Largest Companies by Market Cap — 2003

262 companies ranked by market capitalization in 2003. Page 3 of 6.

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Rank	Company	Sector	Market Cap
101	Iberdrola, S.A.IBE.MC	Utilities	$10.5B
102	FedEx CorporationFDX	Industrials	$10.4B
103	Bank of MontrealBMO.TO	Financial Services	$10.4B
104	Westpac Banking CorporationWBC.AX	Financial Services	$10.4B
105	Target CorporationTGT	Consumer Defensive	$10.4B
106	Telefonaktiebolaget LM Ericsson (publ)ERIC-B.ST	Technology	$10.3B
107	Commonwealth Bank of AustraliaCBA.AX	Financial Services	$10.3B
108	Chubb LimitedCB	Financial Services	$10.2B
109	ANZ Group Holdings LimitedANZ.AX	Financial Services	$10.1B
110	Duke Energy CorporationDUK	Utilities	$9.9B
111	Emerson Electric Co.EMR	Industrials	$9.9B
112	Mercedes-Benz Group AGMBG.DE	Consumer Cyclical	$9.7B
113	McDonald's CorporationMCD	Consumer Cyclical	$9.7B
114	Sysco CorporationSYY	Consumer Defensive	$9.6B
115	Wipro LimitedWIT	Technology	$9.5B
116	Bayerische Motoren Werke AktiengesellschaftBMW.DE	Consumer Cyclical	$9.5B
117	Thermo Fisher Scientific Inc.TMO	Healthcare	$8.9B
118	ICICI Bank LimitedIBN	Financial Services	$8.8B
119	América Móvil, S.A.B. de C.V.AMX	Communication Services	$8.8B
120	NextEra Energy, Inc.NEE	Utilities	$8.6B
121	Welltower Inc.WELL	Real Estate	$8.5B
122	Kimberly-Clark CorporationKMB	Consumer Defensive	$8.4B
123	Schneider Electric S.E.SU.PA	Industrials	$8.1B
124	Suncor Energy Inc.SU.TO	Energy	$8.0B
125	Adobe Inc.ADBE	Technology	$7.9B
126	Enbridge Inc.ENB.TO	Energy	$7.7B
127	BASF SEBAS.DE	Basic Materials	$7.7B
128	General Dynamics CorporationGD	Industrials	$7.6B
129	Novo Nordisk A/SNOVO-B.CO	Healthcare	$7.5B
130	Automatic Data Processing, Inc.ADP	Technology	$7.5B
131	Shin-Etsu Chemical Co., Ltd.4063.T	Basic Materials	$7.5B
132	Infosys LimitedINFY	Technology	$7.4B
133	Oversea-Chinese Banking Corporation LimitedO39.SI	Financial Services	$7.4B
134	ASML Holding N.V.ASML	Technology	$7.3B
135	AXA SACS.PA	Financial Services	$7.3B
136	Illinois Tool Works Inc.ITW	Industrials	$7.2B
137	Royal Caribbean Cruises Ltd.RCL	Consumer Cyclical	$7.1B
138	Marvell Technology, Inc.MRVL	Technology	$7.1B
139	S&P Global Inc.SPGI	Financial Services	$7.0B
140	Starbucks CorporationSBUX	Consumer Cyclical	$7.0B
141	Pernod Ricard SARI.PA	Consumer Defensive	$6.9B
142	American Electric Power Company, Inc.AEP	Utilities	$6.9B
143	ABB LtdABBN.SW	Industrials	$6.7B
144	Vale S.A.VALE	Basic Materials	$6.6B
145	Waste Management, Inc.WM	Industrials	$6.6B
146	HDFC Bank LimitedHDB	Financial Services	$6.5B
147	Paychex, Inc.PAYX	Technology	$6.5B
148	Union Pacific CorporationUNP	Industrials	$6.5B
149	Synopsys, Inc.SNPS	Technology	$6.5B
150	Danaher CorporationDHR	Healthcare	$6.5B

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