Sat. Mar 2nd, 2024
The Largest Companies in the World according to Poets&Quants

Microsoft Square, located in downtown Los Angeles, has been ranked as the world’s largest company by market cap, according to a recent study. The study, conducted by CEOWORLD Magazine, ranked the world’s largest companies based on their market capitalization, which refers to the total dollar value of their outstanding shares of stock. Among the top companies were Microsoft with a $3 trillion market cap, Apple with a $2.87 trillion market cap, Saudi Arabian Oil Company with a $2 trillion market cap, Amazon with a $1.87 trillion market cap, and Alphabet Inc. with a $1.77 trillion market cap.

The ranking included 50 companies from 12 different countries, including the United States, Saudi Arabia, Taiwan, Denmark, and France. The total revenue for all of these companies was $29.63 trillion – equivalent to 6.7 times Germany’s GDP – according to sources from CEOWORLD Magazine and Investopedia.

Despite some newcomers on the list such as Home Depot and Adobe that weren’t on last year’s ranking; many U.S.-based companies like Microsoft and Apple retained their positions at the top this year. This demonstrates how dominant American businesses are in today’s global economy.

By Editor

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