Fortune 500: These Texas Companies Make 2020 List

AUSTIN, TX — Fortune Magazine has released its annual list of the 500 top companies in the U.S., and 95 of those companies are based in Texas — including three making the overall top ten list.

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.

The 500 companies employ 29.2 million people worldwide.

Here are the top ten companies in Texas that made the Fortune 500 list:

• No. 3: Exxon Mobil, Irving, Texas, $264 billion in revenue
• No. 8: McKeeson, Irving, Texas, $214 billion
• No. 9: AT&T, Dallas, $181 billion
• No. 27: Phillips 66, Houston, $109 billion
• No. 32: Valero Energy, San Antonio, Texas, $102 billion
• No. 34: Dell Technologies, Round Rock, Texas, $92 billion
• No. 56: Sysco, Houston, $60 billion
• No. 59: Energy Transfer, Dallas, $54 billion
• No. 70: American Airlines Group, Fort Worth, Texas, $45 billion
• No. 93: ConocoPhillips, $36 billion

The top 10 companies on the list are:

1. Walmart
2. Amazon
3. Exxon Mobil
4. Apple
5. CVS Health
6. Berkshire Hathaway
7. UnitedHealth Group
8. McKesson
9. AT&T
10. AmerisourceBergen

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