The annual ranking of the world’s largest public companies is out. The list considers data regarding sales, profits, assets, and market capitalization to assess the size of businesses.

The evaluation includes consolidated figures in U.S. dollars, using the latest 12-month financial data available as of April 25, 2025. The ranking methodology relies on financial databases and company reporting policies, while also accounting for country-specific regulations and the time it takes for data to be captured and processed. Quality checks are performed using various data sources and available financial statements.

Methodology for Ranking

The ranking process involves creating four separate lists of the 2000 largest companies based on sales, profits, assets, and market value. To qualify for any of the lists, a company needed to meet minimum thresholds: $5.9 billion in sales, $399 million in profits, $14.1 billion in assets, and $7.9 billion in market value. In 2025, a total of 3,385 companies were needed to fill out the four lists.

Each company receives a score for each metric based on its ranking within the respective list of 2000. These scores are then combined (equally weighted) to create a composite score. companies are sorted by their composite scores, and the highest score receives the top rank.

Each company receives a separate score for each metric based on where in ranks on the metric’s 2000 list.

Publicly traded subsidiaries with consolidated figures from the parent company are excluded. Consolidation typically occurs when the parent company owns more than 50% of the subsidiary’s stock, although some countries allow consolidation with less than 50% ownership. Companies lacking reliable or timely data are also excluded, which in 2025 included russian companies due to data reporting issues since the invasion of Ukraine in early 2022.

Understanding company Valuation