List Of Public Corporations By Market Capitalization
From Handwiki
Short description: List of largest publicly traded companies
The following is a list of publicly traded companies having the greatest market capitalization. In the global business media, they are described as being the world's most valuable companies as a reference to their market value.[1]
Market capitalization is calculated from the share price (as recorded on selected day) multiplied by the number of outstanding shares.[2] Figures are converted into United States dollar millions (using rate from selected day) to allow for comparison.[3]
Contents
1Trillion-dollar companies
2Publicly traded companies
2.12023
2.22022
2.32021
2.42020
2.52019
2.62018
2.72017
2.82016
2.92015
2.102014
2.112013
2.122012
2.132011
2.142010
2.152009
2.162008
2.172007
2.182006
2.192005
2.202004
2.212003
2.222002
2.232001
2.242000
2.251999
2.261998
2.271997
2.281996
3See also
4Notes
5References
Trillion-dollar companies
The table below lists all companies which have, at any point, had a market capitalization in excess of $1 trillion, the date on which their market cap first exceeded $1 trillion and their record market cap.[4]
Company
Country
When first passed
Record value date
Record value (in billions USD)
Notes
$1 trillion
$2 trillion
$3 trillion
Unadjusted
Inflation- adjusted[5]
Apple
2 August 2018
19 August 2020
3 January 2022
14 December 2023
3,081
Error when using {{Inflation}}: |start_year=2,022 (parameter 3) is greater than the latest available year (2,019) in index "US".
[6][7][8].:
Microsoft
7 June 2019
22 June 2021
24 January 2024
25 January 2024
3,026
3,026
[9][10][11][12][13].:
Saudi Aramco
11 December 2019
12 December 2019
—
10 May 2022
2,450
2,450
[14][15].:
PetroChina
5 November 2007
—
—
5 November 2007
1,458
[note 1]
Alphabet
16 January 2020
8 November 2021
—
18 November 2021
Error when using {{Inflation}}: |start_year=2,021 (parameter 3) is greater than the latest available year (2,019) in index "US".
[19][20][21][22].:
Amazon
4 September 2018
—
—
13 July 2021
Error when using {{Inflation}}: |start_year=2,021 (parameter 3) is greater than the latest available year (2,019) in index "US".
[23]
Meta
28 June 2021[24].:
—
—
7 September 2021
Error when using {{Inflation}}: |start_year=2,021 (parameter 3) is greater than the latest available year (2,019) in index "US".
[note 2][25].:
Tesla
25 October 2021
—
—
1 November 2021
Error when using {{Inflation}}: |start_year=2,021 (parameter 3) is greater than the latest available year (2,019) in index "US".
[26].:
Nvidia
30 May 2023
—
—
20 January 2024
1,469
[27][28][29].:
Publicly traded companies
All market capitalization figures are in USD millions. Only companies with free float of at least 15% are included; the value of unlisted stock classes is excluded. Investment companies are not included in the list.[3]
2023
This list is up to date as of 31 December 2023. Indicated changes in market value are relative to the previous quarter.
Rank
First quarter
Second quarter
Third quarter
Fourth quarter
1
Apple 2,609,000[30]
Apple 3,050,000[30]
Apple 2,677,000[30]
Apple 2,994,000[30]
2
Microsoft 2,146,000[31]
Microsoft 2,532,000[31]
Microsoft 2,346,000[31]
Microsoft 2,795,000[31]
3
Alphabet 1,332,000[32]
Alphabet 1,530,000[32]
Alphabet 1,662,000[32]
Alphabet 1,764,000[32]
4
Amazon 1,058,000[33]
Amazon 1,337,000[33]
Amazon 1,312,000[33]
Amazon 1,570,000[33]
5
Nvidia 686,090[34]
Nvidia 1,044,000[34]
Nvidia 1,074,000[34]
Nvidia 1,223,000[34]
6
Berkshire Hathaway 677,770[35]
Tesla 829,670[36]
Tesla 794,200[36]
Meta 909,000[37]
7
Tesla 656,420[36]
Berkshire Hathaway 745,010[35]
Meta 772,490[37]
Tesla 789,930[36]
8
Meta 549,480[38]
Meta 735,450[38]
Berkshire Hathaway 769,260[35]
Berkshire Hathaway 783,550[35]
9
TSMC 482,410[39]
TSMC 523,410[39]
Eli Lilly 509,890[40]
Eli Lilly 553,370[40]
10
Visa 473,870[41]
Visa 497,370[41]
Visa 480,990[41]
TSMC 539,390[39]
2022
This list is up to date as of 31 December 2022. Indicated changes in market value are relative to the previous quarter.
Rank
First quarter
Second quarter
Third quarter
Fourth quarter
1
Apple 2,850,000[30]
Apple 2,212,000[30]
Apple 2,221,000[30]
Apple
2,066,000[30]
2
Microsoft 2,311,000[31]
Microsoft 1,920,000[31]
Microsoft 1,737,000[31]
Microsoft
1,787,000[31]
3
Alphabet 1,846,000[32]
Alphabet 1,435,000[32]
Alphabet 1,254,000[32]
Alphabet
1,145,000[32]
4
Amazon 1,659,000[33]
Amazon 1,080,000[33]
Amazon 1,151,000[33]
Amazon
856,940[33]
5
Tesla 1,114,000[36]
Tesla 697,660[36]
Tesla 831,150[36]
Berkshire Hathaway
681,770[35]
6
Berkshire Hathaway 779,150[35]
Berkshire Hathaway 602,450[35]
Berkshire Hathaway 596,410[35]
UnitedHealth
495,370[42]
7
Nvidia 684,880[34]
UnitedHealth 481,870[42]
UnitedHealth 472,410[42]
Johnson & Johnson
461,840[43]
8
Meta 605,250[38]
Johnson & Johnson 467,090[43]
Johnson & Johnson 429,500[43]
ExxonMobil
454,240[44]
9
TSMC 540,670[39]
Tencent 445,990[45]
Visa 374,380[41]
Visa
439,950[41]
10
UnitedHealth 479,830[42]
Meta 436,390[38]
Meta 364,650[46]
Tencent
405,090[45]
2021
This list is up to date (As of December 2021). Indicated changes in market value are relative to the previous quarter.
