It is important to note that there are other measures that may be used to determine a company’s value. Market capitalization is just one of them. Simply expressed, a firm’s market cap represents the total value of its existing shares, or the price that someone would pay to buy the company altogether at the current stock price.
The worth of publicly traded companies is represented by its market Cap. It can be computed quickly simply by multiplying the share price by the number of outstanding shares.
5 leading companies in the world by market cap
In this article we will take a look at some of the leading companies by market cap.
Name: Apple (AAPL)
Market Cap: $2.600 T
Stock price: $151.73
Revenue (TTM): $378.3 billion
Net income (TTM): $100.5 billion
1-year trailing: 37%
Year Founded: 1976
Apple Inc. is a global technology corporation in California, founded 1976. It has been the greatest corporation in the world since June 2022, the fourth-largest vendor of personal computers by unit sales, and the second-largest producer of mobile phones. Apple is the largest technological company by revenue totaling US$378.3 billion. Along with Microsoft, Alphabet (Google), Amazon, Meta (Facebook), it is one of the Big Five American technological corporations in the Silicon Valley.
2. Saudi Aramco
Name: Saudi Aramco (2222.SR)
Market Cap: $2.40 T
Stock price: $8.52
Revenue (TTM): $346.5 billion
Net income (TTM): $88.1 billion
1-year trailing: 25%
Year Founded: 1933
Country: Saudi Arabia
Saudi Aramco, also known as the Saudi Arabian Oil Business, is a publicly traded Saudi Arabian oil and gas company with its headquarters in Dhahran. It ranks among the top firms in the world in terms of revenue. Saudi Aramco has the second-largest crude oil production daily among all oil-producing enterprises, since 1965, no other firm has contributed more to the world’s carbon emissions than it.
Name: Microsoft (MSFT)
Market Cap: $2.10 T
Stock price: $256.77
Revenue (TTM): $184.9 billion
Net income (TTM): $71.2 billion
1-year trailing: 31.1%
Year Founded: 1975
Microsoft Corporation is the world’s largest software producer by revenue as of 2019 a multinational technology company situated in Redmond, Washington known for its computer software, consumer electronics, personal computers, and related services. Microsoft’s most well-known software products include the Windows family of operating systems, the Microsoft Office package, and the Internet Explorer and Edge web browsers. Xbox gaming consoles and the Surface series of touchscreen personal PCs are the company’s two main hardware offerings.
4. Alphabet (Google)
Name: Alphabet (GOOG)
Market Cap: $1.322 T
Stock price: $103.47
Revenue (TTM): $257.6 billion
Net income (TTM): $76.0 billion
1-year trailing: 33.1%
Year Founded: 1998
Alphabet Inc. is a global technological conglomerate holding corporation, with its main office in Mountain View, California. By 2015, Google went through a restructuring that resulted in its creation. As a result, it is now the parent company of Google and other previous Google subsidiaries. Alphabet is one of the most valuable firms in the world and the third-largest technology company in terms of sales. Along with Amazon, Apple, Microsoft, it is one of the Big Five American technological firms.
Name: Amazon (AMZN)
Market Cap: $1.42 T
Stock price: $102.18
Revenue (TTM): $469.8 billion
Net income (TTM): $33.4 billion
1-year trailing: -2.5%
Year Founded: 1994
Amazon.com, Inc. is a big technology company in digital streaming, cloud computing, online advertising, and artificial intelligence, in the United States. One of the most valuable brands in the world, it has been called one of the most significant economic and cultural forces in the globe. It is one of the Big Five American technological firms, along with Microsoft, Apple, and Alphabet (Google).
On July 5, 1994, Jeff Bezos launched Amazon, it started out as an online book store but has since evolved into many different product categories, earning the nickname The Everything Store.
The largest company in the world may change
The largest company in the world may change from day to day or minute to minute, depending on its metrics. Tesla, which had been rated fifth in the world by market cap at the beginning of 2022, after its CEO Elon Musk acquired Twitter, concluded the year in tenth place.
While it is relatively simple to distinguish between a large and small corporation using economic, technical, and organizational factors, it is more difficult to determine which of the global company is the largest. Is it Apple with its enormous market capitalization, Walmart with more than 10,000 locations across 24 countries, or Berkshire Hathaway with a successful track record spanning more than 60 years and assets worth approximately $1 trillion?
Read also: The 10 most successful startups ever