Investlytic Rankings

2014 ranking of companies that lost the most money

Companies showing the largest net loss for the fiscal year 2014, according to their annual accounts.

Share prices and capitalizations at 2026-10-29·Annual accounts for the fiscal year 2014·Calculated on 2026-11-01· 5109 companies ranked
Metric : net loss for the fiscal year 2014 (negative net profit, displayed as a positive value), from heaviest to lightest. Currency : Amounts converted into US dollars at the exchange rate of the day of calculation; the amount in the currency of the accounts is repeated under each value. Only companies whose data is published are ranked: a missing value excludes the company, it is never replaced by zero or estimated.
#EnterpriseMarketSector Net loss (USD)Revenue
1APA CorporationAPA🇺🇸United StatesEnergy8,36 billion $12,79 billion $
2Petróleo Brasileiro S.A. - PetrobrasPBR🇧🇷OthersEnergy7,37 billion $143,66 billion $
3Cleveland-Cliffs Inc.CLF🇺🇸United StatesBasic Materials7,19 billion $4,62 billion $
4Vistra Corp.VST🇺🇸United StatesUtilities6,23 billion $5,98 billion $
5Banca Monte dei Paschi di Siena S.p.A.BMPS.MI🇮🇹EuropeFinancial Services6,04 billion $5,40 Md€8,36 billion $
6BlackBerry LimitedBB🇨🇦CanadaTechnology5,87 billion $6,81 billion $
7Valaris LimitedVAL🇧🇲OthersEnergy3,90 billion $4,56 billion $
8NatWest Group plcRBSPF🇬🇧United KingdomFinancial Services3,71 billion $2,77 Bn£24,76 billion $
9E.on SeEOAN.DE🇩🇪GermanyUtilities3,53 billion $3,16 Md€126,48 billion $
10Mechel PAOMTLRP.ME🇷🇺OthersBasic Materials2,99 billion $240,99 billion ₽4,42 billion $
11Barrick Mining CorporationB🇨🇦CanadaBasic Materials2,91 billion $10,24 billion $
12Uniper SEUN0.DE🇩🇪GermanyUtilities2,85 billion $2,55 Md€99,00 billion $
13Sistema Public Joint Stock Financial CorporationAFKS.ME🇷🇺OthersCommunication Services2,82 billion $227,22 billion ₽11,45 billion $
14Anglo American plcNGLOY🇬🇧United KingdomBasic Materials2,51 billion $27,07 billion $
15Promotora de Informaciones, S.A.PRS.MC🇪🇸EuropeCommunication Services2,50 billion $2,24 Md€1,57 billion $
16Aluminum Corporation of China LimitedALMMF🇨🇳ChinaBasic Materials2,44 billion $16,21 billion CN¥21,34 billion $
17Banco BPM S.p.A.BAMI.MI🇮🇹EuropeFinancial Services2,18 billion $1,95 Md€5,82 billion $
18Qantas Airways LimitedQUBSF🇦🇺AustraliaIndustrials2,00 billion $2,84 Bn AU$10,66 billion $
19Transocean Ltd.RIG🇨🇭EuropeEnergy1,91 billion $9,17 billion $
20ENEOS Holdings, Inc.JXHLY🇯🇵JapanEnergy1,81 billion $284,64 Bn¥78,77 billion $
21Serco Group plcSECCF🇬🇧United KingdomIndustrials1,80 billion $1,35 Bn£5,30 billion $
22Dell Technologies Inc.DELL🇺🇸United StatesTechnology1,71 billion $56,38 billion $
23Target CorporationTGT🇺🇸United StatesConsumer Defensive1,64 billion $72,62 billion $
24Tullow Oil plcTUWOY🇬🇧United KingdomEnergy1,56 billion $2,21 billion $
25Erste Group Bank AGEBS.VI🇦🇹EuropeFinancial Services1,55 billion $1,38 Md€9,67 billion $
26Polski Koncern Naftowy ORLEN Spólka AkcyjnaPKN.WA🇵🇱EuropeEnergy1,47 billion $5,81 million PLN27,07 billion $
27California Resources CorpCRC🇺🇸United StatesEnergy1,43 billion $4,18 billion $
28Eurobank Ergasias Services and Holdings S.A.EUROB.AT🇬🇷EuropeFinancial Services1,36 billion $1,22 Md€3,46 billion $
29Centrica plcCPYYY🇬🇧United KingdomUtilities1,36 billion $1,01 Bn£39,39 billion $
30Korea Shipbuilding & Offshore Engineering Co., Ltd.009540.KS🇰🇷KoreaIndustrials1,33 billion $1 769 Md₩38,98 billion $
