Top 10 companies in the world

The largest corporations in the world by revenue operate across a range of business sectors, from e-commerce and electronic products to oil and retailing, from young, fast-growing industries to established, slower-growing ones. While the COVID-19 pandemic has affected consumer reaction and how business is done today, several of these companies are still flourishing because of their unique advantages. Here is the list of the top 10 companies in the world that have been consistent in their output and maintained their world ranking. 

Top 10 largest companies in the world

Walmart Inc. (WMT)

• Revenue (TTM): $542.0 billion
• Net Income (TTM): $17.9 billion
• Market Cap: $392.8 billion
• 1-Year Trailing Total Return: 22.4%
• Exchange: New York Stock Exchange

Walmart was established in 1962 and has since become one of the biggest merchants in the world. The business runs neighborhood markets, discount stores, and supercenters, and has a sizable internet presence as well.

Walmart offers a huge selection of goods, including clothing and accessories, household goods, books, jewelry, food and drink, pharmaceutical supplies, and automobile equipment.

China Petroleum & Chemical Corp. (SNP)

• Revenue (TTM): $355.8 billion
• Net Income (TTM): $486.6 million
• Market Cap: $53.5 billion
• 1-Year Trailing Total Return: -21.7%
• Exchange: New York Stock Exchange

A range of petrochemical and petroleum products are produced and distributed by China Petroleum & Chemical. Among other offerings, the company’s products include chemical fertilizers, synthetic rubbers and resins, jet fuel, diesel, and kerosene.

China Petroleum & Chemical, also known as Sinopec, is one of the biggest gas, petrochemical, and oil refining enterprises in the world. The People’s Republic of China’s State Council is in charge of it.

Amazon.com Inc. (AMZN)

• Revenue (TTM): $321.8 billion
• Net Income (TTM): $13.2 billion
• Market Cap: $1.6 trillion
• 1-Year Trailing Total Return: 78.5%
• Exchange: NASDAQ

By market cap, Amazon is the biggest online retailer in the world. The business started as an online bookseller but has subsequently expanded to include almost all retail categories. Along with operating an online store, Amazon also owns businesses like Whole Foods Market and Ring, a home security company.

Cloud computing services, subscription goods like Amazon Prime, and streaming movies and other entertainment are some of Amazon’s fastest-growing business segments.

 PetroChina Co. Ltd. (PTR)

• Revenue (TTM): $320.0 billion
• Net Income (TTM): -$1.8 billion
• Market Cap: $59.2 billion
• 1-Year Trailing Total Return: -34.8%
• Exchange: New York Stock Exchange

Oil exploration, development, production, and sales are all activities carried out by the oil and gas company PetroChina. Additionally, it produces petrochemical goods. The publicly traded division of the Chinese state-owned China National Petroleum Corporation is called PetroChina.

Apple Inc. (AAPL)

• Revenue (TTM): $273.9 billion
• Net Income (TTM): $58.4 billion
• Market Cap: $2.0 trillion
• 1-Year Trailing Total Return: 121.3%
• Exchange: NASDAQ

Apple creates, produces, and sells a wide variety of consumer technology products, including smartphones, laptops, tablets, wearable technologies, home entertainment systems, and more.

The iPhone and Mac lines of computers are two of the best-selling goods of the company. Along with owning digital content shops, selling streaming video games, and offering streaming services like Apple+, a platform for on-demand entertainment content, Apple is also developing technology for a fast-expanding services sector.

 CVS Health Corp. (CVS)

• Revenue (TTM): $264.0 billion
• Net Income (TTM): $8.3 billion
• Market Cap: $77.2 billion
• 1-Year Trailing Total Return: -3.6%
• Exchange: New York Stock Exchange

CVS is a comprehensive pharmacy healthcare provider. The business runs a chain of pharmacies with sites across the United States and Puerto Rico. In addition to retail, CVS provides illness management programs, mail-order pharmacy services, and pharmacy benefit management services.

 Royal Dutch Shell PLC (RDS.A)

• Revenue (TTM): $263.1 billion
• Net Income (TTM): -$11.3 billion
• Market Cap: $110.1 billion
• 1-Year Trailing Total Return: -46.5%
• Exchange: New York Stock Exchange

The Netherlands-based Royal Dutch Shell discovers, manufactures, and refines petroleum through its subsidiary companies. Shell manufactures and sells fuels, lubricants, and other chemicals in addition to operating gas stations all over the world.

Berkshire Hathaway Inc. (BRK.A)

• Revenue (TTM): $260.5 billion
• Net Income (TTM): $22.2 billion
• Market Cap: $520.9 billion
• 1-Year Trailing Total Return: 6.5%
• Exchange: New York Stock Exchange

A diversified holding company, Berkshire Hathaway, owns businesses in a variety of markets. These include businesses engaged in energy production, freight rail transportation, and insurance among others. The corporation also has a considerable portfolio of derivatives and equity securities.

Toyota Motor Corp. (TM)

• Revenue (TTM): $248.6 billion
• Net Income (TTM): $14.4 billion
• Market Cap: $182.7 billion
• 1-Year Trailing Total Return: 1.8%
• Exchange: New York Stock Exchange

Toyota is a Japanese automaker company that produces, markets, leases, and fixes buses, trucks, and passenger automobiles all over the world. Along with this, the business offers financing services and sells equipment and parts. Toyota also creates cruise control and electronic toll systems for use in intelligent transportation networks, as well as in building residences and aircraft.

Volkswagen AG (VWAGY)

• Revenue (TTM): $247.4 billion
• Net Income (TTM): $6.4 billion
• Market Cap: $94.8 billion
• 1-Year Trailing Total Return: 11.2%
• Exchange: OTC

As per the sales figure for cars, Volkswagen Group is the biggest automobile production company in the world. Both premium and affordable cars, sports cars, lorries, and other commercial vehicles are manufactured, sold, and repaired by the German corporation. The famous Audi is VW’s top luxury brand.

Key takeaways

• Strong company values enable businesses to operate more profitably, have happier customers and staff, and grow more quickly.
• The largest firms in the world by revenue operate in a variety of market sectors, including e-commerce, electronic goods, retail, oil, and established, slower-growing industries.
• Companies like Walmart, Apple, PetroChina, Amazon, and Volkswagon are the industry leaders in their fields. They have been able to maintain their position through constant innovation and maintaining quality.

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FAQs

Q1. Which is the richest company in the world?

Ans- As a result of the successful issuance of shares on the stock exchange, Saudi Aramco overtook Apple as the most expensive or richest corporation in the world. The oil tycoon formally released its financial statements in 2019. As soon as the shares were made available on the Tadawul stock exchange, the company’s valuation hit 1.9 trillion dollars.

Q2. Which are the top 10 insurance companies in the world?

Ans- Following are the top 10 insurance companies in the world-

1. Chubb Ltd.     
2. Travelers Companies Inc.     
3. Liberty Mutual     
4.  Zurich Insurance Group     
5.  Berkshire Hathaway Inc.     
6. American International Group (AIG)     
7. CNA Financial Corp.     
8.  Hartford Financial Services    
9.  Progressive     
10. Nationwide Mutual Group

Q3. Which is the most successful company in the world?

Ans- According to recent data, Apple is the most successful company in the world.