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List of Largest Companies in United States by Revenue

Last Updated : 29 Feb, 2024
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The corporate landscape, in the United States is incredibly dynamic with a range of companies across industries. From tech giants like Apple and Microsoft to powerhouses such as Walmart and Amazon, these companies play roles in shaping both the US economy and global markets.List of Largest Companies in United States by Revenue

In this artice, we are going to look into the List of Largest Companies in United States by Revenue.

List of Largest Companies in the United States

Here is the Top 10 List of Largest Companies in The United States by Net Earnings (USD) and Total Employee Size:

Ranking

Company

Net Earnings (USD Billion)

Total Employees

1

Apple Inc.

$99.8

Not Specified

2

Microsoft Corporation

$72.7

221,000

3

Alphabet Inc.

$59.9

156,000

4

United States Postal Service

$56.0

Not Specified

5

ExxonMobil

$55.7

62,000

6

JP Morgan Chase

$37.7

293,723

7

Chevron Corporation

$35.5

43,846

8

Pfizer

$31.4

83,000

9

Bank of America

$27.5

216,823

10

Meta Platforms (formerly Facebook)

$23.2

86,482

1. Apple Inc. (USA)

Apple Inc., a renowned technology giant headquartered in Cupertino, California is globally recognized for its products, like the iPhone and Mac computers. It has made contributions to the consumer electronics and software industries leading the way in innovation. With remarkable net earnings and profits amounting to $99.8 billion Apples impact on both the tech industry and the global economy is unparalleled. Although an exact employee count isn’t specified Apple boasts a workforce dedicated to their mission of revolutionizing our lives through technology in how we work, communicate and live our lives.

Top Product: iPhone

Innovation: The iPhone is the world’s best-selling smartphone, and it has revolutionized the way we communicate and consume information. It is known for its innovative design, user-friendly interface, and powerful features.

2. Microsoft Corporation (USA)

Microsoft Corporation, a global technology titan based in Redmond, Washington is widely known for its Windows operating system, Office software suite and the expanding Azure cloud platform. With net earnings and profits reaching $72.7 billion Microsoft plays a role in shaping the landscape worldwide. Employing around 221,000 individuals across sectors including consumer and enterprise markets makes them an influential force driving innovation. Their focus on cutting edge technologies such as cloud computing and artificial intelligence further solidifies their position as an industry leader.

Top Product: Azure

Innovation: Azure is a cloud computing platform that offers a wide range of services, including computing, storage, networking, and analytics. It is used by businesses of all sizes to power their applications and infrastructure.

3. Alphabet Inc. (USA)

Alphabet Inc., Google’s parent company located in Mountain View California holds prominence within search dominance along with advertising and cloud services offerings which contribute significantly to Alphabets impressive net earnings of $59.9 billion. With 156,000 employees working across various areas of expertise within the company maintains its position as a prominent leader, within the technology sector.

Alphabets dedication, to pushing the boundaries of technology is evident in its involvement in ventures such as self driving cars and life sciences. Their commitment, to innovation is reflected in these areas of exploration.

Top Product: Google Search

Innovation: Google Search is the world’s most popular search engine, and it has become the go-to place for people to find information online. It is known for its accuracy, speed, and relevance.

4. United States Postal Service (USA)

The United States Postal Service (USPS) serves as the country’s service for mail and package delivery needs. With earnings and profits totaling $56.0 billion USPS plays a role in ensuring efficient logistics within the nation. While an exact employee count is not specified USPS employs a workforce dedicated to mail and package delivery across the country.

Top Product: First-Class Package Service

Innovation: First-Class Package Service is a reliable and affordable way to ship packages within the United States. It is known for its fast delivery times and its wide range of shipping options.

5. ExxonMobil (USA)

ExxonMobil is a player within the petroleum industry with involvement, in exploration, production and refining of petroleum products. Headquartered in Spring, Texas it has achieved earnings and profits of $55.7 billion. With a presence and employing 62,000 individuals worldwide, ExxonMobil contributes to meeting energy demands while prioritizing sustainability efforts and technological advancements within the energy sector. These are the ten companies, in the United States for 2022 arranged based on their revenue.

Top Product: XOM

Innovation: XOM is a synthetic rubber that is used in a wide range of products, including tires, hoses, and gaskets. It is known for its durability, flexibility, and resistance to chemicals.

6. JP Morgan Chase (USA)

JP Morgan Chase, headquartered in New York City is a established institution that offers a wide array of banking and financial services. With earnings and profits totaling $37.7 billion it stands as a prominent player, in the financial sector. Employing a workforce of 293,723 individuals the bank caters to the needs of customers, businesses and institutional clients demonstrating its commitment to fostering financial innovation and ensuring stability.

Top Product: JPM Coin

Innovation: JPM Coin is a digital currency that is being developed by JP Morgan Chase. It is designed to be used by institutional investors to settle payments quickly and securely.

7. Chevron Corporation (USA)

Chevron Corporation, based in San Ramon, California, is a significant player in the energy sector, engaging in all aspects of the oil and gas industry. With net earnings and profit of $35.5 billion, Chevron is a key contributor to the world’s energy supply. Its 43,846 employees are dedicated to responsible energy production and distribution while advancing sustainable practices.

Top Product: Oronite

Innovation: Oronite is a line of lubricant additives that are used to improve the performance of engine oils and other lubricants. It is known for its ability to reduce friction and wear, and to improve fuel efficiency.

