As of February 18, 2025, with a market cap of $3,674 billion, Apple topped the global ranking of the largest companies by market cap. It’s followed by NVIDIA CORPORATION ($3,400 billion) and Microsoft ($3,036 billion).
Which one is the biggest company in the world by market cap? Here’s a list of the top companies by market cap in 2024:
The World's Largest Companies by Market Cap, 2024
| RANK | COMPANY | MARKET CAPITAL (USD DOLLAR) |
|---|---|---|
| 1 | APPLE INC. | $3,674 billion |
| 2 | NVIDIA CORPORATION | $3,400 billion |
| 3 | MICROSOFT CORPORATION | $3,036 billion |
| 4 | AMAZON.COM, INC. | $2,423 billion |
| 5 | ALPHABET INC. | $2,267 billion |
| 6 | META PLATFORMS, INC. | $1,866 billion |
| 7 | ARAMCO | $1,794 billion |
| 8 | TESLA, INC. | $1,145 billion |
| 9 | BROADCOM INC. | $1,092 billion |
| 10 | BERKSHIRE HATHAWAY INC. | $1,034 billion |
| 11 | TSMC (TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY) | $840 billion |
| 12 | WALMART INC. | $836 billion |
| 13 | JPMORGAN CHASE & CO. | $773 billion |
| 14 | ELI LILLY AND COMPANY | $760 billion |
| 15 | VISA, INC. | $691 billion |
| 16 | TENCENT HOLDINGS LIMITED | $551 billion |
| 17 | MASTERCARD, INC. | $516 billion |
| 18 | ORACLE CORPORATION | $487 billion |
| 19 | UNITEDHEALTH GROUP INC. | $482 billion |
| 20 | COSTCO WHOLESALE CORPORATION | $476 billion |
| 21 | EXXON MOBIL CORPORATION | $471 billion |
| 22 | NETFLIX, INC. | $453 billion |
| 23 | THE HOME DEPOT, INC. | $407 billion |
| 24 | PROCTER & GAMBLE COMPANY | $382 billion |
| 25 | JOHNSON & JOHNSON | $376 billion |
| 26 | LVMH | $374 billion |
| 27 | BANK OF AMERICA CORPORATION | $357 billion |
| 28 | NOVO NORDISK A/S | $349 billion |
| 29 | ABBVIE INC. | $340 billion |
| 30 | SAP SE | $338 billion |
Market capitalization, commonly known as market cap, refers to the total market value of a company’s outstanding shares. It is calculated by multiplying the current stock price by the total number of shares outstanding. For example, if a company has 2.34 billion shares outstanding and its stock price is $66.66 per share, its market cap would be $156 billion (2,340,000,000 x $66.66). Investors often use the market cap as a quick estimate of a company’s overall value and as a factor in determining whether to buy a stock. Stocks are often categorized by market cap: mega-cap ($100 billion-plus), large-cap ($10 billion-$100 billion), mid-cap ($2 billion-$10 billion), small-cap ($300 million-$2 billion), and micro-cap (less than $300 million).
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