Multinational companies play a crucial role in developing modern sectors and propelling economic progress in today’s globalized economy. These multinational conglomerates have grown to become the world’s most powerful corporations by establishing operations in a number of different regions.
Financial services, Technology, energy, communication services, and consumer cyclicals are just few of the industries in which the world’s largest publicly traded firms operate. To calculate a company’s market capitalization, or market cap, we multiply the current stock price per share by the total number of outstanding shares.
The 5 biggest multinational companies by market cap
In this article, we will look into the five biggest multinational companies by market cap, highlighting their achievements, impact, and influence, on the multinational stage.
1. Apple Inc.
Year Founded: 1976
Net income (TTM): 100.5 billion dollars
Revenue (TTM): 378.3 billion dollars
1-year trailing total return: 37 percent
Market cap: 2.65 trillion dollars
Apple Inc. is one of the world’s most valuable and prominent corporations, with a market cap that often tops $1 trillion.
Apple has changed the face of technology and consumer electronics with its revolutionary iPhone, Mac, iPad, wearable gadgets, home entertainment systems, and many more items. Its dedication to cutting-edge research, stylish aesthetics, and intuitive interfaces has helped catapult it to the forefront of the technology business.
Apple’s sustained dominance and market capitalization growth are ensured by the company’s varied portfolio, which includes services such as Apple Music, Apple Pay, the App Store, and the forthcoming AppleTV+, a streaming service for on-demand entertainment content.
2. Microsoft Corporation
Year Founded: 1975
Net income (TTM): 71.2 billion dollars
Revenue (TTM): 184.9 billion dollars
1-year trailing total return: 31.1 percent
Market cap: 2.10 trillion dollars
Bill Gates and Paul Allen’s Microsoft Corporation is yet another global technology powerhouse. The company creates and licenses technology all around the world.
Microsoft’s software innovations include the Windows operating system, the Office productivity suite, the Xbox game console, and the Azure cloud computing platform.
Successfully acquiring LinkedIn and GitHub has further strengthened the company’s standing as an industry leader in the digital sphere. The company’s dedication to R&D, AI, and business software has helped Microsoft’s stock price soar in recent years.
3. Amazon.com Inc.
Year Founded: 1994
Net income (TTM): 33.4 billion dollars
Revenue (TTM): 469.8 billion dollars
1-year trailing total return: -2.5 percent
Market cap: 1.42 trillion dollars
Amazon.com, Inc., a behemoth of the e-commerce sector, has also emerged as the leading provider of cloud computing services worldwide. Amazon.com, Inc., was founded by Jeff Bezos and operates as an online retailer selling both original and third-party products and content.
Prime, which provides fast shipping and access to a library of digital entertainment, is just one example of the company’s dedication to its customers, which has helped fuel its rapid expansion.
Amazon’s stock value increased as the company expanded into new businesses including cloud computing (with Amazon Web Services) and film production (with Amazon Studios). Its savvy purchases, such as Whole Foods Market, have helped it become an unstoppable commercial force around the world.
4. Alphabet Inc. (Google)
Year Founded: 1998
Net income (TTM): 76.0 billion dollars
Revenue (TTM): 257.6 billion dollars
1-year trailing total return: 33.1percent
Market cap: 1.54 trillion dollars
Google’s parent company, Alphabet, owns the world’s most popular search engine. Search, the Android mobile operating system, the Chrome web browser, Gmail email services, the Google Drive cloud storage platform, Google Maps, Google Photos, the Google Play app store, and YouTube are just some of the many technologies and digital services offered by the firm.
Google Cloud, the company’s cloud service, lets programmers build and release software while also providing a number of workspace collaboration capabilities.
The Google Pixel phone, Fitbit, and the Google Nest product line all contribute to the company’s bottom line. Emerging companies like Waymo, which specializes in autonomous vehicles, are part of Alphabet’s Other Bets division.
5. Facebook Inc.
Year Founded: 2004
Net income (TTM): 5.71 billion dollars
Revenue (TTM): 28.64 billion dollars
1-year trailing total return: -1.0 percent
Market cap: 732 billion dollars
Facebook, Inc., founded by Mark Zuckerberg, has rapidly risen to become the industry standard for online social networking and communication. Over 2.8 billion people around the world actively use Facebook every month.
Instagram, WhatsApp, and Oculus VR are also part of Facebook’s arsenal, expanding the company’s sphere of influence in the realms of visual content sharing, instant messaging, and virtual reality. Despite data privacy scandals, Facebook’s market cap has remained impressive, reflecting the social media platform‘s massive user base and the advertising opportunities it provides to companies around the world.
An increasingly digital future
In terms of market capitalization, the five companies highlighted in this article stand out as the most significant players in the technology and retail industries.
These businesses have proven over and again that they can stay ahead of the curve in terms of new product development, market trends, and shareholder returns.
These multinational companies are likely to keep dominating their respective markets, reshaping entire industries and guiding us into a fully digital future as technology advances.