Several large companies exist in the United States. The more you know about these companies, the more knowledgeable you become. In addition, the United States houses several large companies across the globe. From the number of employees to their market capitalizations, these companies make trillions of dollars daily. Besides, their top-notch status enables them to influence lives, the economic and social aspects of American society, and other world countries. In this article, we shall look at what these companies are by their market capitalization status. In this article, we will present top US Largest Companies over here with breif details about them.
Top US Largest Companies
Apple is arguably the largest company in the U.S by valuation. Situated in Cupertino, California, it specializes in producing and distributing computational products and services such as computer hardware, computer software, computer electronics, cloud computing, artificial intelligence, financial technology, and many more. Founded in 1976 by Steve Jobs and others, it remains the world’s most valuable company as of 2021. With 512 retail stores and 147,000 employees, Apple generated a revenue of about US$274 billion in 2020. As of the time of this article, its market capitalization is about US$2.4 trillion, with a single share priced at about US$145. Some of its products and services that amass this great deal of wealth include Macintosh, iPhone, iPod, iPad, Apple Watch, Apple Pencil, Airpods, iOS, HomePod, Shazam, App Store, Apple Card, Apple Books, iTunes Store, Apple TV, Apple Fitness+, iCloud, iMessage, and many more. As of July 2021, Tim Cook remains the CEO of this company.
Microsoft is another large company in the United States. Founded by Bill Gates and Paul Allen in 1975, it is an American multinational company specializing in the production, distribution, and sales of various products and services. Its main focus is on various computing and electronic industries, including software development, cloud computing, computer hardware, consumer electronics, video games, social networking services, and many more. Its headquarters is located in Redmond, Washington, with Satya Nadella as the CEO. Thanks to its initial public offering (IPO), it has created three billionaires and about 12,000 millionaires among the employees. Today, Microsoft has over 166,000 employees and also generated about revenue of US$143 billion in 2020. The company is valued at US$2.1 trillion, with a single share priced at about US$278 as of the time of this article. Some of its products (software) and services include Windows, Office, Skype, Xbox, Mobile, Azure, LinkedIn, Github, OneDrive, Pay, MSDN, and many more.
Amazon is another multinational company that focuses on providing various services such as e-commerce, cloud computing, digital streaming, artificial intelligence, entertainment, consumer electronics, digital distribution, and more. Founded on July 5, 1994, by Jeff Bezos, the company is one of the world’s most valuable companies. Headquartered in Seattle, Washington, the company designs various products and services to meet the consumer’s needs. Although the company started as an online store for books, it has expanded into selling other commodities such as electronics, software, toys, apparel, food, furniture, jewelry, video games, computer hardware, and more. It employed over 1.2 million individuals and generated revenue of about US$386.064 billion as of December 2020. As of the time of this article, the company’s value is estimated at $1.804 and the share at $3,578.
- Alphabet (Google)
Alphabet is another American multinational technology company that offers various computing services across the globe. Founded by Larry Page and Sergey Brin on October 2, 2015, it is one of the largest technology companies in the world. It is headquartered in Mountain View, California that operates in various business and Internet services. As of 2020, it generated an estimated revenue of US$182 billion. Today, the company’s value is estimated at around US$1.7 trillion, with a single share priced at $2,622. It employed over 135,000 workers and owned several subsidiaries such as Calico, DeepMind, Google, Google Fiber, Verily, Sidewalk Labs, Wing, X, and more. Although its founders resigned from their executive posts in 2019, they still serve as the controlling shareholders. As of July 2021, the key personnel in charge of the company are John Hennessey, Sundar Pichai, Ruth Porat, and more. Alphabet promotes its services through Google Chrome, Photos, Gmail, Drive, Duo, Maps, Play store, Documents, Spreadsheet, and more. It also acquired companies such as YouTube to provide more services to its consumers.
