Biggest Companies in the World by Market Cap

The world's biggest companies by market capitalization range across different market sectors, including technology, energy, financial services, and pharmaceuticals. Most companies in the top 10 generate hundreds of billions of dollars in annual revenue.

However, there are a few that generate less than $100 billion in annual revenue, suggesting that investors are optimistic about the potential growth of these companies compared with others on the list.

Companies are ranked according to TradingView's list of largest companies by market capitalization. All figures, which are also taken from TradingView, are current as of June 20, 2024.

1. Microsoft (MSFT)

• Market Cap: $3.31 trillion
  
• Revenue (TTM): $236.58 billion
• Net Income (TTM): $86.18 billion
  
• 1-year Trailing Total Return: 32.50%
• Exchange: Nasdaq
• Year Founded: 1975

Microsoft is a global developer and licenser of software, devices, and services. The company is well known for its Windows and Office Suite software as well as its Xbox gaming hardware. The company is gaining more of its profits and revenue from cloud computing services, for which it is a market leader.

Microsoft has also made a big play in artificial intelligence (AI), integrating it into its search and Office products, among other applications. In the company's 2023 annual report, Chairman and CEO Satya Nadella writes that, "Every customer solution area and every layer of our tech stack will be reimagined for the AI era. And that’s exactly what we’ve already begun to do."

2. Nvidia (NVDA)

• Market Cap: $3.217 trillion 
  
• Revenue (TTM): $79.77 billion
• Net Income (TTM): $42.60 billion
  
• 1-year Trailing Total Return: 200.64%
• Exchange: Nasdaq
• Year Founded: 1993

Nvidia designs and develops graphics processors and related software. It was a pioneer in the development of the graphics processing unit (GPU), whose initial applications were primarily used for PC graphics and video games. The capabilities of the GPU are now being leveraged for use in AI and machine-learning applications, which accounts for the company's recent growth spurt.

Nvidia's share price rocketed in 2024, thanks mainly to its big exposure to the AI boom. In June 2024, it briefly overtook Microsoft as the most valuable company in the world, reaching a market cap of $3.335 trillion on June 18, 2024.

3. Apple (AAPL)

• Market Cap: $3.215 trillion
• Revenue (TTM): $381.62 billion
• Net Income (TTM): $100.39 billion
  
• 1-year Trailing Total Return: 13.40%
• Exchange: Nasdaq
• Year Founded: 1976

Apple designs, manufactures, and sells a broad range of consumer technology products, including smartphones, personal computers, tablets, wearable devices, home entertainment devices, cloud storage, and more. Some of its most popular products include its iPhone smartphones, Mac computers, and AirPod wireless headphones.

In June 2024, Apple announced that it was introducing Apple Intelligence, its AI functionality, in iPhones, iPads, and Macs.

4. Alphabet (GOOGL/GOOG)

• Market Cap: $2.19 trillion
• Revenue (TTM): $317.92 billion
• Net Income (TTM): $82.41 billion
  
• 1-year Trailing Total Return: 44.20%
• Exchange: Nasdaq
• Year Founded: 1998

Alphabet is the parent of Google, the dominant search engine in the global market. The company offers a range of technologies and digital services, including search, the Android smartphone operating system, the Chrome browser, the Gmail email services, the Google Drive online file storage platform, Google Maps, Google Photos, the Google Play app store, and YouTube.

The company also provides cloud services through Google Cloud and a variety of workspace collaboration tools. In addition, it 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 portfolio of emerging businesses, such as the self-driving car business Waymo.

Like Microsoft, Apple, and just about every tech company on this list, Alphabet is making a play in AI, releasing apps through its deep learning model known as Gemini.

5. Amazon (AMZN)

• Market Cap: $1.94 trillion
  
• Revenue (TTM): $590.74 billion
• Net Income (TTM): $37.68 billion
  
• 1-year Trailing Total Return: 48.12%
• Exchange: Nasdaq
• Year Founded: 1994

Amazon is an ecommerce retailer that sells a broad range of products and services globally and is the world's biggest provider of cloud computing services. Its ecommerce business includes merchandise and content that it purchases for resale from vendors and products offered by third-party sellers.

Amazon Web Services, launched in 2006, generates a substantial portion of the company's operating profits, providing cloud services to businesses, government agencies, and academic institutions.

Amazon offers various subscription services and web services as well, including its cloud computing service and streaming entertainment business. The company also manufactures and sells electronic devices, such as Kindle e-readers, Fire tablets, Fire TV, and Echo and Alexa. In addition, Amazon sells groceries through its subsidiary Whole Foods.

6. Saudi Arabian Oil Co. (2222)

• Market Cap: $1.78 trillion
• Revenue (TTM): $488.35 billion
• Net Income (TTM): $116.77 billion
  
• 1-year Trailing Total Return: -14.90%
• Exchange: Tadawul (Saudi Stock Exchange)
• Year Founded: 1933

Saudi Arabian Oil, commonly known as Aramco, is a Saudi Arabia-based integrated oil and gas company. The company was founded as part of Standard Oil's overseas operations and is owned by the Saudi government.

Aramco operates both upstream and downstream segments. Its upstream segment engages in the exploration and production of crude oil, condensate, natural gas, and natural gas liquids.The downstream segment is engaged in refining and petrochemical manufacturing, distribution, and power generation.

Saudi Aramco also has a chemicals business that makes complex products like synthetic rubber.

7. Meta Platforms (META)

• Market Cap: $1.27 trillion
• Revenue (TTM): $142.71 billion
• Net Income (TTM): $45.76 billion
  
• 1-year Trailing Total Return: 76.95%
• Exchange: Nasdaq
• Year Founded: 2004

Meta Platforms is the parent company of Facebook, the world's largest social media network. Meta provides products and digital platforms that enable individuals and businesses to connect through mobile devices, personal computers, virtual reality headsets, and in-home devices.

In addition to Facebook, it owns Instagram, Messenger, and WhatsApp. The company also operates Reality Labs, which offers augmented and virtual reality (VR) products, and is investing in and building the metaverse, an expansive virtual world that combines aspects of social media, online gaming, augmented reality (AR), VR, and cryptocurrencies.

8. Berkshire Hathaway (BRK.A/BRK.B)

• Market Cap: $884.87 billion
• Revenue (TTM): $368.96 billion
• Net Income (TTM): $73.42 billion
  
• 1-year Trailing Total Return: 19.90%
• Exchange: New York Stock Exchange (NYSE)
• Year Founded: 1839

Berkshire Hathaway began with the merger of two regional textile companies in the 19th century. Only much later was it purchased by legendary investor Warren Buffett and converted into a conglomerate holding company.

Berkshire Hathaway today owns a large number of subsidiaries engaged in insurance, freight rail transportation, retailing, and utility and energy generation and distribution, and other businesses. The company also operates manufacturing businesses that make products for industrial uses, construction, and for consumers.

9. Eli Lilly and Company (LLY)

• Market Cap: $842.05 billion
• Revenue (TTM): $35.93 billion
• Net Income (TTM): $6.14 billion
  
• 1-year Trailing Total Return: 94.94%
• Exchange: NYSE
• Year Founded: 1876

Eli Lilly and Company is one of the world's leading pharmaceutical companies. Often called just Lilly, the company is based in Indianapolis, Ind. It researches, develops, manufactures, and markets pharmaceuticals for the global market.

Lilly's product lines focus on diabetes, oncology, immunology, and neuroscience. It also caters to health markets, offering treatments for COVID-19, male sexual dysfunction, and osteoporosis in menopausal women.

10. Broadcom (AVGO)

• Market Cap: $807.42 billion
• Revenue (TTM): $42.62 billion
• Net Income (TTM): $10.27 billion
  
• 1-year Trailing Total Return: 101.69%
• Exchange: Nasdaq
• Year Founded: 1961

Broadcom designs, develops, and supplies a variety of semiconductor, enterprise software, and security solutions. Its products are used in a wide range of applications, including smartphones, data centers, networking equipment, and broadband devices.

Broadcom’s chips are powering the AI revolution. This has resulted in its share price rocketing over the last year and the Palo Alto-based company becoming one of the world’s biggest companies by market cap.

The Bottom Line

The largest companies in the world today are worth many billions, and in some cases several trillions, of dollars when measured by market capitalization. This makes these companies more valuable than some countries' entire economies.

Today, tech and energy companies dominate the biggest corporations in the world. In decades past, trading companies, railroads, and steelworks held the reins. Time will tell if these high flyers can stay in the top positions and which industries emerge to challenge their coveted positions.