These twentysomethings may not have a ton of experience, but you'd never know it from their job descriptions. What Readers Say. They speak out on International Business Machines and other companies And to tell me government doesn't subsuide oil. But wait it's not j This company was bailed in already. Have your say. High revenue growth. High profit growth. High return to investors. Now, just one bank, JP Morgan, has barely edged into the top That said, just three companies have ever topped the list: General Motors dominated the 20th century, before Exxon Mobil and Walmart butted in:.
In terms of the companies that investors are most excited about, though, Apple and Amazon are worth far more in market capitalization than Walmart, Exxon, GM, and others that rank high on the Fortune lists. These heady valuations suggest that rankings based purely on financial measures like revenue and profit may not reflect what people value the most as the economy evolves. By providing your email, you agree to the Quartz Privacy Policy. Fortune first published its first Fortune in Since that year, the publisher has published an annual list of the top revenue-producing companies.
The Fortune is an "unofficial" list within the Fortune The Fortune in was led by General Motors, a company that held the top position for more than 30 years. The remaining nine rounded out as follows:. Fortune includes in its list all public and private companies that file financial statements with the government, and are incorporated and operate in the United States. At first, the magazine's editors were stricter on which business sectors were included.
From to , the Fortune list again, a subset of the Fortune list only included businesses in the manufacturing, mining, and energy sectors. This left out many of the top-earning companies across the country. However, Fortune did publish individual sector lists for the top 50 companies in the industries of banks, utilities, insurance, retailers, and transportation.
In , Fortune expanded its list of companies to include service companies, opening the door for many newcomers to join. This change added many new companies to the top companies on the Fortune list and also dramatically increased the amount of annual revenue required to make the prestigious list.
The Fortune does not include foreign companies, though many of the listed companies have significant international operations. It has been a frequent top 10 company since its inclusion. Based on rankings from Fortune magazine's Fortune list, the Fortune are the largest public and private companies in the United States based on revenues. The Fortune are a subset of the Fortune , derived from a list of companies that operate in the United States and report to federal agencies. Prior to , the Fortune only included companies that operated in the mining, manufacturing, and energy sectors.
It has since included companies that operate in the services sector. In , Fortune magazine established the Fortune list. This was a position that it continued to hold for the next three decades.
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