Stocks
Charted: Companies in the Nasdaq 100, by Weight
Charted: Companies in the Nasdaq 100, by Weight
Launched in 1985, the Nasdaq 100 index tracks the performance of the largest, and most actively-traded, non-financial companies listed on the Nasdaq stock exchange.
The index is capitalization-weighted, meaning that stock weights in the index are based on each company’s market cap (with some rules to rebalance if companies have an oversized influence). For example, leaders Apple and Microsoft amounted to more than one-fourth of the Nasdaq 100’s total market capitalization alone as of April 2023.
One of the most well-known trackers of the index, Invesco QQQ’s ETF, is the data source for today’s visualization by Truman Du.
Just 7 Companies Dominate the Nasdaq 100
Microsoft and Apple, together with the next five ranked companies, made up over 50% of the total weight of the index in April. These companies are: Alphabet (Google), Amazon, NVIDIA, Meta, and Tesla, with Alphabet’s class A and class C shares occupying two spots.
Here’s a breakdown of all 100 companies on the Nasdaq 100, by percentage weight in the index on April 19, 2023.
Company | Allocation |
---|---|
Microsoft | 12.63% |
Apple | 12.60% |
Amazon | 6.31% |
NVIDIA | 5.29% |
Alphabet (Class A) | 3.74% |
Alphabet (Class C) | 3.70% |
Meta (Class A) | 3.68% |
Tesla | 3.38% |
Broadcom | 2.03% |
PepsiCo | 1.95% |
Costco | 1.69% |
Cisco | 1.51% |
T-Mobile | 1.39% |
Adobe | 1.33% |
Comcast (Class A) | 1.23% |
Texas Instruments | 1.23% |
AMD | 1.11% |
Netflix | 1.10% |
Qualcomm | 1.01% |
Honeywell International | 1.01% |
Amgen | 1.01% |
Intel | 0.99% |
Intuit | 0.96% |
Starbucks | 0.94% |
Gilead Sciences | 0.80% |
Intuitive Surgical | 0.80% |
Booking Holdings | 0.77% |
Mondelez International (Class A) | 0.74% |
Analog Devices | 0.73% |
Applied Materials | 0.71% |
Automatic Data Processing | 0.69% |
Regeneron Pharmaceuticals | 0.67% |
PayPal Holdings | 0.65% |
Vertex Pharmaceuticals | 0.65% |
Fiserv | 0.56% |
Activision Blizzard | 0.51% |
Lam Research | 0.51% |
Micron Technology | 0.51% |
MercadoLibre | 0.50% |
CSX Corp | 0.48% |
Palo Alto Networks | 0.45% |
Cadence Design | 0.45% |
Synopsys | 0.44% |
O'Reilly Automotive | 0.43% |
Moderna | 0.42% |
ASML Holding NV ADR | 0.42% |
Monster Beverage | 0.42% |
Marriott (Class A) | 0.41% |
Fortinet | 0.40% |
Charter Communications (Class A) | 0.40% |
KLA Corp | 0.38% |
Keurig Dr Pepper | 0.38% |
Airbnb (Class A) | 0.38% |
Kraft Heinz | 0.37% |
American Electric Power | 0.37% |
DexCom | 0.37% |
Cintas Corp | 0.35% |
Lululemon | 0.35% |
AstraZeneca PLC ADR | 0.35% |
NXP Semiconductors NV | 0.34% |
Microchip Technology | 0.33% |
Exelon Corp | 0.33% |
Autodesk | 0.33% |
Biogen | 0.32% |
PDD Holdings Inc ADR | 0.32% |
IDEXX Laboratories | 0.31% |
Paychex | 0.30% |
Workday (Class A) | 0.30% |
Xcel Energy | 0.30% |
Seagen | 0.29% |
PACCAR | 0.29% |
ODFL | 0.29% |
Copart | 0.29% |
Illumina | 0.28% |
Ross Stores | 0.28% |
EA | 0.27% |
Marvell Technology | 0.27% |
Global Foundries | 0.27% |
Warner Bros. Discovery (Class A) | 0.27% |
Dollar Tree | 0.25% |
Baker Hughes (Class A) | 0.24% |
Fastenal | 0.24% |
Cognizant (Class A) | 0.24% |
Enphase Energy | 0.23% |
Walgreens Boots | 0.23% |
Verisk Analytics | 0.23% |
CrowdStrike Holdings (Class A) | 0.22% |
CoStar Group | 0.22% |
Ansys | 0.22% |
Align Technology | 0.21% |
Diamondback Energy | 0.20% |
Constellation Energy | 0.19% |
Atlassian Corp A | 0.19% |
eBay | 0.18% |
Datadog (Class A) | 0.16% |
JD.com ADR | 0.13% |
Zoom | 0.13% |
Sirius XM Holdings | 0.12% |
Zscaler | 0.11% |
Lucid Group | 0.11% |
Rivian (Class A) | 0.09% |
The dominance of these seven companies within the NASDAQ 100 is a reflection of how central they are to large parts of the wider consumer economy. The economic output and influence of the tech giants speaks for themselves, and Tesla still leads the (rapidly crowding) electric vehicle market.
