Countries by Share of the Global Economy

The World’s Largest Companies in 2022

Check out the high resolution infographic by clicking here.

This year has been made up of great financial difficulties.

Billions of dollars were wiped from the public sector markets, investor confidence plummeted, and price pressures weighed on consumers’ pockets.

Taken together, many of the world’s largest companies have fallen sharply in the stock market. However, a few companies in the major sectors grew well during the year.

As 2022 draws to a close, the infographic above shows the largest companies in the world, using data from Companiesmarketcap.com.

The World’s Largest Companies in the World in 2022

Today, Apple is the most valuable company in the world, at the top $2.3 trillion to calculate.

Despite the decline in technology in 2022 – driven by rising interest rates and sluggish sales – Apple has retained its top spot. This was mainly due to the revenue generated and the positive demand from consumers for iPhones, which drive almost half of its total revenue.

Following Apple and Microsoft. Unlike Apple, Microsoft has been experiencing a year-over-year decline in personal computer sales and the weight of the strong US dollar. Overall, about 50% of the company’s sales are made abroad.

As we show below, there are now only four companies left in the trillion dollar club.

2022 Rank Company Market Capitalization Section Place
1 apple $2.3T Modern ๐Ÿ‡บ๐Ÿ‡ธ US
2 Microsoft $1.9T Modern ๐Ÿ‡บ๐Ÿ‡ธ US
3 Saudi Aramco $1.8T Power ๐Ÿ‡ธ๐Ÿ‡ฆ Saudi Arabia
4 Letters $1.2T Modern ๐Ÿ‡บ๐Ÿ‡ธ US
5 Amazon $924B Consumer Discretionary ๐Ÿ‡บ๐Ÿ‡ธ US
6 Berkshire Hathaway $686B Finances ๐Ÿ‡บ๐Ÿ‡ธ US
7 Tesla $522B Consumer Discretionary ๐Ÿ‡บ๐Ÿ‡ธ US
8 UnitedHealth Group $510B Health care ๐Ÿ‡บ๐Ÿ‡ธ US
9 Johnson & Johnson $465B Health care ๐Ÿ‡บ๐Ÿ‡ธ US
10 Visa $454B Industrials ๐Ÿ‡บ๐Ÿ‡ธ US
11 NVIDIA $437B Modern ๐Ÿ‡บ๐Ÿ‡ธ US
12 Exxon Mobil records $437B Power ๐Ÿ‡บ๐Ÿ‡ธ US
13 TSMC price $417B Modern ๐Ÿ‡น๐Ÿ‡ผ Taiwan
14 Walmart $399B Consumer Discretionary ๐Ÿ‡บ๐Ÿ‡ธ US
15 Tencent $397B Modern ๐Ÿ‡จ๐Ÿ‡ณ China
16 JPMorgan Chase $394B Finances ๐Ÿ‡บ๐Ÿ‡ธ US
17 Image of LVMH $377B Consumer Discretionary ๐Ÿ‡ซ๐Ÿ‡ท France
18 Procter & Gamble $361B Consumer Staples ๐Ÿ‡บ๐Ÿ‡ธ US
19 Eli Lilly $349B Health care ๐Ÿ‡บ๐Ÿ‡ธ US
20 Mastercard $344B Industrials ๐Ÿ‡บ๐Ÿ‡ธ US
21 Home Depot $334B Consumer Discretionary ๐Ÿ‡บ๐Ÿ‡ธ US
22 Chevron $328B Power ๐Ÿ‡บ๐Ÿ‡ธ US
23 Nestlรฉ $322B Consumer Staples ๐Ÿ‡จ๐Ÿ‡ญ Switzerland
24 Kweichow Moutai $313B Consumer Staples ๐Ÿ‡จ๐Ÿ‡ณ China
25 Samsung $306B Modern ๐Ÿ‡ฐ๐Ÿ‡ท South Korea
26 Meta (Facebook) $304B Modern ๐Ÿ‡บ๐Ÿ‡ธ US
27 Pfizer $293B Health care ๐Ÿ‡บ๐Ÿ‡ธ US
28 AbbVie $292B Health care ๐Ÿ‡บ๐Ÿ‡ธ US
29 Novo Nordisk $292B Health care ๐Ÿ‡ฉ๐Ÿ‡ฐ Denmark
30 Coca Cola $277B Consumer Staples ๐Ÿ‡บ๐Ÿ‡ธ US
31 Merck $276B Health care ๐Ÿ‡บ๐Ÿ‡ธ US
32 Roche $267B Health care ๐Ÿ‡จ๐Ÿ‡ญ Switzerland
33 Bank of America $263B Finances ๐Ÿ‡บ๐Ÿ‡ธ US
34 Pepsico $253B Consumer Staples ๐Ÿ‡บ๐Ÿ‡ธ US
35 ASML $247B Modern ๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands
36 Alibaba $245B Consumer Discretionary ๐Ÿ‡จ๐Ÿ‡ณ China
37 Broadcom $225B Modern ๐Ÿ‡บ๐Ÿ‡ธ US
38 Thermo Fisher Scientific $223B Health care ๐Ÿ‡บ๐Ÿ‡ธ US
