Introduction: The Titans of Global Commerce

In a world defined by scale, innovation, and influence, a select few companies rise above the rest, generating staggering revenues that shape industries and impact global economies. These organizations span diverse sectors—technology, retail, healthcare, energy, and finance—highlighting their pivotal roles in addressing the needs of billions.

This list of the Top 10 Companies in the World by Revenue for 2024, based on the latest data from Fortune, showcases not only their financial might but also their contributions to innovation, sustainability, and employment on a global scale. From retail giants like Walmart to energy leaders such as Saudi Aramco and tech innovators like Apple, these corporations embody the essence of modern economic powerhouses.

Let’s explore the companies that dominate the global stage, ranked by their most recent revenue figures.

10. CVS Health

• Revenue: $357.8 billion
• Industry: Health Care: Pharmacy and Other Services
• Headquarters: Woonsocket, Rhode Island, USA
• CEO: J. David Joyner
• Market Value: $73.7 billion
• Profits: $8.3 billion
• Number of Employees: 259,500
  CVS Health, a leader in pharmacy services and healthcare solutions, continues to thrive by integrating its retail pharmacy network with health insurance and medical services. Its role in providing accessible healthcare positions it as a key player in the global health industry.

9. Berkshire Hathaway

• Revenue: $364.5 billion
• Industry: Insurance: Property and Casualty (Stock)
• Headquarters: Omaha, Nebraska, USA
• CEO: Warren E. Buffett
• Market Value: $937.0 billion
• Profits: $96.2 billion
• Number of Employees: 396,500
  Berkshire Hathaway, led by Warren Buffett, excels with its diversified portfolio across insurance, utilities, railroads, and stakes in major corporations like Apple and Coca-Cola.

8. UnitedHealth Group

• Revenue: $371.6 billion
• Industry: Health Care: Insurance and Managed Care
• Headquarters: Minnetonka, Minnesota, USA
• CEO: Andrew P. Witty
• Market Value: $474.3 billion
• Profits: $22.4 billion
• Number of Employees: 440,000
  UnitedHealth Group dominates the healthcare insurance and managed care industry, combining innovative medical services with comprehensive insurance offerings.

7. Apple

• Revenue: $383.3 billion
• Industry: Computers, Office Equipment
• Headquarters: Cupertino, California, USA
• CEO: Timothy D. Cook
• Market Value: $3,594.3 billion
• Profits: $97.0 billion
• Number of Employees: 161,000
  Apple leads the tech sector with its premium products and expanding services ecosystem, boasting unparalleled profitability and the world’s highest market valuation.

6. China National Petroleum

• Revenue: $421.7 billion
• Industry: Petroleum Refining
• Headquarters: Beijing, China
• CEO: Dai Houliang
• Number of Employees: 1,026,301
  China National Petroleum (CNPC) generates significant revenue through its global oil and gas exploration, refining, and distribution operations.

5. Sinopec Group

• Revenue: $429.7 billion
• Industry: Petroleum Refining
• Headquarters: Beijing, China
• CEO: Ma Yongsheng
• Number of Employees: 513,434
  Sinopec continues to thrive as a global leader in petroleum refining and chemical production, meeting the growing energy demands of China and the world.

4. Saudi Aramco

• Revenue: $494.9 billion
• Industry: Mining & Crude-Oil Production
• Headquarters: Dhahran, Saudi Arabia
• CEO: Amin H. Nasser
• Market Value: $1,813 billion
• Profits: $120.7 billion
• Number of Employees: 73,311
  Saudi Aramco is the world’s most profitable company, leveraging its massive crude oil reserves and efficient production operations.

3. State Grid Corporation of China

• Revenue: $545.9 billion
• Industry: Utilities
• Headquarters: Beijing, China
• CEO: Zhang Zhigang
• Number of Employees: 1,361,423
  State Grid operates the largest electricity transmission and distribution network in the world, supporting China’s economy and renewable energy integration.

2. Amazon

• Revenue: $574.8 billion
• Industry: Internet Services and Retailing
• Headquarters: Seattle, Washington, USA
• CEO: Andrew R. Jassy
• Market Value: $2,005.6 billion
• Number of Employees: 1,525,000
  Amazon leverages its dominance in e-commerce and cloud computing through AWS, driving innovation and expanding its global reach.

1. Walmart

• Revenue: $648.1 billion
• Industry: General Merchandisers
• Headquarters: Bentonville, Arkansas, USA
• CEO: C. Douglas McMillon
• Market Value: $620.3 billion
• Number of Employees: 2,100,000
  Walmart remains the top company by revenue, blending its vast retail network with a robust e-commerce strategy to maintain its global leadership.