The largest companies in Switzerland by revenue include commodity traders, food producers, banks, insurers and pharmaceutical groups, several of which are among the largest in Europe. This list ranks the 25 Switzerland-based companies with the highest revenue in the Fortune 500 Europe 2026, published by Fortune on 16 September 2026.
Glencore heads the Swiss ranking with fiscal 2025 revenue of US$247.5bn, followed by Nestlé and UBS. Switzerland has 40 companies on the 2026 European list, the fourth-highest number after the United Kingdom, Germany and France.
Figures are Fortune's, in US dollars, for fiscal years ended 31 December 2025 unless otherwise noted.
Contents
- Composition of the ranking
- Methodology
- The list
- Ranking table
- Companies just outside the top 25
- Frequently asked questions
- See also
Composition of the ranking
Financial services form the largest group in the Swiss top 25. Five companies are banks or insurers: UBS, Zurich Insurance Group, Chubb, Swiss Re and Swiss Life, all headquartered in Zurich. Two pharmaceutical groups, Roche and Novartis, are both based in Basel, and the two retail cooperatives Coop and Migros are among the largest domestic employers.
A notable feature of the Swiss list is the number of companies that are legally incorporated elsewhere or that have executive offices in more than one country. Fortune records Glencore, Amcor and Aptiv as incorporated in Jersey with executive offices in Switzerland, and Bunge Global as incorporated in Switzerland with executive offices in both Switzerland and the United States. DSM-Firmenich is incorporated in Switzerland but keeps head offices in the Netherlands as well.
On Fortune's figures the 25 companies reported combined revenue of about US$1.18 trillion and employed about 1.71 million people, much of it outside Switzerland. The 40 Swiss companies on the European list together reported about US$1.35 trillion.
Methodology
Entries are the 25 highest-revenue companies that Fortune assigns to Switzerland in the Fortune 500 Europe 2026, in Fortune's order. Fortune ranks companies by total revenue for their latest available fiscal year and includes only companies that publish financial data and report part or all of their figures to a government agency.
Revenue includes consolidated subsidiaries and reported revenues from discontinued operations and excludes excise taxes. For banks it is gross interest income plus gross non-interest income; for insurers it includes premium and annuity income, investment income, realised capital gains or losses and other income, excluding deposits.
Currency and country assignment. Fortune converts revenue and profit to US dollars at the average exchange rate of each company's fiscal year, so changes in the Swiss franc against the dollar affect year-on-year comparisons. No further conversion has been applied here. Country assignment follows Fortune, which places companies such as Chubb, Bunge Global, Amcor and Aptiv in Switzerland on the basis of their head offices; other compilers may treat them differently. Employee numbers are worldwide, as published by each company.
The list
1
G
Baar-based commodity producer and trader; Switzerland's largest company by revenue
Best for: Mining and commodity trading
Glencore is the largest company in Switzerland by revenue and third in the whole Fortune 500 Europe, with fiscal 2025 revenue of US$247.5bn, up 7.18% in dollar terms. Its net profit was much smaller, at US$363m. Fortune notes that the group is incorporated in Jersey and has its executive offices in Switzerland, at Baar in the canton of Zug. It reported 80,423 employees. On the Fortune Global 500 2026 it ranks 24th, the highest of any Swiss-based company.
- Revenue (latest fiscal year)
- US$247.5bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 December 2025
- Revenue change (US$)
- 7.18%
- Employees
- 80,423
- Headquarters
- Baar, Switzerland
- Industry (Fortune)
- Mining, Crude-Oil Production
- Chief executive
- Gary Nagle
- Fortune 500 Europe 2026 rank
- 3
- Stock listing (Fortune)
- Listed
2
Vevey-based food and beverage group; largest Swiss employer on the list
Best for: Food and beverages
Nestlé, headquartered in Vevey on Lake Geneva, is the largest Swiss company outside commodities, with fiscal 2025 revenue of US$107.7bn, up 3.84%. Its net profit of US$10.9bn was the third highest in the Swiss top 25, after Roche and Novartis, and it is the largest employer on the list, with 271,000 staff. Fortune lists Philipp Navratil as chief executive. The group makes packaged foods, coffee, pet food and nutrition products sold in most countries, and ranks 17th in Europe overall.
