With 600 billion U.S. dollars in revenue, Walmart topped the ranking of the hundred largest companies globally, followed by the Saudi Arabian oil company Aramco. Walmart was also the largest company in the world based on its number of employees, with some 2.3 million all over the world.
Largest corporations based on revenue - additional information
The concept of revenue itself might slightly differ depending on country or even from one company to another. It usually refers to the income resulted from normal business activities, such as the sale of goods and services to customers.
Walmart
The American-based multinational corporation Walmart was founded in 1962 and currently operates over 10,600 stores worldwide, out of which 4,742 are in the United States alone. The company’s net profit amounted to just under 15 billion U.S. dollars in 2020. In 2022, Walmart was ranked the fourth most valuable retail brand in the world, with a brand value of about 61 billion U.S. dollars.
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