The Fortune Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by Fortune magazine. It was first published in 1955.
Methodology Until 1989, Global 500 listed only non–United States industrial corporations under the title "International 500" while the Fortune 500 contained and still contains exclusively United States corporations. In 1990, United States companies were added to compile a truly global list of top industrial corporations as ranked by sales. Since 1995, the list has had its current form, listing also top financial corporations and service providers by revenue.
Several inconsistencies exist in Fortune ranking of cities with the most Fortune 500 headquarters. On June 3, 2011, the Atlanta Business Chronicle stated examples of Fortune including regional headquarters for some cities, excluding regional headquarters for other cities and in some cases excluding headquarters that are physically located inside a city limit.
Geographical distribution Since 2001, there has been significant change in the geographical distribution of the companies in the Global 500 rankings. Most of this growth is accounted for by a rapid increase in the number of Chinese Global 500 companies, of which there were 116 by 2026, increasing from only 10 in 2001. The number of European-based companies declined, from 158 to 123, over the same period, as well as Japanese-based companies of which there were about 107 in the ranking in 2000 to now only 40 in 2026.
Fortune Global 500 list of 2026 The following is the list of Top 10 companies in 2026: + Fortune Global 500 list of 2026 Rank Company Country Industry Revenue in USD1AmazonInternet services and retailing$716.92 billion2WalmartRetail$713.16 billion3State GridEnergy$555.37 billion4 UnitedHealth GroupHealth care$447.57 billion5Saudi AramcoEnergy$445.53 billion6AppleTechnology$416.16 billion7McKessonWholesalers: Health Care$403.43 billion8AlphabetInternet services and retailing $402.84 billion9CVS HealthHealth care$402.07 billion10China National PetroleumPetroleum$401.93 billion
Breakdown by country/territory These are the Top 10 countries/territories with the highest revenues from the Top 500 companies as of 2026:
+Breakdown by country/territory Rank Country Companies1 1412 1163 404 285 246 217 148 139 1210 10
Breakdown by region , 47 (9.4%) of the Fortune Global 500 companies are located outside East Asia, North America, and Europe:
+Breakdown by region Region CompaniesGlobal shareEast Asia 17535%North America 15531%Europe 12324.6%Rest of world 479.4%
Fortune Global 500 list of 2025 The following is the list of Top 10 companies in 2025: + Fortune Global 500 list of 2025 Rank Company Country Industry Revenue in USD1WalmartRetail$681.0 billion2AmazonInternet services and retailing$638.0 billion3State GridEnergy$548.4 billion4Saudi AramcoEnergy$480.2 billion5China National PetroleumPetroleum$412.6 billion6Sinopec GroupPetroleum$407.5 billion7 UnitedHealth GroupHealth care$400.3 billion8AppleTechnology$391.0 billion9CVS HealthHealth care$372.8 billion10Berkshire HathawayFinancials$371.4 billion
Breakdown by country/territory These are the Top 10 countries/territories with the highest revenues from the Top 500 companies as of 2025:
+Breakdown by country/territory Rank Country Companies1 1382 1243 384 305 246 207 148 139 1210 11
Breakdown by region , 50 (10%) of the Fortune Global 500 companies are located outside East Asia, North America, and Europe:
+Breakdown by region Region CompaniesGlobal shareEast Asia 18236.4%North America 15130.2%Europe 11723.4%Rest of world 5010%
Fortune Global 500 list of 2024 The following is the list of Top 10 companies in 2024: + Fortune Global 500 list of 2024 Rank Company Country Industry Revenue in USD1WalmartRetail$648.1 billion2AmazonInternet services and retailing$574.20 billion3State GridEnergy$545.8 billion4Saudi AramcoEnergy$494.9 billion5Sinopec GroupPetroleum$429.7 billion6China National PetroleumPetroleum$421.7 billion7AppleTechnology$383.3 billion8 UnitedHealth GroupHealth care$371.6 billion9Berkshire HathawayFinancials$364.5 billion10CVS HealthHealth care$357.8 billion
Breakdown by country/territory These are the Top 10 countries/territories with the highest revenues from the Top 500 companies as of August 2024:
+Breakdown by country/territory Rank Country Companies1 1392 1283 404 305 296 177 158 149 1110 11
Leadership by sector The following are the top-ranked companies in 2024 for each sector:
Sector Company Headquarters Overall rank Revenues ($M)Aerospace & DefenseChina North Industries Group Beijing0146#147 82,654ApparelChristian Dior Paris0143#119 93,137ChemicalsSinochem Holdings Beijing0038#54 143,240EnergyState Grid Corporation of China Beijing0002#3545,948Engineering & ConstructionChina State Construction Engineering Beijing0013#14 320,431FinancialsBerkshire Hathaway Omaha0014#9 364,482Food & Drug StoresKroger Cincinnati0058#51 150,039Food, Beverages & TobaccoNestlé Vevey0098#98 103,505Health CareUnitedHealth Group Minnetonka0010#8 371,622Hotels, Restaurants & LeisureCompass Group Chertsey0469#398 38,005Household ProductsProcter & Gamble Cincinnati0154#149 82,006IndustrialsHengli Group Suzhou0123#81 114,665MaterialsChina Baowu Steel Group Shanghai0044#44 157,216MediaWalt Disney Burbank0145#131 88,898Motor Vehicles & PartsVolkswagen Group Wolfsburg0015#11 348,408RetailingWalmart Bentonville0001#1 648,125TechnologyApple Cupertino0008#7 383,285TelecommunicationsChina Mobile Communications Beijing0062#55 142,832TransportationChina Post Group Beijing0086#83 112,779WholesalersTrafigura Group Singapore0012#19 244,280
Fortune Global 500 list of 2023 The following is the list of Top 10 companies in 2023: + Fortune Global 500 list of 2023 Rank Company Country Industry Revenue in USD1WalmartRetail$612.3 billion2Saudi AramcoEnergy$603.7 billion3State GridEnergy$530.0 billion4AmazonInternet services and retailing$514.0 billion5China National PetroleumPetroleum$483.1 billion6Sinopec GroupPetroleum$471.2 billion7ExxonMobilPetroleum$413.7 billion8AppleTechnology$394.3 billion9ShellPetroleum$386.2 billion10 UnitedHealth GroupHealth care$324.2 billion
Breakdown by country/territory These are the Top 10 countries/territories with the highest revenues from the Top 500 companies as of August 2023:
+Breakdown by country/territory Rank Country Companies1 1362 1353 414 305 246 187 158 149 1110 10
Breakdown by region , 28 (6%) of the Fortune Global 500 companies are located outside East Asia, North America, and Europe:
+Breakdown by region Region CompaniesGlobal shareEast Asia 20842%North America 15331%Europe 11824%Rest of world 214%
Leadership by sector The following are the top-ranked companies in 2023 for each sector:
Sector Company Headquarters Overall rank Revenues ($M)Aerospace & DefenseChina North Industries Group Beijing0146#146 82,689ApparelChristian Dior Paris0143#143 83,283ChemicalsSinochem Holdings Beijing0038#38 173,834EnergySaudi Aramco Dhahran0002#2603,651Engineering & ConstructionChina State Construction Engineering Beijing0013#13 305,885FinancialsBerkshire Hathaway Omaha0014#14 302,089Food & Drug StoresKroger Cincinnati0058#58 148,258Food, Beverages & TobaccoArcher Daniels Midland Chicago0098#98 101,556Health CareUnitedHealth Group Minnetonka0010#10 324,162Hotels, Restaurants & LeisureCompass Group Chertsey0469#469 32,564Household ProductsProcter & Gamble Cincinnati0154#154 80,187IndustrialsHengli Group Suzhou0123#123 90,944MaterialsChina Baowu Steel Group Shanghai0044#44 161,698MediaWalt Disney Burbank0145#145 82,722Motor Vehicles & PartsVolkswagen Group Wolfsburg0015#15 293,685RetailingWalmart Bentonville0001#1 611,289TechnologyApple Cupertino0008#8 394,328TelecommunicationsChina Mobile Communications Beijing0062#62 139,597TransportationChina Post Group Beijing0086#86 110,271WholesalersTrafigura Group Singapore0012#12 318,476
