Fortune Global 500

Annual ranking of corporations From Wikipedia, the free encyclopedia

The Fortune Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by Fortune magazine.

Methodology

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. In 1990, United States companies were added to compile a truly global list of top industrial corporations as ranked by sales. Since 1995, the list has had its current form, listing also top financial corporations and service providers by revenue.

Several inconsistencies exist in Fortune's ranking of cities with the most Fortune 500 headquarters. On June 3, 2011, the Atlanta Business Chronicle stated examples of Fortune including regional headquarters for some cities, excluding regional headquarters for other cities and in some cases excluding headquarters that are physically located inside a city limit.[1]

Geographical distribution

Since 2001, there has been significant change in the geographical distribution of the companies in the Global 500 rankings. Most of this growth is accounted for by a rapid increase in the number of Chinese Global 500 companies, of which there were 135 by 2021, increasing from only 10 in 2001. The share of European-based companies declined, from 158 to 143, over the same period.[2][3][4]

Fortune Global 500 list of 2024

Summarize
Perspective

The following is the list of Top 10 companies in 2024:[5]

More information Rank, Company ...
Fortune Global 500 list of 2024
Rank Company Country Industry Revenue in USD
1 Walmart  United States Retail $648.1 billion
2 Amazon  United States Internet services and retailing $574.8 billion
3 State Grid  China Energy $545.9 billion
4 Saudi Aramco  Saudi Arabia Energy $494.9 billion
5 Sinopec Group  China Petroleum $429.7 billion
6 China National Petroleum  China Petroleum $421.7 billion
7 Apple  United States Technology $383.3 billion
8 UnitedHealth Group  United States Health care $371.6 billion
9 Berkshire Hathaway  United States Financials $364.5 billion
10 CVS Health  United States Health care $357.8 billion
Close

Breakdown by country/territory

These are the Top 10 countries/territories with the highest revenues from the Top 500 companies as of August 2024:[5]

More information Rank, Country ...
Breakdown by country/territory
Rank Country Companies
1  United States139
2  China128
3  Japan40
4  Germany29
5  France24
6  United Kingdom17
7  South Korea15
8  Canada14
9   Switzerland11
10  Netherlands11
Close

Leadership by sector

The following are the top-ranked companies in 2024 for each sector:[5]

Fortune Global 500 list of 2023

Summarize
Perspective

The following is the list of Top 10 companies in 2023:[6]

More information Rank, Company ...
Fortune Global 500 list of 2023
Rank Company Country Industry Revenue in USD
1 Walmart  United States Retail $612.3 billion
2 Saudi Aramco  Saudi Arabia Energy $603.7 billion
3 State Grid  China Energy $530.0 billion
4 Amazon  United States Internet services and retailing $514.0 billion
5 China National Petroleum  China Petroleum $483.1 billion
6 Sinopec Group  China Petroleum $471.2 billion
7 ExxonMobil  United States Petroleum $413.7 billion
8 Apple  United States Technology $394.3 billion
9 Shell  United Kingdom Petroleum $386.2 billion
10 UnitedHealth Group  United States Health care $324.2 billion
Close

Breakdown by country/territory

These are the Top 10 countries/territories with the highest revenues from the Top 500 companies as of August 2023:[6]

More information Rank, Country ...
Breakdown by country/territory
Rank Country Companies
1  United States136
2  China135
3  Japan41
4  Germany30
5  France24
6  South Korea18
7  United Kingdom15
8  Canada14
9   Switzerland11
10  Netherlands10
Close

Breakdown by region

As of August 2023, 28 (6%) of the Fortune Global 500 companies are located outside East Asia, North America, and Europe:[7]

More information Region, Companies ...
Breakdown by region
Region Companies Global share
East Asia208 42%
North America153 31%
Europe118 24%
Rest of world21 4%
Close

Leadership by sector

The following are the top-ranked companies in 2023 for each sector:[6]

Fortune Global 500 list of 2023

Summarize
Perspective

The following is the list of Top 10 companies in 2023:[6]

