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Largest Companies by Market Cap - March 2025

The largest US-listed companies by market capitalization as the market stood at the close of March 2025. This ranking is frozen at that date and does not move with today's prices.
How these values were calculated
Reconstructed, not recorded
The share counts in force at the close of March 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 March 2025 carries the largest error. Months recorded while their inputs were current carry no marker.

Swipe or scroll the table sideways for more columns.

Rank
Symbol
Company Name
Market Cap
Rank Change
Sector
101
MMC
Marsh & McLennan Companies, Inc.
$119.55B est.
▲ 13
Financial Services
102
C
Citigroup Inc.
$119.08B est.
▼ 9
Financial Services
103
FI
Fiserv, Inc.
$118.77B est.
▼ 4
Technology
104
CB
Chubb Limited
$116.51B est.
▲ 15
Financial Services
105
AMAT
Applied Materials, Inc.
$115.22B est.
▼ 5
Technology
106
MDT
Medtronic plc
$115.02B est.
▲ 6
Healthcare
107
INTC
Intel Corp
$114.55B est.
▲ 3
Technology
108
ARM
Arm Holdings
$114.06B est.
▼ 21
Technology
109
SPOT
Spotify Technology S.A.
$113.10B est.
▼ 7
Communication Services
110
IBN
ICICI Bank Limited
$113.07B est.
▲ 18
Financial Services
111
SBUX
Starbucks Corp
$111.82B est.
▼ 16
Consumer Cyclical
112
WELL
Welltower Inc.
$110.43B est.
▲ 6
Real Estate
113
COF
Capital One Financial
$110.00B est.
▼ 9
Financial Services
114
BUD
Anheuser-Busch InBev SA/NV
$106.42B est.
▲ 11
Consumer Defensive
115
ETN
Eaton Corporation plc
$105.55B est.
▲ 1
Industrials
116
BX
Blackstone Inc.
$105.20B est.
▼ 8
Financial Services
117
PLD
Prologis, Inc.
$104.31B est.
▼ 2
Real Estate
118
KKR
KKR & Co. Inc.
$103.80B est.
▼ 11
Financial Services
119
SO
The Southern Company
$103.66B est.
▲ 7
Utilities
120
LMT
Lockheed Martin Corp.
$103.10B est.
▲ 4
Industrials
121
AMT
American Tower Corporation
$101.39B est.
▲ 13
Real Estate
122
MSTR
Strategy Inc
$101.02B est.
▲ 22
Technology
123
MO
Altria Group, Inc.
$100.23B est.
▲ 14
Consumer Defensive
124
TD
Toronto Dominion Bank
$99.02B est.
▲ 6
Financial Services
125
MELI
Mercado Libre, Inc
$98.90B est.
▼ 4
Consumer Cyclical
126
SAN
Banco Santander S.A.
$98.42B est.
▲ 9
Financial Services
127
SMFG
Sumitomo Mitsui Financial Group, Inc.
$98.35B est.
▲ 5
Financial Services
128
ADI
Analog Devices, Inc.
$98.23B est.
▼ 11
Technology
129
MU
Micron Technology, Inc.
$98.13B est.
▼ 7
Technology
130
ANET
Arista Networks
$97.56B est.
▼ 17
Technology
131
ICE
Intercontinental Exchange Inc.
$97.55B est.
—
Financial Services
132
ENB
Enbridge, Inc
$96.77B est.
▲ 4
Energy
133
CME
CME Group Inc.
$96.13B est.
▲ 7
Financial Services
134
DUK
Duke Energy Corporation
$95.09B est.
▲ 7
Utilities
135
ELV
Elevance Health, Inc.
$94.33B est.
▲ 21
Healthcare
136
NKE
Nike, Inc.
$94.17B est.
▼ 25
Consumer Cyclical
137
UBS
UBS Group AG
$93.78B est.
▼ 14
Financial Services
138
UPS
United Parcel Service, Inc.
$93.49B est.
▼ 11
Industrials
139
WM
Waste Management, Inc.
$92.54B est.
▼ 1
Industrials
140
PBR
Petroleo Brasileiro S.A.-Petrobras
$92.41B est.
▲ 18
Energy
141
LRCX
Lam Research Corp
$90.92B est.
▼ 8
Technology
142
CRWD
CrowdStrike Holdings
$89.76B est.
▼ 13
Technology
143
BTI
British American Tobacco p.l.c.
$89.58B est.
▲ 17
Consumer Defensive
144
APP
Applovin Corporation
$89.01B est.
▼ 24
Communication Services
145
KLAC
KLA Corporation
$88.80B est.
▼ 6
Technology
146
AJG
Arthur J. Gallagher & Co.
$88.71B est.
▲ 5
Financial Services
147
RELX
RELX PLC
$88.48B est.
▲ 12
Industrials
148
BP
BP p.l.c.
$88.43B est.
▲ 4
Energy
149
CI
The Cigna Group
$87.03B est.
▲ 19
Healthcare
150
MDLZ
Mondelez International, Inc.
$86.60B est.
▲ 16
Consumer Defensive
151
CVS
CVS Health Corporation
$86.44B est.
▲ 11
Healthcare
152
SHW
The Sherwin-Williams Company
$84.77B est.
▼ 5
Basic Materials
153
AON
Aon plc
$84.66B est.
▼ 3
Financial Services
154
CTAS
Cintas Corp
$82.25B est.
▲ 10
Industrials
155
SNPS
Synopsys Inc
$82.12B est.
▼ 7
Technology
156
GEV
GE Vernova
$81.31B est.
▼ 11
Industrials
157
APH
Amphenol Corporation
$80.69B est.
▲ 10
Technology
158
MCO
Moody's Corporation
$80.65B est.
▼ 9
Financial Services
159
EQIX
Equinix, Inc.
$80.45B est.
▼ 13
Real Estate
160
SE
Sea Limited
$79.92B est.
▲ 15
Consumer Cyclical
161
DASH
DoorDash, Inc.
$79.64B est.
▼ 7
Consumer Cyclical
162
ORLY
O'Reilly Automotive, Inc.
$79.15B est.
▲ 19
Consumer Cyclical
163
APO
Apollo Global Management, Inc.
$78.95B est.
▼ 6
Financial Services
164
MCK
McKesson Corporation
$78.79B est.
▲ 19
Healthcare
165
GSK
GSK plc
$78.36B est.
▲ 14
Healthcare
166
BN
Brookfield Corporation
$78.17B est.
▼ 11
Financial Services
167
TDG
TransDigm Group Incorporated
$77.37B est.
▲ 10
Industrials
168
BAM
Brookfield Asset Management Ltd.
$77.36B est.
▼ 26
Financial Services
169
PH
Parker-Hannifin Corporation
$76.64B est.
▼ 8
Industrials
170
BBVA
Banco Bilbao Vizcaya Argentaria, S.A.
$76.61B est.
▲ 14
Financial Services
171
TRI
Thomson Reuters Corporation
$76.61B est.
▲ 1
Industrials
172
MMM
3M Company
$75.74B est.
▼ 1
Industrials
173
RACE
Ferrari N.V.
$75.53B est.
▼ 8
Consumer Cyclical
174
RIO
Rio Tinto plc
$75.46B est.
▲ 4
Basic Materials
175
CL
Colgate-Palmolive Company
$74.98B est.
▲ 14
Consumer Defensive
176
HCA
HCA Healthcare, Inc.
$74.81B est.
▲ 32
Healthcare
177
RSG
Republic Services, Inc.
$74.50B est.
▲ 13
Industrials
178
TT
Trane Technologies plc
$74.48B est.
▼ 4
Industrials
179
SCCO
Southern Copper Corporation
$74.41B est.
▲ 16
Basic Materials
180
INFY
Infosys Limited
$73.91B est.
▼ 11
Technology
181
EPD
Enterprise Products Partners L.P.
$73.86B est.
▲ 10
Energy
182
GD
General Dynamics Corporation
$73.75B est.
▲ 21
Industrials
183
WMB
Williams Companies Inc.
$73.09B est.
▲ 11
Energy
184
NOC
Northrop Grumman Corp.
$72.74B est.
▲ 26
Industrials
185
MSI
Motorola Solutions, Inc. New
$72.67B est.
▲ 2
Technology
186
CEG
Constellation Energy
$72.41B est.
▼ 43
Utilities
187
ABNB
Airbnb, Inc.
$72.00B est.
▼ 24
Consumer Cyclical
188
ITW
Illinois Tool Works Inc.
$71.35B est.
▼ 8
Industrials
189
ECL
Ecolab, Inc.
$71.35B est.
▼ 7
Basic Materials
190
FTNT
Fortinet, Inc.
$70.52B est.
▼ 17
Technology
191
IBKR
Interactive Brokers Group, Inc.
$70.22B est.
▼ 38
Financial Services
192
PNC
PNC Financial Services Group
$70.13B est.
▼ 16
Financial Services
193
CDNS
Cadence Design Systems
$70.04B est.
▲ 5
Technology
194
ZTS
Zoetis Inc.
$69.03B est.
▲ 3
Healthcare
195
EOG
EOG Resources, Inc.
$68.30B est.
▲ 10
Energy
196
MFG
Mizuho Financial Group, Inc.
$67.18B est.
▲ 3
Financial Services
197
BMO
Bank of Montreal
$66.90B est.
▼ 4
Financial Services
198
REGN
Regeneron Pharmaceuticals Inc
$66.49B est.
▼ 12
Healthcare
199
EQNR
Equinor ASA
$66.13B est.
▲ 32
Energy
200
NTES
NetEase, inc.
$65.89B est.
▲ 12
Communication Services
Ranked at close 948 companies
Rows on this page 100 ranks 101–200
Page 2 of 10
Basis Frozen March 2025 close
Market caps are the share price multiplied by shares outstanding, and a company trading under several share classes appears once. This ranking is informational and is not investment advice.

What changed in this ranking

AI-generated summary by Rhea-AI, written on . How Rhea-AI works.

Arm Holdings (ARM) was the biggest faller between the close of March 2025 and the close of February 2025, dropping 21 places from rank 87 to rank 108. At the top of the table, Microsoft Corp (MSFT) overtook Nvidia Corp (NVDA) for No. 2, while Taiwan Semiconductor Manufacturing (TSM) overtook Broadcom Inc. (AVGO) for No. 8.

The Services-prepackaged Software sector was a notable weak spot, with Shopify Inc. (SHOP), Adobe Inc. (ADBE), ServiceNow, Inc. (NOW) and Salesforce, Inc. (CRM) all falling. Their declines were 13, 10, 9 and 7 places, respectively. The leading climbers were Mitsubishi UFJ Financial Group, Inc. (MUFG), up 16 places to rank 69, and ConocoPhillips (COP), up 15 places to rank 94. HDFC Bank Limited (HDB), Unilever plc (UL) and TotalEnergies SE (TTE) each climbed 12 places.

CoreWeave, Inc. (CRWV) made its debut in the ranking at rank 515. BitMine Immersion Technologies, Inc. (BMNR) appeared at rank 917 because its absence reflected the universe boundary, while Aspen Technology Inc (AZPN) left from rank 598. Both period rankings were reconstructed.

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.