largest companies in the world

Largest Companies in the World by Market Capitalization

Last Updated on November 29, 2023 by Prakash Kolli

Largest Companies in the World in 2023

The 2022 bear market in tech stocks reordered the ranking of the largest companies by market capitalization. However, the nascent tech recovery in 2023 has caused some companies to recover. Here are the 10 largest companies in the World in November 2023 ranked by market capitalization.

A list of the 100 largest companies by market capitalization with select financial data is included at the bottom of the article.


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1. Apple

Apple (AAPL)
Apple (AAPL)
Photo Credit: Deposit Photos

Apple (AAPL) is by far the largest company in America and the World. The company is worth an astounding $2.975 trillion, several hundred billion more than the next. That said, Apple was worth nearly $3 trillion at its peak. However, fears of a soft mobile phone market have kept investors away.

2. Microsoft

Microsoft
Microsoft (MSFT)
Photo Credit: Deposit Photos

Microsoft (MSFT) is a diversified technology conglomerate with enterprise and retail hardware and software businesses. Behind Apple, the firm has been No. 2 in market capitalization for a few years. it is worth $2.808 trillion. In addition, the company is known for its AAA-rated balance sheet and an A+ dividend quality grade. Microsoft is probably on of the safest dividend stocks. It also makes our list of top dividend growth stocks.

3. Saudi Aramco

Saudi AramcoSaudi Aramco (ARMCO)
Photo Credit: Deposit Photos
Saudi Aramco (ARMCO)
Photo Credit: Deposit Photos

Saudi Aramco (ARMCO) is the only non-American company in the top ten largest companies in the world. It is also the only Saudi Arabian company on the list. The firm is worth $2.159 trillion. The firm has more revenue and profit than Apple because of high oil prices. But it’s a commodity, and the cost of oil may eventually come down.

4. Alphabet (Google)

Alphabet
Alphabet (GOOG, GOOGL)
Photo Credit: Deposit Photos

Alphabet (GOOG, GOOGL) is no stranger to most readers. Most of us use the company’s Chrome search engine daily, watch a video on YouTube, use an Android operating system, or have a Pixel phone. Google’s ubiquity on the internet and hold on search advertising has allowed the market capitalization to reach $1.741 trillion.

5. Amazon

Amazon
Amazoninc.com (AMZN)
Photo Credit: Deposit Photos

Amazoninc.com (AMZN) dominates online retail. Millions of people buy items through the company daily. Amazon is also a market leader in the cloud and owns Whole Foods. Amazon has grown to a $1.516 trillion company. The stock price is down almost half since its peak. But still, it has made Jeff Bezos and MacKenzie Scott wealthy.

6. Nvidia

Nvidia
Nvidia (NVDA)
\Photo Credit: Deposit Photos

Nvidia (NVDA) may be the least well-known stock on the list. But gamers and those who know artificial intelligence know about the company’s leadership in graphics, AI, data centers, cryptocurrency mining, etc., chips. Leadership in this area has allowed Nvidia to reach a market value of $1.203 trillion, enough to be number six on this list of largest companies in the world.

7. Meta Platforms (Facebook)

Meta Platforms
Meta Platforms (META)
Photo Crediti: Deposit Photos

Meta Platforms (META) is better known as the parent of Facebook. This is another tech stock whose share price has plunged. Meta is facing several challenges, and investors sold the shares. However, the stock price has bounced back as the company cuts costs. Meta’s current valuation of $877.58 billion is enough to be seventh of largest companies in the world.

8. Berkshire Hathaway

Berkshire Hathaway
Berkshire Hathaway (BRK.A, BRK.B)
Photo Credit: Deposit Photos

Almost all investors know Berkshire Hathaway (BRK.A. BRK.B). At $787.16 billion, it is the largest conglomerate in the United States with diverse operations in energy, railroads, freight, flooring, insurance, etc. The company has also made Warren Buffett’s net worth exceed $100 billion. Buffett’s partner Charlie Munger’s net worth has also increased.

