The ''Fortune'' 500 is an annual list compiled and published by '' Fortune
'' magazine that ranks 500 of the largest
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ... corporations
by total revenue for their respective fiscal years. 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.
The ''Fortune'' 500 is more commonly used than its subset ''Fortune'' 100 or superset ''Fortune'' 1000
The ''Fortune'' 500, created by Edgar P. Smith, was first published in 1955.
The original top ten companies were
The General Motors Company (GM) is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and was the largest in the world for 77 years be ...
, Jersey Standard
, U.S. Steel
General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable ene ...
Stellantis North America (officially FCA US and formerly Chrysler ()) is one of the " Big Three" automobile manufacturers in the United States, headquartered in Auburn Hills, Michigan. It is the American subsidiary of the multinational automotiv ...
Gulf Oil was a major global oil company in operation from 1901 to 1985. The eighth-largest American manufacturing company in 1941 and the ninth-largest in 1979, Gulf Oil was one of the so-called Seven Sisters oil companies. Prior to its merger ...
Mobil is a petroleum brand owned and operated by American oil and gas corporation ExxonMobil. The brand was formerly owned and operated by an oil and gas corporation of the same name, which itself merged with Exxon to form ExxonMobil in 1999.
DuPont de Nemours, Inc., commonly shortened to DuPont, is an American multinational chemical company first formed in 1802 by French-American chemist and industrialist Éleuthère Irénée du Pont de Nemours. The company played a major role in ...
The original ''Fortune'' 500 was limited to companies whose revenues were derived from manufacturing, mining, and energy exploration. 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. There is a lag in creating the list, so for example, the 2019 ''Fortune'' 500 is based on each company's financial years ending in late 2018 (most commonly, on December 31), or early 2019.
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 gross world product (GWP) is the combined gross national income of all the countries in the world. Because imports and exports balance exactly when considering the whole world, this also equals the total global gross domestic product (GDP).Se ...
. The companies collectively employ a total of 29.2 million people worldwide, or nearly 0.4% of the world's total population
The following is the list of top 10 companies.
Breakdown by state
This is the list of the top 10 states with the most companies within the Fortune 500.
* 40 under 40 (Fortune Magazine)
* ''Fortune'' Global 500
* ''Fortune'' India 500
* ''Fortune'' 1000
* 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
* ''Forbes'' Global 2000
* Total ''Fortune'' 1000 companies by urban area list
* Full list of Fortune 500 companies20062007200820092010201120122013201420152016201720182019202020212022
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Lists of companies by revenue
Annual magazine issues