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August 3, 2022
FORTUNE RELEASES ANNUAL FORTUNE GLOBAL 500 LIST
• 2022  Ranking Features 145 Chinese Companies,  124 U.S. Companies,  and 47  Japanese Companies  
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.
THE 2022 ‘FORTUNE GLOBAL 500’ — TOP 100 COMPANIES 
- Walmart
- Amazon
- State Grid
- China National Petroleum
- Sinopec Group
- Saudi Aramco
- Apple
- Volkswagen
- China State Construction Engineering
- CVS Health
- UnitedHealth Group
- Exxon Mobil
- Toyota Motor
- Berkshire Hathaway
- Shell
- McKesson
- Alphabet
- Samsung Electronics
- Trafigura Group
- Hon Hai Precision Industry
- AmerisourceBergen
- Industrial & Commercial Bank of China
- Glencore
- China Construction Bank
- Ping An Insurance
- Costco Wholesale
- TotalEnergies
- Agricultural Bank of China
- Stellantis
- Cigna
- Sinochem Holdings
- AT&T
- Microsoft
- China Railway Engineering Group
- BP
- Cardinal Health
- Chevron
- Mercedes-Benz Group
- China Railway Construction
- China Life Insurance
- Mitsubishi
- Bank of China
- Home Depot
- China Baowu Steel Group
- Walgreens Boots Alliance
- JD.com
- Allianz
- AXA
- Marathon Petroleum
- Elevance Health
- Kroger
- Gazprom
- Ford Motor
- Verizon Communications
- Alibaba Group Holding
- Fortum
- China Mobile Communications
- China Minmetals
- BMW Group
- China Communications Construction
- Honda Motor
- Deutsche Telekom
- JPMorgan Chase
- General Motors
- China National Offshore Oil
- Centene
- Lukoil
- SAIC Motor
- Shandong Energy Group
- China Resources
- Meta Platforms
- Assicurazioni Generali
- Comcast
- Phillips 66
- Hengli Group
- Amer International Group
- Xiamen C&D
- Itochu
- China FAW Group
- Sinopharm
- China Post Group
- Valero Energy
- Nippon Telegraph and Telephone
- Credit Agricole
- China Energy Investment
- Dell Technologies
- Target
- Mitsui
- China Southern Power Grid
- Enel
- COFCO
- Hyundai Motor
- Fannie Mae
- Japan Post Holdings
- Electricité de France
- Huawei Investment & Holding
- United Parcel Service
- Life Insurance Corp. of India
- Deutsche Post DHL Group
- 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
|GlobalGiants.Com|
Edited & Posted by the Editor | 3:36 PM | Link to this Post
