New York City isn’t just home to leading global companies but also a dynamic epicenter of innovation and economic power.
NYC is a city where the impressive figures of revenue, market cap and workforce size tell the story of an economy that shapes industries worldwide.
In this article, we delve into the numbers behind the most influential companies in New York City, offering insights that can inspire and inform strategic business decisions in 2025 and beyond.
Finance And Banking Companies In New York City
JPMorgan Chase isn’t just the largest bank in the U.S., it’s also the world’s leading bank in terms of revenue and market capitalization. With headquarters in NYC, it also holds the title of the city’s biggest company overall.
With that said, let’s look at more detailed numbers on JPMorgan chase and other top finance and banking companies in NYC:
- JPMorgan Chase reported a revenue of $177.6 billion in 2024, the highest among all companies based in New York City.
- 9.2% of the global investment banking revenue in 2024 came from JPMorgan Chase.
- JPMorgan Chase had a net income of $58.5 billion in 2024.
- As of early March 2025, JPMorgan Chase also has the highest market cap out of all NYC companies, at around $700 billion.
- JPMorgan Chase’s brand value stands at $30.76 billion.
- JPMorgan Chase has $3.58 billion in total assets.
- 5,110 JPMorgan Chase branches operate across the U.S.
- JPMorgan Chase has over 300,000 employees across the world.
- Citigroup reported a revenue of $81.1 billion in 2024.
- Citigroup had a net income of $12.7 billion in 2024.
- As of early March 2025, Citigroup has a market cap of around $132 billion.
- Around 229,000 people are employed by Citigroup globally.
- American Express reported a revenue of $65.9 billion in 2024.
- American Express had a net income of $10.1 billion in 2024.
- As of early March 2025, American Express has a market cap of around $190 billion.
- American Express has 75,100 employees as of the end of 2024.
- Morgan Stanley reported a revenue of $61.8 billion in 2024.
- Morgan Stanley had a net income of $13.4 billion in 2024.
- Morgan Stanley’s brand value stands at $13.31 billion.
- As of early March 2025, Morgan Stanley has a market capitalization of around $193 billion.
- Around 80,000 people are employed by Morgan Stanley.
- Goldman Sachs reported a revenue of $53.51 billion in 2024.
- Goldman Sachs had a net income of $14.28 billion in 2024.
- As of early March 2025, Goldman Sachs has a market cap of around $183 billion.
- Around 46,500 people are employed by Goldman Sachs.
- Blackstone reported a revenue of $13.22 billion in 2024.
- Blackstone had a net income of $5.4 billion in 2024.
- As of early March 2025, Blackstone has a market cap of around $175 billion.
The statistics we shared highlight the dominance of the finance and banking sector in NYC’s economy, but also emphasize the crucial role that large financial institutions play in stabilizing and driving global economic trends.
For investors and business leaders, such data serves as a powerful indicator of market strength and long-term potential.
Tech Companies In New York City
While Silicon Valley is the world’s most famous tech hub, the Big Apple ranks right below it.
NYC has established itself as a thriving center for innovation and entrepreneurship, with some of the leading tech giants being headquartered in the city:
- Verizon reported a revenue of $134.8 billion in 2024.
- Verizon had a net income of $17.5 billion in 2024.
- In terms of market cap, Verizon is the biggest tech company in NYC, at around $190 billion at the start of 2025.
- Verizon’s brand value stands at $71.75 billion.
- Around 99,600 people are employed by Verizon.
- Datadog’s revenue in 2024 was $2.68 billion.
- Datadog has the second highest market cap out of all NYC tech companies at around $38 billion as of early March 2025.
- Over 5,000 people are employed by Datadog.
- Take-Two Interactive’s revenue in 2024 was $5.34 billion.
- 61% of Take-Two Interactive’s revenue in 2024 came from the U.S.
- Take-Two Interactive has a market cap of $35 billion as of early March 2025.
- 12,371 people are employed by Take-Two Interactive.
Verizon, Datadog, Take-Two Interactive and other tech companies in NYC are not only transforming the digital frontier but also setting benchmarks in growth, user engagement and operational efficiency.
Their success underscores the role of New York City as a magnet for top tech talent and groundbreaking ideas.
As digital transformation accelerates, NYC’s technology scene continues to drive economic progress and inspire innovation across industries.
Healthcare Companies In NYC
New York is also a major player in the global healthcare industry, being home to some of the world’s largest pharmaceutical, biotech and healthcare services companies.
The healthcare sector in the Big Apple employs more than 750,000 workers and processes tens of thousands of tests each day.
In this section, we take a closer look at the top New York companies that operate in the healthcare industry:
- Pfizer had the highest revenue out of all healthcare companies headquartered in NYC in 2024, at $63.6 billion.
- Pfizer had a net income of $8.03 billion in 2024.
- Pfizer has the highest market cap out of all NYC healthcare companies, at around $150 billion as of early March 2025.
- Pfizer’s brand value in 2024 was $6.12 billion, making it the third most valuable pharmaceutical brand in the world.
- Around 88,000 people are employed by Pfizer globally.
- Royalty Pharma reported a revenue of $2.26 billion in 2024.
- Royalty Pharma had an income of $859 million in 2024.
- As of early March 2025, Royalty Pharma has a market cap of around $15 billion.
- Axsome Therapeutics reported a revenue of $118.8 million in 2024.
- Axsome Therapeutics has the third biggest market cap out of all NYC healthcare companies at around $6 billion in 2025.
New York City’s healthcare sector is a global leader in innovation.
Major companies like Pfizer, alongside pioneers such as Royal Pharma and Axsome Therapeutics, are driving groundbreaking research and development while transforming patient care and outcomes worldwide.
Their strong market performance and dedication to medical advancement highlight the vital role that NYC’s healthcare companies play in shaping the future of medicine.
Real Estate Companies In NYC
New York City’s real estate market is one of the most dynamic and valuable in the world, with major firms shaping the skyline through commercial, residential and mixed-use developments.
As the home to some of the largest real estate investment trusts (REITs) and property management firms, the city’s real estate sector plays a crucial role in its economy.
This section highlights the top real estate companies in New York:
- VICI Properties reported a revenue of $3.84 billion in 2024.
- VICI Properties had a net income of $614.6 million in 2024.
- As of early March 2025, VICI Properties has a market cap of around $34 billion.
- 93 experiential assets across the U.S. and Canada are owned by VICI Properties.
- WP Carey reported a revenue of $1.58 billion in 2024.
- WP Carey had a net income of $461 million in 2024.
- As of early March 2025, WP Carey has a market cap of around $14 billion.
- Brixmor Property Group reported a revenue of $1.28 billion in 2024.
- Brixmor Property Group had a net income of $339.3 million in 2024.
- As of early March 2025, Brixmor Property Group has a market cap of around $8 billion.
New York City’s real estate leaders are not just managing properties — they’re reshaping the urban landscape.
Firms like Vici Properties, WP Carey and Brixmor Property Group set the standard in innovation and value, driving significant economic impact in one of the world’s most dynamic markets.
Their performance highlights how strategic real estate development transforms neighborhoods and fuels the city’s growth.
NYC’s Workforce And Economy
NYC is renowned for its abundance of economic opportunities and access to a diverse and highly-skilled workforce.
While we’ve already examined the most powerful and recognizable companies based in New York City, let’s explore additional key statistics that highlight the city’s workforce and economic impact:
- 220,000 businesses are located in New York City.
- NYC hosts the headquarters of 16 Fortune 500 companies.
- Private sector jobs in New York City reached 4.24 million in December 2024.
- Duane Read Holdings, Inc. is the NYC company with most employees, at 415,000.
- The New York Stock Exchange is the world’s biggest stock exchange with a total market cap of all listed companies at $31.76 trillion as of early March 2025.
With thousands of businesses fueling job creation and attracting top-tier talent from around the world, NYC is an economic powerhouse.
It’s home to 16 Fortune 500 companies, more than any other city in the United States. The blend of established corporate giants and dynamic startups highlights NYC’s unmatched potential for growth and innovation.
Grow Your NYC Brand Online With Digital Silk
In this article, we looked at some of the biggest companies in New York City. Their levels of success are something every business owner dreams of achieving.
With NYC being such a fiercely competitive market, it’s important to get every aspect of your operations right. One of the key factors that can differentiate your company is its digital presence.
From establishing a powerful brand presence to following NYC web design trends, a well-crafted online strategy can help you attract customers, build credibility and stay ahead in the city’s competitive business scene.
Digital Silk is an NYC web design company that specializes in helping businesses grow their online presence. We’ve worked with a number of companies based in New York City to deliver custom web design, branding and digital marketing solutions that drive growth, enhance visibility and create lasting impact.
We treat every project as our own, keeping you informed throughout the entire process and deliver measurable results.
Other services we offer include:
Contact our team, call us at (800) 206-9413 or fill out the Request a Quote form below to schedule your free consultation.
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