<section begin="ImportTopPortalCompanies" />
Rank
First quarter
Second quarter
Third quarter
Fourth quarter
1
Apple 2,050,000[30]
Apple 2,286,000[30]
Apple 2,339,000[30]
Apple 2,913,000[30]
2
Microsoft 1,778,000[31]
Microsoft 2,040,000[31]
Microsoft 2,119,000[31]
Microsoft 2,525,000[31]
3
Amazon 1,558,000[33]
Amazon 1,735,000[33]
Alphabet 1,777,000[32]
Alphabet 1,922,000[32]
4
Alphabet 1,395,000[32]
Alphabet 1,680,000[32]
Amazon 1,664,000[33]
Amazon 1,691,000[33]
5
Meta 838,720[38]
Meta 985,920[38]
Meta 956,890[38]
Tesla 1,061,000[36]
6
Tencent 766,970[45]
Tencent 721,460[45]
Tesla 776,850[36]
Meta 935,640[38]
7
Tesla 641,110[36]
Tesla 654,780[36]
Berkshire Hathaway 619,950[35]
Nvidia 732,920[34]
8
Alibaba Group 615,010[47]
Berkshire Hathaway 637,280[35]
TSMC 579,030[39]
Berkshire Hathaway 668,630[35]
9
TSMC 613,410[39]
TSMC 623,160[39]
Tencent 574,460[45]
TSMC 623,930[39]
10
Berkshire Hathaway 590,050[35]
Alibaba Group 615,140[47]
Nvidia 517,900[34]
Tencent 559,900[45]
<section end=ImportTopPortalCompanies />
2020
This Financial Times–based list is up to data (As of December 2020). Indicated changes in market value are relative to the previous quarter.
Rank
First quarter
Second quarter
Third quarter
Fourth quarter
1
Microsoft 1,200,000[31]
Apple 1,576,000[30]
Apple 1,981,000[30]
Apple 2,254,000[30]
2
Apple 1,113,000[30]
Microsoft 1,551,000[31]
Microsoft 1,592,000[31]
Microsoft 1,682,000[31]
3
Amazon 970,590[33]
Amazon 1,432,590[33]
Amazon 1,577,000[33]
Amazon 1,634,000[33]
4
Alphabet 799,180[32]
Alphabet 979,700[32]
Alphabet 999,570[32]
Alphabet 1,185,000[32]
5
Alibaba Group 521,740[47]
Facebook 675,690[38]
Alibaba Group 795,400[47]
Facebook 776,590[38]
6
Facebook 475,460[38]
Tencent 620,920[45]
Facebook 746,100[38]
Tencent 683,470[45]
7
Tencent 471,660[45]
Alibaba Group 579,740[47]
Tencent 646,790[45]
Tesla 668,080[36]
8
Berkshire Hathaway 440,830[35]
Berkshire Hathaway 432,570[35]
Berkshire Hathaway 509,470[35]
Alibaba Group 628,650[47]
9
Visa 357,020[48]
Visa 412,710[48]
Visa 425,510[48]
TSMC 565,280[39]
10
Johnson & Johnson 345,700[43]
Johnson & Johnson 370,590[43]
TSMC 420,440[39]
Berkshire Hathaway 544,780[35]
2019
This Financial Times–based list is up to date (As of December 2019). Indicated changes in market value are relative to the previous quarter.
Rank
First quarter
Second quarter
Third quarter
Fourth quarter
1
Microsoft 904,860[31]
Microsoft 1,028,000[31]
Microsoft 1,062,000[31]
Apple 1,305,000[30]
2
Apple 835,670[30]
Amazon 928,540[33]
Apple 1,012,000[30]
Microsoft 1,203,000[31]
3
Amazon 874,710[33]
Apple 911,240[30]
Amazon 858,680[33]
Alphabet 922,130[32]
4
Alphabet 818,160[32]
Alphabet 751,170[32]
Alphabet 838,020[32]
Amazon 916,150[33]
5
Berkshire Hathaway 493,750[35]
Facebook 551,490[38]
Berkshire Hathaway 508,530[35]
Facebook 585,320[38]
6
Facebook 475,730[38]
Berkshire Hathaway 521,100[35]
Facebook 508,050[38]
Alibaba Group 569,010[47]
7
Alibaba Group 472,940[47]
Alibaba Group 439,150[47]
Alibaba Group 435,400[47]
Berkshire Hathaway 553,530[35]
8
Tencent 440,980[45]
Tencent 432,080[45]
Tencent 398,840[45]
Tencent 461,370[45]
9
Johnson & Johnson 372,230[43]
Visa 379,271[48]
Visa 385,370[48]
JPMorgan Chase 437,230[49]
10
Visa 353,710[48]
Johnson & Johnson 370,300[43]
JPMorgan Chase 376,310[49]
Visa 416,790[48]
2018
This Financial Times–based list is up to date (As of December 2018). Indicated changes in market value are relative to the previous quarter.
