Fortune's 500 Companies

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/      

The map below illustrates the number of Fortune 500 companies located in each state. At the national level, New York currently has the most at 58 company headquarters. California is home to 49 Fortune 500 company headquarters and Texas is home to 48. Taking a closer look at Missouri’s neighboring states, Illinois tops out at 37 Fortune 500 headquarters, followed by Tennessee with 12.

Fortune 500 map


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