Welcome to the big boys club.
With total annual sales, market capitalization, gross profits and total assets each in the multibillions of dollars, the WWD list of the top 25 public companies is a tough club to enter.
Number-one is megaretailer Wal-Mart Stores Inc. with annual sales of more than $485 billion and a market cap of more than $250 billion. The company garnered $120 billion in gross profits and has more than $203 billion worth of assets on its balance sheet.
How big is Wal-Mart, though? To put it in perspective, the retailer’s annual sales are larger than the 24 other top companies combined.
Number-two on the list is Procter & Gamble, which is looking to divest its beauty brands, which has annual sales of $83 billion, and brings home gross profits of $41 billion. The consumer products company’s market cap is a robust $216 billion, and its assets total $144 billion.
Next on the list are Target Corp. and Nike Inc., at spots three and four, respectively, and which seem to be grossly dwarfed by the top two companies. Target’s annual gross profits are half of P&G’s at $21 billion on sales of $73 billion. The mass retailer’s total assets are $41 billion – more than $100 billion less than P&G’s and miles below Wal-Mart. Target’s market cap came in at $50 billion.
At Nike, gross profits are $12 billion on sales of $28 billion. The footwear and sports apparel company has total assets of $19 billion, and market cap of $85 billion.
An analysis of the list reveals some interesting trends. Most notable is that market cap (the total values of the company’s shares) pushed a lot of companies up on the list. In many cases, the top companies often had higher market caps than annual sales.
For example, P&G, Nike, TJX Cos. Inc., VF Corp., Estée Lauder Cos. Inc., L Brands, Ralph Lauren, Ross Stores, Hanesbrands, Under Armour, Tiffany & Co., Coty Inc., Coach and Michael Kors all had significantly higher market caps when compared to annual sales.
Conversely, there were several companies that boasted higher annual sales than market caps. These included Wal-Mart, Target, Macy’s, Sears, Kohl’s, J.C. Penney, Avon and Dillard’s.
The list was compiled from the North America companies that are components of the WWD Global Stock Tracker.