Fortune 500 2016 Rankings
On Monday, June 6, Fortune magazine released this year’s Fortune 500 rankings marking the 62nd running of the list. With $12 trillion in revenues, $840 billion in profits, $17 trillion in market value, and 27.9 million people employed worldwide, Fortune 500 companies represent two-thirds of the U.S. GDP.
For the fourth consecutive year, Walmart tops the Fortune 500 list. The most profitable company on the list is Apple with $53 billion in profits rising 2 spots in rank from No. 5 last year to No. 3 in 2016.
Overall, profits fell 11% and revenues were down 4.2% from 2015 with more than half of the Fortune 500 companies reporting drops in sales. Energy was the hardest hit with low oil prices resulting in a net loss of $44 billion on $1.3 trillion in revenues for the 62 companies in the list’s energy sector.
Visualize the Fortune 500
This year, Fortune released two visualizations to further explore the Fortune 500 list:
- A map of all the U.S. headquarters from the 2016 list
- A line chart of how each company on the 2016 list moved through the ranks for the past 20 years
2016 Fortune 500 Top 25 (Annual revenue in millions):
- Walmart, $482,130
- Exxon Mobil, $246,204
- Apple, $233,715
- Berkshire Hathaway, $210,821
- McKesson, $181,241
- UnitedHealth Group, $157,107
- CVS Health, $153,290
- General Motors, $152,356
- Ford Motor, $149,558
- AT&T, $146,801
- General Electric, $140,389
- AmerisourceBergen, $135,962
- Verizon, $131,620
- Chevron, $131,118
- Costco, $116,199
- Fannie Mae, $110,359
- Kroger, $109,830
- Amazon.com, $107,006
- Walgreens Boots Alliance, $103,444
- HP, $103,355
- Cardinal Health, $102,531
- Express Scripts Holding, $101,752
- JPMorgan Chase, $101,006
- Boeing, $96,114
- Microsoft,$93,580
Big Movers in the Top 25:
- Walgreens, up 16 spots
- Amazon.com, up 11
- UnitedHealth Group, up 8
- McKesson, up 6
- Microsoft, up 6
The Top 10 Big Movers:
- XPO Logistics, up 556 spots
- AECOM, up 187
- Dollar Tree, up 150
- Lithia Motors, up 136
- NGL Energy Partners, up 132
- Zimmer Biomet Holdings, up 124
- Kindred Healthcare, up 119
- Envision Healthcare Holdings, up 118
- Laboratory Corp. of America, up 115
- Constellation Brands, up 101
XPO debuts on the 2016 list following a stunning 419.8% increase in revenue, the sum amounting to $7.6 billion. The spectacular growth follows an ambitious slate of acquisitions completed over the course of 2015: UX Specialized Logistics, Bridge Terminal Transport, Con-Way Inc., and Norbert Dentressangle.
