With over 670 billion U.S. dollars in revenue, Walmart topped the ranking of the hundred largest companies globally, followed by Amazon. Walmart was also the largest company in the world based on its number of employees, with some 2.1 million all over the world. Largest corporations based on revenue - additional information The concept of revenue itself might slightly differ depending on country or even from one company to another. It usually refers to the income resulted from normal business activities, such as the sale of goods and services to customers. Walmart The American-based multinational corporation Walmart was founded in 1962 and currently operates over 10,600 stores worldwide, out of which 4,600 are in the United States alone. In 2024, Walmart was ranked the third most valuable retail brand in the world, with a brand value of about 60 billion U.S. dollars. Follow this link to get access to the top 500 companies from all industries list.

In 2023, online retail platform Amazon ranked first among publicly traded internet companies, with global annual revenue amounting to 574 billion U.S. dollars. Online company Alphabet generated roughly 282.83 billion U.S. dollars in annual revenues, the majority of it through advertising. Amazon is also the highest ranked U.S. online company based on market capitalization.

Shell had the highest annual revenue of all companies based in the United Kingdom in 2024, at approximately 289.7 billion U.S. dollars. BP had the second-highest annual revenue at 202.8 billion dollars, followed by HSBC Holdings, which had a revenue of 144.9 billion U.S. dollars. In terms of global employee numbers, however, Compass Group had the highest number among UK-based businesses, at approximately half a million in 2024, followed by Tesco at 345,000 and HSBC at almost 214,000. Big Oil, a banking giant, and Britain's top supermarket chain The two companies listed as having the most revenue in the UK this year also two of the biggest oil and gas companies in the world, alongside Chevron, Eni, ExxonMobil, and TotalEnergies. After a huge surge in energy prices in 2022, these companies saw their profits recede slightly in 2023, but clearly remain in strong financial positions. HSBC Holdings, meanwhile, was the largest bank in Europe in terms of market capitalization, and was estimated to have the third-highest number of UK-based customers in 2023. The company with the fourth-highest revenue in this year, Tesco has by some distance the largest grocery-market share in Great Britain, a position it has maintained despite growing competition from discounters like Lidl and Aldi. UK economy health check In the first two quarters of 2024, the UK economy grew by 0.7 percent, and 0.6 percent, emerging from a brief recession at the end of 2023. Consumer Price inflation, which reached a peak of 11.1 percent in October 2022, fell below two percent in September 2024, for the first time since April 2021, potentially leading to further interest rate cuts. Despite these generally positive signs, business confidence in the UK in September 2024 was lower than at any point since early 2021. Company insolvencies in England and Wales have also reached levels not seen since the global financial crisis in the late 2000s. This generally mixed picture will be influenced by the next government budget set for the end of October 2024, which may see certain taxes increase due to the UK's tricky fiscal situation.

In 2024, Google's parent company reported an annual revenue increase of 14 percent. In 2023, video content and streaming platform Netflix increased its annual revenue by seven percent. Meta Platforms (formerly Facebook Inc.) generated a 16 percent year-on-year revenue increase during the same period. Additionally, Amazon had a year-over-year revenue increase of 12 percent for its fiscal year of 2023.

In 2024, the Saudi Arabian oil company Saudi Aramco posted the highest revenue of any company in the world before taxes, with an income of over 208 billion U.S. dollars. Apple, Alphabet, Berkshire Hathaway, and Microsoft rounded out the top five spots in the ranking of most profitable companies. What is net income? Net income, or net profit, which differs slightly from pre-tax income, is the figure that gives the most complete overview of a company’s profitability: It is calculated as the revenue of a company less all operating expenses, debt payments, interest paid, income from subsidiary holdings, taxes, etc. Different industries have different net profit margins. The Apple doesn’t fall far In terms of market value, Microsoft was the largest company in the world in 2024, with Apple following in second. Since the beginning of the new millennium, Apple has reported ever rising amounts of worldwide revenue, with iPhone sales leading the charge.

In 2023, global online platform Alphabet generated 307.39 billion U.S. dollars in revenues. Online retail company Amazon was ranked first with over 574.78 billion U.S. dollars in annual revenues, up from 513.98 billion U.S. dollars in the previous year.

