Global 500
The corporations on our annual list of the world’s 500 largest companies posted near-flat, but still record-breaking aggregate revenues of $41 trillion in 2023, with a year-over-year increase of 0.1%. Walmart remains No. 1 for the 11th consecutive year, while Amazon reaches a new high and claims the No. 2 spot (up from No. 4 last year). Saudi Aramco falls to No. 4; however, with $121 billion in profits, it was the most profitable company on the list for the third year in a row. For the first time since 2018, the U.S. presence (139 companies) on the Fortune Global 500 surpassed that of Greater China (133 companies). The U.S. companies generated $13.8 trillion in aggregate revenues, a 6% increase from last year.
Each year a whole host of factors—the global economy, trade policies, mergers and acquisitions, and corporate upheaval among them—push and pull at the Global 500 rankings. To help you quickly see how each country is represented on the list, we put the Global 500 on a world map. Now you can see each company's location, revenue and profit at a glance. We also invite you to take a look at how each Global 500 company has moved around in the ranks over the past two decades.