8. Pfizer (USA)

Pfizer, a renowned pharmaceutical giant based in New York City is well known for its extensive research, development and manufacturing of healthcare products and medications. With a net income and profit amounting to $31.4 billion Pfizer plays a role in healthcare worldwide. Employing 83,000 individuals it continues to lead the way in advancements that enhance health and well being.

Top Product: Comirnaty

Innovation: Comirnaty is a vaccine that is used to protect against COVID-19. It is the first mRNA-based vaccine to be approved for use in humans, and it has been shown to be highly effective at preventing serious illness, hospitalization, and death from COVID-19.

9. Bank of America (USA)

Bank of America is headquartered in Charlotte, North Carolina. Serves as a financial institution offering various banking services along with investment solutions. With a net income and profit reaching $27.5 billion it caters to millions of customers across sectors. The bank takes pride in its workforce comprising 216,823 employees who strive to provide notch solutions while fostering economic growth.

Top Product: Zelle

Innovation: Zelle is a money transfer service that allows people to send and receive money quickly and easily using their mobile phones. It is known for its convenience, speed, and security.

10. Meta Platforms (formerly Facebook) (USA)

Meta Platforms has its headquarters situated in Menlo Park California; its widely recognized as a conglomerate with its flagship platform being Facebook alongside digital ventures under its umbrella. Recording earnings and profit amounting to $23.2 billion, Meta Platforms significantly shapes social media experiences along, with digital interactions. With a workforce of 86,482 individuals the company is constantly pushing boundaries in the realm exploring cutting edge technologies such, as reality and augmented reality.

Top Product: Metaverse

Innovation: The metaverse is a virtual world where people can interact with each other and with digital objects. Meta Platforms is investing heavily in the metaverse, and it believes that it has the potential to revolutionize the way we live, work, and play.

Top 10 Largest Companies in the World by Net Worth

Hre are the top 10 largest companies in the world by net worth as of November 10, 2023. These companies have a combined net worth of over $20 trillion, and they represent a wide range of industries, including technology, energy, finance, and healthcare.

Rank Company Net Worth (USD billions) Industry Country
1 Apple 2.95 trillion Technology United States
2 Microsoft 2.52 trillion Technology United States
3 Saudi Aramco 2.09 trillion Energy Saudi Arabia
4 Alphabet 1.59 trillion Technology United States
5 Amazon 1.33 trillion Retail United States
6 Tesla 813.2 billion Automotive United States
7 Berkshire Hathaway 736.8 billion Financial services United States
8 NVIDIA 1.06 trillion Technology United States
9 TSMC 528.5 billion Technology Taiwan
10 Meta 739.9 billion Technology United States

Fluctuation of Largest Companies Year by Year

Here is a table of the year-over-year fluctuations in net worth of the top 10 largest companies in the world, from 2022 to 2023:

Company 2022 Net Worth (USD billions) 2023 Net Worth (USD billions) Fluctuation (%)
Apple 2.75 trillion 2.95 trillion 7.3%
Microsoft 2.3 trillion 2.52 trillion 9.6%
Saudi Aramco 1.9 trillion 2.09 trillion 10%
Alphabet 1.4 trillion 1.59 trillion 13.6%
Amazon 1.2 trillion 1.33 trillion 11.7%
Tesla 600 billion 813.2 billion 35.5%
Berkshire Hathaway 700 billion 736.8 billion 5.2%
NVIDIA 900 billion 1.06 trillion 18.9%
TSMC 450 billion 528.5 billion 17.6%
Meta 650 billion 739.9 billion 13.8%

As you can see, all of the top 10 companies experienced growth in their net worth from 2022 to 2023. Tesla experienced the largest growth, with a 35.5% increase. This is likely due to the company’s strong performance in the electric vehicle market.

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FAQs on List of Largest Companies in The United States by Revenue

What are the trends shaping the largest companies in the US?

The largest companies in the US are facing a number of trends in 2023, including:

  • The rise of artificial intelligence and machine learning
  • The shift to the cloud
  • The growth of e-commerce
  • The increasing importance of data and analytics
  • The need for sustainable business practices

How do the companies use their power and influence?

The companies in the US use their power and influence in a number of ways. They can use their market power to set prices, control distribution channels, and influence suppliers and customers. They can also use their financial resources to lobby the government and influence public policy.

What are the challenges faced by companies?

The companies are facing a number of challenges, including:

  • Increased competition: They are facing increased competition from both domestic and foreign companies.
  • Regulatory scrutiny: They are also facing increased regulatory scrutiny. 
  • Public pressure: They are also facing increasing public pressure to address issues such as climate change, inequality, and social injustice.

What are the opportunities for big companies in US?

The companies in US also have a number of opportunities, including:

  • Globalization: The growth of the global economy is creating new opportunities for the largest companies in the US to expand their markets and sales.
  • Technological change: Technological change is also creating new opportunities for the largest companies in the US to develop new products and services and to improve their operations.
  • Emerging markets: The growth of emerging markets is also creating new opportunities for the largest companies in the US to expand their operations.

How are the companies changing the way we live and work?

The companies in US are changing the way we live and work in a number of ways. For example, Amazon has changed the way we shop. Google has changed the way we search for information. And Netflix has changed the way we watch TV.



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