Rank
First quarter
Second quarter
Third quarter
Fourth quarter
1
Apple 851,317
Apple 909,840[30]
Apple 1,091,000[30]
Microsoft 780,520[31]
2
Alphabet 715,404
Amazon 824,790[33]
Amazon 976,650[33]
Apple 748,680[30]
3
Microsoft 702,760[31]
Alphabet 774,840[32]
Microsoft 877,400[31]
Amazon 735,900[33]
4
Amazon 700,672[33]
Microsoft 757,640[31]
Alphabet 839,740[50]
Alphabet 728,360[50]
5
Tencent 507,990[45]
Facebook 562,480[38]
Berkshire Hathaway 523,520[35]
Berkshire Hathaway 499,590[35]
6
Berkshire Hathaway 492,019[35]
Tencent 478,580[45]
Facebook 473,850[38]
Facebook 375,890[38]
7
Alibaba Group 470,930[47]
Alibaba Group 476,040[47]
Alibaba Group 423,600[47]
Tencent 375,110[45]
8
Facebook 464,189[38]
Berkshire Hathaway 463,980[35]
Tencent 388,080[45]
Alibaba Group 355,130[47]
9
JPMorgan Chase 377,410[49]
JPMorgan Chase 354,780[49]
JPMorgan Chase 379,440[49]
Johnson & Johnson 346,110[43]
10
Johnson & Johnson 343,780[43]
ExxonMobil 350,270[51]
Johnson & Johnson 370,650[43]
JPMorgan Chase 324,660[49]
2017
This Financial Times–based list is up to date (As of December 2017). Indicated changes in market value are relative to the previous quarter.
Rank
First quarter[52][note 3]
Second quarter[53][note 3]
Third quarter[54][note 3]
Fourth quarter
1
Apple 753,718
Apple 749,124
Apple 791,726
Apple 868,880[30]
2
Alphabet 573,570[32]
Alphabet 628,610[32]
Alphabet 664,550[32]
Alphabet 727,040[32]
3
Microsoft 508,935
Microsoft 528,778
Microsoft 568,965
Microsoft 659,910[31]
4
Amazon 423,031
Amazon 466,471
Amazon 459,435
Amazon 563,540[33]
5
Berkshire Hathaway 410,880[35]
Berkshire Hathaway 418,880[35]
Berkshire Hathaway 451,840[35]
Facebook 512,760[38]
6
ExxonMobil 339,897
Johnson & Johnson 357,310
Alibaba Group 436,850[47]
Tencent 493,340[55]
7
Johnson & Johnson 337,947
Facebook 357,176
Tencent 405,007
Berkshire Hathaway 489,490[35]
8
Facebook 334,552
Alibaba Group 356,390[47]
Facebook 399,946
Alibaba Group 440,712[55]
9
JPMorgan Chase 313,761
Tencent 344,879
ExxonMobil 348,248
Johnson & Johnson 375,360[43]
10
Wells Fargo 278,516
ExxonMobil 341,947
Johnson & Johnson 347,497
JPMorgan Chase 371,050[49]
2016
This Financial Times–based list is up to date (As of December 2016). Indicated changes in market value are relative to the previous quarter.
Rank
First quarter[56][note 3]
Second quarter[57][note 3]
Third quarter[58][note 3]
Fourth quarter[59][note 3]
1
Apple 607,465
Apple 517,069
Apple 604,475
Apple 617,588.49
2
Alphabet 535,660[32]
Alphabet 475,320[32]
Alphabet 535,660[32]
Alphabet 531,970[32]
3
Microsoft 439,734
Microsoft 397,268
Microsoft 447,290
Microsoft 483,160.28
4
ExxonMobil 350,991
ExxonMobil 383,396
Amazon 393,030
Berkshire Hathaway 404,390[35]
5
Berkshire Hathaway 349,740[35]
Berkshire Hathaway 345,860[35]
ExxonMobil 358,519
ExxonMobil 374,280
6
Johnson & Johnson 300,604
Amazon 337,641
Berkshire Hathaway 358,300[35]
Amazon 356,313.12
7
General Electric 295,546
Johnson & Johnson 328,234
Johnson & Johnson 320,836
Johnson & Johnson 313,432.46
8
Amazon 281,888
General Electric 280,927
Facebook 297,548
JPMorgan Chase 308,768.42
9
Facebook 259,192
Facebook 263,930
Tencent 265,603
General Electric 279,545.92
10
Wells Fargo 246,035
AT&T 261,035
General Electric 261,876
Wells Fargo 276,779.12
2015
This Financial Times–based list is up to date (As of December 2015). Indicated changes in market value are relative to the previous quarter.
Rank
First quarter[60]
Second quarter[61]
Third quarter[62][note 3]
Fourth quarter[63][note 3]
1
Apple 724,773.1
Apple 722,576.9
Apple 621,939
Apple 598,344
2
ExxonMobil 356,548.7
Microsoft 357,154.4
Google 407,870[32]
Alphabet 534,090[32]
3
Berkshire Hathaway 356,510.7
ExxonMobil 347,868.1
Microsoft 347,432
Microsoft 449,799
4
Google 345,849.2[64]
Google 336,014.5[32]
Berkshire Hathaway 318,180[35]
Berkshire Hathaway 323,750[35]
5
Microsoft 333,524.8
Berkshire Hathaway 336,014.5
ExxonMobil 304,245
ExxonMobil 325,167
6
Petro China 329,715.1
Petro China 319,391.6
Johnson & Johnson 257,637
Amazon 323,009
7
Wells Fargo 279,919.7
ICBC 298,531.5
General Electric 248,069
General Electric 313,892
8
Johnson & Johnson 279,723.9
Wells Fargo 289,591.3
China Mobile 243,186
Johnson & Johnson 287,153
9
ICBC 275,389.1
Johnson & Johnson 270,260.8
Novartis 240,373
Wells Fargo 281,770
10
Novartis 267,897.0
General Electric 267,717.4
Nestlé 233,361
JPMorgan Chase 245,126
2014
This Financial Times–based list is up to date (As of December 2014). Indicated changes in market value are relative to the previous quarter.
