List of public corporations by market capitalization
From Wikipedia the free encyclopedia
The following is a list of publicly traded companies having the greatest market capitalization. In the global business media, they are described as being the world's most valuable companies as a reference to their market value.[1]
Market capitalization is calculated from the share price (as recorded on selected day) multiplied by the number of outstanding shares. Figures are converted into USD millions (using rate from selected day) to allow for comparison.[2]
Trillion-dollar companies[edit]
The table below lists all companies which have, at any point, had a market capitalization in excess of $1 trillion, the date on which their market cap first exceeded $1 trillion and their record market cap.[3] [4].:
Company | Country | When first passed | Record value date | Record value (in billions USD) | Notes | |||
---|---|---|---|---|---|---|---|---|
$1 trillion | $2 trillion | $3 trillion | Nominal | Inflation- adjusted[5] | ||||
Nvidia | ![]() | 30 May 2023 | 23 February 2024 | 5 June 2024 | 20 June 2024 | 3,450 | 3,450 | [6][7][8][9] |
Microsoft | ![]() | 25 April 2019 | 22 June 2021 | 24 January 2024 | 17 June 2024 | 3,332 | 3,332 | [10][11][12][13] |
Apple | ![]() | 2 August 2018 | 19 August 2020 | 3 January 2022 | 12 June 2024 | 3,331 | 3,331 | [14][15][16][17] |
Saudi Aramco | ![]() | 11 December 2019 | 12 December 2019 | — | 10 May 2022 | 2,463 | 2,564 | [18][19][20] |
Alphabet | ![]() | 16 January 2020 | 8 November 2021 | — | 26 April 2024 | 2,150 | 2,150 | [21][22][23] |
Amazon | ![]() | 4 September 2018 | 26 June 2024 | — | 11 April 2024 | 1,970 | 1,970 | [24][25][26] |
Meta | ![]() | 28 June 2021 | — | — | 2 February 2024 | 1,220 | 1,220 | [note 1][27][28] |
Tesla | ![]() | 25 October 2021 | — | — | 1 November 2021 | 1,210 | 1,361 | [29][30] |
Publicly traded companies[edit]
All market capitalization figures are in USD millions. Only companies with free float of at least 15% are included; the value of unlisted stock classes is excluded. Investment companies are not included in the list.[2]
2024[edit]
This list is up to date as of 31 March 2024[update]. Indicated changes in market value are relative to the previous quarter.
Rank | First quarter | Second quarter | Third quarter | Fourth quarter | ||||
---|---|---|---|---|---|---|---|---|
1 | ![]() | Microsoft![]() | ||||||
2 | ![]() | Apple![]() | ||||||
3 | ![]() | Nvidia![]() | ||||||
4 | ![]() | Alphabet![]() | ||||||
5 | ![]() | Amazon![]() | ||||||
6 | ![]() | Meta![]() | ||||||
7 | ![]() | Berkshire Hathaway![]() | ||||||
8 | ![]() | Eli Lilly![]() | ||||||
9 | ![]() | TSMC![]() | ||||||
10 | ![]() | Broadcom ![]() |
2023[edit]
This list is up to date as of 31 December 2023. Indicated changes in market value are relative to the previous quarter.
Rank | First quarter | Second quarter | Third quarter | Fourth quarter | ||||
---|---|---|---|---|---|---|---|---|
1 | ![]() | Apple![]() | ![]() | Apple![]() | ![]() | Apple![]() | ![]() | Apple![]() |
2 | ![]() | Microsoft![]() | ![]() | Microsoft![]() | ![]() | Microsoft![]() | ![]() | Microsoft![]() |
3 | ![]() | Alphabet![]() | ![]() | Alphabet![]() | ![]() | Alphabet![]() | ![]() | Alphabet![]() |
4 | ![]() | Amazon![]() | ![]() | Amazon![]() | ![]() | Amazon![]() | ![]() | Amazon![]() |
5 | ![]() | Nvidia![]() | ![]() | Nvidia![]() | ![]() | Nvidia![]() | ![]() | Nvidia![]() |
6 | ![]() | Berkshire Hathaway![]() | ![]() | Tesla![]() | ![]() | Tesla![]() | ![]() | Meta![]() |
7 | ![]() | Tesla![]() | ![]() | Berkshire Hathaway![]() | ![]() | Meta![]() | ![]() | Tesla![]() |
8 | ![]() | Meta![]() | ![]() | Meta![]() | ![]() | Berkshire Hathaway![]() | ![]() | Berkshire Hathaway![]() |
9 | ![]() | TSMC![]() | ![]() | TSMC![]() | ![]() | Eli Lilly![]() | ![]() | Eli Lilly![]() |
10 | ![]() | Visa ![]() | ![]() | Visa ![]() | ![]() | Visa ![]() | ![]() | TSMC ![]() |
2022[edit]
This list is as of 31 December 2022. Indicated changes in market value are relative to the previous quarter.
