While no company has reached an annual revenue of $1 trillion according to the information provided, several prominent companies have surpassed a $1 trillion market capitalization. Market capitalization refers to the total value of a company's outstanding shares, which is calculated by multiplying the number of shares by the current share price. This metric reflects the market's perception of a company's value and future earnings potential, rather than its yearly sales.
Key Companies Surpassing $1 Trillion Market Capitalization
Based on available information, the following companies have achieved a market capitalization exceeding $1 trillion:
Company | When First Passed $1 Trillion | Record Market Capitalization Date |
---|---|---|
Amazon | 4 September 2018 | 6 December 2024 |
Alphabet | 16 January 2020 | 11 December 2024 |
Meta | 28 June 2021 | 6 December 2024 |
These companies primarily operate in the technology and e-commerce sectors, demonstrating significant growth and investor confidence that have propelled their market valuations to extraordinary levels. Achieving a $1 trillion market capitalization is a rare milestone, reflecting a company's dominant position in its industry and substantial global impact.