List of public corporations by market capitalization

The following is a list of publicly traded companies having the greatest market capitalization. This list is based on the Financial Times Global 500 rankings. The list of non-public companies by estimated market value is attached for comparison.

Market capitalization is calculated from the share price (as recorded on selected day) multiplied by the number of shares issued. Figures are converted into USD millions (using rate from selected day) to allow for comparison. Only companies with free float at least 15% are included, value of unlisted stock classes is excluded. Investment companies are not included in the list.^[1]

Record market capitalizations

Date	Company	Record value (In billions USD)	Record value (Adjusted to 2015 USD, in billions)	Notes
30 December 1999	Microsoft	618.9	879	Microsoft reached an intraday high share price of $119.94 in December 1999.[2] With 5,160,024,593 outstanding shares,[3] it had a market capitalization of $618.9 billion.
5 November 2007	Petrochina	1000	1141	On 5 November 2007, A shares of Petrochina on the first day of trading after its IPO on Shanghai Stock Exchange skyrocketed from the IPO price of 16.7 RMB to 43.96 RMB by the close (the opening price was even 48.6 RMB). That gave a market capitalization of about $1 trillion.[4] Only 4 billion A shares were floated during the IPO, another 158 billion A shares were still held by China National Petroleum Corporation. 21 billion H Shares were already floated on the Hong Kong Stock Exchange.[5] However market capitalization based on H-shares never reached $500 billion.[6]
February 2015	Apple Inc.	775	775	Apple had reached its record high market capitalization value of $775 billion during February of 2015.[7]

Publicly traded companies

All market capitalization figures are in USD millions.

2016

This list is up to date as of March 31, 2016. Indicated changes in market value are relative to the previous quarter.

Rank	First quarter[8]		Second quarter		Third quarter		Fourth quarter
1		Apple Inc. 607,464.5
2		Microsoft 439,734.6
3		Exxon Mobil 350,991.0
4		Johnson & Johnson 300,604.4
5		General Electric 295,545.7
6		Amazon Inc. 281,888.4
7		Facebook 259,191.8
8		Wells Fargo 246,035.0
9		AT&T 242,263.9
10		Nestle 239,473.9

2015

This Financial Times Global 500–based list is up to date as of December 31, 2015. Indicated changes in market value are relative to the previous quarter.

Rank	First quarter[9]		Second quarter[10]		Third quarter		Fourth quarter
1		Apple Inc. 724,773.1		Apple Inc. 722,576.9		Apple Inc. 611,300.0		Apple Inc. 586,900.0
2		Exxon Mobil 356,548.7		Microsoft 357,154.4		Alphabet Inc. 441,500.0		Alphabet Inc. 535,100.0
3		Berkshire Hathaway 356,510.7		Exxon Mobil 347,868.1		Microsoft 356,300.0		Microsoft 443,200.0
4		Google 345,849.2[11]		Berkshire Hathaway 336,014.5		Berkshire Hathaway 320,000.0		Exxon Mobil 324,500.0
5		Microsoft 333,524.8		Google 333,997.7		Exxon Mobil 308,300.0		Berkshire Hathaway 323,400.0
6		Petro China 329,715.1		Petro China 319,391.6		Wells Fargo 262,800.0		Amazon Inc. 316,800.0
7		Wells Fargo 279,919.7		ICBC 298,531.5		Johnson & Johnson 258,300.0		General Electric 314,900.0
8		Johnson & Johnson 279,723.9		Wells Fargo 289,591.3		General Electric 254,600.0		Facebook Inc. 296,000.0
9		ICBC 275,389.1		Johnson & Johnson 270,260.8		Facebook Inc. 253,000.0		Johnson & Johnson 284,200.0
10		Novartis 267,897.0		General Electric 267,717.4		Amazon Inc. 240,100.0		Wells Fargo 277,700.0

Milestones

• In the second half of 2015 Google was reorganised with Alphabet Inc becoming the parent company, henceforth Alphabet Inc is displayed in the above table
• For the first time in Q3, both Facebook and Amazon enter the top-10

2014

This Financial Times Global 500–based list is up to date as of December 31, 2014. Indicated changes in market value are relative to the previous quarter.

