Top 10 companies on Forbes 2020 Global 2000
Forbes released the latest Global 2000, a ranking of the world's 2,000 largest public companies on May 13, 2020.
The companies on the list account for $42.3 trillion in revenues, $3.3 trillion in profits, $201.4 trillion in assets and $54.3 trillion in market capital. Sales and assets are up over last year, while profits and market cap are down.
Forbes said the current market turbulence caused by COVID-19 has dramatically affected market values for the Global 2000 list, which was priced out on April 30. The minimum market value needed to make the universe of companies considered for this year's list was $5.27 billion, down from $6.25 billion last year.
Regionally, the US tops the ranking in numbers of enterprises with 588 companies, followed by China, 367, Japan, 217, the UK, 77 and Canada, 61.
Let's take a look at the top 10 companies.