Business & Tech
30 Massachusetts Companies Make Fortune 500 List
How much did these Bay State companies rake in last fiscal year?
Fortune Magazine has announced its Fortune 500 list for 2017, and Massachusetts remains highly competitive, with 30 businesses making the cut. Companies are ranked by total revenues, and topping the list nationally is Walmart, followed by Berkshire Hathaway and Apple. Boston relative newcomer General Electric came in at 13th overall, boasting a $126,661 million year in 2016.
This is the 63rd year the magazine has published its annual list. While 15 companies dropped off the list, there were 20 newcomers, including Elon Musk’s electric car company, Tesla. Other than clearing the bar of at least $5.1 billion in annual revenue, Fortune explains how newcomers make it on the list.
This year also includes 32 female CEOs, which Fortune says is the highest number of female CEOs to ever make the list.
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Massachusetts' Fortune 500 companies and their revenues, in millions, are:
13. General Electric (Boston), $126,661 (GE announced today their CEO is retiring.)
Find out what's happening in Somervillefor free with the latest updates from Patch.
75. Liberty Mutual Insurance Group (Boston), $38,308
77. Massachusetts Mutual Life Insurance (Springfield), $37,788
87. TJX (Framingham), $33,184
116. Raytheon (Waltham), $24,069
140. Staples (Framingham), $20,217
154. Thermo Fisher Scientific (Waltham), $18,274
248. Biogen (Cambridge), $11,449
271. State Street Corp. (Boston), $10,635
327. Boston Scientific (Marlborough), $8,386
334. Global Partners (Waltham), $8,240
358. Eversource Energy (Boston), $7,639
449. American Tower (Boston), $5,786
517. Hanover Insurance Group (Worcester), $4,946
584. LPL Financial Holdings (Boston), $4,049
649. Iron Mountain (Boston), $3,525
660. Analog Devices (Norwood), $3,421
666. Wayfair (Boston), $3,380
680. Skyworks Solutions (Woburn), $3,289
755. Hologic (Marlborough), $2,833
764. Clean Harbors (Norwell), $2,755
796. Boston Properties (Boston), $2,551
824. Parexel International (Waltham), $2,426
829. Cabot (Boston), $2,411
835. Alere (Waltham), $2,395
851. Akamai Technologies (Cambridge), $2,340
875. PerkinElmer (Waltham), $2,262
899. Waters (Milford), $2,167
922. Hospitality Properties Trust (Newton), $2,047
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