Only 2 companies with headquarters based in Louisiana made Fortune magazine’s 2020 list of Fortune 500 companies– CenturyLink and Entergy.
This month’s list of high-earning companies was the 66th annual ranking published by Fortune. All companies in the top 500 reported revenues of at least $5.7 billion, a 1 percent increase over the previous year’s threshold.
Fortune includes publicly traded U.S. companies and private companies that file revenue figures with public agencies.
CenturyLink finished 143rd on Fortune’s extended ranking, making the company the state’s highest revenue-generating company.
CenturyLink had revenues of $22.4 billion in the 2019 fiscal year, according to the ranking. It employs 42,500 employees.
Entergy also made the Fortune 500 list, ranking 293, a 5-place drop from the previous year.
Fortune 500 companies account for 66 percent of the nation’s total gross domestic product, with a combined $14.2 trillion in revenues, according to the analysis. In total, their profits were up 8 percent over the previous year, Fortune reported.
Only 52 companies have consistently remained on the list since it first created the ranking in 1952.
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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 | 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 York | $32,897 | 19.1% | $85 | 53.3% | 2,012 |
Source: Fortune.com.
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