September19
The biggest companies in 2011:
1. Wal-Mart Stores ( Previous rank: 1 )
Employees: 2,100,000
Revenues ($ millions): 421,849
Profits ($ millions): 16,389
Wal-Mart Stores maintains its perch atop the corporate ladder, taking the top spot on this year”s Fortune”s 500 and Global 500 lists, both for the second year in a row.

2. Royal Dutch Shell ( Previous rank: 2 )
Employees: 97,000
Revenues ($ millions): 378,152
Profits ($ millions): 20,127
Royal Dutch Shell”s earnings were up 61% in 2010 from the previous year, with $20.5 billion in income for the year. And its stock has performed well (it”s up 7.2% year-to-date).
3. Exxon Mobil ( Previous rank: 3 )
Employees: 103,700
Revenues ($ millions): 354,674
Profits ($ millions): 30,460
Like all of the oil majors, ExxonMobil has had to weather a highly volatile year. Nevertheless, Exxon continues to perform well: the company”s 2010 net earnings grew 57% from the previous year to $30.5 billion.
4. BP ( Previous rank: 4 )
Employees: 79,700
Revenues ($ millions): 308,928
Profits ($ millions): -3,719
Not even the past year”s massive oil spill in the Gulf of Mexico can really sink BP. BP has said it would raise $30 billion to pay for the claims following the explosion of the Deepwater Horizon rig, and the company has shucked assets throughout the year to do so.
5. Sinopec Group ( Previous rank: 7 )
Employees: 640,535
Revenues ($ millions): 273,422
Profits ($ millions): 7,629
China”s largest oil producer and refiner continues to grow. Indeed, it”s becoming increasingly difficult to tell the difference between Sinopec (which is also known as China Petroleum and Chemical Corp.) and major multinational oil and gas companies.
6. China National Petroleum ( Previous rank: 10 )
Employees: 1,674,541
Revenues ($ millions): 240,192
Profits ($ millions): 14,367
China”s appetite for energy seems almost insatiable, and the nation”s largest oil company continues to rush to meet the country”s needs. China National Petroleum made a profit in 2010, and it claims that it was able to add new oil and gas reserves to its portfolio quickly enough to keep the company flush with fuel.
7. State Grid ( Previous rank: 8 )
Employees: 1,564,000
Revenues ($ millions): 226,294
Profits ($ millions): 4,556
China”s top power company is expanding along with the nation”s growing energy needs, moving up one spot to No. 7 from last year”s Global 500 list. Founded in 2002, the company claims it now supplies energy to over a billion people across 26 Chinese provinces.
8. Toyota Motor ( Previous rank: 5 )
Employees: 317,716
Revenues ($ millions): 221,760
Profits ($ millions): 4,766
Toyota recently put two years of record-level recalls behind it only to face yet another crisis. The automaker now has to cope with a slowdown in production due to massive factory damage caused by March”s devastating earthquake and tsunami in Japan.

9. Japan Post Holdings ( Previous rank: 6 )
Employees: 233,000
Revenues ($ millions): 203,958
Profits ($ millions): 4,891
Japan Post Holdings made the Fortune Global 500 list for the first time two years ago and, in many ways, it is representative of Japan”s slow effort to pull itself out of economic decline. The postal service in Japan was privatized in 2005 and split into four companies with the goal of ultimately spinning off the four divisions by 2017. But a new government administration reversed course in 2010 and has blocked plans for the companies to file initial public offerings.
10. Chevron ( Previous rank: 11 )
Employees: 62,196
Revenues ($ millions): 196,337
Profits ($ millions): 19,024
This year, Chevron took steps to get a little less refined. The company sold its Pembroke refinery in Ireland and other downstream assets in Africa and the Caribbean, and it is trying to focus more on production. Its efforts have made the company cash-heavy, with a net cash position of $5.3 billion at the end of the first quarter of 2011.
Source: money.cnn.com