The most prominent companies in the world, measured by revenue, market capitalization, number of employees, etc., are spread throughout younger, faster-growing industries, such as e-commerce and digital devices, as well as older, slower-growing ones, like oil and retail. Whatever the circumstances, each firm is a leader in its industry. Although the COVID-19 outbreak has caused these firms’ industries to change, some are still successful because of their unique benefits while millions of customers seek safety.
You will learn about the top 10 companies in the world, as included on the Fortune 500 list. The leading ten companies in the world are profiled in this list so that you may learn more about them. So let’s get going.
Walmart
Retail and wholesale businesses are both parts of Walmart, Inc. The company, with a market value of $396.84 billion, offers a variety of products and services daily at competitive costs. Walmart operates the following business divisions: Walmart International, which manages supermarkets, hypermarkets, warehouse clubs, and more; Walmart U.S., which serves as a merchandiser of consumer goods, Walmart Neighborhood Market brands, and more; and The Sam’s Club, which consists of membership-only warehouse clubs as well as samsclub.com.
Currently, Doug McMillon is the CEO of the company. Talking about the company’s fundamentals, Walmart has a brand value of $93.19 Billion with a market capitalization of $396.84 B. Moreover, with more than 2,200,000 employees employed in the company, its sales value has gone up to $524 Billion.
Amazon
The biggest e-procurement company today is Amazon. Its primary clients are buyers, sellers, companies, and content producers, and its headquarters are in Seattle, Washington. Amazon is worth $1.67 trillion on the market, and its brand is $296.3 billion. Additionally, it leads the world in e-procurement thanks to its 798,000 employees, spread across more than 30 nations.
The company, which distributes over 3 billion products over 11 marketplaces, has made a name for itself as the benchmark for online shopping. Currently, its CEO is Jeffrey P. Bezos.
Regarding the company’s fundamentals, Amazon holds a brand value of $254.188 Billion with a market capitalization of $1.67 trillion. Furthermore, with a strength of more than 798,000 employees, its sales value is nearly $296.3 billion.
Apple
Apple is the pioneer and founding company of all businesses. The company, which has a market valuation of $2.17 trillion, is the most significant business behemoth in the technology industry. Apple’s headquarters in Cupertino, California, employs 137,000 people in four nations: the US, the UK, France, and Germany. In 2023, Apple will be the most successful business in the world.
Its $267.7 billion market value is primarily based on the design, production, and marketing of mobile communication, media, personal computing, and portable digital music players. Tim Cook is the firm’s CEO and the man behind Apple’s massive success.
CVS Health
CVS is a pharmacy-based healthcare company. The company holds and operates a chain of pharmacies across the United States and Puerto Rico. In addition to retail, CVS offers illness management programmes, mail-order pharmacy services, and pharmacy benefit management services.
Currently, the CEO of CVS Health is Karen S. Lynch. Coming on to the company’s fundamentals, the market capitalization of CVS Health is $77.2 billion, and the net income is $8.3 billion, with a revenue of $264.0 billion.
UnitedHealth Group
An American-managed healthcare and insurance company with its global headquarters in Minnetonka, Minnesota, is called UnitedHealth Group Incorporated. It offers both insurance services and medical supplies. UnitedHealth Group is the most prominent healthcare organization in terms of revenue, the largest insurance company in terms of net premiums, and the seventh-largest corporation in the world overall. 80% of the Group’s entire income comes from UnitedHealthcare.
Currently, Andrew Witty is the CEO of the company. Talking about the fundamentals, the company’s revenue in 2021 was $287597 million, with a net income of $17,285 million. Moreover, the company has a strength of more than 350,000.
Exxon Mobil
The ExxonMobil Firm, sometimes known as Exxon, is a multinational oil and gas company with headquarters in Irving, Texas. On November 30, 1999, Exxon and Mobil joined together to form it, making it the most prominent direct descendant of John D. Rockefeller’s Standard Oil. Along with Esso, its forebears are still employed as brands for gas stations and downstream items.
Since its merger, ExxonMobil, one of the largest businesses in the world by revenue, has varied from first to tenth place among publicly traded companies, and it has one of the highest market capitalizations of any business. ExxonMobil ranked 12th on the Fortune Global 500 and sixth in the most recent Fortune 500 rankings, which were released in 2022.
Darren Woods is the company’s CEO, and coming on to the company’s fundamentals, with a strength of 63,000 employees, the company had revenue of $285,640 million in 2021.
Berkshire Hathaway
As a multifaceted holding company, Berkshire Hathaway has companies in several markets. They include businesses in the fields of manufacturing, energy production, retail, and insurance. The company also has a substantial portfolio of derivatives and stock securities.
Currently, Warren Buffet is the CEO of Berkshire Hathaway. Coming on to its fundamentals, the company has a revenue of $260.5 billion and a net income of $22.2 billion, with a market capitalization of $520.9 billion.
Alphabet
The corporate headquarters of the multinational technology company Alphabet Inc. are in Mountain View, California. It was established as a consequence of a Google reorganization on October 2, 2015, and it now acts as the parent company for Google and several former Google subsidiaries. Regarding revenue, Alphabet is the third-largest technology company in the world and one of the most valuable companies. It is one of the Five American information technology firms, along with Microsoft, Apple, Amazon, and Meta.
Currently, Sundar Pichai is the CEO of Alphabet, and with a strength of 136,500 employees, the company had revenue of $257,637 million in 2021.
McKesson
An American distributor of pharmaceuticals, McKesson Corporation also provides care management systems, medical supplies, and health information technology. The company includes one-third of all medications used in North America and employs about 78,000 people. The fiscal year for McKesson ended on March 31, 2021, with $238.2 billion in sales.
Medical equipment, medications, and healthcare systems are all sold by McKesson, which has its corporate headquarters in Irving, Texas. Additionally, McKesson offers a sizable network infrastructure to the healthcare industry. It was also an early adopter of technologies, including RFID tags, pharmacy robots, and bar-code scanning for distribution.
Currently, Brian S. Tyler is the CEO of McKesson.
AmerisourceBergen
Bergen Brunswig and AmeriSource merged to become the American pharmaceutical distribution company AmerisourceBergen Corporation in 2001. They provide drug delivery and administration and patient care guidance for medical businesses. Acute care hospitals and health systems, autonomous and retail chain pharmacies, mail-ordered operations, medical professionals, clinics, and other alternate site skills, as well as nursing and assisted living facilities, purchase a variety of brand name, over-the-counter (OTC) generic pharmaceuticals, and equipment from these companies.
Currently, the company’s CEO is Steven H. Collis. With over $179 billion in annual sales, AmerisourceBergen is ranked 10th on the Fortune 500 list for 2020 and manages over 20% of all drugs sold and distributed in the United States.
Wrapping Up
So, these companies are trending in the top 10 according to the latest Fortune 500 list. For more such information, keep a regular check on our website.