- Revenue (latest fiscal year)
- US$107.7bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 December 2025
- Revenue change (US$)
- 3.84%
- Employees
- 271,000
- Headquarters
- Vevey, Switzerland
- Industry (Fortune)
- Food Consumer Products
- Chief executive
- Philipp Navratil
- Fortune 500 Europe 2026 rank
- 17
- Stock listing (Fortune)
- Listed
3
Zurich-based global bank and wealth manager
Best for: Banking and wealth management
UBS is Switzerland's largest bank and the third-largest Swiss company by revenue. Fortune records fiscal 2025 revenue of US$78.8bn, down 9.60% on the previous year, and net profit of US$7.8bn. For banks, Fortune's revenue figure is the sum of gross interest income and gross non-interest income, so it is not directly comparable with a bank's own reported operating income. UBS employs 103,177 people and is led by Sergio P. Ermotti.
- Revenue (latest fiscal year)
- US$78.8bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 December 2025
- Revenue change (US$)
- -9.60%
- Employees
- 103,177
- Headquarters
- Zurich, Switzerland
- Industry (Fortune)
- Banks: Commercial and Savings
- Chief executive
- Sergio P. Ermotti
- Fortune 500 Europe 2026 rank
- 41
- Stock listing (Fortune)
- Listed
4
Basel-based pharmaceuticals and diagnostics group
Best for: Pharmaceuticals
Roche, based in Basel, is the larger of Switzerland's two pharmaceutical groups by revenue, with fiscal 2025 revenue of US$76.3bn, up 7.64%. Its net profit of US$15.5bn was the highest of any Swiss company in the ranking. Roche employs 112,774 people across its pharmaceuticals and diagnostics divisions. It ranks 42nd in the Fortune 500 Europe, one place behind UBS.
- Revenue (latest fiscal year)
- US$76.3bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 December 2025
- Revenue change (US$)
- 7.64%
- Employees
- 112,774
- Headquarters
- Basel, Switzerland
- Industry (Fortune)
- Pharmaceuticals
- Fortune 500 Europe 2026 rank
- 42
5
BG
Agribusiness and oilseed processor incorporated in Switzerland
Best for: Agribusiness
Bunge Global is an agribusiness and food-ingredient company that trades and processes oilseeds and grains. Fortune lists it as Swiss, noting that it is incorporated in Switzerland with executive offices in Switzerland and the United States; the Fortune entry gives Geneva as its headquarters city. Its fiscal 2025 revenue of US$70.3bn rose 32.43%, while net profit was US$816m. It reports 34,000 employees.
- Revenue (latest fiscal year)
- US$70.3bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 December 2025
- Revenue change (US$)
- 32.43%
- Employees
- 34,000
- Headquarters
- Geneva, Switzerland
- Industry (Fortune)
- Food Production
- Chief executive
- Gregory A. Heckman
- Fortune 500 Europe 2026 rank
- 49
- Stock listing (Fortune)
- Listed
6
ZI
Zurich-based multi-line insurer
Best for: Insurance
Zurich Insurance Group is the largest Swiss insurer on Fortune's revenue measure, which for insurers includes premium and annuity income, investment income and realised capital gains or losses but excludes deposits. Fiscal 2025 revenue was US$69.8bn, up 6.05%, and net profit was US$6.8bn. The group employs 63,965 people. It ranks 52nd in the Fortune 500 Europe 2026.
- Revenue (latest fiscal year)
- US$69.8bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 December 2025
- Revenue change (US$)
- 6.05%
- Employees
- 63,965
- Headquarters
- Zurich, Switzerland
- Industry (Fortune)
- Insurance: Property and Casualty (Stock)
- Fortune 500 Europe 2026 rank
- 52
7
C
Property and casualty insurer with its registered head office in Zurich
Best for: Insurance
Chubb is a property and casualty insurer that Fortune assigns to Switzerland, giving Zurich as its headquarters city. Its fiscal 2025 revenue was US$59.4bn, up 6.54%, with net profit of US$10.3bn. Unlike most companies on this list, Chubb prepares its accounts under US Generally Accepted Accounting Principles, as Fortune notes in its profile, which also names Evan G. Greenberg as chief executive. It reports 45,000 employees.
