List of public corporations by market capitalization

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

* 1 Trillion-dollar companies
* 2 Publicly traded companies
* 2.1 2023
* 2.2 2022
* 2.3 2021
* 2.4 2020
* 2.5 2019
* 2.6 2018
* 2.7 2017
* 2.8 2016
* 2.9 2015
* 2.10 2014
* 2.11 2013
* 2.12 2012
* 2.13 2011
* 2.14 2010
* 2.15 2009
* 2.16 2008
* 2.17 2007
* 2.18 2006
* 2.19 2005
* 2.20 2004
* 2.21 2003
* 2.22 2002
* 2.23 2001
* 2.24 2000
* 2.25 1999
* 2.26 1998
* 2.27 1997
* 2.28 1996
* 3 See also
* 4 Notes
* 5 References

## 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  | 3,310  | [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  | 2,321  | [19][20][21][22].:
Amazon |  | 4 September 2018  | —  | —  | 13 July 2021  | 2,205  | [23]
Meta |  | 28 June 2021[24].:  | —  | —  | 7 September 2021  | 1,251  | [note 2][25].:
Tesla |  | 25 October 2021  | —  | —  | 1 November 2021  | 1,433  | [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 31, 2021[update]. 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 31, 2020[update]. 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 31, 2019[update]. 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 31, 2018[update]. 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 31, 2017[update]. 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 31, 2016[update]. 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 31, 2015[update]. 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 31, 2014[update]. 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

1. ↑ 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]
2. ↑ Meta was formerly Facebook Inc. and traded as Facebook, Inc. at the time it first reached a $1tn capitalization
3. ↑ 3.0 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 Note that in case some companies with multiple classes of stock only one class is considered.

