During the pandemic some of the largest companies in the world grew while others shrank. Global Finance compares two of the best-known rankings of company size with its own list of the world's Top 10 by market capitalization to provide a comprehensive picture of global corporate goliaths.

Author: Luca Ventura

Top 10 Largest Companies by Market Capitalization*

Rank Company Country Sector ($ Bil.)
1 Apple U.S. Technology 1,971
2 Saudi Aramco Saudi Arabia Energy 1,956
3 Amazon U.S. Consumer Services 1,592
4 Microsoft U.S. Technology 1,546
5 Alphabet U.S. Technology 1,116
6 Alibaba China Consumer Services 863
7 Facebook U.S. Technology 795
8 Tencent China Technology 724
9 Berkshire Hathaway U.S. Financial 496
10 Taiwan Semiconductor Taiwan Semiconductors 405
*As of November 3, 2020.

Top 10 of the Fortune Global 500*

Rank Company Country     Revenues ($ Mil.) Revenues (% Change)           Profits ($ Mil.) Profits (% Change)
1 Walmart U.S. 523,960 1.9 14,880 123.1
2 Sinopec Group China 407,010 -1.8 6,793 16.2
3 State Grid China 383,910 -0.8 7,970 -2.5
4 China National Petroleum China 379,130 -3.5 4,443 95.7
5 Royal Dutch Shell Netherlands 352,110 -11.2 15,840 -32.2
6 Saudi Aramco Saudi Arabia 329,780 -7.3 88,211 -20.5
7 Volkswagen Germany 282,760 1.6 15,540 8.5
8 BP United Kingdom 282,620 -7.0 4,030 -57.1
9 Amazon U.S. 280,520 20.5 11,590 15.0
10 Toyota Motor Japan 275,290 1.0 19,096 12.4
*Fiscal year ended on or before March 31, 2020.

Top 10 of the Forbes Global 2000*

Rank Company Country     Revenues ($ Bil.)          Profits ($ Bil.)          Assets ($ Bil.)     Market Value ($ Bil.)
1 ICBC China 177 45 4,323 242
2 China Construction Bank China 162 39 3,822 203
3 JPMorgan Chase U.S. 143 30 3,139 292
4 Berkshire Hathaway U.S. 255 81 818 455
5 Agricultural Bank of China China 149 31 3,698 147
6 Saudi Aramco Saudi Arabia 330 88 398 1,685
7 Ping An Insurance Group China 155 19 1,219 187
8 Bank of America U.S. 112 24 2,620 209
9 Apple U.S. 268 57 320 1,286
10 Bank of China China 135 27 3,387 113
*Data as of early April 30, 2020.