List of public corporations by market capitalization
From Wikipedia, the free encyclopedia
The following is a list of publicly traded companies, that have the largest market capitalization or sometimes described as their "market value".[1]
Market capitalization is calculated by multiplying the share price on a selected day and the number of outstanding shares on that day. The list is expressed in USD millions, using exchange rates from the selected day to convert other currencies.[2]
Trillion-dollar companies
The table below lists all companies that have ever had a market capitalization of $1 trillion or more, the date on which their market cap first exceeded each milestone, and their record value.[3][4]
| Company | Country | When first passed | Record value date | Record value (in billions USD) | Ref. | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| $1 trillion | $2 trillion | $3 trillion | $4 trillion | $5 trillion | Nominal | Inflation- adjusted[5] | ||||
| Nvidia |  |
30 May 2023 | 23 Feb 2024 | 5 Jun 2024 | 9 Jul 2025 | 29 Oct 2025 | 29 Oct 2025 | 5,370 | 5,370 | [6][7][8][9][10][11] |
| Apple | |
2 Aug 2018 | 19 Aug 2020 | 3 Jan 2022 | 28 Oct 2025 | — | 2 Dec 2025 | 4,290 | 4,290 | [12][13][14][15] |
| Alphabet | |
16 Jan 2020 | 8 Nov 2021 | 15 Sep 2025 | 12 Jan 2026 | — | 2 Feb 2026 | 4,230 | 4,230 | [16][17][18][19] |
| Microsoft | |
25 Apr 2019 | 22 Jun 2021 | 24 Jan 2024 | 31 Jul 2025 | — | 31 Jul 2025 | 4,190 | 4,190 | [20][21][22][23] |
| Amazon | |
4 Sep 2018 | 26 Jun 2024 | — | — | — | 3 Nov 2025 | 2,910 | 2,910 | [24][25][26] |
| TSMC |  |
17 Oct 2024 | 24 Feb 2026 | — | — | — | 15 Jan 2026 | 1,821 | 1,821 | [note 1][28][29][30] |
| Meta | |
28 Jun 2021 | 15 Aug 2025 | — | — | — | 15 Aug 2025 | 2,180 | 2,180 | [note 2][31][32] |
| Saudi Aramco |  |
12 Dec 2018 | 11 Dec 2019 | — | — | — | 10 May 2022 | 2,520 | 2,772 | [33][34][35] |
| Tesla | |
25 Oct 2021 | — | — | — | — | 30 Jan 2026 | 1,707 | 1,707 | [36][37] |
| Broadcom | |
13 Dec 2024 | 25 Nov 2025 | — | — | — | 11 Dec 2025 | 1,997 | 1,997 | [38][39] |
| Berkshire Hathaway | |
28 Aug 2024 | — | — | — | — | 3 May 2025 | 1,192 | 1,192 | [40][41] |
| Walmart | |
3 Feb 2026 | — | — | — | — | 5 Feb 2026 | 1,075 | 1,054 | [42] |
| Eli Lilly | |
21 Nov 2025 | — | — | — | — | 5 Feb 2026 | 1,167 | 1,167 | |
| Samsung |  |
26 Feb 2026 | — | — | — | — | 26 Feb 2026 | 1,020 | 1,020 | |
| PetroChina |  |
5 Nov 2007 | — | — | — | — | 5 Nov 2007 | 1,200 | 1,744 | [note 3] |
Publicly traded companies
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]
Note: All market capitalization figures are in USD millions.
2025
This list is up to date as of 31 December 2025[update]. Indicated changes in market value are relative to the previous quarter.
| Rank | First quarter | Second quarter | Third quarter | Fourth quarter | ||||
|---|---|---|---|---|---|---|---|---|
| 1 | |
Apple 3,337,000[46] |
|
Nvidia 3,850,000[47] |
|
Nvidia4,542,000[47] |
|
Nvidia4,638,000[47] |
| 2 | |
Microsoft2,791,000[48] |
|
Microsoft3,700,000[48] |
|
Microsoft3,850,000[48] |
|
Apple4,057,000[46] |
| 3 | |
Nvidia2,644,000[47] |
|
Apple3,060,000[46] |
|
Apple3,794,000[46] |
|
Alphabet3,802,000[49] |
| 4 | |
Amazon2,016,000[50] |
|
Amazon2,330,000[50] |
|
Alphabet2,975,000[49] |
|
Microsoft3,625,000[48] |
| 5 | |
Alphabet1,895,000[49] |
|
Alphabet2,150,000[49] |
|
Amazon2,341,000[50] |
|
Amazon2,485,000[50] |
| 6 | |
Meta1,460,000[51] |
|
Meta1,860,000[51] |
|
Meta1,845,000[51] |
|
Meta1,671,000[51] |
| 7 | |
Berkshire Hathaway1,140,000[52] |
|
Broadcom1,300,000[53] |
|
Broadcom1,589,000[53] |
|
Broadcom1,669,000[53] |
| 8 | |
Tesla833,529[54] |
|
TSMC1,170,000[55] |
|
Tesla1,478,000[54] |
|
Tesla1,580,000[54] |
| 9 | |
Broadcom787,247[53] |
|
Berkshire Hathaway1,050,000[52] |
|
TSMC1,448,000[55] |
|
TSMC1,570,000[55] |
| 10 | |
Eli Lilly782,950[56] |
|
Tesla1,020,000[54] |
|
Berkshire Hathaway1,086,000[52] |
|
Berkshire Hathaway1,074,000[52] |
2024
Source:[3]
This list is up to date as of 31 December 2024[update]. Indicated changes in market value are relative to the previous quarter.
