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10 Richest Companies in the USA

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Richest Companies in the USA

If someone asks you to name the richest companies in the USA, you probably will not be able to name them all you can name only those companies that are incredibly famous and do not need any introduction.

But there are many more to the list that we probably do not know that much about, maybe just because we are unaware of them.

So here, we have created a list compiling the names of the 10 richest companies in the USA.

Read it ahead till the end and explore what are the 10 richest companies in the USA.

#1. Apple Inc.

Apple is one of the companies that come to our minds when we think about some of the richest and most valuable companies not only in the USA but all around the world.

Apple has to offer various ranges of consumer technology products such as iPhones, PCs, wearable devices, tablets, etc. But it is primarily known for its iPhones and MacBook laptops.

Expanding its sales from services, Apple provides Cloud and Payment services, operates digital content stores, and recently Apple launched its AppleTV+, which is a streaming service for on-demand entertainment service.

  • Revenue of the Company: 378.3 billion dollars
  • Net Income of the Company: 100.5 billion dollars
  • Market Cap: 2.65 trillion dollars
  • 1-Year Trailing Total Return: 37%
  • Year of Establishment: 1976

#2. Johnson & Johnson

Johnson & Johnson is one of the Pharmaceutical Giants in the world that is based in New Brunswick, New Jersey and it has about one lakh and thirty-two thousand employees.

A broad range of professional medical and consumer products and services are provided by Johnson & Johnson Company. Numerous of its products are known all over the world, products such as Aveeno skin care products, Johnson’s baby powder and shampoo, Listerine mouthwash, Band-Aids, Tylenol and Motrin Pain relievers, and feminine products such as Stayfree and Carefree products.

  • Revenue of the Company: 937.7 billion dollars
  • Net Income of the Company: 4.458 billion dollars
  • Market Cap: 465.17 billion dollars
  • Year of Establishment: 1886

#3. Microsoft Corporation

This is another big name on the list we are all familiar with and its products such as Microsoft Windows and Microsoft Office are an important part, especially for all working professionals at corporates. Or even if you are not an employee in a corporate but have a laptop or PC for your personal use, products or software of Microsoft are a must-to-have for your system. You cannot afford to not have them. Unless you are a MacBook Owner.

Along with its Windows and Office Suit software, it is also famous for its gaming hardware named Xbox. And its cloud computing services help its shares and revenue to grow, and for this reason, it is one of the leaders in the market.

Furthermore, LinkedIn, which is a leading social media site for professionals and job seekers, is also owned and operated by Microsoft.

  • Revenue of the Company: 184.9 billion dollars
  • Net Income of the Company: 71.2 billion dollars
  • Market Cap: 2.10 trillion dollars
  • Year of Establishment: 1975

#4. Alphabet Inc.

Alphabet is the parent company of the globally dominating search engine, yeah, you guessed that right, Google. This company provides a broad range of technology services and products, such as the Google search engine, Chrome browser, Google Maps, Gmail for sending and receiving emails, Google Drive for saving files online, Google Keep for writing notes, Google Docs for creating word documents like MS Word, Google Sheets for sheet creation, Google Meet for online/virtual meeting – Zooms’ tough competitor during the COVID-19 lockdown, and many more. The company also offers cloud services through its Google Cloud enabling developers to create applications.

The company generates its revenue through its hardware products as well. Hardware products such as Fitbit (smartwatch), Pixel smartphones, etc.

  • Revenue of the Company: 257.6 billion dollars
  • Net Income of the Company: 76.0 billion dollars
  • Market Cap: 1.54 trillion dollars
  • Year of Establishment: 1998

#5. Amazon.com Inc.

Amazon is the leading e-commerce shopping platform, which has a broad range of products available on its platforms or websites to purchase from and it is also the biggest provider of cloud computing services on the globe. It is not only an e-commerce website but many things along with it. It allows you to watch movies and web series, and to listen to music through its Amazon Prime Video and Amazon Prime Music, respectively. It has also the largest book collection of more than 48 million titles on its Amazon Kindle Application – well, it is a sort of heaven for bibliophiles.

Amazon produces and sells electronic devices, too. Electronic devices such as Kindle e-reader, Alexa, Fire TV, etc.

  • Revenue of the Company: 469.8 billion dollars
  • Net Income of the Company: 3.4 billion dollars
  • Market Cap: 1.42 trillion dollars
  • Year of establishment: 1994

#6. Tesla Inc.

Tesla is leading the industry in Electric Vehicles. There is a wide range of models available in Tesla Electric Vehicles such as the Model Y, which is a compact vehicle (an SUV) in which 7 adults can be seated; the Model 3, which is a midsize sedan having 4 seats, is designed and priced for mass-market purposes.

The company is planning to develop and manufacture a Cybertruck and a commercial EV called Tesla Semi. And apart from this, Tesla produces solar panels as well.

  • Revenue of the Company: 53.8 billion dollars
  • Net income of the Company: 5.5 billion dollars
  • Market Cap: 910 Million dollars
  • Year of Establishment: 2003

#7. Berkshire Hathaway Inc.

It came into the existence when two regional textile companies have been merged in the 19th century. And later it got purchased by one of the richest persons in the world, Warren Buffet. Now, this company is converted into a conglomerate holding company.

A large number of subsidiaries are owned by Berkshire Hathaway Inc., those subsidiaries are involved in numerous business-related activities that include freight rail transportation, insurance, retailing, etc.

  • Revenue of the Company: 276.1 billion dollars
  • Net Income of the Company: 89.8 billion dollars
  • Market Cap: 644 billion dollars
  • Year of Establishment: 1839

#8. NVIDIA Corporation

Software that is related to the graphic processor is developed and designed by NVIDIA Corporation. PC graphics and video games were the fields of this company’s initial primary applications.

This company has products and platforms that comprise many things such as services, software, hardware, and many more that could serve games, data centers, automotive markets, and professional visualization.

Furthermore, NVIDIA is also got prominently featured in cryptocurrency mining.

  • Revenue of the Company: 26.9 billion dollars
  • Net Income of the Company: 9.8 billion dollars
  • Market Cap: 457 billion dollars
  • Year of Establishment: 1993

#9. UnitedHealth Group

As of June 3, 2022, UnitedHealth Group is one of the most valuable companies in the US. This company is based in Minnetonka, Minnesota.

It has four main segments through which it operates – UnitedHealth Care which offers health insurance, OptumHealth operating a care-providers network, OptumInsigt for providing information and software products and advisory, and OptumRx for pharmacy services.

  • Revenue of the Company: 285.273 billion dollars
  • Net Income of the Company: 17.3 billion dollars
  • Market Cap: 456.98 billion dollars
  • Year of Establishment: 1977

#10. Meta Platforms Inc.

Meta is the owner of 3 wildly popular social media platforms – Facebook, WhatsApp, and Instagram. You will find no smartphone without these three applications.

Facebook Reality Labs is also operated by Meta, and presently Meta is focused on developing the Metaverse, which would be an expensive virtual world combining aspects of social media, augmented reality, cryptocurrencies, and online gaming.

  • Revenue of the Company: 117.9 billion dollars
  • Net Income of the Company: 39.4 billion dollars
  • Market Cap: 449 billion dollars
  • Year of Establishment: 2004

Conclusion

The companies that we have discussed above are the 10 richest companies in the USA, as of September 2022.

We hope that it was an insightful read for you and you have enjoyed reading it.

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