Fortune 500: 4 RI Companies Make List

One of the the biggest companies in the country is still right here in Little Rhody. CVS Health in Woonsocket landed in the new Fortune 500's No. 8 spot, one of four Rhode Island-based companies to make the list.

Fortune Magazine released its annual list of the 500 top companies in America, which represent two-thirds of the U.S. GDP and have a total of $13.7 trillion in revenue, the magazine says. In addition to the four that made it from Rhode Island, three fell short but still made it in the top 1,000.

Fortune said it ranks companies by total revenue. CVS Health pulled in nearly 15 times more than the second Rhode Island business on the list, Textron in Providence.

Overall, Walmart topped the 2019 list, followed by Exxon Mobil and Apple. Berkshire Hathaway and Amazon ranked No. 4 and No. 5, rounding out the top five spots on the list.

To put the list in context, Fortune writes that just a tenth of the companies on the list are responsible for nearly half of the total $13.7 trillion in revenue. (You can read more in detail about the list via Fortune here.)

Company, with headquarters location and revenue (millions):

• 8. CVS Health, Woonsocket, $194,579
• 229. Textron, Providence, $13,972
• 310. United Natural Foods, Providence, $10,226.7
• 415. Citizens Financial Group, Providence, $7,354
• 512. FM Global, Johnston, $5,427.3
• 567. Hasbro, Pawtucket, $4,579.6
• 823. Amica Mutual Insurance, Lincoln, $2,689.1

The top 10 companies on the list are:

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

See the full Fortune 500 list here.