Highest Revenue Companies

Q: What companies have the highest revenue?

The highest-revenue public companies in the U.S. include Walmart, Amazon, Apple, UnitedHealth Group, and ExxonMobil. Walmart consistently leads with over $600 billion in annual revenue from its global retail operations. Energy companies like ExxonMobil and Chevron see revenue fluctuate with oil prices. Technology companies like Apple and Amazon generate massive revenue while also maintaining higher profit margins than retailers and energy firms.

Q: Is high revenue the same as high profit?

No. Revenue and profit are fundamentally different metrics. Revenue (top line) is total sales; profit (bottom line) is what remains after all expenses. Walmart generates over $600 billion in revenue but operates at thin margins of 2-3%. Apple generates roughly $380 billion but keeps 25%+ as profit. The relationship between revenue and profit is captured by profit margin. High-revenue, low-margin companies need massive scale to generate meaningful earnings.

Q: Why does revenue matter for investors?

Revenue matters because it reflects the size of a company's business operations and demand for its products. Revenue growth is the ultimate driver of long-term earnings growth — companies cannot indefinitely grow profits without growing sales. Investors track revenue trends to assess market share gains or losses, industry demand, and pricing power. A company with declining revenue faces an uphill battle regardless of how efficiently it manages costs.

Q: What is the difference between revenue and market cap?

Revenue measures the total money flowing through a business from operations. Market cap measures the total value the market assigns to the company's stock. Some high-revenue companies have modest market caps (low-margin retailers), while some moderate-revenue companies have enormous market caps (high-growth tech). The ratio of market cap to revenue is the price-to-sales (P/S) ratio, a common valuation metric.

Q: What sectors generate the most revenue?

Retail, energy, and healthcare generate the highest total revenue because their business models involve high-volume, lower-margin transactions. Walmart alone exceeds $600 billion. Healthcare companies like UnitedHealth and CVS generate hundreds of billions from insurance premiums and pharmacy sales. Technology companies generate less total revenue but convert it more efficiently into profit. Financial services revenue comes from interest income, fees, and trading.

Q: What is revenue per share?

Revenue per share divides total annual revenue by the number of outstanding shares. It is used in the price-to-sales ratio and helps normalize revenue comparisons across companies of different sizes. A company with $10 billion in revenue and 1 billion shares has $10 revenue per share. Tracking revenue per share over time shows whether growth is being diluted by share issuance or amplified by share buybacks.

Q: How is revenue different from income?

Revenue is the total amount earned from sales before any deductions. Income refers to profit after subtracting costs — gross income subtracts cost of goods sold, operating income subtracts operating expenses, and net income subtracts everything including taxes and interest. Revenue tells you how big the business is; income tells you how profitable it is. Both metrics are reported on the income statement in quarterly and annual financial reports.

The world's largest businesses by annual revenue. These companies move the real economy — energy, retail, tech, and finance.

200 stocks Updated Mar 26, 2026

$441.62T Total Market Cap

— Avg P/E Ratio

$220.89 Avg Share Price

+0.00% Avg Daily Change

This list ranks publicly traded companies by total annual revenue — the top line that shows how much money flows through a business each year. The highest-revenue companies are economic powerhouses whose operations span global supply chains, millions of customers, and multiple industries.

Revenue size does not always correlate with market cap or profitability. Some of the highest-revenue companies operate in low-margin industries like retail, energy, and healthcare distribution, where thin margins on massive sales volumes produce the bulk of revenue. In contrast, high-margin technology companies may generate less revenue but far more profit per dollar of sales.

This list includes revenue, net income, and profit margin to show how efficiently each company converts sales into profit. Financial data is from the most recent annual reports, updated weekly. Companies with $1 billion or more in market cap are included.

#	Symbol	Name	Price	Revenue	Net Income	Margin	Market Cap
1	SONY	Sony Group Corporation	$20.66	2,114.90T	186.34T	8.81%	19.99T
2	SONY	Sony Group Corporation	$20.66	1,934.77T	153.42T	8.37%	19.99T
3	MUFG	Mitsubishi UFJ Financial Group	$17.07	1,112.80T	290.13T	15.95%	30.03T
4	MUFG	Mitsubishi UFJ Financial Group	$17.07	999.64T	234.56T	15.15%	30.03T
5	TM	Toyota Motor Corporation	$205.02	736.54T	73.06T	9.92%	43.34T
6	TM	Toyota Motor Corporation	$205.02	639.08T	57.06T	9.42%	43.34T
7	BRK.B	Berkshire Hathaway Inc	$476.19	558.06T	133.71T	23.96%	1.07T
8	BRK.B	Berkshire Hathaway Inc	$476.19	505.58T	109.02T	22.76%	1.07T
9	VFS	Vinfast Auto Ltd	$3.09	91.72T	-98,424,216,999,580	-107.31%	6.79B
10	VFS	Vinfast Auto Ltd	$3.09	49.16T	-47,484,210,827,993	-101.94%	6.79B
11	TSM	Taiwan Semiconductor Manufacturing	$329.24	20.80T	9.38T	45.10%	47.98T
12	TSM	Taiwan Semiconductor Manufacturing	$329.24	17.49T	7.10T	42.85%	47.98T
13	ASX	ASE Technology Holding Co	$21.52	10.41T	590.20B	5.99%	1.52T
14	ASX	ASE Technology Holding Co	$21.52	10.28T	647.38B	6.30%	1.52T
15	TCEHY	Tencent Holdings	$65.09	5.82T	1.74T	29.91%	4.64T
16	TCEHY	Tencent Holdings	$65.09	5.26T	1.42T	28.41%	4.64T
17	JD	JD.com Inc	$29.69	4.63T	69.46B	1.50%	286.41B
18	JD	JD.com Inc	$29.69	4.30T	58.02B	1.43%	286.41B
19	GOOGL	Alphabet Inc	$290.93	2.21T	385.30B	17.40%	3.63T
20	NVO	Novo Nordisk A/S	$38.58	1.90T	631.10B	33.14%	1.06T
21	GOOGL	Alphabet Inc	$290.93	1.73T	316.80B	18.26%	3.63T
22	MCHB	Mechanics Bancorp-A	$14.67	1.61T	273.50M	14.11%	3.53B
23	NVO	Novo Nordisk A/S	$38.58	1.58T	471.64B	31.48%	1.06T
24	MCHB	Mechanics Bancorp-A	$14.67	1.56T	294.59M	14.85%	3.53B
25	WLWHY	Woolworths Group Limited	$3.86	1.34T	41.07B	3.07%	50.86B
26	WLWHY	Woolworths Group Limited	$3.86	1.30T	35.94B	2.92%	50.86B
27	AMZN	Amazon.com Inc	$211.71	1.12T	87.30B	7.78%	2.19T
28	EQNR	Equinor ASA	$40.72	1.10T	47.29B	4.53%	1.01T
29	AVGO	Broadcom Inc.	$318.81	1.00T	237.51B	23.71%	1.58T
30	EQNR	Equinor ASA	$40.72	983.76B	46.88B	4.77%	1.01T
31	AMZN	Amazon.com Inc	$211.71	925.56B	70.27B	7.59%	2.19T
32	TSLA	Tesla Inc	$385.95	924.44B	69.00B	7.46%	1.54T
33	AVGO	Broadcom Inc.	$318.81	903.80B	205.42B	22.73%	1.58T
34	GOOG	Alphabet Inc-Cl C	$289.59	899.87B	139.13B	15.46%	3.63T
35	NVDA	NVIDIA Corp	$178.68	864.89B	190.77B	22.06%	4.27T
36	NVDA	NVIDIA Corp	$178.68	864.73B	163.40B	18.90%	4.27T
37	GOOG	Alphabet Inc-Cl C	$289.59	861.82B	143.12B	16.61%	3.63T
38	TSLA	Tesla Inc	$385.95	839.63B	66.06B	7.87%	1.54T
39	AMZN	Amazon.com Inc	$211.71	708.36B	76.74B	10.83%	2.19T
40	WMT	Walmart Inc	$123.06	705.91B	20.15B	2.85%	1.05T
41	WMT	Walmart Inc	$123.06	666.33B	17.12B	2.71%	1.05T
42	AMZN	Amazon.com Inc	$211.71	634.00B	61.82B	10.29%	2.19T
43	AAPL	Apple Inc	$252.62	593.18B	91.95B	15.50%	3.64T
44	META	Meta Platforms Inc	$594.89	571.40B	113.34B	19.84%	1.66T
45	AAPL	Apple Inc	$252.62	569.90B	82.23B	14.43%	3.64T
46	AMGN	Amgen Inc	$353.93	561.58B	8.50B	1.51%	188.06B
47	META	Meta Platforms Inc	$594.89	549.05B	102.76B	18.72%	1.66T
48	AMGN	Amgen Inc	$353.93	538.84B	9.25B	1.72%	188.06B
49	BRK.B	Berkshire Hathaway Inc	$476.19	536.23B	194.38B	36.25%	1.07T
50	UNH	UnitedHealth Group Inc	$270.55	443.75B	11.95B	2.69%	261.12B
51	BRK.B	Berkshire Hathaway Inc	$476.19	436.42B	121.99B	27.95%	1.07T
52	LI	Li Auto Inc	$18.09	417.60B	4.18B	1.00%	134.72B
53	AAPL	Apple Inc	$252.62	407.19B	109.59B	26.92%	3.64T
54	IDCBY	Industrial & Commercial Bank of China	$16.54	405.64B	155.69B	37.88%	2.53T
55	CVS	Cvs Health Corp	$72.18	403.80B	1.78B	0.44%	91.24B
56	JPM	JPMorgan Chase & Co	$295.42	401.55B	137.90B	34.34%	830.82B
57	GOOG	Alphabet Inc-Cl C	$289.59	400.58B	131.43B	32.81%	3.63T
58	AAPL	Apple Inc	$252.62	399.95B	96.88B	25.57%	3.64T
59	UNH	UnitedHealth Group Inc	$270.55	398.52B	9.66B	2.56%	261.12B
60	GOOGL	Alphabet Inc	$290.93	397.64B	130.46B	32.81%	3.63T
61	RHHBY	Roche Holding AG	$47.39	392.69B	75.15B	13.00%	257.69B
62	MSFT	Microsoft Corp	$371.04	388.58B	72.78B	18.73%	2.85T
63	RHHBY	Roche Holding AG	$47.39	387.82B	82.47B	13.68%	257.69B
64	IDCBY	Industrial & Commercial Bank of China	$16.54	381.31B	131.72B	35.99%	2.53T
65	CVS	Cvs Health Corp	$72.18	375.18B	1.48B	0.42%	91.24B
66	ENB	Enbridge Inc	$54.48	359.19B	14.00B	3.90%	161.85B
67	GOOG	Alphabet Inc-Cl C	$289.59	356.04B	105.13B	31.17%	3.63T
68	GOOGL	Alphabet Inc	$290.93	353.42B	104.36B	31.17%	3.63T
69	MCK	Mckesson Corp	$879.75	344.98B	3.17B	0.92%	109.03B
70	LVMUY	LVMH Moët Hennessy	$105.17	343.85B	46.29B	13.46%	228.79B
71	LVMUY	LVMH Moët Hennessy	$105.17	341.53B	41.38B	12.79%	228.79B
72	XOM	Exxon Mobil Corp	$163.26	340.26B	27.27B	8.46%	637.07B
73	ENB	Enbridge Inc	$54.48	330.96B	16.23B	4.91%	161.85B
74	JPM	JPMorgan Chase & Co	$295.42	321.45B	92.83B	28.88%	830.82B
75	COR	Cencora Inc	$325.08	320.94B	1.55B	0.48%	69.89B
76	MSFT	Microsoft Corp	$371.04	320.70B	62.36B	19.45%	2.85T
77	XOM	Exxon Mobil Corp	$163.26	317.50B	28.27B	8.91%	637.07B
78	MCK	Mckesson Corp	$879.75	311.35B	2.57B	0.87%	109.03B
79	LI	Li Auto Inc	$18.09	308.51B	2.78B	0.95%	134.72B
80	ACGBY	Agricultural Bank of China	$16.80	292.80B	110.54B	34.62%	2.32T
81	COR	Cencora Inc	$325.08	290.63B	1.27B	0.46%	69.89B
82	LLY	Eli Lilly and Co.	$916.31	288.72B	68.90B	23.86%	957.52B
83	BLSH	Bullish	$37.43	285.60B	-892,079,560	-0.31%	5.21B
84	MSFT	Microsoft Corp	$371.04	282.10B	101.97B	36.15%	2.85T
85	WMT	Walmart Inc	$123.06	276.10B	19.31B	6.99%	1.05T
86	COST	Costco Wholesale Corp.	$974.86	275.76B	8.11B	2.94%	443.90B
87	ACGBY	Agricultural Bank of China	$16.80	270.41B	91.88B	32.89%	2.32T
88	CI	The Cigna Group	$270.36	270.36B	5.86B	2.17%	71.75B
89	LLY	Eli Lilly and Co.	$916.31	262.19B	49.23B	18.78%	957.52B
90	COST	Costco Wholesale Corp.	$974.86	258.59B	6.85B	2.79%	443.90B
91	WMT	Walmart Inc	$123.06	258.07B	19.45B	7.54%	1.05T
92	TTE	Totalenergies Se	$89.26	251.37B	14.85B	5.91%	168.10B
93	MSFT	Microsoft Corp	$371.04	250.93B	81.63B	34.34%	2.85T
94	BACHY	Bank of China Limited	$14.88	242.28B	89.00B	36.68%	1.62T
95	CI	The Cigna Group	$270.36	235.00B	4.58B	2.06%	71.75B
96	V	Visa Inc	$304.91	230.35B	64.49B	28.00%	603.38B
97	BACHY	Bank of China Limited	$14.88	230.33B	76.15B	34.85%	1.62T
98	CVX	Chevron Corporation	$205.15	222.26B	13.34B	6.34%	372.06B
99	NVDA	NVIDIA Corp	$178.68	217.95B	121.18B	55.60%	4.27T
100	CAH	Cardinal Health Inc	$211.31	216.74B	1.52B	0.70%	52.54B