Rank
First quarter[65]
Second quarter[66]
Third quarter[67]
Fourth quarter[68]
1
Apple 478,766.1
Apple 560,337.4
Apple 603,277.4
Apple 647,361.0
2
ExxonMobil 422,098.3
ExxonMobil 432,357.3
ExxonMobil 401,094.1
ExxonMobil 391,481.9
3
Microsoft 340,216.8
Google 358,347.3
Microsoft 381,959.7
Microsoft 382,880.3
4
Google 313,003.9
Microsoft 344,458.8
Google 361,998.4
Berkshire Hathaway 370,652.6
5
Berkshire Hathaway 308,090.6
Berkshire Hathaway 312,216.7
Berkshire Hathaway 340,055.0
Google 329,768.5
6
Johnson & Johnson 277,826.2
Johnson & Johnson 295,980.1
Johnson & Johnson 300,614.2
PetroChina 305,536.1
7
Wells Fargo 261,217.5
Wells Fargo 276,837
Wells Fargo 270,782.4
Johnson & Johnson 292,702.8
8
General Electric 259,547.3
Royal Dutch Shell 269,563.4
General Electric 257,068.4
Wells Fargo 284,385.6
9
Hoffmann-La Roche 258,542.1
General Electric 263,529.6
Novartis 255,326.4
Walmart 276,807.4
10
Walmart 246,805.7
Hoffmann-La Roche 256,322.8
Hoffmann-La Roche 254,543.8
ICBC 271,146.1
2013
This Financial Times–based list is up to date as of 31 December 2013. Indicated changes in market value are relative to the previous quarter.
Rank
First quarter[69]
Second quarter[70]
Third quarter[71]
Fourth quarter[72]
1
Apple 415,683.3
ExxonMobil 401,729.8
Apple 433,099.6
Apple 504,770.8
2
ExxonMobil 403,733.1
Apple 372,202.3
ExxonMobil 378,716.2
ExxonMobil 442,142.8
3
Berkshire Hathaway 256,801.8
Microsoft 288,488.8
Berkshire Hathaway 280,001.5
Microsoft 312,297.3
4
PetroChina 254,618.7
Berkshire Hathaway 276,548.5
Microsoft 277,220.9
Google 310,079.1
5
Walmart 246,373.3
Walmart 244,079.4
Johnson & Johnson 244,298.5
Berkshire Hathaway 292,396.0
6
General Electric 239,775.6
Johnson & Johnson 241,170.9
General Electric 243,290.4
General Electric 283,589.8
7
Microsoft 239,602.3
General Electric 239,787.2
Walmart 240,773.3
Johnson & Johnson 258,415.4
8
IBM 237,724.7
Google 238,688.6
Google 237,479.4
Walmart 254,622.8
9
Nestlé 233,792.1
Chevron Corporation 229,402.6
Chevron Corporation 234,740.8
Hoffmann-La Roche 241,368.0
10
Chevron Corporation 230,831.2
ICBC 226,879.8
Hoffmann-La Roche 232,495.2
Chevron Corporation 240,223.4
2012
This Financial Times–based list is up to date as of 31 December 2012. Indicated changes in market value are relative to the previous quarter.
Rank
First quarter[73]
Second quarter[74]
Third quarter[75]
Fourth quarter[76]
1
Apple 559,002.1
Apple 546,076.1
Apple 625,348.1
Apple 500,610.7
2
ExxonMobil 408,777.4
ExxonMobil 400,139.1
ExxonMobil 422,127.5
ExxonMobil 394,610.9
3
PetroChina 278,968.4
PetroChina 257,685.8
PetroChina 253,853.3
PetroChina 264,833.4
4
Microsoft 270,644.1
Microsoft 256,982.4
Microsoft 249,489.8
BHP Billiton 247,409.0
5
IBM 241,754.6
Walmart 235,900.3
Walmart 248,074.4
ICBC 236,457.9
6
ICBC 236,335.4
IBM 225,598.5
General Electric 239,791.2
China Mobile 234,040.2
7
Royal Dutch Shell 222,425.1
General Electric 220,806.3
IBM 237,068.4
Walmart 228,245.4
8
China Mobile 220,978.9
China Mobile 219,481.3
Chevron Corporation 228,707.1
Samsung Electronics 227,581.8
9
General Electric 212,317.7
Royal Dutch Shell 217,048.2
China Mobile 222,817.8
Microsoft 224,801.0
10
Chevron Corporation 211,950.6
ICBC 211,196.0
Royal Dutch Shell 222,669.6
Royal Dutch Shell 222,669.6
2011
This Financial Times–based list is up to date as of 31 December 2011. Indicated changes in market value are relative to the previous quarter.
Rank
First quarter[77]
Second quarter[78]
Third quarter[79]
Fourth quarter[80]
1
ExxonMobil 417,166.7
ExxonMobil 400,884.5
Apple 353,518.1
ExxonMobil 406,272.1
2
PetroChina 326,199.2
Apple 310,412.3
ExxonMobil 353,135.2
Apple 376,410.6
3
Apple 321,072.1
PetroChina 303,649.9
PetroChina 276,473.9
PetroChina 276,844.9
4
ICBC 251,078.1
ICBC 246,850.5
IBM 208,843.5
Royal Dutch Shell 236,677.0
5
Petrobras 247,417.6
BHP Billiton 233,626.5
Microsoft 208,534.9
ICBC 228,168.1
6
BHP Billiton 247,079.5
Royal Dutch Shell 225,122.8
ICBC 206,021.4
Microsoft 218,380.1
7
China Construction Bank 232,608.6
Microsoft 219,251.9
China Mobile 198,778.7
IBM 216,724.4
8
Royal Dutch Shell 226,128.7
Nestlé 215,017.5
Royal Dutch Shell 197,061.1
Chevron Corporation 211,893.9
9
Chevron Corporation 215,780.6
Petrobras 210,111.4
Nestlé 191,115.6
Walmart 204,659.8
10
Microsoft 213,336.4
IBM 207,781.4
Chevron Corporation 185,456.1
China Mobile 196,148.4
2010
This Financial Times–based list is up to date as of 31 December 2010. Indicated changes in market value are relative to the previous quarter.
Rank
First quarter[81]
Second quarter[82]
Third quarter[83]
Fourth quarter[84]
1
PetroChina 329,259.7
ExxonMobil 291,789.1
ExxonMobil 314,622.5
ExxonMobil 368,711.5
2
ExxonMobil 316,230.8
PetroChina 268,504.8
PetroChina 270,889.9
PetroChina 303,273.6
3
Microsoft 256,864.7
Apple 228,876.8
Apple 259,223.4
Apple 295,886.3
4
ICBC 246,419.8
ICBC 211,258.7
Petrobras 220,616.5
BHP Billiton 243,540.3
5
Apple 213,096.7
Microsoft 201,655.8
ICBC 213,364.1
Microsoft 238,784.5
6
BHP Billiton 209,935.1
China Mobile 201,471.2
Microsoft 210,676.4
ICBC 233,369.1
7
Walmart 209,000.7
Berkshire Hathaway 197,356.8
China Mobile 205,339.6
Petrobras 229,066.6
8
Berkshire Hathaway 200,620.5
China Construction Bank 189,170.7
Berkshire Hathaway 204,792.0
China Construction Bank 222,245.1
9
General Electric 194,246.2
Walmart 178,322.7
China Construction Bank 202,998.4
Royal Dutch Shell 208,593.7
10
China Mobile 192,998.6
Procter & Gamble 172,736.5
BHP Billiton 196,866.0
Nestlé 203,534.3
2009
This Financial Times–based list is up to date as of 31 December 2009. Indicated changes in market value are relative to the previous quarter.
Rank
First quarter[85]
Second quarter[86]
Third quarter[87]
Fourth quarter[88]
1
ExxonMobil 336,527
PetroChina 366,662.9
ExxonMobil 329,725
PetroChina 353,140.1
2
PetroChina 287,185
ExxonMobil 341,140.3
PetroChina 325,097.5
ExxonMobil 323,717.1
3
Walmart 204,365
ICBC 257,004.4
ICBC 237,951.5
Microsoft 270,635.4
4
ICBC 187,885
Microsoft 211,546.2
Microsoft 229,630.7
ICBC 268,956.2
5
China Mobile 174,673
China Mobile 200,832.4
HSBC 198,561.1
Walmart 203,653.6
6
Microsoft 163,320
Walmart 188,752.0
China Mobile 195,680.4
China Construction Bank 201,436.1
7
AT&T 148,511
China Construction Bank 182,186.7
Walmart 189,331.6
BHP Billiton 201,248
8
Johnson & Johnson 145,481
Petrobras 165,056.9
Petrobras 189,027.7
HSBC 199,254.9
9
Royal Dutch Shell 138,999
Johnson & Johnson 156,515.9
China Construction Bank 186,816.7
Petrobras 199,107.9
10
Procter & Gamble 138,013
Royal Dutch Shell 156,386.7
Royal Dutch Shell 175,986.1
Apple 189,801.7
2008
This Financial Times–based list is up to date as of 31 December 2008. Indicated changes in market value are relative to the previous quarter.
Rank
First quarter[89]
Second quarter[90]
Third quarter[91]
Fourth quarter[92]
1
ExxonMobil 452,505
ExxonMobil 465,652
ExxonMobil 403,366
ExxonMobil 406,067
2
PetroChina 423,996
PetroChina 341,140.3
PetroChina 325,097.5
PetroChina 259,836
3
General Electric 369,569
ICBC 257,004.4
ICBC 237,951.5
Walmart 219,898
4
Gazprom 299,764
Microsoft 211,546.2
Microsoft 229,630.7
China Mobile 201,291
5
China Mobile 298,093
China Mobile 200,832.4
HSBC 198,561.1
Procter & Gamble 184,576
6
ICBC 277,236
Walmart 188,752.0
China Mobile 195,680.4
ICBC 173,930
7
Microsoft 264,132
China Construction Bank 182,186.7
Walmart 189,331.6
Microsoft 172,929
8
AT&T 231,168
Petrobras 165,056.9
Petrobras 189,027.7
AT&T 167,950
9
Royal Dutch Shell 220,110
Johnson & Johnson 156,515.9
China Construction Bank 186,816.7
Johnson & Johnson 166,002
10
Procter & Gamble 215,640
Royal Dutch Shell 156,386.7
Royal Dutch Shell 175,986.1
General Electric 161,278
2007
This Financial Times–based list is up to date as of 31 December 2007. Indicated changes in market value are relative to the previous quarter.
Rank
First quarter[93]
Second quarter[94]
Third quarter[95]
Fourth quarter[96]
1
ExxonMobil 429,567
ExxonMobil 472,519
ExxonMobil 513,362
Petrochina 723,952
2
General Electric 363,611
General Electric 393,831
General Electric 424,191
ExxonMobil 511,887
3
Microsoft 272,912
Microsoft 281,934
China Mobile 327,937
General Electric 374,637
4
Citigroup 252,857
Royal Dutch Shell 266,141
ICBC 279,269
China Mobile 354,120
5
AT&T 246,206
AT&T 255,871
Microsoft 276,202
ICBC 338,989
6
Gazprom 245,911
Citigroup 253,703
Royal Dutch Shell 264,397
Microsoft 333,054
7
Toyota 230,832
Gazprom 245,757
Gazprom 260,249
Gazprom 329,591
8
Bank of America 228,177
BP 231,491
AT&T 258,047
Royal Dutch Shell 269,544
9
ICBC 224,788
Toyota 228,009
Citigroup 232,162
AT&T 252,051
10
Royal Dutch Shell 214,018
Bank of America 216,963
Bank of America 223,066
Sinopec 249,645
2006
This Financial Times–based list is up to date as of December 2006. Indicated changes in market value are relative to the previous quarter.
