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    2025 Fortune Global 500 List

    2025 Fortune Global 500 list | Excel spreadsheet download

    $ 27.95

    2025 Fortune Global 500 List | Excel Spreadsheet Download

    2025 Fortune Global 500 List

     

    July 30, 2025

    Fortune has unveiled its 2025 Fortune Global 500 list, highlighting the world’s largest corporations based on their revenue for the 2024 fiscal year. Walmart, the retail giant headquartered in Arkansas, continues to hold the top position for the 11th consecutive year. Close behind are Amazon in second place, State Grid in third, Saudi Aramco in fourth, and Sinopec rounding out the top five.

    This prestigious ranking provides a snapshot of the current global corporate landscape, showcasing the strong presence of U.S. companies, which now number 139—an increase of three from the previous year. This surge has allowed the U.S. to surpass Greater China, which includes Mainland China, Hong Kong, Macau, and Taiwan, and now features 133 companies, a decrease of nine from 2023. Notably, U.S. and Chinese firms dominate the list of the ten most profitable companies.

    The financial sector has made a significant comeback on the global stage, with banks (57) and insurance companies (40) leading the pack. These industries have the most representatives on the Fortune Global 500, followed by the automotive and auto parts sector (37), petroleum refining (33), and metals (23). Financial institutions also led in key financial metrics, generating $8.6 trillion in revenue and $992 billion in profits.

    Despite the prominence of the financial sector, Big Tech continues to make its mark. Apple (ranked 7th), Alphabet (17th), Microsoft (26th), and Meta Platforms (66th) collectively achieved $282 billion in net income, an increase from the $233 billion reported last year.

    The Top 10 Companies in the 2025 Fortune Global 500:

    1. Walmart (U.S.)
    2. Amazon.com (U.S.)
    3. State Grid (China)
    4. Saudi Aramco (Saudi Arabia)
    5. Sinopec (China)
    6. China National Petroleum (China)
    7. Apple (U.S.)
    8. UnitedHealth Group (U.S.)
    9. Berkshire Hathaway (U.S.)
    10. CVS Health (U.S.)

    The 2025 list reveals that Fortune Global 500 companies generated a record $41 trillion in total revenue, a slight 0.1% increase, and employed 70.5 million people worldwide. While revenue growth remained relatively flat in 2023, profits saw a 2% increase after a decline in the previous year. Saudi Aramco, ranked 4th, continues its streak as the most profitable company on the list, reporting $121 billion in profits for the third consecutive year.

    However, the number of women CEOs leading Fortune Global 500 companies saw a slight decrease, falling to 28, one less than last year. CVS Health, under the leadership of CEO Karen Lynch, is the largest company by revenue helmed by a woman. The United States is home to 15 companies with female CEOs, followed by France with four, and Brazil, the UK, and China with two each.

    These global companies are headquartered in 238 cities across 35 countries and territories. Notably, Beijing, Tokyo, New York, Shanghai, and Seoul serve as home to nearly a quarter of the companies on the list. London and Paris are each just one company shy of joining the top five cities.

    This year’s list also includes 13 newcomers, reflecting the world’s growing interest in artificial intelligence and weight-loss treatments. Among the new entries are Nvidia, a leading chip maker (ranked 222nd), and Novo Nordisk, a pharmaceutical firm (ranked 469th).

    The Fortune Global 500 ranks companies by their total revenue for fiscal years ending on or before March 31, 2024. To be eligible, companies must publicly disclose their financial data and report at least a portion of it to a government agency. The latest data in the list is as reported by the companies, with any year-over-year comparisons based on the previous year’s originally reported figures. Fortune does not adjust prior figures for changes in accounting practices.

