The United States’ Largest Companies by market capitalization, 2024
As of September 13, 2024, Apple is the most valuable company in the United States, with a market cap of $3387 billion. Following it are Microsoft ($3174 billion) and Nvidia ($2923 billion).
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) |
---|---|---|
1 | APPLE INC. | $3,387 billion |
2 | MICROSOFT CORPORATION | $3,174 billion |
3 | NVIDIA CORPORATION | $2,923 billion |
4 | AMAZON.COM, INC. | $1,963 billion |
5 | ALPHABET INC. | $1,909 billion |
6 | META PLATFORMS, INC. | $1,330 billion |
7 | BERKSHIRE HATHAWAY INC. | $971 billion |
8 | ELI LILLY AND COMPANY | $842 billion |
9 | BROADCOM INC. | $769 billion |
10 | TESLA, INC. | $734 billion |
11 | WALMART INC. | $640 billion |
12 | JPMORGAN CHASE & CO. | $588 billion |
13 | UNITEDHEALTH GROUP INC. | $543 billion |
14 | VISA, INC. | $543 billion |
15 | EXXON MOBIL CORPORATION | $494 billion |
16 | MASTERCARD, INC. | $455 billion |
17 | ORACLE CORPORATION | $447 billion |
18 | PROCTER & GAMBLE COMPANY | $408 billion |
19 | COSTCO WHOLESALE CORPORATION | $406 billion |
20 | JOHNSON & JOHNSON | $396 billion |
21 | THE HOME DEPOT, INC. | $372 billion |
22 | ABBVIE INC. | $343 billion |
23 | THE COCA-COLA COMPANY | $307 billion |
24 | BANK OF AMERICA CORPORATION | $301 billion |
25 | NETFLIX, INC. | $295 billion |
26 | MERCK & CO., INC. | $292 billion |
27 | ADOBE INC. | $260 billion |
28 | CHEVRON CORPORATION | $255 billion |
29 | AMD (ADVANCED MICRO DEVICES) | $244 billion |
30 | PEPSICO, INC. | $243 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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