39 Oracle $219B Modern ๐Ÿ‡บ๐Ÿ‡ธ US
40 Costco $216B Consumer Discretionary ๐Ÿ‡บ๐Ÿ‡ธ US
41 AstraZeneca $215B Health care ๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
42 Reliance Industries $214B Power ๐Ÿ‡ฎ๐Ÿ‡ณ India
43 The price of ICBC $208B Finances ๐Ÿ‡จ๐Ÿ‡ณ China
44 McDonald’s $203B Consumer Discretionary ๐Ÿ‡บ๐Ÿ‡ธ US
45 Cisco $203B Telephones ๐Ÿ‡บ๐Ÿ‡ธ US
46 Shell $201B Power ๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands
47 Danaher $199B Health care ๐Ÿ‡บ๐Ÿ‡ธ US
48 L’Oreal $197B Consumer Discretionary ๐Ÿ‡ซ๐Ÿ‡ท France
49 Toyota $197B Consumer Discretionary ๐Ÿ‡ฏ๐Ÿ‡ต Japan
50 Novartis $196B Health care ๐Ÿ‡จ๐Ÿ‡ญ Switzerland
51 Abbott Laboratories $109B Health care ๐Ÿ‡บ๐Ÿ‡ธ US
52 Accenture $184B Industrials ๐Ÿ‡ฎ๐Ÿ‡ช Ireland
53 T-Mobile $177B Telephones ๐Ÿ‡บ๐Ÿ‡ธ US
54 Nike $175B Consumer Discretionary ๐Ÿ‡บ๐Ÿ‡ธ US
55 Walt Disney $173B Consumer Discretionary ๐Ÿ‡บ๐Ÿ‡ธ US
56 Results Nextera Energy $172B Resources ๐Ÿ‡บ๐Ÿ‡ธ US
57 Hermรจs $169B Consumer Discretionary ๐Ÿ‡ซ๐Ÿ‡ท France
58 Bristol-Myers Squibb $168B Health care ๐Ÿ‡บ๐Ÿ‡ธ US
59 Linde $166B Basic Materials ๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
60 Wells Fargo $163B Finances ๐Ÿ‡บ๐Ÿ‡ธ US
61 Texas Instruments $161B Modern ๐Ÿ‡บ๐Ÿ‡ธ US
62 BHP Group $160B Basic Materials ๐Ÿ‡ฆ๐Ÿ‡บ Australia
63 Verizon $159B Telephones ๐Ÿ‡บ๐Ÿ‡ธ US
64 Philip Morris $159B Consumer Staples ๐Ÿ‡บ๐Ÿ‡ธ US
65 Comcast $158B Telephones ๐Ÿ‡บ๐Ÿ‡ธ US
66 UPS $158B Industrials ๐Ÿ‡บ๐Ÿ‡ธ US
67 Adobe $157B Modern ๐Ÿ‡บ๐Ÿ‡ธ US
68 Morgan Stanley $154B Finances ๐Ÿ‡บ๐Ÿ‡ธ US
69 China Construction Bank $152B Finances ๐Ÿ‡จ๐Ÿ‡ณ China
70 TotalEnergies $152B Power ๐Ÿ‡ซ๐Ÿ‡ท France
71 Charles Schwab $150B Finances ๐Ÿ‡บ๐Ÿ‡ธ US
72 Amgen $148B Health care ๐Ÿ‡บ๐Ÿ‡ธ US
73 Raytheon Technologies $146B Industrials ๐Ÿ‡บ๐Ÿ‡ธ US
74 Tata Consultancy $146B Modern ๐Ÿ‡ฎ๐Ÿ‡ณ India
75 CATL share price $145B Consumer Discretionary ๐Ÿ‡จ๐Ÿ‡ณ China
76 China Mobile $145B Telephones ๐Ÿ‡จ๐Ÿ‡ณ China
77 Honeywell well $144B Industrials ๐Ÿ‡บ๐Ÿ‡ธ US
78 Agricultural Bank of China $141B Finances ๐Ÿ‡จ๐Ÿ‡ณ China
79 Netflix $140B Consumer Discretionary ๐Ÿ‡บ๐Ÿ‡ธ US
80 Maituan $140B Modern ๐Ÿ‡จ๐Ÿ‡ณ China
81 ConocoPhillips $139B Power ๐Ÿ‡บ๐Ÿ‡ธ US
82 The cost of AT&T $138B Finances ๐Ÿ‡บ๐Ÿ‡ธ US
83 CVS Health $136B Health care ๐Ÿ‡บ๐Ÿ‡ธ US
84 Dior $136B Consumer Discretionary ๐Ÿ‡ซ๐Ÿ‡ท France
85 Qualcomm $136B Modern ๐Ÿ‡บ๐Ÿ‡ธ US
86 Prosus $135B Modern ๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands
87 Pictures of RBC $135B Finances ๐Ÿ‡จ๐Ÿ‡ฆ Canada
88 IBM $134B Modern ๐Ÿ‡บ๐Ÿ‡ธ US
89 Salesforce $133B Modern ๐Ÿ‡บ๐Ÿ‡ธ US
90 Union Pacific $133B Industrials ๐Ÿ‡บ๐Ÿ‡ธ US
91 Deere & Company $132B Industrials ๐Ÿ‡บ๐Ÿ‡ธ US
92 Unilever $130B Consumer Staples ๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
93 CM Bank $130B Finances ๐Ÿ‡จ๐Ÿ‡ณ China
94 HDFC Bank $129B Finances ๐Ÿ‡ฎ๐Ÿ‡ณ India
95 Elevance Health $128B Health care ๐Ÿ‡บ๐Ÿ‡ธ US
96 AIA $128B Finances ๐Ÿ‡ญ๐Ÿ‡ฐ Hong Kong
97 Lockheed Martin $127B Industrials ๐Ÿ‡บ๐Ÿ‡ธ US
98 PetroChina $127B Power ๐Ÿ‡จ๐Ÿ‡ณ China
99 SAP $127B Modern ๐Ÿ‡ฉ๐Ÿ‡ช Germany
100 Lowe is $124B Consumer Discretionary ๐Ÿ‡บ๐Ÿ‡ธ US
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*By Dec 12, 2022.

