Siemens

The corporations on our annual list of the world's 500 largest companies combined to generate $41.7 trillion in revenue over the past year.

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Leaders in all industries rely more than ever on Big Tech—and appreciate the giants that deliver, at scale, without drama.

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The European edition of the Fortune 500, ranking companies by revenue.

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The corporations on our annual list posted aggregate revenues of $41 trillion for the second year in a row.

The 26th edition of the list shows how much esteem Big Tech giants command among other business leaders.

The 25th Fortune World’s Most Admired Companies list suggests that tech giants’ peers respect them as much as ever.

The corporations on our annual list of the world’s largest companies delivered a record $41 trillion in aggregate revenues.

The first-ever European edition of the Fortune 500, ranking companies by revenue. 

F500-Europe-2023-Siemans

Germany’s Siemens has grown into a multifaceted international engineering group since its formation in 1847, offering products and systems across industrial automation, railways, medical devices and energy infrastructure.      
<ul> 
 	<li data-leveltext="●" data-font="Verdana" data-listid="7" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Verdana&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;●&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}" data-aria-posinset="1" data-aria-level="1">Revenues rose slightly to $77.9 billion in 2022, boosted by strong orders and rising profitability in its Digital Industries and Smart Infrastructure segments. Orders in the group’s cornerstone Europe, Middle East and Africa markets also jumped by nearly a quarter.    </li> 
 	<li data-leveltext="●" data-font="Verdana" data-listid="7" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Verdana&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;●&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}" data-aria-posinset="2" data-aria-level="1">However, earnings took a big hit, with net income down 45.3% to $4 billion due to an impairment on its subsidiary Siemens Energy and the cut-price sale of its business in Russia.  </li> 
 	<li data-leveltext="●" data-font="Verdana" data-listid="7" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Verdana&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;●&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}" data-aria-posinset="3" data-aria-level="1">Siemens owns a quarter stake in Siemens Energy, which has struggled with high interest rates and quality issues at its wind turbine unit. In October 2023, the company announced it was in talks with the German government, banks and Siemens itself over a €15 billion ($15.9 billion) package of financial guarantees. </li> 
 	<li data-leveltext="●" data-font="Verdana" data-listid="7" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Verdana&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;●&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}" data-aria-posinset="4" data-aria-level="1">The group was also rocked by a steep drop in demand in China for its digital industries arm, dropping 61% in the quarter to August 2023. CEO Roland Busch warned this slump may continue for “several quarters” amid a slowdown in the world’s second largest economy. </li> 
</ul>

Just as it dominates our economy, Big Tech now dominates Fortune’s annual ranking of corporate reputation.

Aggregate sales hit $37.8 trillion last year—an increase of 19%, the highest annual growth rate in the list’s history.

After a year in which humanity leaned more heavily than ever on tech giants, see which companies topped Fortune's ranking of corporate reputation.

Total revenue for the world’s biggest companies fell 4.8% to $31.7 trillion this year—the first decline in half a decade.

G500 151 Siemens

The German industrial giant, which sells everything from trains to factory equipment to sophisticated medical imaging devices, weathered the pandemic well. Although it experienced a 7% decline in revenue in 2020, its Ebitda grew 13%, boosting profit margins. Siemens has reported a surge in orders—with health care showing a double-digit percentage bump—and revenue levels have risen across most of its divisions in the first half of 2021. Alas, the company’s “mobility division” (largely related to trains) has proved a weak spot: Orders plunged by a third during 2020, and have continued to slump in the first half of 2021.

For an astounding 13th straight year, Apple claims the top spot in Fortune’s annual ranking of corporate reputation, based on a survey of almost 3,800 executives, directors, and analysts.

This year's Fortune Global 500 generated $33.3 trillion in revenues and $2.1 trillion in profits.

G500-2020-074-Siemens

Here are the World's Most Admired Companies for 2019 as ranked in their industries. See who made the list.

This year's Fortune Global 500 generated $27.7 trillion in revenues and $1.5 trillion in profits.

Here are the World's Most Admired Companies for 2018 as ranked in their industries. See who made the list.

Here’s our look at 57 companies that do well by doing good.

Change the World

Here are the World's Most Admired Companies for 2017 as ranked in their industries. See who made the list.

Here are the World's Most Admired Companies for 2016 as ranked in their industries. See who made the list.

This year's Fortune Global 500 generated $27.6 trillion in revenues and $1.5 trillion in profits.

