JPMorgan Chase is the largest public company in the United States, according to the 17th annualGlobal 2000 list. The banking giant, which boasted $2.7 trillion in assets as of the 12 months ending on April 18, 2019, overtook Apple and Berkshire Hathaway to claim the top spot on the list. Bank of America, Apple, Wells Fargo and Exxon Mobil round out the top five.
The top 50 U.S. companies have a combined market capitalization of more than $12 trillion. Though the global list, which ranks public companies using a composite score of revenue, profits, assets and market value, is dominated by banks and financial services companies, just six of the top 50 companies in the United States are major banks.
Apple ranks third on the U.S. list in 2019, though it remains the most profitable public company in the world, pulling in nearly $60 billion last year. Apple is also the largest U.S. company by market capitalization, clocking in at about $927 billion at the end of the same period. The U.S.'s other tech giants, Microsoft and Alphabet, come in at numbers 8 and 9, respectively. Retail giants Amazon and Walmart aren't far behind at numbers 13 and 14.
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Source: Forbes - 🏆 394. / 53 Read more »