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List of public corporations by market capitalization

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The following is a list of public companies having the greatest market capitalization. This Financial Times Global 500 based list is up to date as of March 31 2008.

Rank Name Headquarters Primary Industry Market value (USD million)
Increase1 Exxon Mobil United States Oil and gas Decrease452,505
Decrease2 Petrochina China Oil and gas Decrease423,996
Steady3 General Electric United States Conglomerate Decrease369,569
Increase4 Gazprom Russia Oil and gas Decrease299,764
Decrease5 China Mobile China Telecommunications Decrease298.093
Decrease6 Industrial and Commercial Bank of China China Banking Decrease277,236
Decrease7 Microsoft United States Software industry Decrease264,132
Increase8 AT&T United States Telecommunications Decrease231,168
Decrease9 Royal Dutch Shell Netherlands Oil and gas Decrease220,110
Increase10 Procter & Gamble United States Consumer goods Decrease215,640
Increase11 Wal-Mart United States Retail Increase210,973
Decrease12 Petrobras Brazil Oil and gas Decrease208,391
Increase13 Berkshire Hathaway United States Insurance Decrease206,924
Increase14 Nestlé Switzerland Food processing Increase197,215
Increase15 HSBC United Kingdom Banking Decrease195,768
Decrease16 BP United Kingdom Oil and gas Decrease191,844
Increase17 Johnson & Johnson United States Health care Decrease183,751
Steady18 Total S.A. France Oil and gas Decrease178,554
Increase19 Chevron Corporation United States Oil and gas Decrease177,265
Decrease20 China Construction Bank China Banking Decrease176,474

Source [1]

2007

2007 fourth quarter

This Financial Times based list is up to date as of December 31 2007.

Rank Name Headquarters Primary Industry Market value (USD million)
1 Petrochina China Oil and gas 723,952
Decrease2 Exxon Mobil United States Oil and gas Decrease511,887
Decrease3 General Electric United States Conglomerate Decrease374,637
Decrease4 China Mobile China Telecommunications Increase354,120
Decrease5 Industrial and Commercial Bank of China China Banking Increase338,989
Decrease6 Microsoft United States Software industry Increase333,054
Steady7 Gazprom Russia Oil and gas Increase329,591
Decrease8 Royal Dutch Shell Netherlands Oil and gas Increase269,544
Decrease9 AT&T United States Telecommunications Decrease252,051
Increase10 Sinopec China Oil and gas Increase249,645

Source [2]

2007 third quarter

This Financial Times based list is up to date as of June 29 2007.

Rank Name Headquarters Primary Industry Market value (USD million)
Steady1 Exxon Mobil United States Oil and gas Increase513,362
Steady2 General Electric United States Conglomerate Increase424,191
Increase3 China Mobile China Telecommunications Increase327,937
Increase4 Industrial and Commercial Bank of China China Banking Increase279,269
Decrease5 Microsoft United States Software industry Decrease276,202
Decrease6 Royal Dutch Shell Netherlands Oil and gas Decrease264,397
Steady7 Gazprom Russia Oil and gas Increase260,249
Decrease8 AT&T United States Telecommunications Increase258,047
Decrease9 Citigroup United States Banking Decrease232,162
Steady10 Bank of America United States Banking Increase223,066

Source Financial Times

2007 third quarter

This Financial Times based list is up to date as of June 29 2007.

Rank Name Headquarters Primary Industry Market value (USD million)
Steady1 Exxon Mobil United States Oil and gas Increase513,362
Steady2 General Electric United States Conglomerate Increase424,191
Increase3 China Mobile China Telecommunications Increase327,937
Increase4 Industrial and Commercial Bank of China China Banking Increase279,269
Decrease5 Microsoft United States Software industry Decrease276,202
Decrease6 Royal Dutch Shell Netherlands Oil and gas Decrease264,397
Steady7 Gazprom Russia Oil and gas Increase260,249
Decrease8 AT&T United States Telecommunications Increase258,047
Decrease9 Citigroup United States Banking Decrease232,162
Steady10 Bank of America United States Banking Increase223,066

Source Financial Times

2007 second quarter

This Financial Times based list is up to date as of June 29 2007.