Here’s our look at 50 companies that do well by doing good.

Business insiders have spoken: Asked which companies they most admire, more than 4,100 executives, directors, and analysts chose these top 50 All-Stars.

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.

Global business is back. After limping through a worldwide financial crisis and economic slowdown, the 500 largest companies ranked by revenues shattered all sorts of performance records in 2013: They racked up combined revenues of $31.1 trillion, up 2.5% from 2012, and profits soared 27% to nearly $2 trillion. China’s 95 companies (up from 89 last year) posted $5.8 trillion in revenues. The U.S. has four fewer companies on the list than last year but remains (for now) the country leader, with 128 corporations on the list—including No. 1 Wal-Mart Stores—reporting $8.6 trillion in revenues. 

Key Financials (last Fiscal Year)

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Profits as % of Stockholder Equity

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Germany’s Siemens has a long history of technological innovation since its formation in 1847, beginning with pointer telegrams and dynamos. It has since grown into a multifaceted international engineering group that employs 320,000 people. Siemens has four comparably-sized main divisions: Mobility, covering rail infrastructure and rolling stock, and road traffic systems; Healthineers, covering diagnostic and therapeutic medical devices; Energy Infrastructure, covering transmission and distribution hardware, alongside power-management systems; and Digital Industries, which provides digital transformation consulting. The conglomerate, headquartered in Munich, also has real estate and financial services operations, along with a portfolio of semi-independent businesses in areas like airport logistics and metal cabling systems.

Siemens (SIEGY): Company Profile, Stock Price, News, Rankings

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Siemens | Fortune

Siemens (SIEGY): Company Profile, Stock Price, News, Rankings | Fortune

Joshua Gallu

Oliver Crook

Bloomberg

Siemens CEO says Germany has big industrial data set for AI push

/europe/2025/07/21/siemens-ceo-roland-busch-says-germany-has-big-industrial-data-ai-push-deutsche-bank/

John Kell

Siemens’ CTO says AI can help address the U.S. manufacturing industry’s big skills gap

/2025/07/16/siemens-cto-says-ai-can-help-address-the-u-s-manufacturing-industrys-big-skills-gap/

Emma Burleigh

Despite running a $55.5 million software company, this millennial CEO still has roommates

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The Associated Press

The helicopter company in the deadly NYC crash that killed an executive and his whole family recently emerged from bankruptcy and already faces a $1.4 million lawsuit

/2025/04/11/new-york-helicopter-company-hudson-river-siemens-executive-crash/

Andrew Nusca

A TikTok deal is imminent (as Amazon enters the fray)

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Siemens' CTO says AI can help address the U.S. manufacturing industry's big skills gap

https://fortune.com/2025/07/16/siemens-cto-says-ai-can-help-address-the-u-s-manufacturing-industrys-big-skills-gap/?itm_source=parsely-api

https://fortune.com/2025/04/11/new-york-helicopter-company-hudson-river-siemens-executive-crash/?itm_source=parsely-api

Sarah Parvini

Siemens says it will invest $285 million in U.S. manufacturing, including two new facilities in California and Texas

https://fortune.com/2025/03/07/siemens-invest-285-million-us-manufacturing-facilities-california-texas/?itm_source=parsely-api

German giant Siemens beat profit estimates on the back of AI boom and demand for electrification

https://fortune.com/europe/2024/08/09/german-giant-siemens-beat-profit-estimates-driven-by-ai-boom-demand-for-electrification-roland-busch/?itm_source=parsely-api

Siemens to boost drug discoveries using AI through the $5.1 billion acquisition of U.S. software firm Dotmatics

https://fortune.com/europe/2025/04/03/siemens-boost-drug-discoveries-using-ai-dotmatics-acquisition-life-sciences-software/?itm_source=parsely-api

https://fortune.com/europe/2025/07/21/siemens-ceo-roland-busch-says-germany-has-big-industrial-data-ai-push-deutsche-bank/?itm_source=parsely-api

Barbara Humpton, Siemens CEO, shares what she feels is imperative for business leaders.


