Business Visualizations

The Biggest Fortune 500 Company in Every State

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Every year, Fortune magazine publishes its much-anticipated Fortune 500 list. This list is meticulously analyzed by company owners, investors, and influential figures in the business world. So, what makes the Fortune 500 so significant? In this article, our team at The Chartistry provides an in-depth examination of the list, exploring why it attracts so much attention and what it takes for a company to be included.

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What is the Fortune 500?

The Fortune 500 is the finance magazine’s list of the 500 most profitable companies in the United States. The company ranked at the top of the list brings in the most revenue based on its financial documents from the most recent fiscal year. The Fortune 500 list for 2024 has Walmart ranked in the top spot with revenue of $648.125B. In fact, this giant retail store has been ranked number one for the last eleven years.

What Does It Take to Make It Onto the Fortune 500?

To become a Fortune 500 company, a business must be incorporated and conduct operations in the U.S. In addition, the company’s financial documents must be public for it to be considered by Fortune.

Why Do Companies Want to Be on This List?

Fortune magazine published its first list of the top 500 U.S. companies in 1955. Since then, the presence of reputable companies such as Exxon Mobil, Goldman Sachs Group, and General Mills has given the list an air of prestige. Plus, these 500 businesses bring in incredible amounts of revenue and contribute to the strength of our economy. Wouldn’t you want your company to appear on a list alongside Walmart, Amazon, and Berkshire Hathaway?

Have Any Companies Appeared on the Fortune 500 for Decades?

Yes, some companies have made repeated appearances. Some famous names have been on the list every year since 1955, including Kellogg, Chevron, and Exxon Mobil, to name a few.

Fortune 500 Companies by State

Walmart, the number one ranked company on the Fortune 500, is located in Arkansas, with its headquarters in Bentonville. Fortune’s number two company, Amazon, is the biggest in Washington, with its headquarters in Seattle. Exxon Mobil is the biggest Fortune 500 company in Texas, and it does business out of Houston.

An interesting thing to note about this list is that not all 50 states are home to a Fortune 500 company. The states without one include:

  • Alaska
  • Hawaii
  • Maine
  • Mississippi
  • Montana
  • New Hampshire
  • New Mexico
  • North Dakota
  • South Dakota
  • Utah
  • Vermont
  • West Virginia
  • Wyoming

The Largest Fortune 500 Company Headquartered in Each State

State Biggest Fortune
500 Company
Location of
Headquarters
Fortune
500 Rank
(2023)
2023
Revenue
(in
millions)
Percent
Change
in
Revenue
From
2022
Alabama Regions Financial Birmingham, AL

483

$7,531

14%

Alaska N/A N/A N/A N/A N/A
Arizona Avnet Phoenix, AZ

163

$24,311

24.4%

Arkansas Walmart Bentonville, AR

1

$611,289

6.7%

California Apple Cupertino, CA

4

$394,328

7.8%

Colorado Arrow Electronics Centennial, CO

109

$37,124

7.7%

Connecticut Cigna Group Bloomfield, CT

15

$180,516

3.7%

Delaware DuPont Wilmington, DE

250

$16,549

-3.6%

District of Columbia Fannie Mae Washington, D.C.

