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List of corporations by market capitalization 

The following is a list of public companies having the greatest market capitalization. This Financial Times Global 500 based list is up to date as of March 31, 2008.

Rank Name Headquarters Primary Industry Market value (USD million)
1 Exxon Mobil United States Oil and gas 452,505
2 Petrochina China Oil and gas 423,996
3 General Electric United States Conglomerate 369,569
4 Gazprom Russia Oil and gas 299,764
5 China Mobile China Telecommunications 298,093
6 Industrial and Commercial Bank of China China Banking 277,236
7 Microsoft United States Software industry 264,132
8 AT&T United States Telecommunications 231,168
9 Royal Dutch Shell Netherlands Oil and gas 220,110
10 Procter & Gamble United States Consumer goods 215,640
11 Wal-Mart United States Retail 210,973
12 Petrobras Brazil Oil and gas 208,391
13 Berkshire Hathaway United States Insurance 206,924
14 Nestlé Switzerland Food processing 197,215
15 HSBC United Kingdom Banking 195,768
16 BP United Kingdom Oil and gas 191,844
17 Johnson & Johnson United States Health care 183,751
18 Total S.A. France Oil and gas 178,554
19 Chevron Corporation United States Oil and gas 177,265
20 China Construction Bank China Banking 176,474
21 BHP Billiton Australia Mining 175,284
22 Toyota Motor Corporation Japan Automotive 172,166
23 Bank of America United States Banking 168,405
24 Roche Switzerland Health care 165,241
25 Vale Brazil Mining 159,553
26 Bank of China China Banking 159,478
27 IBM United States Computer software, Computer hardware 159,392
28 Vodafone United Kingdom Telecommunications 159,337
29 Électricité de France France Electricity generation 159,118
30 Rio Tinto Group UK/Australia Mining 154,860
31 JP Morgan Chase United States Banking, Insurance 145,881
32 Cisco Systems United States Networking hardware 143,600
33 Pfizer United States Health care 141,507
34 The Coca-Cola Company United States Beverage 141,463
35 Telefonica Spain Telecommunications 137,660
36 Eni Italy Oil and gas 137,087
37 Sinopec China Oil and gas 135,317
38 Novartis Switzerland Health care 134,928
39 Apple Inc. United States Electronics 126,119
40 Grupo Santander Spain Banking 125,066

Source Financial Times

Contents

2007

2007 fourth quarter

This Financial Times based list is up to date as of December 31, 2007.

Rank Name Headquarters Primary Industry Market value (USD million)
1 Petrochina China Oil and gas 723,952
2 Exxon Mobil United States Oil and gas 511,887
3 General Electric United States Conglomerate 374,637
4 China Mobile China Telecommunications 354,120
5 Industrial and Commercial Bank of China China Banking 338,989
6 Microsoft United States Software industry 333,054
7 Gazprom Russia Oil and gas 329,591
8 Royal Dutch Shell Netherlands Oil and gas 269,544
9 AT&T United States Telecommunications 252,051
10 Sinopec China Oil and gas 249,645

Source [1]


2007 third quarter

This Financial Times based list is up to date as of June 29, 2007.

Rank Name Headquarters Primary Industry Market value (USD million)
1 Exxon Mobil United States Oil and gas 513,362
2 General Electric United States Conglomerate 424,191
3 China Mobile China Telecommunications 327,937
4 Industrial and Commercial Bank of China China Banking 279,269
5 Microsoft United States Software industry 276,202
6 Royal Dutch Shell Netherlands Oil and gas 264,397
7 Gazprom Russia Oil and gas 260,249
8 AT&T United States Telecommunications 258,047
9 Citigroup United States Banking 232,162
10 Bank of America United States Banking 223,066

Source Financial Times

2007 second quarter

This Financial Times based list is up to date as of June 29, 2007.

Rank Name Headquarters Primary Industry Market value (USD million)
1 Exxon Mobil United States Oil and gas 472,519
2 General Electric United States Conglomerate 393,831
3 Microsoft United States Software industry 281,934
4 Royal Dutch Shell Netherlands Oil and gas 266,141
5 AT&T United States Telecommunications 255,871
6 Citigroup United States Banking 253,703
7 Gazprom Russia Oil and gas 245,757
8 BP United Kingdom Oil and gas 231,495
9 Toyota Motor Corporation Japan Automotive 228,009
10 Bank of America United States Banking 216,963

Source Financial Times

2007 first quarter

See also: List of corporations by market capitalization on 30th March 2007

This Financial Times based list is up to date as of 30 March 2007.