Rank
First quarter[97]
Second quarter[98]
Third quarter[99]
Fourth quarter[100]
1
ExxonMobil 371,631
ExxonMobil 371,187
ExxonMobil 398,906
ExxonMobil 446,943
2
General Electric 362,527
General Electric 342,731
General Electric 364,414
General Electric 383,564
3
Microsoft 281,171
Gazprom 246,341
Microsoft 272,679.0
Microsoft 293,537
4
Citigroup 238,935
Citigroup 239,862
Gazprom 254,634.3
Citigroup 273,691
5
BP 233,260
Microsoft 237,688
Citigroup 246,727
Gazprom 271,482
6
Bank of America 211,706
BP 233,151
Bank of America 242,451
ICBC 254,592
7
Royal Dutch Shell 211,280
Royal Dutch Shell 224,925
Royal Dutch Shell 216,368
Toyota 241,161
8
Walmart 196,860
Bank of America 219,504
BP 215,623
Bank of America 239,758
9
Toyota 196,731
HSBC 201,854
HSBC 209,774
Royal Dutch Shell 225,781
10
Gazprom 196,339
Walmart 200,762
Pfizer 206,785
BP 218,643
2005
This Financial Times–This list is up to date as of 31 March 2005.[101]
Rank
Name
Country
Primary industry
Market value (USD million)
1
General Electric
United States
Conglomerate
382,233
2
ExxonMobil
United States
Oil and gas
380,567
3
Microsoft
United States
Software industry
262,975
4
Citigroup
United States
Banking
234,437
5
BP
United Kingdom
Oil and gas
221,365
6
Walmart
United States
Retail
212,209
7
Royal Dutch Shell
Netherlands
United Kingdom
Oil and gas
210,630
8
Johnson & Johnson
United States
Health care
199,711
9
Pfizer
United States
Health care
195,945
10
Bank of America
United States
Banking
178,765
2004
This Financial Times–based list is up to date as 31 March 2004.[102]
Rank
Name
Country
Primary industry
Market value (USD million)
1
General Electric
United States
Conglomerate
299,336
2
Microsoft
United States
Software industry
271,911
3
ExxonMobil
United States
Oil and gas
263,940
4
Pfizer
United States
Health care
261,616
5
Citigroup
United States
Banking
259,191
6
Walmart
United States
Retail
258,888
7
American International Group
United States
Insurance
183,696
8
Intel Corporation
United States
Computer hardware
179,996
9
BP
United Kingdom
Oil and gas
174,648
10
HSBC
United Kingdom
Banking
163,574
2003
This Financial Times–based list is up to date as December 2003.[103]
Rank
Name
Country
Primary industry
Market value (USD million)
1
Microsoft
United States
Software industry
264,003
2
General Electric
United States
Conglomerate
259,647
3
ExxonMobil
United States
Oil and gas
241,037
4
Walmart
United States
Retail
234,399
5
Pfizer
United States
Health care
195,948
6
Citigroup
United States
Banking
183,887
7
Johnson & Johnson
United States
Health care
170,417
8
Royal Dutch Shell
Netherlands
United Kingdom
Oil and gas
149,034
9
BP
United Kingdom
Oil and gas
144,381
10
IBM
United States
Computer software, computer hardware
139,272
2002
This Financial Times–based list is up to date December 2002.[104]
Rank
Name
Country
Primary industry
Market value (USD million)
1
General Electric
United States
Conglomerate
372,089
2
Microsoft
United States
Software industry
326,639
3
ExxonMobil
United States
Oil and gas
299,820
4
Walmart
United States
Retail
273,220
5
Citigroup
United States
Banking
255,299
6
Pfizer
United States
Health care
249,021
7
Intel Corporation
United States
Computer hardware
203,838
8
BP
United Kingdom
Oil and gas
200,794
9
Johnson & Johnson
United States
Health care
197,912
10
Royal Dutch Shell
Netherlands
United Kingdom
Oil and gas
189,913
2001
This Financial Times–based list is up to date as 31 March 2001.[105]
Rank
Name
Country
Primary industry
Market value (USD million)
1
General Electric
United States
Conglomerate
477,406
2
Cisco Systems
United States
Networking hardware
304,699
3
ExxonMobil
United States
Oil and gas
286,367
4
Pfizer
United States
Health care
263,996
5
Microsoft
United States
Software industry
258,436
6
Walmart
United States
Retail
250,955
7
Citigroup
United States
Banking
250,143
8
Vodafone
United Kingdom
Telecommunications
227,175
9
Intel
United States
Computer hardware
227,048
10
Royal Dutch Shell
Netherlands
United Kingdom
Oil and gas
206,340
2000
This Financial Times–based list is up to date as 31 March 2000.[106]
Rank
Name
Country
Primary industry
Market value (USD million)
1
Microsoft
United States
Software industry
586,197
2
General Electric
United States
Conglomerate
474,956
3
NTT Docomo
Japan
Telecommunications
366,204
4
Cisco Systems
United States
Networking hardware
348,965
5
Walmart
United States
Retail
286,153
6
Intel
United States
Computer hardware
277,096
7
Nippon Telegraph & Telephone
Japan
Telecommunications
274,905
8
ExxonMobil
United States
Oil and gas
265,894
9
Lucent
United States
Telecommunications
237,668
10
Deutsche Telekom
Germany
Telecommunications
209,628
1999
The 10 largest companies in the world by market capitalization in 1999[107]
Rank
Name
Country
Industry
Market value (USD million)
1
Microsoft
United States
Software industry
602,430
2
General Electric
United States
Conglomerate
507,220
3
Cisco Systems
United States
Computer hardware
357,110
4
Wal-Mart
United States
Retail
307,520
5
ExxonMobil
United States
Oil and gas
278,870
6
Intel
United States
Computer hardware
275,010
7
Nippon Telegraph & Telephone
Japan
Telecommunications
272,050
8
Lucent
United States
Telecommunications
227,990
9
Nokia
Finland
