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Listings in Fortune 500
Companies that are listed in the Fortune 500 annual list.
AutoNation
AutoNation is an American automotive retailer, which provides new and pre-owned vehicles and associated services in the United States.[3] The company was founded by Wayne Huizenga in 1996, and has more than 360 retail outlets.[4] Based in Fort Lauderdale, Florida, the company’s Chief Executive Officer is Cheryl Miller who abruptly replaced Carl Liebert III.[5] on July 23, 2019.
AutoZone
AutoZone, Inc. is an American retailer of aftermarket automotive parts and accessories, the largest in the United States.[1] Founded in 1979, AutoZone has over 6,000 stores across the United States, Mexico, and Brazil. The company is based in Memphis, Tennessee.
Avery Dennison
Avery Dennison Corporation is a global manufacturer and distributor of pressure-sensitive adhesive materials (such as self-adhesive labels), apparel branding labels and tags, RFID inlays, and specialty medical products. The company is a member of the Fortune 500 and is headquartered in Glendale, California.
Avis Budget Group
Avis Budget Group, Inc. is the American parent company of Avis Car Rental,[3] Budget Car Rental,[4] Budget Truck Rental, Payless Car Rental, Apex Car Rentals,[5] Maggiore Group[6] and Zipcar.[7] The company’s headquarters are located in Parsippany, New Jersey, United States. As of 2011,[needs update] Avis Budget is the leading general-use vehicle rental company in North America, Australia and New Zealand.
Avnet
Avnet, Inc. is one of the world’s largest distributors of electronic components and embedded solutions[buzzword] and is headquartered in Phoenix, Arizona. Although the corporation’s products have been an important part of computer networking, the corporate name is neither an acronym nor a coined word, and dates from nearly a century ago, when it was founded by Charles Avnet in 1921. After its start on Manhattan’s Radio Row, the company became incorporated in 1955 and began trading on the New York Stock Exchange in 1961. On May 8, 2018 Avnet officially changed stock markets to Nasdaq,[4] trading under the same ticker, $AVT. Avnet currently ranks #128[5] on the Fortune 500 and #414[6] on the Fortune Global 500, reporting FY 2017 revenues of $22.87 billion.[7] Avnet has purchased a number of companies to broaden their reach in ecosystem services including Hackster.io, Dragon Innovation, and UK based Premier Farnell.
Avon Products
Avon Products, Inc. is a multi-level marketing company in beauty, household, and personal care categories. Avon had annual sales of $5.5 billion worldwide in 2018.[6] It is the fifth-largest beauty company and, with 6.4 million representatives, is the second largest direct-selling enterprise in the world (after Amway).[7] The company’s CEO is Jan Zijderveld, who was appointed to the position in February 2018.[4] In May 2019, Natura & Co announced its intent to acquire Avon, with the deal expected to close in 2020.
Baker Hughes
Baker Hughes Co. (BHGE) is an international industrial service company and one of the world’s largest oil field services companies. It operates in more than 120 countries, providing the oil and gas industry with products and services for oil drilling, formation evaluation, completion, production and reservoir consulting. Baker Hughes Co. is organized in Delaware and headquartered in Houston.[1] It is 38.4% owned by General Electric.
Ball Corporation
Ball Corporation is an American company headquartered in Broomfield, Colorado. It is best known for its early production of glass jars, lids, and related products used for home canning. Since its founding in Buffalo, New York, in 1880,[3] when it was known as the Wooden Jacket Can Company, the Ball company has expanded and diversified into other business ventures, including aerospace technology, and became the world’s largest manufacturer of recyclable metal beverage and food containers. The Ball brothers renamed their business the Ball Brothers Glass Manufacturing Company, incorporated in 1886. Its headquarters, as well as its glass and metal manufacturing operations, were relocated to Muncie, Indiana, by 1889. The business was renamed the Ball Brothers Company in 1922 and the Ball Corporation in 1969. It became a publicly traded stock company on the New York Stock Exchange in 1973. Ball exited the home canning business in 1993 by spinning off a former subsidiary (Alltrista) into a free-standing company, which renamed itself Jarden Corporation. As part of the spin-off, Jarden is licensed to use the Ball registered trademark on its line of home-canning products. Today the Ball brand mason jars and home canning supplies belongs to Newell Brands.