     

    Download the 2025 Fortune Global 500 list to see all the companies. The columns in the 2024 Fortune Global 500 spreadsheet include RANK | COMPANY NAME | HEADQUARTERS COUNTRY | HEADQUARTERS CITY / STATE | INDUSTRY SECTOR | CEO NAME | WEBSITE URL | COMPANY TYPE (public/private) | TICKER SYMBOL | EMPLOYEE COUNT | MARKET VALUE ($M) | REVENUES ($M) | ASSETS ($M)

    Would you like to see the first 25 companies in the 2025 Fortune Global 500 spreadsheet list for free? Download the FREE Fortune Global 500 spreadsheet list here:

    FREE 2022 Fortune Global 500 spreadsheet list download icon

    2025 Fortune Global 500 list

    GLOBAL FORTUNE RANK COMPANY NAME COUNTRY HEADQUARTERS CEO NAME COMPANY URL
    1 Walmart United States C. Douglas McMillon https://www.stock.walmart.com
    2 Amazon United States Andrew R. Jassy https://www.amazon.com
    3 State Grid China Zhang Zhigang https://www.sgcc.com.cn
    4 Saudi Aramco Saudi Arabia Amin H. Nasser https://www.aramco.com
    5 Sinopec Group China Ma Yongsheng https://www.sinopec.com
    6 China National Petroleum China Dai Houliang https://www.cnpc.com.cn
    7 Apple United States Timothy D. Cook https://www.apple.com
    8 UnitedHealth Group United States Andrew P. Witty https://www.unitedhealthgroup.com
    9 Berkshire Hathaway United States Warren E. Buffett https://www.berkshirehathaway.com
    10 CVS Health United States Karen S. Lynch https://www.cvshealth.com
    11 Volkswagen Germany Oliver Blume https://volkswagen-group.com
    12 Exxon Mobil United States Darren W. Woods https://www.exxonmobil.com
    13 Shell Britain Wael Sawan https://www.shell.com
    14 China State Construction Engineering China Zheng Xuexuan https://www.cscec.com
    15 Toyota Motor Japan Koji Sato https://global.toyota/en/
    16 McKesson United States Brian S. Tyler https://www.mckesson.com
    17 Alphabet United States Sundar Pichai https://www.abc.xyz
    18 Cencora United States Steven H. Collis https://www.cencora.com
    19 Trafigura Group Singapore Jeremy Weir https://www.trafigura.com
    20 Costco Wholesale United States Ron M. Vachris https://www.costco.com
    21 JPMorgan Chase United States James Dimon https://www.jpmorganchase.com
    22 Industrial & Commercial Bank of China China Liao Lin https://www.icbc-ltd.com
    23 TotalEnergies France Patrick Pouyanne https://www.totalenergies.com
    24 Glencore Switzerland Gary Nagle https://www.glencore.com
    25 BP Britain Murray Auchincloss https://www.bp.com
    26 Microsoft United States Satya Nadella https://www.microsoft.com
    27 Cardinal Health United States Jason M. Hollar https://www.cardinalhealth.com
    28 Stellantis Netherlands Carlos Tavares https://www.stellantis.com
    29 Chevron United States Michael K. Wirth https://www.chevron.com
    30 China Construction Bank China Zhang Jinliang https://www.ccb.com
    31 Samsung Electronics South Korea Jong-Hee Han https://www.samsung.com
    32 Hon Hai Precision Industry Taiwan Young-Way Liu https://www.honhai.com
    33 Cigna United States David M. Cordani https://www.thecignagroup.com
    34 Agricultural Bank of China China Gu Shu https://www.abchina.com
    35 China Railway Engineering Group China Chen Wen Jian https://www.crecg.com
    36 Ford Motor United States James D. Farley Jr. https://www.ford.com
    37 Bank of China China Ge Haijiao https://www.boc.cn
    38 Bank of America United States Brian T. Moynihan https://www.bankofamerica.com
    39 General Motors United States Mary T. Barra https://www.gm.com
    40 Elevance Health United States Gail K. Boudreaux https://www.elevancehealth.com
    41 BMW Group Germany Oliver Zipse https://www.bmwgroup.com
    42 Mercedes-Benz Group Germany Ola Källenius https://group.mercedes-benz.com