| Rank | First quarter | Second quarter | Third quarter | Fourth quarter | ||||
|---|---|---|---|---|---|---|---|---|
| 1 | |
Microsoft3,126,000[48] |
|
Apple3,322,000[48] |
|
Microsoft3,543,000[46] |
|
Apple3,785,000[46] |
| 2 | |
Apple2,648,000[46] |
|
Microsoft3,230,000[46] |
|
Apple3,198,000[48] |
|
Nvidia3,289,000[47] |
| 3 | |
Nvidia2,259,000[47] |
|
Nvidia3,182,000[47] |
|
Nvidia2,979,000[47] |
|
Microsoft3,134,000[48] |
| 4 | |
Alphabet1,893,000[49] |
|
Alphabet2,267,000[49] |
|
Alphabet2,058,000[49] |
|
Alphabet2,331,000[49] |
| 5 | |
Amazon1,874,000[50] |
|
Amazon2,011,000[50] |
|
Amazon1,956,000[50] |
|
Amazon2,307,000[50] |
| 6 | |
Meta1,238,000[51] |
|
Meta1,279,000[51] |
|
Meta1,448,000[51] |
|
Meta1,478,000[51] |
| 7 | |
Berkshire Hathaway912,130[52] |
|
TSMC901,390[55] |
|
Berkshire Hathaway993,020[52] |
|
Tesla1,296,000[54] |
| 8 | |
Eli Lilly739,660[56] |
|
Berkshire Hathaway879,670[52] |
|
TSMC900,670[55] |
|
Broadcom 1,087,000[53] |
| 9 | |
TSMC705,690[55] |
|
Eli Lilly815,210[56] |
|
Tesla835,810[54] |
|
TSMC1,024,000[55] |
| 10 | |
Broadcom 614,220[53] |
|
Broadcom 747,360[53] |
|
Broadcom 805,670[53] |
|
Berkshire Hathaway978,890[52] |
2023
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 | |
Apple2,609,000[46] |
|
Apple3,050,000[46] |
|
Apple2,677,000[46] |
|
Apple2,994,000[46] |
| 2 | |
Microsoft2,146,000[48] |
|
Microsoft2,532,000[48] |
|
Microsoft2,346,000[48] |
|
Microsoft2,795,000[48] |
| 3 | |
Alphabet1,332,000[49] |
|
Alphabet1,530,000[49] |
|
Alphabet1,662,000[49] |
|
Alphabet1,764,000[49] |
| 4 | |
Amazon1,058,000[50] |
|
Amazon1,337,000[50] |
|
Amazon1,312,000[50] |
|
Amazon1,570,000[50] |
| 5 | |
Nvidia686,090[47] |
|
Nvidia1,044,000[47] |
|
Nvidia1,074,000[47] |
|
Nvidia1,223,000[47] |
| 6 | |
Berkshire Hathaway677,770[52] |
|
Tesla829,670[54] |
|
Tesla794,200[54] |
|
Meta909,000[51] |
| 7 | |
Tesla656,420[54] |
|
Berkshire Hathaway745,010[52] |
|
Meta772,490[51] |
|
Tesla789,930[54] |
| 8 | |
Meta549,480[57] |
|
Meta735,450[57] |
|
Berkshire Hathaway769,260[52] |
|
Berkshire Hathaway783,550[52] |
| 9 | |
TSMC482,410[55] |
|
TSMC523,410[55] |
|
Eli Lilly509,890[56] |
|
Eli Lilly553,370[56] |
| 10 | |
Visa 473,870[58] |
|
Visa 497,370[58] |
|
Visa 480,990[58] |
|
TSMC 539,390[55] |
2022
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 | |
Apple2,850,000[46] |
|
Apple2,212,000[46] |
|
Apple2,221,000[46] |
|
Apple
|
| 2 | |
Microsoft2,311,000[48] |
|
Microsoft1,920,000[48] |
|
Microsoft1,737,000[48] |
|
Microsoft
|
| 3 | |
Alphabet1,846,000[49] |
|
Alphabet1,435,000[49] |
|
Alphabet1,254,000[49] |
|
Alphabet
|
| 4 | |
Amazon1,659,000[50] |
|
Amazon1,080,000[50] |
|
Amazon1,151,000[50] |
|
Amazon
|
| 5 | |
Tesla1,114,000[54] |
|
Tesla697,660[54] |
|
Tesla831,150[54] |
|
Berkshire Hathaway
|
| 6 | |
Berkshire Hathaway779,150[52] |
|
Berkshire Hathaway602,450[52] |
|
Berkshire Hathaway596,410[52] |
|
UnitedHealth
|
| 7 | |
Nvidia684,880[47] |
|
UnitedHealth481,870[59] |
|
UnitedHealth472,410[59] |
|
Johnson & Johnson
|
| 8 | |
Meta605,250[57] |
|
Johnson & Johnson467,090[60] |
|
Johnson & Johnson429,500[60] |
|
ExxonMobil
|
| 9 | |
TSMC540,670[55] |
|
Tencent445,990[62] |
|
Visa 374,380[58] |
|
Visa
|
| 10 | |
UnitedHealth479,830[59]
| |
Meta436,390[57] |
|
Meta364,650[63] |
|
Tencent
|
2021
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 2,050,000[46] |
| Apple2,286,000[46] |
| Apple2,339,000[46] |
| Apple2,913,000[46] |
| 2 | | Microsoft 1,778,000[48] |
| Microsoft2,040,000[48] |
| Microsoft2,119,000[48] |
| Microsoft2,525,000[48] |
| 3 | | Amazon 1,558,000[50] |
| Amazon1,735,000[50] |
| Alphabet1,777,000[49] |
| Alphabet1,922,000[49] |
| 4 | | Alphabet 1,395,000[49] |
| Alphabet1,680,000[49] |
| Amazon1,664,000[50] |
| Amazon1,691,000[50] |
| 5 | | Meta 838,720[57] |
| Meta985,920[57] |
| Meta956,890[57] |
| Tesla1,061,000[54] |
| 6 | | Tencent 766,970[62] |
| Tencent721,460[62] |
| Tesla776,850[54] |
| Meta935,640[57] |
