Top 10 Power Producers in the World by Market Capitalization
NextEra Energy Inc, Siemens AG, Schneider Electric SE, Iberdrola SA, and Southern Co are the top 5 power producers in the world in 2023 by market capitalization (as of Mar 31, 2023). Cumulatively, the top 10 power producers in the world had a total market cap of $818,383 million (as of Mar 31, 2023), with NextEra Energy Inc having the highest ($153,196 million), followed by Siemens AG ($129,427 million), and Schneider Electric SE ($105,021 million), while American Electric Power Co Inc is the lowest ($46,757 million). The United States-based NextEra Energy Inc is the world’s leading power producer in the world by market cap (as of Mar 31, 2023). The company reported revenues of $20,956 million for the fiscal year ended December 2022 (FY2022), an increase of 22.8% over FY2021. The company also purchases electricity for resale and provides risk management services related to power and gas consumption. It employs 15,000 people. The Germany-based Siemens AG is another leading power producer in the world by market cap (as of Mar 31, 2023). The company reported revenues of $85,109 million for the fiscal year ended September 2022 (FY2022), an increase of 19.90% over FY2021. The company designs, develop and manufactures products, and installs complex systems and projects. It employs 313,000 people.