The following is a list of publicly traded companies, that have the largest market capitalization or "market value". Most or all of these companies would be categorized as megacap stocks.
Market capitalization is calculated by multiplying the share price on a selected day and the number of outstanding shares on that day. The list is expressed in USD millions, using exchange rates from the selected day to convert other currencies.
Trillion-dollar companies The table below lists all companies that have ever had a market capitalization of $1 trillion or more, their peak value, and the date on which their market cap first exceeded each milestone. Company CountryPeak value Peak value dateWhen first passedNominalInflation-adjusted$1 trillion$2 trillion$3 trillion$4 trillion$5 trillionNvidiaAppleAlphabet————Saudi Aramco———TSMC———Meta———SpaceX2,4402,440———Broadcom———Tesla————Berkshire Hathaway————Eli Lilly————Walmart1,075———— Samsung————————Micron Technology1,3691,369————SK Hynix————AMD1,0051,00521 Sep 202621 Sep 2026————
Publicly traded companies Only companies with free float of at least 15% are included, and investment companies are excluded from these lists. For lists based on Financial Times data, the value of unlisted stock classes is excluded.
Note: All market capitalization figures are in USD millions.
2026 This list is up to date . Indicated changes in market value are relative to the previous quarter. +RankFirst quarterSecond quarter1Nvidia4,238,000Nvidia4,846,0002Apple3,730,000Alphabet4,311,0003Alphabet3,470,000Apple4,249,0004Microsoft2,751,000Microsoft2,770,0005Amazon2,235,000Amazon2,563,0006TSMC1,752,000TSMC2,475,0007Broadcom1,467,000Broadcom1,797,0008Meta1,447,000Tesla1,579,0009Tesla1,394,000Meta1,429,00010Berkshire Hathaway1,033,000Samsung1,416,000
2025 This list is up to date . Indicated changes in market value are relative to the previous quarter. +RankFirst quarterSecond quarterThird quarterFourth quarter1Apple3,337,000Nvidia3,850,000Nvidia4,542,000Nvidia4,638,0002Microsoft2,791,000Microsoft3,700,000Microsoft3,850,000Apple4,057,0003Nvidia2,644,000Apple3,060,000Apple3,794,000Alphabet3,802,0004Amazon2,016,000Amazon2,330,000Alphabet2,975,000Microsoft3,625,0005Alphabet1,895,000Alphabet2,150,000Amazon2,341,000Amazon2,485,0006Meta1,460,000Meta1,860,000Meta1,845,000Meta1,671,0007Berkshire Hathaway1,140,000Broadcom1,300,000Broadcom1,589,000Broadcom1,669,0008Tesla833,529TSMC1,170,000Tesla1,478,000Tesla1,580,0009Broadcom787,247Berkshire Hathaway1,050,000TSMC1,448,000TSMC1,570,00010Eli Lilly 782,950Tesla1,020,000Berkshire Hathaway1,086,000Berkshire Hathaway1,074,000
2024 Source:
This list is up to date . Indicated changes in market value are relative to the previous quarter. +RankFirst quarterSecond quarterThird quarterFourth quarter1Microsoft3,126,000Apple3,322,000Microsoft3,543,000Apple3,785,0002Apple2,648,000Microsoft3,230,000Apple3,198,000Nvidia3,289,0003Nvidia2,259,000Nvidia3,182,000Nvidia2,979,000Microsoft3,134,0004Alphabet1,893,000Alphabet2,267,000Alphabet2,058,000Alphabet2,331,0005Amazon1,874,000Amazon2,011,000Amazon1,956,000Amazon2,307,0006Meta1,238,000Meta1,279,000Meta1,448,000Meta1,478,0007Berkshire Hathaway912,130TSMC901,390Berkshire Hathaway993,020Tesla1,296,0008Eli Lilly 739,660Berkshire Hathaway879,670TSMC900,670Broadcom 1,087,000 9TSMC705,690Eli Lilly 815,210Tesla835,810TSMC1,024,00010Broadcom 614,220 Broadcom 747,360 Broadcom 805,670 Berkshire Hathaway978,890