| 7 | | Tesla 641,110[54] |
| Tesla654,780[54] |
| Berkshire Hathaway619,950[52] |
| Nvidia 732,920[47] |
| 8 | | Alibaba Group 615,010[64] |
| Berkshire Hathaway637,280[52] |
| TSMC579,030[55] |
| Berkshire Hathaway668,630[52] |
| 9 | | TSMC 613,410[55] |
| TSMC623,160[55] |
| Tencent574,460[62] |
| TSMC623,930[55] |
| 10 | | Berkshire Hathaway 590,050[52] |
| Alibaba Group615,140[64] |
| Nvidia 517,900[47] |
| Tencent559,900[62]
|
2020
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 1,200,000[48] |
|
Apple 1,576,000[46] |
| Apple 1,981,000[46] |
| Apple 2,254,000[46] |
| 2 | | Apple 1,113,000[46] |
|
Microsoft 1,551,000[48] |
| Microsoft 1,592,000[48] |
| Microsoft 1,682,000[48] |
| 3 | | Amazon 970,590[50] |
|
Amazon 1,432,590[50] |
| Amazon 1,577,000[50] |
| Amazon 1,634,000[50] |
| 4 | | Alphabet 799,180[49] |
|
Alphabet 979,700[49] |
| Alphabet 999,570[49] |
| Alphabet 1,185,000[49] |
| 5 | | Alibaba Group 521,740[64] |
|
Facebook 675,690[57] |
| Alibaba Group 795,400[64] |
| Facebook 776,590[57] |
| 6 | | Facebook 475,460[57] |
|
Tencent 620,920[62] |
| Facebook 746,100[57] |
| Tencent 683,470[62] |
| 7 | | Tencent 471,660[62] |
|
Alibaba Group 579,740[64] |
| Tencent 646,790[62] |
| Tesla 668,080[54] |
| 8 | | Berkshire Hathaway 440,830[52] |
|
Berkshire Hathaway 432,570[52] |
| Berkshire Hathaway 509,470[52] |
| Alibaba Group 628,650[64] |
| 9 | | Visa 357,020[65] |
|
Visa 412,710[65] |
| Visa 425,510[65] |
| TSMC 565,280[55] |
| 10 | | Johnson & Johnson 345,700[60] |
|
Johnson & Johnson 370,590[60] |
| TSMC 420,440[55] |
| Berkshire Hathaway 544,780[52] |
2019
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 904,860[48]
| | Microsoft 1,028,000[48]
| | Microsoft 1,062,000[48]
| | Apple 1,305,000[46] |
| 2 | | Apple 835,670[46]
| | Amazon 928,540[50]
| | Apple 1,012,000[46]
| | Microsoft 1,203,000[48] |
| 3 | | Amazon 874,710[50]
| | Apple 911,240[46]
| | Amazon 858,680[50]
| | Alphabet 922,130[49] |
| 4 | | Alphabet 818,160[49]
| | Alphabet 751,170[49]
| | Alphabet 838,020[49]
| | Amazon 916,150[50] |
| 5 | | Berkshire Hathaway 493,750[52]
| | Facebook 551,490[57]
| | Berkshire Hathaway 508,530[52]
| | Facebook 585,320[57] |
| 6 | | Facebook 475,730[57]
| | Berkshire Hathaway 521,100[52]
| | Facebook 508,050[57]
| | Alibaba Group 569,010[64] |
| 7 | | Alibaba Group 472,940[64]
| | Alibaba Group 439,150[64]
| | Alibaba Group 435,400[64]
| | Berkshire Hathaway 553,530[52] |
| 8 | | Tencent 440,980[62]
| | Tencent 432,080[62]
| | Tencent 398,840[62]
| | Tencent 461,370[62] |
| 9 | | Johnson & Johnson 372,230[60]
| | Visa 379,271[65]
| | Visa 385,370[65]
| | JPMorgan Chase 437,230[66] |
| 10 | | Visa 353,710[65]
| | Johnson & Johnson 370,300[60]
| | JPMorgan Chase 376,310[66]
| | Visa 416,790[65]
|
2018
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 851,317 | | Apple 909,840[46] | | Apple 1,091,000[46] | | Microsoft 780,520[48] |
| 2 | | Alphabet 715,404 | | Amazon 824,790[50] | | Amazon 976,650[50] | | Apple 748,680[46] |
| 3 | | Microsoft 702,760[48] | | Alphabet 774,840[49] | | Microsoft 877,400[48] | | Amazon 735,900[50] |
| 4 | | Amazon 700,672[50] | | Microsoft 757,640[48] | | Alphabet 839,740[67] | | Alphabet 728,360[67] |
| 5 | | Tencent 507,990[62] | | Facebook 562,480[57] | | Berkshire Hathaway 523,520[52] | | Berkshire Hathaway 499,590[52] |
| 6 | | Berkshire Hathaway 492,019[52] | | Tencent 478,580[62] | | Facebook 473,850[57] | | Facebook 375,890[57] |
| 7 | | Alibaba Group 470,930[64] | | Alibaba Group 476,040[64] | | Alibaba Group 423,600[64] | | Tencent 375,110[62] |
| 8 | | Facebook 464,189[57] | | Berkshire Hathaway 463,980[52] | | Tencent 388,080[62] | | Alibaba Group 355,130[64] |
| 9 | | JPMorgan Chase 377,410[66] | | JPMorgan Chase 354,780[66] | | JPMorgan Chase 379,440[66] | | Johnson & Johnson 346,110[60] |
| 10 | | Johnson & Johnson 343,780[60] | | ExxonMobil350,270[68] | | Johnson & Johnson 370,650[60] | | JPMorgan Chase 324,660[66] |
2017
