Microsoft Square in downtown Los Angeles

The World’s Largest Companies

Microsoft is the world largest company in terms of market cap, according to a new study.

CEOWORLD Magazine recently ranked the world’s largest companies by market cap, which refers to the total dollar market value of a company’s outstanding shares of stock. Among the largest companies were Microsoft ($3 trillion market cap), Apple ($2.87 trillion market cap), Saudi Arabian Oil Company ($2 trillion market cap), Amazon ($1.87 trillion market cap), and Alphabet Inc. ($1.77 trillion market cap).

U.S. COMPANIES DOMINATE TOP 20

Among the top 20 companies by market cap, U.S. companies reigned supreme. Only four non-U.S. companies made the top 20, including Saudi Arabian Oil Company, Taiwan Semiconductor Manufacturing Company Limited, Novo Nordisk A/S, and LVMH.

Several U.S. companies from last year’s list still maintained top rankings in this year’s list. Apple, which ranked number one last year, fell to number two this year. Microsoft, which ranked number two last year, secured the top spot this year.

A number of companies made this year’s top 25 that weren’t on last year’s ranking. Home Depot, Adobe, Chevron, and Salesforce all secured spots in this year’s top 25.

Overall, the ranking includes companies from 12 different countries, including the United States, Saudi Arabia, Taiwan, Denmark, and France. The total revenue for the entire CEOWOLRD 50 Global stands at $29.63 trillion – the equivalent of 6.7 times Germany’s GDP.

Sources: CEOWORLD Magazine, Investopedia

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