Missouri is home to ten top businesses
Fortune Magazine recently released the 2013 Fortune 500 list. The top five U.S. companies, according to 2012 revenues, were Wal-Mart Stores ($469.2 billion), Exxon Mobil ($449.9 billion), Chevron ($233.9 billion), Phillips 66 ($169.9 billion), and Berkshire Hathaway ($162.5 billion). Wal-Mart regained the number one position from Exxon Mobil with a 5% increase in revenues from 2011 to 2012.
Ten Missouri-based companies were included in this year's Fortune 500 list. Express Scripts (24th) was the state's highest-ranking company for the 2013 list with revenues of over $94 billion. This year's ranking was substantially higher from 2012, when it was ranked 60. Other companies that had higher rankings from the previous year were Monsanto, Reinsurance Group of America, Centene, Peabody Energy, O'Reilly Automotive, and Edward Jones. Edward Jones is making its first appearance on the Fortune 500 list, ranked 491. Most of the Missouri companies are headquartered in the St. Louis area, with the exception of O'Reilly Automotive in Springfield.
The ten companies employ nearly 25,000 people in Missouri and pay wages totaling over $2.4 billion (Source: MERIC, QCEW Program).
| Missouri Fortune 500 Companies | ||||||
Company |
Rank | Previous Rank | Revenues ($mil) | Profits ($mil) | Headquarters | Primary Business |
| Express Scripts | 24 | 60 | $94,416.7 | $1,312.9 | St. Louis |
Health Care - Pharmacy & Other Services |
| Emerson Electric | 123 | 120 | $24,507.0 | $1,968.0 | St. Louis |
Electronics - Electrical Equipment |
| Monsanto | 206 | 224 | $13,504.0 | $2,045.0 | St. Louis |
Chemicals |
| Reinsurance Group of America | 275 | 289 | $9,840.9 | $631.9 | Chesterfield |
Insurance - Life, Health (stock) |
| Centene | 303 | 453 | $8,703.6 | $1.9 | St. Louis |
Health Care - Insurance and Managed Care |
| Peabody Energy | 315 | 316 | $8,306.6 | $2.6 | St. Louis |
Mining; Crude Oil Production |
| Ameren | 373 | 340 | $6,828.0 | ($287.7) | St. Louis |
Utilities - Gas and Electric |
| O'Reilly Automotive | 412 | 424 | $6,182.2 | $585.7 | Springfield |
Speciality Retaliers - Other |
| Graybar Electric | 465 | 451 | $5,413.3 | $86.3 | St. Louis |
Wholesalers - Diversified |
| Edward Jones | 491 | 516 | $5,027.4 | $555.0 | Des Peres |
Securities |
| Total | $182,729.7 | $6,901.6 | ||||
Missouri ranked 16th among the states with ten Fortune 500 company headquarters. Of the surrounding states, Illinois only had more Fortune 500 company headquarters with 32. California had the most Fortune 500 company headquarters in the United States with 54, followed by New York (52), Texas (52), and Illinois (32). 12 states did not have any Fortune 500 company headquarters. The map below illustrates the number of Forture 500 companies located in each state.
