By country
Forbes Global 2000 as of 2023: [2] [3]
The Forbes Global 2000 is an annual ranking of the top 2000 public companies in the world, published by Forbes magazine. "The Global 2000" annual ranking is assembled by Forbes using a weighted assessment of four metrics: sales, profit, assets and market value. [1] The list has been published annually since 2003.
Forbes Global 2000 as of 2023: [2] [3]
In 2023, the ten largest companies as calculated by this method were: [4]
| Rank | Company | Headquarters | Industry | Sales (billion $) | Profits (billion $) | Assets (billion $) |
|---|---|---|---|---|---|---|
| 1 | JPMorgan Chase [5] | New York | Banking, financial services | 179.93 | 41.8 | 3,700 |
| 2 | Saudi Aramco | Dhahran | Oil and gas | 393.16 | 61.69 | 369.4 |
| 3 | Citigroup | New York | Banking, financial services | 216.77 | 52.47 | 6,100 |
| 4 | Industrial and Commercial Bank of China | Beijing | Banking, financial services | 203.08 | 48.25 | 5,000 |
| 5 | China Construction Bank | Beijing | Banking, financial services | 186.14 | 37.92 | 5,400 |
| 6 | Bank of America | Charlotte | Banking, financial services | 133.84 | 28.62 | 3,200 |
| 7 | Alphabet [6] | Mountain View, California | Internet | 282.85 | 58.59 | 369.5 |
| 8 | Berkshire Hathaway | Omaha | Conglomerate | 589.47 | 156.36 | 653.9 |
| 9 | Microsoft | Redmond | Software | 207.59 | 69.02 | 380.1 |
| 10 | Apple Inc. | Cupertino | Software | 385.1 | 94.32 | 332.2 |
In 2022, the ten largest companies as calculated by this method were: [7]
| Rank | Company | Headquarters | Industry | Sales (billion $) | Profits (billion $) | Assets (billion $) | Market value (billion $) |
|---|---|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | Omaha | Conglomerate | 276.1 | 89.9 | 958.8 | 741.5 |
| 2 | Industrial and Commercial Bank of China | Beijing | Banking, financial Service | 208.1 | 54.0 | 5,518.5 | 214.4 |
| 3 | Saudi Aramco | Dhahran | Oil and gas | 400.4 | 105.4 | 576.0 | 2,292.1 |
| 4 | JPMorgan Chase | New York | Banking, financial services | 124.5 | 42.1 | 3,954.7 | 374.5 |
| 5 | China Construction Bank | Beijing | Banking, financial services | 202.1 | 46.9 | 4,747.0 | 181.3 |
| 6 | Amazon.com, Inc. | Seattle | Conglomerate | 469.8 | 33.4 | 420.6 | 1,468.4 |
| 7 | Apple Inc. | Cupertino | Computer software | 678.7 | 100.6 | 381.2 | 2,640.3 |
| 8 | Citigroup | New York | Banking, financial services | 181.4 | 37.4 | 4,561.1 | 133.4 |
| 9 | Bank of America | Charlotte | Banking, financial services | 96.8 | 31.0 | 3,238.2 | 303.1 |
| 10 | Toyota Motor | Toyota, Aichi | Automotive | 281.8 | 28.2 | 552.5 | 237.7 |
In 2021, the ten largest companies as calculated by this method were: [8]
| Rank | Company | Headquarters | Industry | Sales (billion $) | Profits (billion $) | Assets (billion $) | Market value (billion $) |
|---|---|---|---|---|---|---|---|
| 1 | Industrial and Commercial Bank of China | Beijing | Banking, financial Service | 190.5 | 45.8 | 4914.7 | 249.5 |