2023 This list is up to date as of 31 December 2023. Indicated changes in market value are relative to the previous quarter. +RankFirst quarterSecond quarterThird quarterFourth quarter1Apple2,609,000Apple3,050,000Apple2,677,000Apple2,994,0002Microsoft2,146,000Microsoft2,532,000Microsoft2,346,000Microsoft2,795,0003Alphabet1,332,000Alphabet1,530,000Alphabet1,662,000Alphabet1,764,0004Amazon1,058,000Amazon1,337,000Amazon1,312,000Amazon1,570,0005Nvidia686,090Nvidia1,044,000Nvidia1,074,000Nvidia1,223,0006Berkshire Hathaway677,770Tesla829,670Tesla794,200Meta909,0007Tesla656,420Berkshire Hathaway745,010Meta772,490Tesla789,9308Meta549,480Meta735,450Berkshire Hathaway769,260Berkshire Hathaway783,5509TSMC482,410TSMC523,410Eli Lilly 509,890 Eli Lilly 553,37010Visa 473,870 Visa 497,370Visa 480,990TSMC 539,390
2022 This list is as of 31 December 2022. Indicated changes in market value are relative to the previous quarter. +RankFirst quarter Second quarterThird quarterFourth quarter1Apple2,850,000Apple2,212,000Apple2,221,000Apple 2,066,0002Microsoft2,311,000Microsoft1,920,000Microsoft1,737,000Microsoft 1,787,0003Alphabet1,846,000Alphabet1,435,000Alphabet1,254,000Alphabet 1,145,0004Amazon1,659,000Amazon1,080,000Amazon1,151,000Amazon 856,9405Tesla1,114,000Tesla697,660Tesla831,150Berkshire Hathaway 681,7706Berkshire Hathaway779,150Berkshire Hathaway602,450Berkshire Hathaway596,410UnitedHealth 495,3707Nvidia684,880UnitedHealth481,870UnitedHealth472,410Johnson & Johnson 461,8408Meta605,250Johnson & Johnson467,090Johnson & Johnson429,500ExxonMobil 454,2409TSMC540,670Tencent445,990Visa 374,380 Visa 439,95010UnitedHealth479,830 |Meta436,390 Meta364,650 Tencent 405,090
2021 This list is up to date . Indicated changes in market value are relative to the previous quarter.
Rank First quarter Second quarter Third quarter Fourth quarter 1 Apple 2,050,000 Apple 2,286,000 Apple 2,339,000 Apple 2,913,000 2 Microsoft 1,778,000 Microsoft 2,040,000 Microsoft 2,119,000 Microsoft 2,525,000 3 Amazon 1,558,000 Amazon 1,735,000 Alphabet 1,777,000 Alphabet 1,922,000 4 Alphabet 1,395,000 Alphabet 1,680,000 Amazon 1,664,000 Amazon 1,691,000 5 Meta 838,720 Meta 985,920 Meta 956,890 Tesla 1,061,000 6 Tencent 766,970 Tencent 721,460 Tesla 776,850 Meta 935,640 7 Tesla 641,110 Tesla 654,780 Berkshire Hathaway 619,950 Nvidia 732,920 8 Alibaba Group 615,010 Berkshire Hathaway 637,280 TSMC 579,030 Berkshire Hathaway 668,630 9 TSMC 613,410 TSMC 623,160 Tencent 574,460 TSMC 623,930 10 Berkshire Hathaway 590,050 Alibaba Group 615,140 Nvidia 517,900 Tencent 559,900
2020 This Financial Times–based list is up to data . Indicated changes in market value are relative to the previous quarter. Rank First quarter Second quarter Third quarter Fourth quarter 1 Microsoft 1,200,000 Apple 1,576,000 Apple 1,981,000 Apple 2,254,000 2 Apple 1,113,000Microsoft 1,551,000 Microsoft 1,592,000 Microsoft 1,682,000 3 Amazon 970,590Amazon 1,432,590 Amazon 1,577,000 Amazon 1,634,000 4 Alphabet 799,180Alphabet 979,700 Alphabet 999,570 Alphabet 1,185,000 5 Alibaba Group 521,740Facebook 675,690 Alibaba Group 795,400 Facebook 776,590 6 Facebook 475,460Tencent 620,920 Facebook 746,100 Tencent 683,470 7 Tencent 471,660Alibaba Group 579,740 Tencent 646,790 Tesla 668,080 8 Berkshire Hathaway 440,830Berkshire Hathaway 432,570 Berkshire Hathaway 509,470 Alibaba Group 628,650 9 Visa 357,020Visa 412,710 Visa 425,510 TSMC 565,280 10 Johnson & Johnson 345,700Johnson & Johnson 370,590 TSMC 420,440 Berkshire Hathaway 544,780
2019 This Financial Times–based list is up to date . Indicated changes in market value are relative to the previous quarter.
