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Economic Colossi

An analytical review of America's leading enterprises, dissecting their financial might and market influence.

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Overview

Defining Corporate Scale

Understanding the scale of corporate entities in the United States requires a clear framework. This analysis draws primarily from the esteemed Fortune 500 and Forbes rankings, which serve as authoritative benchmarks for corporate revenue. These lists illuminate the immense economic power concentrated within a select group of companies, reflecting their significant contributions to the national and global economy.

Methodological Distinctions

It is crucial for a comprehensive understanding to differentiate between the criteria employed by these ranking methodologies. The Fortune 500, for instance, predominantly focuses on publicly traded companies, including those that have undergone tax inversion or are government-sponsored enterprises that later became publicly traded. Conversely, large privately held companies, such as Cargill and Koch Industries, are typically excluded from the Fortune 500 due to the non-public nature of their financial disclosures. Forbes, however, provides a separate, invaluable ranking for these private sector powerhouses, offering a more complete picture of the American corporate landscape.

The inclusion criteria for these lists are rigorous. For publicly traded entities, revenue figures are derived from their fiscal year reports, typically for the preceding calendar year. The definition of a "U.S. company" extends beyond mere incorporation to include those with significant operational headquarters or independent subsidiaries within the United States, even if their ultimate parent entity might be structured differently. This nuanced approach ensures that the rankings capture the true economic footprint of companies operating within the American market, regardless of complex corporate structures.

Public Giants

The following table presents the 100 largest publicly traded companies in the United States by revenue, based on the Fortune 500 list for fiscal year 2024 (as of 2025). These entities represent the pinnacle of corporate achievement, driving innovation, employment, and economic growth across diverse sectors.