More information Rank, Company ...
Fortune Global 500 list of 2023
Rank Company Country Industry Revenue in USD
1 Walmart  United States Retail $612.3 billion
2 Saudi Aramco  Saudi Arabia Energy $603.7 billion
3 State Grid  China Energy $530.0 billion
4 Amazon  United States Internet services and retailing $514.0 billion
5 China National Petroleum  China Petroleum $483.1 billion
6 Sinopec Group  China Petroleum $471.2 billion
7 ExxonMobil  United States Petroleum $413.7 billion
8 Apple  United States Technology $394.3 billion
9 Shell  United Kingdom Petroleum $386.2 billion
10 UnitedHealth Group  United States Health care $324.2 billion
Close

Breakdown by country/territory

These are the Top 10 countries/territories with the highest revenues from the Top 500 companies as of August 2023:[6]

More information Rank, Country ...
Breakdown by country/territory
Rank Country Companies
1  United States136
2  China135
3  Japan41
4  Germany30
5  France24
6  South Korea18
7  United Kingdom15
8  Canada14
9   Switzerland11
10  Netherlands10
Close

Breakdown by region

As of August 2023, 28 (6%) of the Fortune Global 500 companies are located outside East Asia, North America, and Europe:[7]

More information Region, Companies ...
Breakdown by region
Region Companies Global share
East Asia208 42%
North America153 31%
Europe118 24%
Rest of world21 4%
Close

Leadership by sector

The following are the top-ranked companies in 2023 for each sector:[6]

Fortune Global 500 list of 2022

Summarize
Perspective

The following is the list of Top 10 companies in 2022:[8]

More information Rank, Company ...
Fortune Global 500 list of 2022
Rank Company Country Industry Revenue in USD
1 Walmart  United States Retail $572.8 billion
2 Amazon  United States Internet Services and Retailing $469.8 billion
3 State Grid  China Energy $460.6 billion
4 China National Petroleum  China Petroleum $411.7 billion
5 Sinopec Group  China Petroleum $401.3 billion
6 Saudi Aramco  Saudi Arabia Energy $400.4 billion
7 Apple  United States Technology $365.8 billion
8 Volkswagen  Germany Automobiles $295.8 billion
9 China State Construction Engineering  China Construction & Engineering $293.7 billion
10 CVS Health  United States Health care $292.1 billion
Close

Breakdown by country

These are the Top 10 countries with the highest revenues from the Top 500 companies as of August 2022:[8]

More information Rank, Country ...
Breakdown by country
Rank Country Companies
1  China145
2  United States124
3  Japan47
4  Germany28
5  France25
6  United Kingdom18
7  South Korea16
8   Switzerland14
9  Canada12
10  Netherlands11
Close

Breakdown by region

As of August 2022, 26 (5%) of the Fortune Global 500 companies are located outside East Asia, North America, and Europe:[8]

More information Region, Companies ...
Breakdown by region
Region Companies Global share
East Asia208 42%
North America138 28%
Europe128 26%
Rest of world26 5%
Close

Leadership by sector

The following are the top-ranked companies in 2022 for each sector:[8]

Fortune Global 500 list of 2021

Summarize
Perspective

The following is the list of Top 10 companies:[9]

More information Rank, Company ...
Fortune Global 500 list of 2021
Rank Company Country Industry Revenue in USD
1 Walmart  United States Retail $559.1 billion
2 State Grid  China Energy $386.6 billion
3 Amazon  United States Internet Services and Retailing $386 billion
4 China National Petroleum  China Petroleum $283.9 billion
5 Sinopec Group  China Petroleum $283.7 billion
6 Apple  United States Technology $274.5 billion
7 CVS Health  United States Health care $268.7 billion
8 UnitedHealth Group  United States Health care $257.1 billion
9 Toyota Motor  Japan Automobiles $256.7 billion
10 Volkswagen  Germany Automobiles $253.9 billion
Close

Breakdown by country

As of August 2021, this is the list of the Top 10 countries with the highest revenues Top 500 companies:[9]