Founded by Mark Zuckerberg and his colleagues in 2004, Facebook is one of the largest companies in the United States. In addition, it is a popular global social networking site in the world. Headquartered in Menlo Park, California, it has acquired other social networking platforms such as WhatsApp, Instagram, and Messenger. It also owns other companies such as Oculus VR, Giphy, and Mapillary, among others. As of 2020, it generated an estimated revenue of US$85.97 billion and employed over 60,000 workers. Today, the company’s value is estimated at US$965 billion, and a single share is priced at about $340. The founder, Mark Zuckerberg, remains the CEO while other key personnel such as Sheryl Sandberg, David Wehner, and Chris Cox work in the brand’s interest to date.
- Berkshire Hathaway
Berkshire Hathaway is an American multinational corporation focusing on long-term investment in major publicly traded companies worldwide. Headquartered in Omaha, Nebraska, the company owns and invests in many companies across many industries, including retail, railroads, confectionery, encyclopedias, home furnishings, restaurants, aerospace, utilities, Internet, real estate, and more. Although founded in 1839 by Oliver Chance, its affairs are currently led and managed by Warren Buffet. Berkshire owns significant holdings in several companies, including American Express, Coca-Cola, Bank of America, Duracell, Helzberg Diamonds, Pilot Flying J, Apple, and more. In addition, it owns several subsidiaries and employs about 360,000 workers. Also, the estimated revenue generated is about US$245 billion. Today, the company’s value is estimated at $634 billion, with a single share priced at over $400,000.
Tesla is an American company that focuses on producing electric automobiles and other related products. It has its name ascribed to Nikola Tesla, a popular electrical engineer and inventor. Founded on July 1, 2003, the company is associated with automotive, solar energy generation, battery energy storage, and many more. Its CEO is Elon Musk, who directs and manages the affairs of the company till today. The company’s popular products include various models of electric cars, solar panels, solar roof tiles, battery energy storage, and other related products. Also, some of its services rendered include vehicle servicing, charging, insurance, premium connectivity, and more. As of 2020, the estimated generated revenue is about US$31 billion. Meanwhile, the company’s estimated value is about $625, with a single share sold at $648. It employs over 70,000 workers and owns some subsidiaries, including Tesla Energy, Tesla Grohmann Automation, DeepScale, Maxwell Technologies, and many more.
Visa is an American multinational financial corporation that facilitates financial transactions across the globe. Headquartered in Foster City, California, it facilitates financial transactions through its branded cards like credit cards, debit cards, and prepaid cards. Although it does not issue cards directly to its consumers, it provides its services to financial institutions that eventually offer its credit, debit, prepaid, and other programs to their customers. The company is the world’s second-largest payment organization after China’s Union pay. Thanks to its four secured data centers, it handles about 30,000 transactions simultaneously. As of 2020, the estimated generated revenue is $21.85 billion. Meanwhile, the company’s value is estimated at $533.25 billion, with a single share priced at about $242. Its CEO is Alfred Kelly Jr till date.
Founded on April 5, 1993, by Jensen Huang and others, Nvidia is an American technology company that specializes in designing various computing products and services. It is situated in Santa Clara, California, and specializes in various industries such as video games, artificial intelligence, semiconductors, consumer electronics, and consumer hardware. It designs graphics processing units (GPUs) and systems on chip units (SoCs) for different markets. These markets include architecture, engineering, construction, automotive, media and entertainment, manufacturing, and scientific research. As time went by, Nvidia expanded its gaming presence by producing various computer hardware such as handheld games Shield Portable, Shield Tablet, and many more. Besides, it provides various products and services such as central processing units, chipsets, drivers, tablet computers, laptops, data processing units, and TV accessories.
As of 2020, the company generated a revenue of US$10.92 billion and has over 18,000 employees. As of the time of this article, the company’s value is estimated at US$460 billion, with a single share priced at about US$184. Its subsidiaries include Nvidia Advanced Rendering Center, Mellanox Technologies, and more. One of the founders, Jensen Huang, remains the CEO of the company to date.
- JP Morgan Chase & Co.
