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Largest European companies based on revenue 2020

In 2020, the Dutch petroleum company Royal Dutch Shell had a revenue of over 352 billion US dollars, the largest of any European company. The German car manufacturer Volkswagen had the second largest revenue in this year at over 282.76. billion US dollars, followed by the British Petroleum at 282.62 billion dollars and the Swiss trading and mining company Glencore at 215 billion.

VW employs over 671 thousand

Although it was third in terms of revenue, Volkswagen employed more people worldwide than any other European company, with over 671 thousand working for the German car giant. Volkswagen was followed by the British foodservice company, Compass Group in terms of employee numbers at 596 thousand, then by Deustche Post DHL, which employed around 504 thousand.

Walmart tops global rankings

When the scope is broadened to look at companies worldwide, Walmart had both the largest revenue of any company, (523 billion US dollars) and the highest number of employees at over 2.2 million people. The Chinese petroleum company Sinopec had the second highest revenue in 2019, at over 407 billion US dollars.

Largest European companies based on revenue in 2020

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Supplementary notes

Revenue figures include consolidated subsidiaries and reported revenues from discontinued operations, but exclude excise taxes. For banks, revenue is the sum of gross interest income and gross noninterest income. For insurance companies, revenue includes premium and annuity income, investment income, realized capital gains or losses, and other income, but excludes deposits.

Release date is the date that the data was extracted from the source

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Statistics on "European economy"

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