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Listings in Fortune 500
Companies that are listed in the Fortune 500 annual list.
PepsiCo
PepsiCo, Inc. is an American multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase. PepsiCo has interests in the manufacturing, marketing, and distribution of grain-based snack foods, beverages, and other products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc. PepsiCo has since expanded from its namesake product Pepsi to a broader range of food and beverage brands, the largest of which included an acquisition of Tropicana Products in 1998 and the Quaker Oats Company in 2001, which added the Gatorade brand to its portfolio. As of January 26, 2012, 22 of PepsiCo’s brands generated retail sales of more than $1 billion,[3] and the company’s products were distributed across more than 200 countries, resulting in annual net revenues of $43.3 billion. Based on net revenue, PepsiCo is the second largest food and beverage business in the world, behind Nestle. Within North America, PepsiCo is the largest food and beverage business by net revenue. Ramon Laguarta has been the chief executive of PepsiCo since 2018. The company’s beverage distribution and bottling is conducted by PepsiCo as well as by licensed bottlers in certain regions.
Performance Food Group
Performance Food Group Company (PFG) (NASDAQ: PFGC) is an American company that was founded in 1885 in Richmond, Virginia by food peddler James Capers.[1] Headquartered in Goochland County, Virginia (just outside Richmond), the company distributes a range of food products, and has more than 14,000 employees.[2] It has three divisions, each catering to specific market segments: Performance Foodservice, Vistar, and PFG Customized.
Peter Kiewit Sons’
Kiewit Corporation is an employee-owned Fortune 500 contractor based in Omaha, Nebraska. Privately held, it is one of the largest construction and engineering organizations in North America. Recent projects have included several bridge retrofittings in the San Francisco Bay Area, Interstate H-3 project in Hawaii, rebuilding the spillway at Oroville Dam, and building the world’s largest geodesic dome at Henry Doorly Zoo in Omaha. Along with significant mining and off-shore operations, the company also contracts small grading (dirt moving) projects for residential or commercial development.
Pfizer
Pfizer Inc. (NYSE: PFE, /?fa?z?r/)[2] is an American multinational pharmaceutical corporation headquartered in New York City was founded in 1849, based in New York City and was listed on New York Stock Exchange[3]. It is one of the world’s largest pharmaceutical companies.[4] It is listed on the New York Stock Exchange, and its shares have been a component of the Dow Jones Industrial Average since 2004.[5] Pfizer ranked No. 57 on the 2018 Fortune 500 list of the largest United States corporations by total revenue.[6] On December 19, 2018, Pfizer announced a joint merger of their consumer healthcare division with UK pharma giant GlaxoSmithKline; the British company will maintain a controlling share (listed at 68%).[7] The company develops and produces medicines and vaccines for a wide range of medical disciplines, including immunology, oncology, cardiology, endocrinology, and neurology. Its products include the blockbuster drug Lipitor (atorvastatin), used to lower LDL blood cholesterol; Lyrica (pregabalin) for neuropathic pain and fibromyalgia; Diflucan (fluconazole), an oral antifungal medication; Zithromax (azithromycin), an antibiotic; Viagra (sildenafil) for erectile dysfunction; and Celebrex (also Celebra, celecoxib), an anti-inflammatory drug. In 2016, Pfizer Inc. was expected to merge with Allergan, Plc to create the Ireland-based “Pfizer plc” in a deal that would have been worth $160 billion.[8] The merger was called off in April 2016, however, because of new rules from the United States Treasury against tax inversions, a method of avoiding taxes by merging with a foreign company.[9] The company has made the second-largest pharmaceutical settlement with the United States Department of Justice.
Philip Morris International
Philip Morris International Inc. (PMI) is an American multinational cigarette and tobacco manufacturing company, with products sold in over 180 countries. The most recognized and best selling product of the company is Marlboro.[2] Until a spin-off in March 2008, Philip Morris International was an operating company of Altria. Altria explained the spin-off, arguing PMI would have more “freedom” outside the constraints of US corporate ownership in terms of potential litigation and legislative restrictions to “pursue sales growth in emerging markets.”, while Altria focuses on the United States.[3] The shareholders in Altria at the time were given shares in PMI, which was listed on the London Stock Exchange and other markets. The company’s headquarters are in New York City. It does not operate in the United States; Philip Morris USA, a subsidiary of PMI’s former owner Altria, owns the Philip Morris brands there. With tobacco being addictive and the single greatest cause of preventable death globally,[4] the company is highly controversial, not least because of its history of obfuscating scientific evidence around the health impacts of smoking. It has been the subject of litigation and restrictive legislation from governments. In response to burgeoning awareness of the harm to health of cigarettes, PMI has declared on its homepage the intention to replace cigarettes with smoke-free products, and to “switch … adult smokers” to these products as the first phase of a business strategy, as a responsible decision for the benefit of “adult smokers” and the companies share-holders and employees.[5][6][7] With the world-wide decrease in smoking in the 21st century, shares of Philip Morris were no longer considered the “safe haven” they once were.[8] The company ranked No. 108 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.
