List of largest private non-governmental companies by revenue

This is a list of the world's largest non-governmental privately held companies by revenue. This list does not include state-owned enterprises like Sinopec, State Grid, China National Petroleum, Kuwait Petroleum Corporation, Pemex, Petrobras, PDVSA and others. These corporations have revenues of at least US$10 billion.

Largest private non-governmental companies by revenue

No.	Company	Revenue (in billions of USD)	Headquarters	Founded
1	Vitol	400 (2023)[1]	Switzerland	1966
2	Trafigura Group	244.3 (2023)[2]	Singapore	1993
3	Schwarz Group	180.6 (2023)[3]	Germany	1930
4	Cargill	160 (2023/24) [4]	United States	1865
5	Koch Industries	125 (2021)[5]	United States	1940
6	Aldi	120.96 (2023)[6]	Germany	1946
7	E.Leclerc	102.98 (2023)[7]	France	1948
8	Suning Holdings Group	102.9 (2019/20)[8]	China	1990
9	REWE Group	99.69 (2023)[9]	Germany	1927
10	Huawei	99 (2023)[10][11]	China	1987
11	Robert Bosch	98.92 (2023)[12]	Germany	1886
12	Amer International Group	88.9 (2019)[13]	China	1995
13	HNA Group	88.5 (2018)[11]	China	2000
14	ByteDance	85.2 (2022) *	China	2012
15	State Farm	82.2 (2021)[13]	United States	1922
16	Hengli Group	80.6 (2019)[14]	China	1994
17	Pacific Construction Group	77.07 (2021)[13]	China	1986
18	Nippon Life Insurance	74 (2019/20)[13]	Japan	1889
19	Deloitte	67.2 (2024)[15]	United Kingdom	1845
20	Ineos	65 (2021)[16]	United Kingdom	1998
21	CMA CGM	56 (2021)[17]	France	1978
22	PwC	55.2 (2024) [18]	United Kingdom	1998
23	Auchan Holding	54.7 (2019)[13]	France	1961
24	EY	51.2 (2024)[19]	United Kingdom	1989
25	Groupe BPCE	47.9 (2019)[13]	France	2009
26	Zheijiang Geely Holding Group	47.89 (2019)[13]	China	1986
27	Ingram Micro	47.2 (2019)[20]	United States	1979
28	SPAR	46.98 (2022)[21]	Netherlands	1932
29	IKEA	45.4 (2018/19)[22][23]	Sweden	1943
30	New York Life Insurance Company	44.2 (2019)[13]	United States	1845
31	Nationwide	44 (2019)[13]	United States	1926
32	Liberty Mutual Insurance Group	43.2 (2019)[13]	United States	1912
33	Cedar Holdings Group	41.3 (2019)[24]	China	1997
34	ZF Friedrichshafen	40.9 (2019)[13]	Germany	1915
35	TIAA	40.5 (2019)[13]	United States	1918
36	Shandong Weiqiao Pioneering Group	40.4 (2019)[13]	China	1951
37	Edeka Zentrale	39.8 (2019)[13]	Germany	1898
38	DZ Bank	39.1 (2019)[13]	Germany	2001
39	Publix Super Markets	38.5 (2019)[13]	United States	1930
40	KPMG	38.4 (2024)[25]	United Kingdom	1987
41	Tsingshan Holding Group	38 (2019)[13]	China	1992
42	Meiji Yasuda Life Insurance	37.5 (2019/20)[13]	Japan	2004
43	Massachusetts Mutual Life Insurance Company	37.3 (2019)[13]	United States[26]	1851
44	Mars	37 (2019)[5]	United States	1911
45	Tech Data	37 (2019/20)[13]	United States	1974
46	Jiangsu Shagang Group	36.5 (2019)[13]	China	1975
47	Les Mousquetaires	35.9 (2019)[27]	France	1969
48	Yango Longking Group	35.9 (2019)[13]	China	1995
49	USAA	35.6 (2019)[13]	United States	1922
50	Reyes Holdings	35 (2019)[5]	United States	1976
51	Louis Dreyfus Company	33.8 (2019)[13][28]	France	1851
52	Northwestern Mutual	32.3 (2019)[13]	United States	1857
53	Groupe Casino	32.1 (2021)[29]	France	1898
54	Sumitomo Life Insurance	32.1 (2019/20)[13]	Japan	1907
55	Wanda Group	31.7 (2018)[30]	China	1988
56	H-E-B	31.2 (2018/19)[5]	United States	1905
57	Phoenix Pharma	30.5 (2019/20)[13]	Germany	1994
58	Pilot Flying J	29.5 (2019)[5]	United States	1981
59	Taikang Insurance Group	29.5 (2019)[13]	China	1996
60	Coop Group	29.49 (2019)[13]	Switzerland	1969
61	Asda	29.39 (2024)[31]	United Kingdom[32]	1942
62	Xinjiang Guanghui Industry Investment Group	28.7 (2019)[13]	China	1989
63	GS Caltex	28.5 (2019)[13]	South Korea	1967
