50 companies headquartered in Texas made Fortune 500 list

Fifty companies with headquarters located in Texas earned a place on Fortune magazine’s 2020 list ranking enterprises with the 500 highest fiscal-year revenues in the nation.

Exxon Mobil finished third on Fortune’s extended ranking, making the company the state’s highest revenue-generating company, according to the Fortune data that was released earlier this month. Fortune includes in its listing publicly traded U.S. companies as well as private companies that file revenue figures with public agencies.

Exxon Mobil had revenues of $264.9 billion in the 2019 fiscal year, according to the ranking. It employs 74,900 employees.

This month’s list of high-earning companies was the 66th such annual ranking published by Fortune. All companies in the top 500 had revenues of at least $5.7 billion, which is a 1 percent increase over the previous year’s threshold.

Overall, the Fortune 500 companies make up about 66 percent of the nation’s total gross domestic product, with a combined $14.2 trillion in revenues, according to the analysis. And the top 500 companies’ profits were up 8 percent over the previous year, Fortune reported.

Top 100 American Companies, Based on Latest Revenue Data

Rank Company Headquarters Location Revenues (in Millions of $) Revenue % Change Over 2019 Profits (in Millions of $) Profits % Change Over 2019 # of Employees
1 Walmart Arkansas $523,964 1.9% $14,881 123.1% 2,200,000
2 Amazon.com Washington $280,522 20.5% $11,588 15.0% 798,000
3 ExxonMobil Texas $264,938 -8.7% $14,340 -31.2% 74,900
4 Apple California $260,174 -2.0% $55,256 -7.2% 137,000
5 CVS Health Rhode Island $256,776 32.0% $6,634 –% 290,000
6 Berkshire Hathaway Nebraska $254,616 2.7% $81,417 1924.8% 391,500
7 UnitedHealth Group Minnesota $242,155 7.0% $13,839 15.5% 325,000
8 McKesson Texas $214,319 2.9% $34 -49.3% 70,000
9 AT&T Texas $181,193 6.1% $13,903 -28.2% 247,800
10 AmerisourceBergen Pennsylvania $179,589 6.9% $855 -48.4% 21,500
11 Alphabet California $161,857 18.3% $34,343 11.7% 118,899
12 Ford Motor Michigan $155,900 -2.8% $47 -98.7% 190,000
13 Cigna Connecticut $153,566 215.7% $5,104 93.6% 73,700
14 Costco Wholesale Washington $152,703 7.9% $3,659 16.8% 201,500
15 Chevron California $146,516 -11.9% $2,924 -80.3% 48,200
16 Cardinal Health Ohio $145,534 6.4% $1,363 432.4% 49,500
17 JPMorgan Chase New York $142,422 8.4% $36,431 12.2% 256,981
18 General Motors Michigan $137,237 -6.7% $6,732 -16.0% 164,000
19 Walgreens Boots Alliance Illinois $136,866 4.1% $3,982 -20.7% 287,000
20 Verizon Communications New York $131,868 0.8% $19,265 24.1% 135,000
21 Microsoft Washington $125,843 14.0% $39,240 136.8% 144,000
22 Marathon Petroleum Ohio $124,813 28.5% $2,637 -5.1% 60,910
23 Kroger Ohio $122,286 0.9% $1,659 -46.7% 435,000
24 Fannie Mae Washington, D.C. $120,304 0.2% $14,160 -11.3% 7,500
25 Bank of America North Carolina $113,589 2.7% $27,430 -2.5% 208,131
26 Home Depot Georgia $110,225 1.9% $11,242 1.1% 415,700
27 Phillips 66 Texas $109,559 -4.1% $3,076 -45.0% 14,500
28 Comcast Pennsylvania $108,942 15.3% $13,057 11.3% 190,000
29 Anthem Indiana $104,213 13.1% $4,807 28.2% 70,600
30 Wells Fargo California $103,915 2.8% $19,549 -12.7% 259,800
31 Citigroup New York $103,449 6.5% $19,401 7.5% 200,000
32 Valero Energy Texas $102,729 -7.8% $2,422 -22.4% 10,222
33 General Electric Massachusetts $95,214 -20.8% -$4,979 –% 205,000
34 Dell Technologies Texas $92,154 1.7% $4,616 –% 165,000
35 Johnson & Johnson New Jersey $82,059 0.6% $15,119 -1.2% 132,200
36 State Farm Insurance Illinois $79,395 -2.9% $5,593 -36.4% 57,672
37 Target Minnesota $78,112 3.7% $3,281 11.7% 368,000
38 IBM New York $77,147 -3.1% $9,431 8.1% 383,800
39 Raytheon Technologies Massachusetts $77,046 15.9% $5,537 5.1% 243,200
40 Boeing Illinois $76,559 -24.3% -$636 -106.1% 161,100
