The 10 biggest companies in the world to invest in (by revenue)

7 mins read
by Andy Jones
Last updated Friday, May 3, 2024

Ever wondered who the biggest companies in the world are? We reveal the 10 biggest companies by revenue.

In the fast-paced and evolving world of business, some companies soar above the rest, commanding a dominant presence on the global stage.

These powerhouses generate staggering revenues, shape industries, and leave an indelible mark on economies around the world.

Below, we explore some of the best companies in the world to invest in based on revenue, earnings and market cap.

1. Walmart

  • Revenue: $648.12 billion
  • Net income: $24.53 billion
  • Market cap: $481.25 billion

When it comes to identifying the biggest companies in the world to invest in, Walmart stands out as number one.

As a retail giant, Walmart has established an unparalleled global presence, with a vast network of stores catering to diverse consumer needs.

The company's commitment to offering low prices has resonated with millions of customers, ensuring consistent footfall and revenue.

Walmart's ability to adapt to changing market dynamics, embrace e-commerce, and provide convenient shopping options positions it as a resilient player in the industry.

Furthermore, its robust financial performance, marked by impressive revenues and operational efficiency, instils confidence in investors.

With a track record of stability, consistent growth, and a commitment to customer satisfaction, Walmart presents an interesting investment opportunity for those seeking to align themselves with a global retail leader.

2. Amazon

  • Revenue: $574.78 billion
  • Net income: $40.73 billion
  • Market cap: $1.92 trillion

As a global leader in e-commerce, Amazon has revolutionised the way we shop and transformed the retail landscape.

With its unparalleled range of products, efficient delivery, and innovative services like Amazon Prime, the company has attracted millions of customers worldwide.

Investing in Amazon offers the opportunity to tap into a business that consistently demonstrates remarkable growth and adaptability.

Its visionary leadership, relentless focus on customer experience, and commitment to innovation have propelled the company to new heights.

Beyond e-commerce, Amazon has diversified its offerings, expanding into cloud computing, digital streaming, and artificial intelligence.

Financially, Amazon showcases impressive figures, with soaring revenues and consistent profitability.

Its robust infrastructure, strong cash flow, and strategic investments position it for sustained success.

With its unwavering commitment to customer satisfaction and a penchant for disrupting industries, Amazon presents a captivating investment prospect for those seeking exposure to a global powerhouse poised for continued expansion and innovation.

3. Saudi Aramco

  • Revenue: $495.34 billion

  • Net income: $236.96 billion

  • Market cap: $1.93 trillion

As the largest energy company globally, Saudi Aramco holds a dominant position in the oil and gas industry.

With its vast reserves, state-of-the-art infrastructure, and strategic importance in the global energy market, the company offers compelling investment prospects.

Its stability as a state-owned entity and its pivotal role in powering the world's economy provide potential investors with a sense of security.

Saudi Aramco's impressive revenue and net income figures underscore its financial strength and ability to generate substantial returns.

Moreover, its long-term vision, commitment to technological advancements, and focus on sustainable practices position it well for future growth in a changing energy landscape.

For investors seeking exposure to a cornerstone of the global energy sector, Saudi Aramco represents a formidable investment opportunity.

4. Sinopec

  • Revenue: $473.53 billion
  • Net income: $15.55 billion
  • Market cap: $99.7 billion

As one of the largest integrated energy and chemical companies, Sinopec has a significant global presence and plays a vital role in meeting the world's growing energy demands.

Sinopec's diverse operations span the entire energy value chain, encompassing exploration, production, refining, and marketing.

With extensive reserves and a robust infrastructure, the company is well-positioned to capitalise on the global energy market's evolving dynamics.

Investing in Sinopec offers an opportunity to align with a company that embraces innovation, sustainability, and technological advancements.

Sinopec's commitment to clean energy solutions and its efforts to reduce environmental impact demonstrate its forward-thinking approach.

Financially, Sinopec showcases strong performance, with substantial revenues and stable profitability.

Its strategic investments and continuous optimisation of operations contribute to its resilience in a highly competitive industry.

For investors seeking exposure to the energy sector and the potential for long-term growth, Sinopec presents an intriguing investment proposition.

5. Berkshire Hathaway

  • Revenue: $439.33 billion

  • Net income: $125.16 billion

  • Market cap: $867 billion

Berkshire Hathaway boasts a track record of substantial revenue, robust income, and an impressive market cap, making it an enticing option for potential investors.

With a diversified portfolio spanning various industries including insurance, utilities, manufacturing, and retail, Berkshire Hathaway enjoys a steady stream of revenue from its vast array of subsidiaries.

Its consistent ability to generate significant income year after year showcases its stability and resilience in volatile markets.

Additionally, Berkshire Hathaway's towering market cap underscores its position as one of the largest conglomerates globally, offering investors the opportunity to invest in a company with promising growth prospects.

