Today, FORTUNE announced the 68th FORTUNE 500, its annual list of the largest corporations in the United States, ranked by revenue for the 2021 fiscal year. The revenue threshold for 2022 FORTUNE 500 list was $6.4 billion, up 19% from last year. In total, FORTUNE 500 companies represent two-thirds of the U.S. GDP with $16.1 trillion in revenues (up 17%), $1.84 trillion in profits (up 114%), $37 trillion in market value (up 13%), and employ 29.7 million people worldwide. 44 companies on the 2022 FORTUNE 500 are led by women CEOs—an all-time high.
The top five companies held their positions on the list, with Walmart taking the top spot for the tenth year in a row, generating $5.1 trillion cumulative revenue over that time. At No. 2, Amazon.com saw a 22% jump in revenue, eclipsing the $450 billion mark. In the No. 3 spot, Apple is the most profitable company on the list for the seventh time in eight years, earning $95 billion in profits. At No. 4, CVS Health and CEO Karen Lynch continue to make FORTUNE 500 history, with CVS as the highest-ranked company ever to be led by a female CEO.
THE TOP TEN COMPANIES ON THE 2022 FORTUNE 500 LIST ARE:
1. Walmart
2. Amazon.com
3. Apple
4. CVS Health
5. UnitedHealth Group
6. Exxon Mobil
7. Berkshire Hathaway
8. Alphabet
9. McKesson
10. AmerisourceBergen