Go Premium
This blog explores the largest US Companies ranked by revenue in 2023. We also review their sharia-compliant status based on the Musaffa halal stock screener.
- NVIDIA Corp (NVDA)
NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software.
Revenue
| Revenue Segment | Amount (in millions USD) |
|---|---|
| Walmart US | 441,817 |
| Walmart International | 114,641 |
| Sam’s Club | 86,179 |
| Membership and Other Income | 5,488 |
| Total | 648,125 |
Shariah-compliance status: Halal (based on fiscal 2025 first quarter report)
- Eli Lilly and Co (LLY)
Eli Lilly & Co. engages in the discovery, development, manufacture, and sale of pharmaceutical products.
Revenue
| Revenue Segment | Amount (in millions USD) |
|---|---|
| Online stores | 231,872 |
| Physical stores | 20,030 |
| Third-party seller services | 140,053 |
| Advertising services | 46,906 |
| Subscription services | 40,209 |
| AWS | 90,757 |
| Other | 4,958 |
| Total | 574,785 |
Shariah-compliance status: Halal (based on fiscal 2024 first quarter report)
- Apple Inc (AAPL)
Apple Inc. is an American multinational technology company that designs, develops, and sells consumer electronics, computer software, and online services.
Revenue
| Revenue Segment | Amount (in millions USD) |
|---|---|
| iPhone | 204,510 |
| Mac | 29,402 |
| iPad | 25,927 |
| Wearables, Home and Accessories | 38,316 |
| Services | 87,551 |
| Total | 385,706 |
Shariah-compliance status: Halal (based on fiscal 2023 annual report)
- Broadcom Inc (AVGO)
Broadcom Inc. is a global technology company, which designs, develops, and supplies semiconductors and infrastructure software solutions.
Revenue
| Revenue Segment | Amount (in millions USD) |
|---|---|
| Premiums | 290,827 |
| Products | 42,583 |
| Services | 34,123 |
| Investment and other income | 4,089 |
| Total | 371,622 |
Shariah-compliance status: Halal (based on fiscal 2024 first quarter report)
- Mastercard Inc (MA)
Mastercard, Inc. is a technology company, which engages in the provision of payment solutions for the development and implementation of credit, debit, prepaid, commercial, and payment programs through its brands including Mastercard, Maestro, and Cirrus.
Revenue
| Revenue Segment | Amount (in millions USD) |
|---|---|
| Insurance premiums earned | 83,403 |
| Sales and service revenues | 155,687 |
| Leasing revenues | 8,416 |
| Interest, dividend and other investment income | 15,561 |
| Freight rail transportation revenues | 23,791 |
| Utility and energy operating revenues | 72,693 |
| Service revenues and other income | 4,931 |
| Total | 364,482 |
Shariah-compliance status: Halal (based on fiscal 2024 first quarter report)
- Chevron Corp (CVX)
Chevron Corp. engages in the provision of administrative, financial management, and technology support for energy and chemical operations. The company is headquartered in San Ramon, California and currently employs 45,600 full-time employees.
Revenue
| Revenue Segment | Amount (in millions USD) |
|---|---|
| Pharmacy | 223,452 |
| Front Store | 22,458 |
| Premiums | 99,192 |
| Net investment income | 1,153 |
| Other | 11,521 |
| Total | 357,776 |
Shariah-compliance status: Halal (based on fiscal 2024 first quarter report)
- Exxon Mobil Corp (XOM)
Exxon Mobil Corp. explores, develops, and distributes oil, gas, and petroleum products.
Revenue
| Revenue Segment | Amount (in millions USD) |
|---|---|
| Upstream | 25,574 |
| Energy Products | 268,383 |
| Chemical Products | 22,265 |
| Specialty Products | 18,407 |
| Corporate and Financing | 68 |
| Total | 334,697 |
Shariah-compliance status: Halal (based on fiscal 2024 first quarter report)
- Alphabet Inc (GOOGL)
Alphabet, Inc. engages in the business of delivering online advertising, cloud-based solutions that provide enterprise customers with infrastructure and platform services, the provision of communication and collaboration tools, and sales of other products and services such as apps and in-app purchases, hardware, and subscription-based products.
Revenue
| Revenue Segment | Amount (in millions USD) |
|---|---|
| Google advertising | 237,855 |
| Google subscriptions, platforms, and devices | 34,688 |
| Google Cloud | 33,088 |
| Other Bets | 1,527 |
| Hedging gains | 236 |
| Total | 307,394 |
Shariah-compliance status: Doubtful (based on fiscal 2024 first quarter report)
Note: Shariah-compliance status provided above are based on Musaffa Shariah screening using AAOIFI standards. The compliance status of stocks may change based on the screening of subsequent financial results.