My friends at Fortune published the 61st annual edition of the Fortune 500 list today, with the actual issue hitting newsstands on Monday.
From the press release, some interesting stats about America’s corporate giants:
The Fortune 500 companies earned a combined total revenue of $12.5 trillion in 2014, up 2.6% from last year and an all-time high. The total market value for the Fortune 500 hit $17.4 trillion (as of 3/31/15), setting an all-time record for worth and marking an increase of 7.7% over the previous year. This year’s Fortune500 companies also employ more people than ever, with 26.8 million total employees. Profits decreased 12.6% over the previous year, falling below the trillion dollar mark at a combined total of $945 billion.
FORTUNE 500 TOP 10 LIST:
1. Wal-Mart Stores
2. Exxon Mobil
4. Berkshire Hathaway
6. General Motors
7. Phillips 66
8. General Electric
9. Ford Motor
10. CVS Health
Walmart takes the top spot for the third year in a row and the eleventh time ever. Only three companies have held the no. 1 spot on the Fortune 500 since its creation in 1955: General Motors, Exxon Mobil and Walmart. No. 5 Apple boasts both the biggest profits of any company on the list ($39.5 billion) and the highest market value (more than $700 billion).
– Facebook jumps nearly 100 spots — from #341 to #242 — to crack the top 250 in just its third year on the list.
– New York is the state with the most companies on the list with 55, followed by Texas with 54 and California with 53.
– 19 companies make their debut on this year’s list including Salesforce.com, Netflix, Expedia and News Corp.
– CVS Health makes the top ten for the first time.
– 57 of the companies have been on the list since its inception in 1955 including Exxon Mobil, Chevron, Proctor & Gamble, PepsiCo and Hershey.
– 26 companies have been displaced from the list, including Coach, Medtronic and Mylan.
– Energy Future Holdings lost the most money of any company from the previous year with a decrease of $6.4 billion; Caesars Entertainment, Sears and Target also among the top 10 money losers.
Check out the link below as the list and related articles hit the site: