With a market capitalization of 3.12 trillion U.S. dollars as of May 2024, Microsoft was the world’s largest company that year. Rounding out the top five were some of the world’s most recognizable brands: Apple, NVIDIA, Google’s parent company Alphabet, and Amazon. Saudi Aramco led the ranking of the world's most profitable companies in 2023, with a pre-tax income of nearly 250 billion U.S. dollars. How are market value and market capitalization determined? Market value and market capitalization are two terms frequently used – and confused - when discussing the profitability and viability of companies. Strictly speaking, market capitalization (or market cap) is the worth of a company based on the total value of all their shares; an important metric when determining the comparative value of companies for trading opportunities. Accordingly, many stock exchanges such as the New York or London Stock Exchange release market capitalization data on their listed companies. On the other hand, market value technically refers to what a company is worth in a much broader context. It is determined by multiple factors, including profitability, corporate debt, and the market environment as a whole. In this sense it aims to estimate the overall value of a company, with share price only being one element. Market value is therefore useful for determining whether a company’s shares are over- or undervalued, and in arriving at a price if the company is to be sold. Such valuations are generally made on a case-by-case basis though, and not regularly reported. For this reason, market capitalization is often reported as market value. What are the top companies in the world? The answer to this question depends on the metric used. Although the largest company by market capitalization, Microsoft's global revenue did not manage to crack the top 20 companies. Rather, American multinational retailer Walmart was ranked as the largest company in the world by revenue. Walmart also had the highest number of employees in the world.

Graph and download economic data for Market Capitalization Outside of Top 10 Largest Companies to Total Market Capitalization for Brazil (DDAM02BRA156NWDB) from 1998 to 2019 about market cap, Brazil, companies, and stock market.

As of January 2025, Amazon's market capitalization surpassed 2.4 trillion U.S. dollars, making it the most valuable internet company by market capitalization worldwide. Second-ranked Alphabet had a market capitalization of approximately 2.2 trillion U.S. dollars. Social networking company Meta Platforms (née Facebook Inc.) ranked third. Facebook is the leading social network worldwide and has successfully taken advantage of the increasingly mobile online environment. Amazon's position in the market Amazon is one of the biggest internet companies worldwide by revenue. It generates profit from its position as the world's largest online retailer. In 2023, the company's net sales revenue amounted to 574.78 billion U.S. dollars. The e-commerce giant's net revenue, generated through online stores, was 231.87 billion U.S. dollars. Google and its most profitable services Google, with the parent company Alphabet inc, generates its revenue mainly from advertising. The company uses its advertisement services, such as Google AdWords – which takes advantage of Google searches and appears as small advertisements next to search results – and Google AdSense, which generates advertisements based on a user's search history and location, among others. Advertisements based on AdSense appear across Google-owned sites, including YouTube and Google Finance. The online company also profits from the development of Android OS, licensing, and mobile apps. In 2024, Google’s total revenue amounted to 348.16 billion U.S. dollars.

Graph and download economic data for Market Capitalization Outside of Top 10 Largest Companies to Total Market Capitalization for Peru (DDAM02PEA156NWDB) from 1998 to 2020 about Peru, market cap, companies, and stock market.

Graph and download economic data for Market Capitalization Outside of Top 10 Largest Companies to Total Market Capitalization for Spain (DDAM02ESA156NWDB) from 1998 to 2020 about market cap, Spain, companies, and stock market.

Graph and download economic data for Market Capitalization Outside of Top 10 Largest Companies to Total Market Capitalization for Cyprus (DDAM02CYA156NWDB) from 2004 to 2020 about Cyprus, market cap, companies, and stock market.

Graph and download economic data for Market Capitalization Outside of Top 10 Largest Companies to Total Market Capitalization for India (DDAM02INA156NWDB) from 2001 to 2018 about market cap, companies, India, and stock market.

Graph and download economic data for Market Capitalization Outside of Top 10 Largest Companies to Total Market Capitalization for Greece (DDAM02GRA156NWDB) from 1998 to 2020 about Greece, market cap, companies, and stock market.

The New York Stock Exchange (NYSE) is the largest stock exchange in the world, with an equity market capitalization of almost ** trillion U.S. dollars as of June 2025. The following three exchanges were the NASDAQ, PINK Exchange, and the Frankfurt Exchange. What is a stock exchange? A stock exchange is a marketplace where stockbrokers, traders, buyers, and sellers can trade in equities products. The largest exchanges have thousands of listed companies. These companies sell shares of their business, giving the general public the opportunity to invest in them. The oldest stock exchange worldwide is the Frankfurt Stock Exchange, founded in the late sixteenth century. Other functions of a stock exchange Since these are publicly traded companies, every firm listed on a stock exchange has had an initial public offering (IPO). The largest IPOs can raise billions of dollars in equity for the firm involved. Related to stock exchanges are derivatives exchanges, where stock options, futures contracts, and other derivatives can be traded.