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[69][note 4] | Second quarter[70][note 4] | Third quarter[71][note 4] | Fourth quarter | ||||
|---|---|---|---|---|---|---|---|---|
| 1 | | Apple 753,718 | | Apple 749,124 | | Apple 791,726 | | Apple 868,880[46] |
| 2 | | Alphabet 573,570[49] | | Alphabet 628,610[49] | | Alphabet 664,550[49] | | Alphabet 727,040[49] |
| 3 | | Microsoft 508,935 | | Microsoft 528,778 | | Microsoft 568,965 | | Microsoft 659,910[48] |
| 4 | | Amazon 423,031 | | Amazon 466,471 | | Amazon 459,435 | | Amazon 563,540[50] |
| 5 | | Berkshire Hathaway 410,880[52] | | Berkshire Hathaway 418,880[52] | | Berkshire Hathaway 451,840[52] | | Facebook 512,760[57] |
| 6 | | ExxonMobil339,897 | | Johnson & Johnson 357,310 | | Alibaba Group 436,850[64] | | Tencent 493,340[72] |
| 7 | | Johnson & Johnson 337,947 | | Facebook 357,176 | | Tencent 405,007 | | Berkshire Hathaway 489,490[52] |
| 8 | | Facebook 334,552 | | Alibaba Group 356,390[64] | | Facebook 399,946 | | Alibaba Group 440,712[72] |
| 9 | | JPMorgan Chase 313,761 | | Tencent 344,879 | | ExxonMobil348,248 | | Johnson & Johnson 375,360[60] |
| 10 | | Wells Fargo278,516 | | ExxonMobil341,947 | | Johnson & Johnson 347,497 |
| JPMorgan Chase 371,050[66]
|
2016
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[73][note 4] | Second quarter[74][note 4] | Third quarter[75][note 4] | Fourth quarter[76][note 4] | ||||
|---|---|---|---|---|---|---|---|---|
| 1 | | Apple 607,465 | | Apple 517,069 | |
Apple 604,475 | | Apple 617,588.49 |
| 2 | | Alphabet 535,660[49] | | Alphabet475,320[49] | | Alphabet535,660[49] | | Alphabet531,970[49] |
| 3 | | Microsoft 439,734 | | Microsoft 397,268 | | Microsoft 447,290 |
| Microsoft 483,160.28 |
| 4 | | ExxonMobil350,991 | | ExxonMobil383,396 | | Amazon 393,030 | | Berkshire Hathaway 404,390[52] |
| 5 | | Berkshire Hathaway 349,740[52] | | Berkshire Hathaway 345,860[52] | | ExxonMobil358,519 | | ExxonMobil 374,280 |
| 6 | | Johnson & Johnson 300,604 | | Amazon 337,641 | | Berkshire Hathaway 358,300[52] |
| Amazon 356,313.12 |
| 7 | | General Electric295,546 | | Johnson & Johnson 328,234 | |
Johnson & Johnson 320,836 | | Johnson & Johnson 313,432.46 |
| 8 | | Amazon 281,888 | | General Electric280,927 | |
Facebook 297,548 |
| JPMorgan Chase 308,768.42 |
| 9 | | Facebook 259,192 | | Facebook263,930 | | Tencent265,603 | | General Electric 279,545.92 |
| 10 | | Wells Fargo246,035 | | AT&T261,035 | |
General Electric261,876 | | Wells Fargo 276,779.12 |
2015
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[77] | Second quarter[78] | Third quarter[79][note 4] | Fourth quarter[80][note 4] | ||||
|---|---|---|---|---|---|---|---|---|
| 1 | | Apple 724,773.1 | | Apple 722,576.9 | | Apple 621,939 | | Apple 598,344 |
| 2 | | ExxonMobil 356,548.7 | | Microsoft357,154.4 | | Google407,870[49] | | Alphabet 534,090[49] |
| 3 | | Berkshire Hathaway 356,510.7 | | ExxonMobil 347,868.1 | | Microsoft347,432 | | Microsoft439,680[81] |
| 4 | | Google 345,849.2[82] | | Google336,014.5[49] | | Berkshire Hathaway 318,180[52] |
| Berkshire Hathaway 323,750[52] |
| 5 | | Microsoft333,524.8 | | Berkshire Hathaway 336,014.5 | | ExxonMobil 304,245 | | ExxonMobil 325,167 |
| 6 | | Petro China 329,715.1 | | Petro China 319,391.6 | | Johnson & Johnson 257,637 | | Amazon323,009 |
| 7 | | Wells Fargo 279,919.7 | | ICBC 298,531.5 | | General Electric248,069 | | General Electric313,892 |
| 8 | | Johnson & Johnson 279,723.9 | | Wells Fargo 289,591.3 | | China Mobile 243,186 | | Johnson & Johnson 287,153 |
| 9 | | ICBC 275,389.1 | | Johnson & Johnson 270,260.8 |  | Novartis 240,373 | | Wells Fargo 281,770 |
| 10 | | Novartis 267,897.0 | | General Electric 267,717.4 | |
Nestlé 233,361 | | JPMorgan Chase 245,126 |
2014
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[83] | Second quarter[84] | Third quarter[85] | Fourth quarter[86] | ||||
|---|---|---|---|---|---|---|---|---|