Rank Name Headquarters Primary Industry Market value (USD million)
Steady1 Exxon Mobil United States Oil and gas Increase472,519
Steady2 General Electric United States Conglomerate Increase393,831
Steady3 Microsoft United States Software industry Increase281,934
Increase4 Royal Dutch Shell Netherlands Oil and gas Increase266,141
Steady5 AT&T United States Telecommunications Increase255,871
Decrease6 Citigroup United States Banking Increase253,703
Decrease7 Gazprom Russia Oil and gas Decrease245,757
Increase8 BP United Kingdom Oil and gas Increase231,495
Decrease9 Toyota Motor Corporation Japan Automotive Decrease228,009
Decrease10 Bank of America United States Banking Decrease216,963

Source Financial Times

2007 first quarter

This Financial Times based list is up to date as of 30 March 2007.

Rank Name Headquarters Primary Industry Market value (USD million) Revenue (FY 2006, USD billion)
Steady1 Exxon Mobil United States Oil and gas Decrease429,567 377.6
Steady2 General Electric United States Conglomerate Decrease363,611 163.4
Steady3 Microsoft United States Software industry Decrease272,912 51.1
Steady4 Citigroup United States Banking Decrease252,857 120.3
Increase5 AT&T United States Telecommunications Increase246,206 63.1
Decrease6 Gazprom Russia Oil and gas Decrease245,911 83.6 (~)
Steady7 Toyota Motor Corporation Japan Automotive Decrease230,832 196 (~)
Steady8 Bank of America United States Banking Decrease228,177 117.0
Decrease9 Industrial and Commercial Bank of China China Banking Decrease224,788 23.2 (~)
Decrease10 Royal Dutch Shell Netherlands Oil and gas Decrease214,018 318.8
11 BP United Kingdom Oil and gas 208,844 274.3
12 HSBC United Kingdom Banking 202,146 70.1
13 Procter & Gamble United States Consumer goods 199,294 68.2
14 Wal-Mart United States Retail 193,643 351.1
15 Altria United States Tobacco, Food 184,277 101.4
16 China Mobile China Telecommunications 181,799 37.8 (~)
17 Pfizer United States Health care 179,015 48.4
18 American International Group United States Insurance 174,878 113.2
19 Johnson & Johnson United States Health care 174,397 53
20 Berkshire Hathaway United States Insurance 168,280 98.5
21 JP Morgan Chase United States Banking, Insurance 168,041 61.4
22 Total S.A. France Oil and gas 167,065 202.9
23 Bank of China China Banking 165,511 17.6 (~)
24 Chevron Corporation United States Oil and gas 159,589 204.9
25 GlaxoSmithKline United Kingdom Health care 156,975 45.5 (~)
26 Nestlé Switzerland Food processing 155,345 80.8 (~)
27 Roche Switzerland Health care 154,620 34.5
28 Cisco Systems United States Networking hardware 154,202 28.5
29 Électricité de France France Electricity generation 152,231 77.7 (~)
30 Novartis Switzerland Health care 149,692 37.0
31 IBM United States Computer software, Computer hardware 141,911 91.4
32 Vodafone United Kingdom Telecommunications 140,429 57.5
33 BHP Billiton Australia Mining 137,202 32.2
34 Eni Italy Oil and gas 129,882 113.6 (~)
35 China Construction Bank China Banking 128,529 19.4 (~)
36 UBS AG Switzerland Banking 124,490 38.7 (~)
37 Royal Bank of Scotland Group United Kingdom Banking 122,534 54.9 (~)
38 Mitsubishi UFJ Financial Japan Banking 122,186 30.3 (~)
39 Sanofi-Aventis France Health care 117,807 37.4 (~)
40 Wells Fargo United States Banking, Insurance 116,326 35.7
41 China Life Insurance China Insurance 116,280 18.8 (~)
42 ConocoPhillips United States Oil and gas 112,374 188.5
43 Grupo Santander Spain Banking 111,229 29.8 (~)
44 The Coca-Cola Company United States Beverage 111,134 24.1
45 Verizon Communications United States Telecommunications 110,343 88.1
46 Intel Corporation United States Computer hardware 110,323 35.7
47 Telefonica Spain Telecommunications 108,089 69.8 (~)
48 Hewlett-Packard United States Computer hardware 107,433 91.7
49 Wachovia United States Banking, Insurance 106,185 29.9
50 Petrobras Brazil Oil and gas 105,877 72.3