Perhaps the underdog of the bunch is NVIDIA, which produces graphics processing units (GPUs) that power the visuals in many electronic devices and, more recently, artificial intelligence (AI) systems. The latter in particular has made investors incredibly bullish on the company, as NVIDIA’s stock has risen and the company has recently joined the coveted $1 trillion club.
It’s important to note that this snapshot changes drastically over time. For example, Intel and Cisco were massive components of the Nasdaq 100 in the 2000s but have seen their allocations drop, while others like Yahoo! are no longer publicly traded.
The Pros and Cons of Market Consolidation
Such imbalance in the Nasdaq 100 has both benefits and downsides.
The success of the biggest contingents can pull up the entire index, and the Nasdaq 100 has consistently outperformed broader markets. In fact, $10,000 invested in the Nasdaq 100 in 2013 would be worth $50,000 today, while the same investment in the S&P 500 would now be $30,000.
However, if even one of these large companies underperforms, it can have a major impact on the entire index. This outsized influence can also hide general market woes that may be affecting many other components of the index, and the economy.
With the advent of large language models of AI in 2022, the tech sector is on a precipice. Will AI lead to further profitability—and bigger market caps—or will it render entire companies defunct, leading to a big shakeup in the composition of the Nasdaq 100 index?

This article was published as a part of Visual Capitalist's Creator Program, which features data-driven visuals from some of our favorite Creators around the world.
Markets
Ranked: The World’s 50 Most Valuable Companies in 2025
Discover the 50 most valuable companies in the world in May 2025, ranked by their market capitalization.

The World’s 50 Most Valuable Companies in May 2025
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
Key Takeaways
- This graphic shows the 50 most valuable companies globally, based on May 5, 2025 market capitalizations
- The U.S. has the highest representation in this ranking with 32 companies, followed by China at 5 companies
The world’s most valuable companies hold immense sway over the global economy, shaping everything from technology to consumer trends. As of May 2025, U.S. giants like Apple, Microsoft, and Nvidia are worth trillions of dollars, reflecting America’s long-standing leadership in innovation and capital markets.
In this graphic, we rank the world’s 50 most valuable companies, color coding them according to their country of origin.
Data & Discussion
The figures we used to create this graphic were sourced from companiesmarketcap.com, as of May 5, 2025.
