Fortune Global 500

The Fortune Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by Fortune magazine.

Methodology

Until 1989, it listed only non–United States industrial corporations under the title "International 500" while the Fortune 500 contained and still contains exclusively United States corporations. In 1990, United States companies were added to compile a truly global list of top industrial corporations as ranked by sales. Since 1995, the list has had its current form, listing also top financial corporations and service providers by revenue.

Several inconsistencies exist in Fortune's ranking of cities with the most Fortune 500 headquarters. On June 3, 2011, the Atlanta Business Chronicle stated examples of Fortune including regional headquarters for some cities, excluding regional headquarters for other cities and in some cases excluding headquarters that are physically located inside a city limit.^[1]

Geographical distribution

Since 2001, there has been significant change in the geographical distribution of the companies in the Global 500 rankings. Most of this growth is accounted for by a rapid increase in the number of Chinese Global 500 companies, of which there were 135 by 2021, increasing from only 10 in 2001. The share of European-based companies declined, from 158 to 143, over the same period.^[2][3][4]

Fortune Global 500 list of 2024

The following is the list of Top 10 companies in 2024:^[5]

Fortune Global 500 list of 2024

Rank	Company	Country	Industry	Revenue in USD
1	Walmart	United States	Retail	$648.1 billion
2	Amazon	United States	Internet services and retailing	$574.8 billion
3	State Grid	China	Energy	$545.9 billion
4	Saudi Aramco	Saudi Arabia	Energy	$494.9 billion
5	Sinopec Group	China	Petroleum	$429.7 billion
6	China National Petroleum	China	Petroleum	$421.7 billion
7	Apple	United States	Technology	$383.3 billion
8	UnitedHealth Group	United States	Health care	$371.6 billion
9	Berkshire Hathaway	United States	Financials	$364.5 billion
10	CVS Health	United States	Health care	$357.8 billion

Breakdown by country/territory

These are the Top 10 countries/territories with the highest revenues from the Top 500 companies as of August 2024:^[5]

Breakdown by country/territory

Rank	Country	Companies
1	United States	139
2	China	128
3	Japan	40
4	Germany	29
5	France	24
6	United Kingdom	17
7	South Korea	15
8	Canada	14
9	Switzerland	11
10	Netherlands	11

Leadership by sector

The following are the top-ranked companies in 2024 for each sector:^[5]

Sector	Company	Headquarters	Overall rank	Revenues ($M)
Aerospace & Defense	China North Industries Group	Beijing	0146#147	82,654
Apparel	Christian Dior	Paris	0143#119	93,137
Chemicals	Sinochem Holdings	Beijing	0038#54	143,240
Energy	State Grid Corporation of China	Beijing	0002#3	545,948
Engineering & Construction	China State Construction Engineering	Beijing	0013#14	320,431
Financials	Berkshire Hathaway	Omaha	0014#9	364,482
Food & Drug Stores	Kroger	Cincinnati	0058#51	150,039
Food, Beverages & Tobacco	Nestlé	Vevey	0098#98	103,505
Health Care	UnitedHealth Group	Minnetonka	0010#8	371,622
Hotels, Restaurants & Leisure	Compass Group	Chertsey	0469#398	38,005
Household Products	Procter & Gamble	Cincinnati	0154#149	82,006
Industrials	Hengli Group	Suzhou	0123#81	114,665
Materials	China Baowu Steel Group	Shanghai	0044#44	157,216
Media	Walt Disney	Burbank	0145#131	88,898
Motor Vehicles & Parts	Volkswagen Group	Wolfsburg	0015#11	348,408
Retailing	Walmart	Bentonville	0001#1	648,125
Technology	Apple	Cupertino	0008#7	383,285
Telecommunications	China Mobile Communications	Beijing	0062#55	142,832
Transportation	China Post Group	Beijing	0086#83	112,779
Wholesalers	Trafigura Group	Singapore	0012#19	244,280

Fortune Global 500 list of 2023

The following is the list of Top 10 companies in 2023:^[6]

