In the present day, FORTUNE introduced the 68th FORTUNE 500, its annual record of the most important companies in the USA, ranked by income for the 2021 fiscal yr. The income threshold for 2022 FORTUNE 500 record was $6.4 billion, up 19% from final yr. In whole, FORTUNE 500 corporations characterize two-thirds of the U.S. GDP with $16.1 trillion in revenues (up 17%), $1.84 trillion in income (up 114%), $37 trillion in market worth (up 13%), and make use of 29.7 million individuals worldwide. 44 corporations on the 2022 FORTUNE 500 are led by ladies CEOs—an all-time excessive.

The highest 5 corporations held their positions on the record, with Walmart (NYSE:) taking the highest spot for the tenth yr in a row, producing $5.1 trillion cumulative income over that point. At No. 2, Amazon.com (NASDAQ:) noticed a 22% soar in income, eclipsing the $450 billion mark. Within the No. 3 spot, Apple (NASDAQ:) is probably the most worthwhile firm on the record for the seventh time in eight years, incomes $95 billion in income. At No. 4, CVS Well being (NYSE:) and CEO Karen Lynch proceed to make FORTUNE 500 historical past, with CVS because the highest-ranked firm ever to be led by a feminine CEO.

THE TOP TEN COMPANIES ON THE 2022 FORTUNE 500 LIST ARE:

1. Walmart   2. Amazon.com   3. Apple  4. CVS Well being 5. UnitedHealth (NYSE:) Group  6. Exxon Mobil (NYSE:) 7. Berkshire Hathaway   8. Alphabet  9. McKesson   10. AmerisourceBergen (NYSE:)

The businesses on this yr’s record are primarily based in 232 different cities unfold throughout 37 states. For the primary time since 2010, Texas is residence to probably the most corporations on the FORTUNE 500, with 53. After seven years on the high, New York fell to No. 2 with 51 corporations, adopted by California at No. 3 with 50. New York Metropolis, with 43 corporations, is the highest municipality adopted by Houston with 21, Atlanta with 15, Chicago with 14, and Dallas with 11.

In her foreword to the June/July 2022 concern of FORTUNE, Editor-in-Chief Alyson Shontell writes, “A number of pandemic winners make their debuts this yr. Vaccine maker Moderna (NASDAQ:) clocked in at No. 195. Zillow, which benefited from the red-hot housing market, is available in at No. 424. And Coinbase (NASDAQ:) (No. 437) turned the primary crypto firm to hitch the five hundred. […] The actual winners would be the corporations that not solely thrived below the freakish circumstances of COVID, however can flourish as soon as the world opens again up.”

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