Take a look at the below list of Top 10 Biggest American Companies by market capitalization and revenue 2017. The market and economy of our modern community is greatly influenced and dominated by large business companies. These companies have great products mostly which every person might want to use. Some companies offer very unique good services mostly on a daily basis to customers. These Companies majorly run today’s markets and most people are interested in getting services from them, even governments. Most of these large companies have branches situated in so many places to reach their customers easily. This is also a reason why they have grown so popular and have developed rapidly. American companies are known to greatly hold the modern society’s market and some are even ranked among the best and largest companies in the World. Bellow follows the top ten biggest American companies 2017.
List of Top 10 Biggest American Companies 2017
It is a food Corporation in America That whose headquarters are located in Minnetonka, Minnesota. It is Multinational and operates globally. It was founded in 1865 by William Cargill and David MacLennan is currently the Chairman and CEO of Cargill. It is currently the largest private company the United States Revenue-wise. Cargill Majorly trades, purchase and distribute agricultural products such as grain, energy trade, palm oil, livestock raising. It also trades and manufactures processed food. Cargill revenues reached $136.65 billion in the fiscal year of 2013. It took over Mosaic Company which made Cargill the leading producer of potash crops nutrients and phosphate. It has over 140000 employees insixty-six countries and is liable for most agricultural products export in the United States.
9. Valero Energy
It is a multinational American Corporation whose headquarters are found in San Antonio, Texas. It is an oil and gas Company with almost 19 oil refineries throughoutthe United Kingdom, US, Canada and the Caribbean that is able to produce three million oil barrels daily. It also has like ten ethanol plants that can produce approximately 1.2 billion gallons in a year and fifty megawatt wind farm. Valero generated $138.07 billion of revenue in 2013 and has over 20000 employees. It is one of the most powerful gas and oil company.
8. General Electric
This is the largest multinational industrial company in the United States which has its headquarter located in Fairfield, Connecticut. It operates worldwide and deals in various business genre such as Energy, manufacture of Industrial products, Aviation and Technology infrastructure. It was founded as Edison GE Company in 1889. Jeffery Immelt is the current Chairman and CEO of the company. The company generated a revenue of $146.045 billion in the fiscal year of 2013 and has more than 300000 employees.
7. General Motors
Also known as GM, this is an American Multinational Automotive Company whose headquarter is located in Detroit, Michigan. It operates in 157 countries where it manufactures ten different brands of vehicles in 37 countries. The company deals with the manufacture of vehicles and vehicles parts, marketing and distribution of the products. Mr. Tim Solo is the current Chairman of the Corporation. GM has over 200000 employees and generated $155.42 billion of revenue in 2013.
6. Apple Company
Apple is the most loved company of America. It was founded in 1976 by Ronald Wayne, Steve W. and Steve Jobs. It is the 2nd largest IT company in the world and the third largest phone manufacturer. Apple deals with manufacturing and development of PC’s and other consumer electronics. It recorded a revenue of $170.92 billion in the 2013 financial year.
5. Berkshire Hathaway
Berkshire Hathaway is Multinational, Conglomerate-holding company in the United States whose headquarter is located in Omaha, Nebraska. It was established in 1955 when Hathaway Company and Berkshire Spinning Associate merged. It owns other companies like GEICO, Dairy Queen Lubrizol and Fruit of the Loom having shares in firms like IBM, Coca-Cola, Heinz, etc. The company generated 182.150 billion of revenue in 2013 fiscal year.
4. Phillips 66
This is America’s 4th Biggest Multinational Energy Corporation and the sixth Largest Company around the globe 2017. Its headquarters are found in Westchase, Houston, in Texas operating in over 45 other countries. Phillips 66 Company deals with producing several petrochemical products as well as natural gas liquids. It generated a revenue of $171.59 billion in the 2013 financial year and has over 13000 employees.
Chevron is the third largest multinational company globally and the biggest energy company in the entire America. It has its headquarter situated at San Ramon, California. It also functions in more than one hundred and eighty countries. Chevron deals in exploring and manufacturing energy components and chemical products, oil processing and sales. Chevron Company recorded a revenue of $220.264 billion in the 2013 financial year and has more than 60000 employees.
2. Exxon Mobil Corporation
This is multinational Company in America dealing with oil and gas. Exxon Mobil’s Headquarter is found in Irving, Texas. This company operates internationally and is in more than 20 countries. This company has a total 37 functionaloil refineries. It is the third largest company worldwide considering revenue generated. Rex Tillerson is the current CEO of Exxon Mobil Corporation. It recorded a revenue of $420.836 billion in the 2013 fiscal year.
Wal-Mart is an International RetailerCompany whose headquarter is located in Bentoville, Arkansas. It functions under fifty-five different names found in 27 nations. Wal-Mart has more than 11000 stores. Wal-Mart is the biggest public company and the largest private employing company. Wal-Mart is a family company which was established in the year 1962 by Sam Walton, a member of Walton Family. Doug McMillon is current CEO of the Corporation. This company recorded a $476.294 billion revenue generated in the 2013 financial year. It has about 2.2 million employees.
These corporations or companies are the top largest American companies 2017 with Wal-Mart leading. They are still among the biggest companies worldwide operating in very many countries from different continents.