Rank Name Headquarters Primary Industry Market value (USD million) Revenue (FY 2006, USD billion)
1 Exxon Mobil United States Oil and gas 429,567 377.6
2 General Electric United States Conglomerate 363,611 163.4
3 Microsoft United States Software industry 272,912 51.1
4 Citigroup United States Banking 252,857 120.3
5 AT&T United States Telecommunications 246,206 63.1
6 Gazprom Russia Oil and gas 245,911 83.6 (~)
7 Toyota Motor Corporation Japan Automotive 230,832 196 (~)
8 Bank of America United States Banking 228,177 117.0
9 Industrial and Commercial Bank of China China Banking 224,788 23.2 (~)
10 Royal Dutch Shell Netherlands Oil and gas 214,018 318.8
11 BP United Kingdom Oil and gas 208,844 274.3
12 HSBC United Kingdom Banking 202,146 70.1
13 Procter & Gamble United States Consumer goods 199,294 68.2
14 Wal-Mart United States Retail 193,643 351.1
15 Altria United States Tobacco, Food 184,277 101.4
16 China Mobile China Telecommunications 181,799 37.8 (~)
17 Pfizer United States Health care 179,015 48.4
18 American International Group United States Insurance 174,878 113.2
19 Johnson & Johnson United States Health care 174,397 53
20 Berkshire Hathaway United States Insurance 168,280 98.5
21 JP Morgan Chase United States Banking, Insurance 168,041 61.4
22 Total S.A. France Oil and gas 167,065 202.9
23 Bank of China China Banking 165,511 17.6 (~)
24 Chevron Corporation United States Oil and gas 159,589 204.9
25 GlaxoSmithKline United Kingdom Health care 156,975 45.5 (~)
26 Nestlé Switzerland Food processing 155,345 80.8 (~)
27 Roche Switzerland Health care 154,620 34.5
28 Cisco Systems United States Networking hardware 154,202 28.5
29 Électricité de France France Electricity generation 152,231 77.7 (~)
30 Novartis Switzerland Health care 149,692 37.0
31 IBM United States Computer software, Computer hardware 141,911 91.4
32 Vodafone United Kingdom Telecommunications 140,429 57.5
33 BHP Billiton Australia Mining 137,202 32.2
34 Eni Italy Oil and gas 129,882 113.6 (~)
35 China Construction Bank China Banking 128,529 19.4 (~)
36 UBS AG Switzerland Banking 124,490 38.7 (~)
37 Royal Bank of Scotland Group United Kingdom Banking 122,534 54.9 (~)
38 Mitsubishi UFJ Financial Japan Banking 122,186 30.3 (~)
39 Sanofi-Aventis France Health care 117,807 37.4 (~)
40 Wells Fargo United States Banking, Insurance 116,326 35.7
41 China Life Insurance China Insurance 116,280 18.8 (~)
42 ConocoPhillips United States Oil and gas 112,374 188.5
43 Grupo Santander Spain Banking 111,229 29.8 (~)
44 The Coca-Cola Company United States Beverage 111,134 24.1
45 Verizon Communications United States Telecommunications 110,343 88.1
46 Intel Corporation United States Computer hardware 110,323 35.7
47 Telefonica Spain Telecommunications 108,089 69.8 (~)
48 Hewlett-Packard United States Computer hardware 107,433 91.7
49 Wachovia United States Banking, Insurance 106,185 29.9
50 Petrobras Brazil Oil and gas 105,877 72.3

Source: Financial Times

2006

2006 fourth quarter

This Financial Times based list is up to date as of December 2006.

Rank Name Headquarters Primary Industry Market value (USD million)
1 Exxon Mobil United States Oil and gas 446,943
2 General Electric United States Conglomerate 383,564
3 Microsoft United States Software industry 293,537
4 Citigroup United States Banking 273,691
5 Gazprom Russia Oil and gas 271,482
6 Industrial and Commercial Bank of China China Banking 254,592
7 Toyota Motor Corporation Japan Automotive 241,161
8 Bank of America United States Banking 239,758
9 Royal Dutch Shell Netherlands Oil and gas 225,781
10 BP United Kingdom Oil and gas 218,643

Source: Financial Times

2006 third quarter

This Financial Times based list is up to date as of 30 September 2006.

Rank Name Headquarters Primary Industry Market value (USD million)
1 Exxon Mobil United States Oil and gas 398,906
2 General Electric United States Conglomerate 364,414
3 Microsoft United States Software industry 272,679.0
4 Gazprom Russia Oil and gas 254,634.3
5 Citigroup United States Banking 246,727
6 Bank of America United States Banking 242,451
7 Royal Dutch Shell Netherlands Oil and gas 216,368
8 BP United Kingdom Oil and gas 215,623
9 HSBC United Kingdom Banking 209,774
10 Pfizer United States Health care 206,785

Source: Financial Times

2006 second quarter

This Financial Times based list is up to date as of 30 June 2006.

