Forbes Global 2000

The Forbes Global 2000 is an annual ranking of the top 2,000 public companies in the world by Forbes magazine. The ranking is based on a mix of four metrics: sales, profit, assets and market value.[1] The list has been published since 2003.

The Forbes Global 2000 is a useful indicator of which are the leading public companies in the world, but it is only an interpretation, as only public companies are listed. The results are not definitive; any change to the criteria would produce a different list.

% Profit vs Sales

2020 list

In 2020, the ten largest companies as calculated by this method were:[2]

2020 Top ten
Rank	Company	Headquarters	Industry	Sales (billion $)	Profits (billion $)	Assets (billion $)	Market value (billion $)
1	Industrial and Commercial Bank of China	Beijing	Banking, financial Service	177.2	45.3	4322.5	242.3
2	China Construction Bank	Beijing	Banking, financial services	162.1	38.9	3822	203.8
3	JPMorgan Chase	New York City	Banking, financial services	142.9	30	3139.4	291.7
4	Berkshire Hathaway	Omaha	Banking, financial services	254.6	81.4	817.7	455.4
5	Agricultural Bank of China	Beijing	Banking, financial services	148.7	30.9	3697.5	147.2
6	Saudi Aramco	Dhahran	Oil and gas	329.8	88.2	398.3	1284.8
7	Ping An Insurance	Shenzhen	Financial services	155	18.8	1218.6	187.2
8	Bank Of America	Charlotte	Banking, financial services	112.1	24.1	2620	208.6
9	Apple Inc	Cupertino	Computing	267.7	57.2	320.4	1285.5
10	Bank of China	Beijing	Banking, financial service	138.6	46.3	285.4	1258.8

Read Complete Forbes GLOBAL 2000 (2020)

2019 list

In 2019, the ten largest companies as calculated by this method were:[3]

2019 Top ten
Rank	Company	Headquarters	Industry	Sales (billion $)	Profits (billion $)	Assets (billion $)	Market value (billion $)
1	Industrial and Commercial Bank of China	Beijing	Banking, financial services	175.9	45.2	4034.5	305.1
2	JPMorgan Chase	New York	Banking, financial services	132.9	32.7	2737.2	368.5
3	China Construction Bank	Beijing	Banking, financial services	150.3	38.8	3382.4	225
4	Agricultural Bank of China	Beijing	Banking, financial services	137.5	30.9	3293.1	197
5	Bank of America	Charlotte	Banking, financial services	111.9	28.5	2377.2	287.3
6	Apple Inc	Cupertino	Computing	261.7	59.4	373.7	961.3
7	Ping An Insurance Group	Shenzhen	Insurance	151.8	16.3	1038.3	220.2
8	Bank of China	Beijing	Banking, financial services	126.7	27.5	3097.6	143
9	Royal Dutch Shell	The Hague	Oil & Gas	382.6	23.3	399.2	264.9
10	Wells Fargo	San Francisco	Banking, financial services	101.5	23.1	1887.8	214.7

Forbes' ranking of the world's largest public companies in 2019, account for more than $40 trillion in annual revenue and upwards of $186 trillion in global assets

2018 list

In 2018, the ten largest companies as calculated by this method were:[4]

2018 Top ten
Rank	Company	Headquarters	Industry	Sales (billion $)	Profits (billion $)	Assets (billion $)	Market value (billion $)
1	Industrial and Commercial Bank of China	Beijing	Banking, financial services	165.3	43.7	4210.9	311
2	China Construction Bank	Beijing	Banking, financial services	143.2	37.1	3631.6	261.2
3	JPMorgan Chase	New York	Banking, financial services	118.2	26.5	2609.8	387.7
4	Berkshire Hathaway	Omaha	Conglomerate	235.2	39.7	702.7	491.9
5	Agricultural Bank of China	Beijing	Banking, financial services	129.3	29.6	3439.3	184.1
6	Bank of America	Charlotte	Banking, financial services	92.2	16.6	2196.8	231.9
7	Wells Fargo	San Francisco	Banking, financial services	103.0	21.7	1915.4	265.3
8	Apple Inc	Cupertino	Computing	247.5	53.3	367.5	926.9
9	Bank of China	Beijing	Banking, financial services	118.2	26.4	3204.2	158.6
10	Ping An Insurance Group	Shenzhen	Insurance	141.6	13.9	1066.4	181.4

As a group, the Forbes Global 2000 in year 2018 accounts for $39.1 trillion in sales, $3.2 trillion in profit, $189 trillion in assets and $56.8 trillion in market value

By industry sector

The top-ranked companies in each industry sector are as follows.