    43 China Railway Construction China Dai Hegen https://www.crcc.cn
    44 China Baowu Steel Group China Hu Wangming https://www.baowugroup.com
    45 Citigroup United States Jane Fraser https://www.citigroup.com
    46 Centene United States Sarah M. London https://www.centene.com
    47 JD.com China Sandy Ran Xu https://www.jd.com
    48 Home Depot United States Edward P. Decker https://www.homedepot.com
    49 Electricite de France France Luc Rémont https://www.edf.fr
    50 Marathon Petroleum United States Maryann T. Mannen https://www.marathonpetroleum.com
    51 Kroger United States W. Rodney McMullen https://www.thekrogerco.com
    52 Phillips 66 United States Mark E. Lashier https://www.phillips66.com
    53 Ping An Insurance China Michael Guo/Xie Yonglin https://www.group.pingan.com
    54 Sinochem Holdings China Li Fanrong https://www.sinochem.com
    55 China Mobile Communications China Yang Jie https://www.10086.cn
    56 China National Offshore Oil China Wang DongJin https://www.cnooc.com.cn
    57 Honda Motor Japan Toshihiro Mibe https://global.honda/
    58 Fannie Mae United States Priscilla Almodovar https://www.fanniemae.com
    59 China Life Insurance China Bai Tao https://www.chinalife.com.cn
    60 Walgreens Boots Alliance United States Timothy Wentworth https://www.walgreensbootsalliance.com
    61 Valero Energy United States R. Lane Riggs https://www.valero.com
    62 Banco Santander Spain Héctor Blas Grisi Checa https://www.santander.com
    63 China Communications Construction China Wang Tongzhou https://www.ccccltd.cn
    64 BNP Paribas France Jean-Laurent Bonnafé https://group.bnpparibas
    65 Mitsubishi Japan Katsuya Nakanishi https://www.mitsubishicorp.com
    66 Meta Platforms United States Mark Zuckerberg https://investor.fb.com
    67 HSBC Holdings Britain Noel P. Quinn https://www.hsbc.com
    68 Verizon Communications United States Hans E. Vestberg https://www.verizon.com
    69 China Minmetals China Weng Zuliang https://www.minmetals.com
    70 Alibaba Group Holding China Eddie Wu https://www.alibabagroup.com
    71 CITIC Group China Xi Guohua https://www.group.citic
    72 China Resources China Wang Xiangming https://www.crc.com.hk
    73 Hyundai Motor South Korea Euisun Chung/Jae-Hoon Chang https://www.hyundai.com/worldwide/en
    74 AT&T United States John T. Stankey https://www.att.com
    75 Shandong Energy Group China Li Wei https://www.shandong-energy.com
    76 Comcast United States Brian L. Roberts https://www.comcastcorporation.com
    77 Deutsche Telekom Germany Timotheus Höttges https://www.telekom.com
    78 China Southern Power Grid China Meng Zhenping https://www.csg.cn
    79 Uniper Germany Michael Lewis https://www.uniper.energy
    80 Wells Fargo United States Charles W. Scharf https://www.wellsfargo.com
    81 Hengli Group China Chen Jianhua https://www.hengli.com
    82 Allianz Germany Oliver Bäte https://www.allianz.com
    83 China Post Group China Liu Aili https://www.chinapost.com.cn
    84 China Energy Investment China Liu Guoyue https://www.ceic.com
    85 Xiamen C&D China Huang Wenzhou https://www.chinacdc.com
    86 Reliance Industries India Mukesh D. Ambani https://www.ril.com
    87 Goldman Sachs Group United States David M. Solomon https://www.goldmansachs.com
    88 Freddie Mac United States Michael T. Hutchins https://www.freddiemac.com
    89 Rosneft Oil Russia Igor I. Sechin https://www.rosneft.com
    90 Target United States Brian C. Cornell https://www.target.com
    91 Equinor Norway Anders Opedal https://www.equinor.com
    92 Humana United States James A. Rechtin https://www.humana.com
    93 SAIC Motor China Wang Xiaoqiu https://www.saicmotor.com
    94 State Farm Insurance United States Michael L. Tipsord https://www.statefarm.com