- Revenue (latest fiscal year)
- US$59.4bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 December 2025
- Revenue change (US$)
- 6.54%
- Employees
- 45,000
- Headquarters
- Zurich, Switzerland
- Industry (Fortune)
- Insurance: Property and Casualty (Stock)
- Chief executive
- Evan G. Greenberg
- Fortune 500 Europe 2026 rank
- 64
- Stock listing (Fortune)
- Listed
8
Basel-based innovative medicines company
Best for: Pharmaceuticals
Novartis is Switzerland's second pharmaceutical group by revenue, after Roche, reporting fiscal 2025 revenue of US$56.7bn, up 9.57%. Net profit was US$14.0bn, the second highest in the Swiss top 25. Like Roche, it is headquartered in Basel, and it employs 75,267 people. It ranks 69th in the Fortune 500 Europe 2026.
- Revenue (latest fiscal year)
- US$56.7bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 December 2025
- Revenue change (US$)
- 9.57%
- Employees
- 75,267
- Headquarters
- Basel, Switzerland
- Industry (Fortune)
- Pharmaceuticals
- Fortune 500 Europe 2026 rank
- 69
9
Best for: Reinsurance
Swiss Re is one of the world's largest reinsurers. Fortune records its fiscal 2025 revenue at US$44.1bn, down 3.87%, and net profit at US$4.7bn. With 14,893 employees it has by far the highest revenue per employee among Swiss insurers in the ranking. Swiss Re is the fourth of five Zurich-headquartered financial groups in the Swiss top 25, alongside UBS, Zurich Insurance, Chubb and Swiss Life.
- Revenue (latest fiscal year)
- US$44.1bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 December 2025
- Revenue change (US$)
- -3.87%
- Employees
- 14,893
- Headquarters
- Zurich, Switzerland
- Industry (Fortune)
- Insurance: Property and Casualty (Stock)
- Fortune 500 Europe 2026 rank
- 98
10
Basel-based retail and wholesale cooperative
Best for: Retail
Coop is one of Switzerland's two dominant retail cooperatives. Fortune classifies it as a cooperative and a private company. Its fiscal 2025 revenue was US$42.7bn, up 7.84%, ahead of its rival Migros, and it employs 84,276 people. Fortune cautions that profits for cooperatives are reported but are not comparable with those of other companies on the list, because they are not taxed on a comparable basis.
- Revenue (latest fiscal year)
- US$42.7bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 December 2025
- Revenue change (US$)
- 7.84%
- Employees
- 84,276
- Headquarters
- Basel, Switzerland
- Industry (Fortune)
- Food and Drug Stores
- Chief executive
- Philipp Wyss
- Fortune 500 Europe 2026 rank
- 104
- Stock listing (Fortune)
- Not listed
11
Zurich-based federation of retail cooperatives
Best for: Retail
Migros is Switzerland's other large retail cooperative, headquartered in Zurich. Fortune lists it as a private company organised as a cooperative. Revenue was US$37.0bn in fiscal 2025, almost unchanged at +0.20%, placing it behind Coop for the year. The group employs 69,042 people. Fortune names Mario Irminger as chief executive.
- Revenue (latest fiscal year)
- US$37.0bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 December 2025
- Revenue change (US$)
- 0.20%
- Employees
- 69,042
- Headquarters
- Zurich, Switzerland
- Industry (Fortune)
- Food and Drug Stores
- Chief executive
- Mario Irminger
- Fortune 500 Europe 2026 rank
- 123
- Stock listing (Fortune)
- Not listed
12
Zurich-based electrification and automation group
Best for: Industrial technology
ABB, based in Zurich, makes electrification and automation equipment for utilities, industry and transport. Fortune records fiscal 2025 revenue of US$35.6bn, up 8.22%, and net profit of US$4.7bn. It is the largest Swiss industrial-machinery company in the ranking and employs 111,900 people. ABB ranks 129th in the Fortune 500 Europe 2026.
- Revenue (latest fiscal year)
- US$35.6bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 December 2025
- Revenue change (US$)
- 8.22%
- Employees
- 111,900
- Headquarters
- Zurich, Switzerland
- Industry (Fortune)
- Industrial Machinery
- Fortune 500 Europe 2026 rank
- 129
13
KN
Sea, air and road freight forwarder based in Schindellegi
Best for: Logistics
Kuehne + Nagel International is a freight-forwarding and contract-logistics group headquartered in Schindellegi, in the canton of Schwyz. Its fiscal 2025 revenue was US$29.5bn, up 4.61%, with net profit of US$1.1bn. It is among the largest Swiss employers on the list, with 105,444 people. It ranks 149th in Europe.
- Revenue (latest fiscal year)
- US$29.5bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 December 2025
- Revenue change (US$)
- 4.61%
- Employees
- 105,444
- Headquarters
- Schindellegi, Switzerland
- Industry (Fortune)
- Transportation and Logistics
- Fortune 500 Europe 2026 rank
- 149
14
Geneva-based luxury jewellery and watch group
Best for: Luxury goods
Richemont owns jewellery and watch houses and is headquartered in Geneva. Unlike most of the list, its figures are for the fiscal year ended 31 March 2026, as stated in its Fortune profile. Revenue for that year was US$26.1bn, up 4.45%, and net profit was US$4.0bn, a margin well above most Swiss companies in the ranking. It employs 39,601 people. Fortune lists Nicolas Bos as chief executive.
- Revenue (latest fiscal year)
- US$26.1bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 March 2026
- Revenue change (US$)
- 4.45%
- Employees
- 39,601
- Headquarters
- Geneva, Switzerland
- Industry (Fortune)
- Apparel
- Chief executive
- Nicolas Bos
- Fortune 500 Europe 2026 rank
- 164
- Stock listing (Fortune)
- Listed
15
AG
Zurich-based staffing and workforce solutions company
Best for: Staffing
Adecco Group is one of the world's largest staffing companies. Fortune records fiscal 2025 revenue of US$26.0bn, up 4.05%, and net profit of US$333m, reflecting the low margins typical of temporary staffing. Its 33,744 employees are its own staff rather than the temporary workers it places. Its Dutch competitor Randstad appears immediately below it in the European ranking, at 166th.
- Revenue (latest fiscal year)
- US$26.0bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 December 2025
- Revenue change (US$)
- 4.05%
- Employees
- 33,744
- Headquarters
- Zurich, Switzerland
- Industry (Fortune)
- Diversified Outsourcing Services
- Fortune 500 Europe 2026 rank
- 165
16
Packaging manufacturer with executive offices in the UK and Switzerland
Best for: Packaging
Amcor makes flexible and rigid packaging for food, beverage, health-care and consumer products. Fortune notes that the company is incorporated in Jersey, has executive offices in the United Kingdom and Switzerland, and reports figures for the fiscal year ended 30 June 2026. Revenue rose 56.61% to US$23.5bn, the fastest growth in the Swiss top 25, and Fortune records 75,000 employees. Its Fortune entry gives Zurich as headquarters city.
- Revenue (latest fiscal year)
- US$23.5bn (Fortune, converted to US dollars)
- Fiscal year end
- 30 June 2026
- Revenue change (US$)
- 56.61%
- Employees
- 75,000
- Headquarters
- Zurich, Switzerland
- Industry (Fortune)
- Packaging, Containers
- Chief executive
- Peter Konieczny
- Fortune 500 Europe 2026 rank
- 190
- Stock listing (Fortune)
- Listed
17
Automotive technology supplier with executive offices in Schaffhausen
Best for: Automotive components
Aptiv supplies electrical architecture, connectors and software to vehicle makers. According to Fortune, it is incorporated in Jersey with executive offices in Switzerland, and its Fortune entry gives Schaffhausen as headquarters city. Fiscal 2025 revenue was US$20.4bn, up 3.47%, and net profit was US$165m. With 140,000 employees it has the second-largest workforce in the Swiss top 25, after Nestlé.
- Revenue (latest fiscal year)
- US$20.4bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 December 2025
- Revenue change (US$)
- 3.47%
- Employees
- 140,000
- Headquarters
- Schaffhausen, Switzerland
- Industry (Fortune)
- Motor Vehicles and Parts
- Chief executive
- Kevin P. Clark
- Fortune 500 Europe 2026 rank
- 221
- Stock listing (Fortune)
- Listed
18
Zug-based building materials group
Best for: Building materials
Holcim, headquartered in Zug, produces cement and other building materials. Fortune records fiscal 2025 revenue of US$18.9bn, down 36.88%, the largest decline among the Swiss top 25; net profit was US$15.9bn. Fortune lists Amrize, another Zug-based building-materials company, as a separate entry with US$11.8bn of revenue and no prior-year comparison. Holcim employs 45,536 people.
- Revenue (latest fiscal year)
- US$18.9bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 December 2025
- Revenue change (US$)
- -36.88%
- Employees
- 45,536
- Headquarters
- Zug, Switzerland
- Industry (Fortune)
- Building Materials, Glass
- Fortune 500 Europe 2026 rank
- 237
19
Bern-based telecommunications operator, majority state-owned
Best for: Telecommunications
Swisscom is Switzerland's largest telecommunications operator, based in Bern. Fortune flags it as government owned 50% or more. Its fiscal 2025 revenue was US$18.1bn, up 44.54%, and net profit was US$1.5bn. It employs 23,266 people. Fortune lists Christoph Aeschlimann as chief executive.
- Revenue (latest fiscal year)
- US$18.1bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 December 2025
- Revenue change (US$)
- 44.54%
- Employees
- 23,266
- Headquarters
- Bern, Switzerland
- Industry (Fortune)
- Telecommunications
- Chief executive
- Christoph Aeschlimann
- Fortune 500 Europe 2026 rank
- 241
- Stock listing (Fortune)
- Listed
20
Zurich-based chocolate and cocoa products manufacturer
Best for: Food ingredients
Barry Callebaut makes chocolate and cocoa products for food manufacturers and professional users. Its figures in Fortune's ranking are for the fiscal year ended 31 August 2025. Revenue rose 47.74% to US$17.3bn, while net profit was US$217m. The company, headquartered in Zurich, employs 13,138 people. Its growth rate was the third highest in the Swiss top 25.
- Revenue (latest fiscal year)
- US$17.3bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 August 2025
- Revenue change (US$)
- 47.74%
- Employees
- 13,138
- Headquarters
- Zurich, Switzerland
- Industry (Fortune)
- Food Production
- Chief executive
- Hein Schumacher
- Fortune 500 Europe 2026 rank
- 257
- Stock listing (Fortune)
- Listed
21
Basel-based travel retail and food-and-beverage operator
Best for: Travel retail
Avolta operates duty-free shops and airport food-and-beverage outlets and is headquartered in Basel. Fiscal 2025 revenue was US$16.8bn, up 8.00%, and net profit was US$240m. It employs 69,278 people. Fortune classifies the company under specialty retailers.
- Revenue (latest fiscal year)
- US$16.8bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 December 2025
- Revenue change (US$)
- 8.00%
- Employees
- 69,278
- Headquarters
- Basel, Switzerland
- Industry (Fortune)
- Specialty Retailers
- Fortune 500 Europe 2026 rank
- 269
22
Family-owned maker of cranes, earthmoving and other machinery, based in Bulle
Best for: Construction machinery
Liebherr is a machinery manufacturer whose products include cranes and earthmoving equipment; Fortune gives its headquarters city as Bulle, in the canton of Fribourg. Fortune lists it as a private company and names Jan Liebherr as chief executive. Revenue for fiscal 2025 was US$16.7bn, up 5.37%, and the group employs 55,963 people.
- Revenue (latest fiscal year)
- US$16.7bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 December 2025
- Revenue change (US$)
- 5.37%
- Employees
- 55,963
- Headquarters
- Bulle, Switzerland
- Industry (Fortune)
- Construction and Farm Machinery
- Chief executive
- Jan Liebherr
- Fortune 500 Europe 2026 rank
- 273
- Stock listing (Fortune)
- Not listed
23
Emmen-based IT distributor and services provider
Best for: IT distribution
ALSO Holding distributes IT hardware, software and cloud services to resellers in Europe. Based in Emmen, near Lucerne, it reported fiscal 2025 revenue of US$15.2bn, up 48.14%, the second-highest growth rate in the Swiss top 25 after Amcor. With 5,353 employees, it has the smallest workforce among the 25 companies listed here.
- Revenue (latest fiscal year)
- US$15.2bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 December 2025
- Revenue change (US$)
- 48.14%
- Employees
- 5,353
- Headquarters
- Emmen, Switzerland
- Industry (Fortune)
- Information Technology Services
- Fortune 500 Europe 2026 rank
- 297
24
Zurich-based life insurer and pensions provider
Best for: Life insurance and pensions
Swiss Life provides life insurance, pensions and asset management. Fortune records fiscal 2025 revenue of US$14.2bn, up 4.45%, and net profit of US$1.5bn. It employs 10,844 people. Fortune classifies it under life and health insurance, separately from the property and casualty insurers Zurich, Chubb and Swiss Re.
- Revenue (latest fiscal year)
- US$14.2bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 December 2025
- Revenue change (US$)
- 4.45%
- Employees
- 10,844
- Headquarters
- Zurich, Switzerland
- Industry (Fortune)
- Insurance: Life, Health (stock)
- Fortune 500 Europe 2026 rank
- 308
25
DF
Nutrition, health and fragrance ingredients group
Best for: Specialty chemicals
DSM-Firmenich produces ingredients for nutrition, health and fragrances. Fortune describes it as incorporated in Switzerland but maintaining head offices in both the Netherlands and Switzerland; its Fortune entry gives Kaiseraugst as headquarters city. Fiscal 2025 revenue was US$14.1bn, up 2.03%, but the company reported a net loss of US$1.2bn, the only loss in the Swiss top 25. It employs 26,177 people.
- Revenue (latest fiscal year)
- US$14.1bn (Fortune, converted to US dollars)
- Fiscal year end
- 31 December 2025
- Revenue change (US$)
- 2.03%
- Employees
- 26,177
- Headquarters
- Kaiseraugst, Switzerland
- Industry (Fortune)
- Chemicals
- Chief executive
- Dimitri de Vreeze
- Fortune 500 Europe 2026 rank
- 309
- Stock listing (Fortune)
- Listed
Companies just outside the top 25
Frequently asked questions
What is the largest company in Switzerland?
By revenue, the largest company based in Switzerland is Glencore, the commodity producer and trader headquartered in Baar, with fiscal 2025 revenue of US$247.5bn according to the Fortune 500 Europe 2026. Fortune notes that Glencore is incorporated in Jersey, with executive offices in Switzerland. Nestlé, at US$107.7bn, is the largest company that is both incorporated and headquartered in Switzerland.
How many Swiss companies are in the Fortune 500 Europe?
Forty Switzerland-based companies appear in the Fortune 500 Europe 2026, the fourth-largest national contingent after the United Kingdom with 76, Germany with 73 and France with 66. Together the Swiss companies reported roughly US$1.35 trillion of revenue on Fortune's figures, with Glencore the largest and Swatch Group the smallest.
Which Swiss company has the most employees?
Among the 25 largest Swiss companies by revenue, Nestlé has the largest workforce, with 271,000 employees according to Fortune. Aptiv follows with 140,000, then Roche with 112,774 and ABB with 111,900. Fortune's employee figures are worldwide totals published by each company, so most of these staff work outside Switzerland.
What is the largest Swiss bank?
UBS Group is the largest Swiss bank, with fiscal 2025 revenue of US$78.8bn on Fortune's measure, which adds gross interest income to gross non-interest income. That places it third among all Swiss companies, behind Glencore and Nestlé, and 41st in the Fortune 500 Europe 2026. It employs 103,177 people worldwide.
Why are some US-listed companies counted as Swiss?
Fortune assigns companies to the country of their headquarters or executive offices rather than to the exchange where their shares trade. Chubb, Bunge Global, Amcor and Aptiv all have head offices in Switzerland according to their Fortune entries, although several are incorporated in Jersey and have large operations in the United States.
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