Forbes Global 2000
The Forbes Global 2000 is an annual ranking of the top 2000 public companies in the world, published by Forbes magazine. "The Global 2000" annual ranking is assembled by Forbes using a weighted assessment of four metrics: sales, profit, assets and market value.[1] The list has been published annually since 2003.
By country
Forbes Global 2000 as of 2023:[2][3]
2023 list
In 2023, the ten largest companies as calculated by this method were:[4]
Rank | Company | Headquarters | Industry | Sales (billion $) | Profits (billion $) | Assets (billion $) |
---|---|---|---|---|---|---|
1 | JPMorgan Chase[5] | New York | Banking, financial services | 179.93 | 41.8 | 3700 |
2 | Saudi Aramco | Dhahran | Oil and gas | 589.47 | 156.36 | 653.9 |
3 | Industrial and Commercial Bank of China | Beijing | Banking, financial services | 216.77 | 52.47 | 6,100 |
4 | China Construction Bank | Beijing | Banking, financial services | 203.08 | 48.25 | 5,000 |
5 | Agricultural Bank of China | Beijing | Banking, financial services | 186.14 | 37.92 | 5400 |
6 | Bank of America | Charlotte | Banking, financial services | 133.84 | 28.62 | 3200 |
7 | Alphabet[6] | Mountain View, California | Internet | 282.85 | 58.59 | 369.5 |
8 | ExxonMobil | Spring, Texas | Oil and gas | 393.16 | 61.69 | 369.4 |
9 | Microsoft | Redmond | Software | 207.59 | 69.02 | 380.1 |
10 | Apple Inc. | Cupertino | Software | 385.1 | 94.32 | 332.2 |
2022 list
In 2022, the ten largest companies as calculated by this method were:[7]
Rank | Company | Headquarters | Industry | Sales (billion $) | Profits (billion $) | Assets (billion $) | Market value (billion $) |
---|---|---|---|---|---|---|---|
1 | Berkshire Hathaway | Omaha | Conglomerate | 276.1 | 89.9 | 958.8 | 741.5 |
2 | Industrial and Commercial Bank of China | Beijing | Banking, financial Service | 208.1 | 54.0 | 5,518.5 | 214.4 |
3 | Saudi Aramco | Dhahran | Oil and gas | 400.4 | 105.4 | 576.0 | 2,292.1 |
4 | JPMorgan Chase | New York | Banking, financial services | 124.5 | 42.1 | 3,954.7 | 374.5 |
5 | China Construction Bank | Beijing | Banking, financial services | 202.1 | 46.9 | 4,747.0 | 181.3 |
6 | Amazon.com, Inc. | Seattle | Conglomerate | 469.8 | 33.4 | 420.6 | 1,468.4 |
7 | Apple Inc. | Cupertino | Computer software | 678.7 | 100.6 | 381.2 | 2,640.3 |
8 | Agricultural Bank of China | Beijing | Banking, financial services | 181.4 | 37.4 | 4,561.1 | 133.4 |
9 | Bank of America | Charlotte | Banking, financial services | 96.8 | 31.0 | 3,238.2 | 303.1 |
10 | Toyota Motor | Toyota, Aichi | Automotive | 281.8 | 28.2 | 552.5 | 237.7 |
2021 list
In 2021, the ten largest companies as calculated by this method were:[8]
Rank | Company | Headquarters | Industry | Sales (billion $) | Profits (billion $) | Assets (billion $) | Market value (billion $) |
---|---|---|---|---|---|---|---|
1 | Industrial and Commercial Bank of China | Beijing | Banking, financial Service | 190.5 | 45.8 | 4914.7 | 249.5 |
2 | JPMorgan Chase | New York City | Banking, financial services | 136.2 | 40.4 | 3689.3 | 464.8 |
3 | Berkshire Hathaway | Omaha | Banking, financial services | 245.5 | 42.5 | 873.7 | 624.4 |
4 | China Construction Bank | Beijing | Banking, financial services | 173.5 | 39.3 | 4301.7 | 210.4 |
5 | Saudi Aramco | Dhahran | Oil and gas | 229.7 | 49.3 | 510.3 | 1897.2 |
6 | Apple Inc. | Cupertino | Computer software | 294 | 63.9 | 354.1 | 2252.3 |
6 | Bank of America | Charlotte | Banking, financial services | 98.8 | 17.9 | 2832.2 | 336.3 |
6 | Ping An Insurance | Shenzhen | Financial services | 169.1 | 20.8 | 1453.8 | 211.2 |
9 | Agricultural Bank of China | Beijing | Banking, financial services | 153.9 | 31.3 | 4159.9 | 140.1 |
10 | Amazon.com, Inc. | Seattle | Conglomerate | 386.1 | 21.3 | 321.2 | 1711.8 |
2020 list
In 2020, the ten largest companies as calculated by this method were:[9]
Rank | Company | Headquarters | Industry | Sales (billion $) | Profits (billion $) | Assets (billion $) | Market value (billion $) |
---|---|---|---|---|---|---|---|
1 | Industrial and Commercial Bank of China | Beijing | Banking, financial services | 177.2 | 45.3 | 4322.5 | 242.3 |
2 | China Construction Bank | Beijing | Banking, financial services | 162.1 | 38.9 | 3822 | 203.8 |
3 | JPMorgan Chase | New York City | Banking, financial services | 142.9 | 30 | 3139.4 | 291.7 |
4 | Berkshire Hathaway | Omaha | Banking, financial services | 254.6 | 81.4 | 817.7 | 455.4 |
5 | Agricultural Bank of China | Beijing | Banking, financial services | 148.7 | 30.9 | 3697.5 | 147.2 |
6 | Saudi Aramco | Dhahran | Oil and gas | 329.8 | 88.2 | 398.3 | 1284.8 |
7 | Ping An Insurance | Shenzhen | Financial services | 155 | 18.8 | 1218.6 | 187.2 |
8 | Bank of America | Charlotte | Banking, financial services | 112.1 | 24.1 | 2620 | 208.6 |
9 | Apple Inc. | Cupertino | Computer software | 267.7 | 57.2 | 320.4 | 1285.5 |
10 | Bank of China | Beijing | Banking, financial services | 135.4 | 27.2 | 3387 | 112.8 |
2019 list
In 2019, the ten largest companies as calculated by this method were:[10]
Rank | Company | Headquarters | Industry | Sales (billion $) | Profits (billion $) | Assets (billion $) | Market value (billion $) |
---|---|---|---|---|---|---|---|
1 | Industrial and Commercial Bank of China | Beijing | Banking, Financial services | 175.9 | 45.2 | 4034.5 | 305.1 |
2 | JPMorgan Chase | New York City | Banking, Financial services | 132.9 | 32.7 | 2737.2 | 368.5 |
3 | China Construction Bank | Beijing | Banking, Financial services | 150.3 | 38.8 | 3382.4 | 225 |
4 | Agricultural Bank of China | Beijing | Banking, Financial services | 137.5 | 30.9 | 3293.1 | 197 |
5 | Bank of America | Charlotte | Banking, Financial services | 111.9 | 28.5 | 2377.2 | 287.3 |
6 | Apple Inc. | Cupertino | Electronic and Software | 261.7 | 59.4 | 373.7 | 961.3 |
7 | Ping An Insurance | Shenzhen | Financial services | 151.8 | 16.3 | 1038.3 | 220.2 |
8 | Bank of China | Beijing | Banking, Financial services | 126.7 | 27.5 | 3097.6 | 143 |
9 | Royal Dutch Shell | The Hague | Oil and Gas | 382.6 | 23.3 | 399.2 | 264.9 |
10 | Wells Fargo | San Francisco | Banking, Financial services | 101.5 | 23.1 | 1887.8 | 214.7 |
2018 list
In 2018, the ten largest companies as calculated by this method were:[11]
Rank | Company | Headquarters | Industry | Sales (billion $) | Profits (billion $) | Assets (billion $) | Market value (billion $) |
---|---|---|---|---|---|---|---|
1 | Industrial and Commercial Bank of China | Beijing | Banking, Financial services | 165.3 | 43.7 | 4210.9 | 311 |
2 | China Construction Bank | Beijing | Banking, Financial services | 143.2 | 37.1 | 3631.6 | 261.2 |
3 | JPMorgan Chase | New York City | Banking, Financial services | 118.2 | 26.5 | 2609.8 | 387.7 |
4 | Berkshire Hathaway | Omaha | Conglomerate | 235.2 | 39.7 | 702.7 | 491.9 |
5 | Agricultural Bank of China | Beijing | Banking, Financial services | 129.3 | 29.6 | 3439.3 | 184.1 |
6 | Bank of America | Charlotte | Banking, Financial services | 92.2 | 16.6 | 2196.8 | 231.9 |
7 | Wells Fargo | San Francisco | Banking, Financial services | 103.0 | 21.7 | 1915.4 | 265.3 |
8 | Apple Inc. | Cupertino | Computing | 247.5 | 53.3 | 367.5 | 926.9 |
9 | Bank of China | Beijing | Banking, Financial services | 118.2 | 26.4 | 3204.2 | 158.6 |
10 | Ping An Insurance | Shenzhen | Insurance | 141.6 | 13.9 | 1066.4 | 181.4 |
As a group, the Forbes Global 2000 in year 2018 accounts for $39.1* trillion in sales, $3.2 trillion in profit, $189* trillion in assets and $56.8* trillion in market value.