9. Tesla

Tesla
Tesla (TSLA)
Photo Credit: Deposit Photos

Tesla (TSLA) is the global leader in electric vehicles. Its CEO built a car company, advancing vehicle batteries, charging, autonomous vehicles, etc. Consumers liked what they saw and were paying a premium for the cars. Tesla’s stock price soared but has dropped more than 50% from its peak. Still, Tesla is No. 9 on this list of largest companies in the world, with a value of $744.53 billion.

10. Eli Lilly

Eli Lilly
Eli Lilly (LLY)
Photo Credit: Deposit Photos

Eli Lilly (LLY) is the first pharmaceutical company on the list. It researches, develops, and commercializes therapies. It focuses on oncology, arthritis, diabetes, and anti-obesity therapies. The company’s price is surging because of recent weight loss drug approvals. The firm is worth $564.92 billion, making it the pharma company with the highest market capitalization.


11. Visa

Visa
Visa (V)
Photo Credit: Deposit Photos

Visa (V) is the first financial company in the list. It used to be in the top ten but dropped out after Eli Lilly passed it. Almost every consumer who owns a credit card knows of the company. After operating as a private company for decades, the firm has grown dramatically since its IPO in 2008. Today, it is the leader in credit card payments, with 50% market share. Visa is worth $520.97 billion.

Disclosure: Long MSFT, AAPL, and V.

Largest Companies by Market Capitalization

Stock Rover* was used for creating this table.