## References

1. ↑ 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.
2. ↑ Investopedia Staff (7 January 2004). "Market Capitalization Defined" (in en-US). Investopedia. http://www.investopedia.com/articles/basics/03/031703.asp.
3. ↑ 3.0 3.1 "FT 500 2015 Introduction and methodology". Financial Times. 19 June 2015. http://www.ft.com/cms/s/2/1fda5794-169f-11e5-b07f-00144feabdc0.html.
4. ↑ "Companies ranked by Market Cap - CompaniesMarketCap.com" (in en-us). https://companiesmarketcap.com/.
5. ↑ 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.
6. ↑ "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.
7. ↑ "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.
8. ↑ "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/.
9. ↑ 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.
10. ↑ 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.
11. ↑ 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.
12. ↑ 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/.
13. ↑ 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/.
14. ↑ "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.
15. ↑ 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.
16. ↑ 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.
17. ↑ "PetroChina opens at 48.6 yuan per share in Shanghai debut, up 191%". http://news.xinhuanet.com/english/2007-11/05/content_7013704.htm.
18. ↑ "Apple market value hits $601B". Yahoo Finance. 10 April 2012. https://finance.yahoo.com/news/apple-market-value-hits-600b-151007997.html.
19. ↑ "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.
20. ↑ "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/.
21. ↑ 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.
22. ↑ 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.
23. ↑ 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.
24. ↑ 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.
25. ↑ 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.
26. ↑ "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/.
27. ↑ "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.
28. ↑ 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/.
29. ↑ 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.
30. ↑ 30.00 30.01 30.02 30.03 30.04 30.05 30.06 30.07 30.08 30.09 30.10 30.11 30.12 30.13 30.14 30.15 30.16 30.17 30.18 30.19 30.20 30.21 30.22 30.23 "Apple Market Cap". https://ycharts.com/companies/AAPL/market_cap.
31. ↑ 31.00 31.01 31.02 31.03 31.04 31.05 31.06 31.07 31.08 31.09 31.10 31.11 31.12 31.13 31.14 31.15 31.16 31.17 31.18 31.19 31.20 31.21 31.22 31.23 31.24 "Microsoft Market Cap". https://ycharts.com/companies/MSFT/market_cap.
32. ↑ 32.00 32.01 32.02 32.03 32.04 32.05 32.06 32.07 32.08 32.09 32.10 32.11 32.12 32.13 32.14 32.15 32.16 32.17 32.18 32.19 32.20 32.21 32.22 32.23 32.24 32.25 32.26 32.27 32.28 32.29 32.30 32.31 "Alphabet Market Cap (GOOG)". https://ycharts.com/companies/GOOG/market_cap.
33. ↑ 33.00 33.01 33.02 33.03 33.04 33.05 33.06 33.07 33.08 33.09 33.10 33.11 33.12 33.13 33.14 33.15 33.16 33.17 33.18 33.19 33.20 33.21 33.22 33.23 33.24 "Amazon.com Cap". https://ycharts.com/companies/AMZN/market_cap.
34. ↑ 34.0 34.1 34.2 34.3 34.4 34.5 34.6 "Nvidia Market Cap | NVDA". https://ycharts.com/companies/NVDA/market_cap.
35. ↑ 35.00 35.01 35.02 35.03 35.04 35.05 35.06 35.07 35.08 35.09 35.10 35.11 35.12 35.13 35.14 35.15 35.16 35.17 35.18 35.19 35.20 35.21 35.22 35.23 35.24 35.25 35.26 35.27 35.28 35.29 35.30 35.31 35.32 35.33 "Berkshire Hathaway". https://ycharts.com/companies/BRK.A/market_cap.
36. ↑ 36.00 36.01 36.02 36.03 36.04 36.05 36.06 36.07 36.08 36.09 36.10 36.11 "Tesla Market Cap | TSLA". https://ycharts.com/companies/TSLA/market_cap.