Bank of America
The Bank of America Corporation (abbreviated as BofA) is an American multinational investment bank and financial services company based in Charlotte, North Carolina, with central hubs in New York City, London, Hong Kong, Minneapolis, and Toronto. Bank of America was formed through NationsBank’s acquisition of BankAmerica in 1998. It is the second largest banking institution in the United States, after JPMorgan Chase. As a part of the Big Four, it services approximately 10.73% of all American bank deposits, in direct competition with Citigroup, Wells Fargo, and JPMorgan Chase. Its primary financial services revolve around commercial banking, wealth management, and investment banking. One branch of its history stretches back to Bank of Italy, founded by Amadeo Pietro Giannini in 1904, which provided Italian immigrants who faced service discrimination various banking options.[3] Originally headquartered in San Francisco, California, Giannini acquired Banca d’America e d’Italia (Bank of America and Italy) in 1922. The passage of landmark federal banking legislation facilitated rapid growth in the 1950s, quickly establishing a prominent market share. After suffering a significant loss after the 1998 Russian bond default, BankAmerica, as it was then known, was acquired by the Charlotte-based NationsBank for US$62 billion. Following what was then the largest bank acquisition in history, the Bank of America Corporation was founded. Through a series of mergers and acquisitions, it built upon its commercial banking business by establishing Merrill Lynch for wealth management and Bank of America Merrill Lynch for investment banking in 2008 and 2009, respectively. Since both divisions carry the “Merrill Lynch” signage, the former is often referred to as “Merrill Lynch Wealth Management” to differentiate itself from the latter.[4] Both Bank of America, Merrill Lynch, and Merrill Lynch Wealth Management retain large market shares in their respective offerings. The investment bank is considered within the “Bulge Bracket” as the third largest investment bank in the world, as of 2018.[5] Its wealth management side manages US$1.081 trillion in assets under management (AUM) as the second largest wealth manager in the world, after UBS.[6] In commercial banking, Bank of America operatesbut does not necessarily maintain retail branchesin all 50 states of the United States, the District of Columbia and more than 40 other countries.[7] Its commercial banking footprint encapsulates 46 million consumer and small business relationships at 4,600 banking centers and 15,900 automated teller machines (ATMs). The bank’s large market share, business activities, and economic impact has led to numerous lawsuits and investigations regarding both mortgages and financial disclosures dating back to the 2008 financial crisis. Its corporate practices of servicing the middle class and wider banking community has yielded a substantial market share since the early 20th century. As of August 2018, Bank of America has a $313.5 billion market capitalization, making it the 13th largest company in the world. As the sixth largest American public company, it garnered $102.98 billion in sales as of June 2018.[8] Bank of America was ranked #24 on the 2018 Fortune 500 rankings of the largest United States corporations by total revenue.[9] Bank of America was named the “World’s Best Bank” by the Euromoney Institutional Investor in their 2018 Awards for Excellence.
Bank of New York Mellon
The Bank of New York Mellon Corporation, doing business as BNY Mellon, is an American worldwide banking and financial services holding company headquartered in New York City. It was formed on July 1, 2007, as a result of the merger of The Bank of New York and Mellon Financial Corporation. It is the world’s largest custodian bank and asset servicing company,[2][3][4] with $1.7 trillion in assets under management and $33.1 trillion in assets under custody as of December 2018.[1] BNY Mellon is incorporated in New York.[5] Through its Bank of New York predecessor, it is one of the three oldest banking corporations in the United States, and among the oldest banks in the world, having been established in June 1784 by a group that included American Founding Father Alexander Hamilton, and Aaron Burr.[6] Mellon had been founded in 1869 by the Mellon family of Pittsburgh, which included Secretary of the Treasury Andrew W. Mellon.
Baxter International
Baxter International Inc. is an American health care company with headquarters in Deerfield, Illinois. The company primarily focuses on medical products for treating hemophilia, kidney disease, immune disorders and other chronic and acute medical conditions. The company had 2017 sales of $10.6 billion, across two businesses: BioScience and Medical Products. Baxter’s BioScience business produces recombinant and blood plasma proteins to treat hemophilia and other bleeding disorders; plasma-based therapies to treat immune deficiencies and other chronic and acute blood-related conditions; products for regenerative medicine, and vaccines. Baxter’s Medical Products business produces intravenous products and other products used in the delivery of fluids and drugs to patients; inhalational anaesthetics; contract manufacturing services; and products to treat end-stage renal disease, or irreversible kidney failure, including products for peritoneal dialysis and hemodialysis.
