List of public corporations by market capitalization explained

The following is a list of publicly traded companies having the greatest market capitalization, sometimes described as their "market value":[1]

Market capitalization is calculated by multiplying the share price on a selected day and the number of outstanding shares on that day. The list is expressed in USD millions, using exchange rates from the selected day to convert other currencies.[2]

Trillion-dollar companies

The table below lists all companies which have, at any point, had a market capitalization in excess of $1 trillion, the date on which their market cap first exceeded $1 trillion and their record market cap.[3] [4]

Notes and References

  1. News: Grocer. Stephen. 5 February 2019. Biggest Public Company? Microsoft. Wait, Apple Again. Amazon? No, Back to Microsoft.. en-US. The New York Times. 20 February 2022. 0362-4331. 20 February 2022. https://web.archive.org/web/20220220110633/https://www.nytimes.com/2019/02/05/business/dealbook/apple-amazon-microsoft-market-value.html. live.
  2. Web site: FT 500 2015 Introduction and methodology. Financial Times. 19 June 2015. 20 July 2015. 2 September 2016. https://web.archive.org/web/20160902100616/http://www.ft.com/cms/s/2/1fda5794-169f-11e5-b07f-00144feabdc0.html. live.
  3. Web site: Companies ranked by Market Cap - CompaniesMarketCap.com. 9 December 2021. companiesmarketcap.com. en-us. 14 April 2021. https://web.archive.org/web/20210414112804/https://companiesmarketcap.com/. live.
  4. Web site: Davies. Rob. Apple becomes world's first trillion-dollar company. TheGuardian.com. 2 August 2018. 3 November 2019. 28 April 2020. https://web.archive.org/web/20200428201743/https://www.theguardian.com/technology/2018/aug/02/apple-becomes-worlds-first-trillion-dollar-company. live.
  5. Web site: Popken. Ben. Apple just became the first U.S. Company worth $2 trillion. NBC News. 19 August 2020. 19 August 2020. 19 August 2020. https://web.archive.org/web/20200819155155/https://www.nbcnews.com/business/business-news/apple-now-worth-2-trillion-making-it-most-valuable-company-n1237287. live.
  6. Web site: Smith. Zachary Snowdon. Apple Becomes 1st Company Worth $3 Trillion. Forbes. 3 January 2022. 3 January 2022. https://web.archive.org/web/20220103220644/https://www.forbes.com/sites/zacharysmith/2022/01/03/apple-becomes-1st-company-worth-3-trillion-greater-than-the-gdp-of-the-uk/amp/. live.
  7. News: Saul . Derek . 15 October 2024 . Apple Stock Rises To All-Time High—And Record $3.6 Trillion Market Cap . . 15 October 2024 . https://archive.today/20241015205328/https://www.forbes.com/sites/dereksaul/2024/10/15/apple-stock-rises-to-all-time-high-and-record-36-trillion-market-cap/ . live.
  8. Web site: 30 May 2023 . Nvidia hits $1 trillion market cap . 30 May 2023 . . 30 May 2023 . https://web.archive.org/web/20230530135203/https://finance.yahoo.com/news/nvidia-touches-1-trillion-market-cap-as-chipmaker-rides-ai-wave-133530381.html . live .
  9. Web site: Saul . Derek . 23 February 2024 . Nvidia Tops $2 Trillion Market Value For First Time Ever . 23 February 2024 . . en . 23 February 2024 . https://web.archive.org/web/20240223152414/https://www.forbes.com/sites/dereksaul/2024/02/23/nvidia-tops-2-trillion-market-value-for-first-time-ever/ . live .
  10. Web site: Leswing . Kif . Nvidia passes Apple in market cap as second-most valuable public U.S. company . 5 June 2024 . . 11 June 2024 . https://web.archive.org/web/20240611151019/https://www.cnbc.com/2024/06/05/nvidia-passes-apple-in-market-cap.html . 11 June 2024 . live.
  11. Web site: Clark . Adam . Root . Al . 21 October 2024 . Nvidia Reaches $3.5 Trillion Market Value. It's Right on Apple's Heels. . 18 June 2024 . . https://archive.today/20241021220639/https://www.barrons.com/amp/articles/nvidia-stock-price-market-cap-earnings-9c10b6ad . 21 October 2024 . live . en.
  12. Web site: Levy . Ari . 25 April 2019 . Microsoft hits $1 trillion market cap for the first time as stock jumps on earnings beat . . 13 February 2024 . 30 November 2023 . https://web.archive.org/web/20231130194116/https://www.cnbc.com/2019/04/25/microsoft-hits-1-trillion-market-cap-for-the-first-time-on-earnings.html . live .
  13. News: Microsoft Rises to Join Apple in Exclusive $2 Trillion Club. Vlastelica. Ryan. Bass. Dina. 22 June 2021. Bloomberg L.P.. 22 June 2021. 22 June 2021. https://web.archive.org/web/20210622213727/https://www.bloomberg.com/news/articles/2021-06-22/microsoft-rallies-to-join-apple-in-exclusive-2-trillion-club. live.
  14. Web site: Oguh . Chibuike . 24 January 2024 . Microsoft hits $3 trillion market value, second to Apple . 26 January 2024 . Reuters.