37. ↑ 37.0 37.1 "Facebook Market Cap". https://ycharts.com/companies/META/market_cap.
38. ↑ 38.00 38.01 38.02 38.03 38.04 38.05 38.06 38.07 38.08 38.09 38.10 38.11 38.12 38.13 38.14 38.15 38.16 38.17 38.18 38.19 38.20 "Facebook Market Cap". https://ycharts.com/companies/FB/market_cap.
39. ↑ 39.00 39.01 39.02 39.03 39.04 39.05 39.06 39.07 39.08 39.09 "Taiwan Semiconductor Manufacturing Market Cap | TSM". https://ycharts.com/companies/TSM/market_cap.
40. ↑ 40.0 40.1 "Eli Lilly Market Cap". https://ycharts.com/companies/LLY/market_cap.
41. ↑ 41.0 41.1 41.2 41.3 41.4 "Visa Market Cap". https://ycharts.com/companies/V/market_cap.
42. ↑ 42.0 42.1 42.2 42.3 "UnitedHealth Group Market Cap". https://ycharts.com/companies/UNH/market_cap.
43. ↑ 43.00 43.01 43.02 43.03 43.04 43.05 43.06 43.07 43.08 43.09 43.10 "Johnson & Johnson Market Cap". https://ycharts.com/companies/JNJ/market_cap.
44. ↑ "Exxon Mobil Market Cap". https://ycharts.com/companies/XOM/market_cap.
45. ↑ 45.00 45.01 45.02 45.03 45.04 45.05 45.06 45.07 45.08 45.09 45.10 45.11 45.12 45.13 45.14 45.15 45.16 45.17 "Tencent Holdings Market Cap". https://ycharts.com/companies/TCTZF/market_cap.
46. ↑ "Meta Platforms Market Cap". https://ycharts.com/companies/META/market_cap.
47. ↑ 47.00 47.01 47.02 47.03 47.04 47.05 47.06 47.07 47.08 47.09 47.10 47.11 47.12 47.13 47.14 47.15 "Alibaba Group Holding Market Cap (BABA)". https://ycharts.com/companies/BABA/market_cap.
48. ↑ 48.0 48.1 48.2 48.3 48.4 48.5 48.6 "Visa Mobil Market Cap". https://ycharts.com/companies/V/market_cap.
49. ↑ 49.0 49.1 49.2 49.3 49.4 49.5 49.6 "JPMorgan Chase Market Cap". https://ycharts.com/companies/JPM/market_cap.
50. ↑ 50.0 50.1 "Alphabet Inc. Market Cap Class A". https://ycharts.com/companies/GOOGL/market_cap.
51. ↑ "Exxon Mobil Market Cap". https://ycharts.com/companies/XOM/market_cap.
52. ↑ "Financial Times FT500 2017-04-01". https://markets.ft.com/data/dataarchive/ajax/fetchreport?reportCode=GMKT&documentKey=688_GMKT_170401.
53. ↑ "Financial Times FT500 2017-06-30". https://markets.ft.com/data/dataarchive/ajax/fetchreport?reportCode=GMKT&documentKey=688_GMKT_170630.
54. ↑ "Financial Times FT500 2017-09-29". https://markets.ft.com/data/dataarchive/ajax/fetchreport?reportCode=GMKT&documentKey=688_GMKT_170929.
55. ↑ 55.0 55.1 "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.
56. ↑ "Financial Times FT500 2016-03-31". http://markets.ft.com/Research/Markets/DataArchiveFetchReport?Category=&Type=GMKT&Date=03/31/2016.
57. ↑ "Financial Times FT500 2016-06-16". https://markets.ft.com/data/dataarchive/ajax/fetchreport?reportCode=GMKT&documentKey=688_GMKT_300616.
58. ↑ "Financial Times FT500 2016-09-30". https://markets.ft.com/data/dataarchive/ajax/fetchreport?reportCode=GMKT&documentKey=688_GMKT_160930.
59. ↑ "Financial Times FT500 2016-12-31". https://markets.ft.com/data/dataarchive/ajax/fetchreport?reportCode=GMKT&documentKey=688_GMKT_161231.
60. ↑ "Financial Times". http://im.ft-static.com/content/images/b38c350e-169d-11e5-b07f-00144feabdc0.xls.
61. ↑ "Financial Times". http://im.ft-static.com/content/images/3738dd34-35da-11e5-b05b-b01debd57852.xls.
62. ↑ "FT500". http://markets.ft.com/Research/Markets/DataArchiveFetchReport?Category=&Type=GMKT&Date=09/30/2015.
63. ↑ "FT500". http://markets.ft.com/Research/Markets/DataArchiveFetchReport?Category=&Type=GMKT&Date=12/31/2015.
64. ↑ 376,801.4 if unlisted classes of shares included, see http://im.ft-static.com/content/images/b2a77270-169d-11e5-b07f-00144feabdc0.xls
65. ↑ "Financial Times". http://im.ft-static.com/content/images/7097ad1a-fded-11e3-bd0e-00144feab7de.xls.
66. ↑ "Financial Times". http://im.ft-static.com/content/images/632d8aa6-05da-11e4-9baa-00144feab7de.xls.
67. ↑ "Financial Times". http://im.ft-static.com/content/images/e563a0fa-4e14-11e4-adfe-00144feab7de.xls.
