
Let's take a look at the largest companies by revenue globally. Walmart, the retail giant, tops the list with an annual revenue of over $524 billion.
The retail industry is a significant contributor to the global economy, with many multinational corporations dominating the market. Walmart's massive scale and reach make it the largest company by revenue globally.
The United States is home to many of the world's largest companies, with Walmart being a prime example. Its massive sales and revenue make it a force to be reckoned with in the global economy.
Amazon, the e-commerce leader, comes in second on the list, with an annual revenue of over $386 billion.
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List of Largest Companies
The largest companies in the world by revenue are a testament to their influence and market presence. Walmart is the top-selling company in the world, turning over around $611 billion in annual revenue.
According to the Statista company database, Walmart is followed closely by Amazon, with a revenue of around $514 billion. These two retail giants are consistently ranked among the top companies by revenue, reflecting their dominance in the market.
Here are the top 5 companies in the world by revenue, based on the Fortune Global 500 list of 2019:
Breakdown by Country/Territory

The breakdown by country/territory is a fascinating aspect of the Fortune Global 500 list. As of August 2024, China takes the top spot with 139 companies, followed closely by the United States with 128 companies.
The United States has consistently been a leader in the Fortune Global 500 list, and it's no surprise that it ranks second in terms of the number of companies. China's rapid economic growth has propelled it to the top spot, and it's worth noting that this is the first time a non-US country has held this position.
Here's a breakdown of the top 10 countries/territories with the highest revenues from the Top 500 companies as of August 2024:
In 2019, the United States had the most Global 500 companies with 121, followed closely by China with 119 companies. This highlights the significant presence of companies from these two countries in the global economy.
Biggest Companies
Walmart is the top-selling company in the world, turning over around $514 billion in annual revenue. This is according to the Fortune Global 500 list of 2019.
Walmart is not only the largest retailer, but also the largest company in the world, surpassing other big names like Amazon. In fact, Walmart's revenue is more than $100 billion higher than Amazon's.
The Fortune Global 500 list also reveals that the top 10 companies in the world by revenue are dominated by energy and retail companies. For example, Saudi Aramco, an oil and gas company, ranks second on the list with a revenue of $604 billion.
Here are the top 5 companies in the world by revenue:
These companies are not only the largest in the world, but also have a significant impact on the global economy.
Fortune Global 500 Lists
The Fortune Global 500 list is a comprehensive ranking of the world's largest companies by revenue. In 2019, Walmart topped the list with $514 billion in revenue, followed closely by Sinopec Group with $415 billion.
The list is dominated by companies from just a few countries, with the top six countries (United States, China, Japan, Germany, France, and the United Kingdom) accounting for 75.8% of the companies on the list. In fact, these six countries are also the world's largest economies.
Here are the top 10 countries with the most Global 500 companies in 2019:
The Fortune Global 500 list also provides a breakdown of the top-ranked companies in each sector, with companies like Walmart and Apple leading the way in retail and technology, respectively.
Breakdown by Country
The Fortune Global 500 list is a great way to see which countries are dominating the global business scene. The top 10 countries with the most Global 500 companies as of July 2019 were led by the United States with 121 companies.
China was a close second with 119 companies, followed by Japan with 52. These countries have a strong presence in the global market, and it's no surprise they're at the top of the list.
The United States had a significant lead in terms of the number of companies, with China coming in a close second. This shows the importance of these countries in the global economy.
Here's a breakdown of the top 10 countries with the most Global 500 companies as of July 2019:
This list gives us a clear picture of which countries are leading the way in terms of global business.
Fortune Global 500 List 2019
The Fortune Global 500 list for 2019 was dominated by Walmart, which took the top spot with a revenue of $514 billion. The company's massive size and reach have made it a household name.
The top 10 companies in the list were from various industries, including retail, petroleum, and energy. Walmart was the only retail company in the top 10, while the other companies were from the petroleum and energy sectors. The top 10 companies were from the United States, China, and the Netherlands/United Kingdom.
The United States had the most companies in the Global 500 list, with 121 companies. China was a close second with 119 companies. Japan, France, and Germany also had a significant number of companies in the list.
The top-ranked companies in the Global 500 list for 2019 were from various sectors, including aerospace and defense, chemicals, and technology. Boeing was the top-ranked company in the aerospace and defense sector, while Sinopec Group was the top-ranked company in the energy sector.
Here are the top 10 companies in the Global 500 list for 2019, sorted by revenue:
Leadership and Rankings
The top 10 companies by revenue are led by Saudi Aramco, with a revenue of over $1.7 trillion.
Their strong leadership and strategic decisions have enabled them to maintain their position at the top.
Apple, ranked second, has a revenue of over $394 billion, thanks in part to their innovative products and services.
Their focus on innovation has allowed them to stay ahead of the competition and maintain their high ranking.
The top 5 companies by revenue are dominated by energy and technology giants, with the top 3 companies being Saudi Aramco, Apple, and Microsoft.
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Methodology
The Fortune 500 list has undergone significant changes over the years. Until 1989, it only included non-United States industrial corporations under the title "International 500".
This distinction highlights the importance of methodology in ranking and categorizing companies. The Fortune 500 contained exclusively United States corporations until 1990.
In 1990, United States companies were added to the list to compile a truly global ranking of top industrial corporations by sales. Since then, the list has been revised annually to reflect changes in the business landscape.
The Fortune 500 list has also expanded to include top financial corporations and service providers by revenue, starting from 1995. This change has made the list more comprehensive and accurate.
However, inconsistencies still exist in Fortune's ranking of cities with the most Fortune 500 headquarters.
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Leadership by Sector
The top-ranked companies in each sector for 2024 are a diverse group, with companies from all over the world making the cut. China North Industries Group is the top-ranked company in the Aerospace & Defense sector, with revenues of $82,654 million.
In the Apparel sector, Christian Dior takes the top spot, with revenues of $93,137 million. The company is headquartered in Paris.
The Chemicals sector is dominated by Sinochem Holdings, which has revenues of $143,240 million. The company is based in Beijing.
State Grid Corporation of China is the clear leader in the Energy sector, with revenues of $545,948 million. The company is also headquartered in Beijing.
China State Construction Engineering is the top-ranked company in the Engineering & Construction sector, with revenues of $320,431 million. The company is based in Beijing.
Berkshire Hathaway leads the Financials sector, with revenues of $364,482 million. The company is headquartered in Omaha.
Kroger is the top-ranked company in the Food & Drug Stores sector, with revenues of $150,039 million. The company is based in Cincinnati.
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Nestlé takes the top spot in the Food, Beverages & Tobacco sector, with revenues of $103,505 million. The company is headquartered in Vevey.
The Health Care sector is led by UnitedHealth Group, which has revenues of $371,622 million. The company is based in Minnetonka.
Compass Group is the top-ranked company in the Hotels, Restaurants & Leisure sector, with revenues of $38,005 million. The company is headquartered in Chertsey.
Procter & Gamble leads the Household Products sector, with revenues of $82,006 million. The company is based in Cincinnati.
Hengli Group is the top-ranked company in the Industrials sector, with revenues of $114,665 million. The company is headquartered in Suzhou.
China Baowu Steel Group is the top-ranked company in the Materials sector, with revenues of $157,216 million. The company is based in Shanghai.
Walt Disney leads the Media sector, with revenues of $88,898 million. The company is headquartered in Burbank.
Volkswagen Group is the top-ranked company in the Motor Vehicles & Parts sector, with revenues of $348,408 million. The company is based in Wolfsburg.
Walmart is the top-ranked company in the Retailing sector, with revenues of $648,125 million. The company is headquartered in Bentonville.
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Apple leads the Technology sector, with revenues of $383,285 million. The company is based in Cupertino.
China Mobile Communications is the top-ranked company in the Telecommunications sector, with revenues of $142,832 million. The company is headquartered in Beijing.
China Post Group is the top-ranked company in the Transportation sector, with revenues of $112,779 million. The company is based in Beijing.
Trafigura Group is the top-ranked company in the Wholesalers sector, with revenues of $244,280 million. The company is headquartered in Singapore.
Here is a breakdown of the top 10 countries/territories with the highest revenues from the Top 500 companies as of August 2023:
Company Listings
The Fortune Global 500 list of 2019 is a comprehensive ranking of the world's largest companies by revenue. The list includes companies from various sectors, with Walmart taking the top spot with a revenue of $514 billion.
Here are some key statistics from the Fortune Global 500 list:
- The top 10 companies by revenue are dominated by energy and retail companies, with Walmart, Sinopec Group, and Royal Dutch Shell taking the top three spots.
- China is home to the second-most Global 500 companies, with 119 companies making the list.
- The United States has the most Global 500 companies, with 121 companies making the list.
Here's a breakdown of the top 10 companies by revenue:
These companies are truly massive, with revenues that are hard to wrap your head around.
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