Fortune 500 Companies per U.S. CSA

[Cirrus]

Originally Posted by mousquet

small developers may do that, too.

Of course. Absolutely nothing I said should be taken to mean that large companies are the only thing that matter. Lots of factors matter to economics and urban development and everything else we care about. All I'm saying is that large companies are one of the things that have a substantial effect on cities, for both good and ill.

[mhays]

They also play a huge role in attracting smaller companies.

Industries tend to cluster. The best way to grow a startup/small tech sector is to have multiple big anchor companies that bring talent to the region, support the local education infrastructure, leave one employer and join another or start another business, enable companies to cooperate more easily, and so on.

Every city needs money to pour in from other regions. Tourism, factories, retiree relocations, large architecture practices, etc., all contribute to this. But a big headquarters can do it on a large scale. At the top end, a headquarters can bring billions in local payroll funded by the rest of the world. The result is the lifeblood of the rest of our economy -- retail, construction, public services, etc. So what if it's 1% of local jobs...it might actually support 5% of local jobs once the multipliers are included.

[Cirrus]

Originally Posted by mhays

They also play a huge role in attracting smaller companies...

Sort of like how research universities act as economic anchors. That's an interesting thought.

[Austinlee]

Originally Posted by mhays

They also play a huge role in attracting smaller companies.

Industries tend to cluster. The best way to grow a startup/small tech sector is to have multiple big anchor companies that bring talent to the region, support the local education infrastructure, leave one employer and join another or start another business, enable companies to cooperate more easily, and so on.

Every city needs money to pour in from other regions. Tourism, factories, retiree relocations, large architecture practices, etc., all contribute to this. But a big headquarters can do it on a large scale. At the top end, a headquarters can bring billions in local payroll funded by the rest of the world. The result is the lifeblood of the rest of our economy -- retail, construction, public services, etc. So what if it's 1% of local jobs...it might actually support 5% of local jobs once the multipliers are included.

Originally Posted by Cirrus

Sort of like how research universities act as economic anchors. That's an interesting thought.

Yeah, I would think in this day and age in order to compete on a national and international level a city needs established fortune 500 type companies, research universities and the hundreds of millions of dollars of government money that they receive, plus a thriving start up scene and of course a diverse economy with companies in different sectors to insulate against the boom and bust of specific industries. That way you have strength in the whole economic spectrum from start to finish.

[mhays]

Definitely. Universities are a huge factor in kicking off a lot of the start-up and research type companies through spin-offs, by training the workforce, and because company leaders and researchers often lecture as well. Biotechs are especially like that, but it's true with a lot of tech sectors, probably energy, agriculture/food, and so on as well.

And totally agreed about diversifying too. You want a good range of industries pulling in that outside money, and you want a good range of roles in those industries. Factories and back offices are good, but the headquarters might mean some (or most) of the best-paying jobs and the most stability in some cases. (Though due to mergers even HQs can be volatile)

[ColDayMan]

Uh...two of my cities aren't listed:

Cincinnati - 10
Columbus - 4 (though it has 2 extra at 501 and 503...so so close)

[mrsmartman]

Fortune 500 can be considered as fairly large cap corporations, which are roughly comparable. Another good proxy is S&P 500.

[10023]

Oh good, this thread again.

Originally Posted by Private Dick

[*]HJ Heinz

With the Kraft merger this is based in Chicago. They'll keep up the pretense of two HQs for a bit, but obviously this isn't possible in practice.

Originally Posted by mrsmartman

Fortune 500 can be considered as