Rank	First quarter[12]		Second quarter[13]		Third quarter[14]		Fourth quarter[15]
1		Apple Inc. 478,766.1		Apple Inc. 560,337.4		Apple Inc. 603,277.4		Apple Inc. 647,361.0
2		Exxon Mobil 422,098.3		Exxon Mobil 432,357.3		Exxon Mobil 401,094.1		Exxon Mobil 391,481.9
3		Microsoft 340,216.8		Microsoft 344,458.8		Microsoft 381,959.7		Microsoft 382,880.3
4		Google 313,003.9		Google 358,347.3		Google 361,998.4		Berkshire Hathaway 370,652.6
5		Berkshire Hathaway 308,090.6		Berkshire Hathaway 312,216.7		Berkshire Hathaway 340,055.0		Google 329,768.5
6		Johnson & Johnson 277,826.2		Johnson & Johnson 276,837.0		Johnson & Johnson 300,614.2		PetroChina 305,536.1
7		Wells Fargo 261,217.5		Wells Fargo 261,217.5		Wells Fargo 270,782.4		Johnson & Johnson 292,702.8
8		General Electric 259,547.3		Royal Dutch Shell 269,563.4		General Electric 257,068.4		Wells Fargo 284,385.6
9		Hoffmann-La Roche 258,542.1		General Electric 263,529.6		Novartis 255,326.4		Wal-Mart 276,807.4
10		Wal-Mart 246,805.7		Hoffmann-La Roche 256,322.8		Hoffmann-La Roche 254,543.8		ICBC 271,146.1

2013

This Financial Times Global 500–based list is up to date as of December 31, 2013. Indicated changes in market value are relative to the previous quarter.

Rank	First quarter[16]		Second quarter[17]		Third quarter[18]		Fourth quarter[19]
1		Apple Inc. 415,683.3		Exxon Mobil 401,729.8		Apple Inc. 433,099.6		Apple Inc. 504,770.8
2		Exxon Mobil 403,733.1		Apple Inc. 372,202.3		Exxon Mobil 378,716.2		Exxon Mobil 442,142.8
3		Berkshire Hathaway 256,801.8		Microsoft 288,488.8		Berkshire Hathaway 280,001.5		Microsoft 312,297.3
4		PetroChina 254,618.7		Berkshire Hathaway 276,548.5		Microsoft 277,220.9		Google 310,079.1
5		Wal-Mart 246,373.3		Wal-Mart 244,079.4		Johnson & Johnson 244,298.5		Berkshire Hathaway 292,396.0
6		General Electric 239,775.6		Johnson & Johnson 241,170.9		General Electric 243,290.4		General Electric 283,589.8
7		Microsoft 239,602.3		General Electric 239,787.2		Wal-Mart 240,773.3		Johnson & Johnson 258,415.4
8		IBM 237,724.7		Google 238,688.6		Google 237,479.4		Wal-Mart 254,622.8
9		Nestlé 233,792.1		Chevron Corporation 229,402.6		Chevron Corporation 234,740.8		Hoffmann-La Roche 241,368.0
10		Chevron Corporation 230,831.2		ICBC 226,879.8		Hoffmann-La Roche 232,495.2		Chevron Corporation 240,223.4

2012

This Financial Times Global 500–based list is up to date as of December 31, 2012. Indicated changes in market value are relative to the previous quarter.

Rank	First quarter[20]		Second quarter[21]		Third quarter[22]		Fourth quarter[23]
1		Apple Inc. 559,002.1		Apple Inc. 546,076.1		Apple Inc. 625,348.1		Apple Inc. 500,610.7
2		Exxon Mobil 408,777.4		Exxon Mobil 400,139.1		Exxon Mobil 422,127.5		Exxon Mobil 394,610.9
3		PetroChina 278,968.4		PetroChina 257,685.8		PetroChina 253,853.3		PetroChina 264,833.4
4		Microsoft 270,644.1		Microsoft 256,982.4		Microsoft 249,489.8		BHP Billiton 247,409.0
5		IBM 241,754.6		Wal-Mart 235,900.3		Wal-Mart 248,074.4		ICBC 236,457.9
6		ICBC 236,335.4		IBM 225,598.5		General Electric 239,791.2		China Mobile 234,040.2
7		Royal Dutch Shell 222,425.1		General Electric 220,806.3		IBM 237,068.4		Wal-Mart 228,245.4
8		China Mobile 220,978.9		China Mobile 219,481.3		Chevron Corporation 228,707.1		Samsung Electronics 227,581.8
9		General Electric 212,317.7		Royal Dutch Shell 217,048.2		China Mobile 222,817.8		Microsoft 224,801.0
10		Chevron Corporation 211,950.6		ICBC 211,196.0		Royal Dutch Shell 222,669.6		Royal Dutch Shell 222,669.6

