Largest companies in the United States by shareholders' equity

Shareholders' equity is what remains after subtracting liabilities from assets — the accounting book value of the company, not its market value. Figures are for fiscal year 2025 and are read directly from each company's SEC filings; the source column on every row links to the document.

Ranks 1–100 of 2166 · Fiscal year 2025 · Data as of September 25, 2026

Berkshire Hathaway (BRK-B) tops the list with $717B in shareholders' equity for fiscal 2025, ahead of Alphabet ($415B) and Amazon ($411B). The top 10 together report $3.40T in shareholders' equity; the gap between #1 and #10 is ×3.96. 2166 companies in the United States report shareholders' equity, 83.3% of the 2599-filer universe. The last place on the list, Citizens Financial, comes in at $26.3B.

Shareholders' equity
#CompanyShareholders' equityYoY15-year trend
1Berkshire HathawayBRK-BUSFinancials$717B+10.5%
2AlphabetGOOGLUSTechnology$415B+27.7%
3AmazonAMZNUSConsumer discretionary$411B+43.7%
4MicrosoftMSFTUSTechnology$391B+29.1%
5JPMorgan ChaseJPMUSFinancials$362B+5.1%
6Bank of AmericaBACUSFinancials$303B+3.2%
7Meta PlatformsMETAUSTechnology$217B+18.9%
8CitigroupCUSFinancials$212B+1.8%
9ChevronCVXUSEnergy$186B+22.4%
10Wells FargoWFCUSFinancials$181B+1.1%
11NVIDIANVDAUSTechnology$157B+98.3%
12AT&TTUSCommunication services$126B+7.0%
13Goldman SachsGSUSFinancials$125B+2.4%
14IntelINTCUSTechnology$114B+15.1%
15Capital One FinancialCOFUSFinancials$114B+86.9%
16Morgan StanleyMSUSFinancials$112B+6.8%
17Federal National Mortgage Association Fannie MaeFNMAUSFinancials$109B+15.2%
18Walt DisneyDISUSCommunication services$108B+6.4%
19Verizon CommunicationsVZUSCommunication services$106B+5.1%
20UnitedHealth GroupUNHUSHealthcare$100B+1.9%
21WalmartWMTUSConsumer discretionary$99.6B+9.5%
22ComcastCMCSAUSCommunication services$96.9B+13.3%
23Deutsche Bank AktiengesellschaftDBUSFinancials$96.7B+13.7%
24AppleAAPLUSTechnology$88.2B+32.1%
25PfizerPFEUSHealthcare$86.5B−2.0%
26TeslaTSLAUSConsumer discretionary$82.1B+12.7%
27Johnson & JohnsonJNJUSHealthcare$81.5B+14.1%
28BroadcomAVGOUSTechnology$79.9B+14.4%
29CVS HealthCVSUSHealthcare$75.2B−0.5%
30Federal Home Loan MortgageFMCCUSFinancials$70.4B+18.1%
31RTXRTXUSIndustrials$65.2B+8.5%
32US BancorpUSBUSFinancials$65.2B+11.3%
33ConocoPhillipsCOPUSEnergy$64.5B−0.5%
34Advanced Micro DevicesAMDUSTechnology$63.0B+9.4%
35General MotorsGMUSConsumer discretionary$61.1B−3.1%
36PNC Financial ServicesPNCUSFinancials$60.6B+11.3%
37T-Mobile USTMUSUSCommunication services$59.2B−4.1%
38SalesforceCRMUSTechnology$59.1B−3.3%
39Micron TechnologyMUUSTechnology$58.8B+25.7%
40BlackRockBLKUSFinancials$55.9B+17.7%
41NextEra EnergyNEEUSUtilities$54.6B+9.0%
42Thermo Fisher ScientificTMOUSTechnology$53.4B+7.7%
43Procter & GamblePGUSConsumer staples$53.3B+3.6%
44PrologisPLDUSReal estate$53.2B−1.4%
45MerckMRKUSHealthcare$52.6B+13.6%
46DanaherDHRUSTechnology$52.5B+6.0%
47Abbott LaboratoriesABTUSHealthcare$52.1B+9.4%
48Duke EnergyDUKUSUtilities$51.8B+3.4%
49Schwab CharlesSCHWUSFinancials$49.4B+2.2%
50Energy TransferETUSUtilities$49.0B+6.5%
51Cisco SystemsCSCOUSTechnology$47.7B+4.8%
