Business & Tech
Watsonville Company Makes 2020 Fortune 500 List
The annual Fortune 500 list ranks the top revenue-generating companies in the United States.
WATSONVILLE, CA — Fortune Magazine has released its annual list of the top companies in America. While Watsonville-based Granite Construction didn't place in the top 500, it still ranked and came in 712th place with $3.4 billion in revenue last year.
Granite Construction was the lone Santa Cruz County company to make the cut.
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.
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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.
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The top 10 companies on the list are:
- Walmart
- Amazon
- Exxon Mobil
- Apple
- CVS Health
- Berkshire Hathaway
- UnitedHealth Group
- McKesson
- AT&T
- AmerisourceBergen
You can find the complete list of companies on the Fortune website.
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