In this article, we discuss the largest companies in the United States in 2023. We have done extensive research to get the revenue and Market capitalization of each company.
Table of Contents
List of Largest United States Companies
1. Apple Inc.
- Origin country: United States of America
- World rank: 1 (1st January 2023)
- CEO: Tim Cook
- Founder: Steve Jobs
- Founded: 1st April 1976
- Headquarters: 1 Apple Park Way, Cupertino, California, U.S.
- Employees: 164,000+
- Net income (TTM): $101.12 billion for the year ending 31st March 2023 with an increase of 32.2% year-over-year
- Revenue: $94.836B (Q1, 2023)
- Annual operating income: $114.23 billion (year ending 31st March 2023)
- Total assets: $400.47 billion (31st March 2023)
- Market cap: $3089.9B (July 31, 2023)
- Market value: $3.0 trillion (2023)
- Brand Value: $297.5 billion (2023)
Apple Inc. is the largest technology companies based on revenue, the most valuable company, the fourth-largest manufacturer of smartphones and also the fourth-largest PC vendor based on unit sales in the world.
Apple product portfolio includes consumer electronics (mobile phones, iPod, iPhone, watch), computer hardware and software, retail, AI, financial technology, cloud computing and digital distribution etc.
In 2023, Apple is expected to release several new products. Some of the anticipated releases include the iPhone 15 lineup, Apple Watch Series 9, Apple Watch Ultra 2, a new iMac, and new Macs featuring the M2 and potentially the M3 chips
Apple enjoys a high level of brand loyalty and this is why more than 1.6.5 billion U.S. dollars’ worth of Apple products are currently in use in the global market which the top company sells through 164,000+ full-time employees at 518 stores.
2. Microsoft Corporation
- Origin country: United States of America
- World rank: 2 (1st January 2023)
- CEO: Satya Nadella
- Founders: Bill Gates, Paul Allen
- Founded: 4th April 1975
- Headquarters: Redmond, Washington, U.S.
- Employees: 181,000
- Revenue: $52.9 billion (quarter ending March 31, 2023)
- Market Cap: $2.5 trillion (August 2023)
- Market value: $2.3 trillion
- Brand Value: exceeded 611 billion U.S. dollars (2022)
- Net income (TTM): $81.29 billion for the year ending 31st March 2023 with an increase of 24.5% year-over-year
- Annual operating income: $93.05 billion (year ending 31st March 2023)
- Total assets: $379.99 billion (31st March 2023)
Microsoft Corporation is a public company whose stock is traded on Nasdaq Stock Exchange. It is one of the top 5 technology companies in the world and is engaged in developing, supporting, designing, and licensing numerous products and services.
Microsoft has been partnering with OpenAI, the creator of ChatGPT, to enhance its Microsoft 365 productivity software. The company is also working with London Stock Exchange Group Plc to form a strategic partnership.
The company is associated with several industries like the internet, cloud computing, social networking, software development, and computer hardware to name a few. It has gained worldwide recognition because of its product line which includes Microsoft Windows OS, Internet Explorer, Microsoft Office Suite, Microsoft Surface, and Xbox video game consoles. Since the year 2020, Microsoft Corporation is the third-largest company in the world based on global brand valuation
3. Alphabet Inc.
- Origin country: United States of America
- World rank: 4 (1st January 2023)
- CEO: Sundar Pichai
- Founder: Sergey Brin and Larry Page
- Founded: 2nd October 2015
- Headquarters: Googleplex, California, U.S.
