The 20 Most Valuable Companies in the World

It seems like the most valuable companies should be those whose products and services we use on a near-daily basis. And according to Forbes’s most recent list, they are: The top five highest-valued brands in the world are Apple, Google, Microsoft, Amazon, and Facebook.

The annual study is based on a complex mixture of metrics that cover revenue and earnings, tax rates, price-to-earnings ratios, and capital employed. Since the data is from 2017 to 2019, the list doesn’t reflect how the coronavirus pandemic has affected the companies in question. That said, it does reflect what many have long assumed: that Big Tech is running laps around all the other industries. The top five are all considered technology companies, as are four others in the top 20 (Samsung, Intel, Cisco, and Oracle). Other companies aren’t in the technology category, but they own lucrative offshoots that are. Disney, in seventh place with an estimated value of $61.3 billion, falls under the “leisure” umbrella—but Disney+ itself would likely be marked “technology.” (Netflix is.)

The list isn’t completely devoid of time-tested classics that don’t involve software or hardware. Coca-Cola edged out Disney by about $3 billion to take sixth place; Toyota placed 11th with a brand value of $41.5 billion; and McDonald’s just cracked the top 10 with $46.1 billion. Louis Vuitton, Nike, and Walmart all also made the top 20.

Just because a brand ranked high on this year’s list doesn’t necessarily mean it’s doing well (and vice versa). Facebook, for example, suffered a 21-percent decrease in brand value compared to Forbes’ 2019 list—the largest loss of all 200 companies included in the study. Netflix’s brand value, on the other hand, jumped a staggering 72 percent from 2019 to 2020. With an estimated $26.7 billion value, it still missed the top 20 by six spots.

See Forbes’s top 20 below, and check out the full list here.

1. Apple // $241.2 billion

1. Google // $207.5 billion

1. Microsoft // $162.9 billion

1. Amazon // $135.4 billion

1. Facebook // $70.3 billion

1. Coca-Cola // $64.4 billion

1. Disney // $61.3 billion

1. Samsung // $50.4 billion

1. Louis Vuitton // $47.2 billion

1. McDonald’s // $46.1 billion

1. Toyota // $41.5 billion

1. Intel // $39.5 billion

1. Nike // $39.1 billion

1. AT&T // $37.3 billion

1. Cisco // $36 billion

1. Oracle // $35.7 billion

1. Verizon // $32.3 billion

1. Visa // $31.8 billion

1. Walmart // $29.5 billion

1. GE // $29.5 billion

[h/t Forbes]