World's largest diversified utilities by market value 2019

American Water Works is one of the largest diversified utility companies in the world, with a market value of 18.9 billion U.S. dollars. Veolia Environnement, a multinational company with headquarters in Paris, France, was ranked second worldwide in terms of market value.

Veolia’s global reach

Veolia Environnement employs more people than any other utility company in the world, with only a third of its workforce based in France. The largest share of its employees is located elsewhere in Europe, though the company has operations in every region. Veolia Environnement thus generates the highest revenue from its services elsewhere in Europe as well as overseas.

Operations in waste management

Among major waste management companies across the globe, Veolia Environnement ranks as one of the largest in terms of revenue. Within the waste segment, Veolia generates the most revenue from treating hazardous and liquid waste, commercial and industrial collection, as well as sorting, recycling, and mechanical biological treatment.

World's largest diversified utilities as of April 2019, based on market value

Market value in billion U.S. dollars
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Release date

May 2019



Survey time period

As of April 18, 2019

Supplementary notes

Includes only public companies.

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Statistics on "Electric utilities in the United States"

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