11 companies headquartered in Colorado made Fortune 500 list

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Published Wednesday, June 17, 2020
by The Center Square

Eleven companies with headquarters located in Colorado earned a place on Fortune magazine's 2020 list ranking enterprises with the 500 highest fiscal-year revenues in the nation.

Arrow Electronics finished 110th on Fortune's extended ranking, making the company the state's highest revenue-generating company, according to the Fortune data that was released earlier this month. Fortune includes in its listing publicly traded U.S. companies as well as private companies that file revenue figures with public agencies.

Arrow Electronics had revenues of $28.9 billion in the 2019 fiscal year, according to the ranking. It employs 19,300 employees.

This month's list of high-earning companies was the 66th such annual ranking published by Fortune. All companies in the top 500 had revenues of at least $5.7 billion, which is a 1 percent increase over the previous year's threshold.

Overall, the Fortune 500 companies make up about 66 percent of the nation's total gross domestic product, with a combined $14.2 trillion in revenues, according to the analysis. And the top 500 companies' profits were up 8 percent over the previous year, Fortune reported. 

Top 100 American Companies, Based on Latest Revenue Data

Rank

Company

Headquarters Location

Revenues (in Millions of $)

Revenue % Change Over 2019

Profits (in Millions of $)

Profits % Change Over 2019

# of Employees

1

Walmart

Arkansas

$523,964

1.9%

$14,881

123.1%

2,200,000

2

Amazon.com

Washington

$280,522

20.5%

$11,588

15.0%

798,000

3

ExxonMobil

Texas

$264,938

-8.7%

$14,340

-31.2%

74,900

4

Apple

California

$260,174

-2.0%

$55,256

-7.2%

137,000

5

CVS Health

Rhode Island

$256,776

32.0%

$6,634

--%

290,000

6

Berkshire Hathaway

Nebraska

$254,616

2.7%

$81,417

1924.8%

391,500

7

UnitedHealth Group

Minnesota

$242,155

7.0%

$13,839

15.5%

325,000

8

McKesson

Texas

$214,319

2.9%

$34

-49.3%

70,000

9

AT&T

Texas

$181,193

6.1%

$13,903

-28.2%

247,800

10

AmerisourceBergen

Pennsylvania

$179,589

6.9%

$855

-48.4%

21,500

11

Alphabet

California

$161,857

18.3%

$34,343

11.7%

118,899

12

Ford Motor

Michigan

$155,900

-2.8%

$47

-98.7%

190,000

13

Cigna

Connecticut

$153,566

215.7%

$5,104

93.6%

73,700

14

Costco Wholesale

Washington

$152,703

7.9%

$3,659

16.8%

201,500

15

Chevron

California

$146,516

-11.9%

$2,924

-80.3%

48,200

16

Cardinal Health

Ohio

$145,534

6.4%

$1,363

432.4%

49,500

17

JPMorgan Chase

New York

$142,422

8.4%

$36,431

12.2%

256,981

18

General Motors

Michigan

$137,237

-6.7%

$6,732

-16.0%

164,000

19

Walgreens Boots Alliance

Illinois

$136,866

4.1%

$3,982

-20.7%

287,000

20

Verizon Communications

New York

$131,868

0.8%

$19,265

24.1%

135,000

21

Microsoft

Washington

$125,843

14.0%

$39,240

136.8%

144,000

22

Marathon Petroleum

Ohio

$124,813

28.5%

$2,637

-5.1%

60,910

23

Kroger

Ohio

$122,286

0.9%

$1,659

-46.7%

435,000

24

Fannie Mae

Washington, D.C.