More information Rank, Country ...
Breakdown by country
Rank Country Companies
1  China135
2  United States122
3  Japan53
4  France28
5  Germany27
6  United Kingdom22
7  South Korea15
8   Switzerland13
9  Canada12
10  Netherlands11
Close

Breakdown by region

As of August 2021, just 21 (4%) of the Fortune Global 500 companies are located outside East Asia, North America, and Europe:[9]

More information Region, Companies ...
Breakdown by region
Region Companies Global share
East Asia211 42%
North America136 27%
Europe132 26%
Rest of world21 4%
Close

Fortune Global 500 list of 2020

Summarize
Perspective

The following is the list of Top 10 companies:[10]

More information Rank, Company ...
Fortune Global 500 list of 2020
Rank Company Country Industry Revenue in USD
1 Walmart  United States Retail $524 billion
2 Sinopec Group  China Petroleum $407 billion
3 State Grid  China Energy $384 billion
4 China National Petroleum  China Petroleum $379 billion
5 Royal Dutch Shell  Netherlands /  United Kingdom Petroleum $352 billion
6 Saudi Aramco  Saudi Arabia Energy $330 billion
7 Volkswagen  Germany Automobiles $283 billion
8 BP  United Kingdom Petroleum $283 billion
9 Amazon.com  United States Internet Services and Retailing $281 billion
10 Toyota Motor  Japan Automobiles $275 billion
Close

Breakdown by country

As of August 2020, this is the list of the Top 10 countries with the highest earning Top 500 companies:[10]

More information Rank, Country ...
Breakdown by country
Rank Country Companies
1  China124
2  United States121
3  Japan53
4  France31
5  Germany27
6  United Kingdom 22
7  South Korea14
8   Switzerland14
9  Canada13
10  Netherlands 13
Close

The Global 500 includes Unilever under the heading "Britain/Netherlands", as the company is counted in the tally for both countries.

Leadership by sector

The following are the top-ranked companies in 2020 for each sector:[10]

Breakdown by region

As of August 2020, just 24 (5%) of the Fortune Global 500 companies are located outside East Asia, North America, and Europe:[10]

More information Region, Companies ...
Breakdown by region
Region Companies Global share
East Asia200 40%
Europe138 28%
North America138 28%
Rest of world24 5%
Close

Fortune Global 500 list of 2019

Summarize
Perspective

The following is the list of Top 10 companies:[11]

More information Rank, Company ...
Fortune Global 500 list of 2019
Rank Company Country Industry Revenue in USD
1 Walmart  United States Retail $514 billion
2 Sinopec Group  China Petroleum $415 billion
3 Royal Dutch Shell  Netherlands  United Kingdom Petroleum $397 billion
4 China National Petroleum  China Petroleum $393 billion
5 State Grid  China Energy $387 billion
6 Saudi Aramco  Saudi Arabia Energy $356 billion
7 BP  United Kingdom Petroleum $304 billion
8 Exxon Mobil  United States Petroleum $290 billion
9 Volkswagen  Germany Automobiles $278 billion
10 Toyota Motor  Japan Automobiles $273 billion
Close

Breakdown by country

As of July 2019, this is the list of the Top 10 countries with the most Global 500 companies:[11]

More information Rank, Country ...
Breakdown by country
Rank Country Companies
1  United States121
2  China119
3  Japan52
4  France31
5  Germany29
6  United Kingdom 18
7  South Korea16
8   Switzerland14
9  Canada13
10  Netherlands 12
Close

The Global 500 includes Unilever & Royal Dutch Shell under the heading "Britain/Netherlands", as the company is counted in the tally for both countries.

