Largest American Companies By Market Capitalization

Apple is World Number 1 company as on January 7th 2022 with a market value of 2825 Billion USD. Shares grew 46% this year, and Tesla passed the $1 trillion market cap for the first time. The company’s market cap crossed the $2 trillion threshold for the first time in June, and it is threatening to outpace Apple to become the first company to be worth $3 trillion. The Bill Gates-founded tech company has had a stellar past few years as it’s increased its focus on cloud technology. Of the six biggest companies in the world, all but Saudi Aramco are American tech firms, and all are worth more than $1 trillion.

biggest company in the us

The stock’s 30% growth this year added $659.8 billion to its market cap. Apple remains the most valuable company in the world by roughly $400 billion. Salesforce is still the largest SaaS company in the U.S., with a market capitalization of $161.4 billion. That’s 2.8x bigger than the value of the second-largest company, ServiceNow ($57.9 billion). Energy Transfer is an energy company that transfers, stores and terminals natural gas and oil products, mainly through pipelines across 38 states. The company was formed only 23 years ago, making its rise to more than $38 billion in yearly revenue pretty impressive. Despite having only five companies on the list, the energy sector amounted to almost 10% of the top 100’s market capitalization, mostly due to Saudi Aramco’s whopping valuation.

Unitedhealth Group

PwC has been the most prestigious accounting firm in the world since 2010 and one of the largest privately owned companies in the US recording revenue of $35.4 billion in 2016 financial year. Cargill is a Minnesota-based company which was founded by William Wallace Cargill at the end of the American civil war. The company developed from a grain storage facility into a multinational trading, purchasing, trading, and distributors of agricultural commodities such as sugar, oil, turkey, and chocolate. It also provides services such as financial management, transportation, and production of food ingredients. Cargill is a family owned business with 90% of the company owned by the descendants of the founder William Cargill and his son-in-law John MacMillan. When ranking companies by revenue, technology stocks do not fare as well as when they are ranked by their market value. Enterprise Products Partners is another huge oil and gas outfit that provides a wide range of energy services.

biggest company in the us

The home improvement retailer had just under 2,000 stores in the U.S., 180 in Canada and 100 in Mexico. After his appointment in 2007, current CEO Frank Blake removed previous pay limits so the company could hire knowledgeable specialists. He also improved employee benefits as part of his efforts to produce better customer service. Several of the nation’s largest employers have developed reputations for being unfriendly toward unions. In 2011, when it appeared a Target store in Valley Stream, New York, might unionize, the company voiced its opposition to unions. Around that time, a company-produced video emerged, warning employees about joining unions.

The Worlds Largest Oil Reserves By Country

In 2020, the market value of the top 10 companies broke $1 trillion for the first time. 2020 was a year of explosive growth uss express review in valuations of public SaaS companies. All market cap figures are for February 26, 2021, unless otherwise indicated.

  • PetroChina is the exchange-listed branch of the Chinese state-owned China National Petroleum Corporation.
  • The only other new entrant to the top 10 was Adobe, but that’s because Adobe’s sources of revenue finally qualify it as a SaaS company.
  • We teamed up with Qlik, the Official Analytics Partner of the Fortune 500, to bring to life the shifting fortunes of iconic companies and sectors in an interactive data visualization.
  • The company is pushing heavily into software and plans to hire thousands of engineers to improve the software capabilities of its machinery.
  • The 360,000 workers with Berkshire Hathaway count on Buffett’s famously sensible business decisions to keep the company stable and profitable.

In 2001, AmeriSource Health, with $13 billion in annual revenue at the time, merged with Bergen Brunswig, which had $22 billion in annual sales. Germany ($7.4B), Poland ($7.4B), and Russia ($7.2B) were Ukraine’s next three largest trading partners, with the majority of Ukraine’s trade with these countries being imports. The No.1 car company in the US used to be the No.1 car company in the world. In 1955, GM had more than 50% of the American vehicle market and, between direct employees and those at suppliers, it was responsible for more than 3 million US jobs.