Graph and download economic data for Market Capitalization Outside of Top 10 Largest Companies to Total Market Capitalization for Slovenia (DDAM02SIA156NWDB) from 1998 to 2014 about Slovenia, market cap, companies, and stock market.

Analysis of ‘6,000 Largest Companies Ranked by Market Cap’ provided by Analyst-2 (analyst-2.ai), based on source dataset retrieved from https://www.kaggle.com/prasertk/6000-largest-companies-ranked-by-market-cap on 13 February 2022.

--- Dataset description provided by original source is as follows ---

Context

Largest Companies by Market Cap.

Acknowledgements

Data source: https://companiesmarketcap.com/ Cover image credit: https://www.pexels.com/photo/high-rise-buildings-443383/

--- Original source retains full ownership of the source dataset ---

Lebanon LB: Market Capitalization: Listed Domestic Companies data was reported at 11.492 USD bn in 2017. This records a decrease from the previous number of 12.163 USD bn for 2016. Lebanon LB: Market Capitalization: Listed Domestic Companies data is updated yearly, averaging 8.596 USD bn from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 12.850 USD bn in 2009 and a record low of 1.228 USD bn in 2001. Lebanon LB: Market Capitalization: Listed Domestic Companies data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Lebanon – Table LB.World Bank.WDI: Financial Sector. Market capitalization (also known as market value) is the share price times the number of shares outstanding (including their several classes) for listed domestic companies. Investment funds, unit trusts, and companies whose only business goal is to hold shares of other listed companies are excluded. Data are end of year values converted to U.S. dollars using corresponding year-end foreign exchange rates.; ; World Federation of Exchanges database.; Sum; Stock market data were previously sourced from Standard & Poor's until they discontinued their 'Global Stock Markets Factbook' and database in April 2013. Time series have been replaced in December 2015 with data from the World Federation of Exchanges and may differ from the previous S&P definitions and methodology.

As of May 2025, Amazon was the biggest internet company worldwide with a market cap of over ************ U.S. dollars Second-ranked Alphabet had a market capitalization of **** trillion U.S. dollars. The end of the 1990s in the United States saw the rise of a great number of internet companies, also called online companies or a variety of the name “dot com,” where the “.com” domain is derived from the word commercial. At the time, such startups were merely riding the wave of early internet business, but had little capital and perhaps one good idea. Few companies have survived the burst of the dot com bubble and even fewer have managed to become internationally successful. A few notable exceptions are American companies such as Google (founded in 1998), Amazon (founded in 1994) or eBay Inc. (founded in 1995), and the Chinese online giant Alibaba (founded in 1998), which have come to be some of the largest internet companies in the world. One of the largest internet companies worldwide is currently Alphabet, the parent company of Google, with a market capitalization of **** trillion U.S. dollars as of May 2025. Having started as a PhD project at Stanford University, the Google project slowly gained traction and is now the number one search engine in the world, with a market share of ** percent on the search engine market. Due to a number of high profile acquisitions, Google has expanded its portfolio beyond search, to include the video content sharing site YouTube, the digital app platform Google Play Store, the webmail service Gmail and the web browser Google Chrome, to only name a few. In October 2015, Google reorganized itself into a newly created parent company, the multinational conglomerate Alphabet Inc. The biggest internet companies in terms of their workforce are currently Amazon, Alphabet and Meta.

Key information about United States Market Capitalization: % of GDP

• United States Market Capitalization accounted for 155.0 % of its Nominal GDP in Dec 2022, compared with a percentage of 205.0 % in the previous year
• US Market Capitalization: % Nominal GDP is updated yearly, available from Dec 1975 to Dec 2022
• The data reached an all-time high of 205.0 % in Dec 2021 and a record low of 36.7 % in Dec 1978

Business Valuation Service Market Outlook

The global market size of the Business Valuation Service Market was valued at approximately USD 7.2 billion in 2023 and is forecasted to reach about USD 12.5 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.1% during the forecast period. This market is being driven by the increasing number of mergers and acquisitions (M&A), the rising need for accurate financial reporting, and the growing significance of compliance with regulatory standards.