$120,304

0.2%

$14,160

-11.3%

7,500

25

Bank of America

North Carolina

$113,589

2.7%

$27,430

-2.5%

208,131

26

Home Depot

Georgia

$110,225

1.9%

$11,242

1.1%

415,700

27

Phillips 66

Texas

$109,559

-4.1%

$3,076

-45.0%

14,500

28

Comcast

Pennsylvania

$108,942

15.3%

$13,057

11.3%

190,000

29

Anthem

Indiana

$104,213

13.1%

$4,807

28.2%

70,600

30

Wells Fargo

California

$103,915

2.8%

$19,549

-12.7%

259,800

31

Citigroup

New York

$103,449

6.5%

$19,401

7.5%

200,000

32

Valero Energy

Texas

$102,729

-7.8%

$2,422

-22.4%

10,222

33

General Electric

Massachusetts

$95,214

-20.8%

-$4,979

--%

205,000

34

Dell Technologies

Texas

$92,154

1.7%

$4,616

--%

165,000

35

Johnson & Johnson

New Jersey

$82,059

0.6%

$15,119

-1.2%

132,200

36

State Farm Insurance

Illinois

$79,395

-2.9%

$5,593

-36.4%

57,672

37

Target

Minnesota

$78,112

3.7%

$3,281

11.7%

368,000

38

IBM

New York

$77,147

-3.1%

$9,431

8.1%

383,800

39

Raytheon Technologies

Massachusetts

$77,046

15.9%

$5,537

5.1%

243,200

40

Boeing

Illinois

$76,559

-24.3%

-$636

-106.1%

161,100

41

Freddie Mac

Virginia

$75,125

2.1%

$7,214

-21.9%

6,892

42

Centene

Missouri

$74,639

24.2%

$1,321

46.8%

56,600

43

United Parcel Service

Georgia

$74,094

3.1%

$4,440

-7.3%

377,640

44

Lowe's 

North Carolina

$72,148

1.2%

$4,281

85.0%

260,000

45

Intel

California

$71,965

1.6%

$21,048

--%

110,800

46

Facebook

California

$70,697

26.6%

$18,485

-16.4%

44,942

47

FedEx

Tennessee

$69,693

6.5%

$540

-88.2%

389,500

48

MetLife

New York

$69,620

2.5%

$5,899

15.1%

49,000

49

Walt Disney

California

$69,570

17.1%

$11,054

-12.3%

223,000

50

Procter & Gamble

Ohio

$67,684

1.3%

$3,897

-60.0%

97,000

51

PepsiCo

New York

$67,161

3.9%

$7,314

-41.6%

267,000

52

Humana

Kentucky

$64,888

14.0%

$2,707

60.8%

46,000

53

Prudential Financial

New Jersey

$64,807

2.9%

$4,186

2.7%

51,511

54

Archer Daniels Midland

Illinois

$64,656

0.5%

$1,379

-23.8%

38,100

55

Albertsons

Idaho

$60,535

1.0%

$131

183.2%

267,000

56

Sysco

Texas

$60,114

2.4%

$1,674

17.0%

69,000

57

Lockheed Martin

Maryland

$59,812

11.3%

$6,230

23.5%

110,000

58

HP

California

$58,756

0.5%

$3,152

-40.8%

56,000

59

Energy Transfer

Texas

$54,213

-0.4%

$3,592

112.0%

12,812

60

Goldman Sachs Group

New York

$53,922

2.7%

$8,466

-19.1%

38,300

61

Morgan Stanley

New York

$53,823

7.2%

$9,042

3.4%

60,431

62

Caterpillar

Illinois

$53,800

-1.7%

$6,093

-0.9%

102,300

63

Cisco Systems

California

$51,904

5.2%

$11,621

10464.5%

75,900

64

Pfizer

New York

$51,750

-3.5%

$16,273

45.9%

88,300

65

HCA Healthcare

Tennessee

$51,336

10.0%

$3,505

-7.4%

245,000

66

AIG

New York

$49,746

5.0%

$3,348

--%

46,000

67

American Express

New York

$47,020

8.6%

$6,759

-2.3%

64,500

68

Delta Air Lines

Georgia

$47,007

5.8%

$4,767

21.1%

91,224

69

Merck

New Jersey

$46,840

10.7%

$9,843

58.2%

71,000

70

American Airlines Group

Texas

$45,768

2.8%

$1,686

19.4%

133,700

71

Charter Communications

Connecticut

$45,764

4.9%

$1,668

35.6%

95,100

72

Allstate

Illinois

$44,675

12.2%

$4,847

155.2%

46,035

73

New York Life Insurance

New York

$44,117

1.6%

$1,004

14.1%

11,519

74

Nationwide

Ohio

$43,982

1.6%

$830

61.9%

28,114

75

Best Buy

Minnesota

$43,638

1.8%

$1,541

5.3%

125,000

76

United Airlines Holdings

Illinois

$43,259

4.7%

$3,009

41.3%

96,000

77

Liberty Mutual Insurance Group

Massachusetts

$43,228

1.3%

$1,044

-51.7%

45,000

78

Dow

Michigan

$42,951

--%

-$1,359

--%

36,500

79

Tyson Foods

Arkansas

$42,405

5.9%

$2,022

-33.1%

141,000

80

TJX

Massachusetts

$41,717

7.0%

$3,272

6.9%

286,000

81

TIAA

New York

$40,454

-1.5%

$2,460

57.6%

16,533

82

Oracle

California

$39,506

-0.8%

$11,083

189.8%

136,000

83

General Dynamics

Virginia

$39,350

8.7%

$3,484

4.2%

102,900

84

Deere

Illinois

$39,258

5.1%

$3,253

37.4%

73,489

85

Nike

Oregon

$39,117

7.5%

$4,029

108.4%

76,700

86

Progressive

Ohio

$39,022

22.0%

$3,970

51.8%

41,571

87

Publix Super Markets

Florida

$38,463

5.7%

$3,005

26.2%

207,000

88

Coca-Cola

Georgia

$37,266

17.0%

$8,920

38.6%

86,200

89

Massachusetts Mutual Life Insurance

Massachusetts

$37,253

-5.1%

$3,701

830.1%

9,896

90

Tech Data

Florida

$36,998

-0.6%

$375

10.0%

15,000

91

World Fuel Services

Florida

$36,819

-7.4%

$179

40.1%

5,500

92

Honeywell International

North Carolina

$36,709

-12.2%

$6,143

-9.2%

113,000

93

ConocoPhillips

Texas

$36,670

-5.3%

$7,189

14.9%

10,400

94

USAA

Texas

$35,617

13.5%

$4,006

74.8%

35,076

95

Exelon

Illinois

$34,438

-4.3%

$2,936

46.1%

32,713

96

Northrop Grumman

Virginia

$33,841

12.4%

$2,248

-30.4%

90,000

97

Capital One Financial

Virginia

$33,766

4.3%

$5,546

-7.8%

51,900

98

Plains GP Holdings

Texas

$33,669

-1.1%

$331

-0.9%

5,000

99

AbbVie

Illinois

$33,266

1.6%

$7,882

38.6%

30,000

100

INTL FCStone

New York

$32,897

19.1%

$85

53.3%

2,012

Source: Fortune.com.

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