64	Migros Group	28.5 (2019)[13]	Switzerland	1925
65	Huaxia Life Insurance	28.49 (2019)[13]	China	2006
66	Mercadona	28 (2019)[33]	Spain	1977
67	Achmea	27.6 (2019)[13]	Netherlands	1995
68	Hailiang Group	27.2 (2019)[13]	China	1989
69	EG Group	28.3 (2023) [34]	United Kingdom	2001
70	C&S Wholesale Grocers	25.8 (2018/19)[5]	United States	1918
71	Heraeus	25.1 (2019)[35]	Germany	1851
72	Massachusetts Mutual Life Insurance	23.66 (2020)[36]	United States	1851
73	Enterprise Holdings	22.5 (2019/20)[5]	United States	1969
74	Bechtel	21.8 (2019)[5]	United States	1898
75	Boehringer Ingelheim	21.3 (2019)[37]	Germany	1885
76	Cox Enterprises	21.1 (2019)[5]	United States	1898
77	Greenergy	21.1 (2019)[38]	United Kingdom	1992
78	Fidelity Investments	20.9 (2019)[5]	United States	1946
79	Love's Travel Stops & Country Stores	20.6 (2019)[5]	United States	1964
80	Southern Glazer's Wine & Spirits	20 (2019)[5]	United States	1968
81	Système U	19.6 (2019)[39]	France	1894
82	Wakefern Food Corporation	19.6 (2022/23)[40]	United States	1946
83	Swire	18.4 (2024) [41]	United Kingdom	1816
84	John Lewis Partnership	18.1 (2024) [42]	United Kingdom	1929
85	Meijer	18.1 (2019/20)[43]	United States	1934
86	Allied Universal	18.0 (2020)[44]	United States	2016
87	JM Family Enterprises	17.7 (2019)[45]	United States	1968
88	Octopus Group	17.2 (2023)[46]	United Kingdom	2000
89	World Wide Technology	17.0 (2022)[47]	United States	1990
90	Subway	16.1 (2019)[48]	United States	1965
91	Chanel	15.6 (2021)[49]	France	1910
92	Gordon Food Service	15.5 (2018/19)[50]	United States	1897
93	Inspire Brands	14.6 (2020)[51]	United States	2018
94	Turner Construction	14.4 (2020)[52]	United States	1901
95	Land O' Lakes	13.95 (2020)[36]	United States	1921
96	Medline Industries	13.9 (2019) [47]	United States	1966
97	Trader Joe's	13.7 (2019)[53]	United States	1958
98	Allegis Group	13.6 (2019) [47]	United States	1984
99	The Guardian Life Insurance Company of America	13.56 (2020)[36]	United States	1860
100	American Family Insurance Group	13.07 (2020)[36]	United States	1927
101	Wawa	13 (2019)[47]	United States	1964
102	Kingston Technology	12.8 (2019) [47]	United States	1985
103	Racetrac	12.6 (2019) [47]	United States	1934
104	Kiewit Corporation (Peter Kiewit Sons')	12.46 (2020)[36]	United States	1932
105	Farmers Insurance Exchange	11.87 (2020)[36]	United States	1928
106	ABC Supply	11.6 (2019)[47]	United States	1982
107	Hearst Corporation	11.5 (2019)[47]	United States	1887
108	Decathlon	11.4 (2020)[54]	France	1976
109	Chick-fil-A	11.3 (2019)[55]	United States	1976
110	QuikTrip	11.2 (2019/20)[47]	United States	1958
111	Mutual of Omaha Insurance	11.1 (2020)[36]	United States	1909
112	Republic National Distributing Company	11.0 (2019)[47]	United States	1996
113	Graybar	11.0 (2023) **	United States	1869
114	SHI International Corp	10.7 (2019)[47]	United States	1989
115	Menards	10.7 (2019)[47]	United States	1960
116	Bloomberg	10.5 (2019)[47]	United States	1981
117	S. C. Johnson & Son	10.5 (2019/20)[47]	United States	1886
118	McKinsey	10.5 (2019)[47]	United States	1929
119	The Whiting-Turner Contracting Company	10.3 (2019)[47]	United States	1909
120	Jones Financial (Edward Jones)	10.17 (2020)[36]	United States	1922
121	Hy-Vee	10.1 (2019[47]	United States	1930
122	Calpine	10.1 (2019)[47]	United States	1984
123	Pacific Life	10.06 (2020)[36]	United States	1868

See also

• List of largest companies by revenue
• List of largest companies in the United States by revenue
• List of largest manufacturing companies by revenue
• List of largest corporate profits and losses
• List of largest oil and gas companies by revenue
• Government-owned corporation
• State ownership