Missouri is Home to 11 Fortune 500 Businesses
Fortune Magazine recently released its 2018 Fortune 500 rankings. Eleven Missouri-based companies were included in this year’s Fortune 500 list. Express Scripts came in at Rank 25 and is the highest ranked Missouri company among Fortune 500 companies with revenues of $100.0 billion. Missouri companies that experienced rank increases from the previous year include: Centene, Monsanto, Reinsurance Group of America, Edward Jones, Olin, and Peabody Energy. Peabody Energy had the largest increase climbing 42 spots from 533 to 491 in the rankings.
| 2017 - Missouri Fortune 500 Companies | |||||||
| Company | Rank | Previous Rank | Revenue ($ MIL) | Revenue Change | Profits ($ MIL) | Headquarters | Primary Business |
| Express Scripts Holding | 25 | 22 | $100,064 | -0.2% | $4,517 | St. Louis | Health Care: Pharmacy& Other Services |
| Centene | 61 | 66 | $48,572 | 19.3% | $828 | St. Louis | Health Care: Insurance & Managed Care |
| Emerson Electric | 178 | 139 | $16,301 | -19.6% | $1,518 | St. Louis | Eletrical, Industrial Machinery |
| Monsanto | 199 | 204 | $14,640 | 8.4% | $2,260 | St. Louis | Chemicals |
| Reinsurance Group of America | 234 | 246 | $12,515 | 8.6% | $1,822 | Chesterfield | Insurance - Life, Health |
| O'Reilly Automotive | 329 | 323 | $8,977 | 4.5% | $1,133 | Springfield | Retail - Automotive |
| Jones Financial (Edward Jones) | 376 | 403 | $7,597 | 14.6% | $872 | Des Peres | Finance - Securities |
| Graybar Electric | 426 | 420 | $6,631 | 3.9% | $71 | St. Louis | Wholesale |
| Olin | 448 | 467 | $6,268 | 12.9% | $549 | Clayton | Chemicals |
| Ameren | 453 | 431 | $6,177 | 1.7% | $523 | St. Louis | Gas and Electric |
| Peabody Energy | 491 | 533 | $5,578 | 18.3% | N/A | St. Louis | Energy, Oil Production |
| Total | $233,321 | $14,094 | |||||
| Source: Fortune Magazine, Fortune 500 online, June 2018. http://fortune.com/fortune500/ | |||||||
Most of Missouri’s Fortune 500 companies are based in the St. Louis area. O’Reilly Automotive is headquartered in Springfield. Combined revenues for these eleven companies are up by nearly $13.7 billion over last year. Profits for 2017 increased a little over $3.9 billion. Missouri’s eleven Fortune 500 companies employed over 297,300 people, of which 27,000 are Missouri residents and were paid roughly $4 billion in wages according to the 2017 analysis of Quarterly Census of Employment and Wages program data.
The top five U.S. companies are Wal-Mart Stores ($500.3 billion), Exxon Mobil ($244.3 billion), Berkshire Hathaway ($242.1 billion), Apple ($229.2 billion), and UnitedHealth Group ($201.1 billion). Exxon Mobile, Berkshire Hathaway, and Apple each switched places from the previous year: Exxon Mobile climbed two ranks, Berkshire Hathaway dropped one rank, and Apple dropped one rank. Among the Top Ten, Amazon.com climbed four ranks (from 12 to 8) gaining $41.8 billion over the past year.
| 2017 - TOP 10 Fortune 500 Companies in the U.S. | |||||||
| Company | Rank | Previous Rank | Revenue ($MIL) | Revenue Change | Profits ($MIL) | Headquarters | Primary Business |
| Walmart | 1 | 1 | $500,343 | 3.0% | $9,862 | Bentonville, AK | General Merchandisers |
| Exxon Mobil | 2 | 4 | $244,363 | 17.4% | $19,710 | Irving, TX | Petroleum Refining |
| Berkshire Hathaway | 3 | 2 | $242,137 | 8.3% | $44,940 | Omaha, NE | Insurance: Property and Casualty |
| Apple | 4 | 3 | $229,234 | 6.3% | $48,351 | Cupertino, CA | Computers, Office Equipment |
| UnitedHealth Group | 5 | 6 | $201,159 | 8.8% | $10,558 | Minnetonka, MN | Health Care: Insurance and Managed Care |
| McKesson | 6 | 5 | $198,533 | 3.1% | $5,070 | San Francisco | Health Care: Wholesalers |
| CVS Health | 7 | 7 | $184,765 | 4.1% | $6,622 | Woonsocket, RI | Health Care: Pharmacy and Other Services |
| Amazon.com | 8 | 12 | $177,866 | 30.8% | $3,033 | Seattle, WA | Internet Services and Retailing |
| AT&T | 9 | 9 | $160,546 | -2.0% | $29,450 | Dallas, TX | Telecommunications |
| General Motors | 10 | 8 | $157,311 | -5.5% | -$3,864 | Detroit, MI | Motor Vehicles and Parts |
| Source: Fortune Magazine, Fortune 500 online, June 2018. http://fortune.com/fortune500/ | |||||||
