20 Most Valuable Companies in the USA 2024: With a market valuation of $2.546 trillion, Apple, has again remained the most valuable company in the US. In this post, we’ll tell you about the top 20 most valuable companies in the US by market value.
According to our source, the top 10 list is dominated by technology giants, with 5 representations from the sector. In fact, IT businesses now hold the top five spots on the market cap table, leaving big energy companies in the clouds of dust.
representatives from other sectors include oil and gas, service, banking, and pharmaceuticals.
In the following sections, we’ll reveal the top 20 most valuable companies in the US in 2022. What’s more? we’ll also tell you the market value of these companies.
Top 20 Most valuable companies in the USA in 2022
20. Pfizer
Completing our list of the 20 most valuable companies in the US is Pfizer with a market cap of $284.58 billion as of July 2022.
The global pharmaceutical business Pfizer Inc. has its US headquarters in New York City, New York. In addition, Pfizer is the second-largest pharmaceutical corporation in the world, after Roche.
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19. Chevron
Chevron is ranked the 19th most valuable company in the US by market value with a market cap of $295.48 billion.
The American multinational energy corporation is a successor company of Standard Oil with headquarters in San Ramon, California. Chevron is present in over 180 countries in the world.
The oil company is involved in hydrocarbon exploration and production, refining, marketing, and transportation, as well as the production and distribution of chemicals and the creation of electrical power.
Chevron is one of the largest oil companies in the world and is only second to Exxon Mobil in the US.
18. Home Depot
The Home Depot, Inc. is an American home improvement retailer with headquarters in Atlanta. It claims to be the largest DIY shop chain in the world and operates 2,284 DIY stores in North America (USA, Canada, Mexico, and Puerto Rico) as of April 2018.
The company also owns home improvement stores and user stores, such as the EXPO Design Center, Landscape Supply Garden Center, and a number of specialized stores. It claims to be the largest DIY store chain in the world. The company has over 400,000 employees. In fiscal 2017, sales were $ 100.9 billion.
As of July 2022, Home Depot has a market cap of $307.94 billion, making it one of the biggest companies in the US by market value.
17. Eli Lilly
Eli Lilly and Company is one of the largest pharmaceutical companies in the world. The company has production plants in 13 countries of the world, and with over 33,000 employees worldwide.
With a market cap of $316.08 billion, Eli Lilly and Company is the 17th most valuable company in the US.
16. JP Morgan Chase
As of July 2022, JPMorgan Chase has a market cap of $337.20 billion to earn the 16th spot on the list. The giant in the banking sector is one of the two representatives from the sector to make the list.
JPMorgan Chase & Co. is an American global investment bank and holding company for financial services with its headquarters in New York City. As of 2022, JP JPMorgan Chase is the largest bank in the US with total assets of US$3.954 trillion. It is also the largest bank globally by market capitalization, and the fifth-largest bank globally overall.
15. Mastercard
Mastercard has a market cap of $342.80 billion, earning it the 15th position on the list.
It is one of the two major international companies for payment cards (credit cards, debit cards, and prepaid cards.
Mastercard issues licenses to banks all over the world for the issuance of their cards (issuing licenses) and for the recruitment of contractors (acquiring licenses).
Along with Visa, Mastercard is one of the representatives from the financial services sector on the list.
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14. Procter & Gamble
The Procter & Gamble Company is an American consumer goods group with headquarters in Cincinnati, Ohio, which is represented in 70 countries.
According to our source, Procter and Gamble is the 14th most valuable company in the US with a market cap of $355.24 billion.
It specializes in a wide range of personal health/consumer health, personal care, and hygiene products. Before the sale of Pringles to Kellogg’s, its product portfolio also included food, snacks, and beverages. It is organized into several segments including beauty, grooming, health care, fabric & home care, and baby, feminine, & family care.
13. Walmart
Walmart Inc. is a global US retail group that dominates a large part of the US market. It ranks number one in the Fortune Global 500 list of the top-selling companies in the world
With a market cap of $355.66 billion, Walmart is one of the most valuable companies in the UK.
Walmart operates a chain of hypermarkets, discount department stores, grocery stores, and Sam’s Club retail warehouses across the U.S.
As of April 30, 2022, Walmart has 10,585 stores and clubs in 24 countries, operating under 46 different names. The company divested its shareholdings in Grupo Big to French retailer Carrefour.
Walmart is the world’s largest company by revenue, with about US$570 billion in annual revenue. It is also the largest private employer in the world with 2.2 million employees.
12. Exxon Mobil
Exxon Mobil is the 12th largest company in the US with a market cap of $390.31 billion.
The American multinational oil and gas corporation is headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller’s Standard Oil.
11. Meta Platforms
As of July 2022, Meta Platforms (Facebook) has a market cap of $434.95 billion to emerge as the 11th most valuable company in the US.
