World's 35 Largest Companies by Revenue in 2023

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Exploring the World’s 35 Largest Companies by Revenue in 2024

In today’s global economy, top corporations significantly impact markets and communities. As we delve into the biggest revenue earners around the globe, these companies not only lead in financial performance but also influence trends in technology, healthcare, energy, and consumer goods. Below, we break down the 35 largest companies by revenue, revealing a world dominated by North American, Asian, and European giants.

North America: Titans of Industry

Walmart – $648 Billion
The retail behemoth continues to be the largest by revenue, shaping how consumers shop globally.
Amazon – $575 Billion
A pioneer in e-commerce, Amazon has transformed retail and cloud computing, with a revenue structure that keeps expanding.
Apple – $383 Billion
Renowned for its innovation in technology and design, Apple remains a formidable player in consumer electronics and services.
UnitedHealth Group – $372 Billion
As a leading healthcare and insurance company, UnitedHealth dominates the health sector with a diverse service range.
Berkshire Hathaway – $365 Billion
The holding company led by Warren Buffett has a vast array of subsidiaries, making it a key player in various sectors.
CVS Health – $358 Billion
Moving beyond pharmacies, CVS has evolved into a major health provider and retail corporation.
ExxonMobil – $345 Billion
As a leader in the oil and energy sector, ExxonMobil’s operations are crucial in meeting global energy demands.
McKesson – $309 Billion
This pharmaceutical distribution company ensures that healthcare providers have access to essential medications and services.
Alphabet – $307 Billion
The parent company of Google, Alphabet is at the forefront of technology and advertising.
Cencora – $262 Billion
A significant player in pharmaceuticals, Cencora focuses on improving patient outcomes.
Costco – $242 Billion
Known for bulk sales and membership shopping, Costco continues to grow in popularity and revenue.
JPMorgan Chase – $239 Billion
This financial institution is a leader in investment banking and financial services.
Microsoft – $212 Billion
Dominating in software and technology services, Microsoft is a vital part of business and personal computing.
Cardinal Health – $205 Billion
With a focus on healthcare services and product distribution, Cardinal Health plays a vital role in the medical landscape.
Chevron – $201 Billion
Another major oil corporation, Chevron operates worldwide to satisfy the global energy supply.
Cigna – $195 Billion
This healthcare giant offers a range of insurance solutions and has a massive footprint in the health industry.

Asia: Emerging Influence

State Grid Corporation – $546 Billion
The largest utility company in the world, State Grid plays a crucial role in power distribution across China.
Sinopec – $430 Billion
Focusing on oil and gas, Sinopec is one of the leading energy corporations in Asia.
CNPC – $422 Billion
China National Petroleum Corporation operates across all segments of the oil and gas sector.
CSCEC – $320 Billion
China State Construction Engineering Corporation is a critical player in global construction projects.
Toyota – $312 Billion
As a leading auto manufacturer, Toyota sets standards for production and innovative technology in vehicles.
Trafigura – $244 Billion
This international commodity trading company operates in essential markets worldwide.
ICBC – $223 Billion
Industrial and Commercial Bank of China is one of the largest banks globally, playing a critical role in financing and investment.
China Construction Bank – $200 Billion
Another major Chinese bank that helps support commercial activities in various sectors.
Samsung – $198 Billion
A leader in technology and electronics, Samsung has made massive strides in consumer products.
Foxconn – $198 Billion
Known for manufacturing electronics, Foxconn is a key supplier for major tech companies worldwide.
Agricultural Bank of China – $192 Billion
This bank helps facilitate agricultural development and rural banking in China.
REG – $179 Billion
Renewable Energy Group specializes in biofuels, leading changes in the energy sector.

Middle East: A Powerhouse

Saudi Aramco – $495 Billion
This state-owned oil and gas company is not only the largest producer in the region but also one of the top players globally.

Europe: Robust Industries

Volkswagen – $348 Billion
The German auto manufacturer remains one of the largest in the world, with a strong brand portfolio.
Shell – $323 Billion
As a leading energy company, Shell has diversified into various sectors, including natural gas and renewables.
TotalEnergies – $219 Billion
This major French company is making strides toward sustainable energy solutions.
Glencore – $218 Billion
A leader in commodities trading and mining, Glencore spans multiple industries.
BP – $213 Billion
Operating globally, BP focuses on oil and gas with a growing emphasis on sustainability.
Stellantis – $205 Billion
Formed from a merger between Fiat Chrysler and PSA Group, Stellantis is making waves in the automotive industry.

Conclusion

The combined annual revenue of these top 35 companies reaches a remarkable $10.7 trillion. This list reflects a dynamic global marketplace dominated by North America and Asia, while Europe and the Middle East also play essential roles. With no representation from Africa or Australia in this elite group, the competition remains fierce among the world’s largest economies.