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S&P 500 Market Cap vs. Employees

!Image 1: Big Whale in a Suit

Big Whale Hunting: Market Cap vs. Employees, 21 Oct 2026

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Each bubble is an S&P 500 company, its area proportional to its market capitalization as of 21 Oct 2026, grouped by sector. Inside it, one stick figure stands for 10,000 employees, so a bubble crowded with small figures is worth little per worker and a big bubble with a handful of figures is worth a lot. Every figure is the same size, so how densely a bubble is filled shows its employees per dollar of market cap.

Only companies with at least 10,000 employees and a market cap of at least $20B are shown (329 of the S&P 500), plus a few big companies with fewer employees, such as Palantir and Welltower, drawn as one half-size figure. Employee counts are full-time staff from each company's latest annual report, so they lag up to a year. Click a company for its details; scroll or pinch to zoom in on the small ones.

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3M (MMM) Abbott (ABT) AbbVie (ABBV) Accenture (ACN) ADM (ADM) Adobe Inc. (ADBE) ADP (ADP) Aflac (AFL) Agilent Technologies (A) Air Products and Chemicals (APD) Airbnb (ABNB) Allstate (ALL) Alphabet Inc. (Class A) (GOOGL) Altria (MO) Amazon (AMZN) Amcor (AMCR) AMD (AMD) American Electric Power (AEP) American Express (AXP) American International Group (AIG) Ameriprise Financial (AMP) Ametek (AME) Amgen (AMGN) Amphenol (APH) Analog Devices (ADI) Aon (AON) Apple Inc. (AAPL) Applied Materials (AMAT) Arista Networks (ANET) Arthur J. Gallagher & Co. (AJG) AT&T (T) Autodesk (ADSK) AutoZone (AZO) Baker Hughes (BKR) Bank of America (BAC) Becton Dickinson (BDX) Berkshire Hathaway (BRK.B) BlackRock (BLK) Block, Inc. (XYZ) BNY Mellon (BNY) Boeing (BA) Booking Holdings (BKNG) Boston Scientific (BSX) Bristol Myers Squibb (BMY) Broadcom Inc. (AVGO) Broadridge Financial Solutions (BR) Brown & Brown (BRO) Cadence Design Systems (CDNS) Capital One (COF) Cardinal Health (CAH) Carnival (CCL) Carrier Global (CARR) Carvana (CVNA) Casey's (CASY) Caterpillar Inc. (CAT) CBRE Group (CBRE) Cencora (COR) Centene Corporation (CNC) Charles Schwab Corporation (SCHW) Chevron Corporation (CVX) Chipotle Mexican Grill (CMG) Chubb Limited (CB) Cigna (CI) Cintas (CTAS) Cisco (CSCO) Citigroup (C) Citizens Financial Group (CFG) CME Group (CME) Coca-Cola Company (The) (KO) Cognizant (CTSH) Coherent Corp. (COHR) Colgate-Palmolive (CL) Comcast (CMCSA) Comfort Systems USA (FIX) ConocoPhillips (COP) Consolidated Edison (ED) Constellation Energy (CEG) Copart (CPRT) Corning Inc. (GLW) Corpay (CPAY) Costco (COST) CRH plc (CRH) CrowdStrike (CRWD) CSX (CSX) Cummins (CMI) CVS Health (CVS) D.R. Horton (DHI) Danaher Corporation (DHR) Darden Restaurants (DRI) Dell Technologies (DELL) Delta Air Lines (DAL) Dexcom (DXCM) Disney (DIS) Dollar General (DG) Dollar Tree (DLTR) Dominion Energy (D) DoorDash (DASH) Dover Corporation (DOV) Dow Inc. (DOW) Duke Energy (DUK) Eaton Corporation (ETN) eBay (EBAY) EchoStar (ECHO) Ecolab (ECL) Edison International (EIX) Edwards Lifesciences (EW) Elevance Health (ELV) Eli Lilly and Company (LLY) Emcor (EME) Emerson Electric (EMR) Entergy (ETR) Equifax (EFX) Equinix (EQIX) Estée Lauder Companies (The) (EL) Eversource (ES) Exelon (EXC) Expedia Group (EXPE) Expeditors International (EXPD) ExxonMobil (XOM) Fastenal (FAST) FedEx (FDX) Ferguson Enterprises (FERG) Fifth Third Bank (FITB) FirstEnergy (FE) Fiserv (FISV) Flex Ltd. (FLEX) Ford Motor Company (F) Fortinet (FTNT) Fox Corporation (Class A) (FOXA) Freeport-McMoRan (FCX) Garmin (GRMN) GE HealthCare (GEHC) GE Vernova (GEV) General Dynamics (GD) General Electric (GE) General Motors (GM) Gilead Sciences (GILD) Global Payments (GPN) Goldman Sachs (GS) Halliburton (HAL) Hartford (The) (HIG) HCA Healthcare (HCA) Hershey's (HSY) Hewlett Packard Enterprise (HPE) Hilton Worldwide (HLT) Home Depot (The) (HD) Honeywell (HON) Honeywell Aerospace (HONA) Howmet Aerospace (HWM) HP Inc. (HPQ) Hubbell Incorporated (HUBB) Humana (HUM) Huntington Bancshares (HBAN) IBM (IBM) Idexx Laboratories (IDXX) Illinois Tool Works (ITW) Ingersoll Rand (IR) Intel (INTC) Intercontinental Exchange (ICE) International Flavors & Fragrances (IFF) Intuit (INTU) Intuitive