| 2 | JPMorgan Chase | New York City | Banking, financial services | 136.2 | 40.4 | 3689.3 | 464.8 |
| 3 | Berkshire Hathaway | Omaha | Banking, financial services | 245.5 | 42.5 | 873.7 | 624.4 |
| 4 | China Construction Bank | Beijing | Banking, financial services | 173.5 | 39.3 | 4301.7 | 210.4 |
| 5 | Saudi Aramco | Dhahran | Oil and gas | 229.7 | 49.3 | 510.3 | 1897.2 |
| 6 | Apple Inc. | Cupertino | Computer software | 294 | 63.9 | 354.1 | 2252.3 |
| 6 | Bank of America | Charlotte | Banking, financial services | 98.8 | 17.9 | 2832.2 | 336.3 |
| 6 | Ping An Insurance | Shenzhen | Financial services | 169.1 | 20.8 | 1453.8 | 211.2 |
| 9 | Citigroup | New York | Banking, financial services | 153.9 | 31.3 | 4159.9 | 140.1 |
| 10 | Amazon.com, Inc. | Seattle | Conglomerate | 386.1 | 21.3 | 321.2 | 1711.8 |
In 2020, the ten largest companies as calculated by this method were: [9]
| Rank | Company | Headquarters | Industry | Sales (billion $) | Profits (billion $) | Assets (billion $) | Market value (billion $) |
|---|---|---|---|---|---|---|---|
| 1 | Industrial and Commercial Bank of China | Beijing | Banking, financial services | 177.2 | 45.3 | 4322.5 | 242.3 |
| 2 | China Construction Bank | Beijing | Banking, financial services | 162.1 | 38.9 | 3822 | 203.8 |
| 3 | JPMorgan Chase | New York City | Banking, financial services | 142.9 | 30 | 3139.4 | 291.7 |
| 4 | Berkshire Hathaway | Omaha | Banking, financial services | 254.6 | 81.4 | 817.7 | 455.4 |
| 5 | Citigroup | New York | Banking, financial services | 148.7 | 30.9 | 3697.5 | 147.2 |
| 6 | Saudi Aramco | Dhahran | Oil and gas | 329.8 | 88.2 | 398.3 | 1284.8 |
| 7 | Ping An Insurance | Shenzhen | Financial services | 155 | 18.8 | 1218.6 | 187.2 |
| 8 | Bank of America | Charlotte | Banking, financial services | 112.1 | 24.1 | 2620 | 208.6 |
| 9 | Apple Inc. | Cupertino | Computer software | 267.7 | 57.2 | 320.4 | 1285.5 |
| 10 | Bank of China | Beijing | Banking, financial services | 135.4 | 27.2 | 3387 | 112.8 |
In 2019, the ten largest companies as calculated by this method were: [10]
| Rank | Company | Headquarters | Industry | Sales (billion $) | Profits (billion $) | Assets (billion $) | Market value (billion $) |
|---|---|---|---|---|---|---|---|
| 1 | Industrial and Commercial Bank of China | Beijing | Banking, financial services | 175.9 | 45.2 | 4034.5 | 305.1 |
| 2 | JPMorgan Chase | New York City | Banking, financial services | 132.9 | 32.7 | 2737.2 | 368.5 |
| 3 | China Construction Bank | Beijing | Banking, financial services | 150.3 | 38.8 | 3382.4 | 225 |
| 4 | Citigroup | New York City | Banking, financial services | 137.5 | 30.9 | 3293.1 | 197 |
| 5 | Bank of America | Charlotte | Banking, financial services | 111.9 | 28.5 | 2377.2 | 287.3 |
| 6 | Apple Inc. | Cupertino | Electronic and software | 261.7 | 59.4 | 373.7 | 961.3 |
| 7 | Ping An Insurance | Shenzhen | Financial services | 151.8 | 16.3 | 1038.3 | 220.2 |
