The five largest companies by market cap on the Nasdaq, New York Stock Exchange (NYSE), and international exchanges (combined). Figures come from Companiesmarketcap.com, and are as of March 12, 2024.
The Nasdaq is largely dominated by the tech industry, with all of its top five companies belonging to the “Magnificent Seven” group of tech stocks.
The NYSE’s biggest companies are more diversified, with a combination of tech, financial services, and healthcare names. Among this list, Warren Buffett’s Berkshire Hathaway is the closest to becoming the next trillion dollar company.
Saudi Aramco is the largest company listed outside of the U.S., with a mammoth $2.1T valuation. It should be noted that the Saudi government directly owns 90% of the company, while another 8% is held by the country’s sovereign wealth fund.
A Bloomberg op-ed from 2023 described Aramco’s valuation as an “illusion”, given that only 2% of shares are available to the public.
Nasdaq | NYSE | International exchanges | ||||||||
---|---|---|---|---|---|---|---|---|---|---|
Company | Market Cap (USD trillions) | Graphic label | Company | Market Cap (USD trillions) | Graphic label | Company | Market Cap (USD trillions) | Graphic label | ||
Microsoft | 3,085,000,000,000 | $3.1T | Berkshire Hathaway | 875,400,000,000 | $875B | Saudi Aramco | 2,069,000,000,000 | $2.1T | ||
Apple | 2,675,000,000,000 | $2.7T | TSMC | 749,000,000,000 | $749B | LVMH | 468,970,000,000 | $469B | ||
Nvidia | 2,297,000,000,000 | $2.3T | Eli Lilly | 717,320,000,000 | $717B | Samsung | 372,970,000,000 | $373B | ||
Amazon | 1,821,000,000,000 | $1.8T | Novo Nordisk | 603,550,000,000 | $604B | Tencent | 348,920,000,000 | $349B | ||
1,727,000,000,000 | $1.7T | Visa | 583,190,000,000 | $583B | Kweichow Moutai | 305,320,000,000 | $305B | |||
Total | 11,605,000,000,000 | $11.6T | Total | 3,528,460,000,000 | $3.5T | Total | 3,565,180,000,000 | $3.6T |