World Companies by Market Cap 2023
This article will look at the world companies by market cap.
Companies are jostling for positions in the global market. One key metric for measuring a company's success is its market capitalization, which reflects the overall value of a company's outstanding shares. As of this year, a new set of companies have risen to the top while others have fallen behind.
Apple, with a market cap of over $2 trillion, is the most valuable company in the world, followed by the Saudi Arabian Oil Company (Aramco), with a market cap of over $1.9 trillion. Other companies listed among the top 7 include Microsoft, Alphabet (Google), Amazon, Berkshire Hathaway Inc, and Tesla.
Note that market capitalization is subject to change due to factors such as stock price, number of outstanding shares, and financial performance.
Worldwide Companies by Market Capitalization in 2023: Top 7
1. Apple (AAPL)
With a market cap of over $2 trillion, Apple is the most valuable company in the world. The tech giant, founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976, is best known for its iPhone, iPad, and Mac products.
- Apple market cap: $ 2.388 trillion
- Best World Companies Rank: #1
2. Saudi Arabian Oil Company (75S.F)
With a market capitalization of over $1.9 trillion, Saudi Aramco is the second most valuable company in the world. The state-owned oil company is the world's largest producer of crude oil and natural gas and is responsible for most of Saudi Arabia's oil production. The company operates in over 90 countries and has a strong presence in the global energy market.
- Saudi Aramco market cap: $1.909 trillion
- Best World Companies Rank: #2
3. Microsoft (MSFT)
Technology giant Microsoft is placed fourth on our list, with a market cap of over $1.8 trillion. Founded in 1975 by Bill Gates and Paul Allen, Microsoft is best known for its Windows operating system and Office software suite.
- Microsoft market cap: $ 1.969 trillion
- Best World Companies Rank: #3
4. Alphabet, Google (GOOG)
Holding a market cap of over $1.2 trillion, Alphabet, the parent company of Google, is the fifth most valuable company in the world. Google, the world's most popular search engine, was founded in 1998 by Larry Page and Sergey Brin while they were Ph.D. students at Stanford University.
- Alphabet market cap: $ 1.400 trillion
- Best World Companies Rank: #4
5. Amazon (AMZN)
With a market capitalization of over $1.0 trillion, Amazon tops the list as the most valuable company in the world. The e-commerce giant, founded by Jeff Bezos in 1994, has grown to become one of the most influential companies in the world, with operations in retail, cloud computing, and streaming media.
- Amazon market cap: $ 1.151 trillion
- Best World Companies Rank: #5
6. Berkshire Hathaway Inc (BRKA)
With a market capitalization of over $600 billion, Berkshire Hathaway is the seventh most valuable company in the world. The conglomerate, headed by legendary investor Warren Buffett, is involved in many businesses, including insurance, utilities, and retail. The company is known for its strong financial performance and long-term investment strategy.
- Berkshire Hathaway market cap: $ 687.413 billion
- Best World Companies Rank: #6
7. Tesla Inc (TSLA)
Among the top ten is Tesla, with over $500 billion in market capitalization. The electric vehicle and clean energy company, founded by Elon Musk in 2003, has grown to become one of the most valuable companies in the world. Tesla is known for its innovative electric cars, solar products, and energy storage solutions, as well as for its ambitious goals of sustainable transportation and energy production.
- Tesla market cap: $ 595.705 billion
- Best World Companies Rank: #7
Frequently Asked Questions: World Companies by Market Cap
How is market capitalization calculated?
Market capitalization is calculated by multiplying the number of outstanding shares of a company's stock by the current stock price.
Why is market capitalization important?
Market capitalization is important because it measures a company's size and value. It is often used to determine the relative size of different companies and to help identify potential investments.
Can a company's market capitalization change?
Yes, a company's market capitalization can change. It can be affected by various factors, including changes in the stock price, the number of outstanding shares, and the company's financial performance.
Are the companies listed above the only ones with high market capitalizations?
No, these are just the top five companies by market capitalization in 2023. Many other companies with high market capitalizations, including Berkshire Hathaway, Visa, and Procter & Gamble.
In conclusion, the companies listed above are the top companies in the world by market capitalization in 2023. These companies have become some of the most valuable and influential in the world thanks to their innovative products and services, strong financial performance, and talented leadership.
List of the Largest Companies in the World rank by Market Capitalization
|Rank||Company||Diff. next||Market Cap||Price||Country|
|#1||Apple Inc.Symbol: AAPL|
$418.178 billion more than Microsoft Corporation
more by 21.06%
|$ 2.403 trillion|
Two Trillion Four Hundred Three Billion Six Hundred Sixty Three Million Eighty Five Thousand Five Hundred Sixty Eight
|#2||Microsoft CorporationSymbol: MSFT|
$80.545 billion more than Saudi Arabian Oil Co.
more by 4.23%
|$ 1.985 trillion|
One Trillion Nine Hundred Eighty Five Billion Four Hundred Eighty Four Million Eight Hundred Sixteen Thousand Three Hundred Eighty Four
|#3||Saudi Arabian Oil Co.Symbol: 2222.SR|
$628.009 billion more than Alphabet Inc.