    95 Life Insurance Corp. of India India Siddhartha Mohanty https://www.licindia.in
    96 Nestle Switzerland Ulf Mark Schneider https://www.nestle.com
    97 Enel Italy Flavio Cattaneo https://www.enel.com
    98 ENI Italy Claudio Descalzi https://www.eni.com
    99 Petrobras Brazil Magda Chambriard https://www.petrobras.com.br
    100 SK South Korea Jang Yung-ho/Tae-Won Chey https://www.sk.co.kr
    101 E.ON Germany Leonhard Birnbaum https://www.eon.com
    102 Gazprom Russia Alexey B. Miller https://www.gazprom.com
    103 Huawei Investment & Holding China Ren Zhengfei https://www.huawei.com
    104 Societe Generale France Slawomir Krupa https://www.societegenerale.com
    105 Bosch Group Germany Stefan Hartung https://www.bosch.com
    106 COFCO China Luan Richeng https://www.cofco.com
    107 Itochu Japan Masahiro Okafuji https://www.itochu.co.jp
    108 PowerChina China Ding Yanzhang https://www.powerchina.cn
    109 Pemex Mexico Octavio Romero Oropeza https://www.pemex.com
    110 Tesla United States Elon Musk https://www.tesla.com
    111 Morgan Stanley United States Edward N. Pick https://www.morganstanley.com
    112 Sinopharm China Bai Zhongquan https://www.sinopharm.com
    113 Brookfield Canada Bruce Flatt https://www.brookfield.com
    114 Royal Ahold Delhaize Netherlands Frans Muller https://www.aholddelhaize.com
    115 Johnson & Johnson United States Joaquin Duato https://www.jnj.com
    116 Indian Oil India Shrikant Madhav Vaidya https://www.iocl.com
    117 Archer Daniels Midland United States Juan R. Luciano https://www.adm.com
    118 Credit Agricole France Philippe Brassac https://www.credit-agricole.com
    119 Christian Dior France Antoine Arnault https://www.dior-finance.com
    120 Nippon Telegraph and Telephone Japan Akira Shimada https://group.ntt/en/
    121 Mitsui Japan Kenichi Hori https://www.mitsui.com
    122 Carrefour France Alexandre Bompard https://www.carrefour.com
    123 PepsiCo United States Ramon L. Laguarta https://www.pepsico.com
    124 United Parcel Service United States Carol B. Tome https://www.ups.com
    125 PTT Thailand Kongkrapan Intarajang https://www.pttplc.com
    126 AXA France Thomas Buberl https://www.axa.com
    127 FedEx United States Rajesh Subramaniam https://www.fedex.com
    128 Sony Japan Kenichiro Yoshida https://www.sony.net
    129 China FAW Group China Qiu Xiandong https://www.faw.com.cn
    130 Engie France Catherine MacGregor https://www.engie.com
    131 Walt Disney United States Robert A. Iger https://www.thewaltdisneycompany.com
    132 Orlen Poland Ireneusz Fąfara https://www.orlen.pl
    133 Dell Technologies United States Michael S. Dell https://www.delltechnologies.com/
    134 DHL Group Germany Tobias Meyer https://group.dhl.com
    135 China Telecommunications China Ke Ruiwen https://www.chinatelecom.com.cn
    136 Nissan Motor Japan Makoto Uchida https://www.nissan-global.com
    137 Royal Bank of Canada Canada David I. McKay https://www.rbc.com
    138 Zhejiang Rongsheng Holding Group China Li Shuirong https://www.rong-sheng.com
    139 Lowe's United States Marvin R. Ellison https://www.lowes.com
    140 Tesco Britain Ken Murphy https://www.tescoplc.com
    141 Tencent Holdings China Pony Ma https://www.tencent.com
    142 Xiamen ITG Holding Group China Xu Xiaoxi https://www.itgholding.com.cn
    143 BYD China Wang Chuanfu https://www.byd.com
    144 Nippon Life Insurance Japan Hiroshi Shimizu https://www.nissay.co.jp
    145 Siemens Germany Roland Busch https://www.siemens.com
    146 Japan Post Holdings Japan Hiroya Masuda https://www.japanpost.jp/en/
    147 Aviation Industry Corp. of China China Zhou Xinmin https://www.avic.com
    148 Mitsubishi UFJ Financial Group Japan Hironori Kamezawa https://www.mufg.jp
