This list includes the largest companies in the world after consolidated sales as of 2018, according to the Fortune Global 500. American retailer Walmart has been the largest company in the world since 2014.
The list is limited to 50 companies, all of which have annual sales of more than $ 110 billion. 21 companies come from North America, 16 from Asia and 13 from Europe. Among them are only companies that publish financial data and report numbers to a government agency.
Therefore, this list is incomplete because it excludes large companies such as Cargill, Koch Industries, Kuwait Petroleum Corporation and Saudi Aramco, which do not publish financial information.
Rank
Name
Revenue USD millions
Employees
Flag
1
Walmart
$500,343
2,300,000
United States
2
State Grid
$348,903
913,546
China
3
Sinopec
$326,953
667,793
China
4
China National Petroleum
$326,008
1,636,532
China
5
Royal Dutch Shell
$311,870
84,000
Netherlands United Kingdom
6
Toyota
$265,172
369,124
Japan
7
Volkswagen
$260,028
642,292
Germany
8
BP
$244,582
74,000
United Kingdom
9
Exxon Mobil
$244,363
71,200
United States
10
Berkshire Hathaway
$242,137
377,000
United States
11
Apple
$229,234
123,000
United States
12
Samsung
$211,940
320,671
South Korea
13
McKesson
$208,357
68,000
United States
14
Glencore
$205,476
82,681
Switzerland
15
United Health
$201,159
260,000
United States
16
Daimler
$185,235
289,321
Germany
17
CVS Health
$184,765
203,000
United States
18
Amazon
$177,866
566,000
United States
19
Exor
$161,677
307,637
Italy
20
AT&T
$160,546
254,000
United States
21
General Motors
$157,311
180,000
United States
22
Ford
$156,776
202,000
United States
23
China State Construction
$156,071
270,467
China
24
Foxconn
$154,699
803,126
Taiwan
25
AmerisourceBergen
$153,144
19,500
United States
26
Industrial & Commercial
Bank of China
$153,021
453,048
China
27
AXA
$149,461
95,728
France
28
Total
$149,099
98,277
France
29
Ping An Insurance
$144,197
342,550
China
30
Honda
$138,646
215,638
Japan
31
China Construction Bank
$138,594
370,415
China
32
Trafigura
33
Chevron
$134,533
51,900
United States
34
Cardinal Health
$129,976
40,400
United States
35
Costco
$129,025
182,000
United States
36
SAIC Motor
$128,819
148,767
China
37
Verizon
$126,034
155,400
United States
38
Allianz
$123,532
140,553
Germany
39
Kroger
$122,662
449,000
United States
40
Agricultural Bank of China
$122,366
491,578
China
41
General Electric
$122,274
313,000
United States
42
China Life Insurance
$120,224
170,517
China
43
Walgreens Boots Alliance
$118,214
290,000
United States
44
BNP Paribas
$117,375
189,509
France
45
This list comprises the world's largest companies by consolidated revenue, according to the Fortune Global 500 latest ranking released on August 2, 2021.[2][3] American retail corporation Walmart has been the world's largest company by revenue since 2014.
Japan Post Holdings
$116,616
245,863
Japan
46
Bank of China
$115,423
311,133
China
47
JPMorgan Chase
$113,899
252,539
United States
48
Fannie Mae
$112,394
7,200
United States
49
Gazprom
$111,983
469,600
Russia
50
Tata Group
$110,700
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D
espite challenges brought on by the pandemic, ongoing war and unpredictable markets, the world’s largest public companies managed to boost sales and profits in the last year. Healthy income statements, however, mask a new economic reality which is devoid of government stimulus and features much lower stock values as inflation and a bearish market turn have put a damper on economic recovery.
Forbes Global 2000 ranks the largest companies in the world using four metrics: sales, profits, assets, and market value. Market turbulence has pushed down the minimum market value to be considered for the 2022 list to $7.6 billion compared to $8.26 billion in 2021, but the minimum for all other metrics is up over last year.
Berkshire Hathaway took the No. 1 spot for the first time since Forbes started publishing the Global 2000 in 2003, dethroning the Industrial and Commercial Bank of China, which dropped to No. 2 after nine consecutive years at the top of the list. Big oil rebounded rapidly from last year’s low ranks, boosted by rising oil prices. ExxonMobil is No. 15 this year, up from No. 317 in 2021 and Shell is No. 16, up from No. 324. Both companies saw profits swing back into positive territory after last year’s losses.
As a group, the companies on the 2022 Global 2000 account for $47.6 trillion in revenues, $5.0 trillion in profits, $233.7 trillion in assets and $76.5 trillion in market cap. There are 58 countries represented on the 2022 list. The United States has the most with 590 companies, followed by China/Hong Kong (351) and Japan (196).
We used the latest-12-months’ financial data available to us as of April 22, 2022 to calculate the metrics used for our ranking.
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