Investlytic Rankings

Ranking of companies by enterprise value

Enterprise value adds debt to market capitalization and subtracts cash: it is what would actually have to be paid to buy the entire company, debts included.

Share prices and capitalizations at 2026-10-29·Reference fiscal year 2025·Calculated on 2026-11-01· 27728 companies ranked
Metric : enterprise value (capitalization + debt − cash) published at the close of fiscal year 2025. 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. Scope : companies whose accounts are published in the listing currency; foreign lines off-exchange and ADRs, for which the provider's ratios are inconsistent, are excluded.
#EnterpriseMarketSector Enterprise value (USD)Market cap
1Apple Inc.AAPL🇺🇸United StatesTechnology3 895 billion $5 030 billion $
2Alphabet Inc.GOOG🇺🇸United StatesTechnology3 831 billion $3 411 billion $
3Microsoft CorporationMSFT🇺🇸United StatesTechnology3 779 billion $3 876 billion $
4NVIDIA CorporationNVDA🇺🇸United StatesTechnology2 909 billion $4 932 billion $
5Amazon.com, Inc.AMZN🇺🇸United StatesConsumer Cyclical2 526 billion $2 592 billion $
6Broadcom Inc.AVGO🇺🇸United StatesTechnology1 757 billion $1 557 billion $
7Meta Platforms, Inc.META🇺🇸United StatesTechnology1 712 billion $1 362 billion $
8Saudi Arabian Oil Company2222.SR🇸🇦OthersEnergy1 568 billion $5 880 Bn SAR1 672 billion $
9JPMorgan Chase & Co.JPM🇺🇸United StatesFinancial Services1 494 billion $895,92 billion $
10Tesla, Inc.TSLA🇺🇸United StatesConsumer Cyclical1 442 billion $1 580 billion $
11Berkshire Hathaway Inc.BRK-B🇺🇸United StatesFinancial Services1 172 billion $1 161 billion $
12Eli Lilly and CompanyLLY🇺🇸United StatesHealthcare1 000 billion $1 334 billion $
13Walmart Inc.WMT🇺🇸United StatesConsumer Defensive840,38 billion $982,90 billion $
14Schweizerische NationalbankSNBN.SW🇨🇭EuropeFinancial Services800,30 billion $659,56 Bn CHF376,1 M$
15The Goldman Sachs Group, Inc.GS🇺🇸United StatesFinancial Services720,14 billion $260,47 billion $
16Bank of Japan8301.T🇯🇵JapanFinancial Services710,97 billion $112 027 Bn¥128,8 M$
17Visa Inc.V🇺🇸United StatesFinancial Services670,97 billion $773,00 billion $
18Morgan StanleyMS🇺🇸United StatesFinancial Services642,76 billion $290,69 billion $
19BNP Paribas S.A.BNP.PA🇫🇷FranceFinancial Services640,49 billion $572,69 Md€104,99 billion $
20Industrial Bank Co., Ltd.601166.SS🇨🇳ChinaFinancial Services593,69 billion $3 950 billion CN¥62,50 billion $
21Banco Santander, S.A.SAN.MC🇪🇸EuropeFinancial Services579,55 billion $518,20 Md€164,59 billion $
22Citigroup Inc.C🇺🇸United StatesFinancial Services578,63 billion $205,72 billion $
23Oracle CorporationORCL🇺🇸United StatesTechnology554,98 billion $395,14 billion $
24Exxon Mobil CorporationXOM🇺🇸United StatesEnergy550,92 billion $769,96 billion $
25Wells Fargo & CompanyWFC🇺🇸United StatesFinancial Services547,80 billion $250,40 billion $
26Bank of America CorporationBAC🇺🇸United StatesFinancial Services539,13 billion $346,20 billion $
27Johnson & JohnsonJNJ🇺🇸United StatesHealthcare532,30 billion $657,68 billion $
28HSBC Holdings plcHSBC🇬🇧United KingdomFinancial Services531,58 billion $292,73 billion $
29Mastercard IncorporatedMA🇺🇸United StatesFinancial Services520,51 billion $559,19 billion $
30AbbVie Inc.ABBV🇺🇸United StatesHealthcare469,18 billion $521,11 billion $
