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August 3, 2022


• 2022  Ranking Features 145 Chinese Companies,  124 U.S. Companies,  and 47  Japanese Companies  

Fortune Global 2022

Photo: The 2022 Fortune Global 500 cover.

NEW YORK, August 3, 2022 — Today, FORTUNE announced  the ‘Fortune Global 500’ list for 2022, ranking the world’s largest corporations by revenue for fiscal 2021.  Walmart  claims the top spot for the ninth consecutive year and for the 17th time since 1995. In addition, Saudi Aramco (No. 6) reclaims its title as the world’s most profitable company, with $105 billion in earnings.

Mainland China  (including Hong Kong), with 136,  has the most companies on the list,  up from last year. Adding Taiwan, the total for Greater China is 145. The U.S., with 124, is up two; in third place, Japan lost six, totaling 47. For the first time, the aggregate revenue of Fortune Global 500 companies based in Greater China (including Taiwan) exceeded the income of U.S. companies on the list, accounting for 31% of the total.

Of the 2022 rankings, FORTUNE List Editor Scott DeCarlo says, “A rebound from the worst depths of the pandemic created a huge tailwind for the world’s largest companies by revenue. As a result, aggregate sales and profits hit record levels in the fiscal year 2021 for the Fortune Global 500. The Global 500 is the ultimate scorecard for business success, and the companies face another big test navigating several global economic headwinds in 2022.”

Fortune Global 500 companies generated revenues totaling $37.8 trillion—more than one-third of the world’s GDP—for an increase of 19% over last year, marking the highest annual growth rate in the list’s 33-year history. Cumulative profits were up 88% for a record $3.1 trillion over the previous year. Companies on the 2022 list employ 69.6 million people worldwide and are based in 229 cities and 33 countries and regions. The number of Fortune Global 500 women CEOs rose to 24 this year, from 23 last year.


  1. Walmart
  2. Amazon
  3. State Grid
  4. China National Petroleum
  5. Sinopec Group
  6. Saudi Aramco
  7. Apple
  8. Volkswagen
  9. China State Construction Engineering
  10. CVS Health
  11. UnitedHealth Group
  12. Exxon Mobil
  13. Toyota Motor
  14. Berkshire Hathaway
  15. Shell
  16. McKesson
  17. Alphabet
  18. Samsung Electronics
  19. Trafigura Group
  20. Hon Hai Precision Industry
  21. AmerisourceBergen
  22. Industrial & Commercial Bank of China
  23. Glencore
  24. China Construction Bank
  25. Ping An Insurance
  26. Costco Wholesale
  27. TotalEnergies
  28. Agricultural Bank of China
  29. Stellantis
  30. Cigna
  31. Sinochem Holdings
  32. AT&T
  33. Microsoft
  34. China Railway Engineering Group
  35. BP
  36. Cardinal Health
  37. Chevron
  38. Mercedes-Benz Group
  39. China Railway Construction
  40. China Life Insurance
  41. Mitsubishi
  42. Bank of China
  43. Home Depot
  44. China Baowu Steel Group
  45. Walgreens Boots Alliance
  47. Allianz
  48. AXA
  49. Marathon Petroleum
  50. Elevance Health
  51. Kroger
  52. Gazprom
  53. Ford Motor
  54. Verizon Communications
  55. Alibaba Group Holding
  56. Fortum
  57. China Mobile Communications
  58. China Minmetals
  59. BMW Group
  60. China Communications Construction
  61. Honda Motor
  62. Deutsche Telekom
  63. JPMorgan Chase
  64. General Motors
  65. China National Offshore Oil
  66. Centene
  67. Lukoil
  68. SAIC Motor
  69. Shandong Energy Group
  70. China Resources
  71. Meta Platforms
  72. Assicurazioni Generali
  73. Comcast
  74. Phillips 66
  75. Hengli Group
  76. Amer International Group
  77. Xiamen C&D
  78. Itochu
  79. China FAW Group
  80. Sinopharm
  81. China Post Group
  82. Valero Energy
  83. Nippon Telegraph and Telephone
  84. Credit Agricole
  85. China Energy Investment
  86. Dell Technologies
  87. Target
  88. Mitsui
  89. China Southern Power Grid
  90. Enel
  91. COFCO
  92. Hyundai Motor
  93. Fannie Mae
  94. Japan Post Holdings
  95. Electricité de France
  96. Huawei Investment & Holding
  97. United Parcel Service
  98. Life Insurance Corp. of India
  99. Deutsche Post DHL Group
  100. PowerChina

In her foreword to the magazine’s August/September 2022 issue, FORTUNE Editor-in-Chief Alyson Shontell writes, “Here’s the catch: [These] numbers reflect financials from 2021 when the world was starting to bounce back from COVID-19. However, this year has brought a whole new truckload of challenges. For businesses of every size, the real test will be who can survive and thrive in tough conditions, especially if—or when—a recession of unknown length and depth settles in.”

Companies are ranked by total revenues for their respective fiscal years ended on or before March 31, 2022. All listed companies must publish financial data and report part or all of their figures to a government agency.

Source: FORTUNE Media

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Edited & Posted by the Editor | 3:36 PM | Link to this Post

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