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Top 10 Biggest Companies In The World 2024
Want to know which is the largest company in the world by revenue in 2024? The world’s largest companies represent relatively new, fast-growing industries. Walmart has been the world’s largest revenue generating company for many years. Here we have compiled a list of the top 10 biggest companies in the world in 2024 by revenue. Let’s see!
Revenue is the total amount of income a company generates from the sale of goods or services. Unlike earnings, no expenses are deducted.
10. Exxon Mobil
Revenue: $346.1 billion
ExxonMobil Corporation is an American multinational oil and gas corporation and the largest direct descendant of John D. Rockefeller’s Standard Oil. According to the latest financial reports of Exxon Mobil, the company’s current revenue is $346.1 billion.
ExxonMobil is headquartered near the Houston suburb of Spring, Texas, although it is officially incorporated in the US state of New Jersey. It is the largest oil and gas producing company based in the United States. ExxonMobil is the 10th largest company in the world by revenue and the third largest in the US.
ExxonMobil is one of the largest and most powerful companies in the world. Since its merger, the company has grown from the first to the tenth largest publicly traded company by revenue, and has the highest market capitalization of any company.
In the most recent rankings released in the Fortune 500, ExxonMobil was ranked third in the Fortune Global 500 and twelfth. It is the world’s largest investor-owned oil company, the largest oil company headquartered in the Western world.
- Headquarters: Unincorporated Harris County near Spring, Texas, U.S.
- Employees: 63,000
- Market Cap: $400.4 billion
See Also: Largest Oil Reserves In The World
09. CVS Health
Revenue: $347.8 billion
CVS Health Corporation is an American health solutions company that owns CVS Pharmacy, a retail pharmacy chain. The company is headquartered in Woonsocket, Rhode Island. It is the 9th largest company in the world in terms of revenue, with a revenue of more than $347.8 billion.
Consumer Value Stores (CVS) was founded in 1963 by three partners. Who grew the enterprise from the parent company, Marc Stevens, Inc., which helped retailers manage their health and beauty aid product lines.
The business began as a chain of health and beauty aid stores, but within several years, pharmacies were added. It is the world’s largest healthcare company and owns the retail pharmacy chain CVS Pharmacy; CVS Caremark, a pharmacy benefits manager; and health insurance provider Aetna, among many other brands.
- Headquarters: 1 CVS Drive, Woonsocket, Rhode Island, United States
- Employees: 259,500
- Market Cap: $96.1 billion
08. UnitedHealth Group
Revenue: $359.9
UnitedHealth Group Incorporated is an American multinational health insurance and services company based in Minnetonka, Minnesota. UnitedHealthcare offers insurance products, and Optum offers health care services and care delivery aided by technology and data.
According to the latest financial reports of UnitedHealth, the company’s current revenue is $359.98 billion. Revenue is the total amount of income that a company generates from the sale of goods or services. UnitedHealth is the eighth largest company in the world by revenue.
UnitedHealth has a market capitalization of $478.13 billion, making UnitedHealth the 16th most valuable company in the world by market cap. Market capitalization, commonly called market cap, is the total market value of a publicly traded company’s outstanding shares.
- Headquarters: Minnetonka, Minnesota, United States
- Employees: 400,000
- Market Cap: $478.1 billion
07. Apple
Revenue: $385.7
Apple is an American multinational technology company headquartered in Cupertino, California, Silicon Valley. It designs, develops, and sells consumer electronics, computer software, and online services. It is one of the five largest American information technology companies, along with Alphabet, Amazon, Meta, and Microsoft.
Apple’s devices include the iPhone, iPad, Mac, Apple Watch, and Apple TV; Operating systems include iOS and macOS; And software applications and services include iTunes, iCloud, and Apple Music.
Apple is the second largest company in the world in terms of market capitalization. It is the largest technology company by revenue with US$385.7 billion. As of June 2022, Apple was the fourth-largest personal computer vendor by unit sales, the largest manufacturing company by revenue, and the second-largest manufacturer of mobile phones in the world.
- Headquarters: 1 Apple Park Way Cupertino, California, United States
- Employees: 164,000
- Market Cap: $2.8 trillion
06. Berkshire Hathaway
Revenue: $401.7 billion
Berkshire Hathaway is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. According to the latest financial reports of Berkshire Hathaway the company’s current revenue is $401.7 billion. Revenue is the total amount of income that a company generates from the sale of goods or services. Unlike earnings, no expenses are deducted.
Berkshire Hathaway’s market cap is $865 billion. This makes Berkshire Hathaway the 8th most valuable company in the world by market cap, according to our data.
Market capitalization, commonly called market cap, is the total market value of a publicly traded company’s outstanding shares and is commonly used to measure how much a company is worth.
Founded in 1839 as a textile manufacturer, it underwent an extensive restructuring in 1965 into a conglomerate led by Chairman and CEO Warren Buffett and Vice Chairman Charlie Munger. The company’s core business and source of capital is insurance, from which it invests in subsidiaries, equity positions and a broad portfolio of other securities.
- Headquarters: Blackstone Plaza, Omaha, Nebraska, United States
- Employees: 383,000
- Market Cap: $865.2 billion
See Also: Largest Retailers In The World
05. PetroChina
Revenue: $435.3 billion
PetroChina is a Chinese oil and gas company and listed arm of the state-owned China National Petroleum Corporation (CNPC). The company is headquartered in Dongcheng District, Beijing and is currently Asia’s largest oil and gas producer.
The mainland enterprise, traded in Hong Kong and New York, announced its plans to issue shares in Shanghai in November 2007, and subsequently entered the component of the SSE 50 index. PetroChina ranks 5th among the top 10 biggest companies in the world by revenue in 2024.
As part of the restructuring of CNPC, PetroChina was established on 5 November 1999 as a joint-stock company with limited liabilities under the Company Law of the People’s Republic of China.
In the restructuring, CNPC injected the majority of CNPC’s assets and liabilities related to its exploration and production, refining and marketing, chemicals and natural gas businesses into PetroChina.
- Headquarters: Beijing, China
- Employees: 1.08 million
- Market Cap: $201.5 billion
04. Sinopec Group
Revenue: $473.5 billion
Sinopec Group is the world’s largest oil refining, gas and petrochemical conglomerate, administered by SASAC under the State Council of the People’s Republic of China. Its headquarters is in Chaoyangmenwai in Beijing, across the street from the headquarters of fellow state-owned oil company and competitor CNOOC Group.
Sinopec Group (China Petrochemical Corporation) ranked second on the Fortune Global 500 list in 2020, with revenues of more than US$407 billion. It is listed in Hong Kong and also traded in Shanghai and New York. Sinopec will be the fifth largest company in the world by revenue in 2024.
According to Sinopec’s latest financial reports the company’s current revenue is $473.53B. Revenue is the total amount of income that a company generates from the sale of goods or services. Unlike earnings, no expenses are deducted.
- Headquarters: Beijing, China
- Employees: 527,487
- Market Cap: $91.8 billion
03. Saudi Aramco
Revenue: $502.3 billion
Saudi Aramco is one of the top 10 largest companies in the world in 2024 by revenue. It is a Saudi Arabian public petroleum and natural gas company based in Dhahran. It has repeatedly achieved the largest annual profits in global corporate history.
Saudi Aramco has the world’s second largest proven crude oil reserves, more than 270 billion barrels (43 billion cubic metres), and the largest daily oil production of all oil producing companies.
It is the largest contributor to global carbon emissions of any company in the world since 1965. On May 11, 2022, Saudi Aramco became the world’s largest (most valuable) company by market cap, surpassing Apple Inc. Left behind.
Saudi Aramco operates the Master Gas System, the world’s largest single hydrocarbon network. Along with the Eastern Province, Saudi Aramco notably operates the Ghawar Field (the world’s largest onshore oil field) and the Safaniya Field (the world’s largest offshore oil field).
- Headquarters: Dhahran, Saudi Arabia
- Employees: 70,496
- Market Cap: $2.06 trillion
02. Amazon
Revenue: $554 billion
Amazon is an American multinational technology company that focuses on e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. It is considered one of the five largest American technology companies (Google, Apple, Meta, and Microsoft).
Jeff Bezos founded Amazon on July 5, 1994, out of his garage in Bellevue, Washington. It began as an online marketplace for books, but expanded to sell electronics, software, video games, apparel, furniture, food, toys, and jewellery.
The company has several subsidiaries, including cloud computing provider Amazon Web Services, self-driving car division Zoox, satellite internet provider Kuiper Systems, and computer hardware R&D provider Amazon Lab126. Other subsidiaries include Ring, Twitch, IMDb, and Whole Foods Market. Amazon is the second largest company in the world by revenue in 2024.
- Headquarters: Washington, United States
- Employees: 1.52 million
- Market Cap: $1.77 trillion
See Also: Largest Economies In The World
01. Walmart
Revenue: $638.7 billion
Walmart is the largest company in the world by revenue, with annual revenues of approximately US$638.7 billion. It is also the world’s largest private employer with 2.1 million employees, headquartered in Bentonville, Arkansas.
Walmart is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores in the United States.
The company was founded by brothers Sam and James “Bud” Walton in 1962 in nearby Rogers, Arkansas and incorporated under Delaware general corporation law on October 31, 1969. It also owns and operates Sam’s Club retail warehouses.
The company operates under the name Walmart in the United States and Canada, under the name Walmart de Mexico y Centroamerica in Mexico and Central America, and under the name Flipkart Wholesale in India. It has wholly owned operations in Chile and a majority stake in MasSmart in South Africa.
- Headquarters: Bentonville, Ark U.S.
- Employees: 2.1 million
- Market Cap: $451.7 billion
Hi, audience here a list of top 10 largest companies in the world.
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