28

$121,596

19.7%

Florida World Kinect Miami, FL

70

$59,043

88.4%

Georgia Home Depot Atlanta, GA

20

$157,403

4.1%

Hawaii N/A N/A N/A N/A N/A
Idaho Albertsons Boise, ID

53

$71,887

3.2%

Illinois Walgreens Boots Alliance Deerfield, IL

27

$132,703

-10.7%

Indiana Elevance Health Indianapolis, IN

22

$156,595

13%

Iowa Principal Financial Des Moines, IA

236

$17,492

22.6%

Kansas Seaboard Merriam, KS

364

$11,243

21.8%

Kentucky Humana Louisville, KY

42

$92,870

11.8%

Louisiana Lumen Technologies Monroe, LA

237

$17,478

-11.2%

Maine N/A N/A N/A N/A N/A
Maryland Lockheed Martin Bethesda, MD

60

$65,984

-1.6%

Massachusetts General Electric Boston, MA

52

$76,555

3.2%

Michigan Ford Motor Dearborn, MI

19

$158,057

15.9%

Minnesota UnitedHealth Group Minnetonka, MN

5

$324,162

12.7%

Mississippi N/A N/A N/A N/A N/A
Missouri Centene St. Louis, MO

25

$144,547

14.7%

Montana N/A N/A N/A N/A N/A
Nebraska Berkshire Hathaway Omaha, NE

7

$302,089

9.4%

Nevada MGM Resorts International Las Vegas, NV

315

$13,128

35.6%

New Hampshire N/A N/A N/A N/A N/A
New Jersey Johnson & Johnson New Brunswick, NJ

40

$94,943

1.2%

New Mexico N/A N/A N/A N/A N/A
New York JPMorgan Chase New York, NY

23

$154,792

21.7%

North Carolina Bank of America Charlotte, NC

32

$115,053

22.6%

North Dakota N/A N/A N/A N/A N/A
Ohio Cardinal Health Dublin, OH

14

$181,364

11.6%

Oklahoma Oneok Tulsa, OK

173

$22,387

35.3%

Oregon Nike Beaverton, OR

93

$46,710

4.9%

Pennsylvania Cencora Conshohocken, PA

11

$238,587

11.5%

Rhode Island CVS Health Woonsocket, RI

6

$322,467

10.4%

South Carolina Sonoco Products Hartsville, SC

498

$7,251

29.7%

South Dakota N/A N/A N/A N/A N/A
Tennessee FedEx Memphis, TN

41

$93,512

11.4%

Texas Exxon Mobil Houston, TX

3

$413,680

44.8%

Utah N/A N/A N/A N/A N/A
Vermont N/A N/A N/A N/A N/A
Virginia Freddie Mac McLean, VA

45

$86,717

31.6%

Washington Amazon Seattle, WA

2

$513,983

9.4%

West Virginia N/A N/A N/A N/A N/A
Wisconsin Northwestern Mutual Milwaukee, WI

111

$36,921

0.5%

Wyoming N/A N/A N/A N/A N/A

Do Some States Have More Than One Fortune 500 Company?

Yes, several states have multiple companies on the list. Texas leads with 55 companies on the Fortune 500, followed by California with 52 and New York with 50. These states all boast a large population and bustling metropolitan areas.

Do Some States Have Just One Fortune 500 Company?

Yes, some states on the list are home to just one. These states include Delaware, Kansas, Kentucky, and South Carolina. In terms of total population, each of these states ranks in the lower half on the list of 50. Delaware has the lowest population, with 1,044,320 people in 2024.

Are Some Cities Home to More Than One Fortune 500 Company?

Absolutely! In fact, some cities serve as the home base for multiple Fortune 500 companies. Some notable examples include:

Chicago

Illinois has 33 Fortune 500 companies, including Walgreens, McDonald’s, and United Airlines, among others. Dozens of these companies are headquartered in the Chicago area.

Houston

Of the 55 Fortune 500 companies in Texas, Houston is home to 21. Exxon Mobil, Sysco, and Hewlett Packard Enterprise (HPE) are just a few of the impressive companies in the collection.

Atlanta

According to our chart, the biggest Fortune 500 company in Georgia is Home Depot, ranked at number 20. But Home Depot is not alone. There are 18 Fortune 500 companies in Atlanta, including Aflac, Delta Air Lines Inc., The Coca-Cola Company, UPS, and others.

Make sure to explore our other lists and visuals, which provide insight into the world of big business. One list ranks companies by employee profits (which happens to be one of our original visualizations), while another categorizes the most profitable companies by industry. It’s no surprise that many Fortune 500 companies frequently appear on various lists throughout the year, highlighting their achievements.