Frequently Asked Questions

What companies have the highest revenue?

The highest-revenue public companies in the U.S. include Walmart, Amazon, Apple, UnitedHealth Group, and ExxonMobil. Walmart consistently leads with over $600 billion in annual revenue from its global retail operations. Energy companies like ExxonMobil and Chevron see revenue fluctuate with oil prices. Technology companies like Apple and Amazon generate massive revenue while also maintaining higher profit margins than retailers and energy firms.

Is high revenue the same as high profit?

No. Revenue and profit are fundamentally different metrics. Revenue (top line) is total sales; profit (bottom line) is what remains after all expenses. Walmart generates over $600 billion in revenue but operates at thin margins of 2-3%. Apple generates roughly $380 billion but keeps 25%+ as profit. The relationship between revenue and profit is captured by profit margin. High-revenue, low-margin companies need massive scale to generate meaningful earnings.

Why does revenue matter for investors?

Revenue matters because it reflects the size of a company's business operations and demand for its products. Revenue growth is the ultimate driver of long-term earnings growth — companies cannot indefinitely grow profits without growing sales. Investors track revenue trends to assess market share gains or losses, industry demand, and pricing power. A company with declining revenue faces an uphill battle regardless of how efficiently it manages costs.

What is the difference between revenue and market cap?

Revenue measures the total money flowing through a business from operations. Market cap measures the total value the market assigns to the company's stock. Some high-revenue companies have modest market caps (low-margin retailers), while some moderate-revenue companies have enormous market caps (high-growth tech). The ratio of market cap to revenue is the price-to-sales (P/S) ratio, a common valuation metric.

What sectors generate the most revenue?

Retail, energy, and healthcare generate the highest total revenue because their business models involve high-volume, lower-margin transactions. Walmart alone exceeds $600 billion. Healthcare companies like UnitedHealth and CVS generate hundreds of billions from insurance premiums and pharmacy sales. Technology companies generate less total revenue but convert it more efficiently into profit. Financial services revenue comes from interest income, fees, and trading.

What is revenue per share?

Revenue per share divides total annual revenue by the number of outstanding shares. It is used in the price-to-sales ratio and helps normalize revenue comparisons across companies of different sizes. A company with $10 billion in revenue and 1 billion shares has $10 revenue per share. Tracking revenue per share over time shows whether growth is being diluted by share issuance or amplified by share buybacks.

How is revenue different from income?

Revenue is the total amount earned from sales before any deductions. Income refers to profit after subtracting costs — gross income subtracts cost of goods sold, operating income subtracts operating expenses, and net income subtracts everything including taxes and interest. Revenue tells you how big the business is; income tells you how profitable it is. Both metrics are reported on the income statement in quarterly and annual financial reports.