List of largest companies by revenue

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Walmart has been the world’s largest company by revenue since 2014.[1]
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This list comprises the world’s largest companies by consolidated revenue, according to the Fortune Global 500 2022 rankings.[2] American retail corporation Walmart has been the world’s largest company by revenue since 2014.[1]

The list is limited to the top 50 companies, all of which except Elevance Health have annual revenues exceeding US$140 billion. This list is incomplete, as not all companies disclose their information to the media and/or general public.[3]

Rank Name Industry Revenue Profit Employees Headquarters[note 1] State-owned Ref.
USD millions
1 Walmart Retail Increase $572,754 $13,673 2,300,000 United States No [1]
2 Amazon.com, Inc. Retail Increase $469,822 $33,364 1,608,000 United States No [4]
3 State Grid Corporation of China Electricity Increase $460,616.9 $7,137.8 871,145 China Yes [5]
4 China National Petroleum Corporation Oil and gas Increase $411,692.9 $9,637.5 1,090,345 China Yes [6]
5 China Petrochemical Corporation Oil and gas Increase $401,313.5 $8,316.1 542,286 China Yes [7]
6 Saudi Aramco Oil and gas Increase $400,399.1 $105,369.1 68,493 Saudi Arabia Yes [8]
7 Apple Inc. Electronics Increase $365,817 $94,680 154,000 United States No [9]
8 Volkswagen Group Automotive Increase $295,819.8 $18,186.6 662,575 Germany No [10]
9 China State Construction Engineering Construction Increase $293,712.4 $4,443.8 368,327 China Yes [11]
10 CVS Health Healthcare Increase $292,111 $7,910 258,500 United States No [12]
11 UnitedHealth Group Healthcare Increase $287,597 $17,285 350,000 United States No [13]
12 ExxonMobil Oil and gas Increase $285,640 $23,050 63,000 United States No [14]
13 Toyota Automotive Increase $279,337.7 $25,371.4 372,817 Japan No [15]
14 Berkshire Hathaway Financials Increase $276,094 $89,795 372,000 United States No [16]
15 Shell plc Oil and gas Increase $272,657 $20,101 82,000 United Kingdom No [17]
16 McKesson Corporation Healthcare Increase $263,966 $1,114 66,500 United States No [18]
17 Alphabet Inc. Information technology Increase $257,637 $76,033 156,500 United States No [19]
18 Samsung Electronics Electronics Increase $244,334.9 $34,293.5 266,673 South Korea No [20]
19 Trafigura Commodities Increase $231,208.1 $3,100 9,031 Singapore No [21]
20 Foxconn Electronics Increase $214,619.2 $4,988.3 826,608 Taiwan No [22]
21 AmerisourceBergen Healthcare Increase $213,988.8 $1,539 40,000 United States No [23]
22 Industrial and Commercial Bank of China Financials Increase $209,000.4 $46,898.9 434,089 China Yes [24]
23 Glencore Commodities Increase $203,751 $4,974 81,284 Switzerland No [25]
24 China Construction Bank Financials Increase $200,434 $46,898.9 375,531 China Yes [26]
25 Ping An Insurance Financials Increase $199,629 $15,753 355,982 China No [27]
26 Costco Retail Increase $195,929 $5,007 288,000 United States No [28]
27 TotalEnergies Oil and gas Increase $184,634 $16,032 101,309 France No [29]
28 Agricultural Bank of China Financials Increase $181,411.7 $37,390.8 455,174 China Yes [30]
29 Stellantis Automotive Increase $176,663 $16,789.1 281,595 Netherlands No [31]
30 Cigna Healthcare Increase $174,078 $5,365 72,963 United States No [32]
31 Sinochem Chemicals Increase $172,260.3 –$197.7 220,760 China Yes [33]
32 AT&T Telecommunications Decrease $168,864 $20,081 202,600 United States No [34]
33 Microsoft Information technology Increase $168,088 $61,271 181,000 United States No [35]
34 China Railway Engineering Corporation Construction Increase $166,452.1 $1,853.2 310,817 China Yes [36]
35 BP Oil and gas Decrease $164,195 $7,565 65,900 United Kingdom No [37]
36 Cardinal Health Healthcare Increase $162,467 $611 46,827 United States No [38]
37 Chevron Corporation Oil and gas Increase $162,465 $15,625 42,595 United States No [39]
38 Mercedes-Benz Group Automotive Decrease $158,306.1 $27,200.8 172,425 Germany No [40]
39 China Railway Construction Corporation Construction Increase $158,203 $1,703.8 366,833 China Yes [41]
40 China Life Insurance Company Insurance Increase $157,095.3 $3,087.1 182,646 China Yes [42]
41 Mitsubishi Group Conglomerate Increase $153,690 $8,345.8 80,728 Japan No [43]
42 Bank of China Financials Increase $152,409.3 $33,573 306,322 China Yes [44]
43 The Home Depot Retail Increase $151,157 $16,433 490,600 United States No [45]
44 Baowu Steel Increase $150,730 $2,994.9 230,884 China Yes [46]
45 Walgreens Boots Alliance Retail Increase $148,579 $2,542 258,000 United States No [47]
46 JD.com Retail Increase $147,526.2 –$551.8 385,357 China No [48]
47 Allianz Financials Increase $144,516.6 $7,815.2 155,411 Germany No [49]
48 Axa Financials Increase $144,446.8 $8,623.9 92,398 France No [50]
49 Marathon Petroleum Oil and gas Increase $141,032 $9,738 17,700 United States No [51]
50 Elevance Health Healthcare Increase $138,639 $6,104 98,200 United States No [52]

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