10 Biggest & Most Valuable Companies in the World

The largest companies in the world in terms of revenue encompass both emerging, high-growth industries and established, slower-growing sectors such as e-commerce, technology devices, oil, and retail. Regardless of their specific industry, each of these companies holds a position of dominance and influence.

These ten companies, ranked by their 12-month trailing (TTM) revenue, showcase an impressive range of industries. It’s important to note that this list specifically includes publicly traded companies in the United States or Canada, either directly or through American Depositary Receipts (ADRs).

Certain foreign companies may have longer lag times in reporting their financial data, often on a semiannual basis. It is worth mentioning that two notable companies, namely Saudi Aramco, the state oil company of Saudi Arabia, and State Grid, the Chinese state-owned electric utility, are not included in this list. The reason for their exclusion is that their stocks are not publicly traded in the United States or Canada.

All the data presented in this narrative is sourced from YCharts and reflects the information available as of January 2023.

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#1 Walmart Inc. (WMT)

Revenue (TTM): $600.11 billion
Net Income (TTM): $8.97 billion
Market Cap: $390.66 billion
1-Year Trailing Total Return: 1.75%
Exchange: New York Stock Exchange

Established in 1962, Walmart has expanded significantly to become one of the globe’s leading retail giants. Its operations encompass discount stores, supercenters, neighborhood markets, and a robust online platform. Walmart offers an extensive range of products, spanning from clothing, home goods, books, and jewelry to food and beverages, pharmaceutical supplies, and automotive equipment.

#2 Amazon.com Inc. (AMZN)

Revenue (TTM): $502.19 billion
Net Income (TTM): $11.32 billion
Market Cap: $916.82 billion
1-Year Trailing Total Return: -44.35%
Exchange: NASDAQ

With the largest market capitalization among online retailers worldwide, Amazon initially emerged as an online bookseller and has progressively expanded its reach across nearly every retail category. In addition to facilitating product sales through its e-commerce platform, Amazon has acquired subsidiaries such as Whole Foods Market and the home security company Ring. Notably, Amazon’s areas of business experiencing rapid growth include cloud computing services, subscription offerings like Amazon Prime, and the streaming of movies and other forms of entertainment..

#3 China Petroleum Chemical Corp. (SNPMF)

Revenue (TTM): $486.84 billion
Net Income (TTM): $10.47 billion
Market Cap: $60.32 billion
1-Year Trailing Total Return: 19.61%
Exchange: OTC Markets

China Petroleum Chemical, commonly known as Sinopec, is a prominent global entity engaged in the production and distribution of diverse petrochemical and petroleum products. Its extensive range of offerings encompasses gasoline, diesel, kerosene, synthetic rubbers, resins, jet fuel, chemical fertilizers, and more. Recognized as one of the largest oil refining, gas, and petrochemical companies worldwide, China Petroleum Chemical operates under the administration of the State Council of the People’s Republic of China.

#4 PetroChina Co. Ltd. (PCCYF)

Revenue (TTM): $486.40 billion
Net Income (TTM): $20.89 billion
Market Cap: $82.73 billion
1-Year Trailing Total Return: 15.24%
Exchange: OTC Markets

PetroChina, an oil and gas company, is involved in various activities including oil exploration, development, production, and sales, as well as the manufacturing of petrochemical products. Serving as the publicly traded arm of the Chinese state-owned China National Petroleum Corporation, PetroChina operates within the energy sector.

#5 Apple Inc. (AAPL)

Revenue (TTM): $394.33 billion
Net Income (TTM): $99.80 billion
Market Cap: $2.08 trillion
1-Year Trailing Total Return: -23.64%
Exchange: NASDAQ

Apple engages in the design, manufacturing, and marketing of a diverse array of consumer technology products, encompassing smartphones, personal computers, tablets, wearable devices, home entertainment devices, and more. Notably, its iPhone line of smartphones and Mac line of computers have garnered substantial popularity. Additionally, Apple has been developing a rapidly expanding services division, which includes operating digital content stores, offering streaming video games, and providing streaming services such as Apple+. This platform caters to the demand for on-demand entertainment content.

#6 Exxon Mobil Corp. (XOM)

Revenue (TTM): $386.82 billion
Net Income (TTM): $51.86 billion
Market Cap: $453.38 billion
1-Year Trailing Total Return: 67.12%
Exchange: New York Stock Exchange

ExxonMobil, a Texas-based multinational corporation, operates in the oil and gas sector. It engages in exploration activities, markets its products, or both, across numerous countries worldwide. Recognizable gasoline stations under various brand names like ExxonMobil, Esso, Exxon, or Mobil can be found globally, catering to drivers. The corporate name of ExxonMobil is a result of a significant merger in 1999, which united two industry giants.

#7 Shell PLC (SHEL)

Revenue (TTM): $365.29 billion
Net Income (TTM): $43.36 billion
Market Cap: $204.03 billion
1-Year Trailing Total Return: 27.58%
Exchange: New York Stock Exchange

Royal Dutch Shell, headquartered in the Netherlands, is actively involved in the exploration, production, and refining of petroleum through its subsidiary companies. Alongside its global network of gas stations, Shell manufactures and markets fuels, lubricants, and various chemical products.

#8 CVS Health Corp. (CVS)

Revenue (TTM): $315.23 billion
Net Income (TTM): $3.15 billion
Market Cap: $119.11 billion
1-Year Trailing Total Return: -11.75%
Exchange: New York Stock Exchange

CVS is a comprehensive healthcare provider specializing in pharmacy services. The company manages a network of drugstores across the United States and Puerto Rico. In addition to its retail operations, CVS offers services such as pharmacy benefit management, mail order pharmacy, and disease management programs.

#9 UnitedHealth Group Inc. (UNH)

Revenue (TTM): $313.13 billion
Net Income (TTM): $19.43 billion
Market Cap: $454.09 billion
1-Year Trailing Total Return: 5.87%
Exchange: New York Stock Exchange

Headquartered in Minnetonka, Minnesota, UnitedHealth Group Inc. is a global healthcare and insurance company. It specializes in offering managed healthcare insurance policies to individuals, government employers, and companies. UnitedHealth operates through a network of contracted medical groups who provide healthcare services to its customers. Apart from its extensive operations in the United States, the company has subsidiary operations in various other countries, including Brazil, India, Ireland, the Philippines, and the United Kingdom.

#10 Volkswagen AG (VWAGY)

Revenue (TTM): $288.45 billion
Net Income (TTM): $18.47 billion
Market Cap: $85.85 billion
1-Year Trailing Total Return: -35.01%
Exchange: OTC

The German company engages in the construction, sale, and repair of a wide range of vehicles, including luxury and economy cars, sports cars, trucks, and other commercial vehicles. Audi, a distinguished luxury brand, stands as Volkswagen’s flagship offering.

Originally published at 'Business d’Or' on May 13, 2023