Wal-Mart tops the Fortune 500

The retailer once again claims the crown as the largest company in America, ranked by revenue.

By Kim Peterson May 6, 2013 6:13PM
Wal-Mart store in Secaucus, New Jersey / Jin Lee/Bloomberg via Getty ImagesWal-Mart Stores (WMT) is once again the largest company in the country, as ranked by revenue.

The retailer tops the new Fortune 500 list, which was released Monday and can be found here. That Wal-Mart made it to the top is hardly surprising. The list has been dominated since 1955 by just three companies: Wal-Mart, General Motors (GM) and Exxon Mobil (XOM).

Wal-Mart has been at the top seven times in the past decade, and nine times overall, but lost the title last year to Exxon Mobil. GM has dropped down on the list -- coming in at No. 7 this year -- but Exxon Mobil holds on to second place.

Fortune says the theme for this year is that "the animal spirits are back," referring to a renewed sense of aggressive behavior with more corporate spinoffs and mergers.

The companies on this year's list aren't quite as profitable as they were in 2011, a record-breaking year. But profits came in just $4 billion short from 2011 to a combined $820 billion. Total revenue rose to $12.06 trillion from $11.75 trillion last year.

Here's the full top 10 list for the Fortune 500:

1. Wal-Mart
2. Exxon Mobil
3. Chevron (CVX)
4. Phillips 66 (PSX)
5. Berkshire Hathaway (BRK.A)
6. Apple (AAPL)
7. General Motors
8. General Electric (GE)
9. Valero Energy (VLO)
10. Ford Motor (F)

More on moneyNOW



2Comments
May 7, 2013 7:37AM
avatar
How can you have a Wal-Mart (big box importer who deep discounts pricing to kill competition) and a recovery? They are diametric opposites. Which is it? Are we being assimilated into indenture or really recovering?
May 6, 2013 11:34PM
avatar

The generation 6 (2004-2007) Maxima is prone to a multitude of serious quality issues.  (1.) The cam chain tensioner failure is a very common problem (inevitable),  and will cost $1500 to repair.  (2.) The transmission is another very common failure caused by a valve body control module failure and will also cost $1500 to repair, if your not misled into thinking the entire transmission has to be replaced which is upwards of $3500.  (3.) There are common electrical problems- corrosion at the battery terminal that causes battery failure, and also frequent headlights burn outs.  (4.) Motor mounts are also frequently breaking, (5.) the Bose 6 CD changer losing a channel, skips, or stops playing, (6.) the AC low pressure hose also fails frequently, disabling the A/C and costing a few hundred dollars to repair.  I have seen also these failures first hand on my 2004 and  a friends 2006; the latter has had the bulk of the problems due to higher mileage (100,000 miles). Nissan has not warranted any of these quality problems and in addition to losing previously loyal customers,   there is currently a class action law suit against them over issues (1.) & (2.). 

Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

Trending NOW

What’s this?

MARKET UPDATE

[BRIEFING.COM] The stock market ended the holiday-shortened week on a mixed note as the Dow Jones Industrial Average shed 0.1%, while the S&P 500 added 0.1% with seven sectors posting gains.

Equity indices faced an uphill climb from the opening bell after disappointing quarterly results from Google (GOOG 536.10, -20.44) and IBM (IBM 190.04, -6.36) weighed on the early sentiment. Google reported earnings $0.15 below the Capital IQ consensus estimate on revenue of $15.42 ... More

MSN MONEY'S