- Employees: 145,000
- Revenue: $289.531 billion ( twelve months ending June 30, 2023)
- Market Cap: $1.685 trillion USD (July 31, 2023)
- Market value: $1.7 trillion
- Net income (TTM): $85.89 billion for the year ending 31st March 2023 with an increase of 14.2% year-over-year
- Annual operating income: $94.55 billion (year ending 31st March 2023)
- Total assets: $425.19 billion (31st March 2023)
Alphabet Inc. is often described as a technology conglomerate that is engaged in the acquisition, development and operation of different companies. Traded at Nasdaq Stock Exchange the public company is amongst the top 5 valuable companies and fourth-largest technology company based on revenues in the world. It has been listed in the top 10 companies for the first time in Fortune 500 2020 list
Alphabet Inc. manages and operates its business through two divisions’ other than the internet service and Google segment. The first deals in businesses like Nest, GV and Verily whereas the latter segment includes Google and its key internet products like Chrome, YouTube Apps, Maps, Search Ads, Google Play, Nexus and Chromecast etc.
4. Amazon.Com
- Origin country: United States of America
- World rank: 3 (1st January 2023)
- CEO: Andy Jassy
- Founder: Jeff Bezos
- Founded: 5th July 1994
- Headquarters: Seattle, Washington, U.S.
- Employees: 1,639,000
- Revenue: $524.897 billion (twelve months ending March 31, 2023)
- Market Cap: $1371.6B (August 1, 2023)
- Market value: $1.7 trillion
- Net income (TTM): $35.33 billion for the year ending 31st March 2023 with an increase of 15.8% year-over-year
- Annual operating income: $40.27 billion (year ending 31st March 2023)
- Total assets: $555.34 billion (31st March 2023)
Traded on the Nasdaq Stock Exchange, the publicly-traded company Amazon.com is considered one of the most valuable and influential American brands in the world. It is also the largest AI assistant provider, cloud-computing platform and e-commerce platform in the world.
In addition to its e-commerce business, Amazon is involved in cloud computing, offering services such as Amazon Web Services (AWS) . AWS provides a range of cloud-based computing services, including storage, computing power, and databases, to businesses and individuals. Amazon also has a digital streaming service called Amazon Prime Video, which offers a variety of movies and TV shows for streaming.
Amazon has been in the news for a variety of reasons, including its impact on small businesses and its treatment of workers. Despite this, Amazon remains one of the largest and most successful companies in the world, with a market capitalization of over $1.5 trillion as of July 2023.
The company started its journey by selling books through its online portal and with time extended its horizons to include a diversified product portfolio that includes consumer electronics, furniture, software, apparel etc.
5. Facebook Inc.
- Origin country: United States of America
- World rank: 9 (1st January 2023)
- CEO: Mark Zuckerberg
- Founder: Mark Zuckerberg, Chris Hughes, Dustin Moskovitz, Andrew McCollum and Eduardo Saverin
- Founded: 4th February 2004
- Headquarters: Menlo Park, California, U.S.
- Employees: 62,000
- Market value: $1.02 trillion (1st January 2023)
- Revenue: $31,999 million (Q2 2023)
- Net income (TTM): $38.45 billion for the year ending 31st March 2023 with an increase of 14.7% year-over-year
- Annual operating income: $43.38 billion (year ending 31st March 2023)
- Total assets: $187.73 billion (31st March 2023)
- Market cap: 1,020.1 billion U.S. dollar (18th May 2023)
Meta Platforms, Inc., formerly known as Facebook, Inc., is an American multinational technology conglomerate based in Menlo Park, California. Facebook Inc. is one of the top five US-based most valuable technology companies in the world. Traded on the Nasdaq Stock Exchange the company earns mostly from the advertisements on its website. The company owns and operates several products and services, including Facebook, Instagram, and WhatsApp. Meta is one of the world’s most valuable companies and among the ten largest publicly traded corporations in the United States.
It has kept the platform free of charge for its users where they can create profiles, start and join groups and upload photos.
Facebook Inc. is a conglomerate associated with the advertising and social media industries. Key products and services besides the most popular social networking platform Facebook include acquisitions like Mapillary, Instagram, and WhatsApp and a stake of 9.9% in Jio Platforms along with Facebook Portal, Facebook Watch, and Facebook Messenger.
