The Stock market has changed a lot over the last year, so we thought that now it would be a good time to see who the most valuable companies are listed on the global stock market.
To do this we are going to look at global companies ranked by market capitalisation (market cap).
On the website companiesmarketcap.com we can sort them by this metric.
Number 5: Amazon
Market Cap: $1.12T
Amazon was founded by Jeff Bezos from his garage in Bellevue, Washington on July 5, 1994. Initially an online marketplace for books. It has multiple subsidiaries including Amazon Web Services (cloud computing), Zoox (autonomous vehicles) and Amazon Lab126 (computer hardware R&D). Its other subsidiaries include Ring, Twitch, IMDb, and Whole Foods Market. Source: Wikipedia
According to Yahoo Finance on 31st December 2021 it reported revenues of $470 billion and gross profits of $66 billion.
Number 4: Alphabet (Google)
Market Cap: $1.47T
On August 10, 2015, Google Inc. announced plans to create a new public holding company, Alphabet Inc. Alphabet would be created to restructure Google by moving subsidiaries from Google to Alphabet, narrowing Google’s scope. The company would consist of Google (which has a whole suite of products including Google Play, Google Drive, Google Meet, Gmail and Youtube), as well as other businesses including X Development, Calico, Nest, Verily, Fiber, Makani, CapitalG, and GV. Sundar Pichai, Product Chief, became the new CEO of Google, replacing Larry Page, who transitioned to the role of running Alphabet, along with Google co-founder Sergey Brin. Source: Wikipedia
According to Yahoo Finance on 31st December 2021 it reported revenues of $258 billion and gross profits of $147 billion.
Number 3: Microsoft
Market Cap: $1.89T
Childhood friends Bill Gates and Paul Allen established Microsoft in 1975. Since then Microsoft has become a world renowned software brand and it has also made hundreds of acquisitions including Hotmail in 1997, Skype technologies in 2011, LinkedIn in 2016, and Activision Blizzard in 2022. Source: Wikipedia
According to Yahoo Finance on 31st December 2021 it reported revenues of $168 billion and gross profits of $115 billion.
Number 2: Saudi Aramco
Market Cap: $2.15T
Saudi Aramco is the Saudi Arabian national petroleum and natural gas company.
Starting over 80 years ago, from explorers in the Saudi desert, Saudi Aramco now has both the world’s second-largest proven crude oil reserves, at more than 270 billion barrels (43 billion cubic metres), and largest daily oil production of all oil-producing companies. It also operates the world’s largest single hydrocarbon network, the Master Gas System. Source: Wikipedia
According to Yahoo Finance on 31st December 2021 it reported revenues of 1.3 trillion Saudi Riyal ($350 billion) and gross profits of 680 billion Saudi Riyal ($181 billion)
Number 1: Apple
Market Cap: $2.35T
Apple was founded as Apple Computer Company on April 1, 1976, by Steve Jobs, Steve Wozniak and Ronald Wayne to develop and sell Wozniak’s Apple I personal computer. Since then products have vastly expanded and included the Macintosh or Mac, iPhone, Apple watch, iPad and iTunes.
Although over the years apple has had it’s up and downs. Apple became the first publicly traded U.S. company to be valued at over $1 trillion in August 2018.
According to Yahoo Finance on 29th September 2021 it reported revenues of $366 billion and gross profits of $153 billion.