Discover the 10 most valuable companies in the world!
Posted: Sun Jan 05, 2025 4:52 am
The world's largest companies by market capitalization span a variety of industries, including technology, energy, financial services, and pharmaceuticals. Most of the companies in the top 10 generate hundreds of billions of dollars in annual revenue.
However, there are a few that generate less than $100 billion in annual revenue , suggesting that investors are optimistic about the potential growth of these companies compared to others on the list.
Companies are ranked according to TradingView's list of largest companies by market capitalization . All figures, which are also taken from TradingView, are current as of June 20, 2024.
1. Microsoft (MSFT)
Market cap: $3.31 trillion
Revenue (TTM): $236.58 billion
Net Income (TTM): US$86.18 billion
1-year total return: 32.50%
Exchange: Nasdaq
Year of foundation: 1975
Microsoft (MSFT) is a global developer and licensor of software, devices, and services. The company is best known for its Windows and Office suite of software, as well as its Xbox gaming hardware. The company derives most of its profits and revenue from cloud computing services, for which it is the market leader. In January 2024, Microsoft finally surpassed the $3 trillion market capitalization threshold , becoming the second company to do so, after Apple.
Headquartered in Redmond, Washington, Microsoft was founded by Bill Gates and Paul Allen in 1975. Microsoft's Windows operating system has long been the preferred choice in the enterprise market. It also has a broad portfolio that includes its Office software suite , Edge web browser, and hardware such as Surface touchscreen personal computers and Xbox video game consoles.
Microsoft has also made a big play in artificial intelligence (AI) , integrating it into its search and Office products, among other applications. Its partnership with OpenAI, the San Francisco-based startup that owns a 49% stake in ChatGPT creator OpenAI and holds first-mover status, sent the stock soaring to new highs. Microsoft then debuted its new CoPilot Pro subscription service, integrated into its Microsoft 365 suite.
Microsoft has veered heavily into AI, deprioritizing most of its investments in older metaverse pieces like Windows Mixed Reality, which debuted in 2017 .
2. Nvidia Corp. (NVDA)
Market cap: $3.217 trillion
Revenue (TTM): $79.77 billion
Net Income (TTM): US$42.60 billion
1-year cumulative total return: 200.64%
Exchange: Nasdaq
Year of foundation: 1993
Nvidia (NVDA) designs and develops graphics processors and belarus phone number data related software. It pioneered the development of the graphics processing unit (GPU), whose initial applications were primarily for PC graphics and video games. GPU capabilities are now being leveraged for use in AI and machine learning applications, which explains the company's recent growth spurt.
Nvidia’s stock price has soared lately, thanks largely to its large exposure to the AI boom. In June 2024, it briefly surpassed Microsoft as the world’s most valuable company, reaching a market cap of $3.335 trillion on June 18, 2024.
If you want to understand what makes the world's most valuable companies so successful, check out our free course Fundamentals of Management and Leadership !
3. Apple (AAPL)
Market cap: $3.215 trillion
Revenue (TTM): $381.62 billion
Net Income (TTM): US$ 100.39 billion
1-year total return: 13.40%
Exchange: Nasdaq
Year of foundation: 1976
Apple (AAPL) designs, manufactures, and sells a wide range of consumer technology products, including smartphones, personal computers, tablets, wearable devices, home entertainment devices, cloud storage, and more .
Some of its most popular products include its iPhone smartphones, Mac computers, and AirPod wireless headphones.
In June 2024, Apple announced that it was introducing Apple Intelligence, its AI functionality, to iPhones, iPads, and Macs. Apple, founded in Cupertino, California, by Steve Wozniak, Steve Jobs, and Ronald Wayne, initially marketed the Apple I personal computer and achieved success with the Apple II. In 2022, Apple reached a market value of $3 trillion.
However, there are a few that generate less than $100 billion in annual revenue , suggesting that investors are optimistic about the potential growth of these companies compared to others on the list.
Companies are ranked according to TradingView's list of largest companies by market capitalization . All figures, which are also taken from TradingView, are current as of June 20, 2024.
1. Microsoft (MSFT)
Market cap: $3.31 trillion
Revenue (TTM): $236.58 billion
Net Income (TTM): US$86.18 billion
1-year total return: 32.50%
Exchange: Nasdaq
Year of foundation: 1975
Microsoft (MSFT) is a global developer and licensor of software, devices, and services. The company is best known for its Windows and Office suite of software, as well as its Xbox gaming hardware. The company derives most of its profits and revenue from cloud computing services, for which it is the market leader. In January 2024, Microsoft finally surpassed the $3 trillion market capitalization threshold , becoming the second company to do so, after Apple.
Headquartered in Redmond, Washington, Microsoft was founded by Bill Gates and Paul Allen in 1975. Microsoft's Windows operating system has long been the preferred choice in the enterprise market. It also has a broad portfolio that includes its Office software suite , Edge web browser, and hardware such as Surface touchscreen personal computers and Xbox video game consoles.
Microsoft has also made a big play in artificial intelligence (AI) , integrating it into its search and Office products, among other applications. Its partnership with OpenAI, the San Francisco-based startup that owns a 49% stake in ChatGPT creator OpenAI and holds first-mover status, sent the stock soaring to new highs. Microsoft then debuted its new CoPilot Pro subscription service, integrated into its Microsoft 365 suite.
Microsoft has veered heavily into AI, deprioritizing most of its investments in older metaverse pieces like Windows Mixed Reality, which debuted in 2017 .
2. Nvidia Corp. (NVDA)
Market cap: $3.217 trillion
Revenue (TTM): $79.77 billion
Net Income (TTM): US$42.60 billion
1-year cumulative total return: 200.64%
Exchange: Nasdaq
Year of foundation: 1993
Nvidia (NVDA) designs and develops graphics processors and belarus phone number data related software. It pioneered the development of the graphics processing unit (GPU), whose initial applications were primarily for PC graphics and video games. GPU capabilities are now being leveraged for use in AI and machine learning applications, which explains the company's recent growth spurt.
Nvidia’s stock price has soared lately, thanks largely to its large exposure to the AI boom. In June 2024, it briefly surpassed Microsoft as the world’s most valuable company, reaching a market cap of $3.335 trillion on June 18, 2024.
If you want to understand what makes the world's most valuable companies so successful, check out our free course Fundamentals of Management and Leadership !
3. Apple (AAPL)
Market cap: $3.215 trillion
Revenue (TTM): $381.62 billion
Net Income (TTM): US$ 100.39 billion
1-year total return: 13.40%
Exchange: Nasdaq
Year of foundation: 1976
Apple (AAPL) designs, manufactures, and sells a wide range of consumer technology products, including smartphones, personal computers, tablets, wearable devices, home entertainment devices, cloud storage, and more .
Some of its most popular products include its iPhone smartphones, Mac computers, and AirPod wireless headphones.
In June 2024, Apple announced that it was introducing Apple Intelligence, its AI functionality, to iPhones, iPads, and Macs. Apple, founded in Cupertino, California, by Steve Wozniak, Steve Jobs, and Ronald Wayne, initially marketed the Apple I personal computer and achieved success with the Apple II. In 2022, Apple reached a market value of $3 trillion.