Rank | First quarter | Second quarter | Third quarter | Fourth quarter | ||||
---|---|---|---|---|---|---|---|---|
1 | ![]() | Apple![]() | ![]() | Apple![]() | ![]() | Apple![]() | ![]() | Apple
|
2 | ![]() | Microsoft![]() | ![]() | Microsoft![]() | ![]() | Microsoft![]() | ![]() | Microsoft
|
3 | ![]() | Alphabet![]() | ![]() | Alphabet![]() | ![]() | Alphabet![]() | ![]() | Alphabet
|
4 | ![]() | Amazon![]() | ![]() | Amazon![]() | ![]() | Amazon![]() | ![]() | Amazon
|
5 | ![]() | Tesla![]() | ![]() | Tesla![]() | ![]() | Tesla![]() | ![]() | Berkshire Hathaway
|
6 | ![]() | Berkshire Hathaway![]() | ![]() | Berkshire Hathaway![]() | ![]() | Berkshire Hathaway![]() | ![]() | UnitedHealth
|
7 | ![]() | Nvidia![]() | ![]() | UnitedHealth![]() | ![]() | UnitedHealth![]() | ![]() | Johnson & Johnson
|
8 | ![]() | Meta![]() | ![]() | Johnson & Johnson![]() | ![]() | Johnson & Johnson![]() | ![]() | ExxonMobil
|
9 | ![]() | TSMC![]() | ![]() | Tencent![]() | ![]() | Visa ![]() | ![]() | Visa
|
10 | ![]() | UnitedHealth![]() | ![]() | Meta![]() | ![]() | Meta![]() | ![]() | Tencent
|
2021[edit]
This list is up to date as of December 31, 2021[update]. Indicated changes in market value are relative to the previous quarter.
Rank | First quarter | Second quarter | Third quarter | Fourth quarter | ||||
---|---|---|---|---|---|---|---|---|
1 | ![]() | Apple ![]() | ![]() | Apple![]() | ![]() | Apple![]() | ![]() | Apple![]() |
2 | ![]() | Microsoft ![]() | ![]() | Microsoft![]() | ![]() | Microsoft![]() | ![]() | Microsoft![]() |
3 | ![]() | Amazon ![]() | ![]() | Amazon![]() | ![]() | Alphabet![]() | ![]() | Alphabet![]() |
4 | ![]() | Alphabet ![]() | ![]() | Alphabet![]() | ![]() | Amazon![]() | ![]() | Amazon![]() |
5 | ![]() | Meta ![]() | ![]() | Meta![]() | ![]() | Meta![]() | ![]() | Tesla![]() |
6 | ![]() | Tencent ![]() | ![]() | Tencent![]() | ![]() | Tesla![]() | ![]() | Meta![]() |
7 | ![]() | Tesla ![]() | ![]() | Tesla![]() | ![]() | Berkshire Hathaway![]() | ![]() | Nvidia ![]() |
8 | ![]() | Alibaba Group ![]() | ![]() | Berkshire Hathaway![]() | ![]() | TSMC![]() | ![]() | Berkshire Hathaway![]() |
9 | ![]() | TSMC ![]() | ![]() | TSMC![]() | ![]() | Tencent![]() | ![]() | TSMC![]() |
10 | ![]() | Berkshire Hathaway ![]() | ![]() | Alibaba Group![]() | ![]() | Nvidia ![]() | ![]() | Tencent![]() |
2020[edit]
This Financial Times–based list is up to data as of December 31, 2020[update]. Indicated changes in market value are relative to the previous quarter.
