Richest Companies in the World

This page contains a list of the top companies in the world by revenue, market capitalization and net income. The results for 2020 are being gathered and only quarterly figures can at this time be drawn. Below, listed, our the highest grossing companies of 2019.

Topping the list is Walmart which booked a $523.96B U.S. dollars in revenue last year, 2019. So far for 2020, Walmart is on track to record even greater earnings, likely due to the covid-19 crisis among other factors.

The eCommerce giant, Amazon, while not the highest earning company on the list is one of the most interesting. They have seen rapid gains in revenues and profits, as well as the company stock price has seen steep improvements.

As can be see here, the revenue has increased by at least 20% each year since 2016. The revenue is set to be greater this year of 2020, again covid-19 and related factors caused a surge in online sales for consumer goods.

  • Amazon annual revenue for 2019 was $280.522B, a 20.45% increase from 2018.
  • Amazon annual revenue for 2018 was $232.887B, a 30.93% increase from 2017.
  • Amazon annual revenue for 2017 was $177.866B, a 30.8% increase from 2016.

Without further ado, here listed are the lists…

Richest companies by revenue

Revenue is the income that a business gathers from the sale of products and services. Revenue is also referred to as sales or turnover. While most companies are investing capital to realize revenues, at times companies produce revenue without direct expense.

Ranking of the companies:Revenue:
Walmart$523.96B
Sinopec Group$407.01B
State Grid$383.91B
China National Petroleum$379.13B
Royal Dutch Shell$352.11B
Saudi Aramco$329.78B
Volkswagen$282.76B
BP$282.62B
Amazon.com$280.52B
Toyota Motor$275.29B
Exxon Mobil$264.94B
Apple$260.17B
CVS Health$256.78B
Berkshire Hathaway$254.62B
UnitedHealth Group$242.16B
McKesson$231.05B
Glencore$215.11B
China State Construction Engineering$205.84B
Samsung Electronics$197.71B
Daimler$193.35B
Ping An Insurance$184.28B
AT&T$181.19B
AmerisourceBergen$179.59B
Industrial & Commercial Bank of China$177.07B
Total$176.25B
Hon Hai Precision Industry$172.87B
Trafigura Group$171.47B
EXOR Group$162.75B
Alphabet$161.86B
China Construction Bank$158.88B
Ford Motor$155.9B
Cigna$153.57B
Costco Wholesale$152.7B
AXA$148.98B
Agricultural Bank of China$147.31B
Chevron$146.52B
Cardinal Health$145.53B
JPMorgan Chase$142.42B
Honda Motor$137.33B
General Motors$137.24B
Walgreens Boots Alliance$136.87B
Mitsubishi$135.94B
Bank of China$135.09B
Verizon$131.87B
China Life Insurance$131.24B
Allianz$130.36B
Microsoft$125.84B
Marathon Petroleum$124.81B
Huawei Investment & Holding$124.32B
China Railway Engineering Group$123.32B
Kroger$122.29B
SAIC Motor$122.07B
Fannie Mae$120.3B
China Railway Construction$120.3B
Gazprom$118.01B
BMW Group$116.64B
Lukoil$114.62B
Bank of America$113.59B
Home Depot$110.23B
Japan Post Holdings$109.92B
Phillips 66$109.56B
Nippon Telegraph & Telephone$109.45B
Comcast$108.94B
China National Offshore Oil$108.69B
China Mobile Communications$108.53B
Assicurazioni Generali$105.92B
Crédit Agricole$104.97B
Anthem$104.21B
Wells Fargo$103.92B
Citigroup$103.45B
Valero Energy$102.73B
Itochu$100.52B
HSBC Holdings$98.67B
Siemens$97.94B
Pacific Construction Group$97.54B
Rosneft Oil$96.31B
General Electric$95.21B
China Communications Construction$95.1B
China Resources$94.76B
Prudential$93.74B
Dell Technologies$92.15B
Nestlé$92.11B
Nissan Motor$90.86B
Hyundai Motor$90.74B
Legal & General Group$90.62B
Deutsche Telekom$90.14B
Enel$89.91B
Aviva$89.65B
China FAW Group$89.42B
China Post Group$89.35B
Amer International Group$88.86B
China Minmetals$88.36B
Banco Santander$88.26B
SoftBank Group$87.44B
Bosch Group$86.99B
Reliance Industries$86.27B
SK Holdings$86.16B
Carrefour$85.91B
BNP Paribas$85.06B
Dongfeng Motor$84.05B

Richest companies by market capitalization

Market capitalization, or simply market cap, is the market value of a publicly traded company’s outstanding shares. Market capitalization is equal to the share price multiplied by the number of shares outstanding.

Here we can see the first of the Trillion Dollar Companies. Already four companies on the list have a market cap in excess of $1,000,000,000,000 (one trillion), and counting.