    149 Procter & Gamble United States Jon R. Moeller https://www.pginvestor.com
    150 Wuchan Zhongda Group China Chen Xin https://www.wzgroup.cn
    151 Seven & I Holdings Japan Ryuichi Isaka https://www.7andi.com
    152 Albertsons United States Vivek Sankaran https://www.albertsonscompanies.com
    153 ENEOS Holdings Japan Miyata Tomohide https://www.hd.eneos.co.jp
    154 Bank of Communications China Ren Deqi https://www.bankcomm.com
    155 Energy Transfer United States Thomas E. Long/Marshall S. McCrea III https://www.energytransfer.com
    156 U.S. Postal Service United States Louis DeJoy https://www.usps.com
    157 Jiangxi Copper China Zheng Gaoqing https://www.jxcc.com
    158 People's Insurance Co. of China China Wang Tingke https://www.picc.com.cn
    159 Boeing United States Kelly K. Ortberg https://www.boeing.com
    160 China North Industries Group China Cheng Fubo https://www.norincogroup.com.cn
    161 Pacific Construction Group China Yan Hao https://www.cpcg.com.cn
    162 Kia South Korea Ho-Sung Song https://www.kia.com
    163 Sysco United States Kevin P. Hourican https://www.sysco.com
    164 Dai-ichi Life Holdings Japan Tetsuya Kikuta https://www.dai-ichi-life-hd.com
    165 Pertamina Indonesia Nicke Widyawati https://www.pertamina.com
    166 Vinci France Xavier Huillard https://www.vinci.com
    167 Petronas Malaysia Tengku Muhammad Taufik https://www.petronas.com
    168 Toronto-Dominion Bank Canada Bharat B. Masrani https://www.td.com
    169 Lukoil Russia Vadim N Vorobyov https://www.lukoil.com
    170 Shaanxi Coal & Chemical Industry China Zhang Wenqi https://www.shccig.com
    171 Shenghong Holding Group China Miao Hangen https://www.shenghonggroup.cn
    172 BASF Germany Markus Kamieth https://www.basf.com
    173 China Poly Group China Zhang Wanshun https://www.poly.com.cn
    174 Groupe BPCE France Nicolas Namias https://www.groupebpce.com
    175 Shandong Weiqiao Pioneering Group China Zhang Bo https://www.weiqiaocy.com
    176 JBS Brazil Gilberto Tomazoni https://jbs.com.br
    177 Alimentation Couche-Tard Canada Brian P. Hannasch https://corpo.couche-tard.com
    178 State Bank of India India Dinesh Kumar Khara https://www.sbi.co.in
    179 China Merchants Bank China Wang Liang https://www.cmbchina.com
    180 Oil & Natural Gas India Arun Kumar Singh https://www.ongcindia.com
    181 Guangzhou Automobile Industry Group China Zeng Qinghong https://www.gac.com.cn
    182 UBS Group Switzerland Sergio P. Ermotti https://www.ubs.com
    183 Airbus Netherlands Guillaume Faury https://www.airbus.com
    184 Toyota Tsusho Japan Ichiro Kashitani https://www.toyota-tsusho.com
    185 Zhejiang Geely Holding Group China Li Donghui https://www.zgh.com
    186 Taiwan Semiconductor Manufacturing Taiwan C.C. Wei https://www.tsmc.com
    187 XMXYG China Zhang Shuili https://www.xiangyu-group.com
    188 RTX United States Christopher T. Calio https://www.rtx.com
    189 Itau Unibanco Holding Brazil Milton Maluhy Filho https://www.itau.com.br
    190 ArcelorMittal Luxembourg Aditya Mittal https://www.arcelormittal.com
    191 General Electric United States H. Lawrence Culp Jr. https://www.ge.com
    192 Beijing Automotive Group China Jiang Deyi https://www.baicgroup.com.cn
    193 Lockheed Martin United States James D. Taiclet Jr. https://www.lockheedmartin.com
    194 Koc Holding Turkey Levent Çakıroğlu https://www.koc.com.tr
    195 American Express United States Stephen J. Squeri https://www.americanexpress.com
    196 Hitachi Japan Keiji Kojima https://www.hitachi.com
    197 Roche Group Switzerland Thomas Schinecker https://www.roche.com
    198 Wilmar International Singapore Kuok Khoon Hong https://www.wilmar-international.com
    199 Caterpillar United States D. James Umpleby III https://www.caterpillar.com