Leadership by sector

The following are the top-ranked companies in 2019 for each sector:[11]

Fortune Global 500 list of 2018

Summarize
Perspective

The following is the list of Top 10 companies:[12]

More information Rank, Company ...
Fortune Global 500 list of 2018
Rank Company Country Industry Revenue in USD
1 Walmart  United States Retail $500 billion
2 State Grid  China Energy $349 billion
3 Sinopec Group  China Petroleum $327 billion
4 China National Petroleum  China Petroleum $326 billion
5 Royal Dutch Shell  Netherlands  United Kingdom Petroleum $312 billion
6 Toyota Motor  Japan Automobiles $265 billion
7 Volkswagen  Germany Automobiles $260 billion
8 BP  United Kingdom Petroleum $245 billion
9 Exxon Mobil  United States Petroleum $244 billion
10 Berkshire Hathaway  United States Holding $242 billion
Close

Breakdown by country

As of July 2018, this is the list of the Top 10 countries with the most Global 500 companies:[12]

More information Rank, Country ...
Breakdown by country
Rank Country Companies
1  United States126
2  China120
3  Japan52
4  Germany32
5  France28
6  United Kingdom 21
7  South Korea16
8  Netherlands 15
9   Switzerland14
10  Canada12
Close

The Global 500 includes Unilever under the heading "Britain/Netherlands", as the company is counted in the tally for both countries.

As shown in the table above, 436 (87.2%) of the Global 500 are represented by only 10 countries: two in North America (Canada and United States), five in Western Europe (France, Germany, Netherlands, Switzerland and the United Kingdom) and three in East Asia (China, Japan and South Korea). Moreover, the top six (United States, China, Japan, Germany, France and the United Kingdom) are the world's largest economies as estimated by the IMF (List of countries by GDP (nominal)). Among the Global 500, 379 companies (75.8%) are from these six countries.

Leadership by sector

The following are the top-ranked companies in 2018 for each sector:[12]

Breakdown by industry

The following are the top-ranked companies in 2018 for each industry:

More information Industry, Company ...
Fortune Global 500 by industry
Industry Company Country Rank Revenue ($M)
Aerospace & Defense Boeing United States United States 64 93,392
Airlines American Airlines United States United States 260 42,207
Apparel Christian Dior France France 208 49,221
Banks: Commercial & Savings Industrial & Commercial Bank China China 26 153,021
Beverages Anheuser-Busch InBev Belgium Belgium 170 56,444
Building Materials, Glass Saint-Gobain France France 231 46,002
Chemicals BASF Germany Germany 112 72,677
Computer Software Microsoft United States United States 71 89,950
Computers, Office Equipment Apple United States United States 11 229,234
Construction & Farm Machinery Caterpillar United States United States 238 45,462
Diversified Financials EXOR Group Netherlands Netherlands 19 161,677
Electronics, Electrical Equipment Samsung Electronics South Korea South Korea 12 211,940
Energy Gazprom Russia Russia 49 111,983
Engineering & Construction China Construction Engineering China China 23 156,071
Entertainment Disney United States United States 176 55,137
Food & Drug Stores Kroger United States United States 39 122,662
Food Consumer Products Nestle Switzerland Switzerland 69 91,222
Food Production Archer Daniels Midland United States United States 152 60,828
Food Services Compass Group United Kingdom United Kingdom 413 28,578
General Merchandisers Walmart United States United States 1 500,343
Health Care: Insurance & Managed Care UnitedHealth Group United States United States 15 201,159
Health Care: Medical Facilities HCA Healthcare United States United States 215 47,653
Health Care: Pharmacy & Other Services CVS Health United States United States 17 184,765
Household & Personal Products Procter & Gamble United States United States 135 66,217
Human Resources & Employment Services Adecco Group Switzerland Switzerland 441 26,670
Industrial Machinery General Electric United States United States 41 122,274
Information Technology Services IBM United States United States 92 79,139
Insurance: Life, Health (Mutual) Nippon Life Insurance Japan Japan 126 68,684
Insurance: Life, Health (Stock) AXA France France 27 149,461
Insurance: Property & Casualty (Mutual) State Farm Insurance United States United States 95 78,331
Insurance: Property & Casualty (Stock) Berkshire Hathaway United States United States 10 242,137
Internet Services & Retailing Amazon.com United States United States 18 177,866
Mail, Package, & Freight Delivery China Post Group China China 113 72,197
Medical Products & Equipment Medtronic Republic of Ireland Ireland 396 29,710
Metals China Minmetals China China 109 72,997
Mining, Crude-Oil Production Glencore Switzerland Switzerland 14 205,476
Motor Vehicles & Parts Toyota Motor Japan Japan 6 265,172
Network & Other Communications Equipment Huawei Investment & Holding China China 72 89,311
Oil & Gas Equipment, Services Schlumberger United States United States 386 30,440
Petroleum Refining Sinopec Group China China 3 326,953
Pharmaceuticals China Resources China China 86 82,184
Pipelines Energy Transfer Equity United States United States 217 47,487
Railroads Deutsche Bahn Germany Germany 211 48,124
Real Estate China Evergrande Group China China 230 46,019
Semiconductors & Other Electronic Components Intel United States United States 146 62,761
Shipping China Shipbuilding Industry China China 245 44,431
Specialty Retailers Home Depot United States United States 57 100,904
Telecommunications AT&T United States United States 20 160,546
Textiles Shandong Weiqiao Pioneering China China 185 53,203
Tobacco Philip Morris International United States United States 411 28,748
Trading Trafigura Group Singapore Singapore 32 136,421
Utilities State Grid China China 2 348,903
Wholesalers: Electronics & Office Equipment Tech Data United States United States 315 36,775
Wholesalers: Food & Grocery Sysco United States United States 174 55,371
Wholesalers: Health Care McKesson Corporation United States United States 13 208,357
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Most profitable

