Forbes Global 2000
| Company type | Annual ranking |
|---|---|
| Industry | Business ranking / Financial services |
| Founded | 2003 |
Area served | Worldwide |
| Products | Rankings of publicly traded companies by revenue, profit, assets, and market capitalization |
The Forbes Global 2000 represents an annual compilation ranking the leading 2000 publicly traded companies across the globe, evaluated by metrics such as revenue, profit, asset holdings, and market capitalization. This ranking has been released every year since 2003.
By country
As of 2023, the Forbes Global 2000 distribution by country/region is as follows:
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2023 list
The top ten companies globally in the year 2023 based on this ranking are:
| Rank | Company | Headquarters | Sector | Sales (billion $) |
Profits (billion $) |
Assets (billion $) |
|---|---|---|---|---|---|---|
| 1 | JPMorgan Chase | New York City | 'Banking and financial services' | '179.93' | '41.8' | '3,700' |
| 2 | 'Saudi Aramco' | 'Dhahran' | 'Oil and gas industry' | '393.16' | '61.69' | '3,694' |
| 3 | 'Citigroup' | 'New York' | 'Banking and financial services' | '216.77' | '52.47' | '6,100' |
| 4 | 'Industrial and Commercial Bank of China' | 'Beijing' | 'Banking and financial services' | '203.08' | '48.25' | '5,000' |
| 5 | 'China Construction Bank' | 'Beijing' | 'Banking and financial services' | '186.14' | '37.92' | '5,400' |
| 6 | 'Bank of America' | 'Charlotte, North Carolina' | 'Banking and financial services' | '133.84' | '28.62' | '3,200' |
| 7 | 'Alphabet Inc.' | 'Mountain View, California' | 'Conglomerate' | '282.85' | '58.59' | '369.5' |
| 8 | 'Berkshire Hathaway' | 'Omaha, Nebraska' | 'Conglomerate' | '589.47' | '156.36' | '653.9' |
| 9 | 'Microsoft' | 'Redmond, Washington' | 'Software industry' | '207.59' | '69.02' | '380.1' |
| 10 | 'Apple Inc.' | 'Cupertino, California' | 'Consumer electronics, software and services' | '385.1' | '94.32' | '332.2' |
2022 list
The ten largest corporations in 2022, ranked by this criterion, included:
| Rank | Company | Headquarters | Industry | Sales (billion $) |
Profits (billion $) |
Assets (billion $) |
Market value (billion $) |
|---|---|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | "Omaha, Nebraska" | "Conglomerate" | "276.1" | "89.9" | "958.8" | "741.5" |
| 2 | Industrial and Commercial Bank of China | "Beijing" | "Banking, financial services" | "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 City" | "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 | "Seattle" | "Conglomerate" | "469.8" | "33.4" | "420.6" | "1,468.4" |
| 7 | Apple | "Cupertino, California" | "Consumer Electronics, Software, Services" | "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, North Carolina" | "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' |
2021 list
The following companies represented the top ten largest entities in 2021 according to this ranking:
6 6 9 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 | 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, California | Consumer electronics, software, services | 294 | 63.9 | 354.1 | 2252.3 |
| Bank of America | Charlotte, North Carolina | Banking, financial services | 98.8 | 17.9 | 2832.2 | 336.3 | |
| Ping An Insurance | Shenzhen | Financial services | 169.1 | 20.8 | 1453.8 | 211.2 | |
| Citigroup | New York City | Banking, financial services | 153.9 | 31.3 | 4159.9 | 140.1 | |
| Amazon.com, Inc. | Seattle | Conglomerate | 386.1 | 21.3 | 321.2 | 1711.8 |
2020 list
The 2020 ranking of the top ten companies was as follows:
| 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 City | 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 | >Consumer electronics, software, services | >267..7 | >57..2 | >320..4 | >1285..5 |
| >10 | >Bank of China | >Beijing | >Banking, financial services | >135..4 | >27..2 | >3387 | >112..8 |
2019 list
The ten largest corporations in 2019, ranked by this methodology, included:
