World's largest companies reach record figures according to Forbes report - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
June 16, 2025 Newswires
Share
Share
Post
Email

World’s largest companies reach record figures according to Forbes report

CE Noticias Financieras

The Forbes Global 2000 list, which ranks the world's 2,000 largest companies by revenues, profits, assets and market value, presents historical figures in 2025 that reflect sustained growth in the global economy.

According to the business and finance magazine, combined annual sales reached USD 52.9 trillion, up from USD 42.3 trillion in 2020, while global profits grew to USD 4.9 trillion, more than three times higher than two decades ago.

Total asset value stood at USD 242.2 trillion, and cumulative market capitalization reached USD 91.3 trillion, up significantly from USD 54.3 trillion in 2020.

These data, published by Forbes, show how globalization and corporate consolidation have transformed the world economic landscape over the last twenty years.

The United States, leader in number and value of companies

The United States remains the country with the highest representation in the ranking, with 612 companies, just below the 621 of the previous year. Among the most famous firms are:

  • Walmart, the global leader in sales
  • Alphabet, the most profitable
  • Apple, with the highest stock market value at the end of April 2025.

Nvidia also reached 47th place, entering the top 100 for the first time, driven by its central role in the development of artificial intelligence solutions.

Although the United States dominates the ranking in terms of number and size of companies, the 100 largest international companies achieved a better performance in the last year, with an average gain of 13.2%, compared to the 10.5% obtained by U.S. firms.

However, looking at cumulative performance over the past decade, U.S. companies remain in the lead, with total growth of 488.3%, well ahead of their international peers, according to Forbes estimates.

Banking and technology: the dominant sectors

The financial sector has the largest presence in the Global 2000. Among the top eight companies, five belong to this sector, led by JPMorgan, which stands out for its revenues, profits, assets and capitalization. Berkshire Hathaway, the Industrial and Commercial Bank of China (ICBC), Saudi Aramco and Amazon also feature.

In total, 328 banks make up the list, along with 134 diversified financial institutions such as Goldman Sachs, Charles Schwab and Blackstone, and 117 insurers, according to the sector breakdown published by Forbes. Other sectors with high representation are:

  • Construction: 109 companies
  • Utilities: 96
  • Software and IT services: 94
  • Oil and gas: 93
  • Materials: 87
  • Food, beverages and tobacco: 85
  • Transportation: 84

For its part, the technology sector has 186 companies distributed in software, hardware, services and semiconductors. The so-called "Magnificent Seven" (Apple, Microsoft, Amazon, Alphabet, Meta, Nvidia and Tesla) lead the ranking by market value, although with smaller assets compared to the financial sector.

Composition of the global top 5

The top 5 of the list includes a combination of the financial sector, technology and fossil energy:

1) JPMorgan Chase

Headquarters: United States

Sector: Financial services

Activity: Financial intermediation, investment banking, commercial banking, asset management

Sales: US$285.11 billion

Profit: US$59.36 billion

Assets: $4,357,860 million

Market value: US$677.8 billion

2) Berkshire Hathaway

Headquarters: United States

Sector: Financial conglomerate / Insurance / Investments

Activity: Diversified holding company with businesses in insurance (GEICO), energy, railroads, manufacturing, and stock market equities

Sales: US$371.43 billion

Profit: US$89 billion

Assets: US$1,153,880 million

Trade value: US$1,145.46 billion

3) Industrial and Commercial Bank of China (ICBC)

Headquarters: China

Sector: Financial Services

Activity: Commercial banking, credit, financial intermediation in China and globally

Sales: USD 221,960 million

Profit: USD 50.84 billion

Assets: USD 6,688.6 billion

Trade value: USD 251.33 billion

4) Saudi Aramco

Headquarters: Saudi Arabia

Sector: Energy / Oil and gas

Activity: Production, refining and export of petroleum and petroleum products

Sales: USD 480.15 billion

Profit: USD 104.97 billion

Assets: $645.03 billion

Trade value: USD 1,663.380 million

5) Amazon

Headquarters: United States

Sector: Technology / E-commerce / Cloud services

Business: Global e-commerce, cloud services (AWS), logistics and digital content

Sales: USD 637.96 billion

Revenue: USD 59.25 billion

Assets: USD 624.89 billion

Trade value: USD 2,005.64 billion

Significant rises and falls in the rankings

One of the most significant movements was the rise of Nvidia to 47th place, reflecting the rise of artificial intelligence and the high valuation of chipmakers.

Disney (71st) and Pfizer (73rd) also returned to the top 100 after improving their financial results. In the case of Pfizer, its market capitalization is still 60% below the peak reached at the end of 2021.

In the opposite direction, BP fell 374 positions to 421st place, due to a drop in profits caused by the fall in oil prices and technical stoppages at refineries. Intel, meanwhile, dropped from 107th to 488th place after reporting net losses of USD 19 billion in the last twelve months.

Sector structure and economic influence

Of the 100 companies with the most assets, 88 belong to the financial sector, which reinforces their global influence and ability to accumulate resources. Their profitability was driven by high net interest margins in a context of high interest rates.

The technology sector, on the other hand, dominates in market value and profits, leveraged by its capacity for innovation and digital expansion.

Forbes' analysis reaffirmed the leadership of the United States and China as business drivers, and the consolidation of banking and technology as pillars of the global economy. The record figures for 2025 reveal a corporate dynamism that continues to set the course for global growth.

Older

6 Overlooked Insurance Tricks That Make Long-Term Care Way More Affordable

Newer

SEC scraps proposed cybersecurity rules for investment advisers, market participants

Advisor News

  • How smart investments prepare clients for inflation
  • Amid slew of corporate tax ideas, Newsom chose one likely to hit people’s premiums
  • The biggest risk to your clients’ financial plans isn’t market volatility
  • Initiative looks at how caregiving impacts workplace benefits
  • Will rising retirement needs spark an annuity boom?
More Advisor News

Annuity News

  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • Fortitude Re Completes $500 Million FABN Issuance
  • Reframing retirement income for greater certainty
  • Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
More Annuity News

Health/Employee Benefits News

  • Final rules for Medicaid work requirements are out. Here's what you need to know.
  • Final rules for Medicaid work requirements are out. Here's what you need to know.
  • Hyde-Smith blasts health care delays
  • WNY health insurers seek rate hikes of 9% to 24% for 2027
  • Healthcare now costs more than mortgages
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Issue Credit Ratings of Weston2038 LLC’s Credit-Linked Notes
  • Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
  • Greg Lindberg moves to halt $1.65B restitution order, claims he ‘overpaid’
  • Fidelity Investments® to Expand Target Date Lineup With Launch of Guaranteed Income Solution
  • KBRA Releases Research – Private Credit: Much Ado About Nothing – Perspectives on Columbia Business School Paper About Private Ratings
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Looking for stronger rates, amplified growth & real results?
Sentinel's Accumulation Protector Plus℠ Annuity is for clients wanting more from retirement planning

Press Releases

  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet