Highest revenue companies 2023 | Statista (2024)

FAQs

Highest revenue companies 2023 | Statista? ›

Top companies in the world by revenue 2023

Walmart remains No. 1 for the 11th consecutive year, while Amazon reaches a new high and claims the No. 2 spot (up from No. 4 last year). Saudi Aramco falls to No. 4; however, with $121 billion in profits, it was the most profitable company on the list for the third year in a row.

Biggest companies in the world by market value 2023. With a market capitalization of 3.12 trillion U.S. dollars as of May 2024, Microsoft was the world's largest company that year. Rounding out the top five were some of the world's most recognizable brands: Apple, NVIDIA, Google's parent company Alphabet, and Amazon.

American retail corporation Walmart has been the world's largest company by revenue since 2014. The list is limited to the largest 50 companies, all of which have annual revenues exceeding US$130 billion. This list is incomplete, as not all companies disclose their information to the media or general public.

Walmart had about 2.1 million employees in 2023, the highest of all companies worldwide that year. Walmart also led ranking of companies by revenue in 2022, with a total revenue of about 640 billion U.S. dollars. Amazon followed in second with 1.5 million employees worldwide, with Hoi Han Precision Industry in third.

In 2023, the Saudi Arabian oil company Saudi Aramco posted the highest revenue of any company in the world before taxes, with an income of over 247 billion U.S. dollars. Apple, Berkshire Hathaway, Microsoft, and Alphabet rounded out the top five spots in the ranking of most profitable companies. What is net income?

The top 10 most valuable companies by market cap as of August 2024 are Apple, Microsoft, NVIDIA, Alphabet, Saudi Aramco, Amazon, Meta, Berkshire Hathaway, TSMC, and Eli Lilly.

Between 2019 and 2023, oil and gas explorers and producers logged the highest total revenue worldwide, reaching 5.3 trillion U.S. dollars.

1) Saudi Aramco – $247.43 Billion

In 2023, Saudi Aramco, the Saudi Arabian oil giant, raked in the highest net revenue globally, scoring profits of over 247 billion U.S. dollars. Led by its current CEO Amin H. Nasser, this company, which started in 1933, thrives in the oil and gas industry.

What industry is the most profitable? ›

The most profitable company in the U.S. is Apple, with $94.68 billion in profit earned during their 2022 fiscal year, which began on Sept. 26, 2021, and ended on Sept. 24, 2022.

Walmart is the largest American employer, with a workforce of nearly 2.2 million people. However, because of its international reach, only 1.3 million of those were employed in the United States. Each of America's 10 largest employers has a workforce of more than 300,000 people.

(Click here for the full list of the World's Most Admired Companies.) Apple remains the most admired company, with Microsoft, Amazon, Berkshire Hathaway, and JPMorgan Chase rounding out the top five.

No 1. Reliance Industries Limited (RIL) | Profit for FY 2024: ₹69,621 crore | Reliance Industries Limited (RIL), led by billionaire Mukesh Ambani, continues to hold the title of the most profitable company in India.