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The July 24, 2006 issue of Fortune, featuring its Fortune 500 list

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 incur.[1] The list includes publicly and privately held companies for which revenues are publicly available. The first Fortune 500 list was published in 1955.

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). Fortune magazine changed its methodology in 1994 to include service companies. With the change came 291 new entrants to the famous list including three in the Top 10.[2]

The concept of the Fortune 500 was created by Edgar P. Smith, a Fortune editor.[3]

See also[edit]

References[edit]

  1. ^ Fortune 500, USPages.com.
  2. ^ Groves, Martha (1995-04-26). "Service Now Counts With Fortune 500". Los Angeles TImes. Retrieved 2014-04-26. 
  3. ^ "Edgar Smith, 69, Dies; Retired Time Executive". New York Times. 

External links[edit]


Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/Fortune_500 — Please support Wikipedia.
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NorthJersey.com

ABC News
Wed, 23 Jul 2014 07:03:45 -0700

Fortune 500 packaging company Sealed Air Corp. will consolidate management operations from several states and relocate its New Jersey headquarters to the Charlotte area, where it plans to employ nearly 1,300 jobs in three years. The Elmwood Park, New ...
 
Greensboro News & Record
Wed, 23 Jul 2014 09:07:30 -0700

CHARLOTTE — Fortune 500 packaging company Sealed Air Corp. will consolidate management operations from several states and relocate its New Jersey headquarters to the Charlotte area, where it plans to employ nearly 1,300 jobs in three years.

VentureBeat

ADOTAS
Thu, 24 Jul 2014 06:52:30 -0700

(ADOTAS) NEW YORK – July 24, 2014 – App install campaigns dominate the mobile marketplace, and developers are looking for alternatives. HyprMX has built an easy way for developers to run ads from Fortune 500 brands. To build on its success since ...
 
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Mon, 21 Jul 2014 19:48:45 -0700

It cracked the top 10 in the Fortune 500 last year, reaching No. 6 with revenue over $161 billion in 2013. “Phillips 66 wants to support the development of a diverse, agile and highly-capable workforce in the city where our company is headquartered ...
 
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Thu, 24 Jul 2014 19:26:15 -0700

Beijing is home to the headquarters of 52 Fortune 500 companies in 2014, the largest number of any city in the world for the second consecutive year, according to the latest Fortune Global 500 list. That is four more headquarters than last year. The ...
 
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Wed, 23 Jul 2014 07:02:12 -0700

North Carolina has convinced Fortune 500 packaging company Sealed Air Corp. to move nearly 1,300 jobs to the Charlotte area by relocating its New Jersey headquarters and consolidating management operations from several other states. Related.

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Zhejiang Geely Holding Group (herein after referred to as Geely) is pleased to announce that the company has been ranked on the Fortune 500 list for the third consecutive year. In 2014 Geely moved forward 11 places on the list, moving from 477 to 466th ...
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