2011

This Financial Times Global 500–based list is up to date as of December 31, 2011. Indicated changes in market value are relative to the previous quarter.

Rank	First quarter[24]		Second quarter[25]		Third quarter[26]		Fourth quarter[27]
1		Exxon Mobil 417,166.7		Exxon Mobil 400,884.5		Apple Inc. 353,518.1		Exxon Mobil 406,272.1
2		PetroChina 326,199.2		Apple Inc. 310,412.3		Exxon Mobil 353,135.2		Apple Inc. 376,410.6
3		Apple Inc. 321,072.1		PetroChina 303,649.9		PetroChina 276,473.9		PetroChina 276,844.9
4		ICBC 251,078.1		ICBC 246,850.5		IBM 208,843.5		Royal Dutch Shell 236,677.0
5		Petrobras 247,417.6		BHP Billiton 233,626.5		Microsoft 208,534.9		ICBC 228,168.1
6		BHP Billiton 247,079.5		Royal Dutch Shell 225,122.8		ICBC 206,021.4		Microsoft 218,380.1
7		China Construction Bank 232,608.6		Microsoft 219,251.9		China Mobile 198,778.7		IBM 216,724.4
8		Royal Dutch Shell 226,128.7		Nestlé 215,017.5		Royal Dutch Shell 197,061.1		Chevron Corporation 211,893.9
9		Chevron Corporation 215,780.6		Petrobras 210,111.4		Nestlé 191,115.6		Wal-Mart 204,659.8
10		Microsoft 213,336.4		IBM 207,781.4		Chevron Corporation 185,456.1		China Mobile 196,148.4

2000–2010

Click to reveal information for 2000–2010 

2010

This Financial Times Global 500–based list is up to date as of December 31, 2010. Indicated changes in market value are relative to the previous quarter.

Rank	First quarter[28]		Second quarter[29]		Third quarter[30]		Fourth quarter[31]
1		PetroChina 329,259.7		Exxon Mobil 291,789.1		Exxon Mobil 314,622.5		Exxon Mobil 368,711.5
2		Exxon Mobil 316,230.8		PetroChina 268,504.8		PetroChina 270,889.9		PetroChina 303,273.6
3		Microsoft 256,864.7		Apple Inc. 228,876.8		Apple Inc. 259,223.4		Apple Inc. 295,886.3
4		Industrial and Commercial Bank of China 246,419.8		Industrial and Commercial Bank of China 211,258.7		Petrobras 220,616.5		BHP Billiton 243,540.3
5		Apple Inc. 213,096.7		Microsoft 201,655.8		Industrial and Commercial Bank of China 213,364.1		Microsoft 238,784.5
6		BHP Billiton 209,935.1		China Mobile 201,471.2		Microsoft 210,676.4		Industrial and Commercial Bank of China 233,369.1
7		Wal-Mart 209,000.7		Berkshire Hathaway 197,356.8		China Mobile 205,339.6		Petrobras 229,066.6
8		Berkshire Hathaway 200,620.5		China Construction Bank 189,170.7		Berkshire Hathaway 204,792.0		China Construction Bank 222,245.1
9		General Electric 194,246.2		Wal-Mart 178,322.7		China Construction Bank 202,998.4		Royal Dutch Shell 208,593.7
10		China Mobile 192,998.6		Procter & Gamble 172,736.5		BHP Billiton 196,866.0		Nestlé 203,534.3

2009

This Financial Times Global 500–based list is up to date as of December 31, 2009. Indicated changes in market value are relative to the previous quarter.