TickerCompanyDividend YieldEPS 5-Year Avg (%)Dividend 5-Year Avg (%)Dividend 10-Year Avg (%)Payout RatioPrice / EarningsCap ($M USD)
AAPLApple0.50%15.50%5.60%8.60%15.30%31.1$2,961,243
MSFTMicrosoft0.80%33.50%10.30%10.40%26.20%37$2,844,326
GOOGLAlphabet- 31.40%- - - 26.3$1,726,822
GOOGAlphabet- 31.40%- - - 26.5$1,723,569
AMZNAmazon.com- 16.40%- - - 76.9$1,519,412
NVDANVIDIA0.00%32.30%1.30%7.50%2.10%62.9$1,181,178
METAMeta Platforms- 11.30%- - - 29.9$871,157
BRK.ABerkshire Hathaway- 6.90%- - - 10.4$784,593
TSLATesla- - - - - 79.4$784,303
BRK.BBerkshire Hathaway- 6.90%- - - 10.3$783,197
LLYEli Lilly0.80%63.60%15.00%8.70%78.90%107.5$561,610
VVisa0.80%13.40%15.80%17.90%21.70%30.6$519,372
UNHUnitedHealth Group1.40%12.60%15.90%21.00%30.30%23.5$499,949
AVGOBroadcom1.90%2.70%21.30%34.90%53.60%29.2$493,565
TSMTaiwan Semiconductor1.90%19.90%- 13.80%33.30%18.4$461,717
NVONovo Nordisk1.00%16.20%13.80%12.80%42.00%41.3$453,700
JPMJPMorgan Chase2.70%15.70%5.60%10.70%24.20%9.2$443,885
WMTWalmart1.40%24.50%1.90%1.90%43.30%26.4$426,989
XOMExxon Mobil3.70%13.10%3.00%4.20%36.20%10.3$416,237
MAMastercard0.60%18.30%17.90%25.20%19.10%35.7$383,559
JNJJohnson & Johnson3.10%55.30%5.70%6.10%34.60%28.4$367,938
PGProcter & Gamble2.50%10.00%5.60%4.60%58.50%24.8$358,930
ORCLOracle1.40%28.30%16.10%12.80%41.60%34.5$318,425
HDHome Depot2.70%11.20%15.20%18.30%52.20%20.1$309,775
ADBEAdobe- 18.10%- - 0.00%56.2$283,797
CVXChevron4.20%12.60%6.20%4.20%44.00%10.8$274,686
ASMLASML Holding1.00%27.50%67.60%24.80%30.30%32$265,981
COSTCostco Wholesale0.70%14.80%12.30%12.60%27.10%42$262,987
MRKMerck & Co2.90%7.60%8.70%5.40%161.30%55.6$253,858
KOCoca-Cola3.10%27.60%3.40%5.10%73.40%23.7$253,265
TMToyota Motor2.70%9.70%2.70%7.10%11.70%9.7$250,597
ABBVAbbVie4.50%-5.40%9.00%14.50%159.80%37.9$243,785
BACBank of America3.30%11.10%9.90%37.40%25.00%8.3$233,692
PEPPepsiCo2.90%11.50%6.40%8.30%80.20%28.2$232,159
FMXFomento Economico1.70%-5.50%9.00%3.60%42.60%31.4$223,191
CRMSalesforce- 11.50%- - - 140.9$218,847
SHELShell4.00%10.30%-6.80%-3.00%27.20%7.8$213,432
NFLXNetflix- 29.00%- - - 47.9$209,648
ACNAccenture1.60%11.20%- 11.50%41.10%30.9$208,718
MCDMcDonald's2.40%11.40%8.50%7.00%53.20%24.9$204,611
NVSNovartis3.60%-7.50%3.60%3.30%93.60%25.1$199,856
LINLinde1.20%19.60%9.10%7.80%41.00%34$199,159
AMDAdvanced Micro Devices- -19.70%- - - 500+$197,107
CSCOCisco Systems3.30%60.50%3.40%8.70%46.60%14.5$194,437
AZNAstraZeneca2.30%14.60%0.70%0.30%76.30%33.4$191,059
BABAAlibaba Gr Holding- 17.10%- - - 10.8$190,296
TMOThermo Fisher Scientific0.30%19.20%15.50%8.80%8.80%31.9$187,746
INTCIntel1.10%- -16.10%-5.70%- - $186,473
PDDPDD Holdings- - - - - 35$184,673
SAPSAP1.40%-12.40%5.30%7.20%45.30%78.1$181,731
ABTAbbott Laboratories2.00%45.50%12.70%13.80%67.80%34.7$177,182
TMUST-Mobile US0.40%2.40%- - - 23$171,597
DISWalt Disney- -31.20%- - 0.00%71.9$169,304
CMCSAComcast2.80%-6.90%8.80%11.50%31.60%11.7$168,530