Telecommunications
218,990
10
Deutsche Telekom
Germany
Telecommunications
216,070
1998
This Financial Times–based list is up to date as of 30 September 1998.[108]
Rank
Name
Country
Primary industry
Market value (USD million)
1
Microsoft
United States
Software
271,854
2
General Electric
United States
Conglomerate
258,871
3
ExxonMobil
United States
Oil and gas
172,213
4
Royal Dutch Shell
Netherlands
United Kingdom
Oil and gas
164,157
5
Merck
United States
Health care
154,753
6
Pfizer
United States
Health care
148,074
7
Intel
United States
Computer hardware
144,060
8
The Coca-Cola Company
United States
Beverage
142,164
9
Walmart
United States
Retail
123,062
10
IBM
United States
Software, computer hardware
121,184
1997
This Financial Times–based list is up to date as of 30 September 1997.[109]
Rank
Name
Country
Primary industry
Market value (USD million)
1
General Electric
United States
Conglomerate
222,748
2
Royal Dutch Shell
Netherlands
United Kingdom
Oil and gas
191,002
3
Microsoft
United States
Software industry
159,660
4
ExxonMobil
United States
Oil and gas
157,970
5
The Coca-Cola Company
United States
Beverage
151,288
6
Intel
United States
Computer hardware
150,838
7
Nippon Telegraph & Telephone
Japan
Telecommunications
146,139
8
Merck
United States
Health care
120,757
9
Toyota
Japan
Automotive
116,585
10
Novartis
Switzerland
Health care
104,468
1996
This Financial Times–based list is up to date as of 30 September 1996.[110]
Rank
Name
Country
Primary industry
Market value (USD million)
1
General Electric
United States
Conglomerate
136,515
2
Royal Dutch Shell
Netherlands
United Kingdom
Oil and gas
128,206
3
The Coca-Cola Company
United States
Beverage
117,258
4
Nippon Telegraph & Telephone
Japan
Telecommunications
113,609
5
ExxonMobil
United States
Oil and gas
102,161
See also
List of countries by stock market capitalization
List of largest companies by revenue
List of largest employers
List of largest corporate profits and losses
List of wealthiest religious organizations
Corporate capitalism
World Economic Forum
Fortune Global 500
Notes
↑On 5 November 2007, A shares of PetroChina ended their first day of trading after an IPO on the Shanghai Stock Exchange yielded a market cap of approximately $1 trillion.[16] Only 4 billion A shares were floated during the IPO, another 158 billion A shares were still held by China National Petroleum Corporation. 21.9 billion H shares were already floated on the Hong Kong Stock Exchange.[17] However, market capitalization based on H shares never reached $500 billion.[18]
↑Meta was formerly Facebook Inc. and traded as Facebook, Inc. at the time it first reached a $1tn capitalization
↑ 3.03.13.23.33.43.53.63.73.8Note that in case some companies with multiple classes of stock only one class is considered.
References
↑Grocer, Stephen (5 February 2019). "Biggest Public Company? Microsoft. Wait, Apple Again. Amazon? No, Back to Microsoft." (in en-US). The New York Times. ISSN 0362-4331. https://www.nytimes.com/2019/02/05/business/dealbook/apple-amazon-microsoft-market-value.html.
↑Investopedia Staff (7 January 2004). "Market Capitalization Defined" (in en-US). Investopedia. http://www.investopedia.com/articles/basics/03/031703.asp.
↑ 3.03.1"FT 500 2015 Introduction and methodology". Financial Times. 19 June 2015. http://www.ft.com/cms/s/2/1fda5794-169f-11e5-b07f-00144feabdc0.html.
↑"Companies ranked by Market Cap - CompaniesMarketCap.com" (in en-us). https://companiesmarketcap.com/.
↑Thomas, Ryland; Williamson, Samuel H. (2020). "What Was the U.S. GDP Then?". MeasuringWorth. http://www.measuringworth.com/datasets/usgdp/. Retrieved September 22, 2020 United States Gross Domestic Product deflator figures follow the Measuring Worth series.
↑"Apple becomes world's first trillion-dollar company". 2 August 2018. https://www.theguardian.com/technology/2018/aug/02/apple-becomes-worlds-first-trillion-dollar-company.
↑"Apple just became the first U.S. Company worth $2 trillion". 19 August 2020. https://www.nbcnews.com/business/business-news/apple-now-worth-2-trillion-making-it-most-valuable-company-n1237287.
↑"Apple Becomes 1st Company Worth $3 Trillion". https://www.forbes.com/sites/zacharysmith/2022/01/03/apple-becomes-1st-company-worth-3-trillion-greater-than-the-gdp-of-the-uk/amp/.
↑Baccardax, Martin (2024-01-11). "Microsoft hits record high, overtakes Apple as world's most-valuable company" (in en-us). https://www.thestreet.com/investing/stocks/microsoft-stock-hits-record-overtakes-apple-as-worlds-most-valuable-company-thestreetmicrosoft-hits-record-high-overtakes-apple-as-worlds-most-valuable-company.
↑Vlastelica, Ryan; Bass, Dina (22 June 2021). "Microsoft Rises to Join Apple in Exclusive $2 Trillion Club". https://www.bloomberg.com/news/articles/2021-06-22/microsoft-rallies-to-join-apple-in-exclusive-2-trillion-club.
↑Langley, Karen (22 June 2021). "Microsoft Hits $2 Trillion Market Cap During Trading". https://www.wsj.com/livecoverage/stock-market-live-updates-062221/card/NlChS1r7Dv9Uqq2Byf9e/index.html.
↑Oguh, Chibuike (25 January 2024). "Microsoft hits $3 trillion market value, second to Apple". https://www.reuters.com/technology/microsoft-hits-3-trillion-market-value-2024-01-24/.
