Important facts about 'Fortune 500'

How much revenue, valuation, employee, profit etc

Let’s data dive

The Fortune 500 is like the VIP list of the business world, where the United States' largest and most powerful companies strut their stuff based on annual revenue. If companies were celebrities, the Fortune 500 would be the Hollywood Walk of Fame!

1. Employee:

   • The average number of employees across these Fortune 500 companies is around 60,815.

   • The company with the fewest employees has 381, while the company with the most employees boasts a whopping 2,100,000.

2. Revenue Mn:

   • The average revenue is approximately $36.29 billion.

   • The company with the lowest revenue earns $7.24 billion, while the top earner brings in $611.29 billion.

3. Valuation Mn:

   • The average valuation is approximately $69.70 billion.

   • The minimum valuation is surprisingly low at $54 million. The maximum valuation reaches $2.61 trillion.

4. Profit Mn:

   • The average profit is about $3.12 billion.

   • There's a significant spread in profit, with the least profitable company reporting a loss of $22.82 billion and the most profitable company earning $99.80 billion.

5. Profit %:

   • The average profit percentage is 9.39%.

   • The company with the lowest profit percentage had a negative value of -115.1%, indicating a loss, while the most profitable company had a profit margin of 51%.

Top 10 companies based on revenue, valuation, and profit.

By Revenue:

1. Walmart: $611.29 billion

2. Amazon.com: $513.98 billion

3. Exxon Mobil: $413.68 billion

4. Apple: $394.33 billion

5. UnitedHealth Group: $324.16 billion

6. CVS Health: $322.47 billion

7. Berkshire Hathaway: $302.09 billion

8. Alphabet: $282.84 billion

9. McKesson: $263.97 billion

10. Chevron: $246.25 billion

By Valuation:

1. Apple: $2.61 trillion

2. Microsoft: $2.15 trillion

3. Alphabet: $1.33 trillion

4. Amazon.com: $1.06 trillion

5. Nvidia: $686.09 billion

6. Berkshire Hathaway: $675.66 billion

7. Tesla: $656.43 billion

8. Meta Platforms: $549.48 billion

9. Johnson & Johnson: $483.58 billion

10. Visa: $475.31 billion

By Profit:

1. Apple: $99.80 billion

2. Microsoft: $72.74 billion

3. Alphabet: $59.97 billion

4. Exxon Mobil: $55.74 billion

5. JPMorgan Chase: $37.68 billion

6. Chevron: $35.47 billion

7. Pfizer: $31.37 billion

8. Bank of America: $27.53 billion

9. Meta Platforms: $23.20 billion

10. Verizon Communications: $21.26 billion

Top 10 industries based on average revenue, along with their average valuation and profit:

1. Health Care: Insurance and Managed Care

   • Average Revenue: $150.03 billion

   • Average Valuation: $132.21 billion

   • Average Profit: $6.19 billion

2. General Merchandisers

   • Average Revenue: $146.52 billion

   • Average Valuation: $102.03 billion

   • Average Profit: $3.17 billion

3. Petroleum Refining

   • Average Revenue: $144.38 billion

   • Average Valuation: $103.73 billion

   • Average Profit: $14.97 billion

4. Wholesalers: Health Care

   • Average Revenue: $141.30 billion

   • Average Valuation: $22.48 billion

   • Average Profit: $488 million

5. Health Care: Pharmacy and Other Services

   • Average Revenue: $108.43 billion

   • Average Valuation: $48.88 billion

   • Average Profit: $2.83 billion

6. Computers, Office Equipment

   • Average Revenue: $102.46 billion

   • Average Valuation: $450.56 billion

   • Average Profit: $17.98 billion

7. Mail, Package and Freight Delivery

   • Average Revenue: $96.93 billion

   • Average Valuation: $111.81 billion

   • Average Profit: $7.69 billion

8. Food and Drug Stores

   • Average Revenue: $86.47 billion

   • Average Valuation: $19.13 billion

   • Average Profit: $2.12 billion

9. Internet Services and Retailing

   • Average Revenue: $81.76 billion

   • Average Valuation: $251.53 billion

   • Average Profit: $5.39 billion

10. Telecommunications

• Average Revenue: $68.12 billion

• Average Valuation: $75.72 billion

• Average Profit: $3.44 billion

Here are the top 10 states based on the number of Fortune 500 companies:

1. Texas: 55 companies

2. California: 53 companies

3. New York: 50 companies

4. Illinois: 33 companies

5. Virginia: 24 companies

6. Ohio: 24 companies

7. Pennsylvania: 23 companies

8. Florida: 23 companies

9. Georgia: 19 companies

10. Michigan: 18 companies

These states are major business hubs and have a high concentration of Fortune 500 companies.

Here's the correlation matrix for the numerical columns:

• Employee and Revenue: There's a strong positive correlation of 0.69, indicating that companies with more employees tend to have higher revenue.

• Revenue and Valuation: There's a positive correlation of 0.57, suggesting that companies with higher revenue often have a higher valuation.

• Revenue and Profit: A positive correlation of 0.51 indicates that companies with higher revenue tend to have higher profits.

• Valuation and Profit: There's a strong positive correlation of 0.79, meaning companies with higher valuations tend to have higher profits. This makes intuitive sense, as a company's valuation often reflects its profit-generating potential.

• Profit and Profit %: A positive correlation of 0.41 shows that companies with higher absolute profits tend to have higher profit percentages.

It's interesting to note that while there's a strong correlation between the number of employees and revenue, the correlation between the number of employees and profit is not as strong. This may suggest that while larger companies (in terms of employees) often bring in higher revenue, their profit margins aren't necessarily proportionally higher.

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