Tech giant Alphabet ranked number 1 in a list drawn up by tech industry experts at coveragely.com following a study that ranked the top 100 tech companies in the world in 2024, highlighting the tech titans' financial prowess and innovative capabilities.

Here’s the list:

1. Alphabet (Google)

Alphabet ranked first with an overall score of 100, showcasing financial strength with a net asset value of $293 billion, the highest globally. Its market cap is $2.28 trillion, and it generates $318 billion in annual revenue. Alphabet has an operating margin of 25.49% and total assets valued at $407 billion, with liabilities of $115 billion. Its 180,900 employees each generate $1.8 million in revenue.

2. Microsoft

Ranked second, Microsoft is the world's most valuable company with a market cap of $3.37 trillion. It generates $237 billion in revenue annually and has an operating margin of 42.14%. Microsoft's total assets are valued at $484 billion, with net assets of $253 billion and liabilities of $231 billion. Each of its 221,000 employees generates $1.1 million in revenue.

3. Samsung

Samsung ranked third with a market cap of $386 billion and annual revenue of $201 billion. It has an operating margin of 11.51% and net assets valued at $276 billion. Samsung's total assets are $350 billion, with liabilities of $73.6 billion. Each of its 270,000 employees generates $0.7 million in revenue.

4. Amazon

Amazon ranked fourth with a market cap of $2 trillion and leads globally with $591 billion in annual revenue. Despite a negative operating margin of -1.15%, Amazon holds the highest total assets globally at $531 billion. With net assets of $217 billion and liabilities of $314 billion, Amazon's 1.525 million employees each generate $0.4 million in revenue.

5. Meta Platforms (Facebook)

Meta ranked fifth with a market cap of $1.3 trillion and $143 billion in annual revenue. It has an operating margin of 23.79% and total assets valued at $223 billion, with net assets of $150 billion and liabilities of $73.3 billion. Meta's 69,300 employees each generate $2.1 million in revenue.

6. Alibaba

Alibaba ranked sixth with a market cap of $181.2 billion and $131 billion in annual revenue. The company has an operating margin of 16.82% and total assets valued at $244 billion. Alibaba's net assets are $154 billion, with liabilities of $90.3 billion. Each of its 204,900 employees generates $0.6 million in revenue.

7. Apple

Apple ranked seventh with a market cap of $3.28 trillion and $382 billion in annual revenue. It has an operating margin of 30.2% and total assets valued at $337 billion, with liabilities of $263 billion. Apple's net assets are $74.2 billion. Each of its 150,000 employees generates $2.5 million in revenue.

8. TSMC

TSMC ranked eighth with a market cap of $894 billion and $73.9 billion in annual revenue. It has an operating margin of 50.54%, the second-highest globally. TSMC's total assets are valued at $180 billion, with net assets of $113 billion and liabilities of $67.7 billion. Each of its 76,500 employees generates $1 million in revenue.

9. Tencent

Tencent ranked ninth with a market cap of $457.2 billion and $85 billion in annual revenue. It has an operating margin of 40.35% and total assets valued at $215 billion. Tencent's net assets are $116 billion, with liabilities of $99.2 billion. Each of its 104,800 employees generates $0.8 million in revenue.

10. Intel

Intel ranked 10th with a market cap of $129.7 billion and $55.2 billion in annual revenue. It has an operating margin of 12.31% and total assets valued at $193 billion. Intel's net assets are $111 billion, with liabilities of $82 billion. Each of its 120,300 employees generates $0.5 million in revenue.

Limited Presence

Tech industry experts at Coveragely.com said: “European tech companies like SAP (Germany, ranked 18th), Schneider Electric (France, ranked 26th), Nokia (Finland, ranked 35th), and ASML (Netherlands, ranked 42nd) demonstrate the continent's technological prowess.

“ASML, with a market cap of $401.2 billion and an operating margin of 34.36%, and SAP, with a market cap of $232.2 billion and revenue of $34.4 billion, are noteworthy leaders.

“However, the limited presence of European companies in the top 100 list underscores a significant challenge: Europe is falling behind the tech powerhouses of the United States and Asia. Giants like Alphabet and Microsoft, with market caps in the trillions, illustrate the vast gap.

“This disparity highlights Europe's urgent need for increased investment in technology, enhanced innovation, and supportive policies to strengthen its tech sector and compete more effectively on the global stage." – TradeArabia News Service