Largest Companies by Market Cap — 2004

267 companies ranked by market capitalization in 2004. Page 3 of 6.

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Rank	Company	Sector	Market Cap
101	Iberdrola, S.A.IBE.MC	Utilities	$13.0B
102	Duke Energy CorporationDUK	Utilities	$12.9B
103	McDonald's CorporationMCD	Consumer Cyclical	$12.7B
104	Ambev S.A.ABEV	Consumer Defensive	$12.7B
105	Adobe Inc.ADBE	Technology	$12.7B
106	Honda Motor Co., Ltd.7267.T	Consumer Cyclical	$12.6B
107	Honeywell International Inc.HON	Industrials	$12.4B
108	Colgate-Palmolive CompanyCL	Consumer Defensive	$12.4B
109	ANZ Group Holdings LimitedANZ.AX	Financial Services	$12.4B
110	Dominion Energy, Inc.D	Utilities	$12.4B
111	The PNC Financial Services Group, Inc.PNC	Financial Services	$12.3B
112	DBS Group Holdings LtdD05.SI	Financial Services	$12.1B
113	Commonwealth Bank of AustraliaCBA.AX	Financial Services	$11.9B
114	Bank of MontrealBMO.TO	Financial Services	$11.5B
115	Accenture plcACN	Technology	$11.5B
116	Lowe's Companies, Inc.LOW	Consumer Cyclical	$11.4B
117	Royal Caribbean Cruises Ltd.RCL	Consumer Cyclical	$11.2B
118	Infosys LimitedINFY	Technology	$11.0B
119	Emerson Electric Co.EMR	Industrials	$11.0B
120	Chubb LimitedCB	Financial Services	$10.8B
121	Thermo Fisher Scientific Inc.TMO	Healthcare	$10.6B
122	Suncor Energy Inc.SU.TO	Energy	$10.6B
123	ICICI Bank LimitedIBN	Financial Services	$10.4B
124	NextEra Energy, Inc.NEE	Utilities	$10.3B
125	Koninklijke Philips N.V.PHIA.AS	Healthcare	$10.2B
126	Vale S.A.VALE	Basic Materials	$10.2B
127	Sysco CorporationSYY	Consumer Defensive	$9.9B
128	Elevance Health, Inc.ELV	Healthcare	$9.9B
129	Biogen Inc.BIIB	Healthcare	$9.8B
130	Applied Materials, Inc.AMAT	Technology	$9.8B
131	HDFC Bank LimitedHDB	Financial Services	$9.8B
132	Mercedes-Benz Group AGMBG.DE	Consumer Cyclical	$9.7B
133	Kimberly-Clark CorporationKMB	Consumer Defensive	$9.6B
134	eBay Inc.EBAY	Consumer Cyclical	$9.6B
135	Welltower Inc.WELL	Real Estate	$9.6B
136	Novo Nordisk A/SNOVO-B.CO	Healthcare	$9.4B
137	BASF SEBAS.DE	Basic Materials	$9.4B
138	S&P Global Inc.SPGI	Financial Services	$9.4B
139	Pernod Ricard SARI.PA	Consumer Defensive	$9.1B
140	Enbridge Inc.ENB.TO	Energy	$8.9B
141	General Dynamics CorporationGD	Industrials	$8.9B
142	Bayerische Motoren Werke AktiengesellschaftBMW.DE	Consumer Cyclical	$8.7B
143	AXA SACS.PA	Financial Services	$8.6B
144	Motorola Solutions, Inc.MSI	Technology	$8.5B
145	Automatic Data Processing, Inc.ADP	Technology	$8.5B
146	Oversea-Chinese Banking Corporation LimitedO39.SI	Financial Services	$8.4B
147	Becton, Dickinson and CompanyBDX	Healthcare	$8.3B
148	Schneider Electric S.E.SU.PA	Industrials	$8.3B
149	Infineon Technologies AGIFX.DE	Technology	$8.2B
150	Eaton Corporation plcETN	Industrials	$8.2B

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