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August 2, 2021

FORTUNE publishes the Annual Fortune Global 500 List with Walmart at the Top.


Fortune Global 500 2021  Ranking Features 143 Chinese Companies, 122 U.S. Companies,  and 53  Japanese Companies 

Walmart  Maintains Top Spot for 8th straight year


Fortune 500 Global 2021

Photo: The 2021 FORTUNE Global 500 Cover.


NEW YORK, August 2, 2021 — Today, FORTUNE announced the FORTUNE Global 500 for the 2020 fiscal year, ranking the world’s largest corporations by revenue. Walmart claimed the top spot for the  eighth  consecutive year and for the 16th time since 1995. Once again, mainland China (including Hong Kong) has the most companies (135) on the list —  up by 11  from the last year.  Adding Taiwan, the total for Greater China is 143.  The U.S. is up by one with 122, and Japan is steady with a total of 53. The companies on the 2021 list have their headquarters in 220 cities and 31 countries around the world.

FORTUNE Global 500 companies generated revenues totaling more than one-third of the world’s GDP. They generated $31.7 trillion in revenues (down 5%), $1.6 trillion in profits (down  20%). In addition, they employ 69.7 million people worldwide.

Apple (No. 6) netted $57 billion in profits and is the FORTUNE Global 500’s most profitable company in 2021, ending Saudi Aramco’s (No. 14) two-year reign.

Of the 2021 rankings, FORTUNE List Editor Scott DeCarlo says, “The radical changes the pandemic has wrought will have long-term implications for businesses worldwide. Using it as a catalyst, the Global 500 showed the world how to adapt, evolve, and reinvent themselves. The Global 500 is a picture of a world we’re rapidly leaving behind and also a guide to the new environment taking shape.”

THE FORTUNE GLOBAL 500 LIST 

TOP 100 COMPANIES

  1. Walmart (U.S.)  
  2. State Grid (China)
  3. Amazon.com (U.S.)
  4. China National Petroleum (China)  
  5. Sinopec (China) 
  6. Apple (U.S.)
  7. CVS Health (U.S.)
  8. UnitedHealth Group (U.S.) 
  9. Toyota Motor (Japan) 
  10. Volkswagen (Germany) 
  11. Berkshire Hathaway
  12. McKesson
  13. China State Construction Engineering
  14. Saudi Aramco
  15. Samsung Electronics
  16. Ping An Insurance
  17. AmerisourceBergen
  18. BP
  19. Royal Dutch Shell
  20. Industrial & Commercial Bank of China
  21. Alphabet
  22. Hon Hai Precision Industry
  23. Exxon Mobil
  24. Daimler
  25. China Construction Bank
  26. AT&T
  27. Costco Wholesale
  28. Cigna
  29. Agricultural Bank of China
  30. Cardinal Health
  31. Trafigura Group
  32. China Life Insurance
  33. Microsoft
  34. Glencore
  35. China Railway Engineering Group
  36. Walgreens Boots Alliance
  37. EXOR Group
  38. Allianz
  39. Bank of China
  40. Kroger
  41. Home Depot
  42. China Railway Construction
  43. JPMorgan Chase
  44. Huawei Investment & Holding
  45. Verizon Communications
  46. AXA
  47. Ford Motor
  48. Honda Motor
  49. General Motors
  50. Anthem
  51. Mitsubishi
  52. TotalEnergies
  53. Deutsche Telekom
  54. BMW Group
  55. Nippon Telegraph and Telephone
  56. China Mobile Communications
  57. Centene
  58. Japan Post Holdings
  59. JD.com
  60. SAIC Motor
  61. China Communications Construction
  62. Fannie Mae
  63. Alibaba Group Holding
  64. Comcast
  65. China Minmetals
  66. China FAW Group
  67. Hengli Group
  68. Amer International Group
  69. China Resources
  70. Shandong Energy Group
  71. Itochu
  72. China Baowu Steel Group
  73. Assicurazioni Generali
  74. China Post Group
  75. Chevron
  76. Dell Technologies
  77. Bank of America
  78. Target
  79. Nestlé
  80. Lowe’s
  81. Marathon Petroleum
  82. Citigroup
  83. Hyundai Motor
  84. Gazprom
  85. Dongfeng Motor
  86. Facebook
  87. Royal Ahold Delhaize
  88. Sony
  89. United Parcel Service
  90. People’s Insurance Co. of China
  91. China Southern Power Grid
  92. China National Offshore Oil
  93. Crédit Agricole
  94. Johnson & Johnson
  95. Hitachi
  96. Carrefour
  97. BNP Paribas
  98. Bosch Group
  99. Tesco
  100. AEON

In his foreword to the Aug./Sept. 2021 issue, FORTUNE Acting Editor-in-Chief Brian O’Keefe writes: “Our annual ranking of the world’s largest companies by revenue remains the ultimate scorecard for business success. Despite the pandemic’s impact, the companies on the list generated $31.7 trillion in revenue last year, equivalent to one-third of global GDP. But the COVID-19 crisis also proved to be a time of transformative change for the world’s biggest corporations, with 45 new companies joining the list.”

Total revenues rank companies for their respective fiscal years ended on or before March 31, 2021.  All companies on the list must publish financial data and report parts or figures to a government agency.

Source: FORTUNE Media

|GlobalGiants.Com|


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Edited & Posted by the Editor | 9:50 AM | Link to this Post






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