NEW YORK – June 12, 2025 – Forbes today released its 23rd annual edition of the Global 2000, a definitive ranking of the world’s largest companies in the world determined by sales, profits, assets and market value.

Despite economic uncertainty looming within the U.S., for the third year in a row, J.P. Morgan Chase remains in the No.1 spot, having gained 30% in the past year and making it the only company to rank in the top 20 worldwide in each of the four categories considered for the list. Berkshire Hathaway remains at No. 2, followed by the Industrial and Commercial Bank of China, Saudi Aramco and Amazon, which make up the rest of the top five.

Companies on the 2025 list amassed new records with $52.9 trillion in revenue, $4.9 trillion in profit, $242.2 trillion in assets and $91.3 trillion in market cap. The United States leads with 612 companies on the list, China and Japan follow with 317 and 180 respectively, followed by India with 70 and the United Kingdom with 68.

“The annual Forbes Global 2000 list features the companies shaping today’s global markets and moving them worldwide,” said Hank Tucker, staff writer, Forbes. “This year’s list showcases how despite a complex geopolitical landscape, globalization has continued to fuel decades of economic growth, with the world’s largest companies more than tripling in size across multiple measures in the past twenty years.”