Fortune 500 Companies and their websites
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The Fortune 500 is an annual list compiled and published
by Fortune magazine that ranks the top 500 U.S. closely held and public
corporations as ranked by their gross revenue after adjustments made by
Fortune to exclude the impact of excise taxes companies collect. The
list includes publicly and privately-held companies for which revenues
are publicly available. The first Fortune 500 list was published in
Wal-Mart was the largest company on the list in 2007 and 2008.
ExxonMobil was in second place in 2007 and 2008, but overtook
Wal-Mart in 2009. Wal-Mart once again regained the top spot in 2010.
One should note that the revenue and profit numbers are for the year
previous to the named year: therefore the 2010 list ranks companies by
Although the Fortune 500 list is the most familiar one, similar gross
revenue lists of the top firms range from the highest ranking Fortune
100 including the top one hundred to the broader ranking Fortune 1000
that includes the top thousand firms. While the membership on the
smaller lists are somewhat stable, the ranking on the lists may change
over time, depending upon revenues and often, because of mergers among
firms already listed.
The original Fortune 500 was restricted to companies whose revenues were
derived from manufacturing, mining, or energy exploration. At the same
time, Fortune published companion "Fortune 50" lists of the 50 largest
commercial banks (ranked by assets), utilities (ranked by assets), life
insurance companies (ranked by assets), retailers (ranked by gross
revenues) and transportation companies (ranked by revenues). These have
been consolidated into one single list, so the Fortune 500 as it exists
today includes companies that in previous years would have been on one
of the "Fortune 50" lists.