What Is the Fortune 100?
The Fortune 100 is a list of the absolute best 100 firms in the US within the Fortune 500, a list of the 500 biggest U.S. public and privately held firms published by means of Fortune magazine.
Fortune creates the file by means of ranking public and private firms that file annual benefit figures to a government corporate. The Fortune 100 ranking is in keeping with total revenues for the company’s corresponding fiscal year.
Key Takeaways
- The Fortune 100 consists of the absolute best firms inside the further important annual Fortune 500 file.
- The Fortune 500 has been spherical since 1955 and ranks firms by means of reported revenues for their fiscal year.
- The Fortune 500 changed in 1994 to include a broader range of company types from different sectors.
- Simply in recent times, the absolute best 100 firms have integrated many tech, energy, and healthcare firms.
- The an identical massive firms often show inside the height 10, despite the fact that their scores shift fairly, year after year, like Amazon and Walmart.
Understanding the Fortune 100
Fortune first published its first Fortune 500 in 1955. Since that year, the creator has published an annual file of the absolute best 500 revenue-producing firms. The Fortune 100 is an “unofficial” file within the Fortune 500.
The Fortune 100 described that is now not the an identical as Fortune’s 100 Best Firms to Artwork For.
The Fortune 500 in 1955 was once led by means of Elementary Motors, a company that held the absolute best position for more than 30 years. Elementary Motors had revenues of $9.82 billion to height the file. The remainder 9 rounded out as follows:
- Exxon Mobil at $5.66 billion
- U.S. Steel at $3.25 billion
- Elementary Electric at $2.96 billion
- Esmark at $2.51 billion
- Chrysler at $2.07 billion
- Armour at $2.06 billion
- Gulf Oil at $1.71 billion
- Mobil at $1.70 billion
- DuPont at $1.69 billion
Fortune contains in its 500 file all public and private firms that record financial statements with the government, and are integrated and carry out in the US.
Must haves for the Fortune 100
At first, the magazine’s editors had been stricter on which trade sectors had been integrated. From 1955 to 1994, the Fortune 100 file (another time, a subset of the Fortune 500 file) most efficient integrated firms inside the manufacturing, mining, and energy sectors. This unnoticed many of the top-earning firms across the country. However, Fortune did publish individual sector lists for the absolute best 50 firms inside the industries of banks, utilities, insurance plans, stores, and transportation.
In 1994, Fortune expanded its file of companies to include service firms, opening the door for a lot of newcomers to join. This change added many new firms to the absolute best 100 firms on the Fortune 500 file and in addition dramatically better the amount of annual benefit required to make the celebrated file.
The Fortune 500 does now not include out of the country firms, even supposing many of the listed firms have important international operations.
Walmart, which joined the file after 1994, was once #1 in 2018 with $500.34 billion in benefit. It is been a not unusual height 10 company since its inclusion.
2022 Fortune 100 Best 10
The highest-ranked firms inside the Fortune 100 for the year 2022 are:
- Walmart
- Amazon
- Apple
- CVS Smartly being
- UnitedHealth Group
- Exxon Mobil
- Berkshire Hathaway
- Alphabet
- McKesson
- AmerisourceBergen
How Are the Fortune 100 and Fortune 500 Different?
In keeping with scores from Fortune magazine’s Fortune 500 file, the Fortune 100 are the 100 biggest public and private firms in the US in keeping with revenues. The Fortune 100 is a subset of the Fortune 500, derived from a list of companies that carry out in the US and report to federal companies. Prior to 1994, the Fortune 100 most efficient integrated firms that operated inside the mining, manufacturing, and energy sectors. It has since integrated firms that carry out inside the services and products and merchandise sector.
What Is the History of the Fortune 100?
In 1955, Fortune magazine established the Fortune 500 file. At the time, Elementary Motors ranked at the height of the file with revenues in excess of $9.8 billion. This was once a spot that it endured to hold for the next 3 a very long time. Together with Elementary Motors, many of the biggest firms by means of benefit in 1955 are names that still exist in recent times—along with Chrysler, Exxon, and Elementary Electric.
What Is the Difference Between Fortune 100 and Fortune 100 Best Firms to Artwork for?
The Fortune 500 ranks the very best revenue-generating firms in the US each year. By contrast, the Fortune 100 Best Firms to Artwork For are ranked in step with a survey of staff, who are asked about topics along with accept as true with in their workforce, reaching their potential, and the effectiveness of leaders, among other variables. To be eligible, firms must employ a minimum of 1,000 staff, and government companies aren’t appropriate.
What Are the Firms inside the Fortune 100?
The Fortune 100 consists of the absolute best 100 firms inside the Fortune 500, which itself is the absolute best 50% of the additional inclusive Fortune 1,000.
The file for 2022 is:
The Bottom Line
The Fortune 100 accommodates the absolute best 100 firms inside the broader Fortune 500 file. a ranking of American firms by means of annual benefit. To seem on this file is a feather inside the cap of a company, and shifting up inside the ranks is often noticed as a positive sign of growth. Lots of the firms on the Fortune 100 moreover appear inside the S&P 500 index.
Correction—Aug, 13, 2022: A previous style of this article incorrectly named one of the crucial a very powerful firms on the Fortune 100 file in 1955. It is Armour, now not Underneath Armour.