6. Berkshire Hathaway
- Origin country: United States of America
- World rank: 7 (1st January 2023)
- CEO: Warren Buffett
- Founder: Oliver Chace
- Founded: 1839
- Headquarters: Kiewit Plaza, Omaha, U.S.
- Employees: 414,000
- Market value: $780.03 billion (1st January 2023)
- Revenue: $85.393B (quarter ending March 31, 2023)
- Net income: $35.504B (quarter ending March 31, 2023)
- Annual operating income: $172.54 billion (year ending 31st March 2023)
- Total assets: $997.072B (31st March 2023)
- Market cap: $760.75B (August 2, 2023)
Berkshire Hathaway Inc. is a multinational holding company that has full ownership (Duracell, Long and Foster, Dairy Queen) as well as minority holdings (Bank of America, The Coca-Cola Company, American Express) in numerous companies. The conglomerate is a publicly-traded company whose stock is listed on the New York Stock Exchange. Berkshire Hathaway is led by Warren Buffett, who is widely considered one of the most successful investors of all time.
The product portfolio of Berkshire Hathaway Inc. includes a range of diversified businesses like gas utilities, jewellery, home furnishings, retail and confectionery etc. The company has been placed at an eighth position as the largest global company and first position as the largest financial company based on revenues in the world as per the Forbes Global 2000 list
7. JPMorgan Chase & Co
- Origin country: United States of America
- World rank: 13 (1st January 2023)
- CEO: Jamie Dimon
- Founded: 1st December 2000
- Headquarters: New York City, U.S.
- Employees: 275,000
- Market value: $525.03 billion (1st January 2023)
- Revenue : $61.172B (quarter ending June 30, 2023)
- Net income : $14.011B (quarter ending June 30, 2023)
- Annual operating income: $57.04 billion (year ending 31st March 2023)
- Total assets: $3,744.305B (quarter ending June 30, 2023 )
- Market cap: $458.54B (August 02, 2023)
JPMorgan Chase & Co is an American multinational financial services firm headquartered in New York City and incorporated in Delaware. It is the largest bank in the United States and the world’s largest bank by market capitalization. JPMorgan Chase serves millions of customers, clients, and communities in 100+ global markets. The company offers a range of financial services, including credit cards, mortgages, commercial banking, auto loans, and investing.
JPMorgan Chase & Co is associated with the financial services and investment banking industry and is considered a custodian and a universal bank. The stock of the publicly traded company is listed at New York Stock Exchange and is part of the Big Four banks of the U.S. along with Wells Fargo, Citigroup and Bank of America.
The product portfolio of JPMorgan Chase & Co includes private wealth management, private banking, asset management, investment banking, commercial banking and treasury services. The renowned and respected bank Morgan Chase was awarded the “Best banking Performer, the United States of America in 2016” award by the Global Brands Magazine.
JPMorgan Chase is dedicated to lasting progress and driving economic growth while breaking down barriers to opportunities across the globe. The company has also been recognized as one of the 100 Most Influential Companies of 2023 by TIME.
8. VISA Inc.
- Origin country: United States of America
- World rank: 12 (1st January 2023)
- CEO: Alfred F Kelly Jr
- Founder: Dee Hock
- Founded: 1958
- Headquarters: Foster City, California, U.S.
- Employees: 22,000
- Market value: $562.03 billion (1st January 2023)
- Revenue: $8.123B (quarter ending June 30, 2023)
- Net income : $4.156B (quarter ending June 30, 2023)
- Annual operating income: $15.41 billion (year ending 31st March 2023)
- Total assets: $89.234B (quarter ending June 30, 2023)
- Market cap: $441.63B (August 02, 2023)
Visa Inc. is an American multinational financial services corporation headquartered in San Francisco, California. It is a trusted network and a world leader in digital payments, working to remove barriers and connect more people to the global economy. Visa facilitates electronic funds transfers throughout the world, primarily through Visa-branded credit cards, debit cards, and prepaid cards.
The American Visa Inc. started its journey from being a simple credit card company and with time has expanded its business activities to become the biggest full-service payment system for consumers. Its diversified product portfolio includes processing traveller’s cheques, debit cards, credit cards, prepaid cards and electronic funds transfer.
All the transactions are processed via VisaNet at a secure data centre operated directly by the company. Visa is amongst the top three companies for card payment processing services in the world and commands a huge chunk of total market size.
Visa enables digital payments across more than 200 countries and territories, connecting consumers, merchants, financial institutions, businesses, strategic partners, and government entities through innovative technologies.
9. Johnson & Johnson
- Origin country: United States of America
- World rank: 14 (1st January 2023)
- CEO: Alex Gorsky
- Founded: January 1886
- Headquarters: One Johnson & Johnson Plaza, U.S.
- Employees: 135,000
- Annual Revenue: $25.530B (quarter ending June 30, 2023 )
- Market Cap: $453.43B (August 2, 2023)
- Net income : $5.144B (quarter ending June 30, 2023 )
- Annual operating income: $19.46 billion (year ending 31st March 2023)
- Total assets: $191.686B (quarter ending June 30, 2023 )
- Market value: $481.03 billion (1st January 2023)
Johnson & Johnson is an American multinational corporation that was founded in 1886. The company develops medical devices, pharmaceuticals, and consumer packaged goods.
Johnson & Johnson has a long history of over 135 years, and it is known for its tradition of quality and innovation. The company is headquartered in New Brunswick, New Jersey, with its consumer division located in Skillman, New Jersey. Johnson & Johnson is the largest and most diversified healthcare products company in the world. The corporation includes around 250 subsidiary companies and operates in 60 countries, with its products sold in over 175 countries.
Johnson & Johnson is one of the two U.S-based companies with a credit rating of AAA and is considered one of the most valuable companies in the world. The company stock is listed in the New York Stock Exchange and it is a component of DJIA, A&P 500 and S&P 100.
The American multinational company is associated with consumer healthcare, medical devices and the pharmaceutical industry. Its product portfolio includes baby products, health care, personal care, cosmetics and beauty products, medications and contact lenses etc.
10. Walmart Inc.
- Origin country: United States of America
- World rank: 10 (1st January 2023)
- CEO: Doug McMillon
- Founder: Sam Walton
- Founded: 2nd July 1962
- Headquarters: Bentonville, U.S
- Employees: 2.3 million
- Market value: $458.03 billion (1st January 2023)
- Revenue (TTM): $152.301B (quarter ending April 30, 2023)
- Net income (TTM): $1.673B (quarter ending April 30, 2023)
- Annual operating income: $25.33 billion (year ending 31st March 2023)
- Total assets: $245.053B (quarter ending April 30, 2023)
- Market cap: $430.61B (August 02, 2023 )
The American corporation Walmart is associated with the retail industry and operates grocery stores, department stores, hypermarket and retail warehouses. The company has spread its presence to 24 countries where it operates with help of 10,526 stores under 48 brand names.
Walmart is constantly innovating to improve their operations. For example, they recently opened a new 2.2 million square foot fulfillment center in McCordsville, Indiana, which is their largest fulfillment center to date.
As per the 2020 Fortune Global 500 list, Walmart is the largest company in the world based on revenue and also the largest private employer worldwide. The family-owned public company is listed on the New York Stock Exchange.
Some of the other top US companies in the world that must be mentioned are as follows
- Tesla
- United Health Group
- Bank of America
- Mastercard
- NVIDIA
- Home Depot
- Procter & Gamble
- Walt Disney Company
- The Coca-Cola Company
- Exxon Mobil
- Comcast
- Verizon
- Intel
- PayPal
- United Health
- Netflix
Conclusion
US companies have been a major contributing factor in reviving the world conditions post-pandemic. They have proved their resilience in the face of adversity and are now once again proving their mettle, worth and impact on the rest of the world.