↑Jones, Rachyl (November 20, 2023). "Satya Nadella added $63 billion in market value for Microsoft with a 'poker move for the ages'". Fortune. https://fortune.com/2023/11/20/satya-nadella-63-billion-market-value-microsoft-openai-poker-move/.
↑"Saudi Aramco becomes most valuable listed company in history" (in en). 11 December 2019. http://www.theguardian.com/business/2019/dec/11/saudi-aramco-shares-soar-as-it-becomes-world-largest-listed-company.
↑Riley, Charles (12 December 2019). "The world has its first $2 trillion company. But for how long? | CNN Business" (in en). https://www.cnn.com/2019/12/12/investing/saudi-aramco-2-trillion/index.html.
↑Wearden, Graeme (6 November 2007). "PetroChina makes its debut as world's first trillion-dollar firm". the Guardian. https://www.theguardian.com/business/2007/nov/06/china.
↑"PetroChina opens at 48.6 yuan per share in Shanghai debut, up 191%". http://news.xinhuanet.com/english/2007-11/05/content_7013704.htm.
↑"Apple market value hits $601B". Yahoo Finance. 10 April 2012. https://finance.yahoo.com/news/apple-market-value-hits-600b-151007997.html.
↑"Google Parent Alphabet Passes $1 Trillion in Market Value". https://www.forbes.com/sites/sergeiklebnikov/2020/01/13/google-parent-alphabet-set-to-hit-1-trillion-in-market-value/#38a51a094dcf.
↑"Google parent Alphabet joins the $1 trillion company club". 17 January 2020. https://www.cbsnews.com/news/google-parent-company-alphabet-reaches-1-trillion-in-stock-market-value-amid-privacy-controversies/.
↑Howley, Daniel (8 November 2021). "Google hits $2 trillion market cap, joining ranks of Microsoft and Apple". https://finance.yahoo.com/news/google-hits-2-trillion-market-cap-152843213.html.
↑Fischer, Sara (8 November 2021). "Google parent Alphabet surpasses $2 trillion market cap". https://www.axios.com/google-alphabet-2-trillion-market-cap-03934abf-c0f1-4b76-a27d-dccafd1b3d7e.html.
↑DePillis, Lydia (4 September 2018). "Amazon is now worth $1,000,000,000,000". https://money.cnn.com/2018/09/04/technology/amazon-1-trillion/index.html.
↑Wittenstein, Jeran (17 February 2022). "Meta Loses Top-10 Ranking by Market Value Amid Worst Month Ever". https://www.bloomberg.com/news/articles/2022-02-17/meta-platforms-falls-from-ranks-of-10-most-valuable-companies.
↑Aycock, Jason (28 June 2021). "Facebook jumps to $1T valuation as judge dismisses antitrust suits from FTC". https://seekingalpha.com/news/3710684-facebook-jumps-2-to-high-as-judge-dismisses-antitrust-suits-from-ftc-states.
↑"Tesla breaches $1 trillion market cap". 4 September 2018. https://www.reuters.com/business/autos-transportation/tesla-breaches-1-trillion-market-cap-2021-10-25/.
↑"Nvidia hits $1 trillion market cap". 30 May 2023. https://finance.yahoo.com/news/nvidia-touches-1-trillion-market-cap-as-chipmaker-rides-ai-wave-133530381.html.
↑Galgani, Matthew (13 July 2023). "Chip Powerhouse Revolutionizes AI As Yet Another Breakout Nears". Investor's Business Daily. https://www.investors.com/research/ibd-stock-analysis/avgo-stock-broadcom-revolutionizes-ai-networking-as-shares-heat-up-new-breakout/.
↑Patnaik, Subrat (November 21, 2023). "Nvidia's $220 Billion Rally to Test If Great Is Good Enough". Yahoo! Finance. https://finance.yahoo.com/news/nvidia-240-billion-rally-test-114414116.html.
↑ 47.0047.0147.0247.0347.0447.0547.0647.0747.0847.0947.1047.1147.1247.1347.1447.15"Alibaba Group Holding Market Cap (BABA)". https://ycharts.com/companies/BABA/market_cap.
↑ 48.048.148.248.348.448.548.6"Visa Mobil Market Cap". https://ycharts.com/companies/V/market_cap.
↑ 50.050.1"Alphabet Inc. Market Cap Class A". https://ycharts.com/companies/GOOGL/market_cap.
↑"Exxon Mobil Market Cap". https://ycharts.com/companies/XOM/market_cap.
↑"Financial Times FT500 2017-04-01". https://markets.ft.com/data/dataarchive/ajax/fetchreport?reportCode=GMKT&documentKey=688_GMKT_170401.
↑"Financial Times FT500 2017-06-30". https://markets.ft.com/data/dataarchive/ajax/fetchreport?reportCode=GMKT&documentKey=688_GMKT_170630.
↑"Financial Times FT500 2017-09-29". https://markets.ft.com/data/dataarchive/ajax/fetchreport?reportCode=GMKT&documentKey=688_GMKT_170929.
↑ 55.055.1"Tencent and Alibaba top Asia's market cap ranking in 2017". https://asia.nikkei.com/magazine/20180111/Business/Tencent-and-Alibaba-top-Asia-s-market-cap-ranking-in-2017.
↑"Financial Times FT500 2016-03-31". http://markets.ft.com/Research/Markets/DataArchiveFetchReport?Category=&Type=GMKT&Date=03/31/2016.
↑"Financial Times FT500 2016-06-16". https://markets.ft.com/data/dataarchive/ajax/fetchreport?reportCode=GMKT&documentKey=688_GMKT_300616.
↑"Financial Times FT500 2016-09-30". https://markets.ft.com/data/dataarchive/ajax/fetchreport?reportCode=GMKT&documentKey=688_GMKT_160930.
↑"Financial Times FT500 2016-12-31". https://markets.ft.com/data/dataarchive/ajax/fetchreport?reportCode=GMKT&documentKey=688_GMKT_161231.