Even with its political polarization and economic uncertainty, there is still no better place on Earth to grow a business than the United States.
U.S.-based companies dominate the latest Forbes Global 2000 list, which ranks the world’s 2,000 largest companies by revenue, profit, assets and market value. With 612 American companies on this year’s list—including six of the top 10—the U.S. continues to earn its reputation as the world’s economic superpower.
Topping the list for the third straight year is JPMorgan, which saw its 12-month sales ($285 billion), profits ($59 billion), assets ($4.4 trillion) and market capitalization ($678 billion) grow to all-time highs in the past year. In total, the U.S. companies on the list are worth $50 trillion in market value, the majority of the $91 trillion all 2,000 companies account for, despite making up less than one-third of the list.
As America’s largest bank, JPMorgan is the only company to rank in the top 20 worldwide in each of the four categories considered for the list. Berkshire Hathaway, the Industrial and Commercial Bank of China, Saudi Aramco and Amazon make up the rest of the top five of the overall Global 2000.
Read more on this year’s ranking from Forbes’ Hank Tucker here, and keep scrolling below for more in-depth journalism you can’t get anywhere else. |
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