3 weeks ago
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(NewsNation) — Walmart topped the Fortune 500 database for the 13th consecutive year, but second-place Amazon is closing the gap, according to the magazine's latest yearly rankings.
Walmart secured the No. 1 spot connected Fortune's 2025 rankings with gross of $681 billion, followed by Amazon astatine $638 cardinal — the narrowest spread ever betwixt the 2 retail giants, Fortune said.
UnitedHealth Group, Apple and CVS Health besides ranked among Fortune's apical 5 U.S. corporations by gross for the 2024 fiscal year.
"The Fortune 500 is simply a literal roadmap to the emergence and autumn of markets, a reliable playbook of the world's astir important regions, services, and products, and an indispensable roster of those companies' dynamic leaders," Anastasia Nyrkovskaya, Fortune CEO, said successful a release.
Retailers, utilities, and security companies led each industries with the astir companies connected the list, but the wellness attraction assemblage besides stood out.
Eight wellness attraction companies made the apical 25 this year, up from nary 30 years ago, Fortune said.
Together, Fortune 500 companies correspond two-thirds of the U.S. GDP, generating $19.9 trillion successful revenues, according to the magazine. They posted a grounds $1.87 trillion successful profits past year.
For the 2nd twelvemonth successful a row, California is location to the astir Fortune 500 companies, with a full of 58, followed by Texas (54) and New York (53).
The stock of pistillate CEOs besides deed a caller milestone this year, with 55 women starring Fortune 500 companies — the highest proportionality successful the list's past astatine 11%.
The apical 10 U.S. companies, ranked by FY 2024 revenue, according to Fortune:
- Walmart ($681 billion)
- Amazon ($638 billion)
- UnitedHealth Group ($400 billion)
- Apple ($391 billion)
- CVS Health ($373 billion)
- Berkshire Hathaway ($371 billion)
- Alphabet ($350 billion)
- Exxon Mobil ($350 billion)
- McKesson ($309 billion)
- Cencora ($294 billion)
