Friday, June 9, 2023

5 companies with highest turnover in the world and how to invest in them

With a revenue of US$600 billion, Walmart topped the ranking of the world’s 100 largest companies in 2022, followed by Saudi Arabian oil company Aramco. Walmart was also the world’s largest company by number of employees, with approximately 2.3 million worldwide.

The American multinational corporation Walmart was founded in 1962 and currently operates more than 10,600 stores worldwide, of which 4,742 are in the United States alone. The company’s net profit in 2020 was less than US$15 billion.

5 companies with highest turnover in the world and how to invest in them

If we take into account the pre-tax, ie gross, income in 2022, and according to Statista data, Saudi Arabian oil company Saudi Aramco will have the highest revenue of any company in the world with earnings of over US$300,000 million. Posted.

Apple, Microsoft, Alphabet and Equinor round out the top five spots in the ranking of the most profitable companies.

5 companies with highest turnover in the world and how to invest in them

In terms of market value, Apple was the world’s largest company in 2022, with a market capitalization of US$2.64 trillion as of April 2021. Way.

Apple is followed by Saudi Aramco, Microsoft, Google’s parent company Alphabet and Amazon in second place. Apple also led the ranking of the world’s most profitable companies in 2020 with a net income of US$51.41 billion.

5 companies with highest turnover in the world and how to invest in them

When investing, you can get into all of them by buying shares on the New York Stock Exchange and NASDAQ.

World Nation News Desk
World Nation News Deskhttps://worldnationnews.com/
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