Largest Companies by Market Cap - August 2025
How these values were calculated
- Reconstructed, not recorded
- The share counts in force at the close of August 2025 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 August 2025 carries the largest error. Months recorded while their inputs were current carry no marker.
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What changed in this ranking
AI-generated summary by Rhea-AI, written on . How Rhea-AI works.
The sharpest faller between
The strongest climbers were Applovin Corporation (APP), Lowe's Companies Inc. (LOW), Novo Nordisk A/S (NVO), Shopify Inc. (SHOP) and BHP Group Limited (BHP). APP rose 22 places to rank 80 from rank 102. LOW gained 19 places to rank 89 from rank 108. NVO climbed 13 places to rank 37 from rank 50. SHOP rose 12 places to rank 63 from rank 75. BHP gained 12 places to rank 94 from rank 106.
In the top 10, Alphabet Inc. (GOOGL) overtook Amazon.com, Inc. (AMZN), while Tesla, Inc. (TSLA) overtook Taiwan Semiconductor Manufacturing (TSM). GOOGL rose 1 place to rank 4 from rank 5. AMZN fell 1 place to rank 5 from rank 4. TSLA rose 1 place to rank 8 from rank 9. TSM fell 1 place to rank 9 from rank 8.
No companies newly joined the ranking, while Paramount Global (PARAA) and Walgreens Boots Alliance, Inc (WBA) left it. Both compared periods were reconstructed, so the comparison uses rebuilt rankings for the close of July 2025 and the close of August 2025.
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.