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{{Short description|Annual list of largest US corporations}}
<!-- Note to the editors:
{{DISPLAYTITLE:''Fortune'' 500}}<!-- Note to the editors:
Please do not add the complete list of fortune 1000 companies. The list is copyrighted by Fortune, which makes money by selling the content. As per Feist Publications v. Rural Telephone Service case, copyright may apply to this list, since it is a "creative list": "the creative choice of what data to include or exclude, the order and style in which the information is presented, etc." This list however, consists of publicly available information (list of companies, sorted by revenues). I'll send a mail to OTRS list – please wait until further directions. Thank you!


Those with OTRS access may view the complaint filed by Fortune: OTRS ticket #2007122010019391 – "Illegal use of copyrighted material on the Fortune 500, Fortune 1000 and Global 500 list." -->
Please do not add the complete list of fortune 500 companies. The list is copyrighted by Fortune, which makes money by selling the content. As per Feist Publications v. Rural Telephone Service case, copyright may apply to this list, since it is a "creative list": "the creative choice of what data to include or exclude, the order and style in which the information is presented, etc." This list however, consists of publicly available information (list of companies, sorted by revenues). I'll send a mail to OTRS list -- please wait until further directions. Thank you!
[[File:Fortune g500 cover06.jpg|thumb|upright=1.1|The July 24, 2006 issue of ''[[Fortune (magazine)|Fortune]]'', featuring its ''Fortune'' 500 list]]
The '''''Fortune'' 500''' is an annual list compiled and published by ''[[Fortune (magazine)|Fortune]]'' magazine that ranks 500 of the largest [[United States]] [[Joint-stock company#Closely held corporations and publicly traded corporations|corporations]] by total revenue for their respective fiscal years.<ref>{{Cite web |title=Fortune 500 |url=https://fortune.com/ranking/fortune500/ |access-date=2024-06-05 |website=Fortune |language=en}}</ref> The list includes [[publicly held company|publicly held companies]], along with [[Privately held company|privately held companies]] for which revenues are publicly available. The concept of the ''Fortune'' 500 was created by Edgar P. Smith, a ''Fortune'' editor, and the first list was published in 1955.<ref name=":0">{{cite news |title=Edgar Smith, 69, Dies; Retired Time Executive |url=https://www.nytimes.com/1989/10/12/obituaries/edgar-smith-69-dies-retired-time-executive.html |newspaper=[[The New York Times]] |access-date=March 1, 2016| date=October 12, 1989}}</ref><ref>{{cite web| title=1955 Full list |url=https://money.cnn.com/magazines/fortune/fortune500_archive/full/1955/ |website=Fortune |access-date=March 1, 2016}}</ref> The ''Fortune'' 500 is more commonly used than its subset ''Fortune'' 100 or superset [[Fortune 1000|''Fortune'' 1000]].<ref>{{cite web| last1=Williams| first1=Sean| title=''Fortune'' 100: Everything You've Ever Wanted to Know About This Popular Annual Ranking| url=http://www.fool.com/investing/general/2015/06/03/fortune-100-everything-youve-ever-wanted-to-know-a.aspx| website=The Motley Fool| access-date=March 1, 2016| date=June 4, 2015}}</ref>


== History ==
Those with OTRS access may view the complaint filed by Fortune: OTRS ticket #2007122010019391 - "Illegal use of copyrighted material on the Fortune 500, Fortune 1000 and Global 500 list."
The ''Fortune'' 500, created by Edgar P. Smith, was first published in 1955.<ref name=":0"/> The original top ten companies were [[General Motors]], [[ExxonMobil|Jersey Standard]], [[U.S. Steel]], [[General Electric]], [[JBS USA|Esmark]], [[Chrysler]], [[Armour and Company|Armour]], [[Gulf Oil]], [[Mobil]], and [[DuPont (1802–2017)|DuPont]].<ref>{{cite web| url=http://fortune.com/2014/06/02/first-fortune-500| title=What happened to the first Fortune 500?| website=Fortune| access-date=March 24, 2017}}</ref>
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{{Cleanup|date=August 2007}}


==Methodology==
[[Image:Fortune g500 cover06.jpg|thumb|The July 24, 2006 issue of ''Fortune'', featuring its Fortune 500 list]]
The original ''Fortune'' 500 was limited to companies whose revenues were derived from manufacturing, mining, and energy exploration.<ref>{{Cite web |last=Semczuk |first=Nina |date=2024-03-13 |title=What Are Fortune 500 Companies? |url=https://www.bankrate.com/investing/what-are-fortune-500-companies/ |access-date=2024-05-22 |website=Bankrate |language=en-US}}</ref> At the same time, ''Fortune'' published companion "''Fortune'' 50" lists of the 50 largest commercial banks (ranked by assets), utilities (ranked by assets), life insurance companies (ranked by assets), retailers (ranked by gross revenues) and transportation companies (ranked by revenues). ''Fortune'' magazine changed its methodology in 1994 to include service companies. With the change came 291 new entrants to the famous list including three in the Top 10.<ref>{{cite news |last=Groves |first=Martha |date=April 26, 1995 |title=Service Now Counts with Fortune 500 |url=https://www.latimes.com/archives/la-xpm-1995-04-26-fi-59111-story.html |newspaper=[[Los Angeles Times]] |access-date=October 12, 2017}}</ref>
The '''Fortune 500''' is an annual list compiled and published by ''[[Fortune (magazine)|Fortune]]'' magazine that ranks the top 500 [[United States|American]] public [[corporation]]s as measured by their [[gross revenue]],<ref name="f500">[http://www.uspages.com/fortune500.htm Fortune 500], USPages.com.</ref> although eligible companies are any for which revenues are publicly available (which is a larger universe than "[[public companies]]", as the term is commonly understood, meaning "companies having common stock that trades on a [[stock exchange]]").


==Influence==
Considered as one of the most prestigious listings of all time, the Fortune 500 has enormous power that it could potentially reshape or influence government policies. One such example occurred when [[Henry Paulson]], former [[Chief executive officer|CEO]] of [[Goldman Sachs]], was appointed by the Bush administration as its [[United States Treasury Secretary|Treasury Secretary]] in 2006.<ref name="f500"/>
As of 2020, the ''Fortune'' 500 companies represent approximately two-thirds of the [[Economy of the United States#GDP|United States' gross domestic product]] with approximately $14.2 trillion in revenue, $1.2 trillion in profits, and $20.4 trillion in total market value. These revenue figures also account for approximately 18% of the [[gross world product]]. The companies collectively employ a total of 29.2 million people worldwide, or nearly 0.4% of the [[World population|world's total population]].<ref>{{cite news| last=Klooster| first=Alison| date=May 18, 2020| title=FORTUNE Announces 2020 FORTUNE 500 List, Launches First Ever "History Of The FORTUNE 500" Data Analytics Visualization Site With Partner Qli| publisher=Fortune| via=Cision PR Newswire| url=https://www.prnewswire.com/news-releases/fortune-announces-2020-fortune-500-list-launches-first-ever-history-of-the-fortune-500-data-analytics-visualization-site-with-partner-qlik-301060615.html| access-date=October 1, 2020}}</ref>


==Overview==
''Fortune 100'' and ''[[Fortune 1000]]'' are other lists referring to similarly ranked top firms.

The following is the list of top 20 companies.<ref>{{cite web |title=Fortune 500 List of Companies 2022 |url=https://fortune.com/fortune500/2022/search/ |url-access=subscription |access-date=July 1, 2022 |publisher=[[Fortune (magazine)|Fortune]]}}</ref>
{| class="wikitable sortable plainrowheaders"
|-
|+ ''Fortune'' 500 list of 2024
|-
! scope="col" | Rank
! scope="col" | Company
! scope="col" | State
! scope="col" | Industry
! scope="col" | Revenue in USD
|-
! scope="row" |1
|[[Walmart]]
|{{flag|Arkansas}}
|General Merchandisers
|$648.1 billion
|-
! scope="row" |2
|[[Amazon (company)|Amazon]]
|{{flag|Washington}}
|Internet Services and Retailing
|$574.8 billion
|-
! scope="row" |3
|[[Apple Inc.|Apple]]
|{{flag|California}}
|Computers, Office Equipment
|$383.3 billion
|-
! scope="row" |4
|[[UnitedHealth Group]]
|{{flag|Minnesota}}
|Health Care: Insurance and Managed Care
|$371.6 billion
|-
! scope="row" |5
|[[Berkshire Hathaway]]
|{{flag|Nebraska}}
|Insurance: Property and Casualty (stock)
|$364.5 billion
|-
! scope="row" |6
|[[CVS Health]]
|{{flag|Rhode Island}}
|Health Care: Pharmacy and Other Services
|$357.8 billion
|-
! scope="row" |7
|[[ExxonMobil]]
|{{flag|Texas}}
|Petroleum Refining
|$344.6 billion
|-
! scope="row" |8
|[[Alphabet Inc.]]
|{{flag|California}}
|Internet Services and Retailing
|$307.4 billion
|-
! scope="row" |9
|[[McKesson Corporation]]
|{{flag|Texas}}
|Wholesalers: Health Care
|$276.7 billion
|-
! scope="row" |10
|[[Cencora]]
|{{flag|Pennsylvania}}
|Wholesalers: Health Care
|$262.2 billion
|-
! scope="row" |11
|[[Costco]]
|{{flag|Washington}}
|General Merchandisers
|$242.3 billion
|-
! scope="row" |12
|[[JPMorgan Chase]]
|{{flag|New York}}
|Commercial Banks
|$239.4 billion
|-
! scope="row" |13
|[[Microsoft]]
|{{flag|Washington}}
|Computer Software
|$211.9 billion
|-
! scope="row" |14
|[[Cardinal Health]]
|{{flag|Ohio}}
|Wholesalers: Health Care
|$205.0 billion
|-
! scope="row" |15
|[[Chevron Corporation]]
|{{flag|California}}
|Petroleum Refining
|$200.9 billion
|-
! scope="row" |16
|[[Cigna]]
|{{flag|Connecticut}}
|Health Care: Pharmacy and Other Services
|$195.3 billion
|-
! scope="row" |17
|[[Ford Motor Company]]
|{{flag|Michigan}}
|Motor Vehicles & Parts
|$176.2 billion
|-
! scope="row" |18
|[[Bank of America]]
|{{flag|North Carolina}}
|Commercial Banks
|$171.9 billion
|-
! scope="row" |19
|[[General Motors]]
|{{flag|Michigan}}
|Motor Vehicles & Parts
|$171.8 billion
|-
! scope="row" |20
|[[Elevance Health]]
|{{flagcountry|Indiana}}
|Health Care: Insurance and Managed Care
|$171.3 billion
|}

===Breakdown by state===

This is the list of the top 18 states with the most companies within the Fortune 500 as of 2024.<ref>{{cite web |title=Map: The Number of Fortune 500 Companies in Each U.S. State |url=https://www.visualcapitalist.com/map-the-number-of-fortune-500-companies-in-each-u-s-state/ |access-date=November 9, 2024 |publisher=Visual Capitalist}}</ref>

{| class="wikitable sortable plainrowheaders"
|-
|+Breakdown by state
|-
! scope="col" | Rank
! scope="col" | State
! scope="col" | Companies
|-
! scope="row" |1
|{{flag|California}}
|57
|-
! scope="row" rowspan="2" |2
|{{flag|New York}}
|52
|-
|{{flag|Texas}}
|52
|-
! scope="row" |4
|{{flag|Illinois}}
|32
|-
! scope="row" |5
|{{flag|Ohio}}
|27
|-
! scope="row" |6
|{{flag|Virginia}}
|24
|-
! scope="row" |7
|{{flag|Florida}}
|22
|-
! scope="row" |8
|{{flag|Pennsylvania}}
|20
|-
! scope="row" |9
|{{flagcountry|Georgia (U.S. state)}}
|18
|-
! scope="row" |10
|{{flag|Minnesota}}
|17
|-
! scope="row" rowspan="2" |11
|{{flag|Massachusetts}}
|16
|-
|{{flag|Michigan}}
|16
|-
! scope="row" |13
|{{flag|Connecticut}}
|15
|-
! scope="row" |14
|{{flag|New Jersey}}
|14
|-
! scope="row" rowspan="2" |15
|{{flag|North Carolina}}
|12
|-
|{{flag|Washington}}
|12
|-
! scope="row" rowspan="2" |17
|{{flag|Arizona}}
|10
|-
|{{flag|Tennessee}}
|10
|}