  15. News: Seitz . Patrick . Apple Stock First To Close Above $3.5 Trillion Market Cap . 9 July 2024 . . en-US . 10 July 2024 . 11 July 2024 . https://web.archive.org/web/20240711013815/https://www.investors.com/news/technology/apple-stock-first-to-close-above-3-5-trillion-market-cap/ . live .
  16. Web site: 11 December 2019 . Saudi Aramco becomes most valuable listed company in history . 10 December 2022 . . en . 13 October 2023 . https://web.archive.org/web/20231013153342/https://www.theguardian.com/business/2019/dec/11/saudi-aramco-shares-soar-as-it-becomes-world-largest-listed-company . live .
  17. Web site: Riley . Charles . 12 December 2019 . The world has its first $2 trillion company. But for how long? . 10 December 2022 . . en . 12 December 2019 . https://web.archive.org/web/20191212140841/https://www.cnn.com/2019/12/12/investing/saudi-aramco-2-trillion/index.html . live .
  18. News: Wael . Salma . 10 May 2022 . Saudi Aramco briefly becomes world's top-valued company as shares surge . . 13 February 2024 . 13 February 2024 . https://web.archive.org/web/20240213065853/https://www.arabnews.com/node/2078926/ajax/aggregate . live .
  19. Web site: Elias . Jennifer . 16 January 2020 . Alphabet, Google's parent company, hits trillion-dollar market cap for first time . . 13 February 2024 . 30 October 2023 . https://web.archive.org/web/20231030093038/https://www.cnbc.com/2020/01/16/alphabet-stock-hits-1-trillion-market-cap-for-first-time.html . live .
  20. News: Google hits $2 trillion market cap, joining ranks of Microsoft and Apple. Howley. Daniel. 8 November 2021. Yahoo! Finance. 8 November 2021. 8 November 2021. https://web.archive.org/web/20211108154003/https://finance.yahoo.com/news/google-hits-2-trillion-market-cap-152843213.html. live.
  21. Web site: Vlastelica . Ryan . 26 April 2024 . Alphabet Joins $2 Trillion Club as Results Show AI Strength . . 26 April 2024 . 26 April 2024 . https://archive.today/20240426172120/https://www.bloomberg.com/news/articles/2024-04-26/alphabet-leaps-into-2-trillion-club-as-results-show-ai-strength . live .
  22. Web site: Amazon is now worth $1,000,000,000,000. DePillis. Lydia. 4 September 2018. CNNMoney. 31 January 2020. 31 January 2020. https://web.archive.org/web/20200131221947/https://money.cnn.com/2018/09/04/technology/amazon-1-trillion/index.html. live.
  23. News: Liu . Evie . 20 December 2023 . Three Magnificent Seven Stocks Hit Record Highs This Past Month. Will the Others Follow? . . 13 February 2024 . 13 February 2024 . https://web.archive.org/web/20240213065853/https://www.barrons.com/articles/magnificent-seven-stocks-records-36195b6c . live .
  24. Web site: Smith . AmitConnor . 11 April 2024 . Alphabet and Amazon.com Approach Mega Milestones . . 26 April 2024 . 15 April 2024 . https://web.archive.org/web/20240415201200/https://www.barrons.com/livecoverage/stock-market-today-041124/card/alphabet-and-amazon-com-approach-mega-milestones-MyTyj6gr40c0TmfwbkPW . live .
  25. Web site: 28 June 2021 . Louise . Moon . Io . Dodds . Facebook joins $1 trillion club after antitrust win . . 13 February 2024 . 13 February 2024 . https://web.archive.org/web/20240213065853/https://www.telegraph.co.uk/business/2021/06/28/facebooks-hits-1-trillion-valuation-antitrust-win/ . live .
  26. News: Pelletier . Martin . 12 February 2024 . Markets have turned into a one-trick pony — and that doesn't bode well . . 13 February 2024 . 12 February 2024 . https://web.archive.org/web/20240212113935/https://financialpost.com/investing/markets-turned-one-trick-pony-doesnt-bode-well . live .
  27. Web site: 25 October 2021 . Tesla breaches $1 trillion market cap . 25 October 2021 . . 25 October 2021 . https://web.archive.org/web/20211025172857/https://www.reuters.com/business/autos-transportation/tesla-breaches-1-trillion-market-cap-2021-10-25/ . live .
  28. Web site: Tully . Shawn . 3 November 2021 . Tesla stock just made the biggest 12-day gain in the history of capital markets . . 13 February 2024 . 13 February 2024 . https://web.archive.org/web/20240213065853/https://fortune.com/2021/11/03/tsla-tesla-stock-biggest-12-day-gain-history-of-capital-markets/ . live.
  29. Web site: Top companies in the world by market capitalization. Statista.
    CompanyCountryWhen first passedRecord value dateRecord value Notes
    width=120pt$1 trillionwidth=120pt$2 trillionwidth=120pt$3 trillionNominalInflation-
    adjusted
    Apple[4] [5] [6] [7] .
    Nvidia[8] [9] [10] [11] .
    [12] [13] [14] [15] .
    Saudi Aramco[16] [17] [18] .:
    Alphabet[19] [20] [21] .
    [22] [23] [24] .
    Meta[25] [26] .
    Tesla[27] [28] .: