As of October 11, 2024, with a market cap of $3,482 billion, Apple (NASDAQ: AAPL) topped the global ranking of the largest companies by market cap. It’s followed by Nvidia ($3,307 billion) and Microsoft ($3,091 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. | $3,482 billion |
| 2 | NVIDIA CORPORATION | $3,307 billion |
| 3 | MICROSOFT CORPORATION | $3,091 billion |
| 4 | ALPHABET INC. | $2,001 billion |
| 5 | AMAZON.COM, INC. | $1,959 billion |
| 6 | ARAMCO | $1,743 billion |
| 7 | META PLATFORMS, INC. | $1,477 billion |
| 8 | BERKSHIRE HATHAWAY INC. | $980 billion |
| 9 | BROADCOM INC. | $867 billion |
| 10 | ELI LILLY AND COMPANY | $820 billion |
| 11 | TSMC (TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY) | $819 billion |
| 12 | TESLA, INC. | $763 billion |
| 13 | WALMART INC. | $640 billion |
| 14 | JPMORGAN CHASE & CO. | $606 billion |
| 15 | UNITEDHEALTH GROUP INC. | $552 billion |
| 16 | EXXON MOBIL CORPORATION | $547 billion |
| 17 | VISA, INC. | $528 billion |
| 18 | NOVO NORDISK A/S | $521 billion |
| 19 | TENCENT HOLDINGS LIMITED | $519 billion |
| 20 | ORACLE CORPORATION | $486 billion |
| 21 | MASTERCARD, INC. | $460 billion |
| 22 | THE HOME DEPOT, INC. | $407 billion |
| 23 | PROCTER & GAMBLE COMPANY | $397 billion |
| 24 | COSTCO WHOLESALE CORPORATION | $396 billion |
| 25 | JOHNSON & JOHNSON | $386 billion |
| 26 | LVMH | $357 billion |
| 27 | ABBVIE INC. | $343 billion |
| 28 | ASML HOLDING N.V. | $327 billion |
| 29 | NETFLIX, INC. | $313 billion |
| 30 | BANK OF AMERICA CORPORATION | $310 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).
Have you read?
These US cities have households earning more than $90,000.
The 30 Best Real Estate Markets in America for 2024.
These Are the Weapons the US Sold to Taiwan.
These Are The Cheapest Places To Buy a Home in Every State, 2024.
Hollywood A-Listers Unforeseen Box Office Flops.
Add CEOWORLD magazine to your Google News feed.
Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.
Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine' prior written consent. For media queries, please contact: info@ceoworld.biz
