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Largest US companies by revenue

Revenue is the broadest measure of a company's size: what customers paid it in its latest fiscal year, before any costs. Amazon leads with $716.9bn in fiscal 2025. The top 100 of 4,184 companies with a figure on file.

#CompanySectorRevenueFiscal year
1 AmazonAMZN Consumer Discretionary $716.9bn 2025
2 WalmartWMT Consumer Staples $713.2bn 2026
3 Apple Inc.AAPL Technology $478.8bn 2026
4 UnitedHealth GroupUNH Health Care $447.6bn 2025
5 McKessonMCK Health Care $403.4bn 2026
6 Alphabet Inc. (Class A)GOOGL Communication Services $402.8bn 2025
7 CVS HealthCVS Health Care $402.1bn 2025
8 Berkshire HathawayBRK.B Financials $371.4bn 2025
9 Toyota Motor Corp/TM Consumer Discretionary $336.8bn 2026
10 ExxonMobilXOM Energy $332.2bn 2025
11 Microsoft CorporationMSFT Technology $331.8bn 2026
12 CencoraCOR Health Care $321.3bn 2025
13 CostcoCOST Consumer Staples $303.2bn 2026
14 CignaCI Health Care $274.9bn 2025
15 Shell plcSHEL Energy $266.9bn 2025
16 Cardinal HealthCAH Health Care $254.2bn 2026
17 BullishBLSH Technology $244.8bn 2025
18 NVIDIA CorporationNVDA Technology $215.9bn 2026
19 Meta PlatformsMETA Communication Services $201.0bn 2025
20 Elevance HealthELV Health Care $199.1bn 2025
21 Centene CorporationCNC Health Care $194.8bn 2025
22 Chevron CorporationCVX Energy $189.0bn 2025
23 Ford Motor CompanyF Consumer Discretionary $187.3bn 2025
24 General MotorsGM Consumer Discretionary $185.0bn 2025
25 JPMorgan ChaseJPM Financials $182.4bn 2025
26 Jd.com, Inc.JD Consumer Discretionary $182.2bn 2025
27 Stellantis N.V.STLA Consumer Discretionary $173.6bn 2025
28 The Home DepotHD Consumer Discretionary $164.7bn 2026
29 KrogerKR Consumer Staples $147.6bn 2026
30 Honda Motor Co LTDHMC Consumer Discretionary $144.8bn 2026
31 Alibaba Group Holding LtdBABA Consumer Discretionary $144.2bn 2026
32 VerizonVZ Communication Services $138.2bn 2025
33 Micron TechnologyMU Technology $133.2bn 2026
34 Marathon PetroleumMPC Energy $132.7bn 2025
35 Stonex Group Inc.SNEX Financials $132.4bn 2025
36 Phillips 66PSX Energy $132.4bn 2025
37 HumanaHUM Health Care $129.7bn 2025
38 AT&TT Communication Services $125.6bn 2025
39 ComcastCMCSA Communication Services $123.7bn 2025
40 Valero EnergyVLO Energy $122.7bn 2025
41 Taiwan Semiconductor Manufacturing Co LTDTSM Technology $122.4bn 2025
42 Dell TechnologiesDELL Technology $113.5bn 2026
43 Bank of AmericaBAC Financials $113.1bn 2025
44 Target CorporationTGT Consumer Staples $104.8bn 2026
45 Tesla, Inc.TSLA Consumer Discretionary $94.8bn 2025
46 FedExFDX Industrials $94.7bn 2026
47 The Walt Disney CompanyDIS Communication Services $94.4bn 2025
48 Johnson & JohnsonJNJ Health Care $94.2bn 2025
49 PepsiCoPEP Consumer Staples $93.9bn 2025
50 BoeingBA Industrials $89.5bn 2025
51 Petrobras - Petroleo Brasileiro SAPBR Energy $89.2bn 2025
52 United Parcel ServiceUPS Industrials $88.7bn 2025
53 RTX CorporationRTX Industrials $88.6bn 2025
54 T-Mobile USTMUS Communication Services $88.3bn 2025
55 Progressive CorporationPGR Financials $87.7bn 2025
56 Procter & GamblePG Consumer Staples $87.0bn 2026
57 Lowe'sLOW Consumer Discretionary $86.3bn 2026
58 CitigroupC Financials $85.2bn 2025
59 SyscoSYY Consumer Staples $84.6bn 2026
60 Wells FargoWFC Financials $83.7bn 2025
61 Albertsons Companies, Inc.ACI Consumer Staples $83.2bn 2026
62 Archer Daniels MidlandADM Consumer Staples $80.3bn 2025
63 MetLifeMET Financials $77.1bn 2025
64 HCA HealthcareHCA Health Care $75.6bn 2025
65 Lockheed MartinLMT Industrials $75.0bn 2025
66 AccentureACN Technology $74.2bn 2026
67 American ExpressAXP Financials $72.2bn 2025
68 Morgan StanleyMS Financials $70.6bn 2025
69 Bunge GlobalBG Consumer Staples $70.3bn 2025
70 Performance Food Group CoPFGC Consumer Staples $67.8bn 2026
71 AllstateALL Financials $67.7bn 2025
72 Caterpillar Inc.CAT Industrials $67.6bn 2025
73 IBMIBM Technology $67.5bn 2025
74 Oracle CorporationORCL Technology $67.4bn 2026
75 Lilly (Eli)LLY Health Care $65.2bn 2025
76 Merck & Co.MRK Health Care $65.0bn 2025
77 BroadcomAVGO Technology $63.9bn 2025
78 Delta Air LinesDAL Industrials $63.4bn 2025
79 CiscoCSCO Technology $63.3bn 2026
80 PfizerPFE Health Care $62.6bn 2025
81 TD Synnex CorpSNX Technology $62.5bn 2025
82 ArcelormittalMT Materials $61.4bn 2025
83 AbbVieABBV Health Care $61.2bn 2025
84 Prudential FinancialPRU Financials $60.8bn 2025
85 Galaxy Digital Inc.GLXY Financials $60.4bn 2025
86 TJX CompaniesTJX Consumer Discretionary $60.4bn 2026
87 PDD Holdings Inc.PDD Consumer Discretionary $60.1bn 2025
88 Chubb LimitedCB Financials $59.4bn 2025
89 Anheuser-busch Inbev SABUD Consumer Staples $59.3bn 2025
90 United Airlines HoldingsUAL Industrials $59.1bn 2025
91 ConocoPhillipsCOP Energy $58.9bn 2025
92 BHP Group LtdBHP Materials $58.8bn 2026
93 Astrazeneca PLCAZN Health Care $58.7bn 2025
94 Goldman SachsGS Financials $58.3bn 2025
95 Unilever PLCUL Consumer Staples $57.1bn 2025
96 HP Inc.HPQ Technology $55.3bn 2025
97 Charter CommunicationsCHTR Communication Services $54.8bn 2025
98 American Airlines Group Inc.AAL Industrials $54.6bn 2025
99 Tyson FoodsTSN Consumer Staples $54.4bn 2025
100 Capital OneCOF Financials $53.4bn 2025

