The Biggest Companies successful the World successful 2022
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This twelvemonth has been shaped by uncomfortable macroeconomic headwinds.
Trillions of dollars were erased successful nationalist institution marketplace capitalizations, capitalist assurance waned, and outgo pressures squeezed user pocketbooks.
Taken together, galore of the world’s largest companies experienced crisp declines successful marketplace share. Still, a fewer companies successful cardinal sectors had affirmative maturation implicit the year.
As 2022 comes to a close, the supra infographic shows the biggest companies successful the world, utilizing information from Companiesmarketcap.com.
The World’s Largest Public Companies successful 2022
Today, Apple stands arsenic the world’s astir invaluable company, towering astatine a $2.3 trillion valuation.
Despite the tech downturn of 2022—driven by rising involvement rates and slower sales—Apple maintained its apical spot. This was mostly acknowledgment to grounds revenues and steadfast user request for iPhones, which thrust astir half of its full revenue.
Following Apple is Microsoft. Unlike Apple, Microsoft has faced slower net implicit the twelvemonth owed to little request for idiosyncratic computers and the weighing interaction of a strong U.S. dollar. Overall, astir 50% of the company’s income instrumentality spot overseas.
As we amusement below, determination are present lone 4 companies near successful the trillion dollar marketplace cap club.
|3||Saudi Aramco||$1.8T||Energy||🇸🇦 Saudi Arabia|
|5||Amazon||$924B||Consumer Discretionary||🇺🇸 U.S.|
|6||Berkshire Hathaway||$686B||Financials||🇺🇸 U.S.|
|7||Tesla||$522B||Consumer Discretionary||🇺🇸 U.S.|
|8||UnitedHealth Group||$510B||Health Care||🇺🇸 U.S.|
|9||Johnson & Johnson||$465B||Health Care||🇺🇸 U.S.|
|12||Exxon Mobil||$437B||Energy||🇺🇸 U.S.|
|14||Walmart||$399B||Consumer Discretionary||🇺🇸 U.S.|
|16||JPMorgan Chase||$394B||Financials||🇺🇸 U.S.|
|17||LVMH||$377B||Consumer Discretionary||🇫🇷 France|
|18||Procter & Gamble||$361B||Consumer Staples||🇺🇸 U.S.|
|19||Eli Lilly||$349B||Health Care||🇺🇸 U.S.|
|21||Home Depot||$334B||Consumer Discretionary||🇺🇸 U.S.|
|23||Nestlé||$322B||Consumer Staples||🇨🇭 Switzerland|
|24||Kweichow Moutai||$313B||Consumer Staples||🇨🇳 China|
|25||Samsung||$306B||Technology||🇰🇷 South Korea|
|26||Meta (Facebook)||$304B||Technology||🇺🇸 U.S.|
|27||Pfizer||$293B||Health Care||🇺🇸 U.S.|
|28||AbbVie||$292B||Health Care||🇺🇸 U.S.|
|29||Novo Nordisk||$292B||Health Care||🇩🇰 Denmark|
|30||Coca-Cola||$277B||Consumer Staples||🇺🇸 U.S.|
|31||Merck||$276B||Health Care||🇺🇸 U.S.|
|32||Roche||$267B||Health Care||🇨🇭 Switzerland|
|33||Bank of America||$263B||Financials||🇺🇸 U.S.|
|34||Pepsico||$253B||Consumer Staples||🇺🇸 U.S.|
|36||Alibaba||$245B||Consumer Discretionary||🇨🇳 China|
|38||Thermo Fisher Scientific||$223B||Health Care||🇺🇸 U.S.|
|40||Costco||$216B||Consumer Discretionary||🇺🇸 U.S.|
|41||Astrazeneca||$215B||Health Care||🇬🇧 United Kingdom|
|42||Reliance Industries||$214B||Energy||🇮🇳 India|
|44||McDonald's||$203B||Consumer Discretionary||🇺🇸 U.S.|
|47||Danaher||$199B||Health Care||🇺🇸 U.S.|
|48||L'Oréal||$197B||Consumer Discretionary||🇫🇷 France|
|49||Toyota||$197B||Consumer Discretionary||🇯🇵 Japan|
|50||Novartis||$196B||Health Care||🇨🇭 Switzerland|
|51||Abbott Laboratories||$109B||Health Care||🇺🇸 U.S.|
|54||Nike||$175B||Consumer Discretionary||🇺🇸 U.S.|
|55||Walt Disney||$173B||Consumer Discretionary||🇺🇸 U.S.|
|56||Nextera Energy||$172B||Utilities||🇺🇸 U.S.|
|57||Hermès||$169B||Consumer Discretionary||🇫🇷 France|
|58||Bristol-Myers Squibb||$168B||Health Care||🇺🇸 U.S.|
|59||Linde||$166B||Basic Materials||🇬🇧 United Kingdom|
|60||Wells Fargo||$163B||Financials||🇺🇸 U.S.|
|61||Texas Instruments||$161B||Technology||🇺🇸 U.S.|
|62||BHP Group||$160B||Basic Materials||🇦🇺 Australia|
|64||Philip Morris||$159B||Consumer Staples||🇺🇸 U.S.|
|68||Morgan Stanley||$154B||Financials||🇺🇸 U.S.|
|69||China Construction Bank||$152B||Financials||🇨🇳 China|
|71||Charles Schwab||$150B||Financials||🇺🇸 U.S.|
|72||Amgen||$148B||Health Care||🇺🇸 U.S.|
|73||Raytheon Technologies||$146B||Industrials||🇺🇸 U.S.|
|74||Tata Consultancy||$146B||Technology||🇮🇳 India|
|75||CATL||$145B||Consumer Discretionary||🇨🇳 China|
|76||China Mobile||$145B||Telecommunications||🇨🇳 China|
|78||Agricultural Bank of China||$141B||Financials||🇨🇳 China|
