Global Top 100 companies - by market capitalisation May 2022Contents 03 09 14 16 Highlights Supplementary analysis Methodology Complete ranking PwC | Global Top 100 companies - by market capitalisation 2Highlights PwC | Global Top 100 companies - by market capitalisation 3Highlights This publication analyses the Global Top 100 Companies (by market capitalisation) and highlights the changes in the composition of the list, comparing the Global Top 100 Companies by market capitalisation as at 31 March 2022, 31 March 2021 and other relevant periods. As a point of reference, the MSCI World Index increased by 9% in the year to 31 March 2022. Short term volatility diverges from the long term trend - Apple loses its top spot in May 2022 again (held for 9 years excepting 2019 and 2020) The longer term trend is clear - the growth in value of the worlds largest Technology companies is enduring. Over the past 10 years Apple has continuously held the position of the world’s most valuable public company, however, in May 2022 Saudi Aramco marginally overtook Apple with a market capitalisation in excess of $2.4tn. The same happened in 2020, where soon after the IPO of the Sa