The major oil company Saudi Aramco is the third largest oil company in the world, to $1.8 trillion. It is the only non-US company in the top 10.

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In May, the state-run company briefly became the world’s most valuable company as rising energy prices boosted profits. Saudia Arabia is the world’s largest oil exporter, and the country’s economy is expected to grow by 7.6% in 2022โ€”one of the fastest growing economies in the world.

Overall, 62 of the 100 largest companies are in the US, 11 are in China, and five are in France.

Top 10 Winners in 2022

For many of the world’s largest companies, 2022 was a brutal year for success.

Chat showing the 10 Largest Companies in the World 2022 Performance

As the chart above shows, many of the world’s top performers have seen their market share decline. Half of these companies saw double-digit drops.

Tesla has witnessed almost 70% about its market value being erased this year. Two main factors have caused this fall: weak demand, especially in China, and CEO Elon Musk’s controversial and risky acquisition of Twitter.

On the other hand, UnitedHealth Group saw the strongest performance among the top 10.

The company, which gets most of its revenue from employer-sponsored insurance, said the financial crisis did not start in 2022.

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The World’s Largest Companies, by Sector

Despite the price drop in the market in 2022, the technology is still great.

Among the largest companies in the world, 20 are in technology, based on the combined market value $9.2 trillion. Apparently, this is about 31% of the market value of the top 100 companies.

Responsibility Section Total Market Value Number of Companies The Largest Company in the Sector
1 ๐Ÿ‘ฉโ€๐Ÿ’ป Technology $9.2T 20 apple
2 ๐Ÿš— Consumer Discretionary $4.7T 17 Amazon
3 ๐Ÿฉบ Health Care $4.3T 17 UnitedHealth Group
4 ๐Ÿ›ข๏ธ Power $3.4T 8 Saudi Aramco
5 ๐Ÿ’ต Finance $3.0T 14 Berkshire Hathaway
6 ๐Ÿญ Factories $1.8T 9 Visa
7 ๐Ÿฅซ Consumer needs $1.8T 7 Procter & Gamble
8 ๐Ÿ“ž Telephones $841B 5 Cisco
9 โ›๏ธ Basic Equipment $326B 2 Linde
10 ๐Ÿ”Œ Resources $127B 1 Results Nextera Energy

Companies are classified according to the FTSE Russell Industry Classification Benchmark. *By Dec 12, 2022.

The consumer watch and healthcare sectors fall in line, with major players such as Amazon and Johnson & Johnson among them.

At the other end of the spectrum are utilities, a very small segment related to the list of large companies. NextEra Energy, the only company that operates among the rankings is one of the world’s largest producers of electric and solar energy. Over the next three years, it plans to invest $95 billion in energy efficiency.

A Change in Opportunity

It is not surprising that many of the world’s largest companies are already established players in international markets.

However, in the ranking, some of those who have increased significantly compared to 2021 are UnitedHealth Group, which was established at # 19 in 2021 to # 8 this year and NVIDIA which has risen to become the 11th largest company in the world, from # 24 last year.

In contrast, some of the biggest losers are Meta (Facebook’s parent company) and Alibaba. Meta has dropped in the rankings to #26 in 2022 from #6 in 2021. Meanwhile, Alibaba was once ninth in the world but has dropped to #36. Both companies have seen significant profits being squeezed out of their market share – about 66% and 28%, respectively – amid lower earnings.

By the end of the year, it remains to be seen whether the world’s largest companies will bounce back in 2023, or face further challenges in the future.

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