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June 7, 2021

FORTUNE announces 2021 FORTUNE 500 List, Launches First-Ever "Most Progressive Companies On Racial Inclusion" List.


Walmart takes No. 1 spot for a ninth straight year, followed by Amazon.com and Apple.


FORTUNE 500

Photo: The cover of the June/July 2021 issue of FORTUNE.


NEW YORK, June 7, 2021 — FORTUNE has announced the 67th FORTUNE 500, its annual list of the largest corporations in the United States, ranked by revenue for the 2020 fiscal year. The revenue threshold for the 2021 FORTUNE 500 list was $5.4 billion, down 5% from last year. In total,  FORTUNE 500 companies represent two-thirds of the U.S. GDP with $13.8 trillion in revenues (down 3%), $859 billion in profits (down 30%), $32.7 trillion in market value (up 60%), and employ 29.1 million people worldwide. Women CEOs lead forty-one companies on the 2021 FORTUNE 500 — an all-time high.

Walmart took the top spot on the 2021 list for the ninth year in a row,  generating $4.5 trillion cumulative revenue over that time. Amazon.com also held onto their No.2 spot with a 38% jump in revenue. At No. 3 position, Apple is the most profitable company on the 2021 FORTUNE 500 and the only company on the list valued at over $2 trillion. At No. 4, CVS Health and CEO Karen Lynch make in FORTUNE 500 history the highest-ranked company ever led by a female CEO.

THE TOP TEN COMPANIES ON THE 2021 FORTUNE 500 LIST ARE:

As part of FORTUNE’s Measure Up partnership with Refinitiv, a global provider of financial markets data and infrastructure, the FORTUNE 500 list now includes Diversity & Inclusion information online. Users will sort the companies by a ranking based on their self-reported D&I data, provided by Refinitiv. FORTUNE has used this data to identify the top 20 Most Progressive Companies on Racial Inclusion. Microsoft (No. 15) takes top honors, followed by Centene (No. 24), Target (No. 30), Gap (No. 221), and Biogen (No. 228).

“A year ago, companies made a promise to end racial injustice in the workplace and broader society. To keep that promise, companies will need courage in sharing with the world a picture of what they look like today. From this starting point, we can make real progress, as they say ‘what gets measured gets managed,’” comments David Craig, Group Head of Data & Analytics Division at LSEG and CEO, Refinitiv. “U.S. companies lead the world when it comes to collecting data on their employees’ race and ethnicity. Through this partnership and Refinitiv’s own ESG data and analytics, we have developed a standard taxonomy to help simplify disclosure and give investors, customers, and employees the information they now seek to measure progress.”

FORTUNE and Qlik, the official analytics partner of the FORTUNE 500, also published the “The Pandemic Effect on the Fortune 500” interactive site. This visual experience, developed by Qlik, details the revenue and performance of the sectors and industries that shape the 2021 FORTUNE 500. It takes users on a journey through the crises that have shaped the Fortune 500 over the years.

FORTUNE is an American international business magazine headquartered in New York City. It says it drives the conversation about business. “With a global perspective, the guiding wisdom of history, and an unflinching eye to the future, we report and reveal the stories that matter today — and that will matter even more tomorrow,” the magazine stated.

Source: FORTUNE Media

|GlobalGiants.Com|


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Edited & Posted by the Editor | 11:17 AM | Link to this Post






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