List of public corporations by market capitalization
The following is a list of publicly traded companies having the greatest market capitalization, sometimes described as their "market value":[1]
Market capitalization is calculated by multiplying the share price on a selected day and the number of outstanding shares on that day. The list is expressed in USD millions, using exchange rates from the selected day to convert other currencies.[2]
Trillion-dollar companies
[edit]The table below lists all companies which have, at any point, had a market capitalization in excess of $1 trillion, the date on which their market cap first exceeded $1 trillion and their record market cap.[3][4]
Company | Country | When first passed | Record value date | Record value (in billions USD) | Notes | |||
---|---|---|---|---|---|---|---|---|
$1 trillion | $2 trillion | $3 trillion | Nominal | Inflation- adjusted[5] | ||||
Apple | ![]() | 2 August 2018 | 19 August 2020 | 3 January 2022 | 10 July 2024 | 3,570 | 3,570 | [6][7][8][9] |
Microsoft | ![]() | 25 April 2019 | 22 June 2021 | 24 January 2024 | 5 July 2024 | 3,475 | 3,475 | [10][11][12][13] |
Nvidia | ![]() | 30 May 2023 | 23 February 2024 | 5 June 2024 | 20 June 2024 | 3,450 | 3,450 | [14][15][16][17] |
Saudi Aramco | ![]() | 11 December 2019 | 12 December 2019 | — | 10 May 2022 | 2,463 | 2,564 | [18][19][20] |
Alphabet | ![]() | 16 January 2020 | 8 November 2021 | — | 26 April 2024 | 2,150 | 2,150 | [21][22][23] |
Amazon | ![]() | 4 September 2018 | 26 June 2024 | — | 26 June 2024 | 2,000 | 2,000 | [24][25][26] |
Meta | ![]() | 28 June 2021 | — | — | 2 February 2024 | 1,220 | 1,220 | [note 1][27][28] |
Tesla | ![]() | 25 October 2021 | — | — | 1 November 2021 | 1,210 | 1,361 | [29][30] |
Publicly traded companies
[edit]All market capitalization figures are in USD millions. Only companies with free float of at least 15% are included; the value of unlisted stock classes is excluded. Investment companies are not included in the list.[2]
2024
[edit]This list is up to date as of 30 June 2024[update]. Indicated changes in market value are relative to the previous quarter.
Rank | First quarter | Second quarter | Third quarter | Fourth quarter | ||||
---|---|---|---|---|---|---|---|---|
1 | ![]() | Microsoft![]() | ![]() | Microsoft![]() | ||||
2 | ![]() | Apple![]() | ![]() | Apple![]() | ||||
3 | ![]() | Nvidia![]() | ![]() | Nvidia![]() | ||||
4 | ![]() | Alphabet![]() | ![]() | Alphabet![]() | ||||
5 | ![]() | Amazon![]() | ![]() | Amazon![]() | ||||
6 | ![]() | Meta![]() | ![]() | Meta![]() | ||||
7 | ![]() | Berkshire Hathaway![]() | ![]() | TSMC![]() | ||||
8 | ![]() | Eli Lilly![]() | ![]() | Berkshire Hathaway![]() | ||||
9 | ![]() | TSMC![]() | ![]() | Eli Lilly![]() | ||||
10 | ![]() | Broadcom ![]() | ![]() | Broadcom ![]() |
2023
[edit]This list is up to date as of 31 December 2023. Indicated changes in market value are relative to the previous quarter.
