List of largest Brazilian companies explained

This article lists the largest companies of Brazil in terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes.

2023 Fortune list

This list displays all 9 Brazilian companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2022.[1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.

RankFortune 500
rank
NameIndustryRevenue
(USD millions)
Profits
(USD millions)
EmployeesHeadquarters
171PetrobrasOil and Gas124,47436,62345,149Rio de Janeiro
2177JBS S.A.Food production72,6262,995260,000São Paulo
3207Banco Itaú UnibancoBanking63,8845,755101,094São Paulo
4251Banco do BrasilBanking55,8705,35385,953Brasília
5273Banco BradescoBanking51,5874,06681,222Osasco
6301RaízenEnergy47,72147444,738São Paulo
7332ValeMining44,28718,78864,516Rio de Janeiro
8406Caixa Econômica FederalFinance37,0661,89486,959Brasília
9429Vibra EnergiaOil and Gas35,1552987,777Rio de Janeiro

2024 Forbes list

This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking. The table below also lists the headquarters location and industry sector of each company. The figures are in billions of US dollars and are for the year 2023. All 26 companies from Brazil in the Forbes 2000 are listed.[2]

RankForbes
2000 rank
NameHeadquartersRevenue
(billions
US$)
Profit
(billions
US$)
Assets
(billions
US$)
Value
(billions
US$)
Industry
154PetrobrasRio de Janeiro99.4 22.3 213.2 92.6 Oil and Gas
286Banco Itaú UnibancoSão Paulo67.8 6.6 525.2 63.7 Banking
3160Banco do BrasilBrasília42.03.8368.434.5Banking
4181ValeRio de Janeiro41.8 7.8 91.5 55.4 Mining
5223Banco BradescoOsasco61.2 2.6 390.8 27.9 Banking
6302BTG PactualSão Paulo17.02.1 113.4 78.8 Financial services
7652NubankSão Paulo8.11.343.855.6Financial services
8831JBS S.A.São Paulo74.2 0.440.8 12.7 Food production
9850EletrobrasRio de Janeiro7.4 0.952.8 18.6 Utilities
10911Suzano Papel e CeluloseSalvador7.7 1.8 28.6 12.9 Pulp and paper
11951RaízenSão Paulo44.4 0.825.8 6.0Energy
12956ItaúsaSão Paulo1.5 2.7 21.7 20.7 Conglomerate
131106WEG IndustriesJaraguá do Sul6.7 1.2 6.4 32.5 Electronics
141133Vibra EnergiaRio de Janeiro33.1 1.1 8.8 5.0Oil and Gas
151145XP Inc.São Paulo3.00.851.3 11.9 Financial services
161224Gerdau CisoguaSão Paulo13.4 1.3 15.4 8.0Steel
171295MarfrigSão Paulo27.2 -0.226.2 2.1 Food processing
181350Rede D'Oro LuizSão Paulo9.7 0.518.213.7Healthcare
191477UltraparSão Paulo25.5 0.57.4 5.3 Conglomerate
201520CPFL EnergiaCampinas8.1 1.1 15.1 7.7 Utilities
211652CEMIGBelo Horizonte7.4 1.2 11.3 5.8 Utilities
221658B3São Paulo1.8 0.89.8 12.2 Finance
231727BraskemSão Paulo14.0 -1.2 18.7 3.0 Oil and Gas
241827CosanRio de Janeiro7.9 0.228.8 5.2 Energy
251832Metalurgica GerdauPorto Alegre13.4 0.415.4 2.3Steel
261915SabespSão Paulo5.4 0.713.3 10.5 Waste management
271984Equatorial EnergiaSão Luís8.20.420.17.0Utilities

See also

Notes and References

  1. Web site: Global 500. Fortune. en. 2019-07-25.
  2. Web site: The World's Largest Public Companies. Forbes. en. 2019-07-25.