more by 49.18%
|$ 1.904 trillion|
One Trillion Nine Hundred Four Billion Nine Hundred Thirty Nine Million Three Hundred Ninety Six Thousand One Hundred Fifty Six
|#4||Alphabet Inc.Symbol: GOOG|
$251.687 billion more than Amazon.com, Inc.
more by 24.55%
|$ 1.276 trillion|
One Trillion Two Hundred Seventy Six Billion Nine Hundred Thirty Million Thirty One Thousand Six Hundred Sixteen
|#5||Amazon.com, Inc.Symbol: AMZN|
$343.508 billion more than Berkshire Hathaway Inc.
more by 50.39%
|$ 1.025 trillion|
One Trillion Twenty Five Billion Two Hundred Forty Two Million Four Hundred Thirty One Thousand Four Hundred Eighty Eight
|#6||Berkshire Hathaway Inc.Symbol: BRK-A|
$44.832 billion more than Tesla, Inc.
more by 7.04%
|$ 681.734 billion|
Six Hundred Eighty One Billion Seven Hundred Thirty Four Million One Hundred Eleven Thousand Two Hundred Thirty Two
|#7||Tesla, Inc.Symbol: TSLA|
$83.553 billion more than NVIDIA Corporation
more by 15.1%
|$ 636.901 billion|
Six Hundred Thirty Six Billion Nine Hundred One Million Six Hundred Fifty Four Thousand Five Hundred Twenty Eight
|#8||NVIDIA CorporationSymbol: NVDA|
$64.412 billion more than Taiwan Semiconductor Manufactur
more by 13.17%
|$ 553.348 billion|
Five Hundred Fifty Three Billion Three Hundred Forty Eight Million Six Hundred Twenty Eight Thousand Four Hundred Eighty
|#9||Taiwan Semiconductor ManufacturSymbol: TSM|
$5.104 billion more than Visa Inc.
more by 1.05%
|$ 488.936 billion|
Four Hundred Eighty Eight Billion Nine Hundred Thirty Six Million Forty Six Thousand Five Hundred Ninety Two
|#10||Visa Inc.Symbol: V|
$8.264 billion more than Meta Platforms, Inc.
more by 1.74%
|$ 483.832 billion|
Four Hundred Eighty Three Billion Eight Hundred Thirty Two Million Thirty Seven Thousand Three Hundred Seventy Six
|#11||Meta Platforms, Inc.Symbol: META|
$10.115 billion more than TENCENT
more by 2.17%
|$ 475.567 billion|
Four Hundred Seventy Five Billion Five Hundred Sixty Seven Million Nine Hundred Forty Seven Thousand Seven Hundred Seventy Six
$431.036 million more than Exxon Mobil Corporation
more by 0.09%
|$ 465.452 billion|
Four Hundred Sixty Five Billion Four Hundred Fifty Two Million Four Hundred Forty Thousand One Hundred Sixteen
|#13||Exxon Mobil CorporationSymbol: XOM|
$13.525 billion more than UnitedHealth Group Incorporated
more by 3%
|$ 465.021 billion|
Four Hundred Sixty Five Billion Twenty One Million Four Hundred Three Thousand One Hundred Thirty Six
|#14||UnitedHealth Group IncorporatedSymbol: UNH|
$18.528 billion more than LVMH
more by 4.28%
|$ 451.496 billion|
Four Hundred Fifty One Billion Four Hundred Ninety Six Million One Hundred Sixteen Thousand Two Hundred Twenty Four
$5.212 billion more than Johnson & Johnson
more by 1.22%
|$ 432.968 billion|
Four Hundred Thirty Two Billion Nine Hundred Sixty Eight Million Twenty One Thousand Six Hundred Ninety Two
|#16||Johnson & JohnsonSymbol: JNJ|
$9.206 billion more than JP Morgan Chase & Co.
more by 2.2%
|$ 427.755 billion|
Four Hundred Twenty Seven Billion Seven Hundred Fifty Five Million Forty Four Thousand Eight Hundred Sixty Four
|#17||JP Morgan Chase & Co.Symbol: JPM|
$40.403 billion more than Walmart Inc.
more by 10.68%
|$ 418.548 billion|
Four Hundred Eighteen Billion Five Hundred Forty Eight Million Five Hundred Forty Seven Thousand Five Hundred Eighty Four
|#18||Walmart Inc.Symbol: WMT|
$24.090 billion more than Mastercard Incorporated
more by 6.8%
|$ 378.145 billion|
Three Hundred Seventy Eight Billion One Hundred Forty Five Million Three Hundred Eight Thousand Six Hundred Seventy Two
|#19||Mastercard IncorporatedSymbol: MA|
$14.231 billion more than SAMS.EL.0,5SP.GDRS144A/95
more by 4.19%
|$ 354.054 billion|
Three Hundred Fifty Four Billion Fifty Four Million Six Hundred Two Thousand Seven Hundred Fifty Two
|#20||SAMS.EL.0,5SP.GDRS144A/95Symbol: SSU.F||$ 339.823 billion|
Three Hundred Thirty Nine Billion Eight Hundred Twenty Three Million Five Hundred Fifty Thousand Three Hundred Three
Showing rank from 1 to 20 of 39188 companies