Here are 12 companies that generated the highest revenue in 2019. Some of these companies may not be extremely popular, but their revenues beat the most popular brands on the planet.
The top 500 companies in the world generated a whopping $33.3 trillion in revenues in 2019, according to Fortune Global 500 rankings. Some of these companies may not be extremely popular, but their revenues beat the most popular brands on the planet. Read on to find the top 12 companies based on their revenues for the 2019 financial year.
No 12 | Apple | The US-based tech giant which is valued at over $2 trillion turned over $260.2 billion in revenues in 2019.
No 11 | ExxonMobil | The oil giant's turnover last year was $264.9 billion, which was lower than the previous year. The energy company, nonetheless, occupies the 11th spot in the ranking.
No 10 | Toyota | The Japanese multinational automotive manufacturer sold just under 9 million units in the 2019 financial year, generating a whopping $275.3 billion in revenue.
No 9 | Amazon | The Jeff Bezos-owned online retailer has operations in over 100 countries and the company's stock price has soared, making the CEO the richest man in the world. The Seattle-headquartered firm turned over $280.5 billion in revenues last year.
No 8 | BP | With revenues totalling $282.6 billion (£211.4bn) in 2019, the London-headquartered company pumps out around 3.8 million barrels of oil a day.
No 7 | Volkswagen | Despite paying fine of over $34 billion in the emissions scandal, the German automaker has managed to rake in $282.8 billion in revenues in 2019.
No 6 | Saudi Aramco | The Saudi Arabian oil giant turned over $329.8 billion in the 2019 fiscal, but has taken a bad ht this year, with profits plummeting by 73 percent in the Q2 this year.
No 5 | Shell | With operations in over 70 countries, the British-Dutch oil and gas company is one of the largest firms in the world by revenue. It raked in $352.1 billion in revenues in 2019.
No 4 | China National Petroleum | Another petroleum company on the list is CNPC, the parent company of PetroChina, which is the country's second largest oil producer. Last year it turned over $379.1 billion in revenues.
No 3 | State Grid Corporation of China | The state-owned power company, over the last 20 years, has managed to grow immensely. It raked in revenues of $383.9 billion last year.
No 2 | Sinopec Group | Another Chinese company on the list is the country’s largest energy company Sinopec Group. The state-owned enterprise is engaged in exploration, development and refinery of crude oil and natural gas. It generated $407 billion in revenues in FY2019.
No 1 | Walmart | The world's largest company by revenue, Walmart generated $524 billion in 2019.
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