Rank | First quarter | Second quarter | Third quarter | Fourth quarter | ||||
---|---|---|---|---|---|---|---|---|
1 | ![]() | Microsoft ![]() | ![]() | Apple ![]() | ![]() | Apple ![]() | ![]() | Apple ![]() |
2 | ![]() | Apple ![]() | ![]() | Microsoft ![]() | ![]() | Microsoft ![]() | ![]() | Microsoft ![]() |
3 | ![]() | Amazon ![]() | ![]() | Amazon ![]() | ![]() | Amazon ![]() | ![]() | Amazon ![]() |
4 | ![]() | Alphabet ![]() | ![]() | Alphabet ![]() | ![]() | Alphabet ![]() | ![]() | Alphabet ![]() |
5 | ![]() | Alibaba Group ![]() | ![]() | Facebook ![]() | ![]() | Alibaba Group ![]() | ![]() | Facebook ![]() |
6 | ![]() | Facebook ![]() | ![]() | Tencent ![]() | ![]() | Facebook ![]() | ![]() | Tencent ![]() |
7 | ![]() | Tencent ![]() | ![]() | Alibaba Group ![]() | ![]() | Tencent ![]() | ![]() | Tesla ![]() |
8 | ![]() | Berkshire Hathaway ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Alibaba Group ![]() |
9 | ![]() | Visa ![]() | ![]() | Visa ![]() | ![]() | Visa ![]() | ![]() | TSMC ![]() |
10 | ![]() | Johnson & Johnson ![]() | ![]() | Johnson & Johnson ![]() | ![]() | TSMC ![]() | ![]() | Berkshire Hathaway ![]() |
2019[edit]
This Financial Times–based list is up to date as of December 31, 2019[update]. Indicated changes in market value are relative to the previous quarter.
Rank | First quarter | Second quarter | Third quarter | Fourth quarter | ||||
---|---|---|---|---|---|---|---|---|
1 | ![]() | Microsoft ![]() | ![]() | Microsoft ![]() | ![]() | Microsoft ![]() | ![]() | Apple ![]() |
2 | ![]() | Apple ![]() | ![]() | Amazon ![]() | ![]() | Apple ![]() | ![]() | Microsoft ![]() |
3 | ![]() | Amazon ![]() | ![]() | Apple ![]() | ![]() | Amazon ![]() | ![]() | Alphabet ![]() |
4 | ![]() | Alphabet ![]() | ![]() | Alphabet ![]() | ![]() | Alphabet ![]() | ![]() | Amazon ![]() |
5 | ![]() | Berkshire Hathaway ![]() | ![]() | Facebook ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Facebook ![]() |
6 | ![]() | Facebook ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Facebook ![]() | ![]() | Alibaba Group ![]() |
7 | ![]() | Alibaba Group ![]() | ![]() | Alibaba Group ![]() | ![]() | Alibaba Group ![]() | ![]() | Berkshire Hathaway ![]() |
8 | ![]() | Tencent ![]() | ![]() | Tencent ![]() | ![]() | Tencent ![]() | ![]() | Tencent ![]() |
9 | ![]() | Johnson & Johnson ![]() | ![]() | Visa ![]() | ![]() | Visa ![]() | ![]() | JPMorgan Chase ![]() |
10 | ![]() | Visa ![]() | ![]() | Johnson & Johnson ![]() | ![]() | JPMorgan Chase ![]() | ![]() | Visa ![]() |
2018[edit]
This Financial Times–based list is up to date as of December 31, 2018[update]. Indicated changes in market value are relative to the previous quarter.
Rank | First quarter | Second quarter | Third quarter | Fourth quarter | ||||
---|---|---|---|---|---|---|---|---|
1 | ![]() | Apple ![]() | ![]() | Apple ![]() | ![]() | Apple ![]() | ![]() | Microsoft ![]() |
2 | ![]() | Alphabet ![]() | ![]() | Amazon ![]() | ![]() | Amazon ![]() | ![]() | Apple ![]() |
3 | ![]() | Microsoft ![]() | ![]() | Alphabet ![]() | ![]() | Microsoft ![]() | ![]() | Amazon ![]() |
4 | ![]() | Amazon ![]() | ![]() | Microsoft ![]() | ![]() | Alphabet ![]() | ![]() | Alphabet ![]() |
5 | ![]() | Tencent ![]() | ![]() | Facebook ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Berkshire Hathaway ![]() |
6 | ![]() | Berkshire Hathaway ![]() | ![]() | Tencent ![]() | ![]() | Facebook ![]() | ![]() | Facebook ![]() |
7 | ![]() | Alibaba Group ![]() | ![]() | Alibaba Group ![]() | ![]() | Alibaba Group ![]() | ![]() | Tencent ![]() |
8 | ![]() | Facebook ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Tencent ![]() | ![]() | Alibaba Group ![]() |
9 | ![]() | JPMorgan Chase ![]() | ![]() | JPMorgan Chase ![]() | ![]() | JPMorgan Chase ![]() | ![]() | Johnson & Johnson ![]() |
10 | ![]() | Johnson & Johnson ![]() | ![]() | ExxonMobil![]() | ![]() | Johnson & Johnson ![]() | ![]() | JPMorgan Chase ![]() |
2017[edit]
This Financial Times–based list is up to date as of December 31, 2017[update]. Indicated changes in market value are relative to the previous quarter.
Rank | First quarter[54][note 2] | Second quarter[55][note 2] | Third quarter[56][note 2] | Fourth quarter | ||||
---|---|---|---|---|---|---|---|---|
1 | ![]() | Apple ![]() | ![]() | Apple ![]() | ![]() | Apple ![]() | ![]() | Apple ![]() |
2 | ![]() | Alphabet ![]() | ![]() | Alphabet ![]() | ![]() | Alphabet ![]() | ![]() | Alphabet ![]() |
3 | ![]() | Microsoft ![]() | ![]() | Microsoft ![]() | ![]() | Microsoft ![]() | ![]() | Microsoft ![]() |
4 | ![]() | Amazon ![]() | ![]() | Amazon ![]() | ![]() | Amazon ![]() | ![]() | Amazon ![]() |
5 | ![]() | Berkshire Hathaway ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Facebook ![]() |
6 | ![]() | ExxonMobil![]() | ![]() | Johnson & Johnson ![]() | ![]() | Alibaba Group ![]() | ![]() | Tencent ![]() |
7 | ![]() | Johnson & Johnson ![]() | ![]() | Facebook ![]() | ![]() | Tencent ![]() | ![]() | Berkshire Hathaway ![]() |
8 | ![]() | Facebook ![]() | ![]() | Alibaba Group ![]() | ![]() | Facebook ![]() | ![]() | Alibaba Group ![]() |
9 | ![]() | JPMorgan Chase ![]() | ![]() | Tencent ![]() | ![]() | ExxonMobil![]() | ![]() | Johnson & Johnson ![]() |
10 | ![]() | Wells Fargo![]() | ![]() | ExxonMobil![]() | ![]() | Johnson & Johnson ![]() | ![]() | JPMorgan Chase ![]() |
2016[edit]
This Financial Times–based list is up to date as of December 31, 2016[update]. Indicated changes in market value are relative to the previous quarter.
Rank | First quarter[58][note 2] | Second quarter[59][note 2] | Third quarter[60][note 2] | Fourth quarter[61][note 2] | ||||
---|---|---|---|---|---|---|---|---|
1 | ![]() | Apple ![]() | ![]() | Apple ![]() | ![]() | Apple ![]() | ![]() | Apple ![]() |
2 | ![]() | Alphabet ![]() | ![]() | Alphabet![]() | ![]() | Alphabet![]() | ![]() | Alphabet![]() |
3 | ![]() | Microsoft ![]() | ![]() | Microsoft ![]() | ![]() | Microsoft ![]() | ![]() | Microsoft ![]() |
4 | ![]() | ExxonMobil![]() | ![]() | ExxonMobil![]() | ![]() | Amazon ![]() | ![]() | Berkshire Hathaway ![]() |
5 | ![]() | Berkshire Hathaway ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | ExxonMobil![]() | ![]() | ExxonMobil ![]() |
6 | ![]() | Johnson & Johnson ![]() | ![]() | Amazon ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Amazon ![]() |
7 | ![]() | General Electric![]() | ![]() | Johnson & Johnson ![]() | ![]() | Johnson & Johnson ![]() | ![]() | Johnson & Johnson ![]() |
8 | ![]() | Amazon ![]() | ![]() | General Electric![]() | ![]() | Facebook ![]() | ![]() | JPMorgan Chase ![]() |
9 | ![]() | Facebook ![]() | ![]() | Facebook![]() | ![]() | Tencent![]() | ![]() | General Electric ![]() |
10 | ![]() | Wells Fargo![]() | ![]() | AT&T![]() | ![]() | General Electric![]() | ![]() | Wells Fargo ![]() |
2015[edit]
This Financial Times–based list is up to date as of December 31, 2015[update]. Indicated changes in market value are relative to the previous quarter.
