The latest edition of Fortune Global 500 & Fortune 500 lists are released on 21st of July 2017. The Fortune Global 500 list, has a distinctly Asian flavor to it. With 197 companies on the list based on its soil, Asia is now home to more of these global giants than any other continent, leaving North America (145) and Europe (143) slugging it out for Second & Third spot respectively. The Rest of the World has a mere 15 Companies on the list.

Hi Everyone Today We Will Talk About the Most Prestigious Business Rankings of the Companies the Fortune Global 500 List & Fortune 500 List

40% of the Fortune Global 500 Companies are Asian, China is leading the Asian Contingent with 109 Companies Followed by Japan (51) and South Korea (15) and finally India with its 7 Companies making it to the list.

Fortune Global 500 list – World’s Largest Companies

Fortune 500 list – American Companies Only

The World’s 500 largest Companies Generated $27.7 Trillion in Revenues and $1.5 Trillion in Profits in 2016. i.e., 37% of the Global GDP. Fortune Global 500 Companies employed 67 Million people worldwide and are represented by 34 Countries.

Continent Companies
Asia 197
North America 145
Europe 143
Rest of World 15
Country Companies
US 132
China 109
Japan 51
South Korea 15
India 7

United States has 132 Companies in the list this year Down by 2 from previous Year. China has 109 Companies in the list this year Gaining 6 Companies from Last Year.

33 New Companies are added to this List this Year most of them are Tech Companies.

The Indian Companies in the Fortune Global 500 list are:

Rank

Company

168

Indian Oil

203

Reliance Industries

217

State Bank of India

247

Tata Motors

295

Rajesh Exports

360

Bharat Petroleum

384

Hindustan Petroleum

While China’s Fortune Global 500 presence has over the years been dominated by state-owned firms and that remains true even today, there are several private corporations like Huawei, the telecom equipment giant, Alibaba, Tencent are also in the list.

Fortune Global 500

Fortunes Global 500 is Fortunes ranking of the World’s largest Companies ranked by revenue for their most recent fiscal year, to see the ultimate score card for big business around the world.

Methodology

Companies are ranked by total revenues for their respective fiscal years ended on or before March 31, 2017. All companies on the list must publish financial data and report part or all of their figures to a government agency. Figures are as reported, and comparisons are with the prior year’s figures as originally reported for that year. Fortune does not restate the prior year’s figures for changes in accounting.

How is this list different from the Fortune 500?

The Fortune Global 500 is the annual ranking of the largest 500 corporations worldwide as measured by total revenue, whereas the Fortune 500 is exclusively U.S. corporations.

Revenues

Fortune Global 500 Companies Generated $28 trillion in revenues

Revenue figures include consolidated subsidiaries and reported revenues from discontinued operationsbut exclude excise taxes. For banks, revenue is the sum of gross interest income and gross noninterest income. For insurance companies, revenue includes premium and annuity income, investment income, realized capital gains or losses, and other income, but excludes deposits.

Profits

Profits are shown after taxes, extraordinary credits or charges, cumulative effects of accounting changes, and non- controlling (minority) interests, but before preferred dividends. Profits for mutual insurance companies are based on statutory accounting. Revenue and profit figures for non-U.S. companies have been converted to U.S. dollars at the average exchange rate during each company’s fiscal year (ended Dec. 31, 2016, unless otherwise noted).

Full List

The No 1 Company at the Global 500 list 4th Year in a Row is Walmart it’s the only Company in the list with more than $400 Million in Revenues. The next 3 slots are occupied by Chinese firms, State Grid, Sinopec and China Petroleum, all in the energy sector. Toyota, Volkswagen, Royal Dutch Shell, Berkshire Hathway, Apple and Exxon Mobil complete the top 10.

US & China are Neck to Neck with 4 American and 3 Chinese Companies in the Top 10

Rank Company Country Revenues ($M)
1 Walmart U.S $485,873
2 State Grid China $315,199
3 Sinopec Group China $267,518
4 China National Petroleum China $262,573
5 Toyota Motor Japan $254,694
6 Volkswagen Germany $240,264
7 Royal Dutch Shell Netherlands $240,033
8 Berkshire Hathaway U.S $223,604
9 Apple U.S $215,639
10 Exxon Mobil U.S $205,004

You can check out the Complete List Here

Biggest Jump

U.S Based Centene a healthcare Company, holds the Top Spot in the Biggest Jump Section of the Fortune Global 500 List by Gaining 226 Ranks and holding 244 Rank at the moment in the list.

China Has 5 Companies In The Top 10

1 Indian Company Rajesh Exports a Bengaluru Based Company registered a Gain of 128 Ranks and Finally made it to 295th Rank in the list to be at the 9th Place in the Biggest Jump Section of the Fortune Global 500 List. It’s been the Second time that Rajesh Exports registered a place on the list.

Rank Company Country Change in Rank
244 Centene U.S 226
120 China Minmetals China 203
95 SK Holdings South Korea 199
90 Aviva Britain 189
170 HNA Group China 183
338 China Evergrande Group China 158
319 CK Hutchison Holdings China 154
250 Manulife Financial Canada 144
295 Rajesh Exports India 128
147 Aegon Netherlands 106

You can check out the Complete List Here

Most Profitable

US & China dominate the top 10 with 5 American and 4 Chinese Companies in the list. All Chinese Companies are Chinese Banks. The List leader is the Technological Giant Apple Inc.

Rank Company Country Profits ($M)
9 Apple U.S $45,687
22 Industrial & Commercial Bank of China China $41,883
28 China Construction Bank China $34,840
38 Agricultural Bank of China China $27,687
42 Bank of China China $24,773
48 J.P Morgan Chase U.S $24,733
8 Berkshire Hathaway U.S $24,074
61 Wells Fargo U.S $21,938
65 Alphabet U.S $19,478
15 Samsung Electronics South Korea $19,316

You can check out the Complete List Here

Non U.S Companies

European Companies show a significant appearance in this Segment with 5 Entries Followed by 3 from China, and 1 each entry from Japan and South Korea.

Rank Company Country
2 State Grid China
3 Sinopec Group China
4 China National Petroleum China
5 Toyota Motor Japan
6 Volkswagen Germany
7 Royal Dutch Shell Netherlands
12 BP Britain
15 Samsung Electronics South Korea
16 Glencore Switzerland
17 Daimler Germany

You can check out the Complete List Here

New Comers

Hewlett Packard Enterprise (181) & Facebook (393) made quite an impressive entry in the Fortune Global 500 List with Claiming 3rd & 8th Spot respectively in the New Comers Segment on the Basis of Revenues earned.

American & European companies has 3 Entries Each Followed by 2 Entries from China and 1 Each from Canada & Venezuela

Rank Company Country Revenues ($M)
91 Uniper Germany $74,407
139 Anbang Insurance Group China $60,800
181 Hewlett Packard Enterprise U.S $50,123
268 Hengli Group China $37,880
342 Chubb Switzerland $31,469
376 Charter Communications U.S $29,003
377 Medtronic Ireland $28,833
393 Facebook U.S $27,638
441 Brookfield Asset Management Canada $24,411
442 Mercantil Servicios Financieros Venezuela $24,403

You can check out the Complete List Here

There are Companies based in 34 Different Countries Represented on the list.

Facebook (393) & Hewlett Packard Enterprise (181) entered first time into the list where as Tencent & Alibaba from China also make their presence felt. Dell made a Comeback into the List this Year.

Fortune 500

This year’s Fortune 500 marks the 63rd running of the list. In total, Fortune 500 companies represent two-thirds of the U.S. GDP with $12 Trillion in Revenues, $890 Billion in Profits, $19 Trillion in Market Value, and Employ 28.2 Million People worldwide.

It is a definitive list of America’s largest Companies Ranked by Revenue

These are the Companies that Sells the Most Things that Matter the Most to American’s.

It Really Captures the engine of the American Economy. It Really gives us a measure of what’s happening in American Business. There is Continues rise in the Technology Companies and it is also reflected in the Fortune 500 list.

Methodology

Companies are ranked by total revenues for their respective fiscal years. Included in the survey are companies that are incorporated in the U.S. and operate in the U.S. and file financial statements with a government agency. This includes private companies and cooperatives that file a 10-K or a comparable financial statement with a government agency, and mutual insurance companies that file with state regulators. It also includes companies that file with a government agency but are owned by private companies, domestic or foreign, that do not file such financial statements. Excluded are private companies not filing with a government agency; companies incorporated outside the U.S.; and U.S. companies consolidated by other companies, domestic or foreign, that file with a government agency. Also excluded are companies that failed to report full financial statements for at least 3 quarters of the current fiscal year. Percent change calculations for revenue, net income, and earnings per share are based on data as originally reported. They are not restated for mergers, acquisitions, or accounting changes. The only changes to the prior years’ data are for significant restatement due to reporting errors that require a company to file an amended 10-K.

Revenues

Revenues are as reported, including revenues from discontinued operations when published. If a spin-off is on the list, it has not been included in discontinued operations. Revenues for commercial banks includes interest and noninterest revenues. Revenues for insurance companies include premium and annuity income, investment income, and capital gains or losses, but exclude deposits. Revenues figures for all companies include consolidated subsidiaries and exclude excise taxes. Data shown are for the fiscal year ended on or before Jan. 31, 2017. Unless otherwise noted, all figures are for the year ended Dec. 31, 2016.