Fortune Global 500 list of 2022 The following is the list of Top 10 companies in 2022: + Fortune Global 500 list of 2022 Rank Company Country Industry Revenue in USD1WalmartRetail$572.8 billion2AmazonInternet Services and Retailing$469.8 billion3State GridEnergy$460.6 billion4China National PetroleumPetroleum$411.7 billion5Sinopec GroupPetroleum$401.3 billion6Saudi AramcoEnergy$400.4 billion7AppleTechnology$365.8 billion8VolkswagenAutomobiles$295.8 billion9China State Construction EngineeringConstruction & Engineering$293.7 billion10 CVS HealthHealth care$292.1 billion
Breakdown by country These are the Top 10 countries with the highest revenues from the Top 500 companies as of August 2022:
+Breakdown by country Rank Country Companies1 1452 1243 474 285 256 187 168 149 1210 11
Breakdown by region , 26 (5%) of the Fortune Global 500 companies are located outside East Asia, North America, and Europe:
+Breakdown by region Region CompaniesGlobal shareEast Asia 20842%North America 13828%Europe 12826%Rest of world 265%
Leadership by sector The following are the top-ranked companies in 2022 for each sector:
Sector Company Headquarters Overall rank Revenues ($M)Aerospace & DefenseChina North Industries Group Beijing0136#136 81,785ApparelChristian Dior Paris0156#156 75,924Business servicesRandstad Diemen0491#491 29,126Chemicals Beijing0031#31 172,260EnergyState Grid Beijing0003#3 460,617Engineering & ConstructionChina State Construction Engineering Beijing0009#9 293,712FinancialsBerkshire Hathaway Omaha0014#14 276,094Food & Drug StoresWalgreens Boots Alliance Deerfield0045#45 148,579Food, Beverages & TobaccoNestlé Vevey0103#103 95,293Health CareCVS Health Woonsocket0010#10 292,111Household ProductsProcter & Gamble Cincinnati0154#154 76,118IndustrialsHengli Group Suzhou0075#75 113,536MaterialsChina Baowu Steel Group Shanghai0044#44 150,730MediaWalt Disney Burbank0183#183 67,418Motor Vehicles & PartsVolkswagen Wolfsburg0008#8 295,820RetailingWalmart Bentonville0001#1 572,754TechnologyApple Cupertino0007#7 365,817TelecommunicationsAT&T Dallas0032#32 168,864TransportationChina Post Group Beijing0081#81 108,669WholesalersTrafigura Group Singapore0019#19 231,308
Fortune Global 500 list of 2021 The following is the list of Top 10 companies in 2021: + Fortune Global 500 list of 2021 Rank Company Country Industry Revenue in USD1WalmartRetail$559.1 billion2State GridEnergy$386.6 billion3AmazonInternet Services and Retailing$386 billion4China National PetroleumPetroleum$283.9 billion5Sinopec GroupPetroleum$283.7 billion6Apple Technology$274.5 billion7 CVS HealthHealth care$268.7 billion8UnitedHealth GroupHealth care$257.1 billion9Toyota MotorAutomobiles$256.7 billion10VolkswagenAutomobiles$253.9 billion
Breakdown by country , this is the list of the Top 10 countries with the highest revenues Top 500 companies:
+Breakdown by country Rank Country Companies1 1352 1223 534 285 276 227 158 139 1210 11
Breakdown by region , just 21 (4%) of the Fortune Global 500 companies are located outside East Asia, North America, and Europe:
+Breakdown by region Region CompaniesGlobal shareEast Asia 21142%North America 13627%Europe 13226%Rest of world 214%
Fortune Global 500 list of 2020 The following is the list of Top 10 companies in 2020:
+ Fortune Global 500 list of 2020 Rank Company Country Industry Revenue in USD1WalmartRetail$524 billion2Sinopec GroupPetroleum$407 billion3State GridEnergy$384 billion4China National PetroleumPetroleum$379 billion5Royal Dutch Shell / Petroleum$352 billion6 Saudi AramcoEnergy$330 billion7VolkswagenAutomobiles$283 billion8BPPetroleum$283 billion9Amazon.comInternet Services and Retailing$281 billion10Toyota MotorAutomobiles$275 billion
Breakdown by country , this is the list of the Top 10 countries with the highest earning Top 500 companies:
+Breakdown by country Rank Country Companies1 1242 1213 534 315 276 ‡ 227 148 149 1310 ‡ 13