Here Are North Carolina’s Fortune 500 Companies

The 64th annual Fortune 500 list is out, and while the usual suspects dominated the top of the list, 11 companies from North Carolina were listed too.

The 500 companies account for $12.8 trillion in revenue — two-thirds of America’s gross domestic product — and employ more than 28 million people across the globe. In other words, they’re vital to the global economy.
You’ll recognize many of the top companies — Walmart topped the list for the sixth straight year and Amazon cracked the top 10 — but you might not know all the companies from our state. The highest ranked company in North Carolina was Bank of America Corporation, followed by Lowe’s and Duke Energy.

Here are all the Fortune 500 companies in North Carolina:

• Bank of America Corp.
• Rank: #24
• Revenues ($M): $100,264
• HQ Location: Charlotte
• Lowe’s
• Rank: #40
• Revenues ($M): $68,619
• HQ Location: Mooresville
• Duke Energy
• Rank: #125
• Revenues ($M): $23,189
• HQ Location: Charlotte
• Nucor
• Rank: #151
• Revenues ($M): $20,252.4
• HQ Location: Charlotte
• VF
• Rank: #242
• Revenues ($M): $12,399.6
• HQ Location: Greensboro
• BB&T Corp.
• Rank: #250
• Revenues ($M): $12,156
• HQ Location: Winston-Salem
• Laboratory Corp. of America
• Rank: #286
• Revenues ($M): $10,441.4
• HQ Location: Burlington
• Sonic Automotive
• Rank: #298
• Revenues ($M): $9,867.2
• HQ Location: Charlotte
• IQVIA Holdings
• Rank: #304
• Revenues ($M): $9,739
• HQ Location: Durham
• Hanesbrands
• Rank:#433
• Revenues ($M): $6,478.3
• HQ Location: Winston-Salem
• Sealed Air
• Rank: #456
• Revenues ($M): $6,130.6
• HQ Location: Charlotte

Overall, Exxon Mobil, Berkshire Hathaway, Apple and UnitedHealth Group rounded out the top five. Apple was the most valuable and profitable company on the list with $850 billion in market cap and $48 billion in profits, the magazine said.

CVS Health ranked No. 7, followed by Amazon at 8, AT&T at 9 and General Motors at 10.

Here are some other big names on the list:

• General Electric
• Rank: 18
• Revenues ($M): $122,274
• HQ Location: Boston, Massachusetts
• Boeing
• Rank: 27
• Revenues ($M): $ 93,392
• HQ Location: Chicago, Illinois
• Comcast
• Rank: 33
• Revenues ($M): $84,526
• HQ Location: Philadelphia, Pennsylvania
• Pepsi Co
• Rank: 45
• Revenues ($M): $63,525
• HQ location: Purchase, New York
• Coca-Cola
• Rank: 87
• Revenues ($M): $35,410
• HQ location: Atlanta, Georgia
• Tesla
• Rank: 260
• Revenues ($M): $11,758.8
• HQ location: Palo Alto, California
• Netflix
• Rank: 261
• Revenues ($M): $11,692.7
• HQ location: Los Gatos, California

The threshold for making this year’s list was $5.4 billion in revenues, Fortune says. That’s 6 percent more than 2017.

Fifty-four firms have appeared in every Fortune 500 list since 1955, including GE, GM, Chevron and Exxon Mobil. On the flip side, 17 companies made the list for the first time, including Ulta Beauty.

New York, California and Texas had the most Fortune 500 companies of all states, with 58, 49 and 48, respectively.

Just 24 companies on the list are headed by women, the magazine said.

Click here to see the full rankings and company profiles.

Patch reporter Dan Hampton contributed to this report.

Photo credit: Shutterstock