Rank First quarter Second quarter Third quarter Fourth quarter 1 Microsoft 904,860 Microsoft 1,028,000 Microsoft 1,062,000 Apple 1,305,000 2 Apple 835,670 Amazon 928,540 Apple 1,012,000 Microsoft 1,203,000 3 Amazon 874,710 Apple 911,240 Amazon 858,680 Alphabet 922,130 4 Alphabet 818,160 Alphabet 751,170 Alphabet 838,020 Amazon 916,150 5 Berkshire Hathaway 493,750 Facebook 551,490 Berkshire Hathaway 508,530 Facebook 585,320 6 Facebook 475,730 Berkshire Hathaway 521,100 Facebook 508,050 Alibaba Group 569,010 7 Alibaba Group 472,940 Alibaba Group 439,150 Alibaba Group 435,400 Berkshire Hathaway 553,530 8 Tencent 440,980 Tencent 432,080 Tencent 398,840 Tencent 461,370 9 Johnson & Johnson 372,230 Visa 379,271 Visa 385,370 JPMorgan Chase 437,230 10 Visa 353,710 Johnson & Johnson 370,300 JPMorgan Chase 376,310 Visa 416,790
2018 This Financial Times–based list is up to date . Indicated changes in market value are relative to the previous quarter. Rank First quarter Second quarter Third quarter Fourth quarter 1 Apple 851,317 Apple 909,840 Apple 1,091,000 Microsoft 780,520 2 Alphabet 715,404 Amazon 824,790 Amazon 976,650 Apple 748,680 3 Microsoft 702,760 Alphabet 774,840 Microsoft 877,400 Amazon 735,900 4 Amazon 700,672 Microsoft 757,640 Alphabet 839,740Alphabet 728,360 5 Tencent 507,990 Facebook 562,480 Berkshire Hathaway 523,520 Berkshire Hathaway 499,590 6 Berkshire Hathaway 492,019 Tencent 478,580 Facebook 473,850 Facebook 375,890 7 Alibaba Group 470,930 Alibaba Group 476,040 Alibaba Group 423,600 Tencent 375,110 8 Facebook 464,189 Berkshire Hathaway 463,980 Tencent 388,080Alibaba Group 355,130 9 JPMorgan Chase 377,410 JPMorgan Chase 354,780 JPMorgan Chase 379,440 Johnson & Johnson 346,110 10 Johnson & Johnson 343,780 ExxonMobil 350,270 Johnson & Johnson 370,650 JPMorgan Chase 324,660
2017 This Financial Times–based list is up to date . Indicated changes in market value are relative to the previous quarter.
Rank First quarter Second quarter Third quarter Fourth quarter 1 Apple 753,718 Apple 749,124 Apple 791,726 Apple 868,880 2 Alphabet 573,570 Alphabet 628,610 Alphabet 664,550 Alphabet 727,040 3 Microsoft 508,935 Microsoft 528,778 Microsoft 568,965 Microsoft 659,910 4 Amazon 423,031 Amazon 466,471 Amazon 459,435 Amazon 563,540 5 Berkshire Hathaway 410,880 Berkshire Hathaway 418,880 Berkshire Hathaway 451,840 Facebook 512,760 6 ExxonMobil 339,897 Johnson & Johnson 357,310 Alibaba Group 436,850 Tencent 493,340 7 Johnson & Johnson 337,947 Facebook 357,176 Tencent 405,007 Berkshire Hathaway 489,490 8 Facebook 334,552 Alibaba Group 356,390 Facebook 399,946 Alibaba Group 440,712 9 JPMorgan Chase 313,761 Tencent 344,879 ExxonMobil 348,248 Johnson & Johnson 375,360 10 Wells Fargo 278,516 ExxonMobil 341,947 Johnson & Johnson 347,497 JPMorgan Chase 371,050
2016 This Financial Times–based list is up to date . Indicated changes in market value are relative to the previous quarter. Rank First quarter Second quarter Third quarter Fourth quarter 1 Apple 607,465 Apple 517,069 Apple 604,475Apple 617,588.49 2 Alphabet 535,660 Alphabet 475,320 Alphabet 535,660 Alphabet 531,970 3 Microsoft 439,734 Microsoft 397,268 Microsoft 447,290 Microsoft 483,160.28 4 ExxonMobil 350,991 ExxonMobil 383,396 Amazon 393,030 Berkshire Hathaway 404,390 5 Berkshire Hathaway 349,740 Berkshire Hathaway 345,860 ExxonMobil 358,519 ExxonMobil 374,280 6 Johnson & Johnson 300,604 Amazon 337,641 Berkshire Hathaway 358,300 Amazon 356,313.12 7 General Electric 295,546 Johnson & Johnson 328,234 Johnson & Johnson 320,836 Johnson & Johnson 313,432.46 8 Amazon 281,888 General Electric 280,927 Facebook 297,548 JPMorgan Chase 308,768.42 9 Facebook 259,192 Facebook 263,930 Tencent 265,603 General Electric 279,545.92 10 Wells Fargo 246,035 AT&T 261,035 General Electric 261,876 Wells Fargo 276,779.12
2015 This Financial Times–based list is up to date . Indicated changes in market value are relative to the previous quarter.