Phillips 66
The Phillips 66 Company is an American multinational energy company headquartered in Westchase, Houston, Texas. It debuted as an independent energy company when ConocoPhillips executed a spin-off of its downstream and midstream assets. Taking its name from the 1927 “Phillips 66” trademark of ConocoPhillips predecessor Phillips Petroleum Company, Phillips 66 began trading on the New York Stock Exchange on May 1, 2012, under the ticker PSX. The company is engaged in producing natural gas liquids (NGL) and petrochemicals. The company has approximately 14,000 employees worldwide and is active in more than 65 countries.[2] Phillips 66 is ranked No. 23 on the Fortune 500 list and No. 67 on the Fortune Global 500 list as of 2018.
Plains GP Holdings
Plains All American Pipeline (NYSE: PAA) is a publicly traded Master limited partnership in the oil pipeline transportation, marketing, and storage business in the United States, liquefied petroleum gas business in Canada, and natural gas storage business in Michigan and Louisiana. It owns about 37 million barrels (5,900,000 m³) of terminal and storage capacity and 15,000 miles (25,000 km) of crude oil pipelines. Its parent company, Plains GP Holdings, L.P. NYSE: PAGP was formed as a holding company in 2013 to own and manage Plains American Pipeline.[2] In 2018, Plains GP ranked No. 115 on the Fortune 500 list of the largest United States corporations by total revenue.[3] The company itself is headquartered in Three Allen Center in Downtown Houston, Texas;[4] was traded in 1993; and grew through investment, originally in the Cushing Terminal in Cushing, Oklahoma and mostly acquisition, aimed at improving the transmission of oil to the Midwest.[5] Plains Midstream Canada, an indirect subsidiary of Plains All American Pipeline, does business in 5 provinces in Canada and more than 40 U.S. states.
PNC Financial Services
PNC Financial Services Group, Inc. (stylized as PNC) is a bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. Its banking subsidiary, PNC Bank, operates in 19 states and the District of Columbia with 2,459 branches and 9,051 ATMs. The company also provides financial services such as asset management, wealth management, estate planning, loan servicing, and information processing.[1] PNC is ranked 9th on the list of largest banks in the United States by assets. It is the 5th largest bank by number of branches, 6th largest by deposits, and 4th largest in number of ATMs.[2] The name “PNC” is derived from the initials of both of the bank’s two predecessor companies: Pittsburgh National Corporation and Provident National Corporation, which merged in 1983.
PPG Industries
PPG Industries, Inc. is an American Fortune 500 company and global supplier of paints, coatings, and specialty materials. With headquarters in Pittsburgh, Pennsylvania, PPG operates in more than 70 countries around the globe. By revenue it is the largest coatings company in the world followed by AkzoNobel.[1] It is headquartered in PPG Place, an office and retail complex in downtown Pittsburgh, and is known for its glass facade designed by Philip Johnson.
PPL
The PPL Corporation is an energy company headquartered in Allentown, Pennsylvania, United States. It currently controls about 8,000 megawatts of regulated electric generating capacity in the United States and delivers electricity to 10.5 million customers in Pennsylvania, Kentucky, and Great Britain. PPL is the parent to seven regulated utility companies in the U.S., and it also provides natural gas delivery service to 321,000 customers in Kentucky. PPL Electric Utilities (formerly known as PP&L and Pennsylvania Power and Light) is the PPL Corporation’s primary subsidiary. The majority of PPL’s power plants burn coal, oil, or natural gas. PPL also owns peaking plants, which require few operators and have a high profit margin due to their ability to rapidly come online when the price of electricity spikes. The company is publicly traded on the New York Stock Exchange.
Praxair
Praxair, Inc. is an American worldwide industrial gases company. It was the largest industrial gases company in North and South America, and the third-largest worldwide by revenue. In 2018 it merged with Linde AG to form Linde plc.
Priceline Group
Booking Holdings Inc. is an American company organized in Delaware and based in Norwalk, Connecticut, that owns and operates several travel fare aggregators and travel fare metasearch engines including namesake and flagship Booking.com, Priceline.com, Agoda.com, Kayak.com, Cheapflights, Rentalcars.com, Momondo, and OpenTable. It operates websites in about 40 languages and 200 countries. In 2017, 89% of its gross profit was made outside the United States most of which used Booking.com. In 2017, consumers booked 673.1 million room nights of accommodation, 73.0 million rental car days, and 6.9 million airplane tickets using websites owned by Booking Holdings. In 2017, 93.4% of revenues were derived from commissions and 6.6% of revenues were derived from advertising. The company ranked 216th on the 2019 Fortune 500 list of the largest United States corporations by revenue.
Principal Financial
The Principal Financial Group is a global financial investment management and insurance company headquartered in Des Moines, Iowa. Four segments comprise the company: Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions. The company employs roughly 9,000 people in Des Moines, Iowa, and owns and operates several buildings in the downtown area. The tallest, known as 801 Grand, is 45 stories tall (192m/630 ft),[2] and houses many other companies in addition to The Principal. As of March 2014, Principal employed 14,600 employees worldwide, with its Global Delivery center, Principal Global Services, in Pune, Maharashtra, India.[3] Principal also has a lobbyist registered in the Iowa Legislature since December 2016. He is designated to lobby the Executive Branch of the Government of Iowa.
Procter & Gamble
The Procter & Gamble Company (P&G) is an American multinational consumer goods corporation headquartered in downtown Cincinnati, Ohio, founded in 1837 by English American William Procter and Irish American James Gamble.[3] It specializes in a wide range of personal health/consumer health, and personal care and hygiene products; these products are organized into several segments including Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine, & Family Care. Before the sale of Pringles to Kellogg’s, its product portfolio also included foods, snacks, and beverages.[4] P&G is incorporated in Ohio.[5] In 2014, P&G recorded $83.1 billion in sales. On August 1, 2014, P&G announced it was streamlining the company, dropping and selling off around 100 brands from its product portfolio in order to focus on the remaining 65 brands,[6] which produced 95% of the company’s profits. A. G. Lafleythe company’s chairman, president, and CEO until October 31, 2015said the future P&G would be “a much simpler, much less complex company of leading brands that’s easier to manage and operate”.[7] David Taylor is the current president and CEO of Procter & Gamble.
Prudential Financial
Prudential Financial, Inc. is an American Fortune Global 500 and Fortune 500 company whose subsidiaries provide insurance, investment management, and other financial products and services to both retail and institutional customers throughout the United States and in over 40 other countries. Prudential Financial is the largest insurance company in the United States, with total assets amounting to approximately 1.456 trillion U.S. dollars. Principal products and services provided include life insurance, annuities, mutual funds, pension- and retirement-related investments, administration and asset management, securities brokerage services. It provides these products and services to individual and institutional customers through distribution networks in the financial services industry. Prudential has operations in the United States, Asia, Europe and Latin America and has organized its principal operations into the Financial Services Businesses and the Closed Block Business. Prudential is composed of hundreds of subsidiaries and holds more than $4 trillion of life insurance.
Public Service Enterprise Group
The Public Service Enterprise Group (PSEG) is a publicly traded diversified energy company headquartered in Newark, New Jersey and was established in 1985. The company’s largest subsidiary is Public Service Electric and Gas Company (PSE&G). The Public Service Electric and Gas Company is a regulated gas and electric utility company serving the state of New Jersey and it is New Jersey’s oldest and largest investor owned utility company; the Public Service Electric and Gas Company was established in 1928 and was originally a subsidiary of the New-Jersey-based Public Service Corporation.