6. PetroChina

  • Revenue: $424.78 billion
  • Net income: $36.9 billion
  • Market cap: $248.82 billion

As China's largest oil and gas producer and distributor, PetroChina commands a significant presence in the global energy landscape.

PetroChina's vast reserves, extensive infrastructure, and diverse operations across exploration, production, refining, and marketing offer compelling investment opportunities.

The company's strategic positioning in China, one of the world's largest energy consumers, ensures a stable and growing customer base.

Investing in PetroChina provides an avenue to tap into a company that demonstrates resilience and adaptability in a dynamic market.

With a focus on efficiency, technological advancements, and sustainable practices, PetroChina aligns with evolving industry trends and environmental responsibilities.

Financially, PetroChina exhibits robust performance, with substantial revenues and consistent profitability.

The company's sound financial management and strategic investments contribute to its long-term stability and growth potential.

For investors seeking exposure to the energy sector and China's expanding market, PetroChina offers a chance to invest in the company's mission of fuelling growth and driving opportunities in the global energy landscape.

7. Petrobras

  • Revenue: $401.02 billion

  • Net income: $41.96 billion

  • Market cap: $111.92 billion

Investing in Petrobras can be an enticing prospect due to its noteworthy revenue, income, and market cap.

As a leading player in the energy sector, Petrobras boasts a solid revenue stream from its extensive operations in oil and gas exploration, production, refining, and distribution.

This consistent revenue, combined with prudent financial management, has resulted in strong income, reflecting Petrobras's ability to navigate market challenges effectively.

Petrobras's substantial market cap underscores its significance within the industry, offering investors the opportunity to gain exposure to a company with a prominent position in the global energy market.

With its potential for continued growth and stability, Petrobras may be an attractive investment option for those seeking exposure to the energy sector.

8. Apple

  • Revenue: $385.70 billion
  • Net income: $121.41 billion
  • Market cap: $2.67 trillion

As a global technology giant, Apple has redefined the consumer electronics industry.

Investing in Apple offers an opportunity to align with a company that exemplifies innovation and quality.

From the iconic iPhone to Macs and innovative wearables like the Apple Watch, Apple's product portfolio continues to dominate markets.

Financially, Apple boasts strong figures, with substantial revenues and consistent profitability. Its loyal customer base and ecosystem of products and services contribute to its enduring success.

Beyond hardware, Apple's commitment to software, services, and user experience further elevates its investment appeal.

With a focus on privacy, sustainability, and accessibility, Apple continues to shape the future of technology. Investing in Apple means joining a journey of ongoing innovation and technological advancement.

9. UnitedHealth

  • Revenue: $371.62 billion
  • Net income: $29.11 billion
  • Market cap: $453.57 billion

As a diversified health services organisation, UnitedHealth is dedicated to improving access to quality care, enhancing health outcomes, and transforming healthcare.

Investing in UnitedHealth offers an opportunity to align with a company that is at the forefront of innovation and patient-centred care.

With a vast network of healthcare providers, cutting-edge technology, and data-driven insights, UnitedHealth strives to improve the health and wellbeing of individuals and communities.

Financially, UnitedHealth boasts impressive figures, with substantial revenues and consistent profitability.

Its strategic investments in digital health solutions, telehealth, and personalised medicine position it as a driving force in the industry.

10. CVS Health

  • Revenue: $357.77 billion
  • Net income: $13.83 billion
  • Market cap: $69.23 billion

At number 10 in our list of the biggest companies in the world to invest in is CVS Health.

This diversified healthcare company is committed to delivering innovative solutions that enhance access to care, promote wellness, and improve health outcomes.

Investing in CVS Health means aligning with a company that combines the expertise of pharmacies, healthcare services, and retail convenience.

With a vast network of pharmacies, clinics, and digital health platforms, CVS Health is dedicated to making healthcare more accessible, affordable, and personalised.

CVS Health demonstrates stability and growth, with significant revenues and a focus on value creation for shareholders.

Its strategic acquisitions, investments in digital health technology, and emphasis on preventive care highlight its forward-thinking approach.

By investing in CVS Health, investors can support a company that is actively shaping the future of healthcare, empowering individuals to lead healthier lives.

Looking for expert advice?

If you’re new to investing or want to optimise your investment portfolio, it’s always recommended to seek financial advice first. 

Unbiased has access to 27,000 qualified financial professionals. Let us quickly connect you to the most suitable financial adviser today.

Disclaimer: All figures are taken from Companies Market Cap and are up to date as of 03.05.2024. This article should not be considered investment advice and it's recommended you get professional advice before making any investment decisions.

Get financial advice
We’ll find a professional perfectly matched to your needs. Getting started is easy, fast and free.
Find a financial adviser
Author
Andy Jones
Andy Jones is a content publisher at unbiased.co.uk and has over 10 years experience in copywriting, content management and content production across finance, marketing, e-commerce, leisure and lifestyle.