Fortune Global 500 list of 2023

Rank	Company	Country	Industry	Revenue in USD
1	Walmart	United States	Retail	$612.3 billion
2	Saudi Aramco	Saudi Arabia	Energy	$603.7 billion
3	State Grid	China	Energy	$530.0 billion
4	Amazon	United States	Internet services and retailing	$514.0 billion
5	China National Petroleum	China	Petroleum	$483.1 billion
6	Sinopec Group	China	Petroleum	$471.2 billion
7	ExxonMobil	United States	Petroleum	$413.7 billion
8	Apple	United States	Technology	$394.3 billion
9	Shell	United Kingdom	Petroleum	$386.2 billion
10	UnitedHealth Group	United States	Health care	$324.2 billion

Breakdown by country/territory

These are the Top 10 countries/territories with the highest revenues from the Top 500 companies as of August 2023:^[6]

Breakdown by country/territory

Rank	Country	Companies
1	United States	136
2	China	135
3	Japan	41
4	Germany	30
5	France	24
6	South Korea	18
7	United Kingdom	15
8	Canada	14
9	Switzerland	11
10	Netherlands	10

Breakdown by region

As of August 2023^[update], 28 (6%) of the Fortune Global 500 companies are located outside East Asia, North America, and Europe:^[7]

Breakdown by region

Region	Companies	Global share
East Asia	208	42%
North America	153	31%
Europe	118	24%
Rest of world	21	4%

Leadership by sector

The following are the top-ranked companies in 2023 for each sector:^[6]

Sector	Company	Headquarters	Overall rank	Revenues ($M)
Aerospace & Defense	China North Industries Group	Beijing	0146#146	82,689
Apparel	Christian Dior	Paris	0143#143	83,283
Chemicals	Sinochem Holdings	Beijing	0038#38	173,834
Energy	Saudi Aramco	Dhahran	0002#2	603,651
Engineering & Construction	China State Construction Engineering	Beijing	0013#13	305,885
Financials	Berkshire Hathaway	Omaha	0014#14	302,089
Food & Drug Stores	Kroger	Cincinnati	0058#58	148,258
Food, Beverages & Tobacco	Archer Daniels Midland	Chicago	0098#98	101,556
Health Care	UnitedHealth Group	Minnetonka	0010#10	324,162
Hotels, Restaurants & Leisure	Compass Group	Chertsey	0469#469	32,564
Household Products	Procter & Gamble	Cincinnati	0154#154	80,187
Industrials	Hengli Group	Suzhou	0123#123	90,944
Materials	China Baowu Steel Group	Shanghai	0044#44	161,698
Media	Walt Disney	Burbank	0145#145	82,722
Motor Vehicles & Parts	Volkswagen Group	Wolfsburg	0015#15	293,685
Retailing	Walmart	Bentonville	0001#1	611,289
Technology	Apple	Cupertino	0008#8	394,328
Telecommunications	China Mobile Communications	Beijing	0062#62	139,597
Transportation	China Post Group	Beijing	0086#86	110,271
Wholesalers	Trafigura Group	Singapore	0012#12	318,476

Fortune Global 500 list of 2022

The following is the list of Top 10 companies in 2022:^[8]

Fortune Global 500 list of 2022

Rank	Company	Country	Industry	Revenue in USD
1	Walmart	United States	Retail	$572.8 billion
2	Amazon	United States	Internet Services and Retailing	$469.8 billion
3	State Grid	China	Energy	$460.6 billion
4	China National Petroleum	China	Petroleum	$411.7 billion
5	Sinopec Group	China	Petroleum	$401.3 billion
6	Saudi Aramco	Saudi Arabia	Energy	$400.4 billion
7	Apple	United States	Technology	$365.8 billion
8	Volkswagen	Germany	Automobiles	$295.8 billion
9	China State Construction Engineering	China	Construction & Engineering	$293.7 billion
10	CVS Health	United States	Health care	$292.1 billion

Breakdown by country

These are the Top 10 countries with the highest revenues from the Top 500 companies as of August 2022:^[8]

Breakdown by country

Rank	Country	Companies
1	China	145
2	United States	124
3	Japan	47
4	Germany	28
5	France	25
6	United Kingdom	18
7	South Korea	16
8	Switzerland	14
9	Canada	12
10	Netherlands	11

Breakdown by region

As of August 2022^[update], 26 (5%) of the Fortune Global 500 companies are located outside East Asia, North America, and Europe:^[8]