JP Morgan Chase & Co. is another American multinational company specializing in investment banking and providing financial services to its consumers. Founded in 2000 by J.P Morgan and others, it is one of the largest banks in the world in terms of total assets. It is headquartered in New York City, New York. It provides several financial products and services such as credit cards, insurance, mortgage loans, asset management, banking, risk management, wealth management, private equity, equities trading, mutual funds, and more. Known as one of America’s Big Four Banks, it generated about US$119 billion as of 2020. It employs about 255,000 workers and owns various subsidiaries such as Chase Bank, One Equity Partner, and more. As of the time of this article, the estimated value of the company is about $449 billion, with a single share priced at $150. Its CEO is Jamie Dimon.
- Johnson & Johnson
Johnson &Johnson is another American multinational company specializing in the development of medical devices, pharmaceuticals, and other related products. It is one of the most valuable companies globally and has a prime credit rating of AAA. Founded in 1886 by the Johnson brothers, it sells its products in over 175 countries. Some of these products include household mediations, first aid supplies, Neutrogena skin and beauty products, Clean and Clear facial wash, Acuve contact lenses, Tylenol medications, and baby products. It is headquartered in New Brunswick, New Jersey, and owns many subsidiaries such as Ethicon, Synthes, Mentor, Tibotec, Acclarent, Actelion, Janssen Vaccines, Janseen Pharmaceuticals, and so on. As of 2020, it has about 134,500 employees and generated an estimated revenue of US$82 billion. Today, the company’s value is estimated at $445 billion, with a single share priced at $169. Its CEO is Alex Gorsky.
Walmart is an American retail company that operates in many countries across the globe. Founded in 1962, it focuses on selling products across different industries such as electronics, clothing, furniture, home decors, footwear, toys, garden supplies, grocery, crafts, beauty products, sporting equipment and accessories, pet supplies, pieces of jewelry, and more. Besides, it offers various financial services such as Walmart MoneyCard, Walmart Pay, Pickup Today, etc. According to the Fortune Global list, Walmart is the world’s largest company by revenue. Besides, it is the world’s largest private employer of 2.2 million workers, with 1.5 million of them situated in the United States. Its headquarters are located in Arkansas, United States, and has over 10,526 retail stores worldwide. As of 2020, its estimated generated revenue is US$548 billion and owns subsidiaries including Parcel, Modcloth, Jet.com, Art.com, and many more. Today, the company’s value is approximately $398 billion, with a single share priced at $142.
UnitedHealth is an American multinational company that manages health and insurance affairs for its consumers. Based in Minnetonka, Minnesota, it offers various healthcare products and services to its consumers. Besides, it is the second-largest health company by revenue, following CVS Health. Founded by Richard Burke in 1977, it specializes in providing health insurance and advancing healthcare delivery technologically. In addition, the company is known to have two foundations that carry out its philanthropic activities – UnitedHealth Foundation and UnitedHealthcare Children’s Foundation. These foundations have committed millions of dollars to improve health and healthcare delivery to American society. As of 2020, the company’s estimated generated revenue was US$257.14 billion and had about 330,000 employees. Today, the market value is worth $392 billion, with a single share priced at $142. Some of its executive officers include Andrew Witty (CEO), Stephen Hemsley (Executive Chairman), Larry Renfro (Vice-Chairman), and many more.
MasterCard is another American multinational finance company that has its headquarters at Purchase, New York. Its main focus is to facilitate payments or make purchases between financial institutions through payment cards such as credit cards, debit cards, and prepaid cards. It connects consumers, financial institutions, governmental agencies, and other businesses to make transactions electronically instead of through cash or checks. Before it was enlisted for initial public offering in 2006, it was owned cooperatively by over 25,000 financial institutions. As of 2020, it generated an estimated revenue of US$15 billion and has about 21,000 employees. The company’s market value is $370 billion, and a single share is priced at $373. Its shares are classified as Class A and Class B. Also, its executive officers include Ajay Banga, Michael Miebach, and many more.
