List of 2020 Fortune 500 Companies Released!

Find out which one is the most profitable fortune 500 company

Image Source: Fortune

Fortune Magazine recently released its list of America’s largest 500 companies for 2020 recently, famously called the Fortune 500 companies.

This is the 66th edition of the list and the companies on the list this year represent 66 per cent of America’s economy, amounting to a massive $14.2 trillion in terms of revenue.

While there were some minor changes in rankings, the same 10 companies from 2019 were in the top 10 this year too.

In terms of ranking for this year, retail giant Walmart topped the list for the eighth consecutive year. E-commerce behemoth Amazon made a massive jump to the second place this year from fifth place last year, reaching its highest ranking ever.

Oil and gas company Exxon Mobile, technology company Apple, and healthcare company CVS Health on the third, fourth, and fifth position respectively rounded off the top 5 on the list.

Multinational conglomerate Berkshire Hathway headed by Warren Buffett was the Most Profitable Company on the list. It was followed by Apple, Microsoft, and JPMorgan Chase.

There were quite a few first timers on the list, which included Dow at number 78, Baker Hughes at 129, and Uber Technologies at number 228.

Here is a list of the top 25 companies on the list.

  1. Walmart
    Retail Company
  2. Amazon.com
    E-commerce company
  3. Exxon Mobile
    Corporation
  4. Apple
    Technology company
  5. CVS Health
    Healthcare company
  6. Berkshire Hathway
    Multinational conglomerate company
  7. UnitedHealth Group
    Managed care company
  8. McKesson
    Health care company
  9. AT&T
    Telecommunications company
  10. AmerisourceBergen
    Wholesale company
  11. Alphabet
    Multinational conglomerate company
  12. Ford Motor
    Automaker company
  13. Cigna
    Insurance company
  14. Costco Wholesale
    Retail company
  15. Chevron
    Oil industry company
  16. Cardinal Health
    Health care company
  17. JP Morgan Chase
    Investment banking company
  18. General Motors
    Vehicle manufacturer
  19. Walgreen Boots Alliance
    Retail pharmacy company
  20. Verizon Communications
    Telecommunications company
  21. Microsoft
    Technology company
  22. Marathon Petroleum
    Petroleum refining company
  23. Kroger
    Retail company
  24. Fannie Mae
    Mortgage loan company
  25. Bank of America
    Investment banking company

View the entire list here.

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