The United States’ Largest Companies by market capitalization, 2024
As of March 8, 2024, Microsoft is the most valuable company in the United States, with a market cap of $2988 billion. Following it are Apple ($2612 billion) and Nvidia CORPORATION ($2183 billion). The United States’ top five most valuable companies include some of the world’s most renowned brands: AMAZON.COM, INC. (No. 4, $1802 billion) and ALPHABET INC. (No. 5, $1640 billion).
Overall, among the United States’ top 10 largest companies by market capitalization, the sixth, seventh, eighth, ninth, and tenth positions are held by Meta Platforms, Berkshire Hathaway, Eli Lilly And Company, Broadcom Inc., and Visa.
Which one is the most valuable in the United States by market cap? This list comprises the biggest companies currently in the United States by market cap in 2024:
The United States Largest Companies by market capitalization, 2024
RANK | COMPANY | MARKET CAPITAL (USD DOLLAR) | CEO |
---|---|---|---|
1 | MICROSOFT CORPORATION | $2,988 billion | Satya Nadella |
2 | APPLE INC. | $2,612 billion | Timothy D. Cook |
3 | NVIDIA CORPORATION | $2,183 billion | Jen-Hsun Huang |
4 | AMAZON.COM, INC. | $1,802 billion | Andrew R. Jassy |
5 | ALPHABET INC. | $1,640 billion | Sundar Pichai |
6 | META PLATFORMS, INC. | $1,265 billion | Mark Elliot Zuckerberg |
7 | BERKSHIRE HATHAWAY INC. | $874 billion | Warren E. Buffett |
8 | ELI LILLY AND COMPANY | $702 billion | David A. Ricks |
9 | BROADCOM INC. | $626 billion | Hock E. Tan |
10 | VISA, INC. | $563 billion | Ryan M. McInerney |
11 | TESLA, INC. | $562 billion | Elon R. Musk |
12 | JPMORGAN CHASE & CO. | $546 billion | James Dimon |
13 | WALMART INC. | $488 billion | C. Douglas McMillon |
14 | MASTERCARD, INC. | $440 billion | Michael Miebach |
15 | UNITEDHEALTH GROUP INC. | $436 billion | Andrew Philip Witty |
16 | EXXON MOBIL CORPORATION | $424 billion | Darren W. Woods |
17 | JOHNSON & JOHNSON | $384 billion | Joseph J. Wolk CPA |
18 | THE HOME DEPOT, INC. | $376 billion | Edward P. Decker |
19 | PROCTER & GAMBLE COMPANY | $375 billion | Jon R. Moeller |
20 | COSTCO WHOLESALE CORPORATION | $343 billion | Ron M. Vachris |
21 | ADVANCED MICRO DEVICES, INC. | $340 billion | Lisa Su |
22 | ABBVIE INC. | $320 billion | Richard A. Gonzalez |
23 | MERCK & CO., INC. | $313 billion | Robert M. Davis J.D. |
24 | ORACLE CORPORATION | $309 billion | Safra Ada Catz |
25 | SALESFORCE.COM, INC. | $294 billion | Marc Benioff |
26 | INTEL CORPORATION | $188 billion | Patrick P. Gelsinger |
27 | QUALCOMM, INC. | $188 billion | Cristiano Renno Amon |
28 | DANAHER CORPORATION | $187 billion | Rainer M. Blair |
29 | ALIBABA GROUP HOLDING LIMITED | $185 billion | Eddie Wu |
30 | INTUIT INC. | $182 billion | Sasan K. Goodarzi |
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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