31Crédit Agricole S.A.ACA.PA🇫🇷FranceFinancial Services452,72 billion $404,80 Md€50,72 billion $
32The Home Depot, Inc.HD🇺🇸United StatesConsumer Cyclical439,43 billion $328,44 billion $
33Palantir Technologies Inc.PLTR🇺🇸United StatesTechnology420,00 billion $423,58 billion $
34The Procter & Gamble CompanyPG🇺🇸United StatesConsumer Defensive416,94 billion $374,48 billion $
35Costco Wholesale CorporationCOST🇺🇸United StatesConsumer Defensive414,88 billion $448,57 billion $
36Brookfield CorporationBN🇨🇦CanadaFinancial Services404,99 billion $87,69 billion $
37Netflix, Inc.NFLX🇺🇸United StatesCommunication Services401,96 billion $258,50 billion $
38LVMH Moët Hennessy - Louis Vuitton, Société EuropéenneMC.PA🇫🇷FranceConsumer Cyclical390,23 billion $348,92 Md€213,36 billion $
39ASML Holding N.V.ASML.AS🇳🇱EuropeTechnology388,92 billion $347,76 Md€608,98 billion $
40Banque nationale de Belgique S.A.BNB.BR🇧🇪EuropeFinancial Services356,92 billion $319,14 Md€149,0 M$
41UnitedHealth Group IncorporatedUNH🇺🇸United StatesHealthcare354,42 billion $365,29 billion $
42Verizon Communications Inc.VZ🇺🇸United StatesCommunication Services353,67 billion $185,84 billion $
43Roche Holding AGRO.SW🇨🇭EuropeHealthcare350,49 billion $288,86 Bn CHF337,78 billion $
44Advanced Micro Devices, Inc.AMD🇺🇸United StatesTechnology348,08 billion $824,07 billion $
45T-Mobile US, Inc.TMUS🇺🇸United StatesCommunication Services345,70 billion $165,71 billion $
46SK hynix Inc.000660.KS🇰🇷KoreaTechnology344,26 billion $459 317 Md₩749,47 billion $
47The Coca-Cola CompanyKO🇺🇸United StatesConsumer Defensive337,77 billion $404,72 billion $
48GE AerospaceGE🇺🇸United StatesIndustrials336,77 billion $313,14 billion $
49AT&T Inc.T🇺🇸United StatesCommunication Services333,83 billion $144,23 billion $
50Salesforce, Inc.CRM🇺🇸United StatesTechnology331,26 billion $188,61 billion $
51International Business Machines CorporationIBM🇺🇸United StatesTechnology329,67 billion $243,66 billion $
52Volkswagen AGVOW3.DE🇩🇪GermanyConsumer Cyclical326,66 billion $292,09 Md€39,03 billion $
53Chevron CorporationCVX🇺🇸United StatesEnergy316,27 billion $465,33 billion $
54AstraZeneca PLCAZN🇬🇧United KingdomHealthcare311,51 billion $289,47 billion $
55Nestlé S.A.NESN.SW🇨🇭EuropeConsumer Defensive310,47 billion $255,87 Bn CHF264,36 billion $
56UniCredit S.p.A.UCG.MI🇮🇹EuropeFinancial Services309,79 billion $277,00 Md€123,20 billion $
57Caterpillar Inc.CAT🇺🇸United StatesIndustrials300,59 billion $286,26 billion $
58Deutsche Telekom AGDTE.DE🇩🇪GermanyCommunication Services299,83 billion $268,10 Md€139,55 billion $
59Merck & Co., Inc.MRK🇺🇸United StatesHealthcare299,33 billion $368,89 billion $
60ING Groep N.V.INGA.AS🇳🇱EuropeFinancial Services294,62 billion $263,43 Md€89,78 billion $
61Philip Morris International Inc.PM🇺🇸United StatesConsumer Defensive293,55 billion $325,42 billion $
62Cisco Systems, Inc.CSCO🇺🇸United StatesTechnology292,86 billion $412,04 billion $
63Shell plcSHEL🇬🇧United KingdomEnergy291,57 billion $308,81 billion $
64Deutsche Bank AGDBK.DE🇩🇪GermanyFinancial Services289,64 billion $258,98 Md€62,37 billion $
65RTX CorporationRTX🇺🇸United StatesIndustrials278,08 billion $269,62 billion $
66McDonald's CorporationMCD🇺🇸United StatesConsumer Cyclical272,08 billion $182,66 billion $
67SAP SESAP.DE🇩🇪GermanyTechnology271,53 billion $242,79 Md€272,69 billion $