PFEPfizer5.50%-14.30%3.80%5.50%88.10%16.2$167,642
NKENike1.40%20.60%11.20%12.50%41.50%33.6$165,507
TTETotalEnergies4.50%13.30%1.80%0.10%39.20%8.8$164,055
DHRDanaher0.50%15.30%11.00%26.90%9.90%27.6$161,647
BHPBHP Group5.50%15.40%4.90%3.10%103.80%12.1$161,067
INTUIntuit0.60%12.00%13.90%16.80%36.80%61.7$158,183
VZVerizon Communications7.10%-8.70%2.00%2.30%52.80%7.5$157,527
WFCWells Fargo3.20%1.60%-4.00%1.60%27.10%9.5$157,504
HSBCHSBC Holdings6.90%21.10%- 1.00%30.70%5.6$148,713
PMPhilip Morris Intl5.50%3.70%2.70%3.30%99.20%18.3$146,159
IBMIBM4.30%4.40%1.10%5.70%86.70%20.1$142,126
AMGNAmgen3.20%29.60%10.00%16.30%58.90%18.9$142,100
QCOMQualcomm2.50%- 5.20%8.60%47.90%19.4$140,004
HDBHDFC Bank1.20%18.60%20.30%17.20%16.90%18.6$139,172
TXNTexas Instruments3.40%10.60%11.00%15.80%63.70%19.8$138,864
COPConocoPhillips2.00%12.90%48.40%-1.60%49.20%12.5$136,528
NOWServiceNow- - - - - 86.2$136,410
UNPUnion Pacific2.40%-6.90%10.20%12.70%49.80%21.2$134,861
BABoeing- - - - - - $134,528
SPGIS&P Global0.90%2.70%12.50%12.40%46.00%53.8$130,832
GEGeneral Electric0.30%- -39.20%-25.50%3.60%12.4$129,354
UPSUnited Parcel Service4.30%9.60%12.20%10.10%64.30%15.3$128,419
HONHoneywell Intl2.20%17.80%5.70%9.10%50.70%24.1$128,072
MSMorgan Stanley4.40%6.00%23.20%32.80%56.20%13.7$126,184
CATCaterpillar2.10%23.00%8.60%8.00%27.60%14$125,998
BUDAnheuser-Busch InBev1.30%-2.10%- -9.40%26.40%20.5$124,591
AMATApplied Mat0.90%20.70%9.90%12.30%14.40%18.3$123,857
AXPAmerican Express1.50%20.30%9.00%10.10%26.60%15.5$120,723
NEENextEra Energy3.20%-2.90%11.00%11.00%48.20%15.3$120,297
ULUnilever3.90%8.50%0.20%2.10%52.00%13.4$119,876
RYRoyal Bank of Canada4.60%4.40%6.60%7.30%69.60%11.4$119,721
SNYSanofi4.00%12.90%0.40%0.20%59.80%11.9$119,053
TAT&T6.90%- -11.10%-4.70%- - $115,687
UBERUber Technologies- - - - - 107.5$115,672
RTXRTX2.90%-19.00%-4.30%0.00%104.10%36.9$115,305
LOWLowe's Companies2.20%18.10%18.00%19.80%41.00%15.3$115,028
SBUXStarbucks2.30%2.00%8.00%17.60%58.90%28.3$115,011
ELVElevance Health1.30%8.30%14.60%14.70%22.10%18.5$111,720
LMTLockheed Martin2.80%20.90%8.40%10.10%43.80%16.4$111,215
TDToronto-Dominion Bank4.60%5.20%7.50%8.50%66.60%10.7$111,109
SYKStryker1.00%15.80%9.80%11.00%44.10%43.3$110,944
RIORio Tinto5.80%-1.00%6.90%7.70%92.80%13.2$110,449
BKNGBooking Holdings- 19.50%- - - 22.2$109,620
BLKBlackRock2.70%-7.70%9.80%11.50%55.20%31.7$109,602
ISRGIntuitive Surgical- 13.90%- - - 73$109,476
GSGoldman Sachs Gr3.30%8.00%28.00%17.50%49.00%16.3$109,215
SONYSony Group0.70%4.60%15.80%6.20%5.80%19.7$105,752
MDTMedtronic3.50%10.20%6.70%9.40%100.40%25.5$104,591
MUFGMitsubishi UFJ Finl Gr2.60%17.40%4.10%4.60%24.80%10.1$104,467
DEDeere1.50%36.00%14.40%10.20%14.20%10.4$103,685
PLDPrologis3.10%5.10%12.60%12.00%107.60%35.7$103,586
TJXTJX Companies1.50%6.90%11.30%16.50%35.40%25.2$101,983
SCHWCharles Schwab1.80%6.50%14.00%15.30%32.10%18.6$101,717
BPBP4.60%26.40%-6.60%-2.10%18.80%4.3$101,696