Surgical (ISRG) IQVIA (IQV) Iron Mountain (IRM) J.B. Hunt (JBHT) Jabil (JBL) John Deere (DE) Johnson & Johnson (JNJ) Johnson Controls (JCI) JPMorgan Chase (JPM) Kenvue (KVUE) Keurig Dr Pepper (KDP) KeyCorp (KEY) Keysight (KEYS) Kimberly-Clark (KMB) Kinder Morgan (KMI) KLA Corporation (KLAC) Kraft Heinz (KHC) Kroger (KR) L3Harris (LHX) LabCorp (LH) Lam Research (LRCX) Las Vegas Sands (LVS) Linde plc (LIN) Live Nation Entertainment (LYV) Lockheed Martin (LMT) Loews Corporation (L) Lowe's (LOW) Lumentum (LITE) LyondellBasell (LYB) M&T Bank (MTB) Marathon Petroleum (MPC) Marriott International (MAR) Marsh McLennan (MRSH) Marvell Technology (MRVL) Mastercard (MA) McDonald's (MCD) McKesson (MCK) Medtronic (MDT) Merck & Co. (MRK) Meta Platforms (META) MetLife (MET) Mettler Toledo (MTD) Microchip Technology (MCHP) Micron Technology (MU) Microsoft (MSFT) Mondelez International (MDLZ) Moody's Corporation (MCO) Morgan Stanley (MS) Motorola Solutions (MSI) NetApp (NTAP) Netflix (NFLX) Newmont (NEM) NextEra Energy (NEE) Nike, Inc. (NKE) Norfolk Southern Railway (NSC) Northern Trust (NTRS) Northrop Grumman (NOC) NRG Energy (NRG) Nucor (NUE) Nvidia (NVDA) NXP Semiconductors (NXPI) O'Reilly Auto Parts (ORLY) Occidental Petroleum (OXY) Old Dominion (ODFL) Omnicom Group (OMC) ON Semiconductor (ON) Oracle Corporation (ORCL) Otis Worldwide (OTIS) Paccar (PCAR) Packaging Corporation of America (PKG) Palantir Technologies (PLTR) Palo Alto Networks (PANW) Parker Hannifin (PH) Paychex (PAYX) PayPal (PYPL) PepsiCo (PEP) Pfizer (PFE) PG&E Corporation (PCG) Philip Morris International (PM) Phillips 66 (PSX) PNC Financial Services (PNC) PPG Industries (PPG) Principal Financial Group (PFG) Procter & Gamble (PG) Progressive Corporation (PGR) Prologis (PLD) Prudential Financial (PRU) Public Service Enterprise Group (PEG) Qnity Electronics (Q) Qualcomm (QCOM) Quanta Services (PWR) Quest Diagnostics (DGX) Ralph Lauren Corporation (RL) Raymond James (RJF) Regeneron (REGN) Regions Financial Corporation (RF) Republic Services (RSG) ResMed (RMD) Rockwell Automation (ROK) Roper Technologies (ROP) Ross Stores (ROST) Royal Caribbean Group (RCL) RTX Corporation (RTX) S&P Global (SPGI) Salesforce (CRM) Sandisk (SNDK) Schlumberger (SLB) Seagate Technology (STX) Sempra Energy (SRE) ServiceNow (NOW) Sherwin-Williams (SHW) Smurfit Westrock (SW) Southern Company (SO) Starbucks (SBUX) State Street Corporation (STT) Steel Dynamics (STLD) Steris (STE) Stryker Corporation (SYK) Synchrony Financial (SYF) Synopsys (SNPS) Sysco (SYY) T-Mobile US (TMUS) Take-Two Interactive (TTWO) Tapestry, Inc. (TPR) Target Corporation (TGT) TE Connectivity (TEL) Teledyne Technologies (TDY) Tesla, Inc. (TSLA) Texas Instruments (TXN) Thermo Fisher Scientific (TMO) TJX Companies (TJX) Trane Technologies (TT) TransDigm Group (TDG) Travelers Companies (The) (TRV) Truist (TFC) U.S. Bank (USB) Uber (UBER) Ulta Beauty (ULTA) Union Pacific Corporation (UNP) United Airlines Holdings (UAL) United Parcel Service (UPS) United Rentals (URI) UnitedHealth Group (UNH) Valero Energy (VLO) Veralto (VLTO) Verizon (VZ) Vertex Pharmaceuticals (VRTX) Vertiv (VRT) Viatris (VTRS) Visa Inc. (V) Vulcan Materials Company (VMC) W. W. Grainger (GWW) Wabtec (WAB) Walmart (WMT) Warner Bros. Discovery (WBD) Waste Management (WM) Waters Corporation (WAT) Wells Fargo (WFC) Welltower (WELL) West Pharmaceutical Services (WST) Western Digital (WDC) Williams-Sonoma, Inc. (WSM) Willis Towers Watson (WTW) Workday, Inc. (WDAY) Xcel Energy (XEL) Xylem Inc. (XYL) Yum! Brands (YUM) Zoetis (ZTS) ← TablesMarket capDirector graphBlog

= 10,000 employees

= fewer than 10,000

Circle area = market cap

Employees per $1B of market cap

Most

1. Cognizant 11,061 2. Kroger 10,754 3. Darden Restaurants 8,512

Fewest

1. Welltower 4 2. Nvidia 8 3. Palantir Technologies 10

Sectors

- Information Technology 3,929k

- Financials 3,068k

- Communication Services 1,159k

- Consumer Discretionary 5,670k

- Health Care 2,815k

- Industrials 3,820k

- Consumer Staples 4,628k

- Energy 382k

- Materials 691k

- Utilities 291k

- Real Estate 202k

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Market cap Employees Market cap per employee Rank by employees Rank by market capDirectors & holders in the table →

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