Rank	First quarter [32]		Second quarter [33]		Third quarter [34]		Fourth quarter [35]
1		Exxon Mobil 336,527		PetroChina 366,662.9		Exxon Mobil 329,725		PetroChina 353,140.1
2		PetroChina 287,185		Exxon Mobil 341,140.3		PetroChina 325,097.5		Exxon Mobil 323,717.1
3		Wal-Mart 204,365		Industrial and Commercial Bank of China 257,004.4		Industrial and Commercial Bank of China 237,951.5		Microsoft 270,635.4
4		Industrial and Commercial Bank of China 187,885		Microsoft 211,546.2		Microsoft 229,630.7		Industrial and Commercial Bank of China 268,956.2
5		China Mobile 174,673		China Mobile 200,832.4		HSBC 198,561.1		Wal-Mart 203,653.6
6		Microsoft 163,320		Wal-Mart 188,752.0		China Mobile 195,680.4		China Construction Bank 201,436.1
7		AT&T 148,511		China Construction Bank 182,186.7		Wal-Mart 189,331.6		BHP Billiton 201,248
8		Johnson & Johnson 145,481		Petrobras 165,056.9		Petrobras 189,027.7		HSBC 199,254.9
9		Royal Dutch Shell 138,999		Johnson & Johnson 156,515.9		China Construction Bank 186,816.7		Petrobras 199,107.9
10		Procter & Gamble 138,013		Royal Dutch Shell 156,386.7		Royal Dutch Shell 175,986.1		Apple Inc. 189,801.7

2008

This Financial Times Global 500–based list is up to date as of December 31, 2008. Indicated changes in market value are relative to the previous quarter.

Rank	First quarter [36]		Second quarter [37]		Third quarter [38]		Fourth quarter [39]
1		Exxon Mobil 452,505		Exxon Mobil 465,652		Exxon Mobil 403,366		Exxon Mobil 406,067
2		PetroChina 423,996		PetroChina 341,140.3		PetroChina 325,097.5		PetroChina 259,836
3		General Electric 369,569		Industrial and Commercial Bank of China 257,004.4		Industrial and Commercial Bank of China 237,951.5		Wal-Mart 219,898
4		Gazprom 299,764		Microsoft 211,546.2		Microsoft 229,630.7		China Mobile 201,291
5		China Mobile 298,093		China Mobile 200,832.4		HSBC 198,561.1		Procter & Gamble 184,576
6		Industrial and Commercial Bank of China 277,236		Wal-Mart 188,752.0		China Mobile 195,680.4		Industrial and Commercial Bank of China 173,930
7		Microsoft 264,132		China Construction Bank 182,186.7		Wal-Mart 189,331.6		Microsoft 172,929
8		AT&T 231,168		Petrobras 165,056.9		Petrobras 189,027.7		AT&T 167,950
9		Royal Dutch Shell 220,110		Johnson & Johnson 156,515.9		China Construction Bank 186,816.7		Johnson & Johnson 166,002
10		Procter & Gamble 215,640		Royal Dutch Shell 156,386.7		Royal Dutch Shell 175,986.1		General Electric 161,278

2007

Fourth quarter This Financial Times–based list is up to date as of December 31, 2007.^[40] Indicated changes in rank and market value are relative to the previous quarter.

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	Hong Kong	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	The Netherlands	Oil and gas	269,544
9	AT&T	United States	Telecommunications	252,051
10	Sinopec	China	Oil and gas	249,645

Third quarter This Financial Times–based list is up to date as of September 28, 2007.^[41] Indicated changes in rank and market value are relative to the previous quarter.

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	Hong Kong	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	The 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

Second quarter This Financial Times–based list is up to date as of June 29, 2007.^[42] Indicated changes in rank and market value are relative to the previous quarter.

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	The 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

First quarter This Financial Times–based list is up to date as of 30 March 2007.^[43] Indicated changes in rank and market value are relative to the previous quarter.

