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

Wal-Mart was the largest company on the list in 2007 and 2008. ExxonMobil was in second place[2] in 2007 and 2008, but overtook Wal-Mart in 2009.[3]

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. Often the membership on the smaller lists is quite stable, however, the ranking on the lists may change over time, depending upon revenues and often, because of mergers among firms already listed.

See also

References

  1. ^ Fortune 500, USPages.com.
  2. ^ "Wal-Mart beats Exxon Mobil to remain atop Fortune 500 list". Los Angeles Times. April 22, 2008. http://articles.latimes.com/2008/apr/22/business/fi-fortune22. Retrieved 2009-03-22.
  3. ^ "ExxonMobil Overtakes Wal-Mart, Tops Fortune 500". ABC News. April 20, 2009. http://abcnews.go.com/Business/IndustryInfo/wireStory?id=7376949. Retrieved 2009-04-20.

External links

Categories: Lists of companies | Fortune (magazine) | Top lists | Annual magazine issues

 

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