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Largest Companies by Market Cap - November 2025

The largest US-listed companies by market capitalization as the market stood at the close of November 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 November 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 November 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
201
MDLZ
Mondelez International, Inc.
$73.48B est.
▼ 4
Consumer Defensive
202
ELV
Elevance Health, Inc.
$73.36B est.
▲ 10
Healthcare
203
CI
The Cigna Group
$73.35B est.
▲ 26
Healthcare
204
MNST
Monster Beverage Corporation
$73.34B est.
▲ 24
Consumer Defensive
205
GLW
Corning Incorporated
$72.53B est.
▼ 17
Technology
206
COIN
Coinbase Global, Inc.
$71.88B est.
▼ 47
Financial Services
207
COR
Cencora, Inc.
$71.78B est.
▲ 20
Healthcare
208
ITW
Illinois Tool Works Inc.
$71.72B est.
▲ 2
Industrials
209
RCL
Royal Caribbean Group
$71.21B est.
▼ 20
Consumer Cyclical
210
NET
Cloudflare, Inc.
$71.06B est.
▼ 49
Technology
211
EPD
Enterprise Products Partners L.P.
$70.83B est.
▲ 14
Energy
212
INFY
Infosys Limited
$70.79B est.
▲ 11
Technology
213
RELX
RELX PLC
$70.58B est.
▼ 26
Industrials
214
ABNB
Airbnb, Inc.
$70.51B est.
▼ 24
Consumer Cyclical
215
JCI
Johnson Controls International plc
$70.45B est.
▼ 4
Industrials
216
CNQ
Canadian Natural Resources Limited
$70.09B est.
▲ 10
Energy
217
AEP
American Electric Power Company, Inc.
$69.88B est.
—
Utilities
218
PWR
Quanta Services, Inc.
$69.76B est.
▲ 3
Industrials
219
AMX
America Movil S.A.B de C.V
$69.36B est.
▼ 4
Communication Services
220
B
Barrick Mining Corporation
$69.27B est.
▲ 45
Basic Materials
221
VRT
Vertiv Holdings Co
$69.19B est.
▼ 27
Industrials
222
RACE
Ferrari N.V.
$69.18B est.
▼ 14
Consumer Cyclical
223
CMI
Cummins Inc.
$68.72B est.
▲ 21
Industrials
224
RBLX
Roblox Corporation
$68.04B est.
▼ 44
Communication Services
225
DB
Deutsche Bank AG
$66.84B est.
▼ 3
Financial Services
226
RSG
Republic Services, Inc.
$66.78B est.
▲ 5
Industrials
227
NWG
NatWest Group plc
$66.61B est.
▲ 13
Financial Services
228
NSC
Norfolk Southern Corp.
$65.61B est.
▲ 5
Industrials
229
CSX
CSX Corporation
$65.50B est.
▼ 5
Industrials
230
TEL
TE Connectivity plc
$65.47B est.
▼ 23
Technology
231
FDX
FedEx Corporation
$65.22B est.
▲ 15
Industrials
232
AZO
AutoZone, Inc.
$64.56B est.
▲ 15
Consumer Cyclical
233
GM
General Motors Company
$64.51B est.
▲ 9
Consumer Cyclical
234
CL
Colgate-Palmolive Company
$64.33B est.
▲ 5
Consumer Defensive
235
HLT
Hilton Worldwide Holdings Inc.
$64.15B est.
▲ 23
Consumer Cyclical
236
ADSK
Autodesk Inc
$64.00B est.
▼ 2
Technology
237
CP
Canadian Pacific Kansas City Limited
$63.79B est.
—
Industrials
238
AJG
Arthur J. Gallagher & Co.
$63.62B est.
▼ 8
Financial Services
239
STX
Seagate Technology Holdings plc
$62.81B est.
▲ 16
Technology
240
MSTR
Strategy Inc
$62.09B est.
▼ 88
Technology
241
SRE
Sempra
$61.92B est.
▲ 4
Utilities
242
FCX
Freeport-McMoRan Inc.
$61.79B est.
▲ 6
Basic Materials
243
MSI
Motorola Solutions, Inc. New
$61.37B est.
▼ 24
Technology
244
TRV
The Travelers Companies, Inc.
$61.08B est.
▲ 20
Financial Services
245
HON
Honeywell International, Inc.
$60.91B est.
▼ 13
Industrials
246
KMI
Kinder Morgan, Inc.
$60.84B est.
▲ 7
Energy
247
SPG
Simon Property Group, Inc.
$60.42B est.
▲ 13
Real Estate
248
VST
Vistra Corp.
$60.31B est.
▼ 13
Utilities
249
ALNY
Alnylam Pharmaceuticals, Inc.
$60.24B est.
▼ 8
Healthcare
250
WBD
Warner Bros. Discovery
$60.17B est.
▲ 13
Communication Services
251
TRI
Thomson Reuters Corporation
$60.05B est.
▼ 33
Industrials
252
FTNT
Fortinet, Inc.
$59.44B est.
▼ 16
Technology
253
IDXX
Idexx Laboratories Inc
$59.39B est.
▲ 39
Healthcare
254
DLR
Digital Realty Trust, Inc.
$59.25B est.
▼ 16
Real Estate
255
MFC
Manulife Financial Corp.
$58.52B est.
▲ 19
Financial Services
256
CNI
Canadian National Railway
$58.17B est.
▼ 2
Industrials
257
APD
Air Products & Chemicals, Inc.
$58.13B est.
▲ 15
Basic Materials
258
ET
Energy Transfer LP
$57.50B est.
▼ 1
Energy
259
EOG
EOG Resources, Inc.
$57.44B est.
▲ 3
Energy
260
EQNR
Equinor ASA
$57.28B est.
▼ 11
Energy
261
ARGX
argenx SE
$57.03B est.
▲ 26
Healthcare
262
TRP
TC Energy Corporation
$57.02B est.
▲ 17
Energy
263
DDOG
Datadog, Inc.
$56.96B est.
▼ 7
Technology
264
TFC
Truist Financial Corporation
$56.81B est.
▲ 4
Financial Services
265
ROST
Ross Stores Inc
$56.57B est.
▲ 23
Consumer Cyclical
266
MPC
Marathon Petroleum Corporation
$56.56B est.
▼ 5
Energy
267
RKT
Rocket Companies, Inc.
$56.53B est.
▲ 42
Financial Services
268
WDC
Western Digital Corp.
$56.30B est.
▲ 13
Technology
269
AFL
Aflac Inc.
$56.15B est.
▼ 2
Financial Services
270
PCAR
Paccar Inc
$55.49B est.
▲ 10
Industrials
271
D
Dominion Energy, Inc
$55.21B est.
▲ 11
Utilities
272
MPLX
MPLX LP
$55.13B est.
▲ 12
Energy
273
E
Eni S.p.A.
$55.00B est.
▼ 4
Energy
274
PSX
Phillips 66
$54.91B est.
▼ 8
Energy
275
ALL
The Allstate Corporation
$54.83B est.
▲ 19
Financial Services
276
SLB
SLB Limited
$53.79B est.
—
Energy
277
VALE
Vale S.A.
$53.78B est.
▲ 6
Basic Materials
278
ZTS
Zoetis Inc.
$53.74B est.
▼ 35
Healthcare
279
O
Realty Income Corporation
$53.72B est.
▼ 8
Real Estate
280
PYPL
PayPal Holdings, Inc.
$53.63B est.
▼ 29
Financial Services
281
BDX
Becton, Dickinson and Co.
$53.46B est.
▲ 14
Healthcare
282
WDAY
Workday, Inc.
$53.26B est.
▼ 32
Technology
283
F
Ford Motor Company
$52.96B est.
▼ 5
Consumer Cyclical
284
SU
Suncor Energy, Inc.
$52.87B est.
▲ 26
Energy
285
VLO
Valero Energy Corporation
$52.49B est.
▲ 6
Energy
286
LHX
L3Harris Technologies, Inc.
$51.92B est.
▼ 13
Industrials
287
ARES
Ares Management Corporation
$51.74B est.
▲ 9
Financial Services
288
XEL
Xcel Energy, Inc.
$51.29B est.
▲ 1
Utilities
289
DEO
Diageo plc
$50.99B est.
▼ 3
Consumer Defensive
290
EA
Electronic Arts Inc
$50.99B est.
—
Communication Services
291
NDAQ
Nasdaq, Inc.
$50.82B est.
▲ 12
Financial Services
292
URI
United Rentals, Inc.
$50.74B est.
▼ 22
Industrials
293
SYM
Symbotic Inc.
$50.66B est.
▲ 5
Industrials
294
CPNG
Coupang, Inc.
$50.55B est.
▼ 35
Consumer Cyclical
295
WPM
Wheaton Precious Metals Corp.
$49.98B est.
▲ 29
Basic Materials
296
EW
Edwards Lifesciences Corp
$49.90B est.
▲ 9
Healthcare
297
BKR
Baker Hughes Company
$49.83B est.
▲ 4
Energy
298
CAH
Cardinal Health, Inc.
$49.71B est.
▲ 17
Healthcare
299
MET
MetLife, Inc.
$49.26B est.
▼ 14
Financial Services
300
NXPI
NXP Semiconductors N.V.
$49.16B est.
▼ 23
Technology
Ranked at close 944 companies
Rows on this page 100 ranks 201–300
Page 3 of 10
Basis Frozen November 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, dropping 28 places from rank 72 to rank 100 between the close of October 2025 and the close of November 2025. Arista Networks (ANET) fell 21 places from rank 60 to rank 81, while Amgen Inc (AMGN) and Welltower Inc. (WELL) each climbed 19 places. Both compared periods were reconstructed, so the comparison is with rebuilt rankings.

Software was the clearest shared decline: Salesforce, Inc. (CRM), ServiceNow, Inc. (NOW) and Shopify Inc. (SHOP) all fell. PDD Holdings Inc. (PDD) and Palo Alto Networks, Inc. (PANW) each fell 15 places, while Eaton Corporation plc (ETN) fell 14.

On the positive side, Merck & Co., Inc. (MRK) climbed 12 places and The TJX Companies, Inc. (TJX) climbed 11. Intuitive Surgical Inc. (ISRG), Applied Materials, Inc. (AMAT), NextEra Energy, Inc. (NEE) and AT&T (T) each climbed 10 places.

At the top, Alphabet Inc. (GOOGL) overtook Microsoft Corp (MSFT), Broadcom Inc. (AVGO) overtook Tesla, Inc. (TSLA), and Eli Lilly and Company (LLY) overtook JPMorgan Chase & Co. (JPM).

AXIA Energia American (AXIA) and Embraer S.A. (EMBJ) entered the ranking. Fiserv, Inc. (FI), Centrais Elétricas Brasileiras S.A.- Eletrobrás American (EBR) and the ERJ listing left it.

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.