The 2023 Fortune 500 list is out

The 2023 Fortune 500 list is out

June 14, 2023

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What is the Fortune 1000 and how do companies make it on the list?

The 2023 Fortune 1000 list is a ranking of the 1,000 largest U.S. companies by revenue. The list is published annually by Fortune magazine. The 2023 list includes 25 new companies, including Airbnb, ServiceNow, and Lululemon Athletica. The list also includes 13 companies that dropped off the list, including General Electric, IBM, and Pfizer.

Does the Fortune 1000 include the Fortune 500?
The Fortune 1000 includes the Fortune 500. The Fortune 500 is an annual ranking of the top 500 companies in the United States based on their total revenue. The Fortune 1000, on the other hand, is an extended list that includes the top 1000 companies in the United States based on revenue. Therefore, the Fortune 500 is a subset of the Fortune 1000.

When was the first Fortune 500 list published?
The Fortune 500 list was first published in 1955 by Fortune magazine. The list ranks the 500 largest U.S. companies by revenue. The list is published annually and is based on data from the Securities and Exchange Commission (SEC).

The Fortune 1000 list is a valuable resource for investors, business leaders, and anyone interested in the U.S. economy. The list provides a snapshot of the largest and most influential companies in the country. It can be used to track trends in the economy, identify potential investment opportunities, and learn about the strategies of successful companies.

The Fortune 1000 list has been running for over 60 years and has become an iconic ranking of the largest companies in the United States. The list is a valuable resource for anyone interested in the U.S. economy and the companies that drive it.

What are some of the more notable companies that have been on the Fortune 1000 list over the years?

  • General Motors: General Motors was the largest company on the Fortune 1000 list for 30 consecutive years, from 1955 to 1984.
  • Walmart: Walmart has been the largest company on the Fortune 1000 list for the past 15 years.
  • Exxon Mobil: Exxon Mobil was the largest company on the Fortune 1000 list for 10 years, from 1985 to 1994.
  • Apple: Apple has been the second largest company on the Fortune 1000 list for the past 10 years.
  • Microsoft: Microsoft has been the third largest company on the Fortune 1000 list for the past 10 years.

The Fortune 1000 list is a dynamic and ever-changing ranking. The companies that make up the list are constantly changing, as are the factors that determine their ranking. The list is a testament to the strength and dynamism of the U.S. economy.

How many women are on the 2023 Fortune 1000 list?
As of June 14, 2023, the Fortune 1000 list boasts 52 women at the helm as CEOs. This marks a notable rise of 18 from the previous year and accounts for 10.4% of all Fortune 1000 CEOs. CVS Health emerges as the top-ranking company led by a female CEO, securing an impressive #6 position on the list. Noteworthy female CEOs also grace the rankings, such as Karen Lynch of UnitedHealth Group at #5, Priscilla Almodovar of Fannie Mae at #7, and Carrie Wheeler of Opendoor Technologies at #9.

What is the total revenue of the top Fortune 500 companies?
The total annual revenue of the top 10 companies combined was $3.6 Trillion (USD). Walmart, Amazon, Apple, CVS Health, UnitedHealth Group, Berkshire Hathaway, Exxon Mobil, Alphabet/Google, McKesson, and Chevron make up the top 10 companies.

The top 10 companies on the Fortune 500 list accounted for 22% of the total revenue, with Walmart leading the way with $572.8 billion in revenue. Amazon was the second largest company with $386.1 billion in revenue, and Apple was the third largest company with $294.5 billion in revenue.

What Fortune 1000 industry sectors performed the best?
The sectors with the highest revenue growth in 2023 were healthcare, technology, and financial services. Healthcare companies saw their revenue grow by 10%, technology companies saw their revenue grow by 9%, and financial services companies saw their revenue grow by 8%.

The sectors with the lowest revenue growth in 2023 were energy, industrials, and materials. Energy companies saw their revenue decline by 1%, industrials companies saw their revenue decline by 2%, and materials companies saw their revenue decline by 3%.

What is the total revenue for all Fortune 1000 companies?
The total annual revenue of ALL Fortune 1000 companies in 2023 was $20.2 trillion. This represents a 5% increase from the total revenue in 2022.

Walmart is the largest company on the list, with revenue of $572.8 billion. Amazon is the second largest company, with revenue of $386.1 billion. Apple is the third largest company, with revenue of $294.5 billion.

Overall, the total annual revenue of all Fortune 1000 companies in 2023 was strong, with growth in most sectors. The top 10 companies continued to dominate the list, and the healthcare, technology, and financial services sectors were the standouts.

The 2023 Fortune 1000 list reflects the changing landscape of the American economy. The list is dominated by technology companies, with 50 of the top 100 companies being technology companies. The list also includes a number of healthcare companies, financial services companies, and retail companies.

How many people do the Fortune 1000 companies employ?
In all, the Fortune 1000 companies employ more than 36.4 people across the globe. Walmart, Amazon, Home Depot, FedEx, Target, Kroger UPS, Starbucks, UnitedHealth Group, and Berkshire Hathaway employ more than 7 million people.

If you're interested in acquiring the 2023 Fortune 500 list and the Fortune 1000 list in an Excel spreadsheet, please download it here.