Dividend Calendar

Stock Rover* was used for creating this table.

TickerCompanyEx-Dividend DateDiv. Record DateDividend Payment DateDividend FrequencyNext Div. Payment Per ShareDividend Per Share
AAPLApple11/10/2311/13/2311/16/234$0.24 $0.96
ABBVAbbVie1/12/241/16/242/15/244$1.55 $6.20
ABTAbbott Laboratories10/12/2310/13/2311/15/234$0.51 $2.04
ACNAccenture10/11/2310/12/2311/15/234$1.29 $5.16
ADBEAdobe- - -
AMATApplied Mat11/22/2311/24/2312/14/234$0.32 $1.28
AMDAdvanced Micro Devices- - -
AMGNAmgen11/16/2311/17/2312/8/234$2.13 $8.52
AMZNAmazon.com- - -
ASMLASML Holding11/1/2311/2/2311/10/234$1.53 $6.49
AVGOBroadcom9/20/239/21/239/29/234$4.60 $18.40
AXPAmerican Express10/5/2310/6/2311/10/234$0.60 $2.40
AZNAstraZeneca8/10/238/11/239/11/232$0.47 $1.45
BABoeing- - -
BABAAlibaba Gr Holding- - -
BACBank of America11/30/2312/1/2312/29/234$0.24 $0.96
BHPBHP Group9/7/239/8/239/28/232$1.60 $3.40
BKNGBooking Holdings- - -
BLKBlackRock12/6/2312/7/2312/22/234$5.00 $20.00
BPBP8/10/238/11/239/22/234$0.44 $1.67
BRK.ABerkshire Hathaway- - -
BRK.BBerkshire Hathaway- - -
BUDAnheuser-Busch InBev5/3/235/4/236/14/231$0.82 $0.82
CATCaterpillar10/20/2310/23/2311/20/234$1.30 $5.20
CMCSAComcast1/2/241/3/241/24/244$0.29 $1.16
COPConocoPhillips11/13/2311/14/2312/1/234$0.58 $2.29
COSTCostco Wholesale11/2/2311/3/2311/17/234$1.02 $4.08
CRMSalesforce- - -
CSCOCisco Systems1/3/241/4/241/24/244$0.39 $1.56
CVXChevron11/16/2311/17/2312/11/234$1.51 $6.04
DEDeere9/28/239/29/2311/8/234$1.35 $5.40
DHRDanaher10/11/2310/12/2310/27/234$0.27 $1.08
DISWalt Disney- - -
ELVElevance Health12/5/2312/6/2312/21/234$1.48 $5.92
FMXFomento Economico11/3/2311/6/2311/17/232$1.07 $2.10
GEGeneral Electric9/25/239/26/2310/25/234$0.08 $0.32
GOOGAlphabet- - -
GOOGLAlphabet- - -
GSGoldman Sachs Gr11/29/2311/30/2312/28/234$2.75 $11.00
HDHome Depot11/29/2311/30/2312/14/234$2.09 $8.36
HDBHDFC Bank5/12/235/15/231$0.70 $0.70
HONHoneywell Intl11/9/2311/10/2312/1/234$1.08 $4.32
HSBCHSBC Holdings8/10/238/11/239/21/234$0.50 $2.65
IBMIBM11/9/2311/10/2312/9/234$1.66 $6.64
INTCIntel11/6/2311/7/2312/1/234$0.12 $0.50
INTUIntuit10/5/2310/9/2310/17/234$0.90 $3.60
ISRGIntuitive Surgical- - -
JNJJohnson & Johnson11/20/2311/21/2312/5/234$1.19 $4.76
JPMJPMorgan Chase10/5/2310/6/2310/31/234$1.05 $4.20
KOCoca-Cola11/30/2312/1/2312/15/234$0.46 $1.84
LINLinde12/1/2312/4/2312/18/234$1.27 $5.10
LLYEli Lilly11/14/2311/15/2312/8/234$1.13 $4.52
LMTLockheed Martin11/30/2312/1/2312/29/234$3.15 $12.60
LOWLowe's Companies1/23/241/24/242/7/244$1.10 $4.40
MAMastercard10/5/2310/9/2311/9/234$0.57 $2.28
MCDMcDonald's11/30/2312/1/2312/15/234$1.67 $6.68
MDTMedtronic9/21/239/22/2310/13/234$0.69 $2.76
METAMeta Platforms- - -
MRKMerck & Co9/14/239/15/2310/6/234$0.73 $2.92
MSMorgan Stanley10/30/2310/31/2311/15/234$0.85 $3.40
MSFTMicrosoft11/15/2311/16/2312/14/234$0.75 $3.00
