Walmart Takes No. 1 Spot for Eighth Straight Year; Amazon.Com Jumps up to No. 2, Their All-Time High Ranking
Today, FORTUNE announced the 66th, its annual list of the largest corporations in the United States, ranked by revenue for the 2019 fiscal year. Additionally, FORTUNE and Qlik, the official analytics partner of the FORTUNE 500, have launched the “History of the FORTUNE 500” interactive site. This visual experience, developed by Qlik, takes users on a journey through the FORTUNE 500, and enables guided exploration of data related to company revenues, the historical events that shaped them, and the industry sector status and changes that have emerged.
Recommended AI News: SIMBA Chain Awarded A Contract To Develop Blockchain-Based System For Securing Sensitive R&D Data By U.S. Department Of Defense
The revenue threshold for making the 2020 500 list was $5.7 billion, up 1% from last year. In total, 500 companies represent two-thirds of the U.S. GDP with $14.2 trillion in revenues (up 4%), $1.2 trillion in profits (up 8%), $20.4 trillion in market value (down 10%), and employ 29.2 million people worldwide.
Walmart took the top spot on the 2020 list for the eighth year in a row, generating $4 trillion cumulative revenue over that time. Amazon.com jumped to No.2 for their highest ranking since their 2002 debut. Exxon Mobil, Apple, and CVS Health round out the top 5.
Recommended AI News: OKCoin Snaps Up Former Coinbase And Blockchain.Com Executives To Boost Leadership Team Ahead Of Bitcoin Halving Moment
THE TOP TEN COMPANIES ON THE 2020 FORTUNE 500 LIST ARE:
- Walmart
- Amazon.com
- Exxon Mobil
- Apple
- CVS Health
- Berkshire Hathaway
- UnitedHealth Group
- McKesson
- AT&T
- AmerisourceBergen
See the complete FORTUNE 500 List here. The June/July 2020 issue of is on newsstands now.
Recommended AI News: Riot Blockchain Reports First Quarter 2020 Financial Results, Recent Legal, Operational & Financial Highlights
Comments are closed, but trackbacks and pingbacks are open.