5 Biggest Utility Companies in the World

2. PJSC Gazprom (MCX:GAZP)

Market Cap As of June 17: $129.23B

Headquartered in the Lakhta Center in Saint Petersburg, Russia, PJSC Gazprom (MCX:GAZP) is a majority state-owned multinational energy corporation, and is the second-largest utility company in the world by market capitalization. It has been ranked as the largest publicly listed natural gas company in the world and the largest company in Russia by revenue, with it securing a 32nd position on the Fortune 2000, which aimed to rank the largest public companies in the world. As of 2020, PJSC Gazprom (MCX:GAZP) has generated a mammoth annual revenue of $87.4 billion with the operating income staying steady below $8.5 billion, causing  the company to achieve a dividend yield of 4.24% and a profit-to-equity ratio of 3.34.