Rank | First quarter | Second quarter | Third quarter | Fourth quarter | ||||
---|---|---|---|---|---|---|---|---|
1 | ![]() | Apple![]() | ![]() | Apple![]() | ![]() | Apple![]() | ![]() | Apple![]() |
2 | ![]() | Microsoft![]() | ![]() | Microsoft![]() | ![]() | Microsoft![]() | ![]() | Microsoft![]() |
3 | ![]() | Alphabet![]() | ![]() | Alphabet![]() | ![]() | Alphabet![]() | ![]() | Alphabet![]() |
4 | ![]() | Amazon![]() | ![]() | Amazon![]() | ![]() | Amazon![]() | ![]() | Amazon![]() |
5 | ![]() | Nvidia![]() | ![]() | Nvidia![]() | ![]() | Nvidia![]() | ![]() | Nvidia![]() |
6 | ![]() | Berkshire Hathaway![]() | ![]() | Tesla![]() | ![]() | Tesla![]() | ![]() | Meta![]() |
7 | ![]() | Tesla![]() | ![]() | Berkshire Hathaway![]() | ![]() | Meta![]() | ![]() | Tesla![]() |
8 | ![]() | Meta![]() | ![]() | Meta![]() | ![]() | Berkshire Hathaway![]() | ![]() | Berkshire Hathaway![]() |
9 | ![]() | TSMC![]() | ![]() | TSMC![]() | ![]() | Eli Lilly![]() | ![]() | Eli Lilly![]() |
10 | ![]() | Visa ![]() | ![]() | Visa ![]() | ![]() | Visa ![]() | ![]() | TSMC ![]() |
2022
[edit]This list is as of 31 December 2022. Indicated changes in market value are relative to the previous quarter.
Rank | First quarter | Second quarter | Third quarter | Fourth quarter | ||||
---|---|---|---|---|---|---|---|---|
1 | ![]() | Apple![]() | ![]() | Apple![]() | ![]() | Apple![]() | ![]() | Apple
|
2 | ![]() | Microsoft![]() | ![]() | Microsoft![]() | ![]() | Microsoft![]() | ![]() | Microsoft
|
3 | ![]() | Alphabet![]() | ![]() | Alphabet![]() | ![]() | Alphabet![]() | ![]() | Alphabet
|
4 | ![]() | Amazon![]() | ![]() | Amazon![]() | ![]() | Amazon![]() | ![]() | Amazon
|
5 | ![]() | Tesla![]() | ![]() | Tesla![]() | ![]() | Tesla![]() | ![]() | Berkshire Hathaway
|
6 | ![]() | Berkshire Hathaway![]() | ![]() | Berkshire Hathaway![]() | ![]() | Berkshire Hathaway![]() | ![]() | UnitedHealth
|
7 | ![]() | Nvidia![]() | ![]() | UnitedHealth![]() | ![]() | UnitedHealth![]() | ![]() | Johnson & Johnson
|
8 | ![]() | Meta![]() | ![]() | Johnson & Johnson![]() | ![]() | Johnson & Johnson![]() | ![]() | ExxonMobil
|
9 | ![]() | TSMC![]() | ![]() | Tencent![]() | ![]() | Visa ![]() | ![]() | Visa
|
10 | ![]() | UnitedHealth![]() | ![]() | Meta![]() | ![]() | Meta![]() | ![]() | Tencent
|
2021
[edit]This list is up to date as of December 31, 2021[update]. Indicated changes in market value are relative to the previous quarter.
Rank | First quarter | Second quarter | Third quarter | Fourth quarter | ||||
---|---|---|---|---|---|---|---|---|
1 | ![]() | Apple ![]() | ![]() | Apple![]() | ![]() | Apple![]() | ![]() | Apple![]() |
2 | ![]() | Microsoft ![]() | ![]() | Microsoft![]() | ![]() | Microsoft![]() | ![]() | Microsoft![]() |
3 | ![]() | Amazon ![]() | ![]() | Amazon![]() | ![]() | Alphabet![]() | ![]() | Alphabet![]() |
4 | ![]() | Alphabet ![]() | ![]() | Alphabet![]() | ![]() | Amazon![]() | ![]() | Amazon![]() |
5 | ![]() | Meta ![]() | ![]() | Meta![]() | ![]() | Meta![]() | ![]() | Tesla![]() |
6 | ![]() | Tencent ![]() | ![]() | Tencent![]() | ![]() | Tesla![]() | ![]() | Meta![]() |
7 | ![]() | Tesla ![]() | ![]() | Tesla![]() | ![]() | Berkshire Hathaway![]() | ![]() | Nvidia ![]() |
8 | ![]() | Alibaba Group ![]() | ![]() | Berkshire Hathaway![]() | ![]() | TSMC![]() | ![]() | Berkshire Hathaway![]() |
9 | ![]() | TSMC ![]() | ![]() | TSMC![]() | ![]() | Tencent![]() | ![]() | TSMC![]() |
10 | ![]() | Berkshire Hathaway ![]() | ![]() | Alibaba Group![]() | ![]() | Nvidia ![]() | ![]() | Tencent![]() |
2020
[edit]This Financial Times–based list is up to data as of December 31, 2020[update]. Indicated changes in market value are relative to the previous quarter.
Rank | First quarter | Second quarter | Third quarter | Fourth quarter | ||||
---|---|---|---|---|---|---|---|---|
1 | ![]() | Microsoft ![]() | ![]() | Apple ![]() | ![]() | Apple ![]() | ![]() | Apple ![]() |
2 | ![]() | Apple ![]() | ![]() | Microsoft ![]() | ![]() | Microsoft ![]() | ![]() | Microsoft ![]() |
3 | ![]() | Amazon ![]() | ![]() | Amazon ![]() | ![]() | Amazon ![]() | ![]() | Amazon ![]() |
4 | ![]() | Alphabet ![]() | ![]() | Alphabet ![]() | ![]() | Alphabet ![]() | ![]() | Alphabet ![]() |
5 | ![]() | Alibaba Group ![]() | ![]() | Facebook ![]() | ![]() | Alibaba Group ![]() | ![]() | Facebook ![]() |
6 | ![]() | Facebook ![]() | ![]() | Tencent ![]() | ![]() | Facebook ![]() | ![]() | Tencent ![]() |
7 | ![]() | Tencent ![]() | ![]() | Alibaba Group ![]() | ![]() | Tencent ![]() | ![]() | Tesla ![]() |
8 | ![]() | Berkshire Hathaway ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Alibaba Group ![]() |
9 | ![]() | Visa ![]() | ![]() | Visa ![]() | ![]() | Visa ![]() | ![]() | TSMC ![]() |
10 | ![]() | Johnson & Johnson ![]() | ![]() | Johnson & Johnson ![]() | ![]() | TSMC ![]() | ![]() | Berkshire Hathaway ![]() |
2019
[edit]This Financial Times–based list is up to date as of December 31, 2019[update]. Indicated changes in market value are relative to the previous quarter.
Rank | First quarter | Second quarter | Third quarter | Fourth quarter | ||||
---|---|---|---|---|---|---|---|---|
1 | ![]() | Microsoft ![]() | ![]() | Microsoft ![]() | ![]() | Microsoft ![]() | ![]() | Apple ![]() |
2 | ![]() | Apple ![]() | ![]() | Amazon ![]() | ![]() | Apple ![]() | ![]() | Microsoft ![]() |
3 | ![]() | Amazon ![]() | ![]() | Apple ![]() | ![]() | Amazon ![]() | ![]() | Alphabet ![]() |
4 | ![]() | Alphabet ![]() | ![]() | Alphabet ![]() | ![]() | Alphabet ![]() | ![]() | Amazon ![]() |
5 | ![]() | Berkshire Hathaway ![]() | ![]() | Facebook ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Facebook ![]() |
6 | ![]() | Facebook ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Facebook ![]() | ![]() | Alibaba Group ![]() |
7 | ![]() | Alibaba Group ![]() | ![]() | Alibaba Group ![]() | ![]() | Alibaba Group ![]() | ![]() | Berkshire Hathaway ![]() |
8 | ![]() | Tencent ![]() | ![]() | Tencent ![]() | ![]() | Tencent ![]() | ![]() | Tencent ![]() |
9 | ![]() | Johnson & Johnson ![]() | ![]() | Visa ![]() | ![]() | Visa ![]() | ![]() | JPMorgan Chase ![]() |
10 | ![]() | Visa ![]() | ![]() | Johnson & Johnson ![]() | ![]() | JPMorgan Chase ![]() | ![]() | Visa ![]() |
2018
[edit]This Financial Times–based list is up to date as of December 31, 2018[update]. Indicated changes in market value are relative to the previous quarter.
