The Fortune Global 500 generated $31.2 trillion in revenues and $1.7 trillion in profits in 2014.

See our methodology and credits



Companies are ranked by total revenues for their respective fiscal years ended on or before March 31, 2015. All companies on the list must publish financial data and report part or all of their figures to a government agency. Figures are as reported, and comparisons are with the prior year’s figures as originally reported for that year. Fortune does not restate the prior year’s figures for changes in accounting.


Revenue figures include consolidated subsidiaries and reported revenues from discontinued operations, but exclude excise taxes. For banks, revenue is the sum of gross interest income and gross noninterest income. For insurance companies, revenue includes premium and annuity income, investment income, realized capital gains or losses, and other income, but excludes deposits.


Profits are shown after taxes, extraordinary credits or charges, cumulative effects of accounting changes, and noncontrolling (minority) interests, but before preferred dividends. Figures in parentheses indicate a loss. Profit declines of more than 100% reflect swings from 2013 profits to 2014 losses. Profits for partnerships and cooperatives are reported but are not comparable with those of the other companies on the list because they are not taxed on a comparable basis. Profits for mutual insurance companies are based on statutory accounting. Revenue and profit figures for non-U.S. companies have been converted to U.S. dollars at the average exchange rate during each company’s fiscal year (ended Dec. 31, 2014, unless otherwise noted).

Balance Sheet

Assets shown are those at the company’s fiscal year-end. Stockholders’ equity is the sum of capital stock, paid-in capital, and retained earnings on the same date. Noncontrolling (minority) interest is not included. Figures for non-U.S. companies have been converted to U.S. dollars at the exchange rate at each company’s fiscal year-end.


The figure shown is either a fiscal year-end or yearly average number, as published by the company. Where the breakdown between full- and part-time employees is supplied, a part-time employee is counted as one half of a full-time employee.


The medians for profit changes from 2013 do not include companies that lost money in 2013 or lost money in both 2013 and 2014, because no meaningful percentage changes can be calculated in such cases.


This year’s Fortune Global 500 was prepared under the direction of list editor Scott DeCarlo. Financial statements and annual reports were reviewed by reporter Douglas Elam, accounting specialists Richard Tucksmith and Rhona Altschuler, and markets editor Kathleen Smyth. Reporter Cindy Kano (Tokyo) reviewed and verified figures for Japanese companies. Beijing bureau manager Zhang Dan provided figures for Chinese companies. Fortune’s Business Information Database administrator, Larry Shine, supplied technical support. Edith Fried reviewed and edited nonstatistical information. Researchers Viki Goldman and Kathleen Lyons assisted in data verification using data provided by FactSet Research Systems, Hoover’s, Morningstar Document Research, S&P Capital IQ and Thomson Reuters.

Company profiles were written by Scott Cendrowski, Erika Fry, Stephen Gandel, Ben Geier, Robert Hackett, Matthew Heimer, Tom Huddleston Jr., Beth Kowitt, Adam Lashinsky, Michal Lev-Ram, Laura Lorenzetti, Leena Rao, Daniel Roberts, Geoff Smith, Benjamin Snyder, and Phil Wahba.


The world's 500 largest companies generated $31.2 trillion in revenues and $1.7 trillion in profits in 2014. Together, this year's Fortune Global 500 employ 65 million people worldwide and are represented by 36 countries.

See our methodology and credits


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Toyota Motor

Last year's Rank: 9
North America was the only region where Toyota's sales rose on the year--and even that was below the industry average.
Photograph by Akio Kon – Getty Images

Japanese automaker Toyota has been stung in the past year by a series of recalls related to faulty airbags from supplier Takata. Expect that to remain in the news and on the minds of executives in the coming year, but sales should still be strong, especially in North America.

  • The Toyota Camry remains one of the most popular cars in North America, being outsold only by pickups and SUVs.
  • Toyota dominates in the sedan market, which happens to be a shrinking segment of the auto market.
  • Toyota doesn't compete as well in the full-size pickup and SUV markets, which are growing quickly in North America.
  • Toyota is working with other Asian automakers on self-driving tech, and it will be a major boon for the company if they can apply it to ther mass-market cars.
  • General Motors is introducing an affordable electric car, as is Tesla. If gas prices rise, will consumers leave their Corollas for these efficient cars?

Company Information

CEO Akio Toyoda
Industry Motor Vehicles and Parts
Sector Motor Vehicles & Parts
HQ Location Toyota, Japan
Years on List 21

Key Financials (last fiscal year)

($ Millions) % change
Revenues 247702.90 -3.4%%
Profits 19766.9 8.6%%
Assets 398047.10
Employees 344109

Profits as a % of

Profit as % of Revenues 8%
Profits as % of Assets 5%
Profits as % of Stockholder Equity 14.1%
* Figures prepared in accordance with U.S. Generally Accepted Accounting Principles. Figures are for fiscal year ended March 31, 2015.
Fortune's Take On Toyota Motor
  • This Korean Automaker Got Top Marks From J.D. Power
    But American cars got better ratings overall
  • What Apple’s Deal With Intel Says About the End of Moore’s Law
    It's an important lesson about industry dynamics.
  • Nissan Will Develop an Ethanol-Based Fuel Cell Technology
    By 2020
  • The Takata Airbag Recall Is Now a Full-Blown Crisis
    Only 8 million cars fixed out of the 70 million recalled.
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