The Forbes Global 2000 is a list of the most successful publicly listed companies of the world. It is compiled annually by Forbes Magazine since 2004.
In a reflection of the globalization of the world, and the growing influence of emerging markets, the footprint of the Global 200 has grown. In 2004, companies came from 51 markets, but this had grown to 60 markets by 2008.
Forbes believe that the best way to categorize companies across markets is to measure a basket of factors and define a composite score. Total sales, after-tax profits, market value and total assets are all factored into the categorization.
The collective size of these corporations beggars belief, and is growing every year. Forbes Global 2000 companies now employ 72 million people worldwide, own $119 trillion in assets, are worth $39 trillion in market cap, earn $30 trillion in revenues and $2.4 trillion in profits. To put these figures in perspective, GDP for the United States of America was $13.84 trillion in 2007 according to the CIA World Factbook. Total World GDP (or Gross World Product) is estimated at $65.61 trillion. The Forbes Global 2000 therefore control about 46% of world output.
The US still dominates the list, but its share is shrinking, with 153 fewer companies than in 2004. For the first time, the top ranking company is no longer American – that spot has been taken by the London-based HSBC, which has achieved an impressive revenue compounded annual growth rate (CAGR) of 26% over the last five years, with earnings growing at 31% per annum. India, China and Brazil are the countries growing the fastest in their contribution. India has led this trend, with 48 companies this year compared to 27 companies in 2004.
Despite the credit crunch, the banking industry is still the largest in the Forbes Global 2000. It has 315 entries, with profits of $398 billion and assets of $58.3 trillion. The oil and gas companies lead the table for revenues of $3.76 trillion, generated by 123 companies. They accrued $386 billion in profits. With oil prices continuing to hit new highs, expect oil and gas to lead in both sales and profits in 2009.
A fascinating category of the list is the high performing companies whose growth rates outstrip their peers. On average, the 130 companies identified as global high performers are growing earnings at a 25% rate.
The Top 100 companies from the Forbes Global 2000 are as follows:
|
Rank |
Company |
Country |
Industry |
Sales ($Billion) |
Profits ($Billion) |
Assets ($Billion) |
Market Cap ($Billion) |
|
1 |
HSBC Holdings |
United Kingdom |
Banking |
146.5 |
19.13 |
2,348.98 |
180.81 |
|
2 |
General Electric |
United States |
Conglomerates |
172.74 |
22.21 |
795.34 |
330.93 |
|
3 |
Bank of America |
United States |
Banking |
119.19 |
14.98 |
1,715.75 |
176.53 |
|
4 |
JPMorgan Chase |
United States |
Banking |
116.35 |
15.37 |
1,562.15 |
136.88 |
|
5 |
ExxonMobil |
United States |
Oil & Gas Operations |
358.6 |
40.61 |
242.08 |
465.51 |
|
6 |
Royal Dutch Shell |
Netherlands |
Oil & Gas Operations |
355.78 |
31.33 |
266.22 |
221.09 |
|
7 |
BP |
United Kingdom |
Oil & Gas Operations |
281.03 |
20.6 |
236.08 |
204.94 |
|
8 |
Toyota Motor |
Japan |
Consumer Durables |
203.8 |
13.99 |
276.38 |
175.08 |
|
9 |
ING Group |
Netherlands |
Insurance |
197.93 |
12.65 |
1,932.15 |
75.78 |
|
10 |
Berkshire Hathaway |
United States |
Diversified Financials |
118.25 |
13.21 |
273.16 |
216.65 |
|
10 |
Royal Bank of Scotland |
United Kingdom |
Banking |
108.45 |
14.62 |
3,807.51 |
76.64 |
|
12 |
AT&T |
United States |
Telecommunications Services |
118.93 |
11.95 |
275.64 |
210.22 |
|
13 |
BNP Paribas |
France |
Banking |
116.16 |
10.71 |
2,494.41 |
81.9 |
|
14 |
Allianz |
Germany |
Insurance |
139.12 |
10.9 |
1,547.48 |
80.3 |
|
15 |
Total |
France |
Oil & Gas Operations |
199.74 |
19.24 |
165.75 |
181.8 |
|
16 |
Wal-Mart Stores |
United States |
Retailing |
378.8 |
12.73 |
163.38 |
198.6 |
|
17 |
Chevron |
United States |
Oil & Gas Operations |
203.97 |
18.69 |
148.79 |
179.97 |
|
18 |
American Intl Group |
United States |
Insurance |
110.06 |
6.2 |
1,060.51 |
118.2 |
|
19 |
Gazprom |
Russia |
Oil & Gas Operations |
81.76 |
23.3 |
201.72 |
306.79 |
|
20 |
AXA Group |
France |
Insurance |
151.7 |
7.75 |
1,064.67 |
70.33 |
|
21 |
Banco Santander |
Spain |
Banking |
72.26 |
10.02 |
1,332.72 |
113.27 |
|
22 |
ConocoPhillips |
United States |
Oil & Gas Operations |
171.5 |
11.89 |
177.76 |
129.15 |
|
23 |
Goldman Sachs Group |
United States |
Diversified Financials |
87.97 |
11.6 |
1,119.80 |
67.16 |
|
24 |
Citigroup |
United States |
Banking |
159.23 |
3.62 |
2,187.63 |
123.44 |
|
25 |
Barclays |
United Kingdom |
Banking |
79.7 |
8.76 |
2,432.34 |
62.43 |
|
26 |
EDF Group |
France |
Utilities |
81.6 |
7.69 |
271.66 |
170.81 |
|
27 |
E.ON |
Germany |
Utilities |
94.04 |
9.86 |
200.84 |
126.22 |
|
28 |
ENI |
Italy |
Oil & Gas Operations |
119.27 |
13.7 |
128.15 |
127.38 |
|
29 |
Petrobras-Petróleo Brasil |
Brazil |
Oil & Gas Operations |
87.52 |
11.04 |
129.98 |
236.67 |
|
30 |
PetroChina |
China |
Oil & Gas Operations |
88.24 |
18.21 |
111.7 |
546.14 |
|
31 |
Procter & Gamble |
United States |
FMCG |
79.74 |
11.13 |
144.4 |
203.67 |
|
32 |
Deutsche Bank |
Germany |
Diversified Financials |
95.5 |
7.45 |
1,485.58 |
56.27 |
|
33 |
UniCredit Group |
Italy |
Banking |
63.67 |
7.19 |
1,077.21 |
77.46 |
|
34 |
Telefónica |
Spain |
Telecommunications Services |
82.4 |
13 |
143.13 |
138.42 |
|
35 |
Mitsubishi UFJ Financial |
Japan |
Banking |
49.49 |
7.5 |
1,591.56 |
98.14 |
|
36 |
Volkswagen Group |
Germany |
Consumer Durables |
149 |
5.64 |
210.88 |
90.23 |
|
37 |
IBM |
United States |
Software & Services |
98.79 |
10.42 |
120.43 |
157.62 |
|
38 |
ArcelorMittal |
Luxembourg |
Materials |
105.22 |
10.37 |
133.65 |
108.82 |
|
38 |
Daimler |
Germany |
Consumer Durables |
145.11 |
5.82 |
199.77 |
85.16 |
|
40 |
BBVA-Banco Bilbao Vizcaya |
Spain |
Banking |
54.34 |
8.94 |
733.14 |
78.29 |
|
41 |
Wells Fargo |
United States |
Banking |
53.59 |
8.06 |
575.44 |
96.37 |
|
42 |
ICBC |
China |
Banking |
37.48 |
6.31 |
961.65 |
289.57 |
|
43 |
Credit Suisse Group |
Switzerland |
Diversified Financials |
83.72 |
7.53 |
1,194.75 |
50.85 |
|
44 |
HBOS |
United Kingdom |
Banking |
100.32 |
8.1 |
1,336.17 |
44.84 |
|
45 |
Crédit Agricole |
France |
Banking |
101.59 |
6.49 |
1,662.60 |
45.73 |
|
45 |
Nestlé |
Switzerland |
Food Drink & Tobacco |
94.76 |
9.38 |
99.06 |
188.11 |
|
47 |
Fortis |
Netherlands |
Diversified Financials |
121.19 |
5.46 |
1,020.98 |
49.04 |
|
48 |
Verizon Communications |
United States |
Telecommunications Services |
93.47 |
5.65 |
186.96 |
104.27 |
|
49 |
France Telecom |
France |
Telecommunications Services |
77.31 |
9.2 |
137.09 |
87.89 |
|
50 |
Siemens |
Germany |
Conglomerates |
103.2 |
5.42 |
126.72 |
118.47 |
|
50 |
Wachovia |
United States |
Banking |
55.53 |
6.31 |
782.9 |
60.69 |
|
52 |
Sinopec-China Petroleum |
China |
Oil & Gas Operations |
133.79 |
6.9 |
77.44 |
186.38 |
|
53 |
Hewlett-Packard |
United States |
Technology Hardware & Equip |
107.67 |
7.85 |
88.57 |
122.04 |
|
54 |
Lloyds TSB Group |
United Kingdom |
Banking |
58.74 |
6.53 |
701.08 |
50.95 |
|
55 |
Royal Bank of Canada |
Canada |
Banking |
43.57 |
5.77 |
629.96 |
64.41 |
|
56 |
Bank of China |
China |
Banking |
31.13 |
5.49 |
679.57 |
171.45 |
|
57 |
Pfizer |
United States |
Drugs & Biotechnology |
48.42 |
8.14 |
115.27 |
152.17 |
|
58 |
Johnson & Johnson |
United States |
Drugs & Biotechnology |
61.1 |
10.58 |
80.95 |
175.51 |
|
59 |
Samsung Electronics |
South Korea |
Semiconductors |
92.26 |
8.56 |
87.49 |
87.84 |
|
60 |
StatoilHydro |
Norway |
Oil & Gas Operations |
89 |
7.52 |
89.16 |
98.36 |
|
61 |
Generali Group |
Italy |
Insurance |
102.16 |
3.17 |
486.43 |
60.79 |
|
62 |
CCB-China Construction Bank |
China |
Banking |
29.16 |
5.93 |
697.44 |
126.55 |
|
63 |
Microsoft |
United States |
Software & Services |
57.9 |
16.96 |
67.34 |
253.15 |
|
64 |
Suez Group |
France |
Utilities |
64.96 |
5.37 |
114.89 |
83.56 |
|
65 |
Zurich Financial Services |
Switzerland |
Insurance |
55.05 |
5.63 |
387.67 |
45.76 |
|
66 |
Nippon Telegraph & Tel |
Japan |
Telecommunications Services |
91.57 |
4.06 |
149.71 |
60.27 |
|
67 |
Sanofi-aventis |
France |
Drugs & Biotechnology |
40.95 |
7.68 |
104.98 |
101.17 |
|
68 |
Honda Motor |
Japan |
Consumer Durables |
94.35 |
5.04 |
101.82 |
56.82 |
|
69 |
Nokia |
Finland |
Technology Hardware & Equip |
74.54 |
10.52 |
52.62 |
145.66 |
|
70 |
Munich Re |
Germany |
Insurance |
67.57 |
5.63 |
306.03 |
37.34 |
|
71 |
Mizuho Financial |
Japan |
Banking |
32.52 |
5.28 |
1,272.17 |
48.8 |
|
72 |
Novartis |
Switzerland |
Drugs & Biotechnology |
40.22 |
12.62 |
71.89 |
111.62 |
|
73 |
MetLife |
United States |
Insurance |
53.01 |
4.32 |
558.56 |
41.32 |
|
74 |
Roche Holding |
Switzerland |
Drugs & Biotechnology |
40.65 |
8.6 |
67.72 |
169.32 |
|
75 |
Morgan Stanley |
United States |
Diversified Financials |
85.33 |
2.56 |
1,045.41 |
46.53 |
|
76 |
Vale |
Brazil |
Materials |
33.23 |
10.26 |
74.7 |
161.39 |
|
77 |
Rio Tinto |
UK/ Australia |
Materials |
29.7 |
7.31 |
100.81 |
165.48 |
|
78 |
China Mobile |
Hong Kong/China |
Telecommunications Services |
37.06 |
8.29 |
62.44 |
308.59 |
|
79 |
GlaxoSmithKline |
United Kingdom |
Drugs & Biotechnology |
45.07 |
10.35 |
57.16 |
120.05 |
|
80 |
BASF |
Germany |
Chemicals |
84.6 |
5.93 |
67.33 |
60.96 |
|
81 |
RWE Group |
Germany |
Utilities |
56.17 |
3.64 |
119.5 |
68.19 |
|
82 |
Sumitomo Mitsui Financial |
Japan |
Banking |
33.04 |
3.76 |
850.75 |
56.1 |
|
83 |
BHP Billiton |
UK/ Australia |
Materials |
39.5 |
13.42 |
53.36 |
190.62 |
|
84 |
Time Warner |
United States |
Media |
46.48 |
4.39 |
133.83 |
55.83 |
|
85 |
Banco Bradesco |
Brazil |
Banking |
36.12 |
4.11 |
192.65 |
59.8 |
|
85 |
KBC Group |
Belgium |
Banking |
35.22 |
4.66 |
517.98 |
43.66 |
|
87 |
Dexia |
Belgium |
Banking |
140.78 |
3.47 |
889.98 |
28.04 |
|
88 |
Altria Group |
United States |
Food Drink & Tobacco |
38.05 |
9.16 |
57.21 |
154.2 |
|
89 |
National Australia Bank |
Australia |
Banking |
38.88 |
4.06 |
499.44 |
43.95 |
|
90 |
Cisco Systems |
United States |
Technology Hardware & Equip |
37.68 |
8.07 |
55.3 |
145.39 |
|
91 |
Manulife Financial |
Canada |
Insurance |
33.08 |
4.01 |
178.58 |
59.18 |
|
92 |
Bank of Nova Scotia |
Canada |
Banking |
28.02 |
4.25 |
431.3 |
48.08 |
|
93 |
Intel |
United States |
Semiconductors |
38.33 |
6.98 |
55.65 |
115.59 |
|
94 |
Unilever |
Netherlands/ UK |
Food Drink & Tobacco |
54.82 |
5.3 |
53.4 |
92.75 |
|
95 |
Toronto-Dominion Bank |
Canada |
Banking |
26.51 |
4.2 |
443.56 |
48.38 |
|
96 |
Nissan Motor |
Japan |
Consumer Durables |
89.09 |
3.92 |
104.2 |
37.9 |
|
97 |
Lehman Bros Holdings |
United States |
Diversified Financials |
59 |
4.19 |
691.06 |
27.05 |
|
98 |
Carrefour Group |
France |
Food Markets |
112.4 |
3.15 |
75.73 |
49.95 |
|
99 |
Commonwealth Bank |
Australia |
Banking |
26.48 |
3.8 |
360.42 |
51.86 |
|
100 |
Boeing |
United States |
Aerospace & Defense |
66.39 |
4.07 |
58.99 |
63.32 |