| 8 | American Express | Buffalo | Banking, financial services | 126.7 | 27.5 | 3097.6 | 143 |
| 9 | Royal Dutch Shell | The Hague | Oil and gas | 382.6 | 23.3 | 399.2 | 264.9 |
| 10 | Wells Fargo | San Francisco | Banking, financial services | 101.5 | 23.1 | 1887.8 | 214.7 |
In 2018, the ten largest companies as calculated by this method were: [11]
| Rank | Company | Headquarters | Industry | Sales (billion $) | Profits (billion $) | Assets (billion $) | Market value (billion $) |
|---|---|---|---|---|---|---|---|
| 1 | Industrial and Commercial Bank of China | Beijing | Banking, financial services | 165.3 | 43.7 | 4210.9 | 311 |
| 2 | China Construction Bank | Beijing | Banking, financial services | 143.2 | 37.1 | 3631.6 | 261.2 |
| 3 | JPMorgan Chase | New York City | Banking, financial services | 118.2 | 26.5 | 2609.8 | 387.7 |
| 4 | Berkshire Hathaway | Omaha | Conglomerate | 235.2 | 39.7 | 702.7 | 491.9 |
| 5 | Citigroup | New York City | Banking, financial services | 129.3 | 29.6 | 3439.3 | 184.1 |
| 6 | Bank of America | Charlotte | Banking, financial services | 92.2 | 16.6 | 2196.8 | 231.9 |
| 7 | Wells Fargo | San Francisco | Banking, financial services | 103.0 | 21.7 | 1915.4 | 265.3 |
| 8 | Apple Inc. | Cupertino | Computing | 247.5 | 53.3 | 367.5 | 926.9 |
| 9 | Bank of China | Beijing | Banking, financial services | 118.2 | 26.4 | 3204.2 | 158.6 |
| 10 | American Express | Buffalo | Banking, financial services | 141.6 | 13.9 | 1066.4 | 181.4 |
As a group, the Forbes Global 2000 in year 2018 accounts for $39.1* trillion in sales, $3.2 trillion in profit, $189* trillion in assets and $56.8* trillion in market value.
The top-ranked companies in each industry sector are as follows.
| Sector | Company | Headquarters | Overall rank | Sales (billion $) | Profits (billion $) | Assets (billion $) | Market value (billion $) |
|---|---|---|---|---|---|---|---|
| Advertising | WPP | London | #301 | 18.7 | 1.8 | 42.4 | 30.1 |
| Aerospace & Defense | Boeing | Chicago | #76 | 96.1 | 5.2 | 94.4 | 85.3 |
| Air Courier | United Parcel Service | Sandy Springs | #146 | 58.1 | 4.8 | 38.3 | 93.3 |
| Airline | Delta Air Lines | Atlanta | #170 | 40.5 | 4.7 | 53.3 | 34.4 |
| Aluminum | Alcoa | New York City | #757 | 21.7 | -0.3 | 36.1 | 13.7 |
| Apparel/Accessories | Christian Dior | Paris | #216 | 41.6 | 1.7 | 68.1 | 31.4 |
| Apparel/Footwear Retail | Inditex | A Coruña | #310 | 23.1 | 3.2 | 18.8 | 103.2 |
| Auto & Truck Manufacturers | Toyota Motor | Toyota | #10 | 235.8 | 19.3 | 406.7 | 177.0 |
| Auto & Truck Parts | Continental | Hanover | #209 | 43.5 | 3.0 | 36.7 | 43.7 |
| Beverages | Anheuser-Busch InBev | Leuven | #56 | 43.6 | 8.3 | 136.5 | 204.6 |
| Biotechs | Gilead Sciences | Foster City | #118 | 32.2 | 18.1 | 51.8 | 138.1 |
| Broadcasting & Cable | Comcast | Philadelphia | #35 | 74.5 | 8.2 | 166.6 | 148.2 |
| Business & Personal Services | Alibaba | Hangzhou | #174 | 15.0 | 11.0 | 56.2 | 200.7 |