The following is the Global 500 list sorted by profits:[13]

More information Rank, Company ...
Fortune Global 500 most profitable of 2018
Rank Company Country Profits ($M)
1 Apple United States United States $48,351.0
2 British American Tobacco United Kingdom United Kingdom $48,327.8
3 Berkshire Hathaway United States United States $44,940.0
4 Industrial & Commercial Bank of China China China $42,323.7
5 Samsung Electronics South Korea South Korea $36,575.4
6 China Construction Bank China China $35,845.2
7 Verizon United States United States $30,101.0
8 AT&T United States United States $29,450.0
9 Agricultural Bank of China China China $28,550.4
10 Bank of China China China $25,509.2
Close

Fortune Global 500 list of 2017

Summarize
Perspective

The following is the list of Top 10 companies:[14][15]

More information Rank, Company ...
Rank Company Country Industry Revenue in USD
1 Walmart  United States Retail $486 billion
2 State Grid  China Energy $316 billion
3 Sinopec Group  China Petroleum $268 billion
4 China National Petroleum  China Petroleum $263 billion
5 Toyota Motor  Japan Automobiles $255 billion
6 Volkswagen  Germany Automobiles $240 billion
7 Royal Dutch Shell  Netherlands Petroleum $240 billion
8 Berkshire Hathaway  United States Products $242 billion
9 Apple  United States Technology $216 billion
10 Exxon Mobil  United States Petroleum $205 billion
Close

Fortune had previously listed Shell as a British/Dutch company, but as of the 2016 listing it is listed as Dutch.

Breakdown by country

As of November 2017, this is the list of the Top 10 countries with the most Global 500 companies:[16]

More information Rank, Country ...
RankCountryCompanies
1 United States133
2 China109
3 Japan51
4 France29
5 Germany29
6 United Kingdom 21
7 South Korea15
8 Netherlands 15
9  Switzerland13
Close

The Global 500 includes Unilever under the heading "Britain/Netherlands", as the company is counted in the tally for both countries.

As can be seen from the table above, 425 (85.0%) of the Global 500 are represented by only 10 countries: two in North America (Canada and United States), five in Western Europe (France, Germany, Netherlands, Switzerland, and the United Kingdom) and three in East Asia (China, Japan and South Korea). Moreover, the top six (United States, China, Japan, France, Germany, and the United Kingdom) are some of the world's largest economies as estimated by the IMF (List of countries by GDP (nominal)). Among the Fortune Global 500, 371 companies (74.2%) are from these six countries.

Leadership by sector

The top-ranked companies in each sector are as follows:

See also

References

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