2018 Top company by sector
Sector	Company	Headquarters	Overall rank	Sales (billion $)	Profits (billion $)	Assets (billion $)	Market value (billion $)
Advertising	WPP	London	0301#301	18.7	1.8	42.4	30.1
Aerospace & Defense	Boeing	Chicago	0076#76	96.1	5.2	94.4	85.3
Air Courier	United Parcel Service	Sandy Springs	0146#146	58.1	4.8	38.3	93.3
Airline	Delta Air Lines	Atlanta	0170#170	40.5	4.7	53.3	34.4
Aluminum	Alcoa	New York	0757#757	21.7	-0.3	36.1	13.7
Apparel/Accessories	Christian Dior	Paris	0216#216	41.6	1.7	68.1	31.4
Apparel/Footwear Retail	Inditex	A Coruña	0310#310	23.1	3.2	18.8	103.2
Auto & Truck Manufacturers	Toyota Motor	Toyota	0010#10	235.8	19.3	406.7	177.0
Auto & Truck Parts	Continental	Hanover	0209#209	43.5	3.0	36.7	43.7
Beverages	Anheuser-Busch InBev	Leuven	0056#56	43.6	8.3	136.5	204.6
Biotechs	Gilead Sciences	Foster City	0118#118	32.2	18.1	51.8	138.1
Broadcasting & Cable	Comcast	Philadelphia	0035#35	74.5	8.2	166.6	148.2
Business & Personal Services	Alibaba	Hangzhou	0174#174	15.0	11.0	56.2	200.7
Business Products & Supplies	Canon	Tokyo	0254#254	31.4	1.8	36.8	40.4
Casinos & Gaming	Las Vegas Sands	Paradise	0432#301	11.4	1.8	21.0	37.2
Communications Equipment	Cisco Systems	San Jose	0063#63	49.6	10.3	112.6	141.7
Computer & Electronics Retail	Best Buy	Richfield	0637#637	39.5	0.9	13.5	10.7
Computer Hardware	Apple	Cupertino	0008#8	233.3	53.7	293.3	586.0
Computer Services	Alphabet	Mountain View	0027#27	77.2	17.0	149.7	500.1
Computer Storage Devices	EMC	Hopkinton	0231#231	24.6	2.0	45.7	51.9
Conglomerates	Siemens	Munich	0051#51	85.5	6.5	133.9	91.8
Construction Materials	Saint-Gobain	Courbevoie	0256#256	43.9	1.4	48.7	25.6
Construction Services	China State Construction Engineering	Beijing	0114#114	135.0	4.1	165.6	25.6
Consumer Electronics	Sony	Tokyo	0192#192	67.9	1.1	142.2	34.1
Consumer Financial Services	American Express	New York	0095#95	34.6	5.0	159.0	63.2
Containers & Packaging	Amcor	Hawthorn	0966#966	9.3	0.7	8.2	13.6
Department Stores	Macy's	New York	0515#515	27.1	1.1	20.6	12.8
Discount Stores	Wal-Mart Stores	Bentonville	0015#15	482.1	14.7	199.6	215.7
Diversified Chemicals	BASF	Ludwigshafen	0094#94	78.1	4.4	80.1	73.2
Diversified Insurance	Ping An Insurance Group	Shenzhen	0020#20	98.7	8.7	732.3	90.0
Diversified Metals & Mining	China Shenhua Energy	Beijing	0167#167	27.3	2.6	85.3	43.1
Diversified Utilities	Veolia Environnement	Paris	0526#526	27.7	0.5	39.0	13.3
Drug Retail	CVS Health	Woonsocket	0062#62	153.3	5.2	93.7	110.8
Electric Utilities	Korea Electric Power	Seoul	0097#97	52.1	11.7	149.5	33.1
Electrical Equipment	Schneider Electric	Rueil-Malmaison	0248#117	29.5	1.6	46.3	39.3
Electronics	Hon Hai Precision	New Taipei City	0117#117	141.2	4.6	70.3	39.2
Environmental & Waste	Waste Management	Houston	0549#549	13.0	0.8	20.9	25.1
Food Processing	Nestlé	Vevey	0033#33	92.2	9.4	123.9	235.7
Food Retail	Kroger	Cincinnati	0223#223	109.8	2.0	34.9	34.2
Forest Products	Empresas CMPC	Santiago	1943#1943	4.8	0.3	14.8	5.4