| Rank | Company | Headquarters | Industry | Sales (billion $) |
Profits (billion $) |
Assets (billion $) |
Market value (billion $) |
|---|---|---|---|---|---|---|---|
| 1 | Industrial and Commercial Bank of China | Beijing | Banking and financial services | 175.9 | 45.2 | 4034.5 | 305.1 |
| 2 | JPMorgan Chase | New York City | Banking and financial services | 132.9 | 32.7 | 2737.2 | 368.5 |
| 3 | China Construction Bank | Beijing | Banking and financial services | 150.3 | 38.8 | 3382.4 | 225 |
| 4 | Citigroup | New York City | Banking and financial services | 137.5 | 30.9 | 3293.1 | 197 |
| 5 | Bank of America | Charlotte | Banking and financial services | 111.9 | 28.5 | 2377.2 | 287.3 |
| 6 | Apple Inc. | Cupertino | Consumer electronics, software, and services | 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 and financial services | 126.7 | 27.5 | 3097.6 | 143 |
| 9 | Royal Dutch Shell | The Hague | Oil and gas industry | 382.6 | 23.3 | 399.2 | 264.9 |
| 10 | Wells Fargo | San Francisco | Banking and financial services | 101.5 | 23.1 | 1887.8 | 214.7 |
2018 list
The leading ten companies in 2018, based on this ranking method, were:
| Rank | Company | Headquarters | Industry | Sales (billion $) |
Profits (billion $) |
Assets (billion $) |
Market value (billion $) |
|---|---|---|---|---|---|---|---|
| 1 | Industrial and Commercial Bank of China | Beijing | Banking and financial services | 165.3 | 43.7 | 4210.9 | 311 |
| 2 | China Construction Bank | Beijing | Banking and financial services | 143.2 | 37.1 | 3631.6 | 261.2 |
| 3 | JPMorgan Chase | New York City | Banking and financial services | 118.2 | 26.5 | 2609.8 | 387.7 |
| 4 | Berkshire Hathaway | Omaha | Conglomerate sector | 235.2 | 39.7 | 702.7 | 491.9 |
| 5 | Citigroup | New York City | Banking and financial services | 129.3 | 29.6 | 3439.3 | 184.1 |
| 6 | Bank of America | Charlotte | Banking and financial services | 92.2 | 16.6 | 2196.8 | 231.9 |
| 7 | Wells Fargo | San Francisco | Banking and financial services | 103.0 | 21.7 | 1915.4 | 265.3 |
| 8 | Apple Inc. | Cupertino | Consumer electronics, software, and services | 247.5 | 53.3 | 367.5 | 926.9 |
| 9 | Bank of China | Beijing | Banking and financial services | 118.2 | 26.4 | 3204.2 | 158.6 |
| 10 | American Express | Buffalo | Banking and financial services | 141.6 | 13.9 | 1066.4 | 181.4 |
The Forbes Global 2000 for the year 2018 represented total sales of $39.1 trillion, profits amounting to $3.2 trillion, assets valued at $189 trillion, and a market capitalization of $56.8 trillion.
By industry sector
The highest-ranking enterprises within each sector for 2018 are as follows:
Airline Industry | Delta Air Lines | Atlanta | #170 | 40 .5 | 4 .7 | 53 .3 | 34 .4 Aluminum Production | 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 Automobile & Truck Manufacturing | Toyota Motor Corporation | Toyota, Aichi Prefecture | #10 |235 .8 |19 .3 |406 .7 |177 .0 Auto & Truck Parts Manufacturing | Continental AG | Hanover | #209 |43 .5 |3 .0 |36 .7 |43 .7 Beverage Industry | Anheuser-Busch InBev | Leuven | #56 |43 .6 |8 .3 |136 .5 |204 .6 Biotechnology Sector | Gilead Sciences Inc.| Foster City, California |||#118 |||32 .2 |||18 .1 |||51 .8 |||138 .1 Broadcasting & Cable Television Services ||| Comcast Corporation ||| Philadelphia, Pennsylvania |||#35 |||74 .5 |||8 .2 |||166 .6 |||148 .2 Business & Personal Services Sector | Alibaba Group Holding Limited Hangzhou #174 15 .0 11 .0 56 .2 200 .7 Office Supplies & Business Products Sector Canon Inc Tokyo #254 31 .4 1 .8 36 .8 40 .4 Casinos & Gaming Industry Las Vegas Sands Paradise, Nevada #432 11 .4 1 .8 21 .0 37 .2 Communications Equipment Cisco Systems San Jose, California #63 49 .6 10 .3 112 .6 141 .7 Computer & Electronics Retail Best Buy Richfield, Minnesota #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 Inc Mountain View, California #27 77 . 2 |- Computer Storage Devices Dell EMC Hopkinton, Massachusetts #23124 . 6 |- Conglomerates Siemens Munich #51 Sales billion $85 . 5 Profit billion $6 . 5 Assets billion $133 . 9 Market value billion $91 . 8 |- Building Materials Saint-Gobain Courbevoie #256 Sales billion $43 . 9 Profit billion $1 . 4 Assets billion $48 . 7 Market value billion $25 . 6 |- Construction Services China State Construction Engineering Beijing #114 Sales billion $135 . 0 Profit billion $4 . 1 Assets billion $165 . 6 Market value billion $25 . 6 |- Consumer Electronics Sony Tokyo #192 Sales billion $67 . 9 Profit billion $1 . 1 Assets billion $142 . 2 Market value billion $34 . 1 |- Consumer Financial Services American Express New York City #95 Sales billion $34 . 6 Profit billion $5 . 0 Assets billion $159 . 0 Market value billion $63 . 2 |- Containers & Packaging Amcor Hawthorn, Victoria #966 Sales billion $9 . 3 Profit billion $0 . 7 Assets billion $8 . 2 Market value billion $13 . 6 |- Department Stores Macy's New York City #515 Sales billion $27 . 1 Profit billion $1 . 1 Assets billion $20 . 6 Market value billion $12 . 8 |- Discount Stores Walmart Bentonville, Arkansas #15 Sales billion $482 Profit billion$14 Assets billion$199 Market value billion$215 |- Diversified Chemicals BASF Ludwigshafen #94 Sales billion$78 Profit billion$4 Assets billion$80 Market value billion$73 |- Diversified Insurance Ping An Insurance Shenzhen #20 Sales billion$98 Profit billion$8 Assets billion$732 Market value billion$90 |- Diversified Metals & Mining China Shenhua Energy Beijing #167 Sales billion$27 Profit billion$2 Assets billion$85 Market value billion$43 |- Diversified Utilities Veolia Environnement Paris #526 Sales billion$27 Profit negligible Assets billion$39 Market value billion$13 |- Drug Retail CVS Health Woonsocket, Rhode Island #62 Sales billion$153 Profit billion$5 Assets billion$93 Market value billion$110 |- Electric Utilities Korea Electric Power Corporation Seoul #97 Sales billion$52 Profit billion$11 Assets billion$149 Market value billion$33 |- Electrical Equipment Schneider Electric Rueil-Malmaison #248 Sales billion$29 Profit negligible Assets billion$46 Market value billion$39 |- Electronics Industry Foxconn Hon Hai Precision New Taipei City #117 Sales billions141 Profit billions4 Assets billions70 Market values billions39 |- Environmental Waste Management Waste Management Houston #549 Sales billions13 Profit negligible Assets billions20 Market values billions25 |- Food Processing Nestlé Vevey #33 Sales billions92 Profit billions9 Assets billions123 Market values billions235 |- Food Retail Kroger Cincinnati #223 Sales billions109 Profit billions2 Assets billions34 Market values billions34 |- Forest Products CMPC Santiago #1943 Sales billions4 Profit negligible Assets billions14 Market values billions5 |- Fixtures Steinhoff International Stellenbosch #440 Sales billions13 Profit billions1 Assets billions25 Market values billions22 |- Healthcare Services Express Scripts St Louis #145 Sales billions101 Profit billions2 Assets billions54 Market values billions46 |- Heavy Equipment Caterpillar Inc Peoria, Illinois #155 Sales billions47 Profit billions2 Assets billions78 Market values billions45 |- Home Improvement Retail The Home Depot Atlanta #112 Sales billions88 Profit billions7 Assets billions42 Market values billions169 |- Hotels & Motels Carnival Cruise Line Miami #311 Sales billions15 Profit billions1 Assets billions38 Market values billions37 |- Household Appliances Midea Group Foshan #402 Sales billions22 Profit billions2 Assets billions19 Market values billions20 |- Household Personal Care Procter & Gamble Cincinnati #39 Sales billions69 Profit billions8 Assets billions129 Market values billions218 |- Insurance Brokers Aon London #420 Sales billions11 Profit billions1 Assets billions27 Market values billions27 |- Internet Mail Order Retail Amazon Seattle #237 Sales billions107 Profit negligible Assets billions67 Market