68American Express CompanyAXP🇺🇸United StatesFinancial Services267,17 billion $213,98 billion $
69NextEra Energy, Inc.NEE🇺🇸United StatesUtilities260,51 billion $175,57 billion $
70Kweichow Moutai Co., Ltd.600519.SS🇨🇳ChinaConsumer Defensive254,46 billion $1 693 billion CN¥261,53 billion $
71UBS Group AGUBSG.SW🇨🇭EuropeFinancial Services251,01 billion $144,28 billion $
72Siemens AGSIE.DE🇩🇪GermanyIndustrials247,68 billion $221,46 Md€226,47 billion $
73Thermo Fisher Scientific Inc.TMO🇺🇸United StatesHealthcare247,41 billion $257,71 billion $
74The Walt Disney CompanyDIS🇺🇸United StatesCommunication Services244,43 billion $191,56 billion $
75Nordea Bank AbpNDA-FI.HE🇫🇮EuropeFinancial Services241,19 billion $215,66 Md€59,43 billion $
76Banco Bilbao Vizcaya Argentaria, S.A.BBVA.MC🇪🇸EuropeFinancial Services239,04 billion $213,74 Md€129,54 billion $
77Hermès International Société en commandite par actionsRMS.PA🇫🇷FranceConsumer Cyclical237,70 billion $212,54 Md€151,52 billion $
78China Mobile Limited600941.SS🇭🇰Hong KongCommunication Services237,35 billion $1 579 billion CN¥219,83 billion $
79PepsiCo, Inc.PEP🇺🇸United StatesConsumer Defensive237,34 billion $187,16 billion $
80Novo Nordisk A/SNOVO-B.CO🇩🇰EuropeHealthcare231,49 billion $1 550 Bn DKK175,34 billion $
81AppLovin CorporationAPP🇺🇸United StatesTechnology229,34 billion $76,76 billion $
82Ping An Bank Co., Ltd.000001.SZ🇨🇳ChinaFinancial Services227,82 billion $1 516 billion CN¥33,95 billion $
83Abbott LaboratoriesABT🇺🇸United StatesHealthcare225,43 billion $183,77 billion $
84Intuit Inc.INTU🇺🇸United StatesTechnology223,59 billion $91,15 billion $
85Bank of Beijing Co., Ltd.601169.SS🇨🇳ChinaFinancial Services222,56 billion $1 481 billion CN¥17,99 billion $
86Amgen Inc.AMGN🇺🇸United StatesHealthcare221,57 billion $251,94 billion $
87L'Oréal S.A.OR.PA🇫🇷FranceConsumer Defensive221,12 billion $197,72 Md€260,62 billion $
88Linde plcLIN🇬🇧United KingdomBasic Materials220,74 billion $236,08 billion $
89The Boeing CompanyBA🇺🇸United StatesIndustrials209,02 billion $135,94 billion $
90Intel CorporationINTC🇺🇸United StatesTechnology208,11 billion $347,61 billion $
91Pfizer Inc.PFE🇺🇸United StatesHealthcare207,77 billion $173,95 billion $
92Shopify Inc.SHOP🇨🇦CanadaTechnology207,75 billion $204,37 billion $
93Comcast CorporationCMCSA🇺🇸United StatesCommunication Services202,77 billion $82,24 billion $
94Iberdrola, S.A.IBE.MC🇪🇸EuropeUtilities200,77 billion $179,52 Md€165,51 billion $
95Bank of Ningbo Co., Ltd.002142.SZ🇨🇳ChinaFinancial Services200,06 billion $1 331 billion CN¥34,90 billion $
96Intuitive Surgical, Inc.ISRG🇺🇸United StatesHealthcare199,07 billion $152,62 billion $
97Ford Motor CompanyF🇺🇸United StatesConsumer Cyclical196,42 billion $48,75 billion $
98Blackstone Inc.BX🇺🇸United StatesFinancial Services195,25 billion $138,14 billion $
99Lowe's Companies, Inc.LOW🇺🇸United StatesConsumer Cyclical192,98 billion $117,30 billion $
100Industria de Diseño Textil, S.A.ITX.MC🇪🇸EuropeConsumer Cyclical192,41 billion $172,04 Md€195,58 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 ranking established?
It ranks companies according to their enterprise value for the reference year 2025, based on annual accounts and published data. No value is 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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