On April 20, 2011, Forbes.com launched the “Forbes Global 2000 List : World’s Biggest Companies. It’s a comprehensive report on the best performance of the world’s largest companies with JPMorgan Chase heading as the world’s largest public company for the second consecutive year.
The Global 2000 list was conducted by screening Interactive Data, Thomson Reuters Fundamentals and Worldscope databases via FactSet Research Systems for companies that were publicly trading as of March 11, 2011. Using such databases as the primary sources of data, the ranking of the biggest companies were selected in four metrics : sales, profits, assets and market value. The market value calculation is as of March 11 closing prices, including all common shares outstanding.
All figures are consolidated and in U.S dollars. A 12-months’ financial data (sales, profits and assets) were used for all selected companies in the U.S., Canada and off-shore (such as Bermuda). While the latest-fiscal-year financial data were used for international companies. Read more : Global 2000 Methodology
Seated on top, JPMorgan Chase reported sales of $115.5B, profits of $17.4B, assets of $2,117.6B and market value of $182.2B. At the second place is HSBC Holdings of United Kingdom with $103.3B of sales, $13.3B of profits, 2,467.9B of assets and $186.5B of market value. And the second runner up is General Electric with $150.2B of sales, $11.6B of profits and 751.2B of assets.
While ExxonMobil of United States spotted at the 4th place, following by Royal Dutch Shell of Netherlands at the 5th place.
Two companies from China, PetroChina and ICBC are ranked at the 6th and 7th respectively.
At the 8th place is Berkshire Hathaway of United States. And Petrobras-Petroleo Brasil of Brazil ranked at the 9th position. Closing the top ten position is Citigroup of United States.
Read the complete list from Forbes.com : Forbes Global 2000 List
Picture of JPMorgan Chase & Co was taken from : Politico.com
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