There are different lists on the internet comparing the most valuable companies in the world, and all of them compare different filters to determine which company is the most valuable one.
Fortune, one of the biggest publishers in the world, also makes its own list called Global 500. They list the most valuable 500 companies by looking at varying factors each year.
We will examine the Global 500 List for Fortune 2018 and see what the list was like in 2018.
- Revenue plays an important role in determining the rank of a company.
- Having the highest revenue doesn’t necessarily mean that you also have the highest revenue increase in percentages.
- Revenue increase or a high revenue do not always equal the same profits.
Global 500 Companies With Highest Revenue
The Global 500 list is actually ranked according to different aspects, but revenue plays a major role and determines the ranks.
In Fortune 2018 Global 500 list, the top revenue maker company is Walmart, with around $500 million in revenues in a single year.
They are doing exceptionally well because the second company with the highest revenue, only around $348 million, which is State Grid.
Some notable companies are Shell with $311 million in fifth place and Toyota in sixth place with $265 million.
All of these revenues that we see are the revenues for the fiscal year of 20181.
Global 500 Companies With Highest Revenue Percentage Increase
Having the highest revenue doesn’t necessarily mean that you also have the highest revenue increase in percentages.
Most companies at the top level in the Global 500 list do not have high revenue percentage increases.
Among these 500 companies, the 484th company, DXC technology, has the highest revenue increase in percentages.
They had a 222.8% increase in their revenues which is an impressive number because the second-highest revenue percentage change in the list is 156.9% for Oil & Natural Gas company, and they are 197th on the Global 500 list.
These revenue percentage increases are the increases from the previous year.
Global 10 Companies With Highest Profits
- Exxon Mobil
- Berkshire Hathaway
- UnitedHealth Group
- CVS Health
- General Motors
High revenue or revenue increase do not always equal the same profits. Revenue is the amount you make, and profit is the amount that you have left from the revenue when you remove the expenses.
In the Global 500 list, Walmart, the 1st company, has the highest revenue, but its profits are only around $10 million, not even close to the highest profit company on the list.
To put it into context, the company with the highest profit on the list is Apple with $48.35 million, and they were 11th on the Global 500 list.
The second company with the highest profit is British American Tobacco, with $48.32 million, extremely close to Apple.
But, British American Tobacco barely made the list because they are ranked 453rd because their revenues are exceptionally low compared to other companies on the list. 2
To conclude, the Global 500 List is the list of the 500 most valuable companies in the world with various filters such as profits, revenues, revenue changes, profit changes, number of people working in that company, and so many other details.
However, the leading factor in determining the ranks of the companies is the revenue they make in the fiscal year when Fortune makes a list, which is 2018.
Amit Gupta is the founder of National Planning Cycles, a company that helps startups, individuals, and small businesses with their financial planning. He has a vast amount of experience in the finance sector, having managed Google Play accounts for some of the world’s most successful unicorns. Amit is an expert in his field, and he uses his knowledge to help others achieve their individual goals.
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