| 1 | | Apple 478,766.1 | | Apple 560,337.4 | | Apple 603,277.4 | | Apple 647,361.0 |
| 2 | | ExxonMobil 422,098.3 | | ExxonMobil 432,357.3 | | ExxonMobil 401,094.1 | | ExxonMobil 391,481.9 |
| 3 | | Microsoft340,216.8 | | Google 358,347.3 | | Microsoft381,959.7 | | Microsoft382,880.3 |
| 4 | | Google 313,003.9 | | Microsoft344,458.8 | | Google 361,998.4 | | Berkshire Hathaway 370,652.6 |
| 5 | | Berkshire Hathaway 308,090.6 | | Berkshire Hathaway 312,216.7 | | Berkshire Hathaway 340,055.0 | | Google 329,768.5 |
| 6 | | Johnson & Johnson 277,826.2 | | Johnson & Johnson 295,980.1 | | Johnson & Johnson 300,614.2 | | PetroChina 305,536.1 |
| 7 | | Wells Fargo 261,217.5 | | Wells Fargo 276,837 | | Wells Fargo 270,782.4 | | Johnson & Johnson 292,702.8 |
| 8 | | General Electric 259,547.3 |   | Royal Dutch Shell269,563.4 | | General Electric 257,068.4 | | Wells Fargo 284,385.6 |
| 9 | | Hoffmann-La Roche 258,542.1 | | General Electric 263,529.6 | | Novartis 255,326.4 | | Walmart 276,807.4 |
| 10 | | Walmart 246,805.7 | | Hoffmann-La Roche 256,322.8 | | Hoffmann-La Roche 254,543.8 | | ICBC 271,146.1 |
2013
This Financial Times–based list is up to date as of 31 December 2013. Indicated changes in market value are relative to the previous quarter.
| Rank | First quarter[87] | Second quarter[88] | Third quarter[89] | Fourth quarter[90] | ||||
|---|---|---|---|---|---|---|---|---|
| 1 | | Apple 415,683.3 | | ExxonMobil401,729.8 | | Apple433,099.6 | | Apple504,770.8 |
| 2 | | ExxonMobil 403,733.1 | | Apple372,202.3 | | ExxonMobil 378,716.2 | | ExxonMobil442,142.8 |
| 3 | | Berkshire Hathaway 256,801.8 | | Microsoft288,488.8 | | Berkshire Hathaway 280,001.5 | | Microsoft 312,297.3 |
| 4 | | PetroChina 254,618.7 | | Berkshire Hathaway 276,548.5 | | Microsoft277,220.9 | | Google310,079.1 |
| 5 | | Walmart 246,373.3 | | Walmart 244,079.4 | | Johnson & Johnson 244,298.5 | | Berkshire Hathaway 292,396.0 |
| 6 | | General Electric 239,775.6 | | Johnson & Johnson 241,170.9 | | General Electric 243,290.4 | | General Electric 283,589.8 |
| 7 | | Microsoft239,602.3 | | General Electric 239,787.2 | | Walmart 240,773.3 | | Johnson & Johnson 258,415.4 |
| 8 | | IBM 237,724.7 | | Google 238,688.6 | | Google237,479.4 | | Walmart254,622.8 |
| 9 | | Nestlé 233,792.1 | | Chevron Corporation 229,402.6 | | Chevron Corporation 234,740.8 | | Hoffmann-La Roche241,368.0 |
| 10 | | Chevron Corporation 230,831.2 | | ICBC 226,879.8 | | Hoffmann-La Roche 232,495.2 | | Chevron Corporation240,223.4 |
2012
This Financial Times–based list is up to date as of 31 December 2012. Indicated changes in market value are relative to the previous quarter.
| Rank | First quarter[91] | Second quarter[92] | Third quarter[93] | Fourth quarter[94] | ||||
|---|---|---|---|---|---|---|---|---|
| 1 | | Apple 559,002.1 | | Apple 546,076.1 | | Apple 625,348.1 | | Apple 500,610.7 |
| 2 | | ExxonMobil 408,777.4 | | ExxonMobil 400,139.1 | | ExxonMobil 422,127.5 | | ExxonMobil 394,610.9 |
| 3 | | PetroChina 278,968.4 | | PetroChina 257,685.8 | | PetroChina 253,853.3 | | PetroChina 264,833.4 |
| 4 | | Microsoft 270,644.1 | | Microsoft 256,982.4 | | Microsoft 249,489.8 |  | BHP Billiton247,409.0 |
| 5 | | IBM 241,754.6 | | Walmart 235,900.3 | | Walmart 248,074.4 | | ICBC236,457.9 |
| 6 | | ICBC 236,335.4 | | IBM 225,598.5 | | General Electric 239,791.2 | | China Mobile 234,040.2 |
| 7 | | Royal Dutch Shell222,425.1 | | General Electric 220,806.3 | | IBM 237,068.4 | | Walmart 228,245.4 |
| 8 | | China Mobile 220,978.9 | | China Mobile 219,481.3 | | Chevron Corporation 228,707.1 | | Samsung Electronics 227,581.8 |
| 9 | | General Electric 212,317.7 | | Royal Dutch Shell217,048.2 | | China Mobile 222,817.8 | | Microsoft 224,801.0 |
| 10 | | Chevron Corporation 211,950.6 | | ICBC211,196.0 | | Royal Dutch Shell222,669.6 | | Royal Dutch Shell 222,669.6 |
2011
This Financial Times–based list is up to date as of 31 December 2011. Indicated changes in market value are relative to the previous quarter.
| Rank | First quarter[95] | Second quarter[96] | Third quarter[97] | Fourth quarter[98] | ||||
|---|---|---|---|---|---|---|---|---|
| 1 | | ExxonMobil 417,166.7 | | ExxonMobil 400,884.5 | | Apple 353,518.1 | | ExxonMobil 406,272.1 |
| 2 | | PetroChina 326,199.2 | | Apple 310,412.3 | | ExxonMobil 353,135.2 | | Apple 376,410.6 |
| 3 | | Apple 321,072.1 | | PetroChina 303,649.9 | | PetroChina 276,473.9 | | PetroChina 276,844.9 |
| 4 | | ICBC 251,078.1 | | ICBC 246,850.5 | | IBM 208,843.5 | | Royal Dutch Shell 236,677.0 |
| 5 |  | Petrobras 247,417.6 | | BHP Billiton 233,626.5 | | Microsoft 208,534.9 | | ICBC 228,168.1 |
| 6 | | BHP Billiton 247,079.5 | | Royal Dutch Shell 225,122.8 | | ICBC 206,021.4 | | Microsoft 218,380.1 |
| 7 | | China Construction Bank 232,608.6 | | Microsoft 219,251.9 | | China Mobile 198,778.7 | | IBM 216,724.4 |
| 8 | | Royal Dutch Shell 226,128.7 | | Nestlé 215,017.5 | | Royal Dutch Shell 197,061.1 | | Chevron Corporation 211,893.9 |
| 9 | | Chevron Corporation 215,780.6 | | Petrobras 210,111.4 | | Nestlé 191,115.6 | | Walmart 204,659.8 |
| 10 | | Microsoft 213,336.4 | | IBM 207,781.4 | | Chevron Corporation 185,456.1 | | China Mobile 196,148.4 |
2010
This Financial Times–based list is up to date as of 31 December 2010. Indicated changes in market value are relative to the previous quarter.
| Rank | First quarter[99] | Second quarter[100] | Third quarter[101] | Fourth quarter[102] | ||||
|---|---|---|---|---|---|---|---|---|
| 1 | | PetroChina 329,259.7 | | ExxonMobil 291,789.1 | | ExxonMobil 314,622.5 | | ExxonMobil 368,711.5 |
| 2 | | ExxonMobil 316,230.8 | | PetroChina 268,504.8 | | PetroChina 270,889.9 | | PetroChina 303,273.6 |
| 3 | | Microsoft 256,864.7 | | Apple 228,876.8 | | Apple 259,223.4 | | Apple 295,886.3 |
| 4 | | ICBC 246,419.8 | | ICBC 211,258.7 | | Petrobras 220,616.5 | | BHP Billiton 243,540.3 |
| 5 | | Apple 213,096.7 | | Microsoft 201,655.8 | | ICBC 213,364.1 | | Microsoft 238,784.5 |
| 6 | | BHP Billiton 209,935.1 | | China Mobile 201,471.2 | | Microsoft 210,676.4 | | ICBC 233,369.1 |
| 7 | | Walmart 209,000.7 | | Berkshire Hathaway 197,356.8 | | China Mobile 205,339.6 | | Petrobras 229,066.6 |
| 8 | | Berkshire Hathaway 200,620.5 | | China Construction Bank 189,170.7 | | Berkshire Hathaway 204,792.0 | | China Construction Bank 222,245.1 |
| 9 | | General Electric 194,246.2 | | Walmart 178,322.7 | | China Construction Bank 202,998.4 | | Royal Dutch Shell 208,593.7 |
| 10 | | China Mobile 192,998.6 | | Procter & Gamble 172,736.5 | | BHP Billiton 196,866.0 | | Nestlé 203,534.3 |
2009
This Financial Times–based list is up to date as of 31 December 2009. Indicated changes in market value are relative to the previous quarter.
| Rank | First quarter[103] | Second quarter[104] | Third quarter[105] | Fourth quarter[106] | ||||
|---|---|---|---|---|---|---|---|---|
| 1 | | ExxonMobil 336,527 | | PetroChina 366,662.9 | | ExxonMobil 329,725 | | PetroChina 353,140.1 |
| 2 | | PetroChina 287,185 | | ExxonMobil 341,140.3 | | PetroChina 325,097.5 | | ExxonMobil 323,717.1 |
| 3 | | Walmart 204,365 | | ICBC 257,004.4 | | ICBC 237,951.5 | | Microsoft 270,635.4 |
| 4 | | ICBC 187,885 | | Microsoft 211,546.2 | | Microsoft 229,630.7 | | ICBC 268,956.2 |
| 5 | | China Mobile 174,673 | | China Mobile 200,832.4 | | HSBC 198,561.1 | | Walmart 203,653.6 |
| 6 | | Microsoft 163,320 | | Walmart 188,752.0 | | China Mobile 195,680.4 | | China Construction Bank 201,436.1 |
| 7 | | AT&T 148,511 | | China Construction Bank 182,186.7 | | Walmart 189,331.6 | | BHP Billiton 201,248 |
| 8 | | Johnson & Johnson 145,481 | | Petrobras 165,056.9 | | Petrobras 189,027.7 | | HSBC 199,254.9 |
| 9 | | Royal Dutch Shell 138,999 | | Johnson & Johnson156,515.9 | | China Construction Bank 186,816.7 | | Petrobras 199,107.9 |
| 10 | | Procter & Gamble 138,013 | | Royal Dutch Shell156,386.7 | | Royal Dutch Shell175,986.1 | | Apple 189,801.7 |
2008
This Financial Times–based list is up to date as of 31 December 2008. Indicated changes in market value are relative to the previous quarter.