| Business Products & Supplies | Canon | Tokyo | #254 | 31.4 | 1.8 | 36.8 | 40.4 |
| Casinos & Gaming | Las Vegas Sands | Paradise | #301 | 11.4 | 1.8 | 21.0 | 37.2 |
| Communications Equipment | Cisco Systems | San Jose | #63 | 49.6 | 10.3 | 112.6 | 141.7 |
| Computer & Electronics Retail | Best Buy | Richfield | #637 | 39.5 | 0.9 | 13.5 | 10.7 |
| Computer Hardware | Apple Inc. | Cupertino | #8 | 233.3 | 53.7 | 293.3 | 586.0 |
| Computer Services | Alphabet | Mountain View | #27 | 77.2 | 17.0 | 149.7 | 500.1 |
| Computer Storage Devices | EMC | Hopkinton | #231 | 24.6 | 2.0 | 45.7 | 51.9 |
| Conglomerates | Siemens | Munich | #51 | 85.5 | 6.5 | 133.9 | 91.8 |
| Construction Materials | Saint-Gobain | Courbevoie | #256 | 43.9 | 1.4 | 48.7 | 25.6 |
| Construction Services | China State Construction Engineering | Beijing | #114 | 135.0 | 4.1 | 165.6 | 25.6 |
| Consumer Electronics | Sony | Tokyo | #192 | 67.9 | 1.1 | 142.2 | 34.1 |
| Consumer Financial Services | American Express | New York City | #95 | 34.6 | 5.0 | 159.0 | 63.2 |
| Containers & Packaging | Amcor | Hawthorn | #966 | 9.3 | 0.7 | 8.2 | 13.6 |
| Department Stores | Macy's | New York City | #515 | 27.1 | 1.1 | 20.6 | 12.8 |
| Discount Stores | Wal-Mart Stores | Bentonville | #15 | 482.1 | 14.7 | 199.6 | 215.7 |
| Diversified Chemicals | BASF | Ludwigshafen | #94 | 78.1 | 4.4 | 80.1 | 73.2 |
| Diversified Insurance | Ping An Insurance | Shenzhen | #20 | 98.7 | 8.7 | 732.3 | 90.0 |
| Diversified Metals & Mining | China Shenhua Energy | Beijing | #167 | 27.3 | 2.6 | 85.3 | 43.1 |
| Diversified Utilities | Veolia Environnement | Paris | #526 | 27.7 | 0.5 | 39.0 | 13.3 |
| Drug Retail | CVS Health | Woonsocket | #62 | 153.3 | 5.2 | 93.7 | 110.8 |
| Electric Utilities | Korea Electric Power | Seoul | #97 | 52.1 | 11.7 | 149.5 | 33.1 |
| Electrical Equipment | Schneider Electric | Rueil-Malmaison | #117 | 29.5 | 1.6 | 46.3 | 39.3 |
| Electronics | Hon Hai Precision (Foxconn) | New Taipei City | #117 | 141.2 | 4.6 | 70.3 | 39.2 |
| Environmental & Waste | Waste Management | Houston | #549 | 13.0 | 0.8 | 20.9 | 25.1 |
| Food Processing | Nestlé | Vevey | #33 | 92.2 | 9.4 | 123.9 | 235.7 |
| Food Retail | Kroger | Cincinnati | #223 | 109.8 | 2.0 | 34.9 | 34.2 |
| Forest Products | Empresas CMPC | Santiago | #1943 | 4.8 | 0.3 | 14.8 | 5.4 |
| Furniture & Fixtures | Steinhoff International | Stellenbosch | #440 | 13.3 | 1.4 | 25.1 | 22.8 |
| Healthcare Services | Express Scripts | St. Louis | #145 | 101.8 | 2.5 | 54.0 | 46.5 |
| Heavy Equipment | Caterpillar | Peoria | #155 | 47.0 | 2.1 | 78.5 | 45.6 |
| Home Improvement Retail | Home Depot | Atlanta | #112 | 88.5 | 7.0 | 42.5 | 169.8 |
| Hotels/Motels | Carnival | Miami | #311 | 15.8 | 1.9 | 38.4 | 37.8 |
| Household Appliances | Midea Group | Foshan | #402 | 22.0 | 2.0 | 19.8 | 20.2 |
| Household/Personal Care | Procter & Gamble | Cincinnati | #39 | 69.4 | 8.4 | 129.1 | 218.9 |
| Insurance Brokers | Aon | London | #420 | 11.7 | 1.4 | 27.2 | 27.9 |