Would buying this list have paid?

Buying the top 100 companies by revenue, as the list stood each quarter since March 31, 2010, would have returned +15.0% a year against +14.0% for the S&P 500. It beat the index, but not by enough, consistently enough, to rule out luck.

$0$50.0k$100k 201020122014201620182020202220242026 $99.8k$87.2k
Top 100 by revenueS&P 500, buy and hold $10,000 invested in March 31, 2010, before costs. Strategy: equal amounts in the list's top 100, rebuilt every quarter from figures for quarters that ended at least 90 days earlier.
Return a yearTypical yearly swingSharpe ratioBiggest dropMoves with market (beta)
Top 100 by revenue+15.0%15.3%0.91-25.7%0.93
S&P 500, buy and hold+14.0%15.1%0.87-23.9%1.00
  • Ahead of the S&P 500 in 50.0% of 66 quarters.
  • Extra return after allowing for market risk (alpha): +1.8% a year No reliable evidence t = 1.06
  • Against the S&P 500: +1.4% a year in 2010–2017, +0.5% in 2018–2026.

A backtest describes the past under fixed rules; it is not a forecast. Today's companies only (firms that failed or were taken over are missing, which flatters the result), and fewer companies qualify in the early years; figures as later filed, including restatements; no trading costs; trailing twelve months stand in for the latest fiscal year. Sharpe ratio is return above the Treasury bill rate per unit of swing. All our backtests.

More rankings

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.