Fortune, a renowned business magazine, has released its highly anticipated 2023 Fortune 500 list, showcasing the largest and most influential companies across various industries. This prestigious ranking provides valuable insights into the global corporate landscape and highlights the economic powerhouses that shape our world.
On June 5, 2023, Fortune unveiled its 69th Fortune 500TM ranking, which highlights the largest corporations in the United States based on their revenue in the 2022 fiscal year. With a revenue threshold of $7.2 billion, a 13% increase from the previous year, companies that made the list demonstrate significant financial success. For detailed insights, interested parties can access the comprehensive dataset through Fortune Analytics.
The Fortune 500 companies collectively account for two-thirds of the U.S. GDP, amassing $18 trillion in revenues, reflecting a 13% increase. However, profits have experienced a decline of 15%, marking the second decrease in the past three years. Notably, a record-breaking 52 companies on the 2023 Fortune 500 list are headed by women CEOs, surpassing the previous year’s count of 44.
The Top 10 Companies on the 2023 Fortune 500 List
1. Walmart
2. Amazon.com
3. Exxon Mobil
4. Apple
5. UnitedHealth Group
6. CVS Health
7. Berkshire Hathaway
8. Alphabet
9. McKesson
10. Chevron
The Fortune 500 2023 list reveals the top 10 global companies, demonstrating exceptional growth, industry dominance, and a diverse range of sectors. These leaders exemplify the importance of innovation, adaptability, and customer-centric approaches in today’s business landscape.
Also Read: World’s Most Admired Companies by FORTUNE
