10 Biggest Companies in the World by 2023 Revenue

In this article, we are going to look at the 10 biggest companies in the world by 2023 revenue. If you want to read more about the biggest companies in the world in terms of revenue and what some of the leading companies in various industries are up to, you can go to the 30 Biggest Companies in the World by 2023 Revenue.

10. UnitedHealth Group Inc. (NYSE:UNH)

Revenue: $348.52 Billion

UnitedHealth Group Inc. (NYSE:UNH) is an American incorporation and a health care and well-being company. As one of the biggest companies in the world in terms of revenue, it aims to work towards building a modern, high-performing health system, and help people live healthier lives. So far in 2023, UnitedHealth Group Inc. (NYSE:UNH) has a trailing twelve months revenue of $348.52 billion.

9. Shell plc (NYSE:SHEL)

Revenue: $358.59 Billion

Based in England, Shell plc (NYSE:SHEL) is a public limited multinational oil and gas company. It is known for its expertise in the exploration, production, refining and marketing of oil and natural gas. Shell plc (NYSE:SHEL) is making an effort to use advanced technologies and take an innovative approach to provide energy sources through environmental and economically friendly ways. Its trailing twelve months revenue stands at $358.59 billion so far in 2023.

8. Exxon Mobil Corporation (NYSE:XOM)

Revenue: $364.12 Billion
Exxon Mobil Corporation (NYSE:XOM) ranks among the world’s largest oil and gas companies.
It has investments and operations in coal, nuclear fuels, mineral ores, chemicals, petroleum and natural gas. So far in 2023, Exxon Mobil Corporation (NYSE:XOM) has a trailing twelve months revenue of $364.12 billion.

7. Apple Inc. (NASDAQ:AAPL)

Revenue: $383.93 Billion 

Apple Inc. (NASDAQ:AAPL) is undoubtedly the world’s largest technology company in terms of revenue as well as profit. In 2023 so far, it has a trailing twelve months revenue of $383.93 billion. Apple Inc. (NASDAQ:AAPL) offers a variety of famous products such as the iPhone, iPad, Apple Watch, and Macbooks etc.

6. Sinopec Group

Revenue: $471.154 Billion

Headquartered in Beijing, China, Sinopec Group is famously known as one of the world’s largest oil refining, gas and petrochemical conglomerates. In addition to exploration of crude oil and natural gas, the Chinese state-owned enterprise is involved in the production of various petroleum products, including gasoline, diesel, jet fuel, kerosene, ethylene, chemical fertilizers, and synthetic fibers. As one of the biggest companies in the world by revenue, Sinopec Group generated a revenue of $471.154 billion in 2022.

5. China National Petroleum

Revenue: $483.02 Billion

China National Petroleum corporation is another Chinese state owned oil and gas supply company. It generated a revenue of $483.02 billion in 2022. China National Petroleum is one of the largest integrated energy companies in the world and it has businesses covering oil and gas operations, oilfield services, equipment manufacturing, petroleum engineering and construction, and new energy development.

4. State Grid

Revenue: $530.01 Billion

State Grid, or the State Grid Corporation of China (SGCC), is a Chinese state-owned electric utility corporation. As one of the largest utility companies in the world, State Grid recorded a revenue of $530.01 billion in 2022.

3. Amazon.com Inc. (NASDAQ:AMZN)

Revenue: $538.05 Billion

American based multinational technology company, Amazon.com Inc. (NASDAQ:AMZN) focuses on e-commerce, online marketing, digital streaming, cloud computing and artificial intelligence. As one of the big four tech giants, Amazon.com Inc. (NASDAQ:AMZN) has a trailing twelve months revenue of $538.05 billion so far in 2023.

2. Saudi Aramco (TADAWUL:2222)

Revenue: $551.95 Billion

Saudi Aramco (TADAWUL:2222) is a Saudi public petroleum and natural gas company and one of the most profitable corporations in the world. The company is directly owned and controlled by the government and is the second largest company in the world in terms of revenue. Saudi Aramco (TADAWUL:2222) has a trailing twelve months revenue of $551.95 billion.

1. Walmart Inc. (NYSE:WMT)

Revenue: $630.79 Billion

Based in Arkansas, US, Walmart Inc. (NYSE:WMT) is a multinational corporation with a chain of hypermarkets and discount department stores across the US. It also operates clubs in 19 countries. As the biggest company in the world by 2023 revenue, Walmart Inc. (NYSE:WMT) has a trailing twelve month revenue of $630.79 billion so far in 2023.

You can also take a look at 15 Most Profitable Tech Stocks in 2023 and 17 Highest Paying Countries for Lawyers.