Fortune's 500 Companies

Missouri Is Home to 10 Fortune 500 Businesses

Fortune Magazine recently released its 2015 Fortune 500 list. The top five U.S. companies, according to 2014 revenues, were Wal-Mart Stores ($476.2 billion), Exxon Mobil ($407.7 billion), Chevron ($220.4 billion), Berkshire Hathaway ($182.2 billion), and Apple ($170.9 billion). The top five companies remained unchanged from 2014.

Ten Missouri-based companies were included in this year’s Fortune 500 list. Express Scripts (ranked 22nd) was the state’s highest-ranking company for the 2015 list with revenues of over $100 billion. The company slipped two spots from last year’s ranking but increased its profits by nearly $2 billion. Other companies that had higher rankings from the previous year were Emerson Electric, Centene, Reinsurance Group of America, O’Reilly Automotive, Graybar, and Edward Jones. Centene ranking increased the most moving up 65 spots from 251 to 186. Most of the Missouri companies were headquartered in the St. Louis area, with the exception of O’Reilly Automotive, which is headquartered in Springfield.

Combined, the ten companies employ over 28,000 people in Missouri and pay wages totaling over $3.1 billion (Source: MERIC, QCEW Program).

Missouri Fortune 500 Companies
Company Rank Previous Rank Revenues ($mil) Profits ($mil) Headquarters  Primary Business
Express Scripts 22 20 $100,887 $2,008 St. Louis Health Care - Pharmacy & Other Services
Emerson Electric 120 121 $24,537 $2,147 St. Louis Electronics - Electrical Equipment
Centene 186 251 $16,588 $271 St. Louis Insurance - Life, Health (stock)
Monsanto 197 197 $15,855 $2,740 St. Louis Chemicals
Reinsurance Group of America 273 274 $10,904 $684 Chesterfield Health Care - Insurance and Managed Care
O'Reilly Automotive 381 390 $7,216 $778 Springfield Speciality Retaliers - Other
Peabody Energy 398 365 $6,792 ($787) St. Louis Mining; Crude Oil Production
Edward Jones Financial 426 444 $6,333 $770 Des Peres Securities
Ameren 438 379 $6,054 $586 St. Louis Utilities - Gas and Electric
Graybar Electric 445 449 $5,679 $87 St. Louis Wholesalers - Diversified
Total     $200,845.0 $9,284.0    
Source: Fortune Magazine, June 2015.          

Missouri ranked 17th in the United States with ten Fortune 500 company headquarters located in the state. Of the surrounding states, only Illinois had more Fortune 500 company headquarters with 32. New York had the most Fortune 500 company headquarters with 55 followed by Texas (54) and California (53). Twelve states did not have any Fortune 500 company headquarters. The map at the end of the brief illustrates the number of Fortune 500 companies located in each state.

Fortune 500 US Map

 

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