In the realm of global business, some companies rise above the rest, becoming not just industry leaders but household names. Market capitalization, or market cap, is one measure of a company’s value and significance in the business world. It’s calculated by multiplying a company’s stock price by the total number of outstanding shares. Here, we’ll explore the top companies by market cap, as of the latest available data, and see how they stack up on the global stage.
Top 20 Companies by Market Cap
Let’s take a closer look at the world’s largest companies by market capitalization and the countries they call home:
Rank | Flag | Country | Company Name | Market Cap (USD) | Market Cap (INR) |
---|---|---|---|---|---|
1 | 🇺🇸 | United States | Apple | $2.771 trillion | ₹205,482,662 crore |
2 | 🇺🇸 | United States | Microsoft | $2.460 trillion | ₹182,209,260 crore |
3 | 🇸🇦 | Saudi Arabia | Saudi Aramco | $2.203 trillion | ₹163,175,746 crore |
4 | 🇺🇸 | United States | Alphabet (Google) | $1.691 trillion | ₹125,334,622 crore |
5 | 🇺🇸 | United States | Amazon | $1.385 trillion | ₹102,535,914 crore |
6 | 🇺🇸 | United States | NVIDIA | $1.134 trillion | ₹83,949,174 crore |
7 | 🇺🇸 | United States | Berkshire Hathaway | $790 billion | ₹58,568,198 crore |
8 | 🇺🇸 | United States | Tesla | $788 billion | ₹58,398,468 crore |
9 | 🇺🇸 | United States | Meta (Facebook) | $770 billion | ₹57,010,862 crore |
10 | 🇺🇸 | United States | Eli Lilly | $535 billion | ₹39,661,271 crore |
11 | 🇺🇸 | United States | Visa | $511 billion | ₹37,880,541 crore |
12 | 🇹🇼 | Taiwan | TSMC | $465 billion | ₹34,473,909 crore |
13 | 🇺🇸 | United States | Exxon Mobil | $461 billion | ₹34,178,449 crore |
14 | 🇺🇸 | United States | UnitedHealth Group | $445 billion | ₹33,007,855 crore |
15 | 🇺🇸 | United States | Walmart | $435 billion | ₹32,204,965 crore |
16 | 🇩🇰 | Denmark | Novo Nordisk | $432 billion | ₹31,990,422 crore |
17 | 🇺🇸 | United States | JPMorgan Chase | $420 billion | ₹31,130,494 crore |
18 | 🇫🇷 | France | LVMH | $415 billion | ₹30,767,266 crore |
19 | 🇨🇳 | China | Tencent Holdings | $398 billion | ₹29,525,286 crore |
20 | 🇺🇸 | United States | Mastercard | $390 billion | ₹28,897,136 crore |
Note: Market cap values are in USD, approximate values in INR are based on exchange rates at the time of writing.
Exploring the Corporate Giants
- Apple (🇺🇸): With a market cap of $2.771 trillion, Apple is the world’s most valuable company. Known for its iconic iPhones, iPads, and MacBooks, Apple continues to innovate and dominate the tech industry.
- Microsoft (🇺🇸): Microsoft comes in second with a market cap of $2.460 trillion. The software giant’s products, including Windows and Office, are staples in homes and offices worldwide.
- Saudi Aramco (🇸🇦): Saudi Aramco, the Saudi Arabian oil and gas company, ranks third with a market cap of $2.203 trillion. It’s a key player in the global energy sector.
- Alphabet (🇺🇸): Alphabet, Google’s parent company, holds the fourth spot with a market cap of $1.691 trillion. Google’s search engine and online services are integral to the internet.
- Amazon (🇺🇸): Amazon is fifth, with a market cap of $1.385 trillion. The e-commerce giant revolutionized online shopping and cloud computing.
- NVIDIA (🇺🇸): NVIDIA, a leader in graphics processing units (GPUs), has a market cap of $1.134 trillion. Its technology powers gaming, AI, and more.
- Berkshire Hathaway (🇺🇸): Warren Buffett’s conglomerate, Berkshire Hathaway, is worth $790 billion. It has diverse investments in various industries.
- Tesla (🇺🇸): Tesla, with a market cap of $788 billion, is at the forefront of electric vehicles and renewable energy.
- Meta (🇺🇸): Formerly known as Facebook, Meta has a market cap of $770 billion. It’s a major player in social media and virtual reality.
- Eli Lilly (🇺🇸): Eli Lilly, a pharmaceutical company, boasts a market cap of $535 billion. It’s dedicated to improving healthcare.
These companies not only drive economies but also shape our daily lives. Their innovations, products, and services have a profound impact on the world. Keep in mind that market cap values can fluctuate, so the rankings may change over time.