Business & Tech

Fortune 500: These Four Parsippany Companies Make 2020 List

The annual Fortune 500 list ranks the top revenue-generating companies in the United States.

PARSIPPANY, NJ - Fortune Magazine has released its annual list of the 500 top companies in America, and four of those companies are based in Parsippany.

Fortune ranks companies by total annual revenue and, for the eighth consecutive year, Walmart topped the 2020 list, followed by Amazon and Exxon Mobil. Apple and CVS Health ranked No. 4 and No. 5, rounding out the top five spots on the list.

To put the rankings in context, the 500 companies on the 2020 list make up two-thirds of the total U.S. gross domestic product.

Find out what's happening in Parsippanyfor free with the latest updates from Patch.

The 500 companies employ 29.2 million people worldwide.

Here are the companies in Parsippany that made the Fortune 500 list, their rank and their profits:

Find out what's happening in Parsippanyfor free with the latest updates from Patch.

  1. PBF Energy: Ranked 125: $24,508,200,000
  2. Avis Budget Group: Ranked 345: $9,172,000,000
  3. Zoetis: Ranked 472: $6,260,000,000
  4. Wyndham Hotels and Resorts: Ranked 978: $2,053,000,000

The top 10 companies on the list are:

  • Walmart
  • Amazon
  • Exxon Mobil
  • Apple
  • CVS Health
  • Berkshire Hathaway
  • UnitedHealth Group
  • McKesson
  • AT&T
  • AmerisourceBergen

You can find the complete list of companies on the Fortune website.

Thanks for reading! Learn more about posting announcements or events to your local Patch site. Have a news tip you'd like to share? Or maybe you have a press release you would like to submit or a correction you'd like to request? Send an email to russ.crespolini@patch.com

Subscribe to your local Patch newsletter. You can also have them delivered to your phone screen by downloading, or by visiting the Google Play store.

Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.