| Rank | First quarter[107] | Second quarter[108] | Third quarter[109] | Fourth quarter[110] | ||||
|---|---|---|---|---|---|---|---|---|
| 1 | | ExxonMobil 452,505 | | ExxonMobil 465,652 |
| ExxonMobil 403,366 | | ExxonMobil 406,067 |
| 2 | | PetroChina 423,996 | | PetroChina 341,140.3 | | PetroChina 325,097.5 | | PetroChina 259,836 |
| 3 | | General Electric 369,569 | | ICBC 257,004.4 | | ICBC 237,951.5 | | Walmart 219,898 |
| 4 |  | Gazprom 299,764 | | Microsoft 211,546.2 | | Microsoft 229,630.7 | | China Mobile 201,291 |
| 5 | | China Mobile 298,093 | | China Mobile 200,832.4 | | HSBC 198,561.1 | | Procter & Gamble 184,576 |
| 6 | | ICBC 277,236 | | Walmart 188,752.0 | | China Mobile 195,680.4 | | ICBC 173,930 |
| 7 | | Microsoft 264,132 | | China Construction Bank 182,186.7 | | Walmart 189,331.6 | | Microsoft 172,929 |
| 8 | | AT&T 231,168 | | Petrobras 165,056.9 | | Petrobras 189,027.7 | | AT&T 167,950 |
| 9 | | Royal Dutch Shell 220,110 | | Johnson & Johnson156,515.9 | | China Construction Bank 186,816.7 | | Johnson & Johnson 166,002 |
| 10 | | Procter & Gamble 215,640 | | Royal Dutch Shell156,386.7 | | Royal Dutch Shell175,986.1 | | General Electric 161,278 |
2007
This Financial Times–based list is up to date as of 31 December 2007. Indicated changes in market value are relative to the previous quarter.
| Rank | First quarter[111] | Second quarter[112] | Third quarter[113] | Fourth quarter[114] | ||||
|---|---|---|---|---|---|---|---|---|
| 1 | | ExxonMobil 429,567 | | ExxonMobil 472,519 | | ExxonMobil 513,362 | | Petrochina 723,952 |
| 2 | | General Electric 363,611 | | General Electric 393,831 | | General Electric424,191 | | ExxonMobil 511,887 |
| 3 | | Microsoft 272,912 | | Microsoft 281,934 | | China Mobile327,937 | | General Electric374,637 |
| 4 | | Citigroup 252,857 | | Royal Dutch Shell266,141 | | ICBC 279,269 | | China Mobile 354,120 |
| 5 | | AT&T246,206 | | AT&T 255,871 | | Microsoft 276,202 | | ICBC 338,989 |
| 6 | | Gazprom 245,911 | | Citigroup 253,703 | | Royal Dutch Shell 264,397 | | Microsoft333,054 |
| 7 |  | Toyota 230,832 | | Gazprom 245,757 | | Gazprom260,249 | | Gazprom329,591 |
| 8 | | Bank of America 228,177 | | BP 231,491 | | AT&T 258,047 | | Royal Dutch Shell 269,544 |
| 9 | | ICBC 224,788 | | Toyota 228,009 | | Citigroup 232,162 | | AT&T 252,051 |
| 10 | | Royal Dutch Shell 214,018 | | Bank of America 216,963 | | Bank of America 223,066 | | Sinopec 249,645 |
2006
This Financial Times–based list is up to date as of December 2006. Indicated changes in market value are relative to the previous quarter.
| Rank | First quarter[115] | Second quarter[116] | Third quarter[117] | Fourth quarter[118] | ||||
|---|---|---|---|---|---|---|---|---|
| 1 | | ExxonMobil 371,631 | | ExxonMobil 371,187 | | ExxonMobil 398,906 | | ExxonMobil 446,943 |
| 2 | | General Electric 362,527 | | General Electric 342,731 | | General Electric 364,414 | | General Electric 383,564 |
| 3 | | Microsoft 281,171 | | Gazprom 246,341 | | Microsoft 272,679.0 | | Microsoft 293,537 |
| 4 | | Citigroup 238,935 | | Citigroup 239,862 | | Gazprom 254,634.3 | | Citigroup 273,691 |
| 5 | | BP 233,260 | | Microsoft 237,688 | | Citigroup 246,727 | | Gazprom 271,482 |
| 6 | | Bank of America 211,706 | | BP 233,151 | | Bank of America 242,451 | | ICBC 254,592 |
| 7 | | Royal Dutch Shell 211,280 | | Royal Dutch Shell 224,925 | | Royal Dutch Shell 216,368 | | Toyota 241,161 |
| 8 | | Walmart 196,860 | | Bank of America 219,504 | | BP 215,623 | | Bank of America 239,758 |
| 9 | | Toyota 196,731 | | HSBC 201,854 | | HSBC 209,774 | | Royal Dutch Shell 225,781 |
| 10 | | Gazprom 196,339 | | Walmart 200,762 | | Pfizer 206,785 | | BP 218,643 |
2005
This Financial Times–based list is up to date as of 31 March 2005.[119]
| Rank | Name | Country | Primary industry | Market value (USD million) |
|---|---|---|---|---|
| 1 | General Electric | United States | Conglomerate | 382,233 |
| 2 | ExxonMobil | United States | Oil and gas | 380,567 |
| 3 | Microsoft | United States | Software industry | 262,975 |
| 4 | Citigroup | United States | Banking | 234,437 |
| 5 | BP | United Kingdom | Oil and gas | 221,365 |
| 6 | Walmart | United States | Retail | 212,209 |
| 7 | Royal Dutch Shell | Netherlands
United Kingdom |
Oil and gas | 210,630 |
| 8 | Johnson & Johnson | United States | Health care | 199,711 |
| 9 | Pfizer | United States | Health care | 195,945 |
| 10 | Bank of America | United States | Banking | 178,765 |
2004
This Financial Times–based list is up to date as 31 March 2004.[120]
| Rank | Name | Country | Primary industry | Market value (USD million) |
|---|---|---|---|---|