PayPal is an American multinational financial corporation that facilitates financial transactions among many countries. Financial transactions such as online payments, wire transfers, and other electronic payments are carried out instead of the traditional methods like cash and checks. Headquartered in San Jose, California, it spun off as an independent institution from its parent company, eBay. It was founded by a group of entrepreneurs such as Elon Musk, Yu Pan, Peter Thiel and operates in several countries across the globe. According to the Fortune list, it was ranked 204th among the largest United States corporations by revenue. As of 2020, it generated an estimated revenue of US$21 billion and has 26,500 employees. The company’s value is approximately $349 billion, and a single share is priced at $297. It owns various subsidiaries, including Venmo, PayPal Credit, iZettle, Paydiant, Braintree, Traders, and more. Its executive officers include John Donahoe (Chairman), Dan Schulman (CEO), and many more.
- Home Depot
Home Depot is another American company that specializes in retail services. It markets distributes, and sells various tools, construction products, and other related products and services. Headquartered in Cobb County, Georgia, it specializes in the sales of products such as home appliances, builders’ hardware, building materials, lumber, plants, plumbing, flooring, garden supplies, and more. As of March 2021, it has over 2,000 retail stores and over 400,000 employees. It generates an estimated revenue of US$110 billion in 2020. Today, it serves specific countries, especially those in the American continent, including Canada, Mexico, Puerto Rico, and many more. Today, the company’s value is worth $349 billion (USD), with a single share priced at $325. Its subsidiaries include The Home Depot Pro, MRO Company Interline Brand, which perform similar functions to Home Depot. Besides, these subsidiaries have about seventy (70) distribution centers across the state.
- Procter and Gamble
Procter and Gamble is an American company that specializes in the sales of consumer goods, including beauty and health products, food items, and more. Founded by William Procter and James Gamble in 1837, it has its headquarters in Cincinnati, Ohio. It incorporated major health and brands and segments into various categories: cleaning agents, skincare and personal care, fabric care, home care, oral care, hair care, feminine care baby products, grooming, personal health care, and many more. Before the addition of grocery items like Pringles and Kellogs, it engaged in the sales of food items, beverages, snacks, and more. It has about 99,000 employees and focuses on 65 brands on its site. As of 2020, the estimated revenue generated was $70.95 billion (USD). Today, the market value of the company is US$343 billion, with a single share priced at $38 (USD). Its executive positions are held by personnel such as David Taylor (CEO), Scott Cook (Director), and many more.
- Bank of America
Bank of America is a multinational financial institution headquartered in Charlotte, North Carolina. It was founded in 1998 by Amadeo Giannini and Hugh McColl with the primary aim of providing financial services in areas like commercial banking, wealth management, risk management, and other related financial transactions. Aside from this, other financial services such as asset management, equities trading, mortgage loans, investment management, private equity, commodities, and more. The bank is the second-largest bank in the United States and the eighth largest banking institution in the world. It has about 4,600 retail centers and about 213,000 employees. As of 2020, it generated an estimated revenue of $85 billion. Besides, it is also a significant shareholder of corporations such as Berkshire Hathaway, The Vanguard Group, BlackRock, and more. As of the time of this article, the estimated market value of the company stands at $322 billion, with a single share priced at $40. Executive positions in the company are held by Brian Moynihan (Chairman and CEO), Anne Finucane (Vice-Chairman), and many more.
- Walt Disney
Walt Disney is a media and entertainment company based in Burbank, California. Founded on October 16, 1923, the Disney brothers focus on the animation industry, live-action film production, theme parks, and other televised shows. To produce more mature content that captivates audiences, it has acquired corporations and segmented them into divisions such as Walt Disney Pictures, Marvel Studios, Pixar, 20th Century Studios, ESPN and Sports contents, and more. It employs over 200,000 workers and generated an estimated revenue of $65 billion in 2020. Today, its market capitalization is estimated at $319 billion, with a single share priced at $175.