68. ↑ "Financial Times". http://im.ft-static.com/content/images/07b13826-9739-11e4-9636-00144feabdc0.xls.
69. ↑ "Financial Times". http://www.ft.com/intl/cms/67c810a4-ae5b-11e2-bdfd-00144feabdc0.pdf.
70. ↑ "Financial Times". http://media.ft.com/cms/9d06140c-3036-11e3-9eec-00144feab7de.pdf.
71. ↑ "Financial Times". http://media.ft.com/cms/5e951442-3037-11e3-9eec-00144feab7de.pdf.
72. ↑ "Financial Times". http://im.ft-static.com/content/images/cc52757a-7492-11e3-9125-00144feabdc0.pdf.
73. ↑ "Financial Times". http://www.ft.com/intl/cms/a81f853e-ca80-11e1-89f8-00144feabdc0.pdf.
74. ↑ "Financial Times". http://www.ft.com/intl/cms/de0a839a-d1cb-11e1-bb82-00144feabdc0.pdf.
75. ↑ "Financial Times". http://www.ft.com/intl/cms/c2a82f60-138b-11e2-9cc7-00144feabdc0.pdf.
76. ↑ "Financial Times Global 500 December 2012". http://www.ft.com/intl/cms/2a53e388-569a-11e2-aa70-00144feab49a.pdf.
77. ↑ "Financial Times". http://media.ft.com/cms/33558890-98d4-11e0-bd66-00144feab49a.pdf.
78. ↑ "Financial Times". http://www.ft.com/intl/cms/fbe463aa-a660-11e0-ae9c-00144feabdc0.pdf.
79. ↑ "Financial Times". http://www.ft.com/intl/cms/f808f946-ef56-11e0-918b-00144feab49a.pdf.
80. ↑ "Financial Times". http://media.ft.com/cms/73f82726-385d-11e1-9f07-00144feabdc0.pdf.
81. ↑ "Financial Times". http://media.ft.com/cms/15951a1e-4899-11df-9a5d-00144feab49a.pdf.
82. ↑ "Financial Times". http://media.ft.com/cms/620e79e8-8837-11df-a4e7-00144feabdc0.pdf.
83. ↑ "Financial Times". http://media.ft.com/cms/8ec77a3e-d549-11df-8e86-00144feabdc0.pdf.
84. ↑ "Financial Times". http://media.ft.com/cms/253867ca-1a60-11e0-b003-00144feab49a.pdf.
85. ↑ "Financial Times". http://media.ft.com/cms/25ee9d0e-2905-11de-bc5e-00144feabdc0.pdf.
86. ↑ "Financial Times". http://media.ft.com/cms/27fa616e-6c76-11de-a6e6-00144feabdc0.pdf.
87. ↑ "Financial Times". http://media.ft.com/cms/9503137a-be59-11de-9195-00144feab49a.pdf.
88. ↑ "Financial Times". http://media.ft.com/cms/419e021c-fecd-11de-91d7-00144feab49a.pdf.
89. ↑ "Financial Times". http://media.ft.com/cms/7f24a88e-0faa-11dd-8871-0000779fd2ac.pdf.
90. ↑ "Financial Times". http://media.ft.com/cms/1ec66660-48eb-11dd-9a5f-000077b07658.pdf.
91. ↑ "Financial Times". http://media.ft.com/cms/eee5847a-9085-11dd-8abb-0000779fd18c.pdf.
92. ↑ "Financial Times". http://media.ft.com/cms/b5e2c024-dd89-11dd-930e-000077b07658.pdf.
93. ↑ "Financial Times". http://media.ft.com/cms/4608ca30-e788-11db-8098-000b5df10621,dwp_uuid=f1db8aa0-4d1f-11da-ba44-0000779e2340.pdf.
94. ↑ "Financial Times". http://media.ft.com/cms/6aec81f8-2bd9-11dc-b498-000b5df10621,dwp_uuid=95d63dfa-257b-11dc-b338-000b5df10621.pdf.
95. ↑ "Financial Times". http://media.ft.com/cms/018dd1ea-758e-11dc-b7cb-0000779fd2ac,dwp_uuid=95d63dfa-257b-11dc-b338-000b5df10621.pdf.
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98. ↑ "Financial Times". http://media.ft.com/cms/8bd31770-0a7d-11db-b595-0000779e2340.pdf.
99. ↑ "Financial Times". http://media.ft.com/cms/d6af3604-51f2-11db-bce6-0000779e2340,dwp_uuid=95d63dfa-257b-11dc-b338-000b5df10621.pdf.
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105. ↑ "Help - FT Help - FT.com What happened to Press Cuttings?". http://specials.ft.com/ft500/may2001/FT36H8Z8KMC.html.
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107. ↑ "Biggest companies in the world by market cap 1999". https://www.statista.com/statistics/1261140/biggest-companies-in-the-world-by-market-cap-1999/.
108. ↑ "Help - FT Help - FT.com What happened to Press Cuttings?". http://specials.ft.com/ln/ftsurveys/q3542.htm.
109. ↑ Financial Times, 22 January 1998
110. ↑ Financial Times, January 1997

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