The Number of Fortune 500 Companies in Each State

State State Abbreviation Number of Fortune
500 Companies in Each State
Texas TX

55

California CA

52

New York NY

50

Illinois IL

33

Ohio OH

24

Virginia VA

24

Florida FL

23

Pennsylvania PA

23

Georgia GA

19

Michigan MI

18

Massachusetts MA

17

Minnesota MN

15

Connecticut CT

14

New Jersey NJ

14

North Carolina NC

13

Washington WA

12

Arizona AZ

10

Colorado CO

10

Tennessee TN

10

Missouri MO

8

Wisconsin WI

8

Indiana IN

7

Oklahoma OK

6

Arkansas AR

4

Nebraska NE

4

Rhode Island RI

4

Idaho ID

3

Maryland MD

3

Alabama AL

2

District of Columbia DC

2

Iowa IA

2

Louisiana LA

2

Nevada NV

2

Oregon OR

2

Delaware DE

1

Kansas KS

1

Kentucky KY

1

South Carolina SC

1

Alaska AK

0

Hawaii HI

0

Maine ME

0

Mississippi MS

0

Montana MT

0

New Hampshire NH

0

New Mexico NM

0

North Dakota ND

0

South Dakota SD

0

Utah UT

0

Vermont VT

0

West Virginia WV

0

Wyoming WY

0

Source:

Fortune 500

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Business Visualizations

How the Top 25 College Majors Have Shifted: Student Choice’s 2026 Update

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Student Choice has released the 206 updated version of its ongoing study tracking how America’s most popular college majors have changed over time. The analysis drew data from 105,623 student loan applications, using them as a proxy for where students are placing their bets on their future. The idea is that a student’s choice of major reveals more than their individual preferences. They can reflect labor shortages, salary expectations, emerging technologies, and shifting cultural attitudes about which degrees are most valuable. The team also supplied a graph comparing today’s top majors with those from four and eight years ago.

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How Have the Top 25 Most Popular College Majors Changed Over Time? – Updated 2026

There has been a lot of disruption in recent years, but business majors have held steady. Business has been the leading major commanding between 11.45% and 12.81% of applications in 2017 and 2023. But that dominance has wobbled. In 2025, only 5.27% of applications were for a business major, but that percentage spiked back up in 2026 to 11.94%, still making it the most popular major.

Healthcare was consistently a top-two major for years, peaking in 2023 at 10.87% of applications. Now, nursing has tumbled to just 1.71% of applications in 2026. Health sciences replaced it to turn 9.81% with allied health sciences, public health, physical therapy, physician assistant studies, dentistry, and pharmacy, all landing in the top 25 of most popular majors.

The biggest growth seen in the study is in engineering and aviation. Engineering climbed from 3.91% to 7.37% in 2026. A 3.46-point gain is one of the biggest increases in this dataset. Aviation didn’t crack the top 25 of majors until 2025, when it had explosive growth, then settled into fourth place in 2026 at 5.88%. The surge in aviation maintenance rankings points to broader interest in the field, likely inspired by well-documented pilot shortages. When there’s a need, hungry young students will step up to fill it.

Psychology enjoyed modest and steady growth, inching from 4.99% in 2017 to 5.59% in 2026. Computer science took a surprising fall from a rising 3.61% to only .24% in 2026, ranking dead last in the top 25. Student Choice believes this could be due to some reporting category changes in 2025, but also speaks to the volatility of the tech job market.

Liberal arts and education lost ground, with education sliding from 5.99% of applications in 2017 to 3.70% in 2026. This decline is linked to teaching wages failing to keep up with other fields. Communications, English, and History all dropped off the top 25 entirely, yet Fine Arts bucked the trend, doubling in popularity from 1.35% to 2.25%, cracking the top ten most popular majors.

Overall, students are becoming more specialized and career-focused, drawn to healthcare, engineering, and aviation, while retreating from generalist majors and degrees that were once safe bets. The team at Student Choice cites finances as one of the biggest concerns central to a student’s decision on what major they choose

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Business Visualizations

A Guide to Cybersecurity for Small Business

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Small business owners wear many hats, but cybersecurity has slowly become one of the largest and flashiest hats. Ooma created a cybersecurity guide for small business owners, presented in a detailed chart that tackles a problem most owners face, but few know how to navigate. They struggle to figure out which protections really matter and which investments are simply expensive noise. The stakes are real. The team’s data show that 67% of businesses report more cyberattacks in 2024, and more than 40% of attacks target small businesses specifically. The team’s core message is one of hope: the basics of cybersecurity are far simpler than the security industry makes them seem.

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Cybersecurity for small business: what you actually need (and what you don’t)

What Owners Really Need

The team’s suggestions are organized into a clear checklist. Multi-factor authentication tops the list as the single most effective tactic small businesses should use. It requires a second verification step after the typical password. From there, the list includes automatic software updates to patch security updates, strong passwords, and regular data backups that are tested so ransomware can’t hold operations hostage.