| 1 | General Electric | United States | Conglomerate | 299,336 |
| 2 | Microsoft | United States | Software industry | 271,911 |
| 3 | ExxonMobil | United States | Oil and gas | 263,940 |
| 4 | Pfizer | United States | Health care | 261,616 |
| 5 | Citigroup | United States | Banking | 259,191 |
| 6 | Walmart | United States | Retail | 258,888 |
| 7 | American International Group | United States | Insurance | 183,696 |
| 8 | Intel Corporation | United States | Computer hardware | 179,996 |
| 9 | BP | United Kingdom | Oil and gas | 174,648 |
| 10 | HSBC | United Kingdom | Banking | 163,574 |
2003
This Financial Times–based list is up to date as December 2003.[121]
| Rank | Name | Country | Primary industry | Market value (USD million) |
|---|---|---|---|---|
| 1 | Microsoft | United States | Software industry | 264,003 |
| 2 | General Electric | United States | Conglomerate | 259,647 |
| 3 | ExxonMobil | United States | Oil and gas | 241,037 |
| 4 | Walmart | United States | Retail | 234,399 |
| 5 | Pfizer | United States | Health care | 195,948 |
| 6 | Citigroup | United States | Banking | 183,887 |
| 7 | Johnson & Johnson | United States | Health care | 170,417 |
| 8 | Royal Dutch Shell | Netherlands
United Kingdom |
Oil and gas | 149,034 |
| 9 | BP | United Kingdom | Oil and gas | 144,381 |
| 10 | IBM | United States | Computer software, computer hardware | 139,272 |
2002
This Financial Times–based list is up to date December 2002.[122]
| Rank | Name | Country | Primary industry | Market value (USD million) |
|---|---|---|---|---|
| 1 | General Electric | United States | Conglomerate | 372,089 |
| 2 | Microsoft | United States | Software industry | 326,639 |
| 3 | ExxonMobil | United States | Oil and gas | 299,820 |
| 4 | Walmart | United States | Retail | 273,220 |
| 5 | Citigroup | United States | Banking | 255,299 |
| 6 | Pfizer | United States | Health care | 249,021 |
| 7 | Intel Corporation | United States | Computer hardware | 203,838 |
| 8 | BP | United Kingdom | Oil and gas | 200,794 |
| 9 | Johnson & Johnson | United States | Health care | 197,912 |
| 10 | Royal Dutch Shell | Netherlands
United Kingdom |
Oil and gas | 189,913
|
2001
This Financial Times–based list is up to date as 31 March 2001.[123]
| Rank | Name | Country | Primary industry | Market value (USD million) |
|---|---|---|---|---|
| 1 | General Electric | United States | Conglomerate | 477,406 |
| 2 | Cisco Systems | United States | Networking hardware | 304,699 |
| 3 | ExxonMobil | United States | Oil and gas | 286,367 |
| 4 | Pfizer | United States | Health care | 263,996 |
| 5 | Microsoft | United States | Software industry | 258,436 |
| 6 | Walmart | United States | Retail | 250,955 |
| 7 | Citigroup | United States | Banking | 250,143 |
| 8 | Vodafone | United Kingdom | Telecommunications | 227,175 |
| 9 | Intel | United States | Computer hardware | 227,048 |
| 10 | Royal Dutch Shell | Netherlands
United Kingdom |
Oil and gas | 206,340 |
2000
This Financial Times–based list is up to date as 31 March 2000.[124]
| Rank | Name | Country | Primary industry | Market value (USD million) |
|---|---|---|---|---|
| 1 | Microsoft | United States | Software industry | 586,197 |
| 2 | General Electric | United States | Conglomerate | 474,956 |
| 3 | NTT Docomo | Japan | Telecommunications | 366,204 |
| 4 | Cisco Systems | United States | Networking hardware | 348,965 |
| 5 | Wal-Mart | United States | Retail | 286,153 |
| 6 | Intel | United States | Computer hardware | 277,096 |
| 7 | Nippon Telegraph & Telephone | Japan | Telecommunications | 274,905 |
| 8 | ExxonMobil | United States | Oil and gas | 265,894 |
| 9 | Lucent | United States | Telecommunications | 237,668 |
| 10 | Deutsche Telekom | Germany | Telecommunications | 209,628 |
See also
Notes
- On 8 July 2024, TSMC's American depository receipt (ADR) shares on the New York Stock Exchange briefly crossed the $1 trillion milestone due to the ratio of ADRs to ordinary shares listed in Taiwan.[27]
- Meta was formerly Facebook Inc. and traded as Facebook, Inc. at the time it first reached a $1tn capitalization.
- On 5 November 2007, A shares of PetroChina ended their first day of trading after an IPO on the Shanghai Stock Exchange yielded a market cap of approximately $1 trillion.[43] Only 4 billion A shares were floated during the IPO, another 158 billion A shares were still held by China National Petroleum Corporation. 21.9 billion H shares were already floated on the Hong Kong Stock Exchange.[44] However, market capitalization based on H shares never reached $500 billion.[45]
- In case some companies with multiple classes of stock only one class is considered.