==See also==
==See also==
{{Portal|United States|Companies}}
*[[Fortune Global 500]]
{{div col}}
*[[Forbes Global 2000]]
* [[40 Under 40]]
*[[America's Most Admired Companies]]
* [[Fortune Global 500|''Fortune'' Global 500]]
*[[List of companies by revenue]]
* [[Fortune India 500|''Fortune'' India 500]]
*[[S&P 500]]
* [[Fortune 1000|''Fortune'' 1000]]
*[[Forbes Magazine's List of The World's 100 Most Powerful Women]]
* [[List of largest companies in the United States by revenue]]
* [[List of largest companies by revenue]]
* [[List of Fortune 500 computer software and information companies]]
* [[List of women CEOs of Fortune 500 companies|List of women CEOs of ''Fortune'' 500 companies]]
* [[Forbes Global 2000|''Forbes'' Global 2000]]
* [[Total Fortune 1000 companies by urban area list|Total ''Fortune'' 1000 companies by urban area list]]
{{div col end}}


==References==
==References==
{{reflist}}
{{Reflist}}


== External links ==
==External links==
*[http://money.cnn.com/magazines/fortune/fortune500/2008/full_list/ Full list of Fortune 500 companies - 2008]
* [https://fortune.com/ranking/fortune500/ Official website]
* Full list of Fortune 500 companies: [https://money.cnn.com/magazines/fortune/fortune500_archive/full/1955/index.html 1955–2005], [https://money.cnn.com/magazines/fortune/fortune500/2006/full_list/ 2006], [https://money.cnn.com/magazines/fortune/fortune500/2007/full_list/ 2007], [https://money.cnn.com/magazines/fortune/fortune500/2008/full_list/ 2008], [https://money.cnn.com/magazines/fortune/fortune500/2009/full_list/ 2009], [https://money.cnn.com/magazines/fortune/fortune500/2010/full_list/ 2010], [https://money.cnn.com/magazines/fortune/fortune500/2011/full_list/ 2011], [https://money.cnn.com/magazines/fortune/fortune500/2012/full_list/ 2012], [https://money.cnn.com/magazines/fortune/fortune500/2013/full_list/ 2013], [https://fortune.com/ranking/fortune500/2014 2014], [https://fortune.com/ranking/fortune500/2015/ 2015], [https://fortune.com/ranking/fortune500/2016/ 2016], [https://fortune.com/ranking/fortune500/2017/ 2017], [https://fortune.com/ranking/fortune500/2018/ 2018], [https://fortune.com/ranking/fortune500/2019/ 2019], [https://fortune.com/ranking/fortune500/2020/ 2020], [https://fortune.com/ranking/fortune500/2021/ 2021], [https://fortune.com/ranking/fortune500/2022 2022]<!--It seems the URL has a year root only for past editions. When editing for 2022, please change the URLs accordingly.-->
*[http://money.cnn.com/magazines/fortune/fortune500/2007/full_list/index.html Full list of Fortune 500 companies - 2007]
*[http://money.cnn.com/magazines/fortune/fortune500/full_list/ Full list of Fortune 500 companies - 2006]
*[http://money.cnn.com/magazines/fortune/fortune500_archive/full/1955/index.html Full list of Fortune 500 companies - 1955-2005]


{{Fortune (magazine)}}
[[Category:Lists of companies]]

[[Category:Fortune]]
{{authority control}}

[[Category:Lists of companies by revenue]]
[[Category:Fortune (magazine)]]
[[Category:Top lists]]
[[Category:Top lists]]
[[Category:Annual magazine issues]]
[[Category:Annual magazine issues]]

[[de:Fortune 500]]
[[fa:فورچون ۵۰۰]]
[[fr:Fortune 500]]
[[he:דירוג החברות של כתב העת Fortune]]
[[nl:Fortune 500]]
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[[zh:财富500强]]

Latest revision as of 22:52, 10 November 2024

The July 24, 2006 issue of Fortune, featuring its Fortune 500 list

The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years.[1] The list includes publicly held companies, along with privately held companies for which revenues are publicly available. The concept of the Fortune 500 was created by Edgar P. Smith, a Fortune editor, and the first list was published in 1955.[2][3] The Fortune 500 is more commonly used than its subset Fortune 100 or superset Fortune 1000.[4]

History

[edit]

The Fortune 500, created by Edgar P. Smith, was first published in 1955.[2] The original top ten companies were General Motors, Jersey Standard, U.S. Steel, General Electric, Esmark, Chrysler, Armour, Gulf Oil, Mobil, and DuPont.[5]

Methodology

[edit]

The original Fortune 500 was limited to companies whose revenues were derived from manufacturing, mining, and energy exploration.[6] At the same time, Fortune published companion "Fortune 50" lists of the 50 largest commercial banks (ranked by assets), utilities (ranked by assets), life insurance companies (ranked by assets), retailers (ranked by gross revenues) and transportation companies (ranked by revenues). Fortune magazine changed its methodology in 1994 to include service companies. With the change came 291 new entrants to the famous list including three in the Top 10.[7]

