- List of corporations by market capitalization
-
The following is a list of publicly traded companies having the greatest market capitalization, as well as government-owned corporations by estimated market value. Market capitalization is calculated from the share price (as recorded on selected day) multiplied by the number of shares issued. Figures are converted into USD millions (using rate from selected day) to allow for comparison.
It is important to note that there are many state-owned companies that are far larger in size than even the largest public corporation. For example Saudi Aramco value is estimated from $781 billion [1] to $7 trillion USD, more than a dozen times the size of any companies on this list.[2]
Contents
Publicly traded companies
2011
This Financial Times Global 500 based list is up to date as of September 30, 2011. Indicated changes in market value are relative to the previous quarter.
Rank First quarter[3] Second quarter[4] Third quarter[5] 1 
Exxon Mobil
417,166.7Exxon Mobil
400,884.5Apple Inc.
353,518.12 
PetroChina
326,199.2Apple Inc.
310,412.3Exxon Mobil
353,135.23 Apple Inc.
321,072.1PetroChina
303,649.9PetroChina
276,473.94 Industrial and Commercial Bank of China
251,078.1Industrial and Commercial Bank of China
246,850.5IBM
208,843.55 
Petrobras
247,417.6
BHP Billiton
233,626.5Microsoft
208,534.96
BHP Billiton
247,079.5Royal Dutch Shell
225,122.8Industrial and Commercial Bank of China
206,021.47 China Construction Bank
232,608.6Microsoft
219,251.9China Mobile
198,778.78 Royal Dutch Shell
226,128.7
Nestlé
215,017.5Royal Dutch Shell
197,061.19 Chevron Corporation
215,780.6Petrobras
210,111.4Nestlé
191,115.610 Microsoft
213,336.4IBM
207,781.4Chevron Corporation
185,456.12010
Rank First quarter[6] Second quarter[7] Third quarter[8] Fourth quarter[9] 1 PetroChina
329,259.7Exxon Mobil
291,789.1Exxon Mobil
314,622.5Exxon Mobil
368,711.52 Exxon Mobil
316,230.8PetroChina
268,504.8PetroChina
270,889.9PetroChina
303,273.63 Microsoft
256,864.7Apple Inc.
228,876.8Apple Inc.
259,223.4Apple Inc.
295,886.34 Industrial and Commercial Bank of China
246,419.8Industrial and Commercial Bank of China
211,258.7Petrobras
220,616.5
BHP Billiton
243,540.35 Apple Inc.
213,096.7Microsoft
201,655.8Industrial and Commercial Bank of China
213,364.1Microsoft
238,784.56
BHP Billiton
209,935.1
China Mobile
201,471.2Microsoft
210,676.4Industrial and Commercial Bank of China
233,369.17 Wal-mart
209,000.7Berkshire Hathaway
197,356.8China Mobile
205,339.6Petrobras
229,066.68 Berkshire Hathaway
200,620.5China Construction Bank
189,170.7Berkshire Hathaway
204,792.0China Construction Bank
222,245.19 General Electric
194,246.2Wal-mart
178,322.7China Construction Bank
202,998.4Royal Dutch Shell
208,593.710 China Mobile
192,998.6Procter & Gamble
172,736.5
BHP Billiton
196,866.0Nestlé
203,534.32009
Rank First quarter [10] Second quarter [11] Third quarter [12] Fourth quarter [13] 1 Exxon Mobil
336,525PetroChina
366,662.9Exxon Mobil
329,725PetroChina
353,140.12 PetroChina
287,185Exxon Mobil
341,140.3PetroChina
325,097.5Exxon Mobil
323,717.13 Wal-Mart
204,365Industrial and Commercial Bank of China
257,004.4Industrial and Commercial Bank of China
237,951.5Microsoft
270,635.44 Industrial and Commercial Bank of China
187,885Microsoft
211,546.2Microsoft
229,630.7Industrial and Commercial Bank of China
268,956.25 China Mobile
174,673China Mobile
200,832.4HSBC
198,561.1Wal-Mart
203,653.66 Microsoft
163,320Wal-Mart
188,752.0China Mobile
195,680.4China Construction Bank
201,436.17 AT&T
148,511China Construction Bank
182,186.7Wal-Mart
189,331.6
BHP Billiton
201,2488 Johnson & Johnson
145,481Petrobras
165,056.9Petrobras
189,027.7HSBC
199,254.99 Royal Dutch Shell
138,999Johnson & Johnson
156,515.9China Construction Bank
186,816.7Petrobras
199,107.910 Procter & Gamble
138,013Royal Dutch Shell
156,386.7Royal Dutch Shell
175,986.1Apple Inc.
