Ranked: The 100 Biggest Public Companies in the World

In addition, the company earns revenue through a growing array of hardware products such as the Pixel phones, Fitbit, and the Google Nest home collection. Alphabet also operates its Other Bets segment which includes emerging businesses such as the self-driving car business Waymo. Aramco became the world’s biggest listed company when it floated on Saudi Arabia’s Tadawul stock exchange in December 2019, and would have been bigger than Exxon if it had been a public company a decade ago. Apple surged back to overtake Aramco in July 2020 as the pandemic boosted demand for technology products and services. Focusing too closely on ever-changing share prices, investor sentiment and world events rather than on underlying fundamentals can be misleading. Another noteworthy company in the top ranks is NVIDIA, a specialist in gaming, AI and semiconductors, which recently saw its stock soar to a market capitalization over $1 trillion.

• In January 2022 Apple’s market cap has crossed the $2.535 trillion threshold and today the company holds the #1 position as the most valuable company in the world.
• Visa offers a range of payment products and services, including credit cards, debit cards, prepaid cards, and mobile payments.
• It releases new-generation Windows operating systems, a set of applications to work with documents called Microsoft Office, and many other software programs.

This was largely thanks to record revenues and healthy consumer demand for iPhones, which drive about half of its total revenue. One of the most successful companies of all time is Walmart, which has been around for decades. Power can be measured in many ways, making it difficult to say which company is the most powerful.

Today’s article is about the top 10 of the most valuable companies in the world.

This year sees the fastest rate of brand value growth ever recorded, demonstrating the growing contribution a company’s brand has in driving its economic success. While financial markets have shown significant swings over the last few years, the value of the world’s strongest brands have steadily increased driving customer choice, loyalty and margins. Among the world’s biggest companies, 20 are in tech, spanning a combined market value of $9.2 trillion. For perspective, that’s about 31% of the market value of the 100 largest companies.

So-called stay-at-home companies in e-commerce and digital platforms gained sales and revenue as shutdowns demanded use of new technologies. When vaccines became available and the world economy slowly re-opened, revenue flows shifted again. For years, Apple—also one of the world’s most admired companies—has seen its market cap fall victim to its sales success.

Meta Platforms, Inc. (NASDAQ:META)

UnitedHealth Group Inc. (UHG) is a multinational healthcare company based in Minnetonka, Minnesota. It is one of the largest healthcare companies in the world, with a diverse range of business interests, including health insurance, healthcare services, and technology solutions. The company serves individuals, families, and businesses through its various subsidiaries, including UnitedHealthcare https://forexbox.info/ and Optum. The company is responsible for the exploration, production, refinement, and distribution of oil and natural gas, and it operates a vast network of pipelines and facilities throughout the Middle East. In addition to its core business, Saudi Aramco is involved in many other activities, including petrochemicals, power generation, and water desalination.

The consultancy also looks at brand strength, calculated through a balanced scorecard of metrics evaluating marketing investment, stakeholder equity and business performance. Every year, Brand Finance puts 5,000 of the biggest brands to the test, ranking them across all sectors and countries to produce its Global 500. As things changed, the British became the leading economic power in the 18th and 19th century. As a result, some Dutch and British companies have made it to the list of 15 Most Valuable Companies In History.

Which Industry Has the Most Valuable Companies in the World?

Founded on April 4, 1999, the company provides consumer, business-consumer and business services through web portals, as well as electronic payment services, a search system for customers, and cloud computing. According to the overall estimates, the company employs over 1 million people and has more than $462 billion in assets at the given moment making it one of the biggest companies in the world. Large-cap stocks like these are an important part of every investor’s portfolio. They generally provide more safety and stability than smaller stocks since most of them are established companies with strong brands. Of the six biggest companies in the world, all but Saudi Aramco are American tech firms, and all are worth more than $1 trillion. Aramco’s market valuation was just under $2.43 trillion on Wednesday, according to FactSet, which converted its market cap to dollars.

In a bid to finally compete with Google from a search engine perspective, the company launched its new version of Bing in February, with ChatGPT built in. Apple’s brand value has plummeted 16%, falling below US$300bn and resulting in the tech heavyweight falling to second place. Here, Business Chief takes a look at the top 10 most valuable brands in the world, according to Brand Finance. Another factor that helps companies make it to the list of 15 Most Valuable Companies In History is the era that they operate.

List of 20 Largest Companies in 2023 – Market Cap & Revenue

Since its IPO, however, PetroChina stock hasn’t done very well and the company actually withdrew its listing on the NYSE. In terms of the composition of the 15 Most Valuable Companies In https://investmentsanalysis.info/ History, the majority are tech companies and many exist today. Societal change is now seen not just by leading thinkers, but by the public too, as being a core function of companies.

• Still, being considered one of the world’s leaders in oil production and reserves, the company is surely on its way back to the very top of the most valuable companies.
• Despite the tech downturn of 2022—driven by rising interest rates and slower sales—Apple maintained its top spot.
• Higher interest rates have also hits the value of “growth stocks” such as technology companies, which promise higher returns in the future.
• The company has gained a reputation for its innovative and high-quality products and has a strong brand identity and a loyal customer base.

Its value has been supported by interest and partnership deals with Microsoft, as well as the widespread expectation that AI will be a major source of revenue and growth in the global economy going forward. Aside from its search engine and other web-based products, Google also offers Android operating systems, Google Home smart speakers, and Google Pixel smartphones. With a history of introducing innovative products and technologies, https://bigbostrade.com/ Alphabet Inc. is known for its strong R&D efforts. The company continues to drive growth and success through its diverse portfolio of products and services. Microsoft Corp. (MSFT) is a technology company best known for its Windows operating system and Microsoft Office productivity software suite. Founded by Bill Gates and Paul Allen, Microsoft has grown to become one of the world’s largest and most influential companies.

The company was founded as Standard Oil’s overseas operations and is today owned by the Saudi government. Its upstream segment engages in the exploration and production of crude oil, condensate, natural gas, and natural gas liquids (NGL). The downstream segment is engaged in refining and petrochemical manufacturing, distribution, and power generation. Saudi Aramco also operates a chemicals business that makes products such as aromatics and olefins and complex products such as synthetic rubber. Over the past year, Apple and Microsoft got within arms reach of a $3 trillion market cap, while Tesla and Facebook parent company Meta both reached the $1 trillion milestone for the first time.

With the year coming to a close, it remains to be seen whether the world’s biggest companies stage a comeback in 2023, or face more challenging conditions ahead. It comes as no surprise that many of the biggest companies in the world are long-established players in global markets. Trillions of dollars were erased in public company market capitalizations, investor confidence waned, and cost pressures squeezed consumer pocketbooks. The largest company in the world by revenue is currently the Saudi Arabian Oil Company (also known as Saudi Aramco), a state-owned oil and gas company based in Saudi Arabia.