Largest Companies by Market Cap - September 2024
How these values were calculated
- Reconstructed, not recorded
- The share counts in force at the close of September 2024 were not recorded at the time. Each value marked est. is that month's closing price multiplied by the share count on record today, so a buyback or an issuance since then moves it. The closing prices are exact; the share counts are today's.
- What that changes
- Ranks near each other can swap, and a company whose share count changed sharply since September 2024 carries the largest error. Months recorded while their inputs were current carry no marker.
Swipe or scroll the table sideways for more columns.
PDD Holdings Inc. American (PDD) was the standout, climbing 38 ranks to No. 49 from No. 87. In the top 10, Tesla, Inc. (TSLA) rose 2 ranks to No. 7 from No. 9. Taiwan Semiconductor Manufacturing Company Ltd. (TSM) held No. 8, while Eli Lilly & Co. (LLY) fell 2 ranks to No. 9 from No. 7. The top-10 reshuffle involved TSLA, TSM and LLY.
Fiserv, Inc. (FI) entered the ranking at rank 129. Fiserv, Inc. (FISV) departed from rank 133. Brookfield Wealth Solutions Ltd. (BNT) entered at rank 735.
Among the sharpest fallers, Regeneron Pharmaceuticals Inc (REGN) fell 21 ranks to No. 114 from No. 93. TotalEnergies SE (TTE) fell 14 ranks to No. 84 from No. 70. Other notable fallers included Shell plc American (SHEL), Elevance Health, Inc. (ELV), Union Pacific Corp. (UNP), Boeing Company (BA), Goldman Sachs Group Inc. (GS), Palo Alto Networks, Inc. (PANW), ConocoPhillips (COP), Wells Fargo & Co. (WFC), Adobe Inc. (ADBE) and Novartis AG (NVS), which also fell.
Other prominent climbers included Alibaba Group Holding Limited American (BABA), BHP Group Limited American (BHP), AT&T Inc. (T), Arista Networks (ANET) and Intel Corp (INTC). Caterpillar Inc. (CAT), KKR & Co. Inc. (KKR), Lowe's Companies Inc. (LOW), Eaton Corporation, plc (ETN), Verizon Communications (VZ) and Booking Holdings Inc. (BKNG) also climbed.
This comparison uses reconstructed rankings for both
Compares this month's close with the previous month's close. A company that shifted only because another entered or left the ranking above it is not counted as having moved.
About this ranking
This page ranks 948 US-listed companies by the market capitalization each one carried at the close of September 2024. The values do not change, because September 2024 is over; this is what the ranking looked like then, and it will look the same the next time you visit.
Market capitalization is the share price multiplied by the number of shares outstanding. Each figure on this page uses that month's closing share price, so the ranking reflects the market as it stood at the close of September 2024 rather than today. Rank Change compares each company's position with its position at the end of the previous month. A company whose position shifted only because another company entered or left the ranking above it shows no change, because it did not move.
This month was reconstructed: the closing prices are the ones recorded for September 2024, but the share counts are today's, so every value marked est. carries the share-count drift since then.
For the ranking at today's prices, see the live market cap ranking.