189,801.72008
Fourth quarter
Rank Name Headquarters Primary industry Market value (USD million) 
1Exxon Mobil United States Oil and gas 406,0672Petrochina China Oil and gas 259,8363Wal-Mart United States Retail 219,8984China Mobile Hong Kong Telecommunications 201,2915Procter & Gamble United States Consumer goods 184,5766Industrial and Commercial Bank of China China Banking 173,9307Microsoft United States Software 172,9298AT&T United States Telecommunications 167,9509Johnson & Johnson United States Health care 166,00210General Electric United States Conglomerate 161,278Third quarter
Rank Name Headquarters Primary industry Market value (USD million) 1Exxon Mobil United States Oil and gas 403,3662Petrochina China Oil and gas 325,3203General Electric United States Conglomerate 253,6744Microsoft United States Software 243,6875Wal-Mart United States Retail 235,6056Procter & Gamble United States Consumer goods 211,4607Industrial and Commercial Bank of China China Banking 208,3978Berkshire Hathaway United States Nonlife Insurance 202,9019China Mobile Hong Kong Telecommunications 198,55810Johnson & Johnson United States Health care 193,602Second quarter
Rank Name Headquarters Primary industry Market value (USD million) 1Exxon Mobil United States Oil and gas 465,6522Petrochina China Oil and gas 380,2633Gazprom Russia Oil and gas 344,9234Petrobras Brazil Oil and gas 287,5865China Mobile Hong Kong Telecommunications 269,3956General Electric United States Conglomerate 266,0307Royal Dutch Shell United Kingdom Oil and gas 260,9798Microsoft United States Software 256,2099Industrial and Commercial Bank of China China Banking 238,37810BHP Billiton Australia/United Kingdom Mining 225,076First quarter
Rank Name Headquarters Primary industry Market value (USD million) 1Exxon Mobil United States Oil and gas 452,5052Petrochina China Oil and gas 423,9963General Electric United States Conglomerate 369,5694Gazprom Russia Oil and gas 299,7645China Mobile Hong Kong Telecommunications 298,0936Industrial and Commercial Bank of China China Banking 277,2367Microsoft United States Software industry 264,1328AT&T United States Telecommunications 231,1689Royal Dutch Shell United Kingdom Oil and gas 220,11010Procter & Gamble United States Consumer goods 215,6402007
Fourth quarter
This Financial Times based list is up to date as of December 31, 2007.[18]
Rank Name Headquarters Primary industry Market value (USD million) 1Petrochina China Oil and gas 723,9522Exxon Mobil United States Oil and gas 511,8873General Electric United States Conglomerate 374,6374China Mobile Hong Kong Telecommunications 354,1205Industrial and Commercial Bank of China China Banking 338,9896Microsoft United States Software industry 333,0547Gazprom Russia Oil and gas 329,5918Royal Dutch Shell United Kingdom Oil and gas 269,5449AT&T United States Telecommunications 252,05110Sinopec China Oil and gas 249,645Third quarter
This Financial Times based list is up to date as of September 28, 2007.[19]
Rank Name Headquarters Primary industry Market value (USD million) 1Exxon Mobil United States Oil and gas 513,3622General Electric United States Conglomerate 424,1913China Mobile Hong Kong Telecommunications 327,9374Industrial and Commercial Bank of China China Banking 279,2695Microsoft United States Software industry 276,2026Royal Dutch Shell United Kingdom Oil and gas 264,3977Gazprom Russia Oil and gas 260,2498AT&T United States Telecommunications 258,0479Citigroup United States Banking 232,16210Bank of America United States Banking 223,066Second quarter
This Financial Times based list is up to date as of June 29, 2007.[20]
Rank Name Headquarters Primary industry Market value (USD million) 1Exxon Mobil United States Oil and gas 472,5192General Electric United States Conglomerate 393,8313Microsoft United States Software industry 281,9344Royal Dutch Shell United Kingdom Oil and gas 266,1415AT&T United States Telecommunications 255,8716Citigroup United States Banking 253,7037Gazprom Russia Oil and gas 245,7578BP United Kingdom Oil and gas 231,4959Toyota Motor Corporation Japan Automotive 228,00910Bank of America United States Banking 216,963First quarter
This Financial Times based list is up to date as of 30 March 2007.[21]
Rank Name Headquarters Primary industry Market value (USD million) 1Exxon Mobil United States Oil and gas 429,5672General Electric United States Conglomerate 363,6113Microsoft United States Software industry 272,9124Citigroup United States Banking 252,8575AT&T United States Telecommunications 246,2066Gazprom Russia Oil and gas 245,9117Toyota Motor Corporation Japan Automotive 230,8328Bank of America United States Banking 228,1779Industrial and Commercial Bank of China China Banking 224,78810Royal Dutch Shell United Kingdom Oil and gas 214,0182006