| Internet & Catalog Retail | Amazon | Seattle | #237 | 107.0 | 0.6 | 67.7 | 292.6 |
| Investment Services | Berkshire Hathaway | Omaha | #4 | 210.8 | 24.1 | 561.1 | 360.1 |
| Iron & Steel | Citic Pacific | Hong Kong | #61 | 53.8 | 5.4 | 877.8 | 45.4 |
| Life & Health Insurance | Japan Post Holdings | Tokyo | #29 | 129.8 | 4.4 | 2,450.7 | 62.6 |
| Major Banks | Industrial and Commercial Bank of China | Beijing | #1 | 171.1 | 44.2 | 3,420.3 | 198.0 |
| Managed Health Care | UnitedHealth Group | Minnetonka | #41 | 165.9 | 6.0 | 117.9 | 127.5 |
| Medical Equipment & Supplies | Johnson & Johnson | New Brunswick | #32 | 70.2 | 15.4 | 133.4 | 312.6 |
| Natural Gas Utilities | Gas Natural Fenosa | Barcelona | #287 | 28.8 | 1.7 | 52.3 | 20.6 |
| Oil & Gas Operations | ExxonMobil | Irving | #9 | 236.8 | 16.2 | 336.8 | 363.3 |
| Oil Services & Equipment | Schlumberger | Houston | #176 | 31.7 | 1.6 | 69.1 | 111.1 |
| Other Industrial Equipment | Eaton | Dublin | #315 | 20.9 | 2.0 | 31.0 | 28.9 |
| Other Transportation | Møller-Maersk | Copenhagen | #306 | 40.3 | 0.7 | 64.1 | 30.7 |
| Paper & Paper Products | International Paper | Memphis | #426 | 22.4 | 0.9 | 30.6 | 17.8 |
| Pharmaceuticals | Pfizer | New York City | #46 | 48.9 | 7.7 | 167.5 | 205.7 |
| Precision Healthcare Equipment | Thermo Fisher Scientific | Waltham | #267 | 17.0 | 2.0 | 40.9 | 57.8 |
| Printing & Publishing | Thomson Reuters | New York City | #405 | 12.2 | 1.3 | 29.1 | 30.9 |
| Property & Casualty Insurance | Travelers | New York City | #165 | 26.9 | 3.4 | 102.0 | 32.4 |
| Railroads | Union Pacific | Omaha | #172 | 21.0 | 4.6 | 55.8 | 75.4 |
| Real Estate | Vanke | Shenzhen | #185 | 31.1 | 2.9 | 94.1 | 27.7 |
| Recreational Products | Activision Blizzard | Santa Monica | #842 | 4.6 | 0.9 | 15.3 | 25.5 |
| Regional Banks | China Construction Bank | Beijing | #2 | 146.8 | 36.4 | 2,826.0 | 162.8 |
| Rental & Leasing | Mitsubishi UFJ Lease | Tokyo | #1075 | 6.7 | 0.5 | 42.3 | 4.2 |
| Restaurants | McDonald's | Oak Brook | #189 | 25.4 | 4.8 | 37.9 | 110.1 |
| Security Systems | Secom | Tokyo | #854 | 7.1 | 0.6 | 13.2 | 18.1 |
| Semiconductors | Samsung Electronics | Seoul | #18 | 177.3 | 16.5 | 206.5 | 161.6 |
| Software & Programming | Microsoft | Redmond | #23 | 86.6 | 10.2 | 181.9 | 407.0 |
| Specialized Chemicals | Air Liquide | Paris | #313 | 18.2 | 1.9 | 31.4 | 40.5 |
| Specialty Stores | Richemont | Bellevue | #416 | 12.4 | 1.7 | 21.2 | 37.6 |
| Telecommunications services | AT&T | Dallas | #12 | 146.8 | 13.2 | 402.7 | 234.2 |
| Thrifts & Mortgage Financing | Aareal Bank | Wiesbaden | #1381 | 1.4 | 0.4 | 57.2 | 2.1 |
| Tobacco | British American Tobacco | London | #177 | 20.0 | 6.6 | 46.5 | 111.0 |
| Trading Companies | Mitsubishi Corp | Tokyo | #136 | 59.8 | 2.7 | 135.7 | 27.7 |
| Trucking | Yamato Holdings | Tokyo | #1306 | 11.7 | 0.3 | 9.3 | 8.6 |
In 2017, the ten largest companies as calculated by this method were: [12]