Furniture & Fixtures	Steinhoff International	Stellenbosch	0440#440	13.3	1.4	25.1	22.8
Healthcare Services	Express Scripts	St. Louis	0145#145	101.8	2.5	54.0	46.5
Heavy Equipment	Caterpillar	Peoria	0155#155	47.0	2.1	78.5	45.6
Home Improvement Retail	Home Depot	Atlanta	0112#112	88.5	7.0	42.5	169.8
Hotels/Motels	Carnival	Miami	0311#311	15.8	1.9	38.4	37.8
Household Appliances	Midea Group	Foshan	0402#402	22.0	2.0	19.8	20.2
Household/Personal Care	Procter & Gamble	Cincinnati	0039#39	69.4	8.4	129.1	218.9
Insurance Brokers	Aon	London	0420#420	11.7	1.4	27.2	27.9
Internet & Catalog Retail	Amazon.com	Seattle	0237#237	107.0	0.6	67.7	292.6
Investment Services	Berkshire Hathaway	Omaha	0004#4	210.8	24.1	561.1	360.1
Iron & Steel	Citic Pacific	Hong Kong	0061#61	53.8	5.4	877.8	45.4
Life & Health Insurance	Japan Post Holdings	Tokyo	0029#29	129.8	4.4	2,450.7	62.6
Major Banks	ICBC	Beijing	0001#1	171.1	44.2	3,420.3	198.0
Managed Health Care	UnitedHealth Group	Minnetonka	0041#41	165.9	6.0	117.9	127.5
Medical Equipment & Supplies	Johnson & Johnson	New Brunswick	0032#32	70.2	15.4	133.4	312.6
Natural Gas Utilities	Gas Natural Fenosa	Barcelona	0287#287	28.8	1.7	52.3	20.6
Oil & Gas Operations	ExxonMobil	Irving	0009#9	236.8	16.2	336.8	363.3
Oil Services & Equipment	Schlumberger	Houston	0176#176	31.7	1.6	69.1	111.1
Other Industrial Equipment	Eaton	Dublin	0315#315	20.9	2.0	31.0	28.9
Other Transportation	Møller-Maersk	Copenhagen	0306#306	40.3	0.7	64.1	30.7
Paper & Paper Products	International Paper	Memphis	0426#426	22.4	0.9	30.6	17.8
Pharmaceuticals	Pfizer	New York	0046#46	48.9	7.7	167.5	205.7
Precision Healthcare Equipment	Thermo Fisher Scientific	Waltham	0267#267	17.0	2.0	40.9	57.8
Printing & Publishing	Thomson Reuters	New York	0405#405	12.2	1.3	29.1	30.9
Property & Casualty Insurance	Travelers	New York	0165#165	26.9	3.4	102.0	32.4
Railroads	Union Pacific	Omaha	0172#172	21.0	4.6	55.8	75.4
Real Estate	China Vanke	Shenzhen	0185#185	31.1	2.9	94.1	27.7
Recreational Products	Activision Blizzard	Santa Monica	0842#842	4.6	0.9	15.3	25.5
Regional Banks	China Construction Bank	Beijing	0002#2	146.8	36.4	2,826.0	162.8
Rental & Leasing	Mitsubishi UFJ Lease	Tokyo	1075#1075	6.7	0.5	42.3	4.2
Restaurants	McDonald's	Oak Brook	0189#189	25.4	4.8	37.9	110.1
Security Systems	Secom	Tokyo	0854#854	7.1	0.6	13.2	18.1
Semiconductors	Samsung Electronics	Seoul	0018#18	177.3	16.5	206.5	161.6
Software & Programming	Microsoft	Redmond	0023#23	86.6	10.2	181.9	407.0
Specialized Chemicals	Air Liquide	Paris	0313#313	18.2	1.9	31.4	40.5
Specialty Stores	Richemont	Bellevue	0416#416	12.4	1.7	21.2	37.6
Telecommunications services	AT&T	Dallas	0012#12	146.8	13.2	402.7	234.2
Thrifts & Mortgage Financing	Aareal Bank	Wiesbaden	1381#1381	1.4	0.4	57.2	2.1
Tobacco	British American Tobacco	London	0177#177	20.0	6.6	46.5	111.0
Trading Companies	Mitsubishi Corp	Tokyo	0136#136	59.8	2.7	135.7	27.7
Trucking	Yamato Holdings	Tokyo	1306#1306	11.7	0.3	9.3	8.6