Source: Financial Times

2006

2006 fourth quarter

This Financial Times based list is up to date as of December 2006.

Rank Name Headquarters Primary Industry Market value (USD million)
Steady1 Exxon Mobil United States Oil and gas Increase446,943
Steady2 General Electric United States Conglomerate Increase383,564
Steady3 Microsoft United States Software industry Increase293,537
Increase4 Citigroup United States Banking Increase273,691
Decrease5 Gazprom Russia Oil and gas Increase271,482
Increase6 Industrial and Commercial Bank of China China Banking Increase254,592
Increase7 Toyota Motor Corporation Japan Automotive Increase241,161
Decrease8 Bank of America United States Banking Decrease239,758
Decrease9 Royal Dutch Shell Netherlands Oil and gas Increase225,781
Decrease10 BP United Kingdom Oil and gas Increase218,643

Source: Financial Times

2006 third quarter

This Financial Times based list is up to date as of 30 September 2006.

Rank Name Headquarters Primary Industry Market value (USD million)
Steady1 Exxon Mobil United States Oil and gas Increase398,906
Steady2 General Electric United States Conglomerate Increase364,414
Increase3 Microsoft United States Software industry Increase272,679.0
Decrease4 Gazprom Russia Oil and gas Decrease254,634.3
Decrease5 Citigroup United States Banking Increase246,727
Increase6 Bank of America United States Banking Increase242,451
Steady7 Royal Dutch Shell Netherlands Oil and gas Decrease216,368
Decrease8 BP United Kingdom Oil and gas Decrease215,623
Steady9 HSBC United Kingdom Banking Increase209,774
Increase10 Pfizer United States Health care Increase206,785

Source: Financial Times

2006 second quarter

This Financial Times based list is up to date as of 30 June 2006.

Rank Name Headquarters Primary Industry Market value (USD million)
Steady1 Exxon Mobil United States Oil and gas Decrease371,187
Steady2 General Electric United States Conglomerate Decrease342,731
Increase3 Gazprom Russia Oil and gas Increase246,341
Steady4 Citigroup United States Banking Increase239,862
Decrease5 Microsoft United States Software industry Decrease237,688
Decrease6 BP United Kingdom Oil and gas Increase233,151
Steady7 Royal Dutch Shell Netherlands Oil and gas Increase224,925
Decrease8 Bank of America United States Banking Increase219,504
Increase9 HSBC United Kingdom Banking Increase201,854
Decrease10 Wal-Mart United States Retail Increase200,762

Source: Financial Times

2006 first quarter

This Financial Times based list is up to date as of March 2006.

Rank Name Headquarters Industry Market value (USD million)
Increase1 Exxon Mobil United States Oil and gas Increase371,631
Decrease2 General Electric United States Conglomerate Decrease362,527
Steady3 Microsoft United States Software industry Increase281,171
Steady4 Citigroup United States Banking Decrease238,935
Steady5 BP United Kingdom Oil and gas Increase233,260
Increase6 Bank of America United States Banking Increase211,706
Decrease7 Royal Dutch Shell Netherlands Oil and gas Increase211,280
Decrease8 Wal-Mart United States Retail Increase196,860
Steady9 Toyota Motor Corporation Japan Automotive Increase196,731
Increase10 Gazprom Russia Oil and gas Increase196,339

Source: Financial Times

2005

2005 fourth quarter

This Financial Times based list is up to date as of December 2005.