41 Freddie Mac Virginia $75,125 2.1% $7,214 -21.9% 6,892
42 Centene Missouri $74,639 24.2% $1,321 46.8% 56,600
43 United Parcel Service Georgia $74,094 3.1% $4,440 -7.3% 377,640
44 Lowe’s North Carolina $72,148 1.2% $4,281 85.0% 260,000
45 Intel California $71,965 1.6% $21,048 –% 110,800
46 Facebook California $70,697 26.6% $18,485 -16.4% 44,942
47 FedEx Tennessee $69,693 6.5% $540 -88.2% 389,500
48 MetLife New York $69,620 2.5% $5,899 15.1% 49,000
49 Walt Disney California $69,570 17.1% $11,054 -12.3% 223,000
50 Procter & Gamble Ohio $67,684 1.3% $3,897 -60.0% 97,000
51 PepsiCo New York $67,161 3.9% $7,314 -41.6% 267,000
52 Humana Kentucky $64,888 14.0% $2,707 60.8% 46,000
53 Prudential Financial New Jersey $64,807 2.9% $4,186 2.7% 51,511
54 Archer Daniels Midland Illinois $64,656 0.5% $1,379 -23.8% 38,100
55 Albertsons Idaho $60,535 1.0% $131 183.2% 267,000
56 Sysco Texas $60,114 2.4% $1,674 17.0% 69,000
57 Lockheed Martin Maryland $59,812 11.3% $6,230 23.5% 110,000
58 HP California $58,756 0.5% $3,152 -40.8% 56,000
59 Energy Transfer Texas $54,213 -0.4% $3,592 112.0% 12,812
60 Goldman Sachs Group New York $53,922 2.7% $8,466 -19.1% 38,300
61 Morgan Stanley New York $53,823 7.2% $9,042 3.4% 60,431
62 Caterpillar Illinois $53,800 -1.7% $6,093 -0.9% 102,300
63 Cisco Systems California $51,904 5.2% $11,621 10464.5% 75,900
64 Pfizer New York $51,750 -3.5% $16,273 45.9% 88,300
65 HCA Healthcare Tennessee $51,336 10.0% $3,505 -7.4% 245,000
66 AIG New York $49,746 5.0% $3,348 –% 46,000
67 American Express New York $47,020 8.6% $6,759 -2.3% 64,500
68 Delta Air Lines Georgia $47,007 5.8% $4,767 21.1% 91,224
69 Merck New Jersey $46,840 10.7% $9,843 58.2% 71,000
70 American Airlines Group Texas $45,768 2.8% $1,686 19.4% 133,700
71 Charter Communications Connecticut $45,764 4.9% $1,668 35.6% 95,100
72 Allstate Illinois $44,675 12.2% $4,847 155.2% 46,035
73 New York Life Insurance New York $44,117 1.6% $1,004 14.1% 11,519
74 Nationwide Ohio $43,982 1.6% $830 61.9% 28,114
75 Best Buy Minnesota $43,638 1.8% $1,541 5.3% 125,000
76 United Airlines Holdings Illinois $43,259 4.7% $3,009 41.3% 96,000
77 Liberty Mutual Insurance Group Massachusetts $43,228 1.3% $1,044 -51.7% 45,000
78 Dow Michigan $42,951 –% -$1,359 –% 36,500
79 Tyson Foods Arkansas $42,405 5.9% $2,022 -33.1% 141,000
80 TJX Massachusetts $41,717 7.0% $3,272 6.9% 286,000
81 TIAA New York $40,454 -1.5% $2,460 57.6% 16,533
82 Oracle California $39,506 -0.8% $11,083 189.8% 136,000
83 General Dynamics Virginia $39,350 8.7% $3,484 4.2% 102,900
84 Deere Illinois $39,258 5.1% $3,253 37.4% 73,489
85 Nike Oregon $39,117 7.5% $4,029 108.4% 76,700
86 Progressive Ohio $39,022 22.0% $3,970 51.8% 41,571
87 Publix Super Markets Florida $38,463 5.7% $3,005 26.2% 207,000
88 Coca-Cola Georgia $37,266 17.0% $8,920 38.6% 86,200
89 Massachusetts Mutual Life Insurance Massachusetts $37,253 -5.1% $3,701 830.1% 9,896
90 Tech Data Florida $36,998 -0.6% $375 10.0% 15,000
91 World Fuel Services Florida $36,819 -7.4% $179 40.1% 5,500
92 Honeywell International North Carolina $36,709 -12.2% $6,143 -9.2% 113,000
93 ConocoPhillips Texas $36,670 -5.3% $7,189 14.9% 10,400
94 USAA Texas $35,617 13.5% $4,006 74.8% 35,076
95 Exelon Illinois $34,438 -4.3% $2,936 46.1% 32,713
96 Northrop Grumman Virginia $33,841 12.4% $2,248 -30.4% 90,000
97 Capital One Financial Virginia $33,766 4.3% $5,546 -7.8% 51,900
98 Plains GP Holdings Texas $33,669 -1.1% $331 -0.9% 5,000
99 AbbVie Illinois $33,266 1.6% $7,882 38.6% 30,000
100 INTL FCStone New

Source: Fortune.com.
This article was first published by The Center Square.



Interested in more news from Texas? We've got you covered! See More Texas News
Previous Article
Next Article

Join the conversation!

We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse.

 

Trending on The Hayride