2017 list

In 2017, the ten largest companies as calculated by this method were:[5]

2017 Top ten
Rank	Company	Headquarters	Industry	Sales (billion $)	Profits (billion $)	Assets (billion $)	Market value (billion $)
1	ICBC	Beijing	Banking, financial services	151.4	42.0	3473.2	229.8
2	China Construction Bank	Beijing	Banking, financial services	134.2	35.0	3016.6	200.5
3	Berkshire Hathaway	Omaha	Conglomerate	222.9	24.1	620.9	409.9
4	JPMorgan Chase	New York	Banking, financial services	102.5	24.2	2513.0	306.6
5	Wells Fargo	San Francisco	Banking, financial services	97.6	21.9	1943.4	274.4
6	Agricultural Bank of China	Beijing	Banking, financial services	115.7	27.8	2816.0	149.2
7	Bank of America	Charlotte	Banking, financial services	92.2	16.6	2196.8	231.9
8	Bank of China	Beijing	Banking, financial services	113.1	24.9	2611.5	141.3
9	Apple	Cupertino	Computing	217.5	45.2	331.1	752.0
10	Toyota Motor	Toyota	Automotive	249.9	17.1	412.5	171.9

2016 list

In 2016, the ten largest companies as calculated by this method were:[6]

2016 Top ten
Rank	Company	Headquarters	Industry	Sales (billion $)	Profits (billion $)	Assets (billion $)	Market value (billion $)
1	ICBC	Beijing	Banking, financial services	171.1	44.2	3,420.2	198
2	China Construction Bank	Beijing	Banking, financial services	146.8	36.4	2,826	162.8
3	Agricultural Bank of China	Beijing	Banking, financial services	131.9	28.8	2,739.8	152.7
4	Berkshire Hathaway	Omaha	Conglomerate	210.8	24.1	561.1	360.1
5	JPMorgan Chase	New York	Banking, financial services	99.9	23.5	2,423.8	234.2
6	Bank of China	Beijing	Banking, financial services	122	27.2	2,589.6	143
7	Wells Fargo	San Francisco	Banking, financial services	91.4	22.7	1,849.2	256
8	Apple	Cupertino	Computing	233.3	53.7	293.3	586
9	ExxonMobil	Irving	Oil and gas	236.8	16.2	336.8	363.3
10	Toyota Motor	Toyota	Automotive	235.8	19.3	406.7	177

References

Andrea Murphy (6 May 2015). 2015 Global 2000: Methodology. Forbes. Accessed December 2015.
"Global 2000 - The World's Largest Public Companies 2020". Forbes. Retrieved 2020-05-13.
"Global 2000: The World's Largest Public Companies". Forbes.com. 2019-05-15. Retrieved 2019-06-03.
Stoller, Kristin (June 6, 2018). "Global 2000: The World's Largest Public Companies 2018". Forbes. Retrieved May 30, 2019.
"The World's Largest Public Companies 2017". Forbes.com. Retrieved November 23, 2018.
"The World's Largest Companies 2016". Forbes.com. Retrieved November 23, 2018.

External links

Forbes.com: full list of the Forbes 2019 Global 2000

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[method-1] Andrea Murphy (6 May 2015). 2015 Global 2000: Methodology. Forbes. Accessed December 2015.

[2] "Global 2000 - The World's Largest Public Companies 2020". Forbes. Retrieved 2020-05-13.

[3] "Global 2000: The World's Largest Public Companies". Forbes.com. 2019-05-15. Retrieved 2019-06-03.

[4] Stoller, Kristin (June 6, 2018). "Global 2000: The World's Largest Public Companies 2018". Forbes. Retrieved May 30, 2019.

[5] "The World's Largest Public Companies 2017". Forbes.com. Retrieved November 23, 2018.

[6] "The World's Largest Companies 2016". Forbes.com. Retrieved November 23, 2018.