Ranking of the companies:Market capitalization:
Saudi Arabian Oil Company (Saudi Aramco) (Saudi Arabia)$1,684.8B
Microsoft (United States)$1,359B
Apple (United States)$1,285.5B
Amazon (United States)$1,233.4B
Alphabet (United States)$919.3B
Facebook (United States)$583.7B
Alibaba (China)$545.4B
Tencent Holdings (China)$509.7B
Berkshire Hathaway (United States)$455.4B
Johnson & Johnson (United States)$395.3B
Visa (United States)$383.9B
Walmart (United States)$344.4B
Nestlé (Switzerland)$304.1B
Roche Holding (Switzerland)$297.4B
Procter & Gamble (United States)$291.8B
JPMorgan Chase (United States)$291.7B
Samsung Electronics (South Korea)$278.7B
UnitedHealth Group (United States)277.1B
Mastercard (United States)$276.1B
Taiwan Semiconductor (Taiwan)$265.5B
Intel (United States)$254B
ICBC (China)$242.3B
Verizon Communications (United States)$237.7B
Home Depot (United States)$236.1B
Kweichow Moutai (China)$225.5B
AT&T (United States)$218.6B
Pfizer (United States)$212.8B
Bank of America (United States)$208.6B
China Construction Bank (China)$203.8B
Merck & Co. (United States)$200.3B
Coca-Cola (United States)$197.1B
ExxonMobil (United States)$196.6B
Walt Disney (United States)$195.3B
LVMH Moet Hennessy Louis Vuitton (France)$194.3B
Novartis (Switzerland)$193B
Ping An Insurance Group (China)$187.2B
Netflix (United States)$184.7B
PepsiCo (United States)$183.6B
Cisco Systems (United States)$179.7B
NVIDIA (United States)$179B
Toyota Motor (Japan)$173.3B
Chevron (United States)$171.8B
Comcast (United States)$171.7B
Raiffeisen Bank International (Austria)$170.8B
Adobe (United States)$170.4B
Oracle (United States)$167B
China Mobile (Hong Kong)$164.9B
Abbott Laboratories (United States)$162.9B
L’Oréal (France)$162.5B
Eli Lilly (United States)$148B

Richest companies by net income

The net income is an entity’s income minus cost of goods sold, expenses, depreciation and amortization, interest, and taxes for an accounting period. That is per business and accounting standards.

Ranking of the companies:Net income:
Saudi Aramco$88.21B
Berkshire Hathaway$81.42B
Apple$55.26B
Microsoft$39.24B
Industrial & Commercial Bank of China$39.24B
China Construction Bank$38.61B
JPMorgan Chase & Co.$36.43B
Alphabet$34.34B
Agricultural Bank of China$30.7B
Bank of America Corp.$27.43B
Bank of China$27.13B
Ping An Insurance$21.63B
Alibaba Group Holding$21.45B
Intel$21.05B
Wells Fargo$19.55B
Citigroup$19.4B
Verizon$19.27B
Toyota Motor$19.1B
Gazprom$18.59B
Facebook$18.49B
Samsung Electronics$18.45B
Pfizer$16.27B
Royal Dutch Shell$15.84B
Volkswagen$15.54B
Johnson & Johnson$15.12B
Walmart$14.88B
Exxon Mobil$14.34B
Fannie Mae$14.16B
AT&T$13.9B
UnitedHealth Group$13.84B
Tencent Holdings$13.51B
China Merchants Bank$13.44B
Roche Group$13.43B
Sberbank$13.06B
Comcast$13.06B
Nestlé$12.55B
China Mobile Communications$12.15B
Novartis$11.73B
Cisco Systems$11.62B
Amazon.com$11.59B
Taiwan Semiconductor Manufacturing$11.45B
Total$11.27B
Home Depot$11.24B
Bank of Communications$11.19B
Oracle$11.08B
Walt Disney$11.05B
Rosneft Oil$10.94B
Petrobras$10.15B
Lukoil$9.9B
Merck$9.84B

Most valuable brand in the world

Brand equity is a tern that is often used in the marketing industry to equate the perceived worth of a brand in and of itself. For example, the value of household names from Microfost to Walmart, and how that increases overall, or otherwise perceived, company value. It can be a somewhat hazy statistic yet one well thought through by industry experts.

Ranking of the brands:Brand value in million U.S. dollars
Amazon$225B
Google$160B
Apple$150B
Microsoft$120B
Samsung$95B
ICBC$80B
Facebook$79B
Walmart$78B
Ping An$69B
Huawei$65B
Mercedes-Benz$64B
Verizon$63B
China Construction Bank$62B
AT&T$59B
Toyota$58B
State Grid$56B
Disney$55B
Agricultural Bank of China$54B
WeChat$53B
Bank of China$51B
Home Depot$50B
China Mobile$49B
Shell$47B
Saudi Aramco$46B
Volkswagen$44B

Again, brand value, similar to brand equity, is hard to measure and takes in to account a number of different factors; some easily quantifiable, and others, not so much. Things like awareness, perception and identification.

Some of this data is drawn from focus groups, and is thought to sum up public sentiment as a whole. Of course we like the data that relies on factors we do know, like purchase frequency and customer loyalty (how much and often consumers buy).