There’s a first time for the whole lot, and generally that first time marks an enormous leap.
This yr, 21 companies will make their debut on the Fortune Global 500 list—our annual rating of the world’s greatest companies as measured by income. This yr, cracking the list meant bringing in a minimum of $29 billion in the fiscal yr that ended on or earlier than March 31, 2022. It additionally means becoming a member of a bunch that features Walmart, Amazon, and Apple.
The companies that made it onto the list for the first time this yr are scattered throughout the world, and are concerned in sectors starting from transportation to well being care to engineering and development. Asia dominated the list of first timers, with 12 companies, whereas Europe had 5. The U.S. had solely two new additions: used-car vendor CarMax, and conglomerate Danaher. Company revenues from the earlier yr vary as excessive as $172 billion.
These are the 21 first-timers on the Global 500 this yr.
1. Sinochem Holdings
Fortune Global 500 Rank: 31
Industry: Chemicals
Revenue: $172 billion
Country/Territory: China
2. Life Insurance Corp. of India
Fortune Global 500 Rank: 98
Industry: Insurance
Revenue: $97 billion
Country/Territory: India
3. Susun Construction Group
Fortune Global 500 Rank: 299
Industry: Engineering and Construction
Revenue: $46 billion
Country/Territory: China
4. Hangzhou Iron and Steel Group
Fortune Global 500 Rank: 336
Industry: Metals
Revenue: $41 billion
Country/Territory: China
5. Cenovus Energy
Fortune Global 500 Rank: 384
Industry: Mining
Revenue: $37 billion
Country/Territory: Canada
6. Kuehne + Nagel International
Fortune Global 500 Rank: 396
Industry: Transportation and (*21*)
Revenue: $36 billion
Country/Territory: Switzerland
7. Raízen
Fortune Global 500 Rank: 398
Industry: Petroleum Refining
Revenue: $36 billion
Country/Territory: Brazil
8. Shudao Investment Group
Fortune Global 500 Rank: 413
Industry: Engineering and Construction
Revenue: $35 billion
Country/Territory: China
9. Hunan Iron & Steel Group
Fortune Global 500: 421
Industry: Metals
Revenue: $34 billion
Country/Territory: China
10. CarMax
Fortune Global 500 Rank: 432
Industry: Automotive Retailing
Revenue: $33 billion
Country/Territory: U.S.
11. Xinjiang Zhongtai Group
Fortune Global 500 Rank: 434
Industry: Chemicals
Revenue: $33 billion
Country/Territory: China
12. BYD
Fortune Global 500 Rank: 436
Industry: Motor Vehicles and Parts
Revenue: $33 billion
Country/Territory: China
13. S.F. Holding
Fortune Global 500 Rank: 441
Industry: Transportation and (*21*)
Revenue: $32 billion
Country/Territory: China
14. Shandong Hi-Speed Group
Fortune 500 Global Rank: 458
Industry: Transportation and (*21*)
Revenue: $31 billion
Country/Territory: China
15. Investor
Fortune 500 Global Rank: 461
Industry: Diversified Financials
Revenue: $31 billion
Country/Territory: Sweden
16. Chengdu Xingcheng Investment Group
Fortune 500 Global Rank: 466
Industry: Engineering and Construction
Revenue: $31 billion
Country/Territory: China
17. Shanghai Delong Steel Group
Fortune 500 Global Rank: 469
Industry: Metals
Revenue: $30 billion
Country/Territory: China
18. Mercadona
Fortune 500 Global Rank: 471
Industry: Food and Drug Stores
Revenue: $30 billion
Country/Territory: Spain
19. Danaher
Fortune Global 500 Rank: 486
Industry: Medical Products and Equipment
Country/Territory: $29 billion
Country: U.S.
20. DSV
Fortune Global 500 Rank: 496
Industry: Mail, Package, and Freight Delivery
Revenue: $29 billion
Country/Territory: Denmark
21. Umicore
Fortune Global 500 Rank: 500
Industry: Chemicals
Revenue: $29 billion
Country/Territory: Belgium
Sign up for the Fortune Features e-mail list so that you don’t miss our greatest options, unique interviews, and investigations.