Largest firms on the NYSE U.S. 100 Index 2023, by market cap
The NYSE U.S. 100 Index tracks the largest U.S. companies traded on the New York Stock Exchange. This statistic shows the leading 20 companies on the NYSE U.S. 100 Index by market capitalization. As of June 3, 2024 the multinational conglomerate company Berkshire Hathaway ranked as the first, with a market capitalization of nearly 900 billion euros. This was followed by Eli Lilly and Company and JP Morgan Chase, with market capitalizations amounting to 779 and 581 billion euros respectively.
NYSE U.S. 100 Index vs. Nasdaq 100 Index
The New York Stock Exchange and the Nasdaq are the largest two stock exchanges in the world, but they differ in the kinds of companies they list. The NYSE is known to list stable and long-lasting firms, commonly referred to as “blue-chip” companies. In contrast, the Nasdaq is renowned for listing the world’s biggest companies, mainly from the tech industry. Similar to the NYSE U.S. 100 Index, the Nasdaq 100 Index tracks the 100 largest non-financial companies listed on the Nasdaq exchange, including both U.S. and non-U.S. companies.
The leader of the NYSE U.S. 100 index: Berkshire Hathaway
Berkshire Hathaway, the leader of the NYSE U.S. 100 Index, was also among the world's largest companies by revenue in 2023. The company is a multinational conglomerate and holding company with insurance as its core business and interests in other sectors such as railroad, utilities and energy, finance. In fact, Berkshire was the world's biggest insurance company by revenue in 2022. As a holding company, it has significant stakes in some of the world’s largest companies, including Apple, Bank of America and Coca-Cola. With its diverse background in various businesses and industries, Berkshire Hathaway had a total revenue of over 302 billion U.S. dollars in 2022.