|79||Netflix||$140B||Consumer Discretionary||🇺🇸 U.S.|
|83||CVS Health||$136B||Health Care||🇺🇸 U.S.|
|84||Dior||$136B||Consumer Discretionary||🇫🇷 France|
|90||Union Pacific||$133B||Industrials||🇺🇸 U.S.|
|91||Deere & Company||$132B||Industrials||🇺🇸 U.S.|
|92||Unilever||$130B||Consumer Staples||🇬🇧 United Kingdom|
|93||CM Bank||$130B||Financials||🇨🇳 China|
|94||HDFC Bank||$129B||Financials||🇮🇳 India|
|95||Elevance Health||$128B||Health Care||🇺🇸 U.S.|
|96||AIA||$128B||Financials||🇭🇰 Hong Kong|
|97||Lockheed Martin||$127B||Industrials||🇺🇸 U.S.|
|100||Lowe's||$124B||Consumer Discretionary||🇺🇸 U.S.|
*As of Dec 12, 2022.
Oil elephantine Saudi Aramco is the 3rd largest publicly-traded institution globally, astatine $1.8 trillion. It’s besides the lone non-U.S. institution successful the apical 10.
In May, the state-run institution concisely became the astir invaluable institution connected the satellite arsenic soaring vigor prices boosted earnings. Saudia Arabia is the largest exporter of lipid successful the world, and the country’s system is forecast to turn 7.6% successful 2022—one of the fastest globally.
Overall, 62 companies of the 100 largest are headquartered successful the U.S., 11 are based successful China, and 5 are located successful France.
Top 10 Performance successful 2022
For galore of the world’s largest companies, 2022 was a brutal twelvemonth for performance.
As the supra graphic shows, the immense bulk of the world’s titans saw their marketplace values decline. Half of these companies saw double-digit drops.
Tesla has witnessed astir 70% of its marketplace headdress being erased this year. Two main factors are down this drop: falling demand, particularly successful China, and CEO Elon Musk’s volatile and risky acquisition of Twitter.
On the different hand, UnitedHealth Group has seen the strongest show among the apical 10.
The company, which rakes successful a ample stock of its net from employer-backed security plans, said that recessionary impacts had not yet begun materializing successful 2022.
Biggest Companies successful the World, by Sector
Even with sinking marketplace values crossed the assemblage successful 2022, tech remains dominant.
Among the world’s biggest companies, 20 are successful tech, spanning a combined marketplace worth of $9.2 trillion. For perspective, that’s astir 31% of the marketplace worth of the 100 largest companies.
|2||🚗 Consumer Discretionary||$4.7T||17||Amazon|
|3||🩺 Health Care||$4.3T||17||UnitedHealth Group|
|4||🛢️ Energy||$3.4T||8||Saudi Aramco|
|5||💵 Financials||$3.0T||14||Berkshire Hathaway|
|7||🥫 Consumer Staples||$1.8T||7||Procter & Gamble|
|9||⛏️ Basic Materials||$326B||2||Linde|
|10||🔌 Utilities||$127B||1||Nextera Energy|
Companies are classified according to the FTSE Russell Industry Classification Benchmark. *As of Dec 12, 2022.
Consumer discretionary and wellness attraction sectors autumn adjacent successful line, with large players specified arsenic Amazon and Johnson & Johnson among their ranks.
At the different extremity of the spectrum is utilities, the smallest assemblage wide astatine slightest pertaining to the largest companies list. NextEra Energy, the sole utilities institution among the rankings is 1 of the world’s largest developers of upwind and star energy. Over the adjacent 3 years, it plans to put up to $95 cardinal successful greening its powerfulness operations.
Change of Fortune
It comes arsenic nary astonishment that galore of the biggest companies successful the satellite are long-established players successful planetary markets.
Yet wrong the rankings, immoderate of the notable risers compared to 2021 are UnitedHealth Group, which launched from #19 successful 2021 to #8 this twelvemonth and NVIDIA which has climbed to go the 11th largest institution globally, up from #24 past year.
By contrast, immoderate of the biggest losers are Meta (Facebook’s genitor company) and Alibaba. Meta has fallen crossed the rankings to #26 successful 2022 from #6 successful 2021. Meanwhile, Alibaba was erstwhile the ninth largest globally but has tumbled to #36. Both companies person seen sizeable worth wiped from their marketplace caps—roughly 66% and 28%, respectively—amid lagging earnings.
With the twelvemonth coming to a close, it remains to beryllium seen whether the world’s biggest companies signifier a comeback successful 2023, oregon look much challenging conditions ahead.