Siemens CEO on leading amid supply chain chaos

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Siemens CEO on leading amid supply chain chaos


this is the imperative for leadership. Business leadership today, I was in Scotland last week and and the number one theme you hear coming out of this is governments will be able to articulate certain commitments and goals, but business is going to have to carry this across the line. So in the US with this investment in infrastructure right now, I believe we have to be holding these multiple goals in mind at once. Yes, we want to build and we want it more sustainable and we want it more equitable. Can we spend every dollar with a focus on those factors seemingly contradictory in some cases, but that's our job, our job is to is to lead the way through that maze and it sounds like a job that must be a collaborative one where if it's really kind of in every company for itself ethos where competition and squashing the other, the other team is the only thing on your mind, you won't maybe we'll be able to reach some of these goals showing a little bit for our theme, but it is what it is meaningful, it's something that's come up in all of our, all of our panels, I think that's really true when we come to talking about managing supply chain. So, you know right now everyone is trying to place orders, build chips, there's some clearly weird things going on in terms of inventory and where that sits around the world and nobody, you know, if demand drops and the situation we're in at the moment isn't because there because there's a supply issue per se is because there's just so much demand and don't actually matter whether you're building chips in Taiwan or on the moon, there's a finite amount of capacity that is that is being over consumed at the moment. But you know, the nature of the industry is cyclical. It will probably slow down at some point if it slows down just the time when all this new capacity comes on, that's a bit of an issue and nobody wants to be kind of holding a lot of inventory somewhere.

Joe we're hearing from more and more business leaders that they are more committed and wanna get more involved in solving a lot of the world's social problems. Now you have said that, if you're not in the business to improve society, you shouldn't be in business. So tell us how this thinking of yours is guiding what Seaman's is doing. We need to change our scope. Into more, what actually is the purpose of a company. Is the purpose of a company just making some short term money? Or is the purpose of a company to create social value? And that's why I actually said is you know if a company doesn't Provided the earlier to society should not exist cuz what is it for? That question needs to be answered. Certainly, you are moving ahead on your environmental efforts, you are moving ahead on training the next generation of students to be ready for manufacturing jobs, you are not waiting for a government policy to come out, or for someone to tell you that, It's time to act. But still, you've gotta get a commitment from your shareholders and from people working on the shop floor. How do you do that? That if you'll show people the way, and make them understand what matters in life, then you get those together very well. Because everyone wants to be successful. This must require a different kind of leadership, right? Your people want to know who you are. Your people want to know what you say about different things, what is your opinion about social, economic, and political matters. They wanna know, and I think they have a right to know. And we also want to make sure our people speak up, And that realism, and you get a lot of good information out of that. You make it sound very simple, and very easy to do, but it does seem to involve changing the culture of a company, changing its mindset. What are you telling Your employees on all levels of the company. I tell my people, no matter who they are and what they do, just act as if it was their own company. Always remember [ UNKNOWN ] money you want to spend for this, would you put your reputation on the line for that? And if it's [ UNKNOWN ] go ahead and do it. I understand that you spent several years very early on in your career working in Silicon Valley. And you were involved with entrepeneurs and start up companies. How did all of that experience rub off on you in terms of Your own way that you look at leadership. [ UNKNOWN ] see is people are fast. That they're go for 110 % like [ UNKNOWN ] in quality and stuff, they go for 80 %. And then find the rest. They never stop moving. They always are on the move. I never just listen and look, and what happens next. And a third one is that this is about a massively networked community. So at a network, actually, which exists, Is the winning formula. This is about a mentality This is about a way to do business, not just the geographics. And once you understand the silicon valley, what it is all about, go after the next big thing, try to make a difference in life, in purpose. Then I guess you need to understand what does that mean for me in Germany, what does that mean for me in Boston? What does it mean for [ INAUDIBLE ] in Minnesota or in India. So you need to understand you know what is it that happens there and then I think you'll be well off. Well it's self evident that those years in Silicon Valley had made an impression on you because since you became CEO of Siemens you've been really pushing it to act and think more entrepreneurially. So much so, That a German newspaper recently criticized you for acting more like a founder of a fast paced start up, this is his quote, than the head of one of Germany's most traditional companies. What was your reaction to that? Well, there's a lot of, you know, unasked advice in life and it is what it is. But the point is, I'm not going to be the one who turns out the last lights of the last conglomerate. So we need to reinvent ourselves all the time. We've been around for 170 years, and we have a reason. But it's great to have a great past and history, but it's even greater to have a good future. And the most important history is the history you make today. Respective of our past but we need to look forward. [ BLANK_AUDIO ]

CEO Joe Kaeser discusses how the entrepreneurial mindset can benefit everyone in the company.

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