Rank | First quarter | Second quarter | Third quarter | Fourth quarter | ||||
---|---|---|---|---|---|---|---|---|
1 | ![]() | Apple ![]() | ![]() | Apple ![]() | ![]() | Apple ![]() | ![]() | Microsoft ![]() |
2 | ![]() | Alphabet ![]() | ![]() | Amazon ![]() | ![]() | Amazon ![]() | ![]() | Apple ![]() |
3 | ![]() | Microsoft ![]() | ![]() | Alphabet ![]() | ![]() | Microsoft ![]() | ![]() | Amazon ![]() |
4 | ![]() | Amazon ![]() | ![]() | Microsoft ![]() | ![]() | Alphabet ![]() | ![]() | Alphabet ![]() |
5 | ![]() | Tencent ![]() | ![]() | Facebook ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Berkshire Hathaway ![]() |
6 | ![]() | Berkshire Hathaway ![]() | ![]() | Tencent ![]() | ![]() | Facebook ![]() | ![]() | Facebook ![]() |
7 | ![]() | Alibaba Group ![]() | ![]() | Alibaba Group ![]() | ![]() | Alibaba Group ![]() | ![]() | Tencent ![]() |
8 | ![]() | Facebook ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Tencent ![]() | ![]() | Alibaba Group ![]() |
9 | ![]() | JPMorgan Chase ![]() | ![]() | JPMorgan Chase ![]() | ![]() | JPMorgan Chase ![]() | ![]() | Johnson & Johnson ![]() |
10 | ![]() | Johnson & Johnson ![]() | ![]() | ExxonMobil![]() | ![]() | Johnson & Johnson ![]() | ![]() | JPMorgan Chase ![]() |
2017
[edit]This Financial Times–based list is up to date as of December 31, 2017[update]. Indicated changes in market value are relative to the previous quarter.
Rank | First quarter[54][note 2] | Second quarter[55][note 2] | Third quarter[56][note 2] | Fourth quarter | ||||
---|---|---|---|---|---|---|---|---|
1 | ![]() | Apple ![]() | ![]() | Apple ![]() | ![]() | Apple ![]() | ![]() | Apple ![]() |
2 | ![]() | Alphabet ![]() | ![]() | Alphabet ![]() | ![]() | Alphabet ![]() | ![]() | Alphabet ![]() |
3 | ![]() | Microsoft ![]() | ![]() | Microsoft ![]() | ![]() | Microsoft ![]() | ![]() | Microsoft ![]() |
4 | ![]() | Amazon ![]() | ![]() | Amazon ![]() | ![]() | Amazon ![]() | ![]() | Amazon ![]() |
5 | ![]() | Berkshire Hathaway ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Facebook ![]() |
6 | ![]() | ExxonMobil![]() | ![]() | Johnson & Johnson ![]() | ![]() | Alibaba Group ![]() | ![]() | Tencent ![]() |
7 | ![]() | Johnson & Johnson ![]() | ![]() | Facebook ![]() | ![]() | Tencent ![]() | ![]() | Berkshire Hathaway ![]() |
8 | ![]() | Facebook ![]() | ![]() | Alibaba Group ![]() | ![]() | Facebook ![]() | ![]() | Alibaba Group ![]() |
9 | ![]() | JPMorgan Chase ![]() | ![]() | Tencent ![]() | ![]() | ExxonMobil![]() | ![]() | Johnson & Johnson ![]() |
10 | ![]() | Wells Fargo![]() | ![]() | ExxonMobil![]() | ![]() | Johnson & Johnson ![]() | ![]() | JPMorgan Chase ![]() |
2016
[edit]This Financial Times–based list is up to date as of December 31, 2016[update]. Indicated changes in market value are relative to the previous quarter.
