The Wealth of Companies Can Be Evaluated Through Various Indicators
The wealth of companies can be evaluated through various indicators, including annual revenue and market capitalization.
Top Companies by Annual Revenue in 2024
In 2024, Walmart stands out as the company with the highest annual revenue in the world, with $638.78 billion, according to Statista. The retail giant surpasses Amazon, which has an annual revenue of $554.02 billion. Companies in the oil sector, such as Saudi Aramco ($502.35 billion), Sinopec ($475.53 billion), and PetroChina ($435.3 billion), complete the picture, highlighting the continued presence of the petrochemical industry in the global market.
Top Companies by Market Capitalization
On the other hand, technology companies dominate the ranking by market capitalization. Microsoft and Amazon lead the way with valuations of $3.064 trillion and $2.830 trillion, respectively. They are followed by NVIDIA, a key player in the development of artificial intelligence and a manufacturer of graphics cards, with a market capitalization of $2.218 trillion. Alphabet, the parent company of Google, and Apple round out the top 5 with market capitalizations of $2.109 trillion and $1.972 trillion, respectively, confirming the dominance of technology in the current economy.
