The analysis identifies the ten largest companies globally by TTM revenue, including Walmart, Amazon, and PetroChina. These corporations, mainly from the retail, oil, technology, and healthcare sectors, collectively generate revenues exceeding $300 billion, with Walmart and Amazon surpassing $600 billion. Seven companies are U.S.-based, while the report emphasizes the significance of evaluating various financial metrics for informed investment decisions.
The landscape of the largest companies globally is shaped by diverse industries, reflecting a myriad of market sectors. The current rankings are primarily based on the twelve-month trailing (TTM) revenue figures, focusing exclusively on publicly traded entities within the United States or Canada. Notably absent from this compilation are prominent firms such as Saudi Aramco and State Grid, as their stocks are not publicly tradable in these markets. As of the third quarter of 2024, Walmart leads the list with significant revenues, closely followed by Amazon and PetroChina. Every firm in this analysis reported revenues exceeding $300 billion, demonstrating the vast economic scale at which these companies operate.
Among the listed companies, retail giants Walmart and Amazon each surpassed $600 billion in annual revenue, illustrating the dominance of the retail sector. Furthermore, the technological advancements are reflected by notable representation from companies such as Apple and UnitedHealth Group, which are pivotal in the tech and healthcare industries, respectively. The geographical distribution of these companies primarily includes seven firms from the United States, two from China, and one from Germany, highlighting the global nature of industry leadership.
This article primarily examines the top ten companies ranked by twelve-month trailing (TTM) revenue, with a focus on publicly traded corporations in the U.S. and Canada. It emphasizes the inclusion criteria for the list, which only comprises entities whose stocks are traded directly or through American depositary receipts. Revenue and net income data for each company reflect financial performance as of third quarter 2024, and additional details regarding market capitalization and total return are presented to offer comprehensive insights into each firm’s market position and profitability. This context aids in understanding the competitive landscape and operational scale of these corporations across various industries.
In conclusion, the investigation into the largest companies by revenue underscores a pronounced presence of retail, oil, technology, and healthcare industries. Although these corporations realize substantial revenues, their correlation with stock price returns varies, necessitating a thorough appraisal of financial health through multiple metrics beyond revenue alone. Investors and analysts must consider a diverse array of factors, including net income and market capitalization, to accurately assess a company’s investment viability.
Original Source: www.investopedia.com
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