In the most recently reported fiscal year, Google's revenue amounted to 348.16 billion U.S. dollars. Google's revenue is largely made up by advertising revenue, which amounted to 264.59 billion U.S. dollars in 2024. As of October 2024, parent company Alphabet ranked first among worldwide internet companies, with a market capitalization of 2,02 billion U.S. dollars. Google’s revenue Founded in 1998, Google is a multinational internet service corporation headquartered in California, United States. Initially conceptualized as a web search engine based on a PageRank algorithm, Google now offers a multitude of desktop, mobile and online products. Google Search remains the company’s core web-based product along with advertising services, communication and publishing tools, development and statistical tools as well as map-related products. Google is also the producer of the mobile operating system Android, Chrome OS, Google TV as well as desktop and mobile applications such as the internet browser Google Chrome or mobile web applications based on pre-existing Google products. Recently, Google has also been developing selected pieces of hardware which ranges from the Nexus series of mobile devices to smart home devices and driverless cars. Due to its immense scale, Google also offers a crisis response service covering disasters, turmoil and emergencies, as well as an open source missing person finder in times of disaster. Despite the vast scope of Google products, the company still collects the majority of its revenue through online advertising on Google Site and Google network websites. Other revenues are generated via product licensing and most recently, digital content and mobile apps via the Google Play Store, a distribution platform for digital content. As of September 2020, some of the highest-grossing Android apps worldwide included mobile games such as Candy Crush Saga, Pokemon Go, and Coin Master.

The statistic depicts the annual average sales revenue per business enterprise in the software industry in Japan in 2018, by company size based on the number of employees. That year, the average annual sales revenue of software companies in Japan was about 67.6 billion Japanese yen. Software companies with 500 or more employees generated an yearly average of almost four trillion Japanese yen per business enterprise.

In 2023, Meta Platforms had a total annual revenue of over 134 billion U.S. dollars, up from 116 billion in 2022. LinkedIn reported its highest annual revenue to date, generating over 15 billion USD, whilst Snapchat reported an annual revenue of 4.6 billion USD.

In 2024, Microsoft generated approximately, 2780 billion U.S. dollars in revenue, making it the largest IT services company in the world in terms of revenue. Other major firms in the IT services market include Alphabet Inc., with revenues of over 1780 billion U.S. dollars, followed by AWS and Meta. IT services market A key sub-sector of the larger information technology industry is the IT services market. This sub-sector brings in hundreds of millions of dollars each year, with forecasts suggesting that this number will reach 1.42 trillion U.S. dollars in spending in 2023 after eclipsing the one trillion dollar mark in 2019. Digitalization, along with constant technological advancement, means that businesses in nearly every industry rely on IT services which results in continuous market spending. What are IT services products? The term IT services refers to a large amount of services and solutions used by businesses to assess, manage, and deliver information. These services include cloud computing, database management, as well as hardware deployment and support. Notably, these IT solutions assist in a vast array of business functions and thereby empower companies to stay agile and adaptive in a quickly changing environment.

As of June 2024, TotalEnergies had the highest revenue during the last 12 months of all companies based in France, at approximately 212.6 billion U.S. dollars. BNP Paribas had the second-highest annual revenue at 157.6 billion U.S. dollars, followed by AXA Group at 109.4 billion U.S. dollars.

In 2024, Cargill was the largest private company in the United States, by revenue. That year, they had a revenue of 160 billion U.S. dollars. In comparison, gas station company QuikTrip made around 19.6 billion U.S. dollars. Cargill Cargill is a multinational corporation that focuses on agricultural services, crop and livestock, raw materials, and health and pharmaceuticals. Most of their business focuses on purchasing and distributing grain, palm oil, energy trade, and steel. It is a family-owned business headquartered in Minnetonka, Minnesota, and founded in 1865. It operates in over 60 countries, has about 150,000 employees, and is responsible for about a quarter of all United States grain exports. Additionally, it also supplies about a quarter of the domestic meat market. Largest U.S. companies United Healthcare Group was the largest health insurance company in 2018, while SC Johnson was the largest private household and personal care product company. United Healthcare is also headquartered in Minnetonka, Minnesota, while SC Johnson is headquartered in Racine, Wisconsin. United Healthcare is not only the largest health insurance company in the United States, but also worldwide. Furthermore, SC Johnson is one of the oldest family-owned companies in the country, and currently over owns over 20 brands.