Publix Super Markets
Publix Super Markets, Inc., commonly known as Publix, is an employee-owned, American supermarket chain headquartered in Lakeland, Florida.[1] Founded in 1930 by George W. Jenkins, Publix is a private corporation that is wholly owned by present and past employees and members of the Jenkins family.[5] Publix operates throughout the Southeastern United States, with locations in Florida (831), Georgia (190), Alabama (77), South Carolina (64), Tennessee (46), North Carolina (46), and Virginia (16).[1] Publix stands as one of the largest U.S. regional grocery chains. Locations are found as far north as Spotsylvania, Virginia, as far south as Key West, Florida, while the westernmost location is in Mobile, Alabama. Today, the state of Florida still has the largest number of stores, with 799, about two-thirds of the outlets.[1] As of January 2019, Publix employs about 193,000 people[6] at its 1,221 retail locations, cooking schools, corporate offices, 9 grocery distribution centers, and 11 manufacturing facilities. The manufacturing facilities produce its dairy, deli, bakery, and other food products.[1] Publix was ranked No. 12 on Fortune magazine’s list of 100 Best Companies to Work For in 2019, up from No. 47 in 2018,[7] was ranked No. 7 on Forbes’ 2017 list of America’s Largest Private Companies, and is the largest in Florida.[8] Fortune ranked Publix #1 on their 2018 list of World’s Most Admired Companies in the Food & Drug Stores sector.[9] The company’s 2017 sales totaled US$34.6 billion, with profits of $2.3 billion, ranking No. 88 on Fortune magazine’s Fortune 500 list of U.S. companies by revenue for 2017.[10] According to the National Retail Federation, based on 2017 revenue, Publix is the fifteenth-largest U.S. retailer.[6][better source needed] Publix stock is only available for purchase by eligible active employees and non-employee members of its Board of Directors.
Qualcomm
Qualcomm Incorporated is an American multinational semiconductor and telecommunications equipment company that designs and markets wireless telecommunications products and services. It derives most of its revenue from chipmaking and the bulk of its profit from patent licensing businesses.[3] The company headquarter is located in San Diego, California, United States, and has 224 worldwide locations. The parent company is Qualcomm Incorporated (Qualcomm), which has a number of wholly owned subsidiaries: Qualcomm CDMA Technologies (QCT) sells all of Qualcomm’s products and services (including chipsets); Qualcomm Technology Licensing (QTL) is responsible for the patent licensing business; and Qualcomm Technologies, Inc. (QTI) operates nearly all of Qualcomm’s R&D activities.
Qurate Retail
Qurate Retail Group, formerly known as Liberty Interactive Corporation, is an American media conglomerate controlled by company Chairman John C. Malone, who owns a majority of the voting shares. Liberty Interactive was originally a division of Liberty Media; on September 28, 1998, Liberty Media announced the formation of Liberty Interactive, a division which would take advantage of new technologies such as set-top boxes to develop interactive programming. The company owned eighty-six percent of TCI Music Inc. (NASDAQ symbol: TUNE/TUNEP). As of January 1, 1999, E! Entertainment President and Chief Executive Officer Lee Masters would become the new company’s CEO, and Bruce Ravenel would be Chief Technology Officer. On September 10, 1999, Liberty Media Group renamed TCI Music to Liberty Digital Inc. (NASDAQ symbol: LDIG), with the new company trading on NASDAQ’s National Market tier, after Liberty Media traded most of its Internet content, interactive television assets, and rights to provide AT&T’s cable systems with interactive services, plus cash and notes valued at $150 million, for TCI Music stock. Masters, who became Liberty Digital’s CEO, told The Wall Street Journal that the new company had a value of $1 billion, $650 million of that from the interactive unit of Liberty Media, which had also used the name Liberty Digital. Liberty Digital lost $244 million with revenue of $66 million in 1999, thanks to investments in struggling Internet businesses HomeGrocer, drugstore.com, TiVo Corporation and iVillage. The company bought half of the Game Show Network because of its interactive features.
Raytheon
The Raytheon Company is a major U.S. defense contractor and industrial corporation with core manufacturing concentrations in weapons and military and commercial electronics. It was previously involved in corporate and special-mission aircraft until early 2007. Raytheon is the world’s largest producer of guided missiles.[4] On June 9, 2019, Raytheon announced a merger of equals with the aerospace companies of United Technologies.[5] Established in 1922, the company reincorporated in 1928 and adopted its present name in 1959. As of 2018 the company had around 67,000 employees worldwide and annual revenues of approximately US$25.35 billion.[6] More than 90% of Raytheon’s revenues were obtained from military contracts and, as of 2012, it was the fifth-largest military contractor in the world.[7] As of 2015, it is the third largest defense contractor in the United States by defense revenue.[8] In 2003, Raytheon’s headquarters moved from Lexington, Massachusetts, to Waltham, Massachusetts.[9] The company had previously been headquartered in Cambridge, Massachusetts, from 1922 to 1928, Newton, Massachusetts, from 1928 to 1941, Waltham from 1941 to 1961 and Lexington from 1961 to 2003.