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  • Previous Rank26
  • Revenues ($M)$99,464
  • Revenue Percent Change-31.1%
  • Profits ($M)$12,882
  • Profits Percent Change212.3%
  • Assets ($M)$233,958
  • Employees462,400

Despite supplying about a third of Europe’s gas demand, Gazprom saw its operating profit drop for the second straight year. The Russian-owned energy conglomerate has been hit hard in recent years by falling oil prices and the Russia-Ukraine conflict, which has prompted Gazprom to expand its underwater gas pipeline to bypass Ukraine. Gazprom said it expects to export a record amount of gas to Europe this year, but American LNG export plants may soon undermine Gazprom’s longtime dominance of the European gas market, along with a stiffer challenge from competitors Rosneft and Novatek.

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Company Information

Alexey B. Miller
HQ Location
Moscow, Russia
Years on Global 500 List20
Figures prepared in accordance with International Accounting Standards. Government owned 50% or more.

Gazprom Rank History

Key Financials (last fiscal year)

($ Millions)% change
Revenues ($M)$99,464-31.1%
Profits ($M)$12,882212.3%
Assets ($M)$233,958-
Total Stockholder Equity ($M)$145,292-

Profit Ratios

Profit as % of Revenues13%
Profits as % of Assets5.5%
Profits as % of Stockholder Equity8.9%