52Bank of New York MellonBNYUSFinancials$44.3B+7.2%
53StrategyMSTRUSFinancials$44.1B+42.4%
54Elevance HealthELVUSHealthcare$43.9B+6.2%
55WelltowerWELLUSReal estate$42.1B+31.8%
56Cigna GroupCIUSHealthcare$41.7B+1.7%
57Kraft HeinzKHCUSConsumer staples$41.7B−15.3%
58American InternationalAIGUSFinancials$41.1B−3.3%
59Realty IncomeOUSReal estate$39.4B+1.5%
60VisaVUSTechnology$38.8B+1.3%
61Diamondback EnergyFANGUSEnergy$37.0B−2.0%
62Occidental PetroleumOXYUSEnergy$36.0B+5.5%
63SouthernSOUSUtilities$36.0B+8.5%
64Ford MotorFUSConsumer discretionary$36.0B−19.8%
65Warner Bros. DiscoveryWBDUSCommunication services$35.9B+5.5%
66NewmontNEMUSMaterials$33.9B+13.2%
67Analog DevicesADIUSTechnology$33.8B−3.7%
68American ExpressAXPUSFinancials$33.5B+10.6%
69Travelers CompaniesTRVUSFinancials$32.9B+18.1%
70International Business MachinesIBMUSTechnology$32.6B+19.6%
71Pg&EPCGUSUtilities$32.5B+7.9%
72Prudential FinancialPRUUSFinancials$32.4B+16.4%
73Coca ColaKOUSConsumer staples$32.2B+29.4%
74SempraSREUSUtilities$31.6B+1.2%
75Regeneron PharmaceuticalsREGNUSHealthcare$31.3B+6.5%
76Kinder MorganKMIUSUtilities$31.2B+2.1%
77American Electric PowerAEPUSUtilities$31.1B+15.6%
78S&P GlobalSPGIUSIndustrials$31.1B−6.1%
79KKRKKRUSFinancials$30.9B+30.7%
80AllstateALLUSFinancials$30.6B+42.8%
81SynopsysSNPSUSTechnology$30.5B+228.3%
82ProgressivePGRUSFinancials$30.3B+18.5%
83Costco WholesaleCOSTUSConsumer discretionary$30.3B+23.9%
84OracleORCLUSTechnology$30.0B+117.9%
85Eog ResourcesEOGUSEnergy$29.8B+1.6%
86AflacAFLUSHealthcare$29.5B+13.0%
87M&T BankMTBUSFinancials$29.2B+0.5%
88Phillips 66PSXUSEnergy$29.1B+6.1%
89Dominion EnergyDUSUtilities$29.1B+8.3%
90Intercontinental ExchangeICEUSFinancials$28.9B+4.6%
91ExelonEXCUSUtilities$28.8B+7.0%
92Cme GroupCMEUSFinancials$28.7B+8.5%
93MetLifeMETUSFinancials$28.4B+3.5%
94FedExFDXUSIndustrials$28.1B+6.3%
95State StreetSTTUSFinancials$27.8B+9.9%
96Vici PropertiesVICIUSReal estate$27.8B+4.7%
97Uber TechnologiesUBERUSTechnology$27.0B+25.4%
98NetflixNFLXUSCommunication services$26.6B+7.6%
99Eli LillyLLYUSHealthcare$26.5B+85.9%
100Citizens FinancialCFGUSFinancials$26.3B+8.5%

All figures from SEC filings · FY2025 · 100

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{{cite web |title=Largest companies in the United States by shareholders' equity |url=https://companiesranked.com/en/largest-companies-in-the-united-states-by-shareholders-equity |website=CompaniesRanked |date=2026-09-25 |language=en}}

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CompaniesRanked. (September 25, 2026). Largest companies in the United States by shareholders' equity. CompaniesRanked. https://companiesranked.com/en/largest-companies-in-the-united-states-by-shareholders-equity

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@misc{companiesranked-en-largest-companies-in-the-united-states-by-shareholders-equity-2026,
  author       = {{CompaniesRanked}},
  title        = {{Largest companies in the United States by shareholders' equity}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/largest-companies-in-the-united-states-by-shareholders-equity}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

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