This list comprises the world’s largest companies by consolidated 2020 revenue, according to the Fortune Global 500 latest tally published on August 10, 2020. American retail corporation Walmart has been the world’s largest company by revenue since 2014.
The list is limited to the top 50 companies, all of which have annual revenues exceeding US$108 billion. Only companies that publish financial data and report figures to a government agency are included. Therefore, this list is incomplete.
List
State-owned enterprise (government owns 50% or more)
| Rank | Name | Industry | Revenue | Profit | Employees | Headquarters | Ref |
|---|---|---|---|---|---|---|---|
| USD Millions | |||||||
| 1 | Walmart | Retail |  $559,200 |
$19,742 | 2,300,000 |  United States |
|
| 2 | Sinopec Group | Oil and gas |  $407,009 |
$6,793 | 582,648 |  China |
|
| 3 | Amazon | Retail | $386,064 |
$17,377 | 1,298,000 | United States |
|
| 4 | State Grid | Electricity | $383,906 |
$7,970 | 907,677 | China |
|
| 5 | China National Petroleum | Oil and gas | $379,130 |
$4,433 | 1,344,410 | China |
|
| 6 | Royal Dutch Shell | Oil and gas | $344,379 |
$15,842 | 83,000 |  Netherlands |
|
| 7 | Saudi Aramco | Oil and gas | $329,784 |
$88,211 | 79,000 |  Saudi Arabia |
|
| 8 | Volkswagen | Automotive | $282,760 |
$15,542 | 671,205 |  Germany |
|
| 9 | BP | Oil and gas | $282,610 |
$4,026 | 72,500 |  United Kingdom |
|
| 10 | Toyota | Automotive | $275,288 |
$19,096 | 359,542 |  Japan |
|
| 11 | Apple | Electronics | $274,515 |
$55,256 | 147,000 | United States |
|
| 12 | ExxonMobil | Oil and gas | $264,938 |
$14,340 | 74,900 | United States |
|
| 13 | CVS Health | Healthcare | $256,776 |
$6,634 | 290,000 | United States |
|
| 14 | Berkshire Hathaway | Financials | $254,616 |
$81,417 | 391,500 | United States |
|
| 15 | UnitedHealth | Healthcare | $242,155 |
$13,839 | 325,000 | United States |
|
| 16 | McKesson | Healthcare | $231,051 |
$900 | 70,000 | United States |
|
| 17 | Glencore | Commodities | $215,111 |
-$404 | 88,246 |  Switzerland |
|
| 18 | China State Construction | Construction | $205,839 |
$3,333 | 335,038 | China |
|
| 19 | Samsung Electronics | Electronics | $197,705 |
$18,453 | 287,439 |  South Korea |
|
| 20 | Daimler | Automotive | $193,346 |
$2,661 | 298,655 | Germany |
|
| 21 | Ping An Insurance | Financials | $184,280 |
$21,627 | 372,194 | China |
|
| 22 | Alphabet | Information technology | $182,530 |
$34,343 | 135,301 | United States |
|
| 23 | AT&T | Telecommunications | $181,193 |
$13,903 | 247,800 | United States |
|
| 24 | AmerisourceBergen | Healthcare | $179,589 |
$855 | 21,500 | United States |
|
| 25 | ICBC | Financials | $177,069 |
$45,194 | 445,106 | China |
|
| 26 | Total | Oil and gas | $176,249 |
$11,267 | 107,776 |  France |
|
| 27 | Foxconn | Electronics | $172,869 |
$3,731 | 754,404 |  Taiwan |
|
| 28 | Trafigura | Commodities | $171,474 |
$872 | 5,106 |  Singapore |
|
| 29 | Exor | Holding company | $162,754 |
$3,417 | 268,979 | Netherlands |
|
| 30 | China Construction Bank | Financials | $158,884 |
$38,610 | 370,169 | China |
|
| 31 | Ford | Automotive | $155,900 |
$47 | 190,000 | United States |
|
| 32 | Cigna | Healthcare | $153,566 |
$5,104 | 73,700 | United States |
|
| 33 | Costco | Retail | $152,703 |
$3,659 | 201,500 | United States |
|
| 34 | AXA | Financials | $148,984 |
$4,317 | 99,843 | France |
|
| 35 | Agricultural Bank of China | Financials | $147,313 |
$30,701 | 467,631 | China |
|
| 36 | Chevron | Oil and gas | $146,516 |
$2,924 | 48,200 | United States |
|
| 37 | Cardinal Health | Healthcare | $145,534 |
$1,363 | 49,500 | United States |
|
| 38 | Microsoft | Information technology | $143,000 |
$39,420 | 144,000 | United States |
|
| 39 | JPMorgan Chase | Financials | $142,422 |
$36,431 | 256,981 | United States |
|
| 40 | Honda | Automotive | $137,332 |
$4,192 | 218,674 | Japan |
|
| 41 | General Motors | Automotive | $137,237 |
$6,732 | 164,000 | United States |
|
| 42 | Walgreens Boots Alliance | Retail | $136,866 |
$3,982 | 287,000 | United States |
|
| 43 | Mitsubishi | Conglomerate | $135,940 |
$4,924 | 86,098 | Japan |
|
| 44 | Bank of China | Financials | $135,091 |
$27,127 | 309,384 | China |
|
| 45 | Verizon | Telecommunications | $131,244 |
$19,265 | 135,000 | United States |
|
| 46 | China Life Insurance | Insurance | $131,244 |
$4,660 | 180,401 | China |
|
| 47 | Allianz | Financials | $130,359 |
$8,858 | 147,268 | Germany |
|
| 48 | Marathon Petroleum | Oil and gas | $124,813 |
$2,637 | 60,910 | United States |
|
| 49 | Huawei | Electronics | $124,316 |
$9,062 | 194,000 | China |
|
| 50 | China Railway Engineering Corporation | Construction | $123,324 |
$1,535 | 302,394 | China |
|