Breakdown by region

Region	Companies	Global share
East Asia	208	42%
North America	138	28%
Europe	128	26%
Rest of world	26	5%

Leadership by sector

The following are the top-ranked companies in 2022 for each sector:^[8]

Sector	Company	Headquarters	Overall rank	Revenues ($M)
Aerospace & Defense	China North Industries Group	Beijing	0136#136	81,785
Apparel	Christian Dior	Paris	0156#156	75,924
Business services	Randstad	Diemen	0491#491	29,126
Chemicals	Sinochem Holdings [zh]	Beijing	0031#31	172,260
Energy	State Grid	Beijing	0003#3	460,617
Engineering & Construction	China State Construction Engineering	Beijing	0009#9	293,712
Financials	Berkshire Hathaway	Omaha	0014#14	276,094
Food & Drug Stores	Walgreens Boots Alliance	Deerfield	0045#45	148,579
Food, Beverages & Tobacco	Nestlé	Vevey	0103#103	95,293
Health Care	CVS Health	Woonsocket	0010#10	292,111
Household Products	Procter & Gamble	Cincinnati	0154#154	76,118
Industrials	Hengli Group	Suzhou	0075#75	113,536
Materials	China Baowu Steel Group	Shanghai	0044#44	150,730
Media	Walt Disney	Burbank	0183#183	67,418
Motor Vehicles & Parts	Volkswagen	Wolfsburg	0008#8	295,820
Retailing	Walmart	Bentonville	0001#1	572,754
Technology	Apple	Cupertino	0007#7	365,817
Telecommunications	AT&T	Dallas	0032#32	168,864
Transportation	China Post Group	Beijing	0081#81	108,669
Wholesalers	Trafigura Group	Singapore	0019#19	231,308

Fortune Global 500 list of 2021

The following is the list of Top 10 companies:^[9]

Fortune Global 500 list of 2021

Rank	Company	Country	Industry	Revenue in USD
1	Walmart	United States	Retail	$559.1 billion
2	State Grid	China	Energy	$386.6 billion
3	Amazon	United States	Internet Services and Retailing	$386 billion
4	China National Petroleum	China	Petroleum	$283.9 billion
5	Sinopec Group	China	Petroleum	$283.7 billion
6	Apple	United States	Technology	$274.5 billion
7	CVS Health	United States	Health care	$268.7 billion
8	UnitedHealth Group	United States	Health care	$257.1 billion
9	Toyota Motor	Japan	Automobiles	$256.7 billion
10	Volkswagen	Germany	Automobiles	$253.9 billion

Breakdown by country

As of August 2021^[update], this is the list of the Top 10 countries with the highest revenues Top 500 companies:^[9]

Breakdown by country

Rank	Country	Companies
1	China	135
2	United States	122
3	Japan	53
4	France	28
5	Germany	27
6	United Kingdom	22
7	South Korea	15
8	Switzerland	13
9	Canada	12
10	Netherlands	11

Breakdown by region

As of August 2021^[update], just 21 (4%) of the Fortune Global 500 companies are located outside East Asia, North America, and Europe:^[9]

Breakdown by region

Region	Companies	Global share
East Asia	211	42%
North America	136	27%
Europe	132	26%
Rest of world	21	4%

Fortune Global 500 list of 2020

The following is the list of Top 10 companies:^[10]

Fortune Global 500 list of 2020

Rank	Company	Country	Industry	Revenue in USD
1	Walmart	United States	Retail	$524 billion
2	Sinopec Group	China	Petroleum	$407 billion
3	State Grid	China	Energy	$384 billion
4	China National Petroleum	China	Petroleum	$379 billion
5	Royal Dutch Shell	Netherlands / United Kingdom	Petroleum	$352 billion
6	Saudi Aramco	Saudi Arabia	Energy	$330 billion
7	Volkswagen	Germany	Automobiles	$283 billion
8	BP	United Kingdom	Petroleum	$283 billion
9	Amazon.com	United States	Internet Services and Retailing	$281 billion
10	Toyota Motor	Japan	Automobiles	$275 billion

Breakdown by country

As of August 2020^[update], this is the list of the Top 10 countries with the highest earning Top 500 companies:^[10]

Breakdown by country

Rank	Country	Companies
1	China	124
2	United States	121
3	Japan	53
4	France	31
5	Germany	27
6	United Kingdom ‡	22
7	South Korea	14
8	Switzerland	14
9	Canada	13
10	Netherlands ‡	13

^‡ The Global 500 includes Unilever under the heading "Britain/Netherlands", as the company is counted in the tally for both countries.

