The Fortune Global 500 list ranks the world's largest corporations by total revenue for their respective fiscal years. Based on the information available up to early August 2025, here is an overview of the top companies that were listed in the most recent Fortune Global 500 rankings:
Walmart - Holding the top spot for the eleventh consecutive year, Walmart remains the largest company globally by revenue. The American retail giant continues to dominate with a strong presence both domestically and internationally .
Walmart is the world's largest company by revenue, consistently ranking No. 1 on the Fortune Global 500. With over $680 billion in annual revenue, it operates 10,000+ stores worldwide, serving 270 million customers weekly. Known for its low-price str ... - Leo
Amazon - Returning to second place, Amazon has shown significant growth, driven by its e-commerce platform and AWS cloud computing services .
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China's State Grid Corporation - This Chinese state-owned utility company moved up to third place, reflecting its critical role in providing electricity across China and beyond .
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Saudi Aramco - With a 51% increase in revenues, Saudi Aramco climbed from sixth to second place in the previous year’s ranking, showcasing the importance of oil and gas in the global economy .
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Sinopec Group - Another Chinese company, Sinopec, which is involved in the production and sales of petroleum and chemical products, took fifth place .
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China National Tobacco - Likely there was a mix-up in the provided sources; however, it should be noted that China National Tobacco is not usually among the top 10 in the Fortune Global 500. It might have been intended to mention another major player like China National Tobacco's counterpart in energy or manufacturing . Given the context, it's more probable that China National Petroleum Corp would be mentioned here instead, as it consistently appears in the top 10.
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Shell Plc - Although not directly mentioned in the latest data, Royal Dutch Shell (now known as Shell Plc) often features in the top 10 due to its substantial operations in oil and gas .
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Industrial and Commercial Bank of China (ICBC) - As one of the largest banks by total assets, ICBC typically makes the top 10 list when ranked by revenue or other financial metrics .
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Toyota Motor Corporation - An automaker that frequently ranks within the top 10, Toyota is known for its leadership in automotive manufacturing and innovation .
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Volkswagen AG - Another leading automobile manufacturer, Volkswagen also regularly appears in the upper echelons of the Fortune Global 500 .
+ Comment+ Vote ( 1 )It's important to note that exact rankings can change yearly based on performance and economic conditions. For the most current and accurate ranking, you should refer to the official Fortune Global 500 list published annually. Each year, the list provides insights into the global business landscape and highlights the companies that are shaping industries around the world. The exact figures and positions may vary slightly depending on the timing of the release and the specific criteria used for ranking.