With a market capitalization of 2.75 trillion U.S. dollars as of May 2023, Apple was the world’s largest company that year. Rounding out the top five were some of the world’s most recognizable brands: Microsoft, Saudi Arabian Oil Company (Saudi Aramco), Google’s parent company Alphabet, and Amazon. Saudi Aramco led the ranking of the world's most profitable companies in 2022, with a pre-tax income of more than 300 billion U.S. dollars.
How are market value and market capitalization determined?
Market value and market capitalization are two terms frequently used – and confused - when discussing the profitability and viability of companies. Strictly speaking, market capitalization (or market cap) is the worth of a company based on the total value of all their shares; an important metric when determining the comparative value of companies for trading opportunities. Accordingly, many stock exchanges such as the New York or London Stock Exchange release market capitalization data on their listed companies. On the other hand, market value technically refers to what a company is worth in a much broader context. It is determined by multiple factors, including profitability, corporate debt, and the market environment as a whole. In this sense it aims to estimate the overall value of a company, with share price only being one element. Market value is therefore useful for determining whether a company’s shares are over- or undervalued, and in arriving at a price if the company is to be sold. Such valuations are generally made on a case-by-case basis though, and not regularly reported. For this reason, market capitalization is often reported as market value.
What are the top companies in the world?
The answer to this question depends on the metric used. Although the largest company by market capitalization, Apple’s global revenue did not manage to crack the top five of companies. Rather, American multinational retailer Walmart was ranked as the largest company in the world by revenue. Walmart also had the highest number of employees in the world.
FAQs
In 2018, Apple made history as the first company to reach a $1 trillion market cap. By May 2023, it retained the top spot at $2.75 trillion. The top five included Microsoft, Saudi Aramco, Alphabet, and Amazon.
What are the world largest companies by market cap 2023? ›
In 2018, Apple made history as the first company to reach a $1 trillion market cap. By May 2023, it retained the top spot at $2.75 trillion. The top five included Microsoft, Saudi Aramco, Alphabet, and Amazon.
Which company has the biggest revenue in 2023? ›
Top companies in the world by revenue 2023
With nearly 640 billion U.S. dollars in revenue, Walmart topped the ranking of the hundred largest companies globally, followed by Amazon.
What is the biggest company in the world by market cap 2024? ›
Microsoft is the largest company in the world, with a market cap of $3.13 trillion.
What are the top companies in the world 2023? ›
Microsoft, Apple, Alphabet (the company that owns Google) and Meta Platforms (formerly Facebook) were the top four companies in new statistical ranking of 750 of the world's best companies by Statista and TIME, which are based on a formula of revenue growth, employee-satisfaction surveys, and rigorous environmental, ...
What is the world's largest company by market cap? ›
Who is the richest company in world? ›
10 Richest Companies in the World
- Apple. Apple is the world's most valuable company, with over $2.7 trillion market capitalisation. ...
- Microsoft. Microsoft is one of the most successful technology companies in the world and a leader in the software industry. ...
- Aramco. ...
- Alphabet Inc. ...
- Amazon. ...
- Berkshire Hathaway. ...
- Tesla. ...
- Tencent.
Reliance Industries, a conglomerate holding company, is the largest company in India by market cap. It operates in various sectors, including energy, petrochemicals, textiles, natural resources, retail, and telecommunications.
What is the top 1 powerful company in the world? ›
Top 10 Companies by Market Cap in 2024
| Company | Sector | Market Cap (in USD) |
|---|
| #1 Microsoft | Technology | $3.1 trillion |
| #2 Apple | Technology | $2.68 trillion |
| #3 Nvidia | Technology | $2.21 trillion |
| #4 Saudi Aramco | Oil & Gas | $2.01 trillion |
6 more rowsMar 19, 2024
Company value is often measured by market capitalization or the value of all shares in the market. Microsoft, Apple, and Saudi Aramco are the top three global companies, each with market caps of over $2 trillion each.
Among the largest companies were Microsoft ($3 trillion market cap), Apple ($2.87 trillion market cap), Saudi Arabian Oil Company ($2 trillion market cap), Amazon ($1.87 trillion market cap), and Alphabet Inc.
Which is the largest stock market in the world 2023? ›
Countries with largest stock markets globally 2023
The New York Stock Exchange (NYSE) and the NASDAQ are the largest stock exchange operators worldwide.
What is the big company in 2023? ›
Data and Highlights
| Company | Sector | Market Cap (USD billions) |
|---|
| Microsoft | Information Technology | $2,382 |
| Saudi Aramco | Energy | $2,222 |
| Alphabet | Communication Services | $1,636 |
| Amazon | Consumer Discretionary | $1,385 |
46 more rowsAug 20, 2023
The world has witnessed a formidable rise in global equity markets since 2003, reaching a staggering total market capitalisation of $109 trillion in 2023. The U.S. reigns supreme, holding a 42.5% share of this massive market, significantly outpacing the European Union, its nearest competitor.
What is the best stock in the world 2023? ›
100 Best Stocks 2023: Nvidia, Meta Make The List
| Rank | Company | Ticker |
|---|
| 1 | AbercrmFitch | ANF |
| 2 | Vertiv | VRT |
| 3 | SuperMicro | SMCI |
| 4 | Nvidia | NVDA |
42 more rowsDec 29, 2023