Rank Name Headquarters Industry Market value (USD million)
1 General Electric United States Conglomerate 370,344
2 Exxon Mobil United States Oil and gas 349,512
3 Microsoft United States Software industry 278,358
4 Citigroup United States Banking 245,512
5 BP United Kingdom Oil and gas 219,511
6 Royal Dutch Shell Netherlands Oil and gas 207,673
7 Wal-Mart United States Retail 194,851
8 Procter & Gamble United States Consumer goods 194,000
9 Toyota Motor Corporation Japan Automotive 187,182
10 Bank of America United States Banking 185,342

Source: Financial Times

2005 third quarter

This Financial Times based list is up to date as of 30 September 2005.

Rank Name Headquarters Industry Market value (USD million)
1 Exxon Mobil United States Oil and gas 400,628
2 General Electric United States Conglomerate 356,929
3 Microsoft United States Software industry 275,638
4 BP United Kingdom Oil and gas 250,083
5 Citigroup United States Banking 235,342
6 Royal Dutch Shell Netherlands Oil and gas 228,850
7 Johnson & Johnson United States Health care 188,238
8 Pfizer United States Health care 184,041
9 HSBC United Kingdom Banking 182,741
10 Wal-Mart United States Retail 182,409

Source: Financial Times

2005 second quarter

This Financial Times based list is up to date as of June 2005.

Rank Name Headquarters Industry Market value (USD million)
1 General Electric United States Conglomerate 367,495
2 Exxon Mobil United States Oil and gas 365,838
3 Microsoft United States Software industry 268,380
4 Citigroup United States Banking 241,166
5 Royal Dutch Shell Netherlands Oil and gas 229,516
6 BP United Kingdom Oil and gas 220,558
7 Pfizer United States Health care 205,067
8 Wal-Mart United States Retail 201,573
9 Johnson & Johnson United States Health care 193,280
10 Bank of America United States Banking 183,424

Source: Financial Times

2005 first quarter

This Financial Times based list is up to date as of 31 March 2005.

Rank Name Headquarters Primary Industry Market value (USD million) Revenue (FY 2005, USD billion)
1 General Electric United States Conglomerate 382,233 151.3
2 Exxon Mobil United States Oil and gas 380,567 291.3
3 Microsoft United States Software industry 262,975 36.8
4 Citigroup United States Banking 234,437
5 BP United Kingdom Oil and gas 221,365 285.1
6 Wal-Mart United States Retail 212,209 285.2
7 Royal Dutch Shell Netherlands Oil and gas 210,630 266.4
8 Johnson & Johnson United States Health care 199,711 47.3
9 Pfizer United States Health care 195,945 52.5
10 Bank of America United States Banking 178,765

Source: Financial Times

2004

This Financial Times based list is up to date as of 31 March 2004.

Rank Name Headquarters Primary Industry Market value (USD million) Revenue (FY 2003, USD billion)
1 General Electric United States Conglomerate 299,336 133.6
2 Microsoft United States Software industry 271,911 32.2
3 Exxon Mobil United States Oil and gas 263,940 237.1
4 Pfizer United States Health care 261,616 45.2
5 Citigroup United States Banking 259,191
6 Wal-Mart United States Retail 258,888 256.3
7 American International Group United States Insurance 183,696
8 Intel Corporation United States Computer hardware 179,996 30.1
9 BP United Kingdom Oil and gas 174,648 232.6
10 HSBC United Kingdom Banking 163,574

Source: Financial Times

2003

This Financial Times based list is up to date as of 31 March 2003.