Top 100 Publicly Traded Companies by Revenue

Rank Name Industry Revenue
(USD millions)
Revenue growth Employees Headquarters
1WalmartRetail680,985▲ 5.1%2,100,000Bentonville, Arkansas
2AmazonRetail and cloud computing637,959▲ 11.0%1,556,000Seattle, Washington
3UnitedHealth GroupHealthcare400,278▲ 7.7%400,000Minnetonka, Minnesota
4AppleElectronics industry391,035▲ 2.0%164,000Cupertino, California
5CVS HealthHealthcare372,809▲ 4.2%259,500Woonsocket, Rhode Island
6Berkshire HathawayConglomerate371,433▲ 1.9%392,400Omaha, Nebraska
7AlphabetTechnology and cloud computing350,018▲ 13.9%183,323Mountain View, California
8ExxonMobilPetroleum industry349,595▲ 1.5%60,900Spring, Texas
9McKesson CorporationHealth308,951▲ 11.7%48,000Irving, Texas
10CencoraPharmacy wholesale293,959▲ 12.1%44,000Conshohocken, Pennsylvania
11JPMorgan ChaseFinancial services278,906▲ 16.5%317,233New York City, New York
12CostcoRetail254,453▲ 5.0%333,000Issaquah, Washington
13CignaHealth insurance247,121▲ 26.6%72,398Bloomfield, Connecticut
14MicrosoftTechnology and cloud computing245,122▲ 15.7%228,000Redmond, Washington
15Cardinal HealthHealthcare226,827▲ 10.6%48,411Dublin, Ohio
16Chevron CorporationPetroleum industry202,792▲ 0.9%45,298Houston, Texas
17Bank of AmericaFinancials184,992▲ 11.9%213,193Charlotte, North Carolina
18General MotorsAutomotive industry187,442▲ 9.1%162,000Detroit, Michigan
19Ford Motor CompanyAutomotive industry184,992▲ 5.0%171,000Dearborn, Michigan
20Elevance HealthHealthcare177,011▲ 3.3%103,679Indianapolis, Indiana
21CitigroupFinancials170,757▲ 8.9%227,855New York City, New York
22Meta PlatformsTechnology164,501▲ 21.9%74,067Menlo Park, California
23CenteneHealthcare163,071▲ 5.9%60,500St. Louis, Missouri
24The Home DepotRetail159,514▲ 4.5%470,100Atlanta, Georgia
25Fannie MaeFinancials152,670▲ 8.1%8,200Washington, D.C.
26Walgreens Boots AlliancePharmaceutical industry147,658▲ 6.2%252,500Deerfield, Illinois
27KrogerRetail147,123▼ -1.9%409,000Cincinnati, Ohio
28Phillips 66Petroleum industry145,496▼ -2.9%13,200Houston, Texas
29Marathon PetroleumPetroleum industry140,412▼ -6.6%18,300Findlay, Ohio
30Verizon CommunicationsTelecommunications134,788▲ 0.6%99,600New York City, New York
31NvidiaTechnology130,497▲ 114.2%36,000Santa Clara, California
32Goldman SachsFinancials126,853▲ 17.0%46,500New York City, New York
33Wells FargoFinancials125,397▲ 8.7%217,502San Francisco, California
34Valero EnergyPetroleum industry123,974▼ -10.8%9,910San Antonio, Texas
35ComcastTelecommunications123,731▲ 1.8%182,000Philadelphia, Pennsylvania
36State FarmFinancials122,951▲ 18.0%67,381Bloomington, Illinois
37AT&TConglomerate and telecommunications122,336▼ -0.1%140,990Dallas, Texas
38Freddie MacFinancials122,052▲ 13.0%8,090McLean, Virginia
39HumanaHealth insurance117,761▲ 10.7%65,680Louisville, Kentucky
40Morgan StanleyFinancials107,285▲ 11.5%80,478New York City, New York
41Target CorporationRetail106,566▼ -0.8%440,000Minneapolis, Minnesota
42StoneX GroupFinancials99,888▲ 64.1%4,500New York City, New York
43TeslaAutomotive and energy97,690▲ 0.9%125,665Austin, Texas
44Dell TechnologiesTechnology95,567▲ 8.1%108,000Round Rock, Texas
45PepsiCoBeverage91,854▲ 0.4%319,000Purchase, New York
46The Walt Disney CompanyMedia91,361▲ 2.8%205,040Burbank, California
47United Parcel ServiceTransportation91,070▲ 0.1%372,180Atlanta, Georgia
48Johnson & JohnsonPharmaceutical industry88,821▼ -6.7%138,100New Brunswick, New Jersey
49FedExTransportation87,693▼ -2.7%422,100Memphis, Tennessee
50Archer Daniels MidlandFood industry85,530▼ -8.9%43,213Chicago, Illinois
51Procter & GambleConsumer products manufacturing84,039▲ 2.5%108,000Cincinnati, Ohio
52Lowe'sRetail83,674▼ -3.1%215,500Mooresville, North Carolina
53Energy Transfer PartnersPetroleum industry82,671▲ 5.2%16,248Dallas, Texas
54RTX CorporationConglomerate80,739▲ 17.1%186,000Arlington County, Virginia
55AlbertsonsRetail79,238▲ 2.0%196,650Boise, Idaho
56SyscoFood service78,844▲ 3.3%76,000Houston, Texas
57Progressive CorporationInsurance75,372▲ 21.4%66,308Mayfield Village, Ohio
58American ExpressFinancial74,201▲ 10.1%75,100New York City, New York
59Lockheed MartinAerospace and defense71,043▲ 5.1%121,000Bethesda, Maryland
60MetLifeFinancials70,986▲ 6.1%45,000New York City, New York
61HCA HealthcareHealthcare70,603▲ 8.7%271,000Nashville, Tennessee
62Prudential FinancialFinancials70,405▲ 30.4%37,936Newark, New Jersey
63BoeingAerospace and defense66,517▼ -14.5%172,000Arlington County, Virginia
64CaterpillarMachinery64,809▼ -3.4%112,900Irving, Texas
65Merck & Co.Pharmaceutical industry64,168▲ 6.7%74,000Kenilworth, New Jersey
66AllstateInsurance64,106▲ 12.3%55,200Northfield Township, Cook County, Illinois
67PfizerPharmaceutical industry63,627▲ 8.8%81,000New York City, New York
68IBMTechnology and cloud computing62,753▲ 1.4%284,500Armonk, New York
69New York Life Insurance CompanyInsurance62,639▲ 15.3%15,131New York City, New York
70Delta Air LinesAirline61,643▲ 6.2%103,000Atlanta, Georgia
71PublixRetail60,177▲ 4.6%255,000Lakeland, Florida
72Nationwide Mutual Insurance CompanyFinancial58,646▲ 7.4%22,453Columbus, Ohio
73TD SynnexInformation Technology58,452▲ 1.6%25,750Clearwater, Florida
74United AirlinesAirline57,063▲ 6.2%107,300Chicago, Illinois
75ConocoPhillipsPetroleum industry56,953▼ -2.8%11,800Houston, Texas
76TJXRetail56,360▲ 4.0%364,000Framingham, Massachusetts
77AbbViePharmaceutical industry56,334▲ 3.7%55,000Lake Bluff, Illinois
78Enterprise ProductsPetroleum industry56,219▲ 13.1%7,800Houston, Texas
79Charter CommunicationsTelecommunications55,085▲ 0.9%94,500Stamford, Connecticut
80Performance Food GroupFood processing54,681▲ 2.5%36,815Richmond, Virginia
81American AirlinesAirline54,211▲ 2.7%133,300Fort Worth, Texas
82Capital One FinancialFinancials53,938▲ 9.0%52,600Richmond, Virginia
83CiscoTelecom hardware manufacturing53,803▼ -5.6%90,400San Jose, California
84HPTechnology53,559▼ -0.3%58,000Palo Alto, California
85Tyson FoodsFood processing53,309▲ 0.8%138,000Springdale, Arkansas
86IntelTechnology53,101▼ -2.1%108,900Santa Clara, California
87Oracle CorporationTechnology52,961▲ 6.0%159,000Austin, Texas
88BroadcomTechnology52,432▲ 46.4%37,000Palo Alto, California
89John DeereAgriculture manufacturing51,716▼ -15.6%55,524Moline, Illinois
90NikeApparel51,361▲ 0.3%78,400Beaverton, Oregon
91Liberty MutualInsurance50,429▼ -4.1%40,000Boston, Massachusetts
92Plains All American PipelinePetroleum industry50,073▲ 2.8%4,200Houston, Texas
93USAAInsurance48,560▲ 14.3%38,018San Antonio, Texas
94Bristol-Myers SquibbPharmaceutical industry48,300▲ 7.3%34,100New York City, New York
95Ingram MicroTechnology47,984▼ -0.1%26,125Irvine, California
96General DynamicsAerospace and defense47,716▲ 12.9%117,000Reston, Virginia
97Coca-ColaBeverage47,061▲ 2.9%69,700Atlanta, Georgia
98TIAAFinancials46,946▲ 2.6%15,623New York City, New York
99The Travelers CompaniesInsurance46,423▲ 12.2%34,000New York City, New York
100Eli LillyPharmaceutical industry45,043▲ 32.0%47,000Indianapolis, Indiana

