Top 10 Foodservice Companies in the Profit Sector in the World by Market Capitalization
McDonald's Corp, Starbucks Corp, Chipotle Mexican Grill Inc, Compass Group Plc, and Yum! Brands, Inc. are the top 5 food service companies in the profit sector in the world in 2023 by market capitalization (as of Mar 31, 2023). Cumulatively, the top 10 global foodservice companies in the profit sector had a total market cap of $547,707 million (as of Mar 31, 2023), with McDonald's Corp having the highest ($204,534 million), followed by Starbucks Corp ($119,677 million), and Chipotle Mexican Grill Inc ($47,186 million), while Sodexo SA is the lowest ($14,394 million). The United States-based McDonald's Corp is the world’s leading food service company in the profit sector by market cap (as of Mar 31, 2023). The company reported revenues of $23,183 million for the fiscal year ended December 2022 (FY2022), a decrease of 0.2% over FY2021. The company operates and franchises McDonald’s restaurants that serve a locally-relevant menu of food and beverages. It employs 150,000 people. The United States-based Starbucks Corp is another leading food service company in the profit sector by market cap (as of Mar 31, 2023). The company reported revenues of $32,250 million for the fiscal year ended October 2022 (FY2022), an increase of 11% over FY2021. The company, through its stores, offers several blends of coffee, handcrafted beverages, merchandise, and food items. It employs 402,000 people.