| Rank | Company | Headquarters | Industry | Sales (billion $) | Profits (billion $) | Assets (billion $) | Market value (billion $) |
|---|---|---|---|---|---|---|---|
| 1 | Industrial and Commercial Bank of China | Beijing | Banking, financial services | 151.4 | 42.0 | 3473.2 | 229.8 |
| 2 | China Construction Bank | Beijing | Banking, financial services | 134.2 | 35.0 | 3016.6 | 200.5 |
| 3 | Berkshire Hathaway | Omaha | Conglomerate | 222.9 | 24.1 | 620.9 | 409.9 |
| 4 | JPMorgan Chase | New York City | Banking, financial services | 102.5 | 24.2 | 2513.0 | 306.6 |
| 5 | Wells Fargo | San Francisco | Banking, financial services | 97.6 | 21.9 | 1943.4 | 274.4 |
| 6 | Citigroup | New York City | Banking, financial services | 115.7 | 27.8 | 2816.0 | 149.2 |
| 7 | Bank of America | Charlotte | Banking, financial services | 92.2 | 16.6 | 2196.8 | 231.9 |
| 8 | Bank of China | Beijing | Banking, financial services | 113.1 | 24.9 | 2611.5 | 141.3 |
| 9 | Apple Inc. | Cupertino | Computing | 217.5 | 45.2 | 331.1 | 752.0 |
| 10 | Toyota Motor | Toyota | Automotive | 249.9 | 17.1 | 412.5 | 171.9 |
In 2016, the ten largest companies as calculated by this method were: [13]
| Rank | Company | Headquarters | Industry | Sales (billion $) | Profits (billion $) | Assets (billion $) | Market value (billion $) |
|---|---|---|---|---|---|---|---|
| 1 | Industrial and Commercial Bank of China | Beijing | Banking, financial services | 171.1 | 44.2 | 3,420.2 | 198 |
| 2 | China Construction Bank | Beijing | Banking, financial services | 146.8 | 36.4 | 2,826 | 162.8 |
| 3 | Citigroup | New York City | Banking, financial services | 131.9 | 28.8 | 2,739.8 | 152.7 |
| 4 | Berkshire Hathaway | Omaha | Conglomerate | 210.8 | 24.1 | 561.1 | 360.1 |
| 5 | JPMorgan Chase | New York City | Banking, financial services | 99.9 | 23.5 | 2,423.8 | 234.2 |
| 6 | Bank of China | Beijing | Banking, financial services | 122 | 27.2 | 2,589.6 | 143 |
| 7 | Wells Fargo | San Francisco | Banking, financial services | 91.4 | 22.7 | 1,849.2 | 256 |
| 8 | Apple Inc. | Cupertino | Computing | 233.3 | 53.7 | 293.3 | 586 |
| 9 | ExxonMobil | Irving | Oil and gas | 236.8 | 16.2 | 336.8 | 363.3 |
| 10 | Toyota Motor | Toyota | Automotive | 235.8 | 19.3 | 406.7 | 177 |
JPMorgan Chase & Co. is an American multinational financial institution headquartered in New York City and incorporated in Delaware. It is the largest bank in the United States and the world's largest bank by market capitalization as of 2023. As the largest of Big Four banks, the firm is considered systemically important by the Financial Stability Board. Its size and scale have often led to enhanced regulatory oversight as well as the maintenance of an internal "Fortress Balance Sheet" of capital reserves. The firm is headquartered at 383 Madison Avenue in Midtown Manhattan and is set to move into the under-construction JPMorgan Chase Building at 270 Park Avenue in 2025.
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