Rank Name Headquarters Primary Industry Market value (USD million)
1 Exxon Mobil United States Oil and gas 371,187
2 General Electric United States Conglomerate 342,731
3 Gazprom Russia Oil and gas 246,341
4 Citigroup United States Banking 239,862
5 Microsoft United States Software industry 237,688
6 BP United Kingdom Oil and gas 233,151
7 Royal Dutch Shell Netherlands Oil and gas 224,925
8 Bank of America United States Banking 219,504
9 HSBC United Kingdom Banking 201,854
10 Wal-Mart United States Retail 200,762

Source: Financial Times

2006 first quarter

This Financial Times based list is up to date as of March 2006.

Rank Name Headquarters Industry Market value (USD million)
1 Exxon Mobil United States Oil and gas 371,631
2 General Electric United States Conglomerate 362,527
3 Microsoft United States Software industry 281,171
4 Citigroup United States Banking 238,935
5 BP United Kingdom Oil and gas 233,260
6 Bank of America United States Banking 211,706
7 Royal Dutch Shell Netherlands Oil and gas 211,280
8 Wal-Mart United States Retail 196,860
9 Toyota Motor Corporation Japan Automotive 196,731
10 Gazprom Russia Oil and gas 196,339

Source: Financial Times

2005

2005 fourth quarter

This Financial Times based list is up to date as of December 2005.

Rank Name Headquarters Industry Market value (USD million)
1 General Electric United States Conglomerate 370,344
2 Exxon Mobil United States Oil and gas 349,512
3 Microsoft United States Software industry 278,358
4 Citigroup United States Banking 245,512
5 BP United Kingdom Oil and gas 219,511
6 Royal Dutch Shell Netherlands Oil and gas 207,673
7 Wal-Mart United States Retail 194,851
8 Procter & Gamble United States Consumer goods 194,000
9 Toyota Motor Corporation Japan Automotive 187,182
10 Bank of America United States Banking 185,342

Source: Financial Times

2005 third quarter

This Financial Times based list is up to date as of 30 September 2005.

Rank Name Headquarters Industry Market value (USD million)
1 Exxon Mobil United States Oil and gas 400,628
2 General Electric United States Conglomerate 356,929
3 Microsoft United States Software industry 275,638
4 BP United Kingdom Oil and gas 250,083
5 Citigroup United States Banking 235,342
6 Royal Dutch Shell Netherlands Oil and gas 228,850
7 Johnson & Johnson United States Health care 188,238
8 Pfizer United States Health care 184,041
9 HSBC United Kingdom Banking 182,741
10 Wal-Mart United States Retail 182,409

Source: Financial Times

2005 second quarter

This Financial Times based list is up to date as of June 2005.

Rank Name Headquarters Industry Market value (USD million)
1 General Electric United States Conglomerate 367,495
2 Exxon Mobil United States Oil and gas 365,838
3 Microsoft United States Software industry 268,380
4 Citigroup United States Banking 241,166
5 Royal Dutch Shell Netherlands Oil and gas 229,516
6 BP United Kingdom Oil and gas 220,558
7 Pfizer United States Health care 205,067
8 Wal-Mart United States Retail 201,573
9 Johnson & Johnson United States Health care 193,280
10 Bank of America United States Banking 183,424

Source: Financial Times

2005 first quarter

This Financial Times based list is up to date as of 31 March 2005.

Rank Name Headquarters Primary Industry Market value (USD million) Revenue (FY 2005, USD billion)
1 General Electric United States Conglomerate 382,233 151.3
2 Exxon Mobil United States Oil and gas 380,567 291.3
3 Microsoft United States Software industry 262,975 36.8
4 Citigroup United States Banking 234,437
5 BP United Kingdom Oil and gas 221,365 285.1
6 Wal-Mart United States Retail 212,209 285.2
7 Royal Dutch Shell Netherlands Oil and gas 210,630 266.4
8 Johnson & Johnson United States Health care 199,711 47.3
9 Pfizer United States Health care 195,945 52.5
10 Bank of America United States Banking 178,765

Source: Financial Times

2004

This Financial Times based list is up to date as of 31 March 2004.