Rank Name Headquarters Primary Industry Market value (USD million) Revenue (FY 2002, USD billion)
1 Microsoft United States Software industry 264,003 28.4
2 General Electric United States Conglomerate 259,647 130.7
3 Exxon Mobil United States Oil and gas 241,037 204.5
4 Wal-Mart United States Retail 234,399 244.5
5 Pfizer United States Health care 195,948 32.4
6 Citigroup United States Banking 183,887
7 Johnson & Johnson United States Health care 170,417 36.3
8 Royal Dutch Shell Netherlands Oil and gas 149,034 179.4
9 BP United Kingdom Oil and gas 144,381 178.7
10 IBM United States Computer software, Computer hardware 139,272 81.2

Source: Financial Times

2002

This Financial Times based list is up to date as of 31 March 2002.

Rank Name Headquarters Primary Industry Market value (USD million)
1 General Electric United States Conglomerate 372,089
2 Microsoft United States Software industry 326,639
3 Exxon Mobil United States Oil and gas 299,820
4 Wal-Mart United States Retail 273,220
5 Citigroup United States Banking 255,299
6 Pfizer United States Health care 249,021
7 Intel Corporation United States Computer hardware 203,838
8 BP United Kingdom Oil and gas 200,794
9 Johnson & Johnson United States Health care 197,912
10 Royal Dutch Shell Netherlands Oil and gas 189,913

Source: Financial Times

2001

This Financial Times based list is up to date as of 31 March 2001.

Rank Name Headquarters Primary Industry Market value (USD million)
1 General Electric United States Conglomerate 477,406
2 Cisco Systems United States Networking hardware 304,699
3 Exxon Mobil United States Oil and gas 286,367
4 Pfizer United States Health care 263,996
5 Microsoft United States Software industry 258,436
6 Wal-Mart United States Retail 250,955
7 Citigroup United States Banking 250,143
8 Vodafone United Kingdom Telecommunications 227,175
9 Intel Corporation United States Computer hardware 227,048
10 Royal Dutch Shell Netherlands Oil and gas 206,340

Source: Financial Times

2000

This Financial Times based list is up to date as of 31 March 2000.

Rank Name Headquarters Primary Industry Market value (USD million) Revenue (FY 1999, USD billion)
1 Microsoft United States Software industry 586,197 17.8
2 General Electric United States Conglomerate 474,956 110.8
3 NTT DoCoMo Japan Telecommunications 366,204 30.2
4 Cisco Systems United States Networking hardware 348,965 12.2
5 Wal-Mart United States Retail 286,153 165.0
6 Intel Corporation United States Computer hardware 277,096 26.3
7 Nippon Telegraph and Telephone Japan Telecommunications 274,905 94.2
8 Exxon Mobil United States Oil and gas 265,894 100.7
9 Lucent Technologies United States Telecommunications 237,668 38.3
10 Deutsche Telekom Germany Telecommunications 209,628 36.8

Source: Financial Times

1999

This Financial Times based list is up to date as of January 1999.

Rank Name Headquarters Primary Industry Market value (USD million)
1 Microsoft United States Software industry 271,854
2 General Electric United States Conglomerate 258,871
3 Exxon Mobil United States Oil and gas 172,213
4 Royal Dutch Shell Netherlands Oil and gas 164,157
5 Merck United States Health care 154,753
6 Pfizer United States Health care 148,074
7 Intel Corporation United States Computer hardware 144,060
8 The Coca-Cola Company United States Beverage 142,164
9 Wal-Mart United States Retail 123,062
10 IBM United States Software industry, Computer hardware 121,184

Source: Financial Times

1998

This Financial Times based list is up to date as of January 1998.

Rank Name Headquarters Primary Industry
1 General Electric United States Conglomerate
2 Royal Dutch Shell Netherlands Oil and gas
3 Microsoft United States Software industry
4 Exxon Mobil United States Oil and gas
5 The Coca-Cola Company United States Beverage
6 Intel Corporation United States Computer hardware
7 Nippon Telegraph and Telephone Japan Telecommunications
8 Merck United States Health care
9 Toyota Motor Corporation Japan Automotive
10 Novartis Switzerland Health care

Source: Financial Times, January 22