Meta is one of the world’s most valuable companies. The company owns Facebook, Instagram, and WhatsApp among other products and services. It has also acquired Oculus, Giphy, Mapillary, Kustomer, Presize and has a 9.99% stake in Jio Platforms
Along with Alphabet, Amazon, Apple, and Microsoft, it is regarded as one of the Big Five American technological giants.
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10. Visa
Taking the top 10 most valuable companies in the US is Visa with a market cap of $445.21 billion.
It makes electronic money transfers possible anywhere in the world, most frequently via prepaid, debit, and credit cards bearing the Visa name. In addition, Visa is of the most valuable firms in the world is Visa.
After China UnionPay overtook Visa in 2015, Visa is now the second-largest card payment organization in the world (debit and credit cards combined). With a total value of US$6.8 trillion, Visa’s global network conducted 100 billion transactions in 2014.
9. NVIDIA
Nvidia is an American multinational technology company. It designs graphics processing units (GPUs) and systems on chip units (SoCs) for the mobile computing and automotive market. Its professional line of GPUs is used in workstations for applications in such fields as architecture, engineering, and construction.
As of July 2022, NVIDIA has a market cap of $448.16 billion, making it one of the most valuable companies in the US. In fact, according to our source, NVIDIA is the 11th most valuable company in the world.
8. Johnson & Johnson
Johnson & Johnson is the 8th most valuable company in the US with a market cap of $458.38 billion.
J&J is an international American pharmaceutical and consumer goods corporation with its corporate headquarters in New Brunswick, New Jersey. The business is included in the Dow Jones Industrial Average. It is one of the representatives from the pharmaceutical sector to make the list.
7. UnitedHealth
UnitedHealth is the 8th most valuable company in the world with a market cap of $508.01 billion.
As of July 2022, the company is ranked 7th most valuable company in the US.
UnitedHealth Group is the world’s second-largest healthcare company and also doubles as the largest insurance company by net premiums.
6. Berkshire Hathaway
With a market valuation of $648.84 billion, Berkshire Hathaway is the 6th most valuable company in the US by market capitalization.
The American Company is a conglomerate made up of 80 companies that engage in a variety of business operations, such as manufacturing, wholesale and retail, energy supply, insurance, and rail freight.
5. Tesla
Telsa has a market cap of $880.19 billion. This makes the company the 5th most valuable company in the US. It is interesting to note that Tesla is also the 5th most valuable company in the world, according to our source.
The automobile company designs and manufactures electric vehicles (electric cars and trucks), battery energy storage from home to grid-scale, solar panels, and solar roof tiles.
Furthermore, Tesla is the world’s most valuable automaker with a market capitalization of more than US$760 billion.
..and now, we’re getting to the top 4 list dominated by technological giants, enjoy the read!
4. Amazon
With a market cap of $1.244 trillion, Amazon is the 4th most valuable company in the US and the 5th in the world.
Amazon is an American multinational technology company that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence.
Amazon is one of the world’s largest online retailers and a major player in e-commerce. It has been called “one of the most influential economic and cultural forces in the world”.
Amazon has earned a reputation as a disruptor of well-established industries through technological innovation and mass scale. As of 2021, it is the world’s largest online retailer and marketplace. It also produces consumer electronics such as Kindle e-readers, Echo devices, Fire tablets, and Fire TVs.
Are you eager to know who the top 3 most valuable companies in the US are? Well, you are almost there…..
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3. Alphabet
Alphabet (Google) has a market valuation of $1.505 trillion as of July 2022. This makes Alphabet the 3rd most valuable company in the US.
Alphabet is among the most valuable firms in the world and the third-largest technology company in terms of sales. Along with Microsoft, Amazon, Apple, Meta, and Apple, it is one of the Big Five American technological corporations.
The American global technological conglomerate holding corporation is based in Mountain View, California.
2. Microsoft
Microsft is the second most valuable company in the UK with a market valuation of $2.063 trillion.
Microsoft Corporation is an American multinational technology corporation. It produces computer software, consumer electronics, personal computers, and related services. Its best-known software products are the Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers.
It is one of the Big Five American information technology companies, alongside Google, Amazon, Apple, and Meta.
And finally, the wait is over… We now unveil the most valuable company in the US in 2022.
1. Apple
According to our source, Apple is the most valuable company in the US with a market cap of $2.546 Trillion. Yes, we’ll tell you this for free, Apple is also the MOST VALUABLE COMPANY IN THE WORLD.
The technological behemoths with headquarters in Cupertino, California, the United States, are experts in consumer electronics, software, and internet services.
Apple is the largest technological company by revenue (totaling US$365.8 billion in 2021). Together with Alphabet, Amazon, Microsoft, and Meta, it is one of the Big Five American IT firms.