Fourth quarter
This Financial Times based list is up to date as of December 2006.[22]
Rank Name Headquarters Primary industry Market value (USD million) 1Exxon Mobil United States Oil and gas 446,9432General Electric United States Conglomerate 383,5643Microsoft United States Software industry 293,5374Citigroup United States Banking 273,6915Gazprom Russia Oil and gas 271,4826Industrial and Commercial Bank of China China Banking 254,5927Toyota Motor Corporation Japan Automotive 241,1618Bank of America United States Banking 239,7589Royal Dutch Shell United Kingdom Oil and gas 225,78110BP United Kingdom Oil and gas 218,643Third quarter
This Financial Times based list is up to date as of 30 September 2006.[23]
Rank Name Headquarters Primary industry Market value (USD million) 1Exxon Mobil United States Oil and gas 398,9062General Electric United States Conglomerate 364,4143Microsoft United States Software industry 272,679.04Gazprom Russia Oil and gas 254,634.35Citigroup United States Banking 246,7276Bank of America United States Banking 242,4517Royal Dutch Shell United Kingdom Oil and gas 216,3688BP United Kingdom Oil and gas 215,6239HSBC United Kingdom Banking 209,77410Pfizer United States Health care 206,785Second quarter
This Financial Times based list is up to date as of 30 June 2006.[24]
Rank Name Headquarters Primary industry Market value (USD million) 1Exxon Mobil United States Oil and gas 371,1872General Electric United States Conglomerate 342,7313Gazprom Russia Oil and gas 246,3414Citigroup United States Banking 239,8625Microsoft United States Software industry 237,6886BP United Kingdom Oil and gas 233,1517Royal Dutch Shell United Kingdom Oil and gas 224,9258Bank of America United States Banking 219,5049HSBC United Kingdom Banking 201,85410Wal-Mart United States Retail 200,762First quarter
This Financial Times based list is up to date as of March 2006.[25]
Rank Name Headquarters Industry Market value (USD million) 1Exxon Mobil United States Oil and gas 371,6312General Electric United States Conglomerate 362,5273Microsoft United States Software industry 281,1714Citigroup United States Banking 238,9355BP United Kingdom Oil and gas 233,2606Bank of America United States Banking 211,7067Royal Dutch Shell United Kingdom Oil and gas 211,2808Wal-Mart United States Retail 196,8609Toyota Motor Corporation Japan Automotive 196,73110Gazprom Russia Oil and gas 196,3392005
This Financial Times based list is up to date as of 31 March 2005.[26]
Rank Name Headquarters Primary industry Market value (USD million) 1 General Electric United States Conglomerate 382,233 2 Exxon Mobil United States Oil and gas 380,567 3 Microsoft United States Software industry 262,975 4 Citigroup United States Banking 234,437 5 BP United Kingdom Oil and gas 221,365 6 Wal-Mart United States Retail 212,209 7 Royal Dutch Shell United Kingdom Oil and gas 210,630 8 Johnson & Johnson United States Health care 199,711 9 Pfizer United States Health care 195,945 10 Bank of America United States Banking 178,765 2004
This Financial Times based list is up to date as of 31 March 2004.[27]
Rank Name Headquarters Primary industry Market value (USD million) 1 General Electric United States Conglomerate 299,336 2 Microsoft United States Software industry 271,911 3 Exxon Mobil United States Oil and gas 263,940 4 Pfizer United States Health care 261,616 5 Citigroup United States Banking 259,191 6 Wal-Mart United States Retail 258,888 7 American International Group United States Insurance 183,696 8 Intel Corporation United States Computer hardware 179,996 9 BP United Kingdom Oil and gas 174,648 10 HSBC United Kingdom Banking 163,574 2003
This Financial Times based list is up to date as of 31 March 2003.[28]
Rank Name Headquarters Primary industry Market value (USD million) 1 Microsoft United States Software industry 264,003 2 General Electric United States Conglomerate 259,647 3 Exxon Mobil United States Oil and gas 241,037 4 Wal-Mart United States Retail 234,399 5 Pfizer United States Health care 195,948 6 Citigroup United States Banking 183,887 7 Johnson & Johnson United States Health care 170,417 8 Royal Dutch Shell United Kingdom Oil and gas 149,034 9 BP United Kingdom Oil and gas 144,381 10 IBM United States Computer software, Computer hardware 139,272 2002
This Financial Times based list is up to date as of 31 March 2002.[29]