The growth of the Business Valuation Service Market is significantly bolstered by the escalating number of M&A activities across various industries. Companies are increasingly seeking professional valuation services to ascertain the fair value of assets, ensuring better negotiation and decision-making processes. Additionally, the economic uncertainties and the complex nature of financial transactions are pushing firms to rely on expert valuation services to mitigate risks and ensure compliance with financial regulations.

Another crucial growth factor is the heightened emphasis on compliance and regulatory standards. With governments and regulatory bodies around the world tightening their oversight regarding financial reporting, businesses are under pressure to provide precise and reliable valuations. This scenario is particularly evident in industries like BFSI and healthcare, where accurate valuation is critical for compliance with standards like IFRS (International Financial Reporting Standards) and GAAP (Generally Accepted Accounting Principles).

Technological advancements are also playing a vital role in the expansion of the Business Valuation Service Market. The advent of sophisticated analytical tools and big data analytics is enabling more accurate and efficient valuation processes. These technologies help in the detailed analysis of vast volumes of financial data, leading to more reliable valuations. Furthermore, the integration of AI and machine learning in valuation processes is expected to enhance the precision and speed of these services, thereby attracting more businesses to opt for professional valuation services.

In the context of compliance and regulatory standards, 409A Valuations Services have become increasingly vital for businesses, especially those offering stock options and deferred compensation plans. These services ensure that companies adhere to IRS regulations, preventing potential tax penalties and ensuring fair market value assessments. As businesses navigate the complexities of financial reporting, 409A valuations provide a structured approach to valuing private company stock, thereby supporting compliance with financial regulations. This is particularly crucial for startups and tech companies where stock options are a common form of employee compensation.

Regionally, North America holds a substantial share of the global Business Valuation Service Market, driven by the high number of corporate transactions and the presence of numerous established players in the region. However, the Asia Pacific region is expected to witness the highest growth rate during the forecast period, propelled by the rapid economic development and increasing awareness about the importance of accurate business valuation in emerging economies like China and India. Additionally, Europe and Latin America are also expected to showcase steady growth due to the ongoing corporate restructuring activities and the growing focus on regulatory compliance.

Transaction Valuation Analysis

Transaction valuation is a critical segment of the Business Valuation Service Market, encompassing services that determine the fair value of a business during transactions such as mergers, acquisitions, and divestitures. This segment is witnessing substantial growth, primarily due to the increasing frequency of M&A activities across various industries. Companies rely on transaction valuation services to ensure that they are making informed decisions based on accurate and comprehensive financial assessments. The rising complexity of these transactions necessitates precise and reliable valuations, further driving the demand for transaction valuation services.

Another significant factor contributing to the growth of the transaction valuation segment is the need for better negotiation capabilities during corporate transactions. Accurate valuation services provide buyers and sellers with a clear understanding of the

Top Wealth market cap as of June 23, 2025 is $0.01B. Top Wealth market cap history and chart from 2023 to 2024. Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly traded company and is calculated by multiplying the current stock price by the number of shares outstanding.

As of May 23, 2025, Microsoft was the leading tech company by market capitalization globally at 3.38 trillion U.S. dollars. Nvidia ranked second at 3.24 trillion U.S. dollars. Tech company stocks were impacted through 2025 as a result of various global tariff threats by the United States government. Apple among the leaders Since its foundation in a Californian garage in 1976, Apple has expanded massively, becoming one of the most valuable companies in the world. The company started its origins in the PC industry with the Macintosh, but soon entered other segments of the consumer electronics market. Today, the iPhone is the most popular Apple product, although Mac, iPad, wearables, and services also contribute to its high revenues. Aiming at innovation, Apple invests every year in research and development, spanning a wide array of technologies from AI through to extended reality. Nvidia's immense growth With a focus that began with origins in gaming, Nvidia's business strategy has been transformed by demand from data centers that sit at the heart of the AI boom. The company's chips have been favored to support in the training and running of a range of large language models, most notably in the development of OpenAI's ChatGPT.

This horizontal bar chart displays market cap ($) by company using the aggregation sum. The data is filtered where the company is Pixelworks. The data is about companies.

This horizontal bar chart displays market cap ($) by public companies using the aggregation sum. The data is filtered where the company is HERA. The data is about companies.

TOP Financial Group market cap as of June 17, 2025 is $0.04B. TOP Financial Group market cap history and chart from 2022 to 2024. Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly traded company and is calculated by multiplying the current stock price by the number of shares outstanding.