The following is a list of publicly traded companies having the greatest
market capitalization
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders.
Market capitalization is equal to the market price per common share multiplied by ...
, sometimes described as their "market value":
Market capitalization is calculated by multiplying the
share price
A price is the (usually not negative) quantity of payment or compensation expected, required, or given by one party to another in return for goods or services. In some situations, especially when the product is a service rather than a ph ...
on a selected day and the number of
outstanding shares
Shares outstanding are all the shares of a corporation that have been authorized, issued and purchased by investors and are held by them. They are distinguished from treasury shares, which are shares held by the corporation itself, thus representi ...
on that day. The list is expressed in USD millions, using exchange rates from the selected day to convert other currencies.
Trillion-dollar companies
The table below lists all companies that have ever had a market capitalization exceeding $1 trillion, the date on which their market cap first exceeded $1 trillion and their record market cap.
Publicly traded companies
All market capitalization figures are in USD millions. Only companies with
free float
In the context of stock markets, the public float or free float represents the portion of Share (finance), shares of a corporation that are in the hands of public investors as opposed to locked-in shares held by promoters, company officers, control ...
of at least 15% are included; the value of unlisted stock classes is excluded.
Investment companies are not included in the list.
2025
This list is up to date . Indicated changes in market value are relative to the previous quarter.
2024
Source:
This list is up to date . Indicated changes in market value are relative to the previous quarter.
2023
This list is up to date as of 31 December 2023. Indicated changes in market value are relative to the previous quarter.
2022
This list is as of 31 December 2022. Indicated changes in market value are relative to the previous quarter.
2021
This list is up to date . Indicated changes in market value are relative to the previous quarter.
2020
This ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
''–based list is up to data . Indicated changes in market value are relative to the previous quarter.
2019
This ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
''–based list is up to date . Indicated changes in market value are relative to the previous quarter.
2018
This ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
''–based list is up to date . Indicated changes in market value are relative to the previous quarter.
2017
This ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
''–based list is up to date . Indicated changes in market value are relative to the previous quarter.
2016
This ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
''–based list is up to date . Indicated changes in market value are relative to the previous quarter.
2015
This ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
''–based list is up to date . Indicated changes in market value are relative to the previous quarter.
2014
This ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
''–based list is up to date . Indicated changes in market value are relative to the previous quarter.
2013
This ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
''–based list is up to date as of 31 December 2013. Indicated changes in market value are relative to the previous quarter.
2012
This ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
''–based list is up to date as of 31 December 2012. Indicated changes in market value are relative to the previous quarter.
2011
This ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
''–based list is up to date as of 31 December 2011. Indicated changes in market value are relative to the previous quarter.
2010
This ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
''–based list is up to date as of 31 December 2010. Indicated changes in market value are relative to the previous quarter.
2009
This ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
''–based list is up to date as of 31 December 2009. Indicated changes in market value are relative to the previous quarter.
2008
This ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
''–based list is up to date as of 31 December 2008. Indicated changes in market value are relative to the previous quarter.
2007
This ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
''–based list is up to date as of 31 December 2007. Indicated changes in market value are relative to the previous quarter.
2006
This ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
''–based list is up to date as of December 2006. Indicated changes in market value are relative to the previous quarter.
2005
This ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
''–This list is up to date as of 31 March 2005.
2004
This ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
''–based list is up to date as 31 March 2004.
2003
This ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
''–based list is up to date as December 2003.
2002
This ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
''–based list is up to date December 2002.
2001
This ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
''–based list is up to date as 31 March 2001.
2000
This ''
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
''–based list is up to date as 31 March 2000.
1999
The 10 largest companies in the world by market capitalization in 1999.
1998
This ''Financial Times''–based list is up to date as of 30 September 1998.
1997
This ''Financial Times''–based list is up to date as of 30 September 1997.
1996
This ''Financial Times''–based list is up to date as of 30 September 1996.
['']Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...
'', January 1997
See also
*
List of countries by stock market capitalization
The following list sorts countries by the total market capitalization of all domestic companies listed in the country, according to data from the World Bank. Market capitalization, commonly called market cap, is the market value of a publicly tr ...
*
List of largest companies by revenue
This list comprises the world's largest companies by Consolidation (business), consolidated revenue, according to the annually ranked Fortune Global 500, ''Fortune'' Global 500 published by ''Fortune'' magazine, as well as other sources. Out of 5 ...
*
List of largest employers Largest employers
Below is the list of largest employers including government owned companies and institutions in 2022.
Fortune Global 500
Following is the list of Fortune 500 companies providing the most jobs worldwide, according to a list ...
*
List of largest corporate profits and losses
This page lists the largest annual and quarterly earnings and losses in corporate history.
Largest corporate annual earnings of all time
This list has all global annual earnings of all time, limited to earnings of more than $40 billion in "real" ...
*
List of wealthiest religious organizations
*
Corporate capitalism
In social science and economics, corporate capitalism is a capitalist marketplace characterized by the dominance of hierarchical and bureaucratic corporations.
Overview
In the developed world, corporations dominate the marketplace, compri ...
*
World Economic Forum
The World Economic Forum (WEF) is an international non-governmental organization, international advocacy non-governmental organization and think tank, based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German ...
*
Fortune Global 500
The ''Fortune'' Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by '' Fortune'' magazine.
Methodology
Until 1989, it listed o ...
Notes
References
{{DEFAULTSORT:Public corporations by market capitalization
Corporations by market capitalization
Market capitalization
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders.
Market capitalization is equal to the market price per common share multiplied by ...
Companies, Market Capitalization
Financial markets