List of largest Brazilian companies

This article lists the largest companies of Brazil in terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes.

## 2023 Fortune list

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This list displays all 9 Brazilian companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2022.[1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.

Rank  | Fortune 500
rank  | Name  | Industry  | Revenue
(USD millions) | Profits
(USD millions) | Employees  | Headquarters

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1  | 71  | Petrobras | Oil and Gas | 124,474  | 36,623  | 45,149  | Rio de Janeiro
2  | 177  | JBS S.A. | Food production | 72,626  | 2,995  | 260,000  | São Paulo
3  | 207  | Banco Itaú Unibanco | Banking | 63,884  | 5,755  | 101,094  | São Paulo
4  | 251  | Banco do Brasil | Banking  | 55,870  | 5,353  | 85,953  | Brasília
5  | 273  | Banco Bradesco | Banking  | 51,587  | 4,066  | 81,222  | Osasco
6  | 301  | Raízen | Energy | 47,721  | 474  | 44,738  | São Paulo
7  | 332  | Vale | Mining | 44,287  | 18,788  | 64,516  | Rio de Janeiro
8  | 406  | Caixa Econômica Federal | Finance | 37,066  | 1,894  | 86,959  | Brasília
9  | 429  | Vibra Energia | Oil and Gas  | 35,155  | 298  | 7,777  | Rio de Janeiro

## 2024 Forbes list

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This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking. The table below also lists the headquarters location and industry sector of each company. The figures are in billions of US dollars and are for the year 2023. All 26 companies from Brazil in the Forbes 2000 are listed.[2]

Rank  | Forbes
2000 rank  | Name  | Headquarters  | Revenue
(billions
US$)  | Profit
(billions
US$)  | Assets
(billions
US$)  | Value
(billions
US$)  | Industry

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1  | 54  | Petrobras | Rio de Janeiro  | 99.4  | 22.3  | 213.2  | 92.6  | Oil and Gas
2  | 86  | Banco Itaú Unibanco | São Paulo  | 67.8  | 6.6  | 525.2  | 63.7  | Banking
3  | 160  | Banco do Brasil | Brasília  | 42.0  | 3.8  | 368.4  | 34.5  | Banking
4  | 181  | Vale | Rio de Janeiro  | 41.8  | 7.8  | 91.5  | 55.4  | Mining
5  | 223  | Banco Bradesco | Osasco | 61.2  | 2.6  | 390.8  | 27.9  | Banking
6  | 302  | BTG Pactual | São Paulo  | 17.0  | 2.1  | 113.4  | 78.8  | Financial services
7  | 652  | Nubank | São Paulo  | 8.1  | 1.3  | 43.8  | 55.6  | Financial services
8  | 831  | JBS S.A. | São Paulo  | 74.2  | 0.4  | 40.8  | 12.7  | Food production
9  | 850  | Eletrobras | Rio de Janeiro  | 7.4  | 0.9  | 52.8  | 18.6  | Utilities
10  | 911  | Suzano Papel e Celulose | Salvador | 7.7  | 1.8  | 28.6  | 12.9  | Pulp and paper
11  | 951  | Raízen | São Paulo  | 44.4  | 0.8  | 25.8  | 6.0  | Energy
12  | 956  | Itaúsa | São Paulo  | 1.5  | 2.7  | 21.7  | 20.7  | Conglomerate
13  | 1106  | WEG Industries | Jaraguá do Sul | 6.7  | 1.2  | 6.4  | 32.5  | Electrical equipment
14  | 1133  | Vibra Energia | Rio de Janeiro  | 33.1  | 1.1  | 8.8  | 5.0  | Oil and Gas
15  | 1145  | XP Inc. | São Paulo  | 3.0  | 0.8  | 51.3  | 11.9  | Financial services
16  | 1224  | Gerdau Cosiga | São Paulo  | 13.4  | 1.3  | 15.4  | 8.0  | Steel
17  | 1295  | Marfrig | São Paulo  | 27.2  | -0.2  | 26.2  | 2.1  | Food production
18  | 1350  | Rede D'Oro Luiz | São Paulo  | 9.7  | 0.5  | 18.2  | 13.7  | Healthcare
19  | 1477  | Ultrapar | São Paulo  | 25.5  | 0.5  | 7.4  | 5.3  | Conglomerate
20  | 1520  | CPFL Energia | Campinas | 8.1  | 1.1  | 15.1  | 7.7  | Utilities
21  | 1652  | CEMIG | Belo Horizonte | 7.4  | 1.2  | 11.3  | 5.8  | Utilities
22  | 1658  | B3 | São Paulo  | 1.8  | 0.8  | 9.8  | 12.2  | Finance
23  | 1727  | Braskem | São Paulo  | 14.0  | -1.2  | 18.7  | 3.0  | Oil and Gas
24  | 1827  | Cosan | Rio de Janeiro  | 7.9  | 0.2  | 28.8  | 5.2  | Energy
25  | 1832  | Metalurgica Gerdau | Porto Alegre | 13.4  | 0.4  | 15.4  | 2.3  | Steel
26  | 1915  | Sabesp | São Paulo  | 5.4  | 0.7  | 13.3  | 10.5  | Waste management
27  | 1984  | Equatorial Energia | São Luís | 8.2  | 0.4  | 20.1  | 7.0  | Utilities

## See also

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* List of companies of Brazil
* List of largest companies by revenue

## References

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1. ^ "Global 500". Fortune. Retrieved 2019-07-25.
2. ^ "The World's Largest Public Companies". Forbes. Retrieved 2019-07-25.