Leadership by sector

The following are the top-ranked companies in 2020 for each sector:^[10]

Sector	Company	Headquarters	Overall rank	Revenues ($M)
Aerospace & Defense	Airbus	Leiden	0060#116	78,883
Apparel	Christian Dior	Paris	0234#180	60,071
Business services	Compass Group	Chertsey	0434#395	31,736
Chemicals	BASF	Ludwigshafen	0126#143	70,723
Energy	Sinopec Group	Beijing	0002#2	407,009
Engineering & Construction	China State Construction Engineering	Beijing	0024#18	205,839
Financials	Berkshire Hathaway	Omaha	0008#14	254,616
Food & Drug Stores	Walgreens Boots Alliance	Deerfield	0037#41	136,866
Food, Beverages & Tobacco	Nestlé	Vevey	0064#82	92,107
Health Care	CVS Health	Woonsocket	0013#13	256,776
Household Products	Procter & Gamble	Cincinnati	0098#156	67,684
Industrials	Siemens	Munich	0031#74	97,937
Materials	Amer International Group	Shenzhen	0120#91	88,862
Media	Walt Disney	Burbank	0161#150	69,570
Motor Vehicles & Parts	Volkswagen	Wolfsburg	0005#7	282,760
Retailing	Walmart	Bentonville	0001#1	523,964
Technology	Apple	Cupertino	0009#12	260,174
Telecommunications	AT&T	Dallas	0019#22	181,193
Transportation	China Post Group	Beijing	0099#90	89,347
Wholesalers	Trafigura Group	Singapore	0011#27	171,474

Breakdown by region

As of August 2020^[update], just 24 (5%) of the Fortune Global 500 companies are located outside East Asia, North America, and Europe:^[10]

Breakdown by region

Region	Companies	Global share
East Asia	200	40%
Europe	138	28%
North America	138	28%
Rest of world	24	5%

Fortune Global 500 list of 2019

The following is the list of Top 10 companies:^[11]

Fortune Global 500 list of 2019

Rank	Company	Country	Industry	Revenue in USD
1	Walmart	United States	Retail	$514 billion
2	Sinopec Group	China	Petroleum	$415 billion
3	Royal Dutch Shell	Netherlands United Kingdom	Petroleum	$397 billion
4	China National Petroleum	China	Petroleum	$393 billion
5	State Grid	China	Energy	$387 billion
6	Saudi Aramco	Saudi Arabia	Energy	$356 billion
7	BP	United Kingdom	Petroleum	$304 billion
8	Exxon Mobil	United States	Petroleum	$290 billion
9	Volkswagen	Germany	Automobiles	$278 billion
10	Toyota Motor	Japan	Automobiles	$273 billion

Breakdown by country

As of July 2019^[update], this is the list of the Top 10 countries with the most Global 500 companies:^[11]

Breakdown by country

Rank	Country	Companies
1	United States	121
2	China	119
3	Japan	52
4	France	31
5	Germany	29
6	United Kingdom ‡	18
7	South Korea	16
8	Switzerland	14
9	Canada	13
10	Netherlands ‡	12

^‡ The Global 500 includes Unilever & Royal Dutch Shell under the heading "Britain/Netherlands", as the company is counted in the tally for both countries.

Leadership by sector

The following are the top-ranked companies in 2019 for each sector:^[11]

Sector	Company	Headquarters	Overall rank	Revenues ($M)
Aerospace & Defense	Boeing	Chicago	0060#68	101,127
Apparel	Christian Dior	Paris	0234#187	55,263
Business services	Compass Group	Chertsey	0434#403	30,879
Chemicals	DuPont	Wilmington	0126#100	85,977
Energy	Sinopec Group	Beijing	0002#2	414,650
Engineering & Construction	China State Construction Engineering	Beijing	0024#21	181,525
Financials	Berkshire Hathaway	Omaha	0008#12	247,837
Food & Drug Stores	Walgreens Boots Alliance	Deerfield	0037#40	131,537
Food, Beverages & Tobacco	Nestlé	Vevey	0064#76	93,513
Health Care	UnitedHealth Group	Minnetonka	0013#14	226,247
Household Products	Procter & Gamble	Cincinnati	0098#146	66,832
Industrials	General Electric	Boston	0031#48	120,268
Materials	China Minmetals	Beijing	0120#112	80,076
Media	Walt Disney	Burbank	0161#170	59,434
Motor Vehicles & Parts	Volkswagen	Wolfsburg	0005#9	278,342
Retailing	Walmart	Bentonville	0001#1	514,405
Technology	Apple	Cupertino	0009#11	265,595
Telecommunications	AT&T	Dallas	0019#25	170,756
Transportation	China Post Group	Beijing	0099#101	85,628
Wholesalers	Trafigura Group	Singapore	0011#22	180,744

Fortune Global 500 list of 2018

The following is the list of Top 10 companies:^[12]

Fortune Global 500 list of 2018

Rank	Company	Country	Industry	Revenue in USD
1	Walmart	United States	Retail	$500 billion
2	State Grid	China	Energy	$349 billion
3	Sinopec Group	China	Petroleum	$327 billion
4	China National Petroleum	China	Petroleum	$326 billion
5	Royal Dutch Shell	Netherlands United Kingdom	Petroleum	$312 billion
6	Toyota Motor	Japan	Automobiles	$265 billion
7	Volkswagen	Germany	Automobiles	$260 billion
8	BP	United Kingdom	Petroleum	$245 billion
9	Exxon Mobil	United States	Petroleum	$244 billion
10	Berkshire Hathaway	United States	Holding	$242 billion

Breakdown by country

As of July 2018^[update], this is the list of the Top 10 countries with the most Global 500 companies:^[12]

Breakdown by country

Rank	Country	Companies
1	United States	126
2	China	120
3	Japan	52
4	Germany	32
5	France	28
6	United Kingdom †	21
7	South Korea	16
8	Netherlands †	15
9	Switzerland	14
10	Canada	12

^† The Global 500 includes Unilever under the heading "Britain/Netherlands", as the company is counted in the tally for both countries.

As shown in the table above, 436 (87.2%) of the Global 500 are represented by only 10 countries: two in North America (Canada and United States), five in Western Europe (France, Germany, Netherlands, Switzerland and the United Kingdom) and three in East Asia (China, Japan and South Korea). Moreover, the top six (United States, China, Japan, Germany, France and the United Kingdom) are the world's largest economies as estimated by the IMF (List of countries by GDP (nominal)). Among the Global 500, 379 companies (75.8%) are from these six countries.

Leadership by sector

The following are the top-ranked companies in 2018 for each sector:^[12]

Sector	Company	Headquarters	Overall rank	Revenues ($M)
Aerospace & Defense	Boeing	Chicago	0060#64	93,392
Apparel	Christian Dior	Paris	0234#208	49,221
Business services	Compass Group	Chertsey	0434#413	28,578
Chemicals	BASF	Ludwigshafen	0126#112	72,677
Energy	State Grid	Beijing	0002#2	348,903
Engineering & Construction	China State Construction Engineering	Beijing	0024#23	156,071
Financials	Berkshire Hathaway	Omaha	0008#10	242,137
Food & Drug Stores	Kroger	Cincinnati	0037#39	122,662
Food, Beverages & Tobacco	Nestlé	Vevey	0064#69	91,222
Health Care	UnitedHealth Group	Minnetonka	0013#15	201,159
Household Products	Procter & Gamble	Cincinnati	0098#135	66,217
Industrials	General Electric	Boston	0031#41	122,274
Materials	China Minmetals	Beijing	0120#109	72,997
Media	Disney	Burbank	0161#176	55,137
Motor Vehicles & Parts	Toyota Motor	Toyota	0005#6	265,172
Retailing	Walmart	Bentonville	0001#1	500,343
Technology	Apple	Cupertino	0009#11	229,234
Telecommunications	AT&T	Dallas	0019#20	160,546
Transportation	China Post Group	Beijing	0099#113	72,197
Wholesalers	McKesson Corporation	San Francisco	0011#13	208,357

Breakdown by industry

The following are the top-ranked companies in 2018 for each industry:

Fortune Global 500 by industry

Industry	Company	Country	Rank	Revenue ($M)
Aerospace & Defense	Boeing	United States	64	93,392
Airlines	American Airlines	United States	260	42,207
Apparel	Christian Dior	France	208	49,221
Banks: Commercial & Savings	Industrial & Commercial Bank	China	26	153,021
Beverages	Anheuser-Busch InBev	Belgium	170	56,444
Building Materials, Glass	Saint-Gobain	France	231	46,002
Chemicals	BASF	Germany	112	72,677
Computer Software	Microsoft	United States	71	89,950
Computers, Office Equipment	Apple	United States	11	229,234
Construction & Farm Machinery	Caterpillar	United States	238	45,462
Diversified Financials	EXOR Group	Netherlands	19	161,677
Electronics, Electrical Equipment	Samsung Electronics	South Korea	12	211,940
Energy	Gazprom	Russia	49	111,983
Engineering & Construction	China Construction Engineering	China	23	156,071
Entertainment	Disney	United States	176	55,137
Food & Drug Stores	Kroger	United States	39	122,662
Food Consumer Products	Nestle	Switzerland	69	91,222
Food Production	Archer Daniels Midland	United States	152	60,828
Food Services	Compass Group	United Kingdom	413	28,578
General Merchandisers	Walmart	United States	1	500,343
Health Care: Insurance & Managed Care	UnitedHealth Group	United States	15	201,159
Health Care: Medical Facilities	HCA Healthcare	United States	215	47,653
Health Care: Pharmacy & Other Services	CVS Health	United States	17	184,765
Household & Personal Products	Procter & Gamble	United States	135	66,217
Human Resources & Employment Services	Adecco Group	Switzerland	441	26,670
Industrial Machinery	General Electric	United States	41	122,274
Information Technology Services	IBM	United States	92	79,139
Insurance: Life, Health (Mutual)	Nippon Life Insurance	Japan	126	68,684
Insurance: Life, Health (Stock)	AXA	France	27	149,461
Insurance: Property & Casualty (Mutual)	State Farm Insurance	United States	95	78,331
Insurance: Property & Casualty (Stock)	Berkshire Hathaway	United States	10	242,137
Internet Services & Retailing	Amazon.com	United States	18	177,866
Mail, Package, & Freight Delivery	China Post Group	China	113	72,197
Medical Products & Equipment	Medtronic	Ireland	396	29,710
Metals	China Minmetals	China	109	72,997
Mining, Crude-Oil Production	Glencore	Switzerland	14	205,476
Motor Vehicles & Parts	Toyota Motor	Japan	6	265,172
Network & Other Communications Equipment	Huawei Investment & Holding	China	72	89,311
Oil & Gas Equipment, Services	Schlumberger	United States	386	30,440
Petroleum Refining	Sinopec Group	China	3	326,953
Pharmaceuticals	China Resources	China	86	82,184
Pipelines	Energy Transfer Equity	United States	217	47,487
Railroads	Deutsche Bahn	Germany	211	48,124
Real Estate	China Evergrande Group	China	230	46,019
Semiconductors & Other Electronic Components	Intel	United States	146	62,761
Shipping	China Shipbuilding Industry	China	245	44,431
Specialty Retailers	Home Depot	United States	57	100,904
Telecommunications	AT&T	United States	20	160,546
Textiles	Shandong Weiqiao Pioneering	China	185	53,203
Tobacco	Philip Morris International	United States	411	28,748
Trading	Trafigura Group	Singapore	32	136,421
Utilities	State Grid	China	2	348,903
Wholesalers: Electronics & Office Equipment	Tech Data	United States	315	36,775
Wholesalers: Food & Grocery	Sysco	United States	174	55,371
Wholesalers: Health Care	McKesson Corporation	United States	13	208,357

Most profitable

The following is the Global 500 list sorted by profits:^[13]

Fortune Global 500 most profitable of 2018

Rank	Company	Country	Profits ($M)
1	Apple	United States	$48,351.0
2	British American Tobacco	United Kingdom	$48,327.8
3	Berkshire Hathaway	United States	$44,940.0
4	Industrial & Commercial Bank of China	China	$42,323.7
5	Samsung Electronics	South Korea	$36,575.4
6	China Construction Bank	China	$35,845.2
7	Verizon	United States	$30,101.0
8	AT&T	United States	$29,450.0
9	Agricultural Bank of China	China	$28,550.4
10	Bank of China	China	$25,509.2

Fortune Global 500 list of 2017

The following is the list of Top 10 companies:^[14][15]

Rank	Company	Country	Industry	Revenue in USD
1	Walmart	United States	Retail	$486 billion
2	State Grid	China	Energy	$316 billion
3	Sinopec Group	China	Petroleum	$268 billion
4	China National Petroleum	China	Petroleum	$263 billion
5	Toyota Motor	Japan	Automobiles	$255 billion
6	Volkswagen	Germany	Automobiles	$240 billion
7	Royal Dutch Shell	Netherlands †	Petroleum	$240 billion
8	Berkshire Hathaway	United States	Products	$242 billion
9	Apple	United States	Technology	$216 billion
10	Exxon Mobil	United States	Petroleum	$205 billion

^† Fortune had previously listed Shell as a British/Dutch company, but as of the 2016 listing it is listed as Dutch.

Breakdown by country

As of November 2017^[update], this is the list of the Top 10 countries with the most Global 500 companies:^[16]

Rank	Country	Companies
1	United States	133
2	China	109
3	Japan	51
4	France	29
5	Germany	29
6	United Kingdom †	21
7	South Korea	15
8	Netherlands †	15
9	Switzerland	13

^† The Global 500 includes Unilever under the heading "Britain/Netherlands", as the company is counted in the tally for both countries.

As can be seen from the table above, 425 (85.0%) of the Global 500 are represented by only 10 countries: two in North America (Canada and United States), five in Western Europe (France, Germany, Netherlands, Switzerland, and the United Kingdom) and three in East Asia (China, Japan and South Korea). Moreover, the top six (United States, China, Japan, France, Germany, and the United Kingdom) are some of the world's largest economies as estimated by the IMF (List of countries by GDP (nominal)). Among the Fortune Global 500, 371 companies (74.2%) are from these six countries.

Leadership by sector

The top-ranked companies in each sector are as follows:

Sector	Company	Headquarters	Overall rank	Revenues ($M)
Aerospace & Defense	Boeing	Chicago	0060#60	94,571
Apparel	Christian Dior	Paris	0234#234	42,113
Business services	The Adecco Group	Zürich	0434#434	25,112
Chemicals	BASF	Ludwigshafen	0126#126	63,641
Energy	State Grid Corporation of China	Beijing	0002#2	315,199
Engineering & Construction	China State Construction Engineering	Beijing	0024#24	144,505
Financials	Berkshire Hathaway	Omaha	0008#8	223,604
Food & Drug Stores	Walgreens Boots Alliance	Deerfield	0037#37	117,351
Food, Beverages & Tobacco	Nestlé	Vevey	0064#64	90,814
Health Care	UnitedHealth Group	Minnetonka	0013#13	184,840
Household Products	Procter & Gamble	Cincinnati	0098#98	71,726
Industrials	General Electric	Boston	0031#31	126,661
Materials	China Minmetals	Beijing	0120#120	65,547
Media	The Walt Disney Company	Burbank	0161#161	55,632
Motor Vehicles & Parts	Toyota Motor	Toyota	0005#5	255,000
Retailing	Walmart	Bentonville	0001#1	485,873
Technology	Apple	Cupertino	0009#9	215,639
Telecommunications	AT&T	Dallas	0019#19	163,786
Transportation	U.S. Postal Service	Washington, D.C.	0099#99	71,498
Wholesalers	McKesson Corporation	Irving, Texas	0011#11	198,533

See also

• 40 Under 40
• Fortune India 500
• Forbes Global 2000
• Fortune 500
• Fortune 1000
• List of largest companies by revenue
• List of largest employers
• List of public corporations by market capitalization