As of 2016, there are 10 Fortune 500 companies located in the state of Washington. Here’s a snapshot of these companies –
|Fortune 500 Rank||Company||Revenue (USD Million)||Headquarters||Industry|
|18||Amazon.com||107,006||Seattle||Internet Services and Retailing|
|147||Paccar||19,115||Bellevue||Motor Vehicles and Parts|
|373||Weyerhaeuser||7,082||Federal Way||Forest and Paper Products|
|385||Expedia||6,672||Bellevue||Internet Services & Retailing|
|390||Expeditors International of Washington||6,617||Seattle||Transportation & Logistics|
|459||Alaska Air Group||5,598||Seattle||Airlines|
The Fortune 500 is a list of the largest US-based corporations in terms of revenue. This list is compiled each fiscal year by the Fortune magazine. In 2016 the list made its 62nd edition.
The Fortune 500 represents the wealthiest, most successful corporations in the US and the combined revenues of these 500 companies add up to about 12 trillion dollars – almost 65 percent of the national GDP. These 500 companies together employ 27.9 million people and account for 840 billion dollars of profits (as of 2016). Their combined market value is about 17 trillion dollars. These figures make it important to understand the value of the Fortune 500 companies and their dominance of their respective industries.