Our annual ranking of the world's largest corporations

16 of 500
16. E.ON
Financials: Latest Results
Rank: 16 (Previous rank: 29)
CEO: Johannes Teyssen
Employees: 78,889
Address: E.ON Platz 1
Dsseldorf, 40479
Country: Germany
Website: www.eon.com

Germany's largest utility company, E.ON, is struggling in the face of a couple of tough conditions: For one, demand in Europe for energy is flatlining. And last year, the German government called for the shutdown of its nuclear reactors in the wake of the Fukushima plant disaster in Japan.

E.ON and other utilities companies are suing the German government for damages as a result of its decision to close the reactors. E.ON is asking for 8 billion (about $10 billion) in damages. Going forward, the company plans to continue to survive the economic environment by selling non-core assets and boosting its efforts in renewable energy, CEO Johannes Teyssen said during the company's interim report for the first quarter of 2012. --S.D.

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  $ millions % change from 2010
Revenues 157,057.1 25.6
Profits -3,085.4 -139.8
Assets 198,473.7 --
Stockholders' equity 46,397.3 --
Profits as % of  
Revenues -2
Assets -1.5546
From the July 23, 2012 issue
Figures prepared in accordance with International Accounting Standards.
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Rank # of Global 500 Companies
U.S. 132
China 73
Japan 68
Company 2011 Number of Employees
Wal-Mart Stores 2,200,000
China National Petroleum 1,668,072
State Grid 1,583,000
Company 2011 Profits
($ millions)
Gazprom $44,459.6
Exxon Mobil $41,060
Industrial & Commercial Bank of China $32,214.1
FAQ and methodology
All companies on the list must publish financial data and report part or all of their figures to a government agency. In the U.S., private companies and cooperatives... More
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