The World’s Largest Companies by Revenue in 2024: A Comprehensive Overview

In 2024, the global business landscape is shaped by a handful of corporate giants generating unprecedented revenues. Collectively, the top 31 companies amassed a staggering $10.7 trillion in revenue, showcasing their dominance in sectors like energy, technology, healthcare, and retail. Let’s dive into the world’s largest companies by revenue and explore what sets them apart.

Top 31 Companies by Revenue in 2024

1. Walmart – $648B (Retail Leader)

Topping the list is Walmart, the retail behemoth whose extensive global network and commitment to affordability continue to drive its unmatched revenue figures.

2. Amazon – $575B (E-Commerce and Technology Giant)

Amazon’s diversified portfolio, spanning online retail, AWS cloud computing, and logistics, solidifies its position as an industry leader.

3. State Grid Corporation of China – $546B (Energy Distribution)

As the world's largest energy distributor, State Grid powers millions of homes and businesses across China, showcasing the country's industrial might.

4. Saudi Aramco – $495B (Energy Powerhouse)

Saudi Aramco remains the Middle East’s flagship energy giant, benefiting from sustained global demand for oil and gas.

5. Sinopec – $430B (Energy and Chemicals)

China's Sinopec continues to dominate the energy and petrochemical sectors, focusing on innovation and sustainability.

6. China National Petroleum Corporation (CNPC) – $422B (Energy Leader)

CNPC’s vast operations in oil and gas exploration ensure its consistent growth in Asia and beyond.

7. UnitedHealth Group – $372B (Healthcare Giant)

The healthcare sector is well-represented by UnitedHealth Group, whose innovative solutions and services cater to millions.

8. Berkshire Hathaway – $365B (Conglomerate)

Under Warren Buffett’s leadership, Berkshire Hathaway excels across industries, from insurance to utilities and manufacturing.

9. Volkswagen – $348B (Automotive Leader)

Europe’s largest automaker, Volkswagen, continues to lead with its broad lineup of vehicles, from affordable models to luxury brands.

10. CVS Health – $358B (Healthcare and Retail)

CVS Health combines pharmacy services with retail operations, making healthcare more accessible to millions in the U.S.

11. ExxonMobil – $345B (Energy)

ExxonMobil stands as a symbol of resilience and adaptability in the ever-changing energy sector.

12. Toyota – $312B (Automotive)

Japan’s Toyota remains a global automotive leader, known for its innovation and commitment to sustainability.

13. McKesson – $309B (Pharmaceutical Distribution)

McKesson’s role in delivering pharmaceutical products and medical supplies has become increasingly critical.

14. Alphabet (Google) – $307B (Technology Innovator)

Alphabet, the parent company of Google, dominates the digital advertising space and leads advancements in AI.

15. Costco – $242B (Retail and Wholesale)

Costco’s membership-driven business model continues to deliver exceptional value to customers worldwide.

16. JPMorgan Chase – $239B (Finance)

As one of the largest banks globally, JPMorgan Chase sets the benchmark for financial services and innovation.

17. Samsung – $262B (Technology and Electronics)

Samsung’s expansive product line, from smartphones to semiconductors, drives its impressive revenue.

18. TotalEnergies – $219B (Energy)

Based in Europe, TotalEnergies is a leader in oil, gas, and renewable energy, making strides toward sustainability.

19. Glencore – $218B (Commodities)

Glencore plays a vital role in the global supply chain, focusing on mining and commodities trading.

20. Microsoft – $212B (Technology)

Microsoft’s cloud computing and software solutions have revolutionized how businesses operate globally.

21. BP – $213B (Energy)

BP’s diversified energy portfolio, including renewables, positions it as a forward-thinking leader in the industry.

22. Chevron – $201B (Energy)

Chevron’s global presence in oil and gas exploration ensures its continued growth.

23. Cardinal Health – $205B (Healthcare Distribution)

Cardinal Health is essential in providing healthcare products and pharmaceuticals across North America.

24. Stellantis – $205B (Automotive)

Stellantis, home to brands like Jeep and Fiat, is reshaping the automotive industry with innovation and EV investments.

25. Trafigura – $244B (Commodities Trading)

Trafigura specializes in trading and logistics of energy products, cementing its place in the global supply chain.

26. ICBC – $223B (Finance)

Industrial and Commercial Bank of China (ICBC) leads Asia's banking sector with its vast financial services network.

27. China Construction Bank – $200B (Finance)

China Construction Bank is a key player in Asia’s banking industry, driving large-scale infrastructure development.

28. Cigna Group – $195B (Healthcare and Insurance)

Cigna provides innovative insurance and healthcare solutions to a global customer base.

29. China Mobile – $198B (Telecommunications)

China Mobile dominates the Asian telecommunications market with its vast network coverage.

30. Foxconn – $198B (Manufacturing)

Foxconn is the backbone of global electronics manufacturing, serving clients like Apple and Microsoft.

31. China State Construction Engineering – $179B (Construction)

This company spearheads major construction projects across China, contributing to urban development.

Global Highlights

Technology Giants: Companies like Alphabet, Microsoft, and Samsung demonstrate the growing influence of technology on global revenues.

Energy Dominance: Firms like Saudi Aramco, ExxonMobil, and Sinopec highlight the importance of energy in driving global commerce.

Retail Titans: Walmart and Amazon’s combined revenue exceeds $1 trillion, underscoring their dominance in consumer markets.

Healthcare Growth: UnitedHealth Group and CVS Health showcase the healthcare sector’s critical role in modern economies.

Key Takeaways for 2024

1. The top 31 companies generated $10.7 trillion, reflecting their massive influence on the global economy.

2. Sectors like technology, energy, retail, and healthcare remain the backbone of these corporations' success.

3. Regional diversity, with North America, Asia, Europe, and the Middle East all represented, demonstrates the interconnectedness of the global economy.

In 2024, the world's largest companies not only highlight industrial and technological advancements but also underline the dynamic nature of global commerce. Their innovation, resilience, and economic contributions make them indispensable in shaping the future.