Private Powerhouses

While often operating outside the public spotlight, privately held companies wield substantial economic influence. This section highlights the largest private enterprises in the U.S. by revenue for fiscal year 2022 (as of 2023), as compiled by Forbes. Their significant revenues and employee bases underscore their critical role in various industries.

Top 10 Largest Private Companies by Revenue

Rank Name Industry Revenue
(USD billions)
Employees Headquarters
1CargillFood industry177160,000Minnetonka, Minnesota
2Koch IndustriesConglomerate125120,000Wichita, Kansas
3Publix Super MarketsRetail54.5250,000Lakeland, Florida
4Mars, IncorporatedFood industry47140,000McLean, Virginia
5H-E-BRetail43.6145,000San Antonio, Texas
6Reyes HoldingsWholesaling4036,000Rosemont, Illinois
7Enterprise HoldingsCar rental3590,000Clayton, Missouri
8C&S Wholesale GrocersWholesaling34.715,000Keene, New Hampshire
9Love'sPetroleum industry and Retail26.540,000Oklahoma City, Oklahoma
10Southern Glazer's Wine and SpiritsFood industry26.024,000Miramar, Florida

Profit Leaders

While revenue indicates the total sales generated, profit represents the financial gain after all expenses are deducted, offering a crucial measure of a company's efficiency and value creation. This section highlights the ten most profitable companies in the U.S. for 2025, according to the Fortune 500, showcasing entities that excel not just in scale but also in financial performance.

Top 10 Most Profitable Companies

Rank Name Industry Profits
(USD millions)
1AlphabetTechnology100,118
2AppleElectronics93,736
3Berkshire HathawayConglomerate88,995
4MicrosoftTechnology88,136
5NvidiaTechnology72,880
6Meta PlatformsTechnology62,360
7AmazonRetail/Technology59,248
8JPMorgan ChaseFinancials58,471
9ExxonMobilPetroleum industry33,680
10Bank of AmericaFinancials27,132

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References

References

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Important Notice

This page was generated by an Artificial Intelligence and is intended for informational and educational purposes only. The content is based on a snapshot of publicly available data from Wikipedia and may not be entirely accurate, complete, or up-to-date.

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