By industry sector
The top-ranked companies in each industry sector are as follows.
Sector | Company | Headquarters | Overall rank | Sales (billion $) | Profits (billion $) | Assets (billion $) | Market value (billion $) |
---|---|---|---|---|---|---|---|
Advertising | WPP | London | #301 | 18.7 | 1.8 | 42.4 | 30.1 |
Aerospace & Defense | Boeing | Chicago | #76 | 96.1 | 5.2 | 94.4 | 85.3 |
Air Courier | United Parcel Service | Sandy Springs | #146 | 58.1 | 4.8 | 38.3 | 93.3 |
Airline | Delta Air Lines | Atlanta | #170 | 40.5 | 4.7 | 53.3 | 34.4 |
Aluminum | Alcoa | New York City | #757 | 21.7 | -0.3 | 36.1 | 13.7 |
Apparel/Accessories | Christian Dior | Paris | #216 | 41.6 | 1.7 | 68.1 | 31.4 |
Apparel/Footwear Retail | Inditex | A Coruña | #310 | 23.1 | 3.2 | 18.8 | 103.2 |
Auto & Truck Manufacturers | Toyota Motor | Toyota | #10 | 235.8 | 19.3 | 406.7 | 177.0 |
Auto & Truck Parts | Continental | Hanover | #209 | 43.5 | 3.0 | 36.7 | 43.7 |
Beverages | Anheuser-Busch InBev | Leuven | #56 | 43.6 | 8.3 | 136.5 | 204.6 |
Biotechs | Gilead Sciences | Foster City | #118 | 32.2 | 18.1 | 51.8 | 138.1 |
Broadcasting & Cable | Comcast | Philadelphia | #35 | 74.5 | 8.2 | 166.6 | 148.2 |
Business & Personal Services | Alibaba | Hangzhou | #174 | 15.0 | 11.0 | 56.2 | 200.7 |
Business Products & Supplies | Canon | Tokyo | #254 | 31.4 | 1.8 | 36.8 | 40.4 |
Casinos & Gaming | Las Vegas Sands | Paradise | #301 | 11.4 | 1.8 | 21.0 | 37.2 |
Communications Equipment | Cisco Systems | San Jose | #63 | 49.6 | 10.3 | 112.6 | 141.7 |
Computer & Electronics Retail | Best Buy | Richfield | #637 | 39.5 | 0.9 | 13.5 | 10.7 |
Computer Hardware | Apple Inc. | Cupertino | #8 | 233.3 | 53.7 | 293.3 | 586.0 |
Computer Services | Alphabet | Mountain View | #27 | 77.2 | 17.0 | 149.7 | 500.1 |
Computer Storage Devices | EMC | Hopkinton | #231 | 24.6 | 2.0 | 45.7 | 51.9 |
Conglomerates | Siemens | Munich | #51 | 85.5 | 6.5 | 133.9 | 91.8 |
Construction Materials | Saint-Gobain | Courbevoie | #256 | 43.9 | 1.4 | 48.7 | 25.6 |
Construction Services | China State Construction Engineering | Beijing | #114 | 135.0 | 4.1 | 165.6 | 25.6 |
Consumer Electronics | Sony | Tokyo | #192 | 67.9 | 1.1 | 142.2 | 34.1 |
Consumer Financial Services | American Express | New York City | #95 | 34.6 | 5.0 | 159.0 | 63.2 |
Containers & Packaging | Amcor | Hawthorn | #966 | 9.3 | 0.7 | 8.2 | 13.6 |
Department Stores | Macy's | New York City | #515 | 27.1 | 1.1 | 20.6 | 12.8 |
Discount Stores | Wal-Mart Stores | Bentonville | #15 | 482.1 | 14.7 | 199.6 | 215.7 |
Diversified Chemicals | BASF | Ludwigshafen | #94 | 78.1 | 4.4 | 80.1 | 73.2 |
Diversified Insurance | Ping An Insurance | Shenzhen | #20 | 98.7 | 8.7 | 732.3 | 90.0 |
