World’s Largest 50 Companies by Revenue in 2016
Today’s data visualization comes from Datashown, and it compares the world’s largest companies by their 2016 revenues to really help put the size and scale of these companies into perspective.
As just one example, despite being worth more than the majority of brick and mortar retailers combined, Amazon ranks just #44 in terms of global revenue to barely crack the list.
If Amazon is a “small fry”, then what kind of massive conglomerates populate the list?
Flying Under the Radar
While familiar global oil firms and massive banks make up a good portion of the companies on the list, there are also many companies in China and Europe that are less likely to ring a bell.
Here is a primer on some of the companies that clearly rank among the world’s largest, but fly a little under the radar – especially for North Americans:
Have you heard of Exor? It was the second-largest financial company in the world in 2016 with $153 billion in revenue. This Italian investment company owns chunks of The Economist Group, Fiat Chrysler, Ferrari, Juventus F.C. – just to name a few of its holdings.
Ping An Insurance
Ping An literally means “safe and well”, and the company is China’s second-largest insurer. The company is also well-known for being an early backer of Lufax, an online P2P lending platform, which is one of the biggest fintech unicorns out there.
E-ON is a European conglomerate based in Essen, Germany. It’s one of the world’s largest investor-owned electric utility service providers, and serves 33 million customers in over 30 countries. The company is focused on energy networks, customer solutions, and renewables. It also owns nuclear power plants in Germany, but considers that a non-core part of its business. According to Fortune, the company brought in $129 billion in revenues in 2016.
AXA is a French multinational insurance firm with business in global insurance, investment management, and other financial services. It had $129 billion in revenues in 2016.
The second-largest company in the world is a state-owned electric utility company in China. It has a whopping 1.9 million employees, 1.1 billion customers, and revenues of $330 billion.
Other State-Owned Enterprises in China
It’s hard to keep track of all the state-owned giants in China such as State Grid – but there are many others out there that also make the list of the top companies by revenue.
Those include massive enterprises like Sinopec, China National Petroleum, ICBC, China Construction Bank, Bank of China, Agricultural Bank of China, and China Construction Bank.
Charted: U.S. Egg Prices More Than Double in 2022
This chart shows the increase in the national average price of a dozen Grade A eggs in the U.S. in 2022.
Charted: U.S. Egg Prices Double in 2022
Eggs are a staple food for many countries around the world, and the U.S. is no exception. Americans eat between 250‒280 eggs a year on average.
Eggs are also easy to cook, protein-dense and supply many daily vitamins needed for healthy living, making them a popular meal or ingredient. So when egg prices rise, people notice.
MetalytIQ charted the rapid rise of egg prices in the U.S. during 2022, using data from the U.S. Bureau of Labor and Statistics (BLS).
Over the course of 12 months, the national average price for a dozen large Grade A eggs more than doubled, to $4.25 in December from $1.93 in January.
|Egg Prices Per Month (2022)||Price per dozen|
The biggest culprit has been an avian flu outbreak that resulted in 43 million chickens culled to prevent the spread of the disease.
This led to a severe shortfall in egg supply. Egg inventories in December had fallen by one-third compared to January. Combined with increasing demand during the holiday season, prices skyrocketed and empty shelves became apparent in some states.
This is not the first time avian flu has disrupted the industry.. In 2015, a similar outbreak pushed egg prices up 40% in nine months, reaching a high of $2.97 per dozen eggs in September 2015.
Will Egg Prices Drop in 2023?
Avian flu isn’t the only storm the egg industry has been facing in 2022.
In the near-term, egg prices are expected to remain high. Containing the avian flu outbreak will remain the biggest factor in determining the prices, but as suppliers increase production, prices may cool off a little in 2023.
Misc4 days ago
Visualizing the Odds of Dying from Various Accidents
Energy2 weeks ago
The Periodic Table of Commodity Returns (2013-2022)
Technology2 days ago
Infographic: 11 Tech Trends to Watch in 2023
Misc4 weeks ago
Infographic: The Longest Lasting Cars, in Miles
Politics2 weeks ago
Which Countries are the Most Polarized?
Energy12 hours ago
Visualizing the Scale of Global Fossil Fuel Production
Markets4 weeks ago
The U.S. Stock Market: Best and Worst Performing Sectors in 2022
Energy2 weeks ago
Visualizing China’s Dominance in Battery Manufacturing (2022-2027P)