values billions292 |- Investment Services Berkshire Hathaway Omaha #4 Sales billions210 Profit billions24 Assets billions561 Market values billions360 |- Iron Steel CITIC Limited Hong Kong #61 Salesbillions53 Profitbillions5 Assetsbillions877 Marketvaluesbillions45 |- Life Health Insurance Japan Post Holdings Tokyo #29 Salesbillions129 Profitsbillions4 Assetsbillions2450 Marketvaluesbillions62 |- Major Banks Industrial and Commercial Bank of China Beijing#1Salesbillions171 Profitsbillions44Assetsbillions3420Marketvaluesbillions198 |- Managed Health Care UnitedHealth Group Minnetonka Minnesota Minnetonka Minnesota Minnetonka Minnesota Minnetonka Minnesota Minnetonka Minnesota Minnetonka Minnesota Minnetonka Minnesota Minnetonka Minnesota Minnetonka Minnesota Minnetonka Minnesota Minnetonka Minnesota Minnetonka Minnesota Minnetonka Minnesota Minnetonka Minnesota Minnetonka Minnesota Minnetonka Minnesota Minnetonka Minnesota MinnetonkaMinnetonk... ... (table continues with additional sectors and companies)| 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 Manufacturing | Boeing | Chicago | #76 | 96.1 | 5.2 | 94 .4 | 85 .3 |
| Air Courier Services | United Parcel Service (UPS) | Sandy Springs, Georgia | #146 | 58 .1 | 4 .8 | 38 .3 | 93 .3 |
2017 ranking
The top ten corporations in 2017, ranked by this approach, included:
| Position | Corporation | Headquarters | Sector | Revenue (billion $) |
Net Income (billion $) |
Total Assets (billion $) |
Market Capitalization (billion $) |
|---|---|---|---|---|---|---|---|
| 1 | Industrial and Commercial Bank of China | Beijing | Banking and financial services | 151.4 | 42.0 | 3473.2 | 229.8 |
| 2 | China Construction Bank | Beijing | Banking and 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 and financial services | 102.5 | 24.2 | 2513.0 | 306.6 |
| 5 | Wells Fargo | San Francisco | Banking and financial services | 97.6 | 21.9 | 1943.4 | 274.4 |
| 6 | Citigroup | New York City | Banking and financial services | 115.7 | 27.8 | 2816.0 | 149.2 |
| 7 | Bank of America | Charlotte | Banking and financial services | 92.2 | 16.6 | 2196.8 | 231.9 |
| 8 | Bank of China | Beijing | Banking and financial services | 113.1 | 24.9 | 2611.5 | 141.3 |
| 9 | Apple Inc. | Cupertino | Consumer electronics, software, and services | 217.5 | 45.2 | 331.1 | 752.0 |
| 10 | Toyota Motor | Toyota | Automotive | 249.9 | 17.1 | 412.5 | 171.9 |
2016 ranking
The following were the ten largest firms based on this criterion in the year 2016:
| Position | Corporation | Headquarters | Sector | Revenue (billion $) |
Net Income (billion $) |
Total Assets (billion $) |
Market Capitalization (billion $) |
|---|---|---|---|---|---|---|---|
| 1 | Industrial and Commercial Bank of China | Beijing | Banking and financial services | 171.1 | 44.2 | 3420.2 | 198 |
| 2 | China Construction Bank | Beijing | Banking and financial services | 146.8 | 36.4 | 2826 | 162.8 |
| 3 | Citigroup | New York City | Banking and financial services | 131.9 | 28.8 | 2739.8 | 152.7 |
| 4 | Berkshire Hathaway | Omaha | Conglomerate | 210.8 | 24.1 | 561.1 | 360.1 |
| 5 | JPMorgan Chase | New York City | Banking and financial services | 99.9 | 23.5 | 2423.8 | 234.2 |
| 6 | Bank of China | Beijing | Banking and financial services | 122 | 27.2 | 2589.6 | 143 |
| 7 | Wells Fargo | San Francisco | Banking and financial services | 91.4 | 22.7 | 1849.2 | 256 |
| 8 | Apple Inc. | Cupertino | Consumer electronics, software, and services | 233.3 | 53.7 | 293.3 | 586 |
| 9 | ExxonMobil | Irving, Texas | Oil and gas sector | 236.8 | 16.2 | 336.8 | 363.3 |
| 10 | Toyota Motor | Toyota | Automotive industry | 235.8 | 19.3 | 406.7 | 177 |
See also
- Forbes 500
- Fortune Global 500
- Fortune India 500
- Financial Times Global 500
- Bentley Infrastructure 500
- List of largest employers
- List of largest companies by revenue
- List of public corporations by market capitalization
- List of largest Nordic companies