List of largest companies by revenue

This list comprises the world's largest companies by consolidated revenue, according to the annually ranked Fortune Global 500 published by Fortune magazine, as well as other sources.^[2] Out of 50 largest companies 23 are American, 17 Asian and 10 European.^[2]

Walmart, the world's largest company by revenue since 2014^[1]

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

List

Rank	Name	Industry	Revenue	Profit	Employees	Headquarters[note 1]	State-owned	Ref.
			USD (in millions)
1	Walmart	Retail	$680,985	$19,436	2,100,000	United States		[1]
2	Amazon	Retail information technology	$637,959	$59,248	1,556,000			[4]
3	State Grid Corporation of China	Electricity	$545,948	$9,204	1,361,423	China		[5]
4	Saudi Aramco	Oil and gas	$480,446	$106,246	73,311	Saudi Arabia		[6]
5	China Petrochemical Corporation		$429,700	$9,393	513,434	China		[7]
6	China National Petroleum Corporation		$476,000	$25,250	1,026,301			[8]
7	UnitedHealth Group	Healthcare	$400,278	$14,405	400,000	United States		[9]
8	Apple	Information technology	$391,035	$93,736	164,000	United States		[10]
9	Berkshire Hathaway	Financials	$371,433	$88,995	392,400			[11]
10	CVS Health	Healthcare	$357,776	$8,344	259,500			[12]
11	Alphabet	Information technology	$350,018	$100,118	183,323			[13]
12	Volkswagen Group	Automotive	$348,408	$17,945	684,025	Germany		[14]
13	ExxonMobil	Oil and gas	$344,582	$36,010	61,500	United States		[15]
14	Vitol	Commodities	$331,000	$13,000	1,560	Switzerland		[16][17]
15	Shell	Oil and gas	$323,183	$19,359	103,000	United Kingdom		[18]
16	China State Construction Engineering	Construction	$320,431	$4,272	382,894	China		[19]
17	Toyota	Automotive	$312,018	$34,214	380,793	Japan		[20]
18	McKesson	Healthcare	$308,951	$3,002	48,000	United States		[21]
19	Cencora	Healthcare	$262,173	$1,745	44,000			[22]
20	Microsoft	Information technology	$245,122	$88,136	228,000			[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			[26]
24	Industrial and Commercial Bank of China		$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		$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			[42]
40	Bank of China	Financials	$172,328	$32,758	306,931	China		[43]
41	Bank of America		$171,912	$26,515	212,985	United States		[44]
42	General Motors	Automotive	$171,842	$10,127	163,000			[45]
43	Elevance Health	Healthcare	$171,340	$5,987	104,900			[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	Enel	Energy	$147,100	$3,400	61,060	Italy		[53]

By country

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

• Companies portal

• List of largest private non-governmental companies by revenue
• List of largest companies in Africa by revenue
• List of largest companies in Asia
• List of largest companies in Europe by revenue
• Forbes Global 2000
• List of largest employers
• List of public corporations by market capitalization
• List of most valuable brands
• List of companies by research and development spending
• List of wealthiest religious organizations
• List of the largest software companies
• List of largest Internet companies
• List of largest technology companies by revenue
• Largest airlines in the world

Explanatory notes

1. As reported by source.