With many companies nearing or surpassing the $1 trillion market capitalization milestone, we’ve put together a graphic that visualizes the five largest companies trading on the Nasdaq, New York Stock Exchange (NYSE), and international exchanges.These figures come from Companiesmarketcap.com and are as of March 12, 2024.
Biggest Companies on the Nasdaq
The Nasdaq is largely dominated by the tech industry, with all of its top five companies belonging to the Magnificent Seven group of U.S. tech stocks.
Altogether, these five companies have a combined market capitalization of nearly $12 trillion. To put this figure into context, the entire U.S. equity market is worth around $53 trillion.
Biggest Companies on the NYSE
The NYSE’s largest companies are more diversified, with a combination of tech, financial services, and healthcare names present. Among this list, Warren Buffett’s Berkshire Hathaway is the closest to becoming the next trillion dollar company.
Biggest Companies on International Exchanges
Saudi Aramco is the largest public company listed outside of the U.S., with a mammoth $2.1 trillion valuation.
It should be noted, however, that the Saudi government directly owns 90% of the company, while another 8% is held by the country’s sovereign wealth fund.This means that only 2% of shares are actually available to the public, prompting one Bloomberg columnist to call the firm’s valuation an “illusion”.More By This Author:Will Tesla Lose Its Spot In The Magnificent Seven?
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