Between 2019 and 2023, oil and gas explorers and producers logged the highest total revenue worldwide, reaching *** trillion U.S. dollars. Life and health insurance carriers followed behind.
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.
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The average for 2023 based on 168 countries was 26.27 percent. The highest value was in Libya: 77.34 percent and the lowest value was in Sao Tome and Principe: 2.82 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.
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The U.S. manufacturing sector plays a central role in the economy, accounting for 20% of U.S. capital investment, 60% of the nation's exports and 70% of business R&D. Overall, the sector's market size, measured in terms of revenue is worth roughly $6 trillion, making it a major industry to do business with. So which U.S. states are the biggest for manufacturing? This article will explore the nation's top manufacturing states, measured by number of employees, based on MNI's database of 400,000 U.S. manufacturing companies.
With over *** 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 *** 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 ****** stores worldwide, out of which ***** 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 ** billion U.S. dollars. Follow this link to get access to the top 500 companies from all industries list.
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The U.S. manufacturing sector remains a global powerhouse, shaping countless products we rely on every day. From towering skyscrapers to intricate medical devices, American manufacturers drive innovation and economic growth. According to the National Association of Manufacturers, manufacturers in the United States perform more than three-quarters of all private-sector research and development (R&D) in the nation, driving more innovation than any other sector.
In 2024, Microsoft generated approximately, **** 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 **** 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.
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Discover the top 10 largest trucking companies in the world based on revenue, fleet size, and reach. From UPS to Werner Enterprises, learn about these industry leaders shaping the global supply chain.
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Discover the top 10 largest cement companies in the world and learn about their production capacities, global operations, and roles in the construction industry and global economy.
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Explore the top 10 countries leading the import market for women's bathrobes in 2023. Discover key statistics and trends in the global loungewear industry.
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<li>World gdp growth rate for 2022 was <strong>3.24%</strong>, a <strong>3.11% decline</strong> from 2021.</li>
<li>World gdp growth rate for 2021 was <strong>6.35%</strong>, a <strong>9.23% increase</strong> from 2020.</li>
<li>World gdp growth rate for 2020 was <strong>-2.88%</strong>, a <strong>5.55% decline</strong> from 2019.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
The German chemical company BASF was ranked number one in the ranking of the world's leading chemical companies based on revenue, generating a revenue of approximately ***** billion U.S. dollars in 2024. Revenue of the top chemical companies worldwide Chemical companies produce and develop industrial chemicals through the conversion of raw materials –organic and inorganic - into a wide variety of products. Chemical production is classified into two separate categories. There are specialty batch manufacturers that produce more expensive chemicals that are less commonly used within the chemical market. These performance chemicals are often produced by smaller manufacturers. On the other hand, commodity manufacturers tend to produce a large volume of basic and inexpensive compounds. The production of organic polymers for plastics, fibers, and elastomers is a rapidly growing sector of the chemical industry. Leading chemical manufacturing countries The chemical manufacturing industry in the United States is quite prominent, with companies such as Dow, DuPont, and LyondellBasell Industries. The chemical sector in Europe is also very prominent, as demonstrated by the fact that it represents a great proportion of their manufacturing trade surplus. Europe (and the European Union) is one of the largest chemical trading regions in the world. With Germany accounting for the largest share of total EU chemical revenue. Three of Germany’s chemical companies are considered some of the largest in the world. German companies BASF and Bayer are consistently among the largest earning chemical companies in the world. BASF operates on a global scale and maintains its segmental operations in chemicals, materials, surface technologies, nutrition and care, industrial solutions, and agricultural solutions. With headquarters around the world, Bayer is known for marketing heroin in the past and branding aspirin.
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Discover the top 10 steel producers globally, ranked by annual production capacity. Learn about the largest companies, including ArcelorMittal, China Baowu Steel Group, Nippon Steel, and more, shaping the future of the steel industry.
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The global big data analytics market size was valued at $307.52 billion in 2023 & is projected to grow from $348.21 billion in 2024 to $961.89 billion by 2032
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Global Information Technology market size is expected to reach $13176.84 billion by 2029 at 8.2%, segmented as by type, it services, computer hardware, telecom, software products
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Discover the top 10 biggest shoe brands in the world known for their quality, innovation, and influence in the footwear industry. From Nike to Skechers, explore their impact on fashion and sports.
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Discover the top 10 countries by import value of cocoa beans in the global market. Learn about key statistics and market trends in the cocoa bean industry.
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Explore the top import markets for bumpers in 2023 and the key statistics behind their import activities. Find out which countries lead the global market for bumper imports.
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Discover the top 10 sugar producing companies in the world, including leading players like Cargill, AB Sugar, Tereos, Suedzucker, and more. Explore their global presence, diversified portfolios, and contributions to the sugar industry.
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Explore the top 10 countries driving the import market for conveyor or transmission belts in 2023. Learn about the key players and trends shaping the industry.
Between 2019 and 2023, oil and gas explorers and producers logged the highest total revenue worldwide, reaching *** trillion U.S. dollars. Life and health insurance carriers followed behind.