Rank | Name | Country | Market Cap |
---|---|---|---|
1 | Microsoft | 🇺🇸 United States | $3,241,850,000,000 |
2 | Apple | 🇺🇸 United States | $2,970,580,000,000 |
3 | NVIDIA | 🇺🇸 United States | $2,777,210,000,000 |
4 | Alphabet | 🇺🇸 United States | $2,003,080,000,000 |
5 | Amazon | 🇺🇸 United States | $1,978,370,000,000 |
6 | Saudi Aramco | 🇸🇦 Saudi Arabia | $1,622,480,000,000 |
7 | Meta | 🇺🇸 United States | $1,512,830,000,000 |
8 | Berkshire Hathaway | 🇺🇸 United States | $1,104,700,000,000 |
9 | Broadcom | 🇺🇸 United States | $943,775,000,000 |
10 | TSMC | 🇹🇼 Taiwan | $914,907,000,000 |
11 | Tesla | 🇺🇸 United States | $902,706,000,000 |
12 | Walmart | 🇺🇸 United States | $794,728,000,000 |
13 | Eli Lilly | 🇺🇸 United States | $737,662,000,000 |
14 | JPMorgan Chase | 🇺🇸 United States | $701,887,000,000 |
15 | Visa | 🇺🇸 United States | $668,214,000,000 |
16 | Tencent | 🇨🇳 China | $579,706,000,000 |
17 | Mastercard | 🇺🇸 United States | $509,590,000,000 |
18 | Netflix | 🇺🇸 United States | $482,623,000,000 |
19 | Costco | 🇺🇸 United States | $450,289,000,000 |
20 | Exxon Mobil | 🇺🇸 United States | $445,094,000,000 |
21 | Oracle | 🇺🇸 United States | $418,643,000,000 |
22 | Johnson & Johnson | 🇺🇸 United States | $372,941,000,000 |
23 | Procter & Gamble | 🇺🇸 United States | $372,383,000,000 |
24 | UnitedHealth | 🇺🇸 United States | $368,468,000,000 |
25 | Home Depot | 🇺🇸 United States | $359,534,000,000 |
26 | SAP | 🇩🇪 Germany | $353,045,000,000 |
27 | AbbVie | 🇺🇸 United States | $346,844,000,000 |
28 | ICBC | 🇨🇳 China | $319,841,000,000 |
29 | Bank of America | 🇺🇸 United States | $309,711,000,000 |
30 | Coca-Cola | 🇺🇸 United States | $308,616,000,000 |
31 | Novo Nordisk | 🇩🇰 Denmark | $305,812,000,000 |
32 | Alibaba | 🇨🇳 China | $302,206,000,000 |
33 | Hermès | 🇫🇷 France | $292,331,000,000 |
34 | Palantir | 🇺🇸 United States | $292,059,000,000 |
35 | T-Mobile US | 🇺🇸 United States | $281,932,000,000 |
36 | LVMH | 🇫🇷 France | $277,473,000,000 |
37 | Nestlé | 🇨🇭 Switzerland | $272,769,000,000 |
38 | Philip Morris International | 🇺🇸 United States | $269,574,000,000 |
39 | ASML | 🇳🇱 Netherlands | $268,697,000,000 |
40 | Kweichow Moutai | 🇨🇳 China | $267,306,000,000 |
41 | Roche | 🇨🇭 Switzerland | $265,138,000,000 |
42 | Salesforce | 🇺🇸 United States | $261,581,000,000 |
43 | Samsung | 🇰🇷 South Korea | $260,653,000,000 |
44 | Agricultural Bank of China | 🇨🇳 China | $256,870,000,000 |
45 | Toyota | 🇯🇵 Japan | $250,853,000,000 |
46 | Wells Fargo | 🇺🇸 United States | $240,321,000,000 |
47 | International Holding Company | 🇦🇪 United Arab Emirates | $240,030,000,000 |
48 | Chevron | 🇺🇸 United States | $236,681,000,000 |
49 | Cisco | 🇺🇸 United States | $235,992,000,000 |
50 | L'Oreal | 🇫🇷 France | $235,450,000,000 |
The two largest companies in this graphic, Microsoft and Apple, have regularly swapped places as the world’s most valuable company over the past decade.
Both companies are integrating artificial intelligence into their product offerings, which has helped fuel their market cap growth in recent years.
Next, let’s take a closer look at some of the non-U.S. companies in this graphic.
🇦🇪 International Holding Company (IHC)
International Holding Company (IHC), based in Abu Dhabi, has rapidly become one of the Middle East’s most valuable firms with a market capitalization of $240 billion.
Originally a fishing company, IHC has transformed into a conglomerate with investments across healthcare, agriculture, real estate, and artificial intelligence. This includes a $50M investment in Elon Musk’s SpaceX.
🇹🇼 TSMC
Taiwan Semiconductor Manufacturing Company (TSMC) holds a market cap of almost $1 trillion, making it the most valuable company in Asia. As the world’s largest dedicated semiconductor foundry, TSMC manufactures chips for major names like Apple, Nvidia, and AMD.
Check out this graphic from January 2025 to see a market capitalization breakdown of the global semiconductor industry.
🇨🇳 Tencent
Tencent, with a market cap of nearly $600 billion, remains one of China’s most influential tech companies despite regulatory headwinds.
The company is best known for its WeChat platform, but is also involved in gaming, cloud services, fintech, and even original content production. Through its Tencent Video platform, which has over 120 million paid subscribers, the company produces a variety of dramas, shows, and animations.
Learn More on the Voronoi App 
If you enjoyed today’s post, check out this map showing the number of billion dollar companies by country in 2025.
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