Rank Name Headquarters Primary industry Market value (USD million) 1 General Electric United States Conglomerate 372,089 2 Microsoft United States Software industry 326,639 3 Exxon Mobil United States Oil and gas 299,820 4 Wal-Mart United States Retail 273,220 5 Citigroup United States Banking 255,299 6 Pfizer United States Health care 249,021 7 Intel Corporation United States Computer hardware 203,838 8 BP United Kingdom Oil and gas 200,794 9 Johnson & Johnson United States Health care 197,912 10 Royal Dutch Shell United Kingdom Oil and gas 189,913 2001
This Financial Times based list is up to date as of 31 March 2001.[30]
Rank Name Headquarters Primary industry Market value (USD million) 1 General Electric United States Conglomerate 477,406 2 Cisco Systems United States Networking hardware 304,699 3 Exxon Mobil United States Oil and gas 286,367 4 Pfizer United States Health care 263,996 5 Microsoft United States Software industry 258,436 6 Wal-Mart United States Retail 250,955 7 Citigroup United States Banking 250,143 8 Vodafone United Kingdom Telecommunications 227,175 9 Intel Corporation United States Computer hardware 227,048 10 Royal Dutch Shell United Kingdom Oil and gas 206,340 2000
This Financial Times based list is up to date as of 31 March 2000.[31]
Rank Name Headquarters Primary industry Market value (USD million) 1 Microsoft United States Software industry 586,197 2 General Electric United States Conglomerate 474,956 3 NTT DoCoMo Japan Telecommunications 366,204 4 Cisco Systems United States Networking hardware 348,965 5 Wal-Mart United States Retail 286,153 6 Intel Corporation United States Computer hardware 277,096 7 Nippon Telegraph and Telephone Japan Telecommunications 274,905 8 Exxon Mobil United States Oil and gas 265,894 9 Lucent Technologies United States Telecommunications 237,668 10 Deutsche Telekom Germany Telecommunications 209,628 1999
This Financial Times based list is up to date as of January 1999.[32]
Rank Name Headquarters Primary industry Market value (USD million) 1 Microsoft United States Software industry 271,854 2 General Electric United States Conglomerate 258,871 3 Exxon Mobil United States Oil and gas 172,213 4 Royal Dutch Shell United Kingdom Oil and gas 164,157 5 Merck United States Health care 154,753 6 Pfizer United States Health care 148,074 7 Intel Corporation United States Computer hardware 144,060 8 The Coca-Cola Company United States Beverage 142,164 9 Wal-Mart United States Retail 123,062 10 IBM United States Software industry, Computer hardware 121,184 1998
This Financial Times based list is up to date as of January 1998.[33]
Rank Name Headquarters Primary industry 1 General Electric United States Conglomerate 2 Royal Dutch Shell United Kingdom Oil and gas 3 Microsoft United States Software industry 4 Exxon Mobil United States Oil and gas 5 The Coca-Cola Company United States Beverage 6 Intel Corporation United States Computer hardware 7 Nippon Telegraph and Telephone Japan Telecommunications 8 Merck United States Health care 9 Toyota Motor Corporation Japan Automotive 10 Novartis Switzerland Health care State-owned companies
This Financial Times Non-Public 150 based list is up to date as of December, 2006. It estimates Saudi Aramco at 0.781 trillion US$. More recent estimates of 2010 put its value in the range 2.2 trillion USD [34] to 7 trillion USD.[35]
Rank 2006 [36] 1 
Saudi Aramco
781,0002 
Pemex
415,0003 
Petróleos de Venezuela
388,0004 
Kuwait Petroleum Corporation
378,0005 
Petronas
232,0006 
Sonatrach
224,0007 
National Iranian Oil Company
220,0008 
Japan Post (priv. 2007)
156,0009 
Pertamina
140,00010 
Nigerian National Petroleum Corporation
120,000See also
- List of companies by revenue
- List of companies by employees
- List of companies by profit and loss
References
- ^ FT Non-Public 150 - the full list
- ^ "Big Oil, bigger oil". Financial Times. February 4, 2010. http://www.ft.com/cms/s/c5b32636-116f-11df-9195-00144feab49a,_i_email=y,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F3%2Fc5b32636-116f-11df-9195-00144feab49a%2C_i_email%3Dy.html&_i_referer=http%3A%2F%2Ftexasenterprise.org%2Farticle%2Fwhats-value-saudi-aramco.
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times, January 22
- ^ Sheridan Titman, McCombs School of Business, March 1, 2010. More Thoughts on the Value of Saudi Aramco http://blogs.mccombs.utexas.edu/titman/2010/03/01/more-thoughts-on-the-value-of-saudi-aramco/
- ^ Financial Times, February 4, 2010. Big Oil, bigger oil: http://www.ft.com/cms/s/c5b32636-116f-11df-9195-00144feab49a,_i_email=y,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F3%2Fc5b32636-116f-11df-9195-00144feab49a%2C_i_email%3Dy.html&_i_referer=http%3A%2F%2Ftexasenterprise.org%2Farticle%2Fwhats-value-saudi-aramco
- ^ FT Non-Public 150 - the full list
Categories:- Business lists
- Lists of companies
- Monetary lists
- Financial markets
Wikimedia Foundation. 2010.