The human layer gets equal consideration. Training staff to spot phishing emails, limiting system access to only those who need it, and managing company devices with the ability to remotely lock them or wipe misplaced phones and laptops are all important guidelines. Rounding out the list are secure Wi-Fi and router settings, email protections, vendor security reviews, asset inventories, and a written incident response plan that guides employees on how to respond rather than scrambling during a cyberattack.

The Steps You Can Skip

The guide stands out from other security content in this section. It doesn’t shy away from naming the protections most small businesses are oversold. They name a full in-house Security Operations Center, custom SIEM platforms, and overlapping tools as the most unnecessary. Biometric logins and enterprise-grade custom solutions are labeled as answers to problems that don’t exist at the scale of a small business. Cyber insurance was a solid maybe that could be useful, but no substitute for backups and multi-factor authentication.

Situations That Call for Advanced Security

The article doesn’t label cybersecurity as one-size-fits-all. They list businesses in the financial, legal, and health data sectors as needing advanced cybersecurity, which could include customer portals, telehealth systems, and e-commerce backends. Not only are these data types subject to privacy laws, but when these systems go down, businesses can pay a heavy toll, so stronger defenses are worth the investment.

The team’s overall message is that cybersecurity isn’t all-or-nothing. Small businesses should build a solid foundation and scale up only when risk and growth push them to do so. Some of the guide’s authoritative sources include the FTC, NIST, CISA, and SBA. The guide makes cybersecurity feel manageable for small businesses by focusing on practical steps instead of expensive extras. Strong passwords, backups, training, and multi-factor authentication create a reliable foundation. As risks grow, businesses can add advanced protections, but the smartest first move is mastering the basics.

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Business Visualizations

Which Countries Are Winning the Digital Infrastructure Race?

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The invisible digital infrastructure is all around us. It powers every bank login, online order, every text sent, and every social media update posted. Vast networks that many of us rarely think about make these actions possible. Access to the digital infrastructure shapes a population’s economic standing and it even keeps entire governments running smoothly. Therefore, it’s no surprise that some countries spend huge sums to stay competitive in the digital infrastructure sector and there are clear winners as we can see in Ooma’s new study.

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Which countries invest the most in digital infrastructure?

Think of this way: rather than roads and bridges, broadband networks, data centers, and cloud systems, the key to mobile connectivity is a country’s most valuable asset, which powers AI servers and social media. Advanced digital infrastructure correlates with higher GDP growth, higher productivity, a viable remote workforce, and a more digitally skilled workforce. These systems also allow faster access to government services, which can even be lifesaving since they offer quicker communication during emergencies like natural disasters.

The team’s study found 5 countries leading this digital infrastructure race. Sweden is in first place now with strong assets across the board, led by broadband subscriptions and business R&D spending. Israel is in second place with outsized venture capital relative to their GDP and heavy research funding into digital infrastructure. South Korea is in third, powered by ICT patents and top-tier broadband reach. Believe it or not, Estonia edges out the U.S. in fourth place. They’re a global digital pioneer with the most ICT investment as a share of GDP. The U.S. ranks #5, driven by digitally deliverable services and venture capital. The team used a points-based score across seven OECD measures, which include ICT investment, broadband, venture capital investment, M2M SIM cards, ICT patents, digital services trade, and business R&D.

These investments have a number of real-world impacts. In Estonia, they have nearly all their government services available online and a digital ID that can be used for everything from remote voting to public transport. Sweden has a highly developed e-commerce sector, universal household Internet connectivity, and, as a result, Stockholm is Europe’s financial hub. In Israel, the National Digital Agency and the Digital Israel initiative weave tech across education, government, and healthcare, transforming the country into a startup magnet. South Korea has one of the fastest Internet speeds globally and they dominate consumer electronics, competitive gaming, and semiconductors.

Countries investing in digital infrastructure are positioned to be world superpowers. Businesses in these countries benefit from fast communication and a digitally literate workforce. But seamless connectivity shouldn’t depend on geography. Every country and all people can benefit from a more digitally connected world, so the more countries that improve their digital infrastructure, the better. The leading countries on this chart can serve as role models while countries further down the list highlight areas for improvement and potential investment.

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