Rank | First quarter[62] | Second quarter[63] | Third quarter[64][note 2] | Fourth quarter[65][note 2] | ||||
---|---|---|---|---|---|---|---|---|
1 | ![]() | Apple ![]() | ![]() | Apple ![]() | ![]() | Apple ![]() | ![]() | Apple ![]() |
2 | ![]() | ExxonMobil ![]() | ![]() | Microsoft![]() | ![]() | Google![]() | ![]() | Alphabet ![]() |
3 | ![]() | Berkshire Hathaway ![]() | ![]() | ExxonMobil ![]() | ![]() | Microsoft![]() | ![]() | Microsoft![]() |
4 | ![]() | Google ![]() | ![]() | Google![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Berkshire Hathaway ![]() |
5 | ![]() | Microsoft![]() | ![]() | Berkshire Hathaway ![]() | ![]() | ExxonMobil ![]() | ![]() | ExxonMobil ![]() |
6 | ![]() | Petro China ![]() | ![]() | Petro China ![]() | ![]() | Johnson & Johnson ![]() | ![]() | Amazon![]() |
7 | ![]() | Wells Fargo ![]() | ![]() | ICBC ![]() | ![]() | General Electric![]() | ![]() | General Electric![]() |
8 | ![]() | Johnson & Johnson ![]() | ![]() | Wells Fargo ![]() | ![]() | China Mobile ![]() | ![]() | Johnson & Johnson ![]() |
9 | ![]() | ICBC ![]() | ![]() | Johnson & Johnson ![]() | ![]() | Novartis ![]() | ![]() | Wells Fargo ![]() |
10 | ![]() | Novartis ![]() | ![]() | General Electric ![]() | ![]() | Nestlé ![]() | ![]() | JPMorgan Chase ![]() |
2014[edit]
This Financial Times–based list is up to date as of December 31, 2014[update]. Indicated changes in market value are relative to the previous quarter.
Rank | First quarter[67] | Second quarter[68] | Third quarter[69] | Fourth quarter[70] | ||||
---|---|---|---|---|---|---|---|---|
1 | ![]() | Apple ![]() | ![]() | Apple ![]() | ![]() | Apple ![]() | ![]() | Apple ![]() |
2 | ![]() | ExxonMobil ![]() | ![]() | ExxonMobil ![]() | ![]() | ExxonMobil ![]() | ![]() | ExxonMobil ![]() |
3 | ![]() | Microsoft![]() | ![]() | Google ![]() | ![]() | Microsoft![]() | ![]() | Microsoft![]() |
4 | ![]() | Google ![]() | ![]() | Microsoft![]() | ![]() | Google ![]() | ![]() | Berkshire Hathaway ![]() |
5 | ![]() | Berkshire Hathaway ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Google ![]() |
6 | ![]() | Johnson & Johnson ![]() | ![]() | Johnson & Johnson ![]() | ![]() | Johnson & Johnson ![]() | ![]() | PetroChina ![]() |
7 | ![]() | Wells Fargo ![]() | ![]() | Wells Fargo ![]() | ![]() | Wells Fargo ![]() | ![]() | Johnson & Johnson ![]() |
8 | ![]() | General Electric ![]() | ![]() ![]() | Royal Dutch Shell![]() | ![]() | General Electric ![]() | ![]() | Wells Fargo ![]() |
9 | ![]() | Hoffmann-La Roche ![]() | ![]() | General Electric ![]() | ![]() | Novartis ![]() | ![]() | Walmart ![]() |
10 | ![]() | Walmart ![]() | ![]() | Hoffmann-La Roche ![]() | ![]() | Hoffmann-La Roche ![]() |
|