-08-19.
  40. ^ "China Railway Engineering Group". Fortune. Retrieved 20 June 2022.
  41. ^ Murphy, Andrea. "America's Largest Private Companies 2022". Forbes. Retrieved 2023-08-04.
  42. ^ "Ford Motor". Fortune. Retrieved 20 June 2022.
  43. ^ "Bank of China". Fortune. Retrieved 2024-08-19.
  44. ^ "Bank of America". Fortune. Retrieved 2024-08-19.
  45. ^ "General Motors". Fortune. Retrieved 2024-08-19.
  46. ^ "Elevance Health". Fortune. Retrieved 2024-08-19.
  47. ^ "BMW Group". Fortune. Retrieved 2024-08-19.
  48. ^ "Tata Group". Fortune. Retrieved 2024-08-19.
  49. ^ "Mercedes-Benz Group". Fortune. Retrieved 2024-08-19.
  50. ^ "China Railway Construction". Fortune. Retrieved 20 June 2022.
  51. ^ "China Baowu Steel Group | 2022 Global 500". Fortune. Retrieved 2022-08-26.
  52. ^ "Ping An Insurance". Fortune. Retrieved 20 June 2022.
  53. ^ "Marathon Petroleum | 2022 Global 500". Fortune. Retrieved 2022-08-26.
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