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List of 2020 Fortune 500 Companies Released!

Find out which one is the most profitable fortune 500 company

Sonal by Sonal
September 10, 2020
in News, Business
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List of 2020 Fortune 500 Companies Released!

Image Source: Fortune

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Fortune Magazine recently released its list of America’s largest 500 companies for 2020 recently, famously called the Fortune 500 companies.

This is the 66th edition of the list and the companies on the list this year represent 66 per cent of America’s economy, amounting to a massive $14.2 trillion in terms of revenue.

While there were some minor changes in rankings, the same 10 companies from 2019 were in the top 10 this year too.

In terms of ranking for this year, retail giant Walmart topped the list for the eighth consecutive year. E-commerce behemoth Amazon made a massive jump to the second place this year from fifth place last year, reaching its highest ranking ever.

Oil and gas company Exxon Mobile, technology company Apple, and healthcare company CVS Health on the third, fourth, and fifth position respectively rounded off the top 5 on the list.

Multinational conglomerate Berkshire Hathway headed by Warren Buffett was the Most Profitable Company on the list. It was followed by Apple, Microsoft, and JPMorgan Chase.

There were quite a few first timers on the list, which included Dow at number 78, Baker Hughes at 129, and Uber Technologies at number 228.

Here is a list of the top 25 companies on the list.

  1. Walmart
    Retail Company
    Number 1 among fortune 500 companies
  2. Amazon.com
    E-commerce company
    Number 2 in Fortune 500
  3. Exxon Mobile
    Corporation
    Exxon Mobil Number 4 in Fortune 500
  4. Apple
    Technology company
    Number 4 in Fortune 500 is Apple
  5. CVS Health
    Healthcare company
    CVS Health Fortune 500 Company
  6. Berkshire Hathway
    Multinational conglomerate company
    Bershire Fortune 500 Company
  7. UnitedHealth Group
    Managed care company
    UnitedHealth Fortune 500
  8. McKesson
    Health care company
    McKesson Fortune 500
  9. AT&T
    Telecommunications company
    AT&T Fortune 500
  10. AmerisourceBergen
    Wholesale company
    AmerisourceBergen Fortune 500
  11. Alphabet
    Multinational conglomerate company
    Alphabet Fortune 500 Company
  12. Ford Motor
    Automaker company
    Ford Motor Fortune 500 Company
  13. Cigna
    Insurance company
    Cigna Fortune 500 Company
  14. Costco Wholesale
    Retail company
    Costco Fortune 500 company
  15. Chevron
    Oil industry company
    Chevron Fortune 500 Company
  16. Cardinal Health
    Health care company
    Cardinal Health Fortune 500 Company
  17. JP Morgan Chase
    Investment banking company
    JP Morgan Chase & Co Fortune 500 Company
  18. General Motors
    Vehicle manufacturer
    General Motors Fortune 500
  19. Walgreen Boots Alliance
    Retail pharmacy company
    Walgreens Boots Alliance Fortune 500 Company
  20. Verizon Communications
    Telecommunications company
    Verizon Communications Fortune 500
  21. Microsoft
    Technology company
    Microsoft Fortune 500 Company
  22. Marathon Petroleum
    Petroleum refining company
    Marathon Petroleum Fortune 500 Company
  23. Kroger
    Retail company
    Kroger Fortune 500 Company
  24. Fannie Mae
    Mortgage loan company
    Fannie Mae Fortune 500 Company
  25. Bank of America
    Investment banking company
    Bank of America Fortune 500 Company

View the entire list here.

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Tags: CompaniesFortune 10Fortune 100Fortune 200Fortune 25Fortune 300Fortune 50Fortune 500World's top companies

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