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 of 2020 by Market Capitalizationa

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
aAs of November 3, 2020.

Top 10 of the 2020 Fortune Global 500a

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
aFiscal year ended on or before March 31, 2020.

Top 10 of the Forbes Global 2000a

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
aData as of April 30, 2020.