MUFGMitsubishi UFJ Finl Gr3/30/233/31/237/13/232$0.11 $0.23
NEENextEra Energy11/22/2311/24/2312/15/234$0.47 $1.87
NFLXNetflix- - -
NKENike12/1/2312/4/231/2/244$0.37 $1.48
NOWServiceNow- - -
NVDANVIDIA12/5/2312/6/2312/28/234$0.04 $0.16
NVONovo Nordisk8/18/238/21/238/29/232$0.44 $1.03
NVSNovartis10/4/231$3.50 $3.50
ORCLOracle10/11/2310/12/2310/26/234$0.40 $1.60
PDDPDD Holdings- - -
PEPPepsiCo11/30/2312/1/231/5/244$1.26 $4.95
PFEPfizer11/9/2311/10/2312/4/234$0.41 $1.64
PGProcter & Gamble10/19/2310/20/2311/15/234$0.94 $3.76
PLDPrologis9/15/239/18/239/29/234$0.87 $3.48
PMPhilip Morris Intl9/26/239/27/2310/12/234$1.30 $5.20
QCOMQualcomm11/29/2311/30/2312/14/234$0.80 $3.20
RIORio Tinto8/10/238/11/239/21/232$1.77 $4.02
RTXRTX11/16/2311/17/2312/14/234$0.59 $2.36
RYRoyal Bank of Canada10/25/2310/26/2311/24/234$0.99 $3.94
SAPSAP5/12/235/15/235/22/231$2.23 $2.23
SBUXStarbucks8/10/238/11/238/25/234$0.53 $2.28
SCHWCharles Schwab11/9/2311/10/2311/24/234$0.25 $1.00
SHELShell11/16/2311/17/2312/20/234$0.66 $2.65
SNYSanofi5/30/235/31/236/23/231$1.90 $1.90
SONYSony Group3/30/233/31/236/12/232$0.29 $0.57
SPGIS&P Global11/27/2311/28/2312/12/234$0.90 $3.60
SYKStryker9/28/239/29/2310/31/234$0.75 $3.00
TAT&T10/6/2310/10/2311/1/234$0.28 $1.11
TDToronto-Dominion Bank10/5/2310/6/2310/31/234$0.70 $2.78
TJXTJX Companies11/8/2311/9/2311/30/234$0.33 $1.33
TMToyota Motor3/30/233/31/236/6/232$2.50 $4.99
TMOThermo Fisher Scientific12/14/2312/15/231/16/244$0.35 $1.40
TMUST-Mobile US11/30/2312/1/2312/15/234$0.65 $0.65
TSLATesla- - -
TSMTaiwan Semiconductor12/14/2312/15/231/11/244$0.47 $1.83
TTETotalEnergies9/15/239/18/2310/12/234$0.81 $3.10
TXNTexas Instruments10/30/2310/31/2311/14/234$1.30 $5.20
UBERUber Technologies- - -
ULUnilever11/16/2311/17/2312/8/234$0.45 $1.86
UNHUnitedHealth Group12/1/2312/4/2312/12/234$1.88 $7.52
UNPUnion Pacific8/30/238/31/239/29/234$1.30 $5.20
UPSUnited Parcel Service11/10/2311/13/2311/30/234$1.62 $6.48
VVisa11/8/2311/9/2312/1/234$0.52 $2.08
VZVerizon Communications10/6/2310/10/2311/1/234$0.67 $2.66
WFCWells Fargo11/2/2311/3/2312/1/234$0.35 $1.40
WMTWalmart12/7/2312/8/231/2/244$0.57 $2.28
XOMExxon Mobil11/14/2311/15/2312/11/234$0.95 $3.80

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Prakash Kolli is the founder of the Dividend Power site. He is a self-taught investor, analyst, and writer on dividend growth stocks and financial independence. His writings can be found on Seeking Alpha, InvestorPlace, Business Insider, Nasdaq, TalkMarkets, ValueWalk, The Money Show, Forbes, Yahoo Finance, and leading financial sites. In addition, he is part of the Portfolio Insight and Sure Dividend teams. He was recently in the top 1.0% and 100 (73 out of over 13,450) financial bloggers, as tracked by TipRanks (an independent analyst tracking site) for his articles on Seeking Alpha.

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