Fortune Global 500


The Fortune Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by Fortune magazine.

Methodology

Until 1989, it listed only non-United States industrial corporations under the title "International 500" while the Fortune 500 contained and still contains exclusively United States corporations. In 1990, United States companies were added to compile a truly global list of top industrial corporations as ranked by sales. Since 1995, the list has had its current form, listing also top financial corporations and service providers by revenue.

Controversy

Several inconsistencies exist in Fortune ranking of cities with the most Fortune 500 headquarters. On June 3, 2011, the Atlanta Business Chronicle stated examples of Fortune including regional headquarters for some cities, excluding regional headquarters for other cities and in some cases excluding headquarters that are physically located inside a city limit.

Geographical distribution

Since 2001, there has been a significant change in the geographical distribution of the companies in the Global 500 rankings. The number of North American-based companies decreased from 215 in 2001 to 143 in 2017 and the contribution of Asian-based companies increased rapidly from 116 in 2001 to 197 in 2017. Most of this growth is accounted for by the rapid increase in the number of Chinese Global 500 companies, of which there were 109 by 2017, increasing from only 10 in 2001. The share of European-based companies also declined, from 158 to 143, over the same period.

''Fortune'' Global 500 list of 2019

The following is the list of top 10 companies.
RankCompanyCountryIndustryRevenue in USD
1WalmartRetail$514 billion
2Sinopec GroupPetroleum$415 billion
3Royal Dutch Shell Petroleum$397 billion
4China National PetroleumPetroleum$393 billion
5State GridEnergy$387 billion
6Saudi AramcoEnergy$356 billion
7BPPetroleum$304 billion
8Exxon MobilPetroleum$290 billion
9VolkswagenAutomobiles$278 billion
10Toyota MotorAutomobiles$273 billion

Breakdown by country

, this is the list of the top 10 countries with the most Global 500 companies.
RankCountryCompanies
1121
2 119
352
431
529
6 18
716
814
913
10 12

The Global 500 lists Taiwan separately. If its 10 companies were combined with the 119 in China, then Greater China would have 129 companies and rank first.
The Global 500 includes Unilever & Royal Dutch Shell under the heading "Britain/Netherlands", as the company is counted in the tally for both countries.

Breakdown by sector

The top-ranked companies in 2019 for each sector.
SectorCompanyHeadquartersOverall
rank
Revenues
Aerospace & DefenseBoeing Chicago0060#68101,127
ApparelChristian Dior Paris0234#18755,263
Business servicesCompass Group Chertsey0434#40330,879
ChemicalsDuPont Wilmington0126#10085,977
EnergySinopec Group Beijing0002#2414,650
Engineering & ConstructionChina State Construction Engineering Beijing0024#21181,525
FinancialsBerkshire Hathaway Omaha0008#12247,837
Food & Drug StoresWalgreens Boots Alliance Deerfield0037#40131,537
Food, Beverages & TobaccoNestlé Vevey0064#7693,513
Health CareUnitedHealth Group Minnetonka0013#14226,247
Household ProductsProcter & Gamble Cincinnati0098#14666,832
IndustrialsGeneral Electric Boston0031#48120,268
MaterialsChina Minmetals Beijing0120#11280,076
MediaWalt Disney Burbank0161#17059,434
Motor Vehicles & PartsVolkswagen Wolfsburg0005#9278,342
RetailingWalmart Bentonville0001#1514,405
TechnologyApple Cupertino0009#11265,595
TelecommunicationsAT&T Dallas0019#25170,756
TransportationChina Post Group Beijing0099#10185,628
WholesalersTrafigura Group Singapore0011#22180,744

''Fortune'' Global 500 list of 2018

The following is the list of top 10 companies.
RankCompanyCountryIndustryRevenue in USD
1WalmartRetail$500 billion
2State GridEnergy$349 billion
3Sinopec GroupPetroleum$327 billion
4China National PetroleumPetroleum$326 billion
5Royal Dutch Shell Petroleum$312 billion
6Toyota MotorAutomobiles$265 billion
7VolkswagenAutomobiles$260 billion
8BPPetroleum$245 billion
9Exxon MobilPetroleum$244 billion
10Berkshire HathawayHolding$242 billion

Breakdown by country

, this is the list of the top 10 countries with the most Global 500 companies.
RankCountryCompanies
1126
2120
352
432
528
6 21
716
8 15
914
1012

The Global 500 includes Unilever under the heading "Britain/Netherlands", as the company is counted in the tally for both countries.
As shown in the table above, 436 of the Global 500 are represented by only 10 countries: two in North America, five in Western Europe and three in East Asia. Moreover, the top six are the world's largest economies as estimated by the IMF. Among the Global 500, 379 companies are from these six countries.