The revenue of The Williams Companies with headquarters in the United States amounted to 10.91 billion U.S. dollars in 2023. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2019 this is a total increase by approximately 2.71 billion U.S. dollars. The trend from 2019 to 2023 shows, however, that this increase did not happen continuously.

The revenue of Lowe's Companies with headquarters in the United States amounted to 86.38 billion U.S. dollars in 2023. The reported fiscal year ends on January 31.Compared to the earliest depicted value from 2019 this is a total increase by approximately 14.23 billion U.S. dollars. The trend from 2019 to 2023 shows, however, that this increase did not happen continuously.

Walmart had about 2.1 million employees in 2023, the highest of all companies worldwide that year. Walmart also led ranking of companies by revenue in 2022, with a total revenue of about 640 billion U.S. dollars. Amazon followed in second with 1.5 million employees worldwide, with Hoi Han Precision Industry in third.

Walmart

In the United States, where Walmart has its highest number of employees, there are 4,700 stores as of 2023, and some 3,570 of these stores are Walmart’s Supercenters . The company has expanded all around the world, especially having a high number of stores in Central America.

Amazon

The number of people employed by Amazon has increased rapidly in recent years. In 2019, less than 800,000 people worked at the technology company, whereas in it employed more than 1.5 million in 2023. As with the number of employees, its net revenue has also increased over the last years.

Volkswagen had by far the highest annual revenue of all companies based in Germany in 2024, at approximately 348 billion U.S. dollars. BMW had the second highest annual revenue at 168 billion U.S. dollars, followed by Mercedes-Benz which had a revenue of 165 billion U.S. dollars.

The revenue of Umbra Companies with headquarters in the United States amounted to 4.56 million U.S. dollars in 2023. The reported fiscal year ends on October 31.Compared to the earliest depicted value from 2019 this is a total increase by approximately 2.86 million U.S. dollars. The trend from 2019 to 2023 shows, however, that this increase did not happen continuously.

In 2024, the German car manufacturer Volkswagen had a revenue of 348.41 billion U.S. dollars, the largest of any European company. Shell had the second largest revenue in this year at 323.18. billion U.S. dollars, followed by the French petroleum company Total Energy at 218.9 billion dollars with Glencore having the fourth-highest revenue in Europe at 217.83 billion U.S. dollars. VW employs over 684 thousand Volkswagen also was one of the main employers in Europe in 2024 with over 680 thousand working for the German car giant. Volkswagen was only behind the Irish consulting services Accenture, that employed more than 700 thousand people in the same year. In third place, Compass Group from the United Kingdom employed more 550 thousand people. Walmart tops global rankings When the scope is broadened to look at companies worldwide, Walmart had both the largest revenue of any company, (648 billion U.S. dollars) and the highest number of employees at over 2.1 million people. The e-commerce giant Amazon had the second-highest revenue in 2024, at over 500 billion U.S. dollars.

In 2022, e-commerce and point-of-sales platform Shopify was estimated to have generated over five billion U.S. dollars in revenues. Content creators' platform OnlyFans followed with annual revenues of 2.5 billion U.S. dollars. Blockchain and social platform BitClout ranked third, with annual revenues of around one billion U.S. dollars. Impact.com, a website for influencers' recruiting and affiliate marketing, saw revenues of 233.6 million U.S. dollars in 2022. From recruiting and brand pairing to AI analysis of content libraries such as in the case of Jellysmack, internet personalities and creators have seen their opportunity for content monetization grow in the last years.

The energy company Energetický a průmyslový holding had the highest revenue of all Czech companies in 2023, with a revenue value of over 581 billion Czech koruna. However, this was a huge decrease compared to the previous year when its revenue was 911.9 billion Czech koruna. The car manufacturer Škoda Auto finished second with nearly 580 billion koruna, at the same time, it has recorded its highest revenue ever. ČEZ, an energy company, with over 340 billion koruna was placed third.