Rank | First quarter[58][note 2] | Second quarter[59][note 2] | Third quarter[60][note 2] | Fourth quarter[61][note 2] | ||||
---|---|---|---|---|---|---|---|---|
1 | ![]() | Apple ![]() | ![]() | Apple ![]() | ![]() | Apple ![]() | ![]() | Apple ![]() |
2 | ![]() | Alphabet ![]() | ![]() | Alphabet![]() | ![]() | Alphabet![]() | ![]() | Alphabet![]() |
3 | ![]() | Microsoft ![]() | ![]() | Microsoft ![]() | ![]() | Microsoft ![]() | ![]() | Microsoft ![]() |
4 | ![]() | ExxonMobil![]() | ![]() | ExxonMobil![]() | ![]() | Amazon ![]() | ![]() | Berkshire Hathaway ![]() |
5 | ![]() | Berkshire Hathaway ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | ExxonMobil![]() | ![]() | ExxonMobil ![]() |
6 | ![]() | Johnson & Johnson ![]() | ![]() | Amazon ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Amazon ![]() |
7 | ![]() | General Electric![]() | ![]() | Johnson & Johnson ![]() | ![]() | Johnson & Johnson ![]() | ![]() | Johnson & Johnson ![]() |
8 | ![]() | Amazon ![]() | ![]() | General Electric![]() | ![]() | Facebook ![]() | ![]() | JPMorgan Chase ![]() |
9 | ![]() | Facebook ![]() | ![]() | Facebook![]() | ![]() | Tencent![]() | ![]() | General Electric ![]() |
10 | ![]() | Wells Fargo![]() | ![]() | AT&T![]() | ![]() | General Electric![]() | ![]() | Wells Fargo ![]() |
2015
[edit]This Financial Times–based list is up to date as of December 31, 2015[update]. Indicated changes in market value are relative to the previous quarter.
Rank | First quarter[62] | Second quarter[63] | Third quarter[64][note 2] | Fourth quarter[65][note 2] | ||||
---|---|---|---|---|---|---|---|---|
1 | ![]() | Apple ![]() | ![]() | Apple ![]() | ![]() | Apple ![]() | ![]() | Apple ![]() |
2 | ![]() | ExxonMobil ![]() | ![]() | Microsoft![]() | ![]() | Google![]() | ![]() | Alphabet ![]() |
3 | ![]() | Berkshire Hathaway ![]() | ![]() | ExxonMobil ![]() | ![]() | Microsoft![]() | ![]() | Microsoft![]() |
4 | ![]() | Google ![]() | ![]() | Google![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Berkshire Hathaway ![]() |
5 | ![]() | Microsoft![]() | ![]() | Berkshire Hathaway ![]() | ![]() | ExxonMobil ![]() | ![]() | ExxonMobil ![]() |
6 | ![]() | Petro China ![]() | ![]() | Petro China ![]() | ![]() | Johnson & Johnson ![]() | ![]() | Amazon![]() |
7 | ![]() | Wells Fargo ![]() | ![]() | ICBC ![]() | ![]() | General Electric![]() | ![]() | General Electric![]() |
8 | ![]() | Johnson & Johnson ![]() | ![]() | Wells Fargo ![]() | ![]() | China Mobile ![]() | ![]() | Johnson & Johnson ![]() |
9 | ![]() | ICBC ![]() | ![]() | Johnson & Johnson ![]() | ![]() | Novartis ![]() | ![]() | Wells Fargo ![]() |
10 | ![]() | Novartis ![]() | ![]() | General Electric ![]() | ![]() | Nestlé ![]() | ![]() | JPMorgan Chase ![]() |
2014
[edit]This Financial Times–based list is up to date as of December 31, 2014[update]. Indicated changes in market value are relative to the previous quarter.
Rank | First quarter[67] | Second quarter[68] | Third quarter[69] | Fourth quarter[70] | ||||
---|---|---|---|---|---|---|---|---|
1 | ![]() | Apple ![]() | ![]() | Apple ![]() | ![]() | Apple ![]() | ![]() | Apple ![]() |
2 | ![]() | ExxonMobil ![]() | ![]() | ExxonMobil ![]() | ![]() | ExxonMobil ![]() | ![]() | ExxonMobil ![]() |
3 | ![]() | Microsoft![]() | ![]() | Google ![]() | ![]() | Microsoft![]() | ![]() | Microsoft![]() |
4 | ![]() | Google ![]() | ![]() | Microsoft![]() | ![]() | Google ![]() | ![]() | Berkshire Hathaway ![]() |
5 | ![]() | Berkshire Hathaway ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Berkshire Hathaway ![]() | ![]() | Google ![]() |
6 | ![]() | Johnson & Johnson ![]() | ![]() | Johnson & Johnson ![]() | ![]() | Johnson & Johnson ![]() | ![]() | PetroChina ![]() |
7 | ![]() | Wells Fargo ![]() | ![]() | Wells Fargo ![]() | ![]() | Wells Fargo ![]() |