Diversified Metals & Mining | China Shenhua Energy | Beijing | #167 | 27.3 | 2.6 | 85.3 | 43.1 |
Diversified Utilities | Veolia Environnement | Paris | #526 | 27.7 | 0.5 | 39.0 | 13.3 |
Drug Retail | CVS Health | Woonsocket | #62 | 153.3 | 5.2 | 93.7 | 110.8 |
Electric Utilities | Korea Electric Power | Seoul | #97 | 52.1 | 11.7 | 149.5 | 33.1 |
Electrical Equipment | Schneider Electric | Rueil-Malmaison | #117 | 29.5 | 1.6 | 46.3 | 39.3 |
Electronics | Hon Hai Precision (Foxconn) | New Taipei City | #117 | 141.2 | 4.6 | 70.3 | 39.2 |
Environmental & Waste | Waste Management | Houston | #549 | 13.0 | 0.8 | 20.9 | 25.1 |
Food Processing | Nestlé | Vevey | #33 | 92.2 | 9.4 | 123.9 | 235.7 |
Food Retail | Kroger | Cincinnati | #223 | 109.8 | 2.0 | 34.9 | 34.2 |
Forest Products | Empresas CMPC | Santiago | #1943 | 4.8 | 0.3 | 14.8 | 5.4 |
Furniture & Fixtures | Steinhoff International | Stellenbosch | #440 | 13.3 | 1.4 | 25.1 | 22.8 |
Healthcare Services | Express Scripts | St. Louis | #145 | 101.8 | 2.5 | 54.0 | 46.5 |
Heavy Equipment | Caterpillar | Peoria | #155 | 47.0 | 2.1 | 78.5 | 45.6 |
Home Improvement Retail | Home Depot | Atlanta | #112 | 88.5 | 7.0 | 42.5 | 169.8 |
Hotels/Motels | Carnival | Miami | #311 | 15.8 | 1.9 | 38.4 | 37.8 |
Household Appliances | Midea Group | Foshan | #402 | 22.0 | 2.0 | 19.8 | 20.2 |
Household/Personal Care | Procter & Gamble | Cincinnati | #39 | 69.4 | 8.4 | 129.1 | 218.9 |
Insurance Brokers | Aon | London | #420 | 11.7 | 1.4 | 27.2 | 27.9 |
Internet & Catalog Retail | Amazon | Seattle | #237 | 107.0 | 0.6 | 67.7 | 292.6 |
Investment Services | Berkshire Hathaway | Omaha | #4 | 210.8 | 24.1 | 561.1 | 360.1 |
Iron & Steel | Citic Pacific | Hong Kong | #61 | 53.8 | 5.4 | 877.8 | 45.4 |
Life & Health Insurance | Japan Post Holdings | Tokyo | #29 | 129.8 | 4.4 | 2,450.7 | 62.6 |
Major Banks | Industrial and Commercial Bank of China | Beijing | #1 | 171.1 | 44.2 | 3,420.3 | 198.0 |
Managed Health Care | UnitedHealth Group | Minnetonka | #41 | 165.9 | 6.0 | 117.9 | 127.5 |
Medical Equipment & Supplies | Johnson & Johnson | New Brunswick | #32 | 70.2 | 15.4 | 133.4 | 312.6 |
Natural Gas Utilities | Gas Natural Fenosa | Barcelona | #287 | 28.8 | 1.7 | 52.3 | 20.6 |
Oil & Gas Operations | ExxonMobil | Irving | #9 | 236.8 | 16.2 | 336.8 | 363.3 |
Oil Services & Equipment | Schlumberger | Houston | #176 | 31.7 | 1.6 | 69.1 | 111.1 |
Other Industrial Equipment | Eaton | Dublin | #315 | 20.9 | 2.0 | 31.0 | 28.9 |
Other Transportation | Møller-Maersk | Copenhagen | #306 | 40.3 | 0.7 | 64.1 | 30.7 |
Paper & Paper Products | International Paper | Memphis | #426 | 22.4 | 0.9 | 30.6 | 17.8 |
Pharmaceuticals | Pfizer | New York City | #46 | 48.9 | 7.7 | 167.5 | 205.7 |
Precision Healthcare Equipment | Thermo Fisher Scientific | Waltham | #267 | 17.0 | 2.0 | 40.9 | 57.8 |
Printing & Publishing | Thomson Reuters | New York City | #405 | 12.2 | 1.3 | 29.1 | 30.9 |
Property & Casualty Insurance | Travelers | New York City | #165 | 26.9 | 3.4 | 102.0 | 32.4 |
Railroads | Union Pacific | Omaha | #172 | 21.0 | 4.6 | 55.8 | 75.4 |
Real Estate | Vanke | Shenzhen | #185 | 31.1 | 2.9 | 94.1 | 27.7 |
Recreational Products | Activision Blizzard | Santa Monica | #842 | 4.6 | 0.9 | 15.3 | 25.5 |
Regional Banks | China Construction Bank | Beijing | #2 | 146.8 | 36.4 | 2,826.0 | 162.8 |
Rental & Leasing | Mitsubishi UFJ Lease | Tokyo | #1075 | 6.7 | 0.5 | 42.3 | 4.2 |
Restaurants | McDonald's | Oak Brook | #189 | 25.4 | 4.8 | 37.9 | 110.1 |
Security Systems | Secom | Tokyo | #854 | 7.1 | 0.6 | 13.2 | 18.1 |
Semiconductors | Samsung Electronics | Seoul | #18 | 177.3 | 16.5 | 206.5 | 161.6 |
Software & Programming | Microsoft | Redmond | #23 | 86.6 | 10.2 | 181.9 | 407.0 |
Specialized Chemicals | Air Liquide | Paris | #313 | 18.2 | 1.9 | 31.4 | 40.5 |
Specialty Stores | Richemont | Bellevue | #416 | 12.4 | 1.7 | 21.2 | 37.6 |
Telecommunications services | AT&T | Dallas | #12 | 146.8 | 13.2 | 402.7 | 234.2 |
Thrifts & Mortgage Financing | Aareal Bank | Wiesbaden | #1381 | 1.4 | 0.4 | 57.2 | 2.1 |
Tobacco | British American Tobacco | London | #177 | 20.0 | 6.6 | 46.5 | 111.0 |
Trading Companies | Mitsubishi Corp | Tokyo | #136 | 59.8 | 2.7 | 135.7 | 27.7 |
Trucking | Yamato Holdings | Tokyo | #1306 | 11.7 | 0.3 | 9.3 | 8.6 |
2017 list
In 2017, the ten largest companies as calculated by this method were:[12]
Rank | Company | Headquarters | Industry | Sales (billion $) | Profits (billion $) | Assets (billion $) | Market value (billion $) |
---|---|---|---|---|---|---|---|
1 | Industrial and Commercial Bank of China | Beijing | Banking, financial services | 151.4 | 42.0 | 3473.2 | 229.8 |
2 | China Construction Bank | Beijing | Banking, financial services | 134.2 | 35.0 | 3016.6 | 200.5 |
3 | Berkshire Hathaway | Omaha | Conglomerate | 222.9 | 24.1 | 620.9 | 409.9 |
4 | JPMorgan Chase | New York City | Banking, financial services | 102.5 | 24.2 | 2513.0 | 306.6 |
5 | Wells Fargo | San Francisco | Banking, financial services | 97.6 | 21.9 | 1943.4 | 274.4 |
6 | Agricultural Bank of China | Beijing | Banking, financial services | 115.7 | 27.8 | 2816.0 | 149.2 |
7 | Bank of America | Charlotte | Banking, financial services | 92.2 | 16.6 | 2196.8 | 231.9 |
8 | Bank of China | Beijing | Banking, financial services | 113.1 | 24.9 | 2611.5 | 141.3 |
9 | Apple Inc. | Cupertino | Computing | 217.5 | 45.2 | 331.1 | 752.0 |
10 | Toyota Motor | Toyota | Automotive | 249.9 | 17.1 | 412.5 | 171.9 |
2016 list
In 2016, the ten largest companies as calculated by this method were:[13]
Rank | Company | Headquarters | Industry | Sales (billion $) | Profits (billion $) | Assets (billion $) | Market value (billion $) |
---|---|---|---|---|---|---|---|
1 | Industrial and Commercial Bank of China | Beijing | Banking, financial services | 171.1 | 44.2 | 3,420.2 | 198 |
2 | China Construction Bank | Beijing | Banking, financial services | 146.8 | 36.4 | 2,826 | 162.8 |
3 | Agricultural Bank of China | Beijing | Banking, financial services | 131.9 | 28.8 | 2,739.8 | 152.7 |
4 | Berkshire Hathaway | Omaha | Conglomerate | 210.8 | 24.1 | 561.1 | 360.1 |
5 | JPMorgan Chase | New York City | Banking, financial services | 99.9 | 23.5 | 2,423.8 | 234.2 |
6 | Bank of China | Beijing | Banking, financial services | 122 | 27.2 | 2,589.6 | 143 |
7 | Wells Fargo | San Francisco | Banking, financial services | 91.4 | 22.7 | 1,849.2 | 256 |
8 | Apple Inc. | Cupertino | Computing | 233.3 | 53.7 | 293.3 | 586 |
9 | ExxonMobil | Irving | Oil and gas | 236.8 | 16.2 | 336.8 | 363.3 |
10 | Toyota Motor | Toyota | Automotive | 235.8 | 19.3 | 406.7 | 177 |
See also
References
- Andrea Murphy (6 May 2015). 2015 Global 2000: Methodology. Forbes. Accessed December 2015.
- Tucker, Hank; Murphy, Andrea (8 June 2023). "Inside The Global 2000: JPMorgan Is Again The World's Largest Company As Berkshire Hathaway Falls". Forbes. Retrieved 11 June 2023.
- Tucker, Hank; Murphy, Andrea (8 June 2023). "The Full List of Forbes Global 2000 in 2023". Forbes. Retrieved 3 August 2023.
- Murphy, Andrea; Tucker, Hank (8 June 2023). "2023 The Global 2000". Forbes. Retrieved 11 June 2023.
- Mason, Emily (8 June 2023). "The World's Largest Banks 2023: JPMorgan Chase Takes Top Spot Overall As Five Banks Crack Top Ten Of Forbes' Global 2000". Forbes. Retrieved 12 June 2023.
- Ponciano, Jonathan (8 June 2023). "The World's Largest Technology Companies In 2023: A New Leader Emerges". Forbes. Retrieved 12 June 2023.
- Murphy, Andrea; Contreras, Isabel (2022-05-12). "The Global 2000 2022". Forbes. Retrieved 2022-05-20.
- "The Global 2000 2021". Forbes. Retrieved 2021-05-20.
- "Global 2000 – The World's Largest Public Companies 2020". Forbes. Archived from the original on 2011-08-21. Retrieved 2020-05-13.
- "Global 2000: The World's Largest Public Companies". Forbes.com. 2019-05-15. Retrieved 2019-06-03.
- Stoller, Kristin (June 6, 2018). "Global 2000: The World's Largest Public Companies 2018". Forbes. Retrieved May 30, 2019.
- "The World's Largest Public Companies 2017". Forbes.com. Retrieved November 23, 2018.
- "The World's Largest Companies 2016". Forbes.com. Retrieved November 23, 2018.