Influence

[edit]

As of 2020, the Fortune 500 companies represent approximately two-thirds of the United States' gross domestic product with approximately $14.2 trillion in revenue, $1.2 trillion in profits, and $20.4 trillion in total market value. These revenue figures also account for approximately 18% of the gross world product. The companies collectively employ a total of 29.2 million people worldwide, or nearly 0.4% of the world's total population.[8]

Overview

[edit]

The following is the list of top 20 companies.[9]

Fortune 500 list of 2024
Rank Company State Industry Revenue in USD
1 Walmart  Arkansas General Merchandisers $648.1 billion
2 Amazon  Washington Internet Services and Retailing $574.8 billion
3 Apple  California Computers, Office Equipment $383.3 billion
4 UnitedHealth Group  Minnesota Health Care: Insurance and Managed Care $371.6 billion
5 Berkshire Hathaway  Nebraska Insurance: Property and Casualty (stock) $364.5 billion
6 CVS Health  Rhode Island Health Care: Pharmacy and Other Services $357.8 billion
7 ExxonMobil  Texas Petroleum Refining $344.6 billion
8 Alphabet Inc.  California Internet Services and Retailing $307.4 billion
9 McKesson Corporation  Texas Wholesalers: Health Care $276.7 billion
10 Cencora  Pennsylvania Wholesalers: Health Care $262.2 billion
11 Costco  Washington General Merchandisers $242.3 billion
12 JPMorgan Chase  New York Commercial Banks $239.4 billion
13 Microsoft  Washington Computer Software $211.9 billion
14 Cardinal Health  Ohio Wholesalers: Health Care $205.0 billion
15 Chevron Corporation  California Petroleum Refining $200.9 billion
16 Cigna  Connecticut Health Care: Pharmacy and Other Services $195.3 billion
17 Ford Motor Company  Michigan Motor Vehicles & Parts $176.2 billion
18 Bank of America  North Carolina Commercial Banks $171.9 billion
19 General Motors  Michigan Motor Vehicles & Parts $171.8 billion
20 Elevance Health  Indiana Health Care: Insurance and Managed Care $171.3 billion

Breakdown by state

[edit]

This is the list of the top 18 states with the most companies within the Fortune 500 as of 2024.[10]

Breakdown by state
Rank State Companies
1  California 57
2  New York 52
 Texas 52
4  Illinois 32
5  Ohio 27
6  Virginia 24
7  Florida 22
8  Pennsylvania 20
9  Georgia 18
10  Minnesota 17
11  Massachusetts 16
 Michigan 16
13  Connecticut 15
14  New Jersey 14
15  North Carolina 12
 Washington 12
17  Arizona 10
 Tennessee 10

See also

[edit]

References

[edit]
  1. ^ "Fortune 500". Fortune. Retrieved 2024-06-05.
  2. ^ a b "Edgar Smith, 69, Dies; Retired Time Executive". The New York Times. October 12, 1989. Retrieved March 1, 2016.
  3. ^ "1955 Full list". Fortune. Retrieved March 1, 2016.
  4. ^ Williams, Sean (June 4, 2015). "Fortune 100: Everything You've Ever Wanted to Know About This Popular Annual Ranking". The Motley Fool. Retrieved March 1, 2016.
  5. ^ "What happened to the first Fortune 500?". Fortune. Retrieved March 24, 2017.
  6. ^ Semczuk, Nina (2024-03-13). "What Are Fortune 500 Companies?". Bankrate. Retrieved 2024-05-22.
  7. ^ Groves, Martha (April 26, 1995). "Service Now Counts with Fortune 500". Los Angeles Times. Retrieved October 12, 2017.
  8. ^ Klooster, Alison (May 18, 2020). "FORTUNE Announces 2020 FORTUNE 500 List, Launches First Ever "History Of The FORTUNE 500" Data Analytics Visualization Site With Partner Qli". Fortune. Retrieved October 1, 2020 – via Cision PR Newswire.
  9. ^ "Fortune 500 List of Companies 2022". Fortune. Retrieved July 1, 2022.
  10. ^ "Map: The Number of Fortune 500 Companies in Each U.S. State". Visual Capitalist. Retrieved November 9, 2024.
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