31Freeport-McMoRan Inc.FCX🇺🇸United StatesBasic Materials1,31 billion $21,23 billion $
32Frontera Energy CorporationFECCF🇨🇦CanadaEnergy1,31 billion $4,95 billion $
33Expro Group Holdings N.V.XPRO🇺🇸United StatesEnergy1,29 billion $1,30 billion $
34KBR, Inc.KBR🇺🇸United StatesIndustrials1,26 billion $6,37 billion $
35Bombardier Inc.BOMBF🇨🇦CanadaIndustrials1,26 billion $20,11 billion $
36Genworth Financial, Inc.GNW🇺🇸United StatesFinancial Services1,24 billion $8,73 billion $
37Obsidian Energy Ltd.OBE🇨🇦CanadaEnergy1,24 billion $1,73 Bn CA$1,74 billion $
38Albertsons Companies, Inc.ACI🇺🇸United StatesConsumer Defensive1,23 billion $27,20 billion $
39PJSC SeverstalCHMF.ME🇷🇺OthersBasic Materials1,22 billion $97,89 billion ₽6,32 billion $
40Sinomach Heavy Equipment Group Co., Ltd.601399.SS🇨🇳ChinaIndustrials1,19 billion $7,90 billion CN¥587,2 M$
41Coeur Mining, Inc.CDE🇺🇸United StatesBasic Materials1,19 billion $635,7 M$
42SUNation Energy Inc.SUNE🇺🇸United StatesIndustrials1,18 billion $2,48 billion $
43Kinross Gold CorporationKGC🇨🇦CanadaBasic Materials1,17 billion $3,47 billion $
44ArcelorMittal S.A.MT🇱🇺EuropeBasic Materials1,09 billion $79,28 billion $
45Vallourec S.A.VK.PA🇫🇷FranceBasic Materials1,03 billion $923,6 M€6,38 billion $
46KG Dongbu Steel Co.,Ltd.016380.KS🇰🇷KoreaBasic Materials955,3 M$1 275 Md₩2,27 billion $
47Takeda Pharmaceutical Company LimitedTAK🇯🇵JapanHealthcare925,1 M$145,78 Bn¥11,28 billion $
48Annaly Capital Management, Inc.NLY🇺🇸United StatesReal Estate842,1 M$943,8 M$
49Sony Group CorporationSONY🇯🇵JapanTechnology814,7 M$128,37 Bn¥49,19 billion $
50Fomento de Construcciones y Contratas, S.A.FCC.MC🇪🇸EuropeIndustrials810,0 M$724,3 M€7,08 billion $
51Telefónica Deutschland Holding AGTELDF🇩🇪GermanyCommunication Services806,4 M$721,0 M€6,18 billion $
52iHeartMedia, Inc.IHRTB🇺🇸United StatesCommunication Services793,8 M$6,32 billion $
53Peabody Energy CorporationBTU🇺🇸United StatesEnergy787,0 M$6,79 billion $
54Santos LimitedSSLZY🇦🇺AustraliaEnergy765,0 M$3,30 billion $
55JD.com, Inc.JDCMF🇨🇳ChinaConsumer Cyclical750,9 M$5,00 billion CN¥17,28 billion $
56Vertex Pharmaceuticals IncorporatedVRTX🇺🇸United StatesHealthcare738,6 M$580,4 M$
57KT CorporationKT🇰🇷KoreaCommunication Services724,2 M$966,20 Md₩17,55 billion $
58Liberty Global plcLBTYA🇬🇧United KingdomCommunication Services695,0 M$18,25 billion $
59Raiffeisen Bank International AGRBI.VI🇦🇹EuropeFinancial Services689,9 M$616,8 M€8,50 billion $
60Hapag-Lloyd AGHLAG.DE🇩🇪GermanyIndustrials676,6 M$605,0 M€7,61 billion $
61Niko Resources Ltd.NKRSF🇨🇦CanadaEnergy672,9 M$155,2 M$
62Nabors Industries Ltd.NBR🇧🇲OthersEnergy670,7 M$6,80 billion $
63Koninklijke KPN N.V.KPN.AS🇳🇱EuropeCommunication Services668,8 M$598,0 M€8,95 billion $
64B2Gold Corp.BTG🇺🇸United StatesBasic Materials665,3 M$486,6 M$
65VEON Ltd.VEON🇳🇱EuropeCommunication Services647,0 M$13,49 billion $
66The Kansai Electric Power Company, IncorporatedKAEPF🇯🇵JapanUtilities618,2 M$97,41 Bn¥21,12 billion $
67Kyushu Electric Power Company, IncorporatedKYSEF🇯🇵JapanUtilities609,9 M$96,10 Bn¥11,37 billion $
68Yanchang Petroleum International Limited0346.HK🇭🇰Hong KongEnergy590,8 M$4,63 HK$ Bn2,85 billion $
69Hanwha Ocean Co., Ltd.042660.KS🇰🇷KoreaIndustrials587,6 M$783,93 Md₩11,59 billion $
70Weatherford International plcWFRD🇺🇸United StatesEnergy584,0 M$14,91 billion $
