Rank Forbes 2000 rank Name Headquarters Revenue (billions US$) Profit (billions US$) Assets (billions US$) Value (billions US$) Industry 1 50 Petrobras Rio de Janeiro 95.7 7.1 222.0 91.2 Oil and Gas 2 58 Banco Itaú Unibanco São Paulo 53.8 6.8 383.2 80.8 Banking 3 96 Banco Bradesco Osasco 62.6 5.2 332.1 70.7 Banking 4 139 Vale Rio de Janeiro 36.8 7.0 88.2 68.3 Mining 5 154 Banco do Brasil Brasília 42.0 3.8 368.4 34.5 Banking 6 657 Eletrobras Rio de Janeiro 6.9 3.6 46.8 11.1 Utilities 7 825 JBS S.A. São Paulo 49.7 0.0 29.5 12.3 Food production 8 859 Itaúsa São Paulo 1.6 2.6 16.3 24.7 Conglomerate 9 912 Braskem São Paulo 15.9 0.8 15.3 9.7 Oil and Gas 10 1089 Oi Rio de Janeiro 6.0 6.7 16.9 2.5 Telecommunications 11 1429 Companhia Siderúrgica Nacional São Paulo 6.3 1.4 12.2 5.3 Steel 12 1478 Cielo S.A. Barueri 3.2 0.9 21.3 5.7 Finance 13 1486 B3 São Paulo 1.3 0.6 10.1 16.5 Finance 14 1546 CPFL Energia Campinas 8.2 0.5 11.2 7.4 Utilities 15 1647 Ultrapar São Paulo 24.8 0.3 7.9 6.2 Conglomerate 16 1660 GPA São Paulo 13.5 0.3 13.6 6.3 Retail 17 1736 Metalurgica Gerdau Porto Alegre 12.6 0.2 13.2 1.8 Steel 18 1799 Suzano Papel e Celulose Salvador 3.7 0.1 13.9 14.0 Pulp and paper 19 1836 CEMIG Belo Horizonte 6.1 0.5 15.4 6.1 Utilities 20 1865 Sabesp São Paulo 4.4 0.8 11.2 7.2 Waste management