Rank Name Headquarters Primary Industry Market value (USD million) Revenue (FY 2003, USD billion)
1 General Electric United States Conglomerate 299,336 133.6
2 Microsoft United States Software industry 271,911 32.2
3 Exxon Mobil United States Oil and gas 263,940 237.1
4 Pfizer United States Health care 261,616 45.2
5 Citigroup United States Banking 259,191
6 Wal-Mart United States Retail 258,888 256.3
7 American International Group United States Insurance 183,696
8 Intel Corporation United States Computer hardware 179,996 30.1
9 BP United Kingdom Oil and gas 174,648 232.6
10 HSBC United Kingdom Banking 163,574

Source: Financial Times

2003

This Financial Times based list is up to date as of 31 March 2003.

Rank Name Headquarters Primary Industry Market value (USD million) Revenue (FY 2002, USD billion)
1 Microsoft United States Software industry 264,003 28.4
2 General Electric United States Conglomerate 259,647 130.7
3 Exxon Mobil United States Oil and gas 241,037 204.5
4 Wal-Mart United States Retail 234,399 244.5
5 Pfizer United States Health care 195,948 32.4
6 Citigroup United States Banking 183,887
7 Johnson & Johnson United States Health care 170,417 36.3
8 Royal Dutch Shell Netherlands Oil and gas 149,034 179.4
9 BP United Kingdom Oil and gas 144,381 178.7
10 IBM United States Computer software, Computer hardware 139,272 81.2

Source: Financial Times

2002

This Financial Times based list is up to date as of 31 March 2002.

Rank Name Headquarters Primary Industry Market value (USD million)
1 General Electric United States Conglomerate 372,089
2 Microsoft United States Software industry 326,639
3 Exxon Mobil United States Oil and gas 299,820
4 Wal-Mart United States Retail 273,220
5 Citigroup United States Banking 255,299
6 Pfizer United States Health care 249,021
7 Intel Corporation United States Computer hardware 203,838
8 BP United Kingdom Oil and gas 200,794
9 Johnson & Johnson United States Health care 197,912
10 Royal Dutch Shell Netherlands Oil and gas 189,913

Source: Financial Times

2001

This Financial Times based list is up to date as of 31 March 2001.

Rank Name Headquarters Primary Industry Market value (USD million)
1 General Electric United States Conglomerate 477,406
2 Cisco Systems United States Networking hardware 304,699
3 Exxon Mobil United States Oil and gas 286,367
4 Pfizer United States Health care 263,996
5 Microsoft United States Software industry 258,436
6 Wal-Mart United States Retail 250,955
7 Citigroup United States Banking 250,143
8 Vodafone United Kingdom Telecommunications 227,175
9 Intel Corporation United States Computer hardware 227,048
10 Royal Dutch Shell Netherlands Oil and gas 206,340

Source: Financial Times

2000

This Financial Times based list is up to date as of 31 March 2000.

Rank Name Headquarters Primary Industry Market value (USD million) Revenue (FY 1999, USD billion)
1 Microsoft United States Software industry 586,197 17.8
2 General Electric United States Conglomerate 474,956 110.8
3 NTT DoCoMo Japan Telecommunications 366,204 30.2
4 Cisco Systems United States Networking hardware 348,965 12.2
5 Wal-Mart United States Retail 286,153 165.0
6 Intel Corporation United States Computer hardware 277,096 26.3
7 Nippon Telegraph and Telephone Japan Telecommunications 274,905 94.2
8 Exxon Mobil United States Oil and gas 265,894 100.7
9 Lucent Technologies United States Telecommunications 237,668 38.3
10 Deutsche Telekom Germany Telecommunications 209,628 36.8

Source: Financial Times

1999

This Financial Times based list is up to date as of January 1999.

Rank Name Headquarters Primary Industry Market value (USD million)
1 Microsoft United States Software industry 271,854
2 General Electric United States Conglomerate 258,871
3 Exxon Mobil United States Oil and gas 172,213
4 Royal Dutch Shell Netherlands Oil and gas 164,157
5 Merck United States Health care 154,753
6 Pfizer United States Health care 148,074
7 Intel Corporation United States Computer hardware 144,060
8 The Coca-Cola Company United States Beverage 142,164
9 Wal-Mart United States Retail 123,062
10 IBM United States Software industry, Computer hardware 121,184

Source: Financial Times

1998

This Financial Times based list is up to date as of January 1998.

Rank Name Headquarters Primary Industry
1 General Electric United States Conglomerate
2 Royal Dutch Shell Netherlands Oil and gas
3 Microsoft United States Software industry
4 Exxon Mobil United States Oil and gas
5 The Coca-Cola Company United States Beverage
6 Intel Corporation United States Computer hardware
7 Nippon Telegraph and Telephone Japan Telecommunications
8 Merck United States Health care
9 Toyota Motor Corporation Japan Automotive
10 Novartis Switzerland Health care

Source: Financial Times, January 22

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