The assessment of the largest companies in the world fluctuates day after day, up to a minute per minute, but real success is a marathon, not the enemy race.
I heard the news: On July 9, 2025, by paying the madness of artificial intelligence, the NVIDIA chips exceeded the maximum market of $ 4 trillion and became the most valuable company in the world through the market value. After a few days, Microsoft joined 4 trillion club, just to retreat shortly after. By the time you read this, things have changed – or, in fact, will change again.
After all, it wasn’t long when the first company crossed the trillion dollar brand as a historical teacher. On August 2, 2018, Apple shares rose after strong iPhone sales and great profits. Cupertino Giant was also the first company to cross a trillion dollars and $ 2 trillion. However, until then, its dominance cannot be considered a matter of it. Over the years, she lost the title of larger several times in the world – to her enemy Microsoft, as well as Amazon, Google and even the oil giant in Saudi Arabia Aramco. The market value can change rapidly, and the last Nafidia penetration is proven more than ever.
How these companies reach the top, and how they managed to stay there, also changed. Apple and Microsoft is an example of a textbook. Apple has often seen the victim of the market for the success of its sales. While the popularity of products such as iPhone, Mac and iPad has pushed Apple to new heights, the more sales appear to slow in the market value.
On the contrary, Microsoft has built itself in one of the largest companies in the world with a focus on fixed repeated revenue flows. You may not need a smartphone or a new laptop every year, but licensing programs, cloud computers package or video game subscription means continuous payments-and the customer commented.
Then Apple started borrowing from Microsoft Playbook: I launched news and games, video flow service, and even her credit card. Once Apple goes beyond devices to programs and services, the growth of their revenue has become apparently uncompromising. Apple, which was exceeded by NVIDIA and Microsoft, is no longer the world’s leading company in the market, but its evaluation, by about $ 3.5 trillion (as of August 28, 2025, at the end of the second quarter profit season), at the top of the range it has ever reached, and nothing mocks it.
The leaders of the maximum market change with the era
Today, most of the first ten companies by market value are technology companies. Until early 2010, many of the most valuable companies were traditional industrial currencies with a traditional blue slide such as Exxon, Chevron, General Electric or AT & T.
This does not mean that the traditional sectors have lost all their attractiveness. ARAMCO Saudi continues in the first ten place; Exxon, another oil giant, keeps its place in the best 20 years; The American health care company Eli Lily does. Financial companies are also well represented – Berkshire Hathaway, JPMorgan Chase & Co, Visa and MasterCard are capital market fixtures.
However, more often, the largest companies tend to evaluate the stock market to be technical companies, even if they often make things (such as Tesla, still in the first ten positions despite the loss of some steam) or the sale of things (Amazon). Not only that, but instead of a one -time purchase, these physical organisms can often continue to generate fixed and predictable revenue flows over long periods of time. Tesla, for example, has a monthly fee for the features of the automatic pilot and its self -driving features, as well as for the excellent communication package; Amazon offers all kinds of distinctive subscriptions and subscriptions associated with Alexa, Fire TV and Kindle devices.
Today’s addresses are for strong basics
A successful strategy (product, timing, and management) aside, the total value of the dollar of the company’s suspended shares can be affected by countless factors. In general, for a good reason, economic data affect investor morale, growth, inflation and interest rates. On the other hand, US President Donald Trump can often send the stock markets that rise down or rise to its highest new levels without much logical basis to support this step.
But providing unexpected events that can affect the markets almost endless. Take, for example, Covid-19. The so -called accommodation shares, especially the digital platforms and those in e -commerce, have witnessed great gains, as the closures and demand for dimensions led to new technologies. On the contrary, tourism shares and live entertainment services decreased. When the vaccines became available and the global economy began to reopen it slowly, the scene turned again: the companies that flourished during the closures witnessed a decrease in their values, while those who are preparing to benefit from reopening have suffered from recovery.
Focusing closely on constantly changing stock prices and daily events instead of the basic basics can be misleading. Warren Buffett, Chairman of the Board of Berkshire Hathaway (10 companies we have in terms of market value), is fine that the stock market is a fund to transfer money from patience to the patient.
غالبًا ما يدفع الخوف القرارات عندما يتعلق الأمر بشراء وبيع الأسهم ، ولكن حتى في هذه الأوقات الصاخبة ، وسط معدلات التضخم المرتفعة ، والنزاعات التجارية ، والحرب في أوكرانيا وغزة ، وبعد لا يحصى من التوترات الجيوسياسية الأخرى ، وتدفقات ، وتدفقات ، وتدفقات ، وتوجيهات ، وتدفقات ، وتدفقات ، وتدفقات ، وتدفقات ، وتدفقات ، وتدفقات الرسوم ، والرائعة ، وتدفقات الرسوم ، Feeling flows, and wonderful. Research and development.
Market cover is not everything
That is why, to determine what is the largest annual Global 500 menu in Fortune ranked first in the world through revenues instead of market value. Where does NVIDIA, the most severe head company in the world, stand in the Fortune classification? Using the revenue scale, the global pioneer in chip -making technology is 66th in the world only, while the Juggernaut Walmart supermarket is first. When classifying companies by revenue, technology shares do not range as well as when they are classified through their market value – consumer shares, estimated shares, energy and health care dominate instead.
Why, then, stock investors often prefer to pour money into startups that generate a sensation, but minimum or not revenue? Specifically because they hope to discover the following Apple or Amazon-the only technology company and Hybrid Tech-Tech-Tech-Tech-Tech that make the first ten positions in Fortune Global-and turn hundreds into millions. Steve Jobs and Jeff Bezos, after all, always emphasized that investing in future profitability through new products and services takes priority for estimating profit estimates.
There is no simple way to completely confirm the size, impact and expectations of the company. To this end, the annual Forbes Global 2000 menu requires a different approach-a multi-dimensional approach. It ranks first in the world using a vehicle score achieved through the weight of revenues, profits, assets and market value on an equal footing. Once again, various scales will achieve very different results: in this arrangement, the Financial Holding Company occupies the first place, while Amazon is only fifth, Apple XII, and Walmart barely makes it in twenty -eighteen. Nafidia ranks only forty -seventh.
In conclusion, although it is relatively easy – to use economic, technical and regulatory standards – to tell a large company from a small company, which really determines the largest more complicated. Is it NVIDIA, with the huge market value; Wal Mart, with roof revenues and about 11,000 stores in 19 countries; Or Jpmorgan Chase, with its huge origins and high profits?
Size, like many things in life, in the eye of the beholder.
The largest companies in 2025
Rank | a company | sector | nation | The maximum market ($ b) |
---|---|---|---|---|
1 | Nafidia | information technology | USA | 4232.57 |
2 | Microsoft | information technology | USA | 3766.31 |
3 | apple | information technology | USA | 3445.05 |
4 | alphabet | information technology | USA | 2578.30 |
5 | Amazon | Dicrateary consumer | USA | 2442.26 |
6 | Dead | information technology | USA | 1855.59 |
7 | Saudi oil | energy | Kingdom of Saudi Arabia | 1527.00 |
8 | Broadcom | information technology | USA | 1398.77 |
9 | Taiwan manufacturing semiconductors | information technology | Taiwan | 1197.26 |
10 | Berkshire Hathaway | Financial data | USA | 1085.54 |
11 | Timing | Dicrateary consumer | USA | 1076.88 |
12 | Jpmorgan Chase & Co | Financial data | USA | 828.83 |
13 | Wal Mart | Consumer pins | USA | 773.94 |
14 | Tinetnets holders | information technology | Hong Kong | 706.37 |
15 | Eli Lily and Partners | health care | USA | 693.36 |
