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Biggest companies in the world by market value 2022
- DoreenMichele 4y agoIt's got an annoying interface where it shows the first however many and you can click "show more"...over and over and over as it only adds a few more each time. I'm hoping someone will post a breakdown of how many by country at some point.
- fallingknife 4y agoUSA - 8 Saudi Arabia - 1 Taiwan - 1
- DoreenMichele 4y agoThank you. But I meant out of all 100.
- fallingknife 4y agoOops missed the see more data button
- neom 4y agoUnited States - 63 China - 6 France - 5 UK - 4 Saudi - 3 Switzerland - 3 India - 2 Ireland - 2 Australia - 2 Canada - 2 Taiwan - 1 South Korea - 1 Netherlands - 1 Denmark - 1 Japan - 1
- bobolino123 4y agoSwitzerland has 9 million people but 3 top 100 companies.
- jahnu 4y agoIreland has 5 million people but 2 top 100 companies. How many does the EU have in total? I'm not sure if we can infer much from any of this, however.
- trustingtrust 4y agoIt’s incredible how the US has lead the world in so many areas. What are some of the factors that other countries lack from a political standpoint where the US excels ?
- eunos 4y agoGDP and capital accumulation. For some reason China doesnt really prioritize their stock exchange.
- credit_guy 4y agoWell, maybe one reason is that the FTC doesn't do its job, and allows mergers that shouldn't be allowed.
- 082349872349872 4y agohttps://www.navy.mil https://www.navy.mil — those who rule the waves may also waive the rules. (also: not bombing yourself to rubble twice during the XX helped more than one country on this list)
- capableweb 4y ago- Excessive politcal lobbying and influence by private companies leads to unprecedented profits by said companies - Zero checks and balances against monopolies allows them to grow even larger without any stops in check - Both previous factors makes GDP skyrocket, while inequality grows bigger too Due to lack of political will / influence by pro-gun organizations, US proudly leads the world in the number of mass shootings too, so it's not just the best when it comes to MORE MONEY, but also more bullets :)
- DoreenMichele 4y agoD. Lack of a proper safety net means most Americans are desperate for money no matter how much they have. This helps fuel all of the aforementioned trends.
- tigerlily 4y agoPrivate property rights and an independent judiciary. Recourse, essentially.
- JoachimS 4y agoHow well can we trust the valuations behind the rankings? I'm a wee bit skeptical on the valuations of companies from China and to some extent Saudi.
- jackmott42 4y agoThe list has some USA companies whose valuations are inflated by "meme stock" behavior too.
- kube-system 4y agoMarket cap is just share price multiplied by number of shares outstanding. It’s not really a subjective figure.
- deleted 4y ago[deleted]
- pavlov 4y agoInteresting how no German companies made the list despite Germany’s massive economy. Two reasons come to mind: 1) Car companies (other than Tesla) are in a valuation slump. 2) Germans value the “Mittelstand” [1] of stable mid-size enterprises. These companies may even be global market leaders in some specific niche, but they don’t seek to grow to unfamiliar market areas or to merge with other similar companies. [1] https://en.wikipedia.org/wiki/Mittelstand https://en.wikipedia.org/wiki/Mittelstand
- ChuckNorris89 4y agoI don't think "value the Mittlestand" is the right phase to describe why these companies stay small, I think it's more like unable to grow past a certain size due to various factors such as conservative mindset shunning everything non-German and a false focus on the domestic market instead of the global market which in the last few decades changed faster than German companies were willing to adapt. That's like me saying I "value a lower wage" when in fact I'm unable to get a higher wage because I've stagnated in my career doing the same thing for 20 years. As they have missed the boat on the global high-growth tech market of the last couple of decades, they're stuck in the stagnation of low-growth markets and certain niches where they fly under the radar and enjoy no competition in their field as the US and China are too busy chasing the high-growth markets of the future, to bother competing there. It's a safe place to be in the market but there's also almost no growth there so hiring is slow and so is wage growth. I've worked and interviewed a lot for Mittlestand companies and can say I'm not looking forward to ever stepping foot in one again, until I'm close to retirement maybe.
- RicoElectrico 4y ago> I've worked and interviewed a lot for Mittlestand companies and can say I'm not looking forward to ever stepping foot in one again, until I'm close to retirement maybe. Sounds interesting, could you elaborate?
- ChuckNorris89 4y agoVarious stories but here's a compilation of some accumulated experiences in short: - poor pay. here everyone parrots how Germany values engineers, but as an EE I was making less than a kid making mobile apps in a pure SW company. The finance controlling ladies were paid better than the engineers were. Basically in traditional German companies whoever is closer to the money gets the better pay, finance, sales, marketing, managers, etc. Those who actually have to do the engineering work are the lowest on the food chain as they're the furthest from the "money boys". The engineer-first culture in Germany died in the late '80s to early '90, then the bean-counters took over. - archaic mentality, working conditions and micromanagement. Our boomer boss didn't want to use Jira so he had me send him emails every Monday describing the status of each task. Boss saw me a few times reading HN and said "go back to work, we're paying you to work, not to browse the internet" even though I was always in time with my deliverables. Also, company policy was everyone had to punch in and out exact times you come and go in the office, including lunch breaks, to make sure everyone was working their full working hours stated in the contract to the minute. - huge focus on credentials, titles and certifications - WFH is the devil. because the boss, who sometimes is a shareholder in the company, can't "see you work" and automatically assumes you're slacking off instead of working while you're at home, and can't come to tap you on the shoulder whenever he needs something because he wants to have the answer immediately and not have to type it in Slack and wait 5 minutes for a response. Also he disliked calls, and always wanted to have the meetings in person in the meeting room for the most basic things that could have been cleared up in a Slack message. Pandemic dragged them remote kicking and screaming. Proffered to have us come to the office with masks rather than WFH. Before the pandemic one colleague broke his leg skiing and so he couldn't drive to the office anymore, and the company preferred to pay a taxi to drive him to the office everyday rather than let him WFH. - extreme avarice on pointless things. I was printing plane and train tickets for my vacation on the office printer and the boss said to "stop using company resources for your own interest". Company was still issuing the same 100 Euro 1080p monitors and cheapo laptops with 8 gigs of RAM to engineers that they issued to reception lady in 2020 because "everyone gets the same period". I was laughed out for asking for a 200 Euro 4k monitor and a better laptop with 16Gigs of RAM because "why do you need it? everyone does their job fine with the older machines?". While the boss was buying himself the latest MacBook Pro, Apple Display, iPad Pro on the day they were launched. - stupid rules for the sake of rules with massive double standards. The boss heard about companies getting hacked so se had the IT admin crank up the security nags to paranoid levels having us getting signed out of our Microsoft accounts every hour or so and phones being locked down. Then he got annoyed by those extreme settings and told the IT admin, "yeah, could you please remove the security barriers, but just for me, I know what I'm doing, I don't need them". - nepotism. In Mittlestand companies, the workforce mainly consists of friends, former university colleagues or former acquaintances of the boss and managers working there, so such cliques are formed, around which the important information travels by word of mouth with everyone else on a need to know basis in written form. If you come from outside those cliques, especially as a non german speaking foreigner, you're looked at with suspicion and kept in the dark on many things which limit your growth in the company. Also, as these companies tend to be in more rural areas, people there tend also to be more rural-minded and conservative, with you being from the same village as the bosses, being important in your status in the company and you getting a warm welcome and not being treated with suspicion. And with the cliques come the gossips. I had some periods when I kept getting sick quite frequently so I had to be on sick leave a lot, and everyone at the company was gossiping behind my back that I'm taking sick leave to avoid coming to work. - did I say poor pay?
- hackly 4y agoIs there a low cost ETF that invest in those regions according to their market cap (so roughly 60% US, and the rest international?)
- xorfish 4y agoVT
- camgunz 4y agoCame here to say this; this is less a list of biggest companies in the world by market cap and more two comments: - It's pretty easy to be a monopoly in the US - The US pumps a lot of money into its stock market Like, when you have an ad company (Meta) that's more valuable than an essentially national company that makes everything from earbuds to "ultra-large ships" (Samsung) [0], you know something's off. [0]: https://en.wikipedia.org/wiki/Samsung_Heavy_Industries https://en.wikipedia.org/wiki/Samsung_Heavy_Industries
- phkahler 4y ago>> The US pumps a lot of money into its stock market Yes, blindly dump money in every month to a 401k, which is usually in a fund so it gets spread around. It can't end well, but I have no idea when it will end.
- capableweb 4y agoAt least it's "excitement guaranteed" for most of us outside the US.
- epolanski 4y agoIn other words companies listed on us stock market easily win.
- chmod775 4y agoI hate how "market capitalization" is used. Intuitively it means how much of the market is served by the particular company, when in reality people use it to refer to the value of the company on markets where we trade shares of companies. As illustrated by this chart, those two numbers have at best a tenuous correlation: For example Tesla, a comparatively small car manufacturer, can be found on this chart, while their much larger competitors can't. "Market value" (like in the HN title vs. on the site) is a much better word.
- kube-system 4y agoAre you thinking “market share”? “Capitalization”s base word is “capital”.
- chmod775 4y agoCapitalization comes from the verb capitalize, which itself comes from the word capital. To capitalize means to convert something into capital. So at face value "market capitalization" means "degree to which a market was converted into capital", which is clearly not how the word is used. If you want a similar word: crystal -> crystallize -> crystallization capital -> capitalize -> capitalization Both describe a conversion, except that "market capitalization" is not about a process at all.
- kube-system 4y ago> So at face value "market capitalization" means "degree to which a market was converted into capital", which is clearly not how the word is used. “Market” in “a company’s market capitalization” is an attributive noun: a noun acting as an adjective. It is not the subject of a verb.
- tomputer 4y agoI stumbled upon this site a while ago which also includes ranking filters: https://companiesmarketcap.com/ https://companiesmarketcap.com/
- ramesh31 4y agoAs if anyone needed more evidence of R>G, it took Apple over thirty years to break 1 trillion, and took 9 months to break 2 trillion.
- capableweb 4y agoAlso worth remembering that Apple was once driven by a person who valued quality over anything else, and is now driven by a numbers guy who values growth and values shareholders much higher than previous guy, which probably influenced this as well
- deleted 4y ago[deleted]
- nologic01 4y agoThere is a very clear break of the distribution at around the $500bln level. This suggests that there might be a different generative process behind the valuations of the top 7 companies in the list. A log plot of a much wider range might be more informative as to what is going on.
- lopatin 4y agoI’m surprised Visa isn’t #1. Intuitively they seem to have it the easiest: take a cut of almost every purchase in the US.
- machiaweliczny 4y agoConsumer purchase. Big money isn't moved via Credit Cards.
- deleted 4y ago[deleted]
- alberth 4y agoI don't have a problem with a party making it easier to accept payments. But AWS' egress fees seem nuts.
- rexreed 4y agoThis is a ranking by Market cap. Not revenues. This ranking is basically what the stock market and investors feel like these companies are worth as measured by the current stock price and total number of shares held. Not really a great way to rank, but it's a way.
- sparsely 4y agoNote that "market value"/market cap is a quite restrictive view of a companies size - it's a measure of the value of issued shares, not how big a company is! Some things that might intuitively contribute to a companies bigness but won't be reflected in market cap: * Debt vs equity funding - a company that issues debt to raise money will have a smaller market cap than a company issuing an equivalent amount of equity. Enterprise value is a different measure which does include this (and would rank e.g. Toyota higher) * Taxation differences * Obviously publicly owned companies won't appear here at all, e.g. famously many oil & gas companies are government owned etc
- alberth 4y agoWhat's most amazing to me is that everyone talks about how profitable Apple is, but it's really Saudi Aramco that rains the money with being 2x more profitable than Apple. Apple P/E is: 28x Saudi Aramco P/E is: 12x
- ChuckNorris89 4y agoWho knew fossil fuels could be so profitable?
- epolanski 4y agoWalmart is also much bigger in revenue and profits than most of the list.
- alberth 4y agoNot exactly. Apple has 8x more profit than Walmart. Walmart Apple Revenues ($Bs) $572 $316 Profit ($Bs) $14 $100 https://s2.q4cdn.com/470004039/files/doc_financials/2022/q4/_10-K-2022-(As-Filed).pdf https://s2.q4cdn.com/470004039/files/doc_financials/2022/q4/... https://s201.q4cdn.com/262069030/files/doc_downloads/LatestReports/WMT-FY2022-Annual-Report.pdf https://s201.q4cdn.com/262069030/files/doc_downloads/LatestR...
- einpoklum 4y agoFor those non-USers among us, "UnitedHealth Group Incorporated is a for-profit American multinational managed healthcare and insurance company based in Minnetonka, Minnesota. It offers healthcare products and insurance services" (Source: Wikipedia)