Profits

Profits are shown after taxes, extraordinary credits or charges, cumulative effects of accounting changes, and noncontrolling interests (including subsidiary preferred dividends), but before preferred dividends of the company. Profits for mutual insurance companies are based on statutory accounting.

 “If you looked at the Top 25 Profit leaders may be the Half of them are Technology related Companies.”

– Scott DeCarlo, Senior Editor Fortune Magazine

Full list

Walmart is at the Top Spot 5th Year in a Row and it’s the 8th time in the past 10 Years. Warren Buffett led Berkshire Hathaway made it to the 2nd Spot Followed by Apple at the 3rd Spot.

Rank Company Revenues ($M)
1 Walmart $485,873
2 Berkshire Hathaway $223,604
3 Apple $215,639
4 Exxon Mobil $205,004
5 McKesson $192,487
6 United Health Group $184,840
7 CVS Health $177,526
8 General Motors $166,380
9 AT&T $163,786
10 Ford Motor $151,800

You can check out the Complete List Here

Biggest Jump

Newell Brands holds the Top Spot in the Biggest Jump Section of the Fortune Global 500 List by Gaining 226 Ranks and holding 208 Rank at the moment in the list.

Rank Company Change in Rank (500 Only)
208 Newell Brands 226
96 Charter Communications 196
191 XPO Logistics 162
313 Frontier Communications 148
346 J.M Smucker 106
301 Fidelity National Information Services 91
353 Pulte Group 80
352 Zimmer Biomet Holdings 79
247 Core-Mark Holding 70
368 WEC Energy Group 69

You can check out the Complete List Here

Most Profitable

Apple lead the List as it did in the Global 500 list. Walmart on the other hand being the Highest Revenue Generator on both the list’s, is unable to make it to the Top 10 of this Segment and only able to manage 11th Spot.

Rank

Company

Profits ($M)

3

Apple

$45,687

21

J.P Morgan Chase

$24,733

2

Berkshire Hathaway

$24,074

25

Wells Fargo

$21,938

27

Alphabet

$19,478

26

Bank of America Corp.

$17,906

28

Microsoft

$16,798

35

Johnson & Johnson

$16,540

30

Citigroup

$14,912

148

Altria Group

$14,239

You can check out the Complete List Here

Biggest Employers

Walmart Lead this Segment with a whooping difference of more than 1,500,000 between the Him and the Second Spot Holder Kroger.

Rank Company Employees
1 Walmart 2,300,000
18 Kroger 443,000
399 Yum China Holdings 420,000
32 IBM 414,400
23 Home Depot 406,000
112 McDonald’s 375,000
2 Berkshire Hathaway 367,700
12 Amazon.com 341,400
58 FedEx 335,767
46 UPS 335,520

You can check out the Complete List Here

New Comers

Hewlett Packard Enterprise (59) & Tesla (383) made quite an impressive entry in the Fortune 500 List with Claiming 1st & 4th Spot respectively in the New Comers Segment on the Basis of Revenues earned.

Rank

Company

Revenues ($M)

59

Hewlett Packard Enterprise

$50,123

185

Synchrony Financial

$15,122

300

Alcoa

$9,318

383

Tesla

$7,000

384

Ascena Retail Group

$6,995

387

Nvidia

$6,910

399

Yum China Holdings

$6,752

406

Activision Blizzard

$6,608

413

Berry Global Group

$6,489

421

Builders First Source

$6,367

You can check out the Complete List Here

Being in the Fortune 500 Companies list is just the ultimate testimony to Business Success.

Credits

This year’s Fortune Global 500 & Fortune 500 Directory was prepared under the direction of list editor Scott DeCarlo. Income statement and balance sheet data provided by the companies were reviewed and verified against published earnings releases, 10-K filings, and annual reports by reporter Douglas G. Elam and accounting specialists Rhona Altschuler, and Cappy Lyons. Markets editor Kathleen Smyth used those same sources to check the data for earnings per share. Beijing bureau’s Zhang Dan provided figures for Chinese companies. In addition, we used data provided by Thomson Reuters and S&P Global Market Intelligence to calculate total return and market capitalization. Database administrator Santhosh Varghese provided technical support. The data verification process was aided substantially by information provided by S&P Global Market Intelligence. Other sources used were Hoover’s and Lexis Securities Mosaic.

Company profiles were written by Daniel Bentley, Lisa Fu, Robert Hackett, John Kell, Rachel King, Beth Kowitt, Ellen McGirt, Sy Mukherjee, Andrew Nusca, Krishna Thakker, Anne VanderMey, and Jen Wieczner.

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