    200 Banco Bilbao Vizcaya Argentaria Spain Onur Genҫ https://www.bbva.com
    201 Korea Electric Power South Korea Dong-Cheol Kim https://www.kepco.co.kr
    202 MetLife United States Michel A. Khalaf https://www.metlife.com
    203 AEON Japan Akio Yoshida https://www.aeon.info
    204 Lloyds Banking Group Britain Charlie Nunn https://lloydsbankinggroup.com
    205 Deutsche Bank Germany Christian Sewing https://www.db.com
    206 China Vanke China Zhu Jiusheng https://www.vanke.com
    207 HCA Healthcare United States Samuel N. Hazen https://www.hcahealthcare.com
    208 Sumitomo Mitsui Financial Group Japan Toru Nakashima https://www.smfg.co.jp/english/
    209 LG Electronics South Korea William Cho https://www.lg.com
    210 Unilever Britain Hein Schumacher https://www.unilever.com
    211 Accenture Ireland Julie Sweet https://www.accenture.com
    212 Barclays Britain C.S. Venkatakrishnan https://www.home.barclays
    213 Jinneng Holding Group China Li Guobiao https://www.jnkgjtnews.com
    214 Aluminum Corp. of China China Duan Xiangdong https://www.chinalco.com.cn
    215 Munich Re Group Germany Joachim Wenning https://www.munichre.com
    216 Sberbank Russia Herman O. Gref https://www.sberbank.ru
    217 Banco do Brasil Brazil Tarciana Paula Gomes Medeiros https://www.bb.com.br
    218 Progressive United States Susan Patricia Griffith https://www.progressive.com
    219 IBM United States Arvind Krishna https://www.ibm.com
    220 Nippon Steel Corporation Japan Eiji Hashimoto https://www.nipponsteel.com
    221 Deere United States John C. May https://www.deere.com
    222 Nvidia United States Jensen Huang https://www.nvidia.com
    223 StoneX Group United States Sean M. O'Connor https://www.stonex.com
    224 Zurich Insurance Group Switzerland Mario Greco https://www.zurich.com
    225 Bouygues France Olivier Roussat https://www.bouygues.com
    226 Mizuho Financial Group Japan Masahiro Kihara https://www.mizuhogroup.com
    227 Daimler Truck Holding Germany Martin Daum https://www.daimlertruck.com
    228 ING Group Netherlands Steven van Rijswijk https://www.ing.com
    229 Merck United States Robert M. Davis https://www.merck.com
    230 Bunge United States Gregory A. Heckman https://www.bunge.com
    231 Anheuser-Busch InBev Belgium Michel Doukeris https://www.ab-inbev.com
    232 Industrial Bank China Lyu Jiajin https://www.cib.com.cn
    233 POSCO Holdings South Korea In-Wha Chang https://www.posco.com
    234 Panasonic Holdings Japan Yuki Kusumi https://holdings.panasonic/global
    235 ConocoPhillips United States Ryan M. Lance https://www.conocophillips.com
    236 Pfizer United States Albert Bourla https://www.pfizer.com
    237 Delta Air Lines United States Edward H. Bastian https://www.delta.com
    238 China Huaneng Group China Wen Shugang https://www.chng.com.cn
    239 China Energy Engineering Group China Song Hailiang https://www.ceec.net.cn
    240 Dongfeng Motor China Yang Qing https://www.dfmc.com.cn
    241 TD Synnex United States Patrick Zammit/Richard T. Hume https://www.tdsynnex.com
    242 Publix Super Markets United States Kevin S. Murphy https://www.publix.com
    243 Zhejiang Hengyi Group China Qiu Jianlin https://www.hengyi.com
    244 Allstate United States Thomas J. Wilson https://www.allstate.com
    245 Assicurazioni Generali Italy Philippe R. Donnet https://www.generali.com
    246 Cisco Systems United States Charles H. Robbins https://www.cisco.com
    247 Repsol Spain Josu Jon Imaz San Miguel https://www.repsol.com
    248 Lenovo Group China Yang Yuanqing https://www.lenovo.com
    249 HBIS Group China Yu Yong https://www.hbisco.com
    Download the list to see 250-500        


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