71Pangang Group Vanadium & Titanium Resources Co., Ltd.000629.SZ🇨🇳ChinaBasic Materials567,4 M$3,78 billion CN¥2,52 billion $
72Cheniere Energy, Inc.LNG🇺🇸United StatesEnergy547,9 M$269,3 M$
73Pan American Silver Corp.PAAS🇺🇸United StatesBasic Materials545,6 M$751,9 M$
74Hycroft Mining Holding CorporationHYMC🇺🇸United StatesBasic Materials518,9 M$310,4 M$
75Fugro N.V.FUR.AS🇳🇱EuropeEnergy513,2 M$458,9 M€2,88 billion $
76EnBW Energie Baden-Württemberg AGEBK.DE🇩🇪GermanyUtilities504,1 M$450,7 M€23,49 billion $
77Esso S.A.F.0N9V.L🇫🇷FranceEnergy494,5 M$442,2 M€17,53 billion $
78Cosmo Energy Holdings Co., Ltd.5021.T🇯🇵JapanEnergy493,3 M$77,73 Bn¥19,27 billion $
79Outokumpu OyjOUT1V.HE🇫🇮EuropeBasic Materials485,4 M$434,0 M€7,65 billion $
80United Spirits LimitedUNITDSPR.BO🇮🇳IndiaConsumer Defensive472,8 M$44,89 Bn₹985,6 M$
81Esprit Holdings Limited0330.HK🇭🇰Hong KongConsumer Cyclical471,1 M$3,70 HK$ Bn2,48 billion $
82E-Commodities Holdings Limited1733.HK🇨🇳ChinaEnergy470,7 M$3,69 HK$ Bn962,1 M$
83Onity Group Inc.ONIT🇺🇸United StatesFinancial Services469,8 M$2,13 billion $
84Globalstar, Inc.GSAT🇺🇸United StatesCommunication Services462,9 M$90,1 M$
85Thai Airways International Public Company LimitedTAWNF🇹🇭OthersIndustrials462,5 M$15,61 Bn฿5,58 billion $
86TPG Telecom LimitedTPG.AX🇦🇺AustraliaCommunication Services461,1 M$655,8 M AU$2,45 billion $
87CEMEX, S.A.B. de C.V.CXMSF🇲🇽OthersBasic Materials460,4 M$13,57 billion $
88SK Innovation Co., Ltd.096775.KS🇰🇷KoreaEnergy441,3 M$588,83 Md₩49,37 billion $
89Global Bio-chem Technology Group Company LimitedGBCMY🇭🇰Hong KongConsumer Defensive429,7 M$3,37 HK$ Bn815,7 M$
90Orrön Energy AB (publ)ORRON.ST🇸🇪EuropeUtilities427,2 M$785,2 M$
91Tronox Holdings plcTROX🇺🇸United StatesBasic Materials427,0 M$1,74 billion $
92MHP SEMHPSY🇺🇦OthersConsumer Defensive420,0 M$1,38 billion $
93Dampskibsselskabet Norden A/SDNORD.CO🇩🇰EuropeIndustrials415,6 M$2,04 billion $
94Chubu Electric Power Company, IncorporatedCHUEF🇯🇵JapanUtilities414,6 M$65,33 Bn¥18,04 billion $
95Tata Steel LimitedTTST.IL🇮🇳IndiaBasic Materials413,4 M$39,26 Bn₹14,69 billion $
96Honbridge Holdings Limited8137.HK🇭🇰Hong KongIndustrials413,2 M$3,24 HK$ Bn9,4 M$
97Cheniere Energy Partners, L.P.CQP🇺🇸United StatesEnergy410,0 M$268,7 M$
98HELLENiQ ENERGY Holdings S.A.ELPE.AT🇬🇷EuropeEnergy408,5 M$365,3 M€10,60 billion $
99Advanced Micro Devices, Inc.AMD🇺🇸United StatesTechnology403,0 M$5,51 billion $
100WendelMF.PA🇫🇷FranceFinancial Services401,8 M$359,3 M€6,23 billion $

⚠ Ranking provided for information purposes, based on public data. It does not constitute investment advice. Values may contain source errors and change with financial publications.

Frequently Asked Questions

About this ranking

How is this 2014 ranking established?
It ranks companies by their net loss for the fiscal year 2014, based on annual accounts and published data. No values are estimated: a company without this data is simply excluded.
Are the amounts comparable between countries?
Yes: amounts are converted to US dollars at the exchange rate of the calculation day, and the amount in the account currency is repeated under each value.
Is this ranking investment advice?
No. It is provided purely for informational purposes and does not constitute investment advice. Investing involves the risk of capital loss.

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