Chewy, Sprouts and 8 Other Companies That Are New to the Fortune 500 in 2021
The Fortune 500 has been ranking the top 500 businesses in the United States by revenue since 1955. Originally, that list included companies like General Motors, Exxon Mobil and General Electric–all three of which are still on the list 66 years later. The Fortune 500 also signals to the business world who the key players are. In 2021, 39 companies made their debut on the list. Below are the top 10 according to revenue in the last fiscal year.
Revenue: $17.456 billion
Carrier Global came in at #171 on the Fortune 500. The corporation is centered in Florida and provides heating, air conditioning, and refrigeration services. The company made more than $1.9 million in profits in the past fiscal year.
Revenue: $15.980 billion
The parent company of Rocket Mortgage hit the list at #194. Services include getting approved for a loan in under 8 minutes, making it an extremely valuable service.The company’s growth is partly attributed to going public in August of 2020. Currently, the company has 24,000 employees.
Revenue: $12.756 billion
Otis Worldwide is responsible for making escalators, elevators and moving sidewalks. The Farmington, Connecticut-based company hit the list at #236, and currently has $69,000 employees.
Revenue: $11.946 billion
Epi-Pen, Viagra, and Lipitor are all owned by Viatris, which ranked at #254 on the Fortune 500 this year. The company was formed in 2020 during the merger of Mylan and Upjohn. Their headquarters is in Canonsburg, Pennsylvania.
Revenue: $9.497 billion
If you’ve paid for something in the past year, you’re probably using something Block is responsible for. Block runs both Square Reader and Cash App and debuted at #323 on the Fortune 500. The company is currently working on expanding into Ireland.
Revenue: $7.423 billion
Global Payments landed on the list at #394. The Atlanta, Georgia-based company provides technology and software services, and has 24,000 employees.
Revenue: $7.146 billion
Pet lovers will know this company. The online pet store made its debut on the Fortune 500 this year at #403. Chewy’s headquarters is in Dania Beach, Florida and they have 18,500 employees.
Jefferies Financial Group
Revenue: $6.955 billion
Coming in at #419, Jefferies Financial Group made its first appearance on the list since it was established in 1962. The company provides its clients with investment services. JFG is one of the smaller companies on this list with 4,121 employees.
Sprouts Farmers Market
Revenue: $6.468 billion
The supermarket chain has more than 340 stores nationwide. Sprouts made their debut on the Fortune 500 at #437. The company has 33,000 employees and provides daycare services as one of their benefits.
T. Rowe Price
Revenue: $6.206 billion
T. Rowe Price is a global investment management firm that ranked at #447 on the Fortune 500 list. The firm currently has some $1.6 trillion in assets under management. Their headquarters is in Baltimore, Maryland.
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