Seven powerhouse Philippine companies have made it to Forbes’ prestigious 2025 Global 2000 list, reaffirming the country’s growing presence in the global business arena. Led by SM Investments Corp. and BDO Unibank, the inclusion of these firms underscores the resilience, innovation, and global competitiveness of Filipino enterprises amid an evolving economic landscape.
Manila, Philippines – In a resounding victory for the Philippine economy, seven homegrown companies have secured their place among the world’s top 2,000 publicly listed firms, as ranked by Forbes’ prestigious 2025 Global 2000 list. This impressive showing underscores the growing strength and global competitiveness of Philippine businesses.
Giants of Global Commerce: Forbes’ 2025 Global 2000 Shatters Records
The year is 2025. Geopolitical tremors, trade wars fought with tariffs, and a world still grappling with the aftershocks of unprecedented events – yet, against this backdrop of uncertainty, a breathtaking spectacle unfolds: the titans of global commerce have not just survived, they’ve thrived. Forbes’ 23rd annual Global 2000 ranking, a meticulous assessment of the world’s largest public companies, reveals a stunning surge across all key metrics – sales, profits, assets, and market value – each reaching unprecedented heights.
This year’s 2,000 powerhouses command a collective annual revenue of $52.9 trillion, a testament to the sheer scale of their operations. But the truly staggering figures lie elsewhere: a combined $4.9 trillion in profit, a mind-boggling $242.2 trillion in assets, and a market capitalization that eclipses $91.3 trillion. These figures represent a dramatic acceleration of growth; profit, market value, and assets have more than tripled over the past two decades, while total sales have soared by 140%. This explosive growth is a powerful illustration of globalization’s transformative impact, a testament to the interconnectedness of the global economy, and a significant contribution from the United States.
The American financial juggernaut, JPMorgan Chase, reigns supreme for the third consecutive year, securing the coveted No. 1 spot. Its dominance underscores the enduring strength of the U.S. financial sector, leading a formidable contingent of 612 American companies featured on the list.
Familiar faces among the top 10 remain firmly entrenched: the tech behemoths Amazon and Microsoft continue their reign, alongside the international giants Saudi Aramco and the Industrial and Commercial Bank of China. These companies represent diverse sectors, demonstrating the breadth and depth of global economic power. However, the list also showcases the dynamism of the global market, with rising stars like Nvidia making a meteoric ascent, leaping to a remarkable 47th position this year.
This year’s ranking, meticulously calculated using the most up-to-date financial data available as of April 25, 2025, paints a vivid picture of a global economy both resilient and relentlessly ambitious. The sheer scale of the figures involved is breathtaking, a testament to the power of innovation, strategic vision, and the unwavering pursuit of global dominance in a world constantly reshaped by unforeseen challenges. The Forbes Global 2000 is not just a list; it’s a chronicle of unprecedented growth, a snapshot of the world’s most powerful economic forces, and a compelling narrative of success in the face of adversity.
Leading the charge are two titans of the Philippine business landscape: SM Investments Corp. and BDO Unibank. SM Investments, the flagship company of the Sy family, claimed the top spot among Philippine entries, securing a remarkable No. 811 ranking globally (a slight dip from No. 806 in 2024). Hot on its heels is BDO Unibank, the Sy family’s banking arm, which ascended to No. 846 (up from No. 880 last year).
Further solidifying the Philippines’ position on the global stage are:
- Top Frontier Holdings (No. 1,116): Parent company of San Miguel Corp., showcasing the continued success of this iconic conglomerate under the leadership of Ramon S. Ang and Iñigo Zobel. This marks a significant climb from last year’s No. 1,137.
- Metropolitan Bank and Trust Co. (Metrobank) (No. 1,317): The Ty family’s banking powerhouse continues its upward trajectory, improving its ranking from No. 1,345 in 2024.
- Manila Electric Co. (Meralco) (No. 1,530): Manuel V. Pangilinan’s Meralco made a stunning leap this year, soaring from No. 1,947 to No. 1,530, highlighting its remarkable growth and influence in the energy sector.
- Ayala Corp. (No. 1,644): Jaime Augusto Zobel de Ayala’s Ayala Corp., a diversified conglomerate, maintains its presence among the world’s elite, though experiencing a slight decrease in ranking from No. 1,602 last year.
- International Container Terminal Services Inc. (ICTSI) (No. 1,702): Making its debut on the prestigious list, ICTSI, led by Enrique “Ricky” K. Razon, showcases the dynamism and international reach of Philippine businesses in the global logistics sector.
This year’s Forbes Global 2000 list serves as a testament to the resilience, innovation, and strategic vision of Philippine companies. Their remarkable achievements not only boost national pride but also paint a promising picture for the future of the Philippine economy. The continued success of these giants signals a bright outlook for foreign investment and economic growth in the years to come.
Top 10 Global Companies in 2025: A Titans’ Clash
The global economic landscape is a dynamic arena, constantly reshaped by innovation, geopolitical shifts, and market fluctuations. In 2025, a select group of companies stand as giants, dominating various sectors and wielding immense influence. This article profiles the top 10 global companies, showcasing their strengths, strategies, and the factors contributing to their success.
1. JPMorgan Chase: A behemoth in the financial world, JPMorgan Chase’s vast network and diverse offerings, ranging from investment banking to consumer lending, solidify its position at the top. Its global reach and robust risk management capabilities contribute to its enduring success.
2. Berkshire Hathaway: Warren Buffett’s investment conglomerate, Berkshire Hathaway, is renowned for its long-term investment strategy and diverse portfolio spanning insurance, energy, and manufacturing. Its shrewd acquisitions and value-oriented approach have consistently delivered strong returns.
3. Industrial and Commercial Bank of China (ICBC): As the world’s largest bank by assets, ICBC’s dominance in the Chinese market and expanding international presence are key to its global ranking. Its extensive network and government backing provide a significant competitive advantage.
4. Saudi Aramco: The world’s largest oil producer, Saudi Aramco’s revenue is intrinsically linked to global oil prices. Its vast reserves and strategic importance in the global energy market ensure its continued prominence, despite the growing push for renewable energy.
5. Amazon: Amazon’s e-commerce dominance, coupled with its expansion into cloud computing (AWS), advertising, and entertainment, makes it a multifaceted powerhouse. Its relentless focus on innovation and customer experience fuels its ongoing growth.
6. Bank of America: Another major player in the financial sector, Bank of America benefits from its extensive branch network, diverse product offerings, and strong customer base. Its strategic acquisitions and digital transformation initiatives further enhance its competitiveness.
7. China Construction Bank: China Construction Bank, another major Chinese bank, mirrors ICBC’s success through its extensive domestic network and growing international presence. Its strong government ties and focus on infrastructure financing contribute to its global standing.
8. Agricultural Bank of China: The Agricultural Bank of China, while focusing on agricultural lending, has expanded its services to become a significant player in the broader Chinese financial market. Its vast customer base and government support underpin its success.
9. Alphabet: Alphabet, Google’s parent company, dominates the search engine market and holds significant influence in advertising, technology, and artificial intelligence. Its innovative products and services, coupled with its vast data resources, are key to its continued success.
10. Microsoft: Microsoft’s enduring success stems from its dominance in the software market, coupled with its cloud computing platform, Azure, and gaming division, Xbox. Its consistent innovation and strategic acquisitions maintain its position among the global elite.
This list represents a snapshot of the global economic landscape in 2025. The rankings are subject to change, reflecting the ever-evolving dynamics of the global marketplace. The companies listed here, however, represent the pinnacle of corporate achievement, showcasing resilience, innovation, and strategic acumen in a highly competitive environment.
Forbes said it used the latest available financial data as of April 25, 2025, to determine the rankings.

Top Philippine Companies by Market Value
This article analyzes the financial performance of seven leading Philippine companies, ranked by their market value as of the date of the data. The data includes rank, company name, headquarters, industry, sales, profit, assets, and market value.
Key Players in the Philippine Economy
The table showcases a diverse range of industries, highlighting the significant contributions of these companies to the Philippine economy. SM Investments, a retail giant, leads with a market value of $18.67 billion, reflecting its strong position in the consumer market. BDO Unibank, a major banking institution, follows closely with a market value of $15.09 billion. The presence of Ayala Corp (Construction) and Manila Electric (Utilities) underscores the importance of infrastructure and essential services in the country’s economic landscape.
Financial Performance Highlights
While market value provides a snapshot of investor perception, examining sales and profit figures offers a more nuanced understanding of each company’s financial health. SM Investments boasts impressive sales of $10.56 billion and a profit of $1.44 billion. BDO Unibank also demonstrates robust profitability with a profit of $1.43 billion on sales of $6.31 billion. Conversely, Top Frontier Investment Holdings, operating in the Oil & Gas sector, reported a loss of $193.1 million, indicating the challenges faced by this specific industry.
Asset Holdings and Future Outlook
The asset figures provide insight into the resources controlled by each company. BDO Unibank’s substantial assets of $84.33 billion highlight its financial strength and stability. Metropolitan Bank & Trust also demonstrates significant asset holdings of $60.87 billion. The varying asset levels across the companies reflect their distinct business models and growth strategies.
This analysis of leading Philippine companies reveals a dynamic and diverse economic landscape. The strong performance of companies in retail, banking, and essential services indicates a healthy economy. However, challenges exist within certain sectors, as evidenced by the loss reported by Top Frontier Investment Holdings. Further investigation into the specific factors influencing the performance of each company would provide a more comprehensive understanding of the Philippine business environment.