Rank	Name	Headquarters	Primary industry	Market value (USD million)
1	Exxon Mobil	United States	Oil and gas	429,567
2	General Electric	United States	Conglomerate	363,611
3	Microsoft	United States	Software industry	272,912
4	Citigroup	United States	Banking	252,857
5	AT&T	United States	Telecommunications	246,206
6	Gazprom	Russia	Oil and gas	245,911
7	Toyota Motor Corporation	Japan	Automotive	230,832
8	Bank of America	United States	Banking	228,177
9	Industrial and Commercial Bank of China	China	Banking	224,788
10	Royal Dutch Shell	The Netherlands	Oil and gas	214,018

2006

Fourth quarter This Financial Times–based list is up to date as of December 2006.^[44] Indicated changes in rank and market value are relative to the previous quarter.

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	The Netherlands	Oil and gas	225,781
10	BP	United Kingdom	Oil and gas	218,643

Third quarter This Financial Times–based list is up to date as of 30 September 2006.^[45] Indicated changes in rank and market value are relative to the previous quarter.

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	The 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

Second quarter This Financial Times–based list is up to date as of 30 June 2006.^[46] Indicated changes in rank and market value are relative to the previous quarter.

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	The 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

First quarter This Financial Times–based list is up to date as of March 2006.^[47] Indicated changes in rank and market value are relative to the previous quarter.

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	The 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

2004

This Financial Times–based list is up to date as of 31 March 2005.^[48]

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

2003

This Financial Times–based list is up to date as of 31 March 2004.^[49]

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

2002

This Financial Times–based list is up to date as of 31 March 2003.^[50]

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

2001

This Financial Times–based list is up to date as of 31 March 2002.^[51]

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	The Netherlands	Oil and gas	189,913

2000

This Financial Times–based list is up to date as of 31 March 2001.^[52]

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	The Netherlands	Oil and gas	206,340

1996–1999

Click to reveal information for 1996–1999 

This Financial Times–based list is up to date as of 31 March 2000.^[53]

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

1998

This Financial Times–based list is up to date as of 30 September 1998.^[54]

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	The 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

1997

This Financial Times–based list is up to date as of 30 September 1997.^[55]

Rank	Name	Headquarters	Primary industry	Market value (USD million)
1	General Electric	United States	Conglomerate	222,748
2	Royal Dutch Shell	The Netherlands	Oil and gas	191,002
3	Microsoft	United States	Software industry	159,660
4	Exxon Mobil	United States	Oil and gas	157,970
5	The Coca-Cola Company	United States	Beverage	151,288
6	Intel Corporation	United States	Computer hardware	150,838
7	Nippon Telegraph and Telephone	Japan	Telecommunications	146,139
8	Merck	United States	Health care	120,757
9	Toyota Motor Corporation	Japan	Automotive	116,585
10	Novartis	Switzerland	Health care	104,468

1996

This Financial Times–based list is up to date as of 30 September 1996.^[56]

Rank	Name	Headquarters	Primary industry	Market value (USD million)
1	General Electric	United States	Conglomerate	136,515
2	Royal Dutch Shell	The Netherlands	Oil and gas	128,206
3	The Coca-Cola Company	United States	Beverage	117,258
4	Nippon Telegraph and Telephone	Japan	Telecommunications	113,609
5	Exxon Mobil	United States	Oil and gas	102,161

Non-public companies

This Financial Times Non-Public 150 based list is up to date as of December, 2006. All companies in top 10 are government-owned corporations. Figures are in USD millions.

Rank	2006 [57]
1		Saudi Aramco 781,000
2		Pemex 415,000
3		Petróleos de Venezuela 388,000
4		Kuwait Petroleum Corporation 378,000
5		Petronas 232,000
6		Sonatrach 224,000
7		National Iranian Oil Company 220,000
8		Japan Post (priv. 2007) 156,000
9		Pertamina 140,000
10		Nigerian National Petroleum Corporation 120,000

See also

• List of largest companies by revenue
• List of companies by employees
• List of companies by profit and loss
• List of wealthiest organizations

References

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2. Microsoft_2000 Annual Report Quarterly Information. Microsoft.com. Retrieved on 2013-10-16.
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5. "PetroChina opens at 48.6 yuan per share in Shanghai debut, up 191%".
6. "Apple market value hits $600B". Yahoo Finance. 10 April 2012.
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