BB&T Corp.
BB&T Corporation (Branch Banking and Trust Company) is a bank holding company based in Winston-Salem, North Carolina.[2] Its bank operates 2,049 branches in 15 states and Washington, D.C., and offers consumer and commercial banking, securities brokerage, asset management, mortgage, and insurance products and services.[1] It was ranked 16th on the list of largest banks in the United States by assets. Its subsidiary, BB&T Insurance Services, was one of the largest insurance brokers in the world.[3] In its history BB&T has made 106 mergers and acquisitions. Since it took over Southern National Bank in 1995, BB&T has made 43 deals. It is merging with SunTrust Banks in 2019 to form a company expected to be called Truist Financial Corporation, with a new headquarters in Charlotte, North Carolina.[4][5] BB&T is incorporated in North Carolina.
Becton Dickinson
Becton, Dickinson and Company (BD) is an American medical technology company that manufactures and sells medical devices, instrument systems, and reagents. BD also provides consulting and analytics services in certain geographies. Founded in 1897 and headquartered in Franklin Lakes, New Jersey, BD employs nearly 76,000 people in more than 50 countries throughout the world.[2] In the fiscal year ending September 30, 2009, 60% of BD sales were generated from non-U.S. markets. The company’s customers include health care institutions, science researchers, clinical laboratories, the pharmaceutical industry, and the general public. BD was one of the first companies to sell U.S.-made glass syringes. It was also a pioneer in the production of hypodermic needles. Today, BD is divided into two segments: BD Medical and BD Life Sciences.[3] BD is ranked #251 in the 2018 Fortune 500 list.[4] The firm in October 2014 agreed to acquire CareFusion for a price of $12.2 billion in cash and stock.[5] In April 2017 Becton Dickinson agreed to acquire C. R. Bard for $24 billion.
Bed Bath & Beyond
Bed Bath & Beyond Inc. is an American chain of domestic merchandise retail stores. Bed Bath & Beyond operates many stores in the United States, Puerto Rico, Canada, and Mexico Bed Bath & Beyond was founded in 1971. It is currently part of the S&P 500 and Global 1200 Indices. It is also counted among the Fortune 500 and the Forbes Global 2000.
Berkshire Hathaway
Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. The company wholly owns GEICO, Duracell, Dairy Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Pampered Chef, and NetJets, and also owns 38.6% of Pilot Flying J;[3] 26.7% of the Kraft Heinz Company, and significant minority holdings in American Express (17.6%), Wells Fargo (9.9%), The Coca-Cola Company (9.4%), Bank of America (6.8%), and Apple (5.22%).[4] Since 2016, the company has acquired large holdings in the major US airline carriers, and is currently the largest shareholder in United Airlines and Delta Air Lines, and a top three shareholder in Southwest Airlines and American Airlines.[5] Berkshire Hathaway has averaged an annual growth in book value of 19.0% to its shareholders since 1965 (compared to 9.7% from the S&P 500 with dividends included for the same period), while employing large amounts of capital, and minimal debt.[6] The company is known for its control and leadership by Warren Buffett, who serves as chairman and chief executive, and Charlie Munger, the company’s vice-chairman. In the early part of his career at Berkshire, Buffett focused on long-term investments in publicly traded companies, but more recently he has more frequently bought whole companies. Berkshire now owns a diverse range of businesses including confectionery, retail, railroads, home furnishings, encyclopedias, manufacturers of vacuum cleaners, jewelry sales, newspaper publishing, manufacture and distribution of uniforms, and several regional electric and gas utilities. According to the Forbes Global 2000 list and formula, Berkshire Hathaway is the third largest public company in the world, the tenth largest conglomerate by revenue and the largest financial services company by revenue in the world.[7][8][9] As of February 2019, Berkshire is the fifth-largest company in the S&P 500 Index by market capitalization and is famous for having the most expensive share price in history with Class A shares costing around $300,000 each. This is because there has never been a stock split in its Class A shares[10] and Buffett stated in a 1984 letter to shareholders that he does not intend to split the stock.
Berry Global Group
Berry Global, Inc is a Fortune 500 global manufacturer and marketer of plastic packaging products.[3] Headquartered in Evansville, Indiana, it has over 290 facilities across the globe and more than 48,000 employees. With $13 billion in revenues in fiscal year 2018, the company is the 6th largest Indiana headquartered company in Fortune Magazines ranking.[4] In April 2017, the company changed its name from Berry Plastics to Berry Global, Inc.[5] [6] The company has three core divisions: (1) Health, Hygiene, and Specialties; (2) Consumer Packaging; and (3) Engineered Materials.[7] Berry claims to be the world’s leader in manufactured aerosol caps, and also provides one of the most extensive lines of container products. Berry has more than 2,500 clients, including firms as Sherwin-Williams, Borden, McDonald’s, Burger King, Gillette, Procter & Gamble, Coca-Cola, Wal-Mart, Kmart, and Hershey Foods.
Best Buy
Best Buy Co., Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. It was originally founded by Richard M. Schulze and James Wheeler in 1966[2] as an audio specialty store called Sound of Music. In 1983, it was re-branded under its current name with an emphasis placed on consumer electronics. Best Buy operates internationally in Canada and Mexico, and formerly operated in China until February 2011 (when the faction was merged with Five Star). The company also operated in Europe until 2012.[3] Its subsidiaries include Geek Squad, Magnolia Audio Video, and Pacific Sales. Best Buy also operates the Best Buy Mobile and Insignia brands in North America, plus Five Star in China.[3] Best Buy sells cellular phones from Verizon Wireless, AT&T Mobility, Sprint Corporation[4] in the United States. In Canada, carriers include Bell Mobility, Rogers Wireless, Telus Mobility, their fighter brands, and competing smaller carriers, such as SaskTel. Best Buy was named “Company of the Year” by Forbes magazine in 2004,[5] “Specialty Retailer of the Decade” by Discount Store News in 2001,[6] ranked in the Top 10 of “America’s Most Generous Corporations” by Forbes in 2005 (based on 2004 giving),[7] made Fortune magazine’s list of “Most Admired Companies” in 2006.[8] and “The Most Sustainable Company in the United States” by Barron’s in 2019.[9] Hubert Joly is executive chairman of Best Buy, having been succeeded as CEO by Corie Barry in June 2019.[10][11][12] According to Yahoo! Finance, Best Buy is the largest specialty retailer in the United States consumer electronics retail industry.[13] The company ranked No. 72 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.
Big Lots
Big Lots!, Inc. is an American retail company headquartered in Columbus, Ohio with over 1,400 stores in 47 states. The Big Lots chain traces its history back to 1967 when Consolidated Stores Corporation was formed in Ohio by Sol Shenk. In 1982, Consolidated Stores Corp. opened its first closeout store, called Odd Lots, in Columbus, Ohio. In 1983, drug store chain Revco bought New Jersey closeout retailer Odd Lot Trading Co. As Consolidated’s Odd Lots stores expanded from Columbus, Revco took issue with the fact that another closeout retailer was operating a chain with national aspirations that had a similar name as the Revco-owned subsidiary. Consolidated Stores Corp. agreed to limit their use of the Odd Lots name to stores located within a certain radius of Columbus. Beyond the radius, Consolidated began opening stores under the Big Lots name. Eventually, all Odd Lots stores were rebranded as Big Lots. In 1985, Consolidated Stores Corp. began trading as a separate public company on the American Stock Exchange. In 1986, Consolidated Stores Corp. switched to the New York Stock Exchange, trading under the symbol CNS.
Biogen
Biogen Inc. (previously known as Biogen Idec) is an American multinational biotechnology company based in Cambridge, Massachusetts, specializing in the discovery, development, and delivery of therapies for the treatment of neurodegenerative, hematologic, and autoimmune diseases to patients worldwide.
BlackRock
BlackRock, Inc. is an American global investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is one of the world’s largest asset managers with $6.84 trillion in assets under management as of August 2019.[3] BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries.