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Top companies in the world by revenue 2019

This statistic shows the 100 largest companies worldwide, ranked by their revenue in the fiscal year of 2019. Walmart topped the ranking with about 523.96 billion U.S. dollars in revenue. Walmart was also the largest company in the world based on its number of employees, with some 2.2 million all over the world.

Largest corporations based on revenue - additional information

The concept of revenue itself, sometimes also called turnover, might slightly differ depending on country or even from one company to another. It usually refers to the income resulted from normal business activities, such as the sale of goods and services to customers.

As of 2018, the richest companies in the world, in terms of money earned during the previous fiscal year from sales and services, were Walmart stores, Sinopec, State Grid, China National Petroleum and Royal Dutch Shell (in this order). Royal Dutch Shell, which is a result of the merger between the Royal Dutch Petroleum company and the UK-based Shell Transport & Trading, is a multinational corporation operating in every segment of the oil and gas industry. In 2018, the company generated a net income of around 16.4 billion U.S. dollars, down from over 31 billion in 2011, and held total assets worth over 404 billion U.S. dollars.

The American-based multinational corporation Walmart was founded in 1962 and currently operates over 11,500 stores worldwide, out of which 4,756 are in the United States alone. The company’s net profit amounted to just under 15 billion U.S. dollars in 2019. In 2020, Walmart was also ranked the fourth most valuable retail brand in the world, with a brand value of about 45.78 billion U.S. dollars.

Sinopec Limited, also known as China Petroleum & Chemical Corporation, is an oil and gas company founded in 2000 in Beijing, China. In 2019, Sinopec generated revenues of 407 billion U.S. dollars and was one of China’s most valuable brands.

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The 100 largest companies in the world ranked by revenue in 2019

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Release date

August 2020



Survey time period

fiscal year 2019

Supplementary notes

Values are total revenues for each company's respective fiscal year ended on or before March 31, 2020. Figures for non-U.S. companies have been converted to U.S. dollars at the average exchange rate during each company’s fiscal year (ended Dec. 31, 2019, unless otherwise noted).
Values have been rounded.

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