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Wikipedia / Fortune 500

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. 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, Jersey Standard, U.S. Steel, General Electric, Esmark, Anderson-Prichard Oil Corporation, Armour, Gulf Oil, Chrysler, Mobil, and DuPont.

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

The companies on the 2026 Fortune 500 had combined revenue of $21 trillion and combined profits of $2.1 trillion.

Overview

The following is the list of top 20 companies.

Rank

Company

State

Industry

Revenue in USD

1

Amazon

Internet services and retailing

$716.9 billion

2

Walmart

General merchandisers

$713.2 billion

3

UnitedHealth Group

Health care: insurance and managed care

$447.6 billion

4

Apple

Computers, office equipment

$416.2 billion

5

McKesson Corporation

Wholesalers: health care

$403.4 billion

6

Alphabet Inc.

Internet services and retailing

$402.8 billion

7

CVS Health

Health care: pharmacy and other services

$402.1 billion

8

Berkshire Hathaway

Insurance: property and casualty (stock)

$371.4 billion

9

ExxonMobil

Petroleum refining

$332.2 billion

10

Cencora

Wholesalers: health care

$321.3 billion

11

Microsoft

Computer software

$281.7 billion

12

Costco

General merchandisers

$275.2 billion

13

Cigna

Health care: pharmacy and other services

$274.9 billion

14

Cardinal Health

Wholesalers: health care

$222.6 billion

15

Nvidia

Semiconductors and Other Electronic Components

$215.9 billion

16

Meta

Internet Services and Retailing

$201.0 billion

17

Elevance Health

Health care: insurance and managed care

$199.1 billion

18

Centene

Health care: insurance and managed care

$194.8 billion

19

Chevron Corporation

Petroleum refining

$189.0 billion

20

Ford Motor Company

Motor vehicles & parts

$187.3 billion

Fortune 500 list of 2026

Breakdown by state

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

Rank

State

Companies

1

57

2

52

52

4

32

5

27

6

24

7

22

8

20

9

18

10

17

11

16

16

13

15

14

14

15

12

12

17

10

10

Breakdown by state

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.

Rank

Metropolitan area

Companies

1

46

2

30

3

23

4

20

20

20

7

16

8

15

9

14

14

Breakdown by metropolitan area

See also

References