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The list of ranked Fortune 500 companies based in Tennessee grew this year, and five of the businesses call the Nashville area home.
In 2020, Fortune 500 companies having headquarters in the Southeast region include: 22 in Virginia, 18 in Georgia, 18 in Florida, 13 in North Carolina, and 10 in Tennessee. [19] This economic expansion has enabled parts of the South to have some of the lowest unemployment rates in the United States. [20]
Many significant companies are based in Nashville, Tennessee, and its surrounding communities in the Nashville metropolitan area. [1] Five of the companies, HCA Healthcare, Dollar General, Community Health Systems, Delek US Holdings, and Tractor Supply, were members of the Fortune 500 in 2020, ranking 65th, 112th, 241st, 342nd, and 380th respectively.
The list includes publicly held companies, along with privately held companies for which revenues are publicly available. The concept of the Fortune 500 was created by Edgar P. Smith, a Fortune editor, and the first list was published in 1955. [2] [3] The Fortune 500 is more commonly used than its subset Fortune 100 or superset Fortune 1000. [4]
The Fortune 500 list celebrates its 70-year anniversary in June 2024. Here are the top 10 companies from our 2023 list.
Today’s Fortune 500 companies are also making more than the $9.8 billion GM reported in 1955. GM made nearly $172 billion in revenue in 2023, and Walmart reported $611 billion in 2023 revenue.
First Horizon National Corporation (NYSE: FHN), operates First Tennessee and First Horizon bank, the 686th-ranked company on the Fortune 500 (2021). [10] Sylvamo Corporation (NYSE: SLVM), paper product manufacturer that was spun off from international Paper in 2021, the 727th-ranked company on the Fortune 500 (2023). [11]
The Fortune 500 is a list of the largest 500 companies in the United States ranked by total revenue. Since 1955, Fortune magazine has published the annual list, and it is considered one of the ...