The ''Fortune'' 500 is an annual list compiled and published by ''
Fortune
Fortune may refer to:
General
* Fortuna or Fortune, the Roman goddess of luck
* Luck
* Wealth
* Fate
* Fortune, a prediction made in fortune-telling
* Fortune, in a fortune cookie
Arts and entertainment Film and television
* ''The Fortune'' (19 ...
'' magazine that ranks 500 of the largest
United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...
corporations
A corporation or body corporate is an individual or a group of people, such as an association or company, that has been authorized by the State (polity), state to act as a single entity (a legal entity recognized by private and public law as ...
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.
History
The ''Fortune'' 500, created by Edgar P. Smith, was first published in January 1955.
The original top ten companies were
General Motors
General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. The company is most known for owning and manufacturing f ...
,
Jersey Standard,
U.S. Steel,
General Electric
General Electric Company (GE) was an American Multinational corporation, multinational Conglomerate (company), conglomerate founded in 1892, incorporated in the New York (state), state of New York and headquartered in Boston.
Over the year ...
,
Esmark,
Chrysler
FCA US, LLC, Trade name, doing business as Stellantis North America and known historically as Chrysler ( ), is one of the "Big Three (automobile manufacturers), Big Three" automobile manufacturers in the United States, headquartered in Auburn H ...
,
Armour
Armour (Commonwealth English) or armor (American English; see American and British English spelling differences#-our, -or, spelling differences) is a covering used to protect an object, individual, or vehicle from physical injury or damage, e ...
,
Gulf Oil
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 Seven Sisters (oil companies), Seven Sisters oil companies. ...
,
Mobil
Mobil Oil Corporation, now known as just Mobil, is a petroleum brand owned and operated by American oil and gas corporation ExxonMobil, formerly known as Exxon, which took its current name after history of ExxonMobil#merger, it and Mobil merge ...
, and
DuPont
Dupont, DuPont, Du Pont, duPont, or du Pont may refer to:
People
* Dupont (surname) Dupont, also spelled as DuPont, duPont, Du Pont, or du Pont is a French surname meaning "of the bridge", historically indicating that the holder of the surname re ...
.
Methodology
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.
Influence
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), also known as gross world income (GWI), is the combined gross national income (previously, the "gross national product") of all the countries in the world. Because imports and exports balance exactly when consider ...
. The companies collectively employ a total of 29.2 million people worldwide, or nearly 0.4% of the
world's total population.
Overview
The following is the list of top 20 companies.
Breakdown by state
This is the list of the top 18 states with the most companies within the Fortune 500 as of 2024.
Breakdown by metropolitan area
This is the list of the top 10
metropolitan statistical areas with the most companies within the Fortune 500 as of 2024.
See also
*
40 Under 40
''Fortune'' magazine's 40 Under 40 is a list of individuals the publication considers to be the most influential young leaders for the year. The list has existed in two phases: From 1999 to 2003, the list was presented purely as a numeric rankin ...
*
''Fortune'' Global 500
*
''Fortune'' India 500
*
''Fortune'' 1000
*
List of largest companies in the United States by revenue
This list comprises the largest companies currently in the United States by revenue as of 2024, according to the ''Fortune'' 500 tally of companies and Forbes.
The ''Fortune'' 500 list of companies includes only publicly traded companies, also ...
*
List of largest companies by revenue
This list comprises the world's largest companies by Consolidation (business), consolidated revenue, according to the annually ranked Fortune Global 500, ''Fortune'' Global 500 published by ''Fortune'' magazine, as well as other sources. Out of 5 ...
*
*
List of women CEOs of ''Fortune'' 500 companies
*
''Forbes'' Global 2000
*
Total ''Fortune'' 1000 companies by urban area list
References
External links
*
* Full list of Fortune 500 companies
1955–200520062007200820092010201120122013201420152016201720182019202020212022!--It seems the URL has a year root only for past editions. When editing for 2022, please change the URLs accordingly.-->
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Lists of companies by revenue
Fortune (magazine)
Top lists
Annual magazine issues