Breakdown by sector

The top-ranked companies in 2018 for each sector.
SectorCompanyHeadquartersOverall
rank
Revenues
Aerospace & DefenseBoeing Chicago0060#6493,392
ApparelChristian Dior Paris0234#20849,221
Business servicesCompass Group Chertsey0434#41328,578
ChemicalsBASF Ludwigshafen0126#11272,677
EnergyState Grid Beijing0002#2348,903
Engineering & ConstructionChina State Construction Engineering Beijing0024#23156,071
FinancialsBerkshire Hathaway Omaha0008#10242,137
Food & Drug StoresKroger Cincinnati0037#39122,662
Food, Beverages & TobaccoNestlé Vevey0064#6991,222
Health CareUnitedHealth Group Minnetonka0013#15201,159
Household ProductsProcter & Gamble Cincinnati0098#13566,217
IndustrialsGeneral Electric Boston0031#41122,274
MaterialsChina Minmetals Beijing0120#10972,997
MediaDisney Burbank0161#17655,137
Motor Vehicles & PartsToyota Motor Toyota0005#6265,172
RetailingWalmart Bentonville0001#1500,343
TechnologyApple Cupertino0009#11229,234
TelecommunicationsAT&T Dallas0019#20160,546
TransportationChina Post Group Beijing0099#11372,197
WholesalersMcKesson San Francisco0011#13208,357

Breakdown by industry
The top-ranked companies in 2018 for each industry.
IndustryCompanyCountryRankRevenue
Aerospace & DefenseBoeing United States6493,392
AirlinesAmerican Airlines United States26042,207
ApparelChristian Dior France20849,221
Banks: Commercial & SavingsIndustrial & Commercial Bank China26153,021
BeveragesAnheuser-Busch InBev Belgium17056,444
Building Materials, GlassSaint-Gobain France23146,002
ChemicalsBASF Germany11272,677
Computer SoftwareMicrosoft United States7189,950
Computers, Office EquipmentApple United States11229,234
Construction & Farm MachineryCaterpillar United States23845,462
Diversified FinancialsEXOR Group Netherlands19161,677
Electronics, Electrical EquipmentSamsung Electronics South Korea12211,940
EnergyGazprom Russia49111,983
Engineering & ConstructionChina Construction Engineering China23156,071
EntertainmentDisney United States17655,137
Food & Drug StoresKroger United States39122,662
Food Consumer ProductsNestle Switzerland6991,222
Food ProductionArcher Daniels Midland United States15260,828
Food ServicesCompass Group United Kingdom41328,578
General MerchandisersWalmart United States1500,343
Health Care: Insurance & Managed CareUnitedHealth Group United States15201,159
Health Care: Medical FacilitiesHCA Healthcare United States21547,653
Health Care: Pharmacy & Other ServicesCVS Health United States17184,765
Household & Personal ProductsProcter & Gamble United States13566,217
Human Resources & Employment ServicesAdecco Group Switzerland44126,670
Industrial MachineryGeneral Electric United States41122,274
Information Technology ServicesIBM United States9279,139
Insurance: Life, Health Nippon Life Insurance Japan12668,684
Insurance: Life, Health AXA France27149,461
Insurance: Property & Casualty State Farm Insurance United States9578,331
Insurance: Property & Casualty Berkshire Hathaway United States10242,137
Internet Services & RetailingAmazon.com United States18177,866
Mail, Package, & Freight DeliveryChina Post Group China11372,197
Medical Products & EquipmentMedtronic Ireland39629,710
MetalsChina Minmetals China10972,997
Mining, Crude-Oil ProductionGlencore Switzerland14205,476
Motor Vehicles & PartsToyota Motor Japan6265,172
Network & Other Communications EquipmentHuawei Investment & Holding China7289,311
Oil & Gas Equipment, ServicesSchlumberger United States38630,440
Petroleum RefiningSinopec Group China3326,953
PharmaceuticalsChina Resources China8682,184
PipelinesEnergy Transfer Equity United States21747,487
RailroadsDeutsche Bahn Germany21148,124
Real EstateChina Evergrande Group China23046,019
Semiconductors & Other Electronic ComponentsIntel United States14662,761
ShippingChina Shipbuilding Industry China24544,431
Specialty RetailersHome Depot United States57100,904
TelecommunicationsAT&T United States20160,546
TextilesShandong Weiqiao Pioneering China18553,203
TobaccoPhilip Morris International United States41128,748
TradingTrafigura Group Singapore32136,421
UtilitiesState Grid China2348,903
Wholesalers: Electronics & Office EquipmentTech Data United States31536,775
Wholesalers: Food & GrocerySysco United States17455,371
Wholesalers: Health CareMcKesson United States13208,357

Most profitable
The global 500 list sorted by profits.
RankCompanyCountryProfits
1Apple United States$48,351.0
2British American Tobacco United Kingdom$48,327.8
3Berkshire Hathaway United States$44,940.0
4Industrial & Commercial Bank of China China$42,323.7
5Samsung Electronics South Korea$36,575.4
6China Construction Bank China$35,845.2
7Verizon United States$30,101.0
8AT&T United States$29,450.0
9Agricultural Bank of China China$28,550.4
10Bank of China China$25,509.2

''Fortune'' Global 500 list of 2017

The following is the list of top 10 companies.
RankCompanyCountryIndustryRevenue in USD
1WalmartRetail$486 billion
2State GridEnergy$316 billion
3Sinopec GroupPetroleum$268 billion
4China National PetroleumPetroleum$263 billion
5Toyota MotorAutomobiles$255 billion
6VolkswagenAutomobiles$240 billion
7Royal Dutch Shell Petroleum$240 billion
8Berkshire HathawayProducts$242 billion
9AppleTechnology$216 billion
10Exxon MobilPetroleum$205 billion

Fortune had previously listed Shell as a British/Dutch company, but as of the 2016 listing it is listed as Dutch.

Breakdown by country

, this is the list of the top 10 countries with the most Global 500 companies.
RankCountryCompanies
1133
2109
351
429
529
6 21
715
8 15
913

The Global 500 includes Unilever under the heading "Britain/Netherlands", as the company is counted in the tally for both countries.
As can be seen from the table above, 425 of the Global 500 are represented by only 10 countries: two in North America, five in Western Europe and three in East Asia. Moreover, the top six are some of the world's largest economies as estimated by the IMF. Among the Fortune Global 500, 371 companies are from these six countries.

Breakdown by sector

The top-ranked companies in each sector are as follows.
SectorCompanyHeadquartersOverall
rank
Revenues
Aerospace & DefenseBoeing Chicago0060#6094,571
ApparelChristian Dior Paris0234#23442,113
Business servicesThe Adecco Group Zürich0434#43425,112
ChemicalsBASF Ludwigshafen0126#12663,641
EnergyState Grid Corporation of China Beijing0002#2315,199
Engineering & ConstructionChina State Construction Engineering Beijing0024#24144,505
FinancialsBerkshire Hathaway Omaha0008#8223,604
Food & Drug StoresWalgreens Boots Alliance Deerfield0037#37117,351
Food, Beverages & TobaccoNestlé Vevey0064#6490,814
Health CareUnitedHealth Group Minnetonka0013#13184,840
Household ProductsProcter & Gamble Cincinnati0098#9871,726
IndustrialsGeneral Electric Boston0031#31126,661
MaterialsChina Minmetals Beijing0120#12065,547
MediaThe Walt Disney Company Burbank0161#16155,632
Motor Vehicles & PartsToyota Motor Toyota0005#5255,000
RetailingWalmart Bentonville0001#1485,873
TechnologyApple Cupertino0009#9215,639
TelecommunicationsAT&T Dallas0019#19163,786
TransportationU.S. Postal Service Washington, D.C.0099#9971,498
WholesalersMcKesson San Francisco0011#11198,533