ranks the world’s largest public companies with composite scores of market value, sales, profits and assets captured during the 12 months ended April 16. For the biggest companies in the United States, all those statistics have grown larger. America’s top 10 public companies recorded combined sales exceeding $2.2 trillion , profits of more than $316 billion , and assets greater than $13.2 trillion . Their combined market value also ballooned 87% over the past year to roughly $9.6 trillion.
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks virtually during a webcast event on a laptop computer in Tiskilwa, Illinois, U.S., on Wednesday, April 21, 2021. As the world economy wakes up from its pandemic slowdown, the discussion will feature the company's outlook on the post-Covid recovery, markets and financial policy. Photographer: Daniel Acker/BloombergJPMorgan Chase held onto its spot as America’s largest public company for the third consecutive year.
Billionaire Warren Buffett still helms the second largest company in America, though he just named a successor. Apple landed at No. 3 overall on the U.S. list, after weathering supply-chain issues as its Chinese factories briefly suspended operations in the early months of 2020. The Cupertino, Calif., tech titan traded spots with Bank of America, now ranked No. 4. Additionally, Apple was No. 1 globally in terms of both profit and market value .
Google parent Alphabet, Microsoft, Citigroup and Wells Fargo also landed in the top 10, with rankings that were similar to past editions of the Global 2,000 list. But two new companies managed to get into the top ten list. s many Americans chose to avoid in-person shopping during the pandemic, companies focused on ecommerce benefitted. With Jeff Bezos stepping down as CEO in February 2021, Amazon vaulted to No. 5 in the U.S. overall, up from No. 13 in 2020. The Seattle-based company was No.
“With all of the stimulus spending, potential infrastructure spending, continued quantitative easing, strong consumer and business balance sheets and euphoria around the potential end of the pandemic, we believe that the economy has the potential to have extremely robust, multi-year growth,” Dimon recently
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