16 | Visa | Financial data | USA | 677.74 |
17 | Oracle | information technology | USA | 635.16 |
18 | MasterCard | Financial data | USA | 538.15 |
19 | Netflix | information technology | USA | 513.42 |
20 | Exxon Mobil | energy | USA | 487.25 |
*As of August 28, 2025
Fortune Global 500
Rank | a company | Revenue ($ m) | Profits ($ m) | Assets ($ M) | employees |
---|---|---|---|---|---|
1 | Wal Mart | 680,985 | 19,436 | 260,823 | 2100,000 |
2 | Amazon | 637,959 | 59,248 | 624,894 | 1,556,000 |
3 | State Network | 548,414 | 10,045 | 797,694 | 1,354,310 |
4 | Saudi Aramco | 480,194 | 104,982 | 645,097 | 75,118 |
5 | National Petroleum China | 412,645 | 22,424 | 607,615 | 985,155 |
6 | Cinemak | 407,490 | 8,036 | 375395 | 495,096 |
7 | United | 400,278 | 14,405 | 298,278 | 400000 |
8 | apple | 391,035 | 93,736 | 364,980 | 164,000 |
9 | CVS Health | 372,809 | 4,614 | 253,215 | 259,500 |
10 | Berkshire Hathaway | 371,433 | 88,995 | 1,153,881 | 392,400 |
11 | Mixon | 359,051 | 3,295 | 75140 | 44000 |
12 | Volkswagen | 351,093 | 12,275 | 655317 | 646,501 |
13 | alphabet | 350,018 | 100,118 | 450,256 | 183,323 |
14 | Exxon Mobil | 349,585 | 33,680 | 453,475 | 60,900 |
15 | Toyota is an engine | 315,110 | 31258 | 624,467 | 383,853 |
16 | Chinese government construction engineering | 304,121 | 3667 | 438,013 | 361,249 |
17 | Cencora | 293,959 | 1509 | 67,102 | 44000 |
18 | coincidence | 289,029 | 16,094 | 387,609 | 96000 |
19 | Jpmorgan Chase | 278,906 | 58,471 | 4,002,814 | 317,233 |
20 | Costco in bulk | 254,453 | 7,367 | 69,831 | 333,000 |
*As of March 31, 2025
2025 Forbes Global 2000
Rank | name | Headquarters | industry | Sales revenue ($ b) | Profit ($ b) | Assets ($ b) | Market value ($ b) |
---|---|---|---|---|---|---|---|
1 | Jpmorgan Chase & Co | USA | Banking | 285.11 | 59.36 | 4357.86 | 677.80 |
2 | Berkshire Hathaway | USA | insurance | 371.43 | 89.00 | 1153.88 | 1145.46 |
3 | ICBC | China | Banking | 221.96 | 50.84 | 6688.60 | 251.33 |
4 | Saudi oil | Kingdom of Saudi Arabia | Oil and gas operations | 480.15 | 104.97 | 645.03 | 1663.38 |
5 | Amazon | USA | Retailing and wholesale | 637.96 | 59.25 | 624.89 | 2005.64 |
6 | Bank of America | USA | Banking | 196.53 | 27.85 | 3349.42 | 300.06 |
7 | Building Bank China | China | Banking | 196.71 | 46.64 | 5558.26 | 219.81 |
8 | Agricultural Bank in China | China | Banking | 198.02 | 39.20 | 5923.64 | 212.51 |
9 | alphabet | USA | IT programs and services | 359.31 | 111.00 | 475.37 | 1973.64 |
10 | Microsoft | USA | IT programs and services | 261.80 | 92.75 | 533.90 | 2913.01 |
11 | apple | USA | Technological devices and equipment | 395.76 | 96.15 | 344.08 | 3143.82 |
12 | China Bank | China | Banking | 177.05 | 32.30 | 4855.83 | 164.71 |
13 | Exxonmobil | USA | Oil and gas operations | 339.91 | 33.68 | 453.48 | 469.60 |
14 | Toyota is an engine | Japan | Consumer issues | 308.57 | 33.65 | 602.41 | 244.39 |
15 | HSBC Holdings | UK | Banking | 145.25 | 22.97 | 3017.05 | 196.16 |
16 | Wales Vargo | USA | Banking | 124.00 | 20.00 | 1950.31 | 227.44 |
17 | UNITEDHELHELTH Group | USA | insurance | 410.06 | 22.11 | 309.79 | 382.94 |
18 | Wal Mart | USA | Retail | 680.99 | 19.44 | 260.82 | 762.32 |
19 | Samsung Electronics | South Korea | Technological devices and equipment | 220.63 | 24.65 | 349.51 | 259.77 |
20 | Goldman Sachs | USA | Various financial statements | 120.09 | 14.88 | 1766.00 | 169.34 |
*As of April 25, 2025
Editor’s note: The annual Forbes Global 2000 team occupies the largest companies in the world, as it included “the best” based on the extent of the vehicle’s Forbus from revenues, profits, assets and market value.