In 2024, the global business landscape was dominated by a mix of retail giants, energy conglomerates, and healthcare leaders. According to combined data from Fortune Global 500, Visual Capitalist, and public financial records, Walmart secured its position as the world’s highest-earning company, generating $648.1 billion in revenue. Amazon followed closely behind with $574.8 billion, driven by strong performance in e-commerce and cloud services.
Chinese state-owned enterprises such as State Grid, Sinopec, and China National Petroleum maintained a commanding presence, reflecting China’s continued dominance in the energy and infrastructure sectors. Saudi Aramco, the world's largest oil company, remained a key player with revenues nearing $495 billion.
In the technology sector, Apple stood out with $383.3 billion, affirming its status as the most profitable consumer electronics brand. The healthcare industry was represented by UnitedHealth Group and CVS Health, showcasing the increasing importance of health services in a post-pandemic world.
Overall, the United States led the chart with 7 out of the top 10 companies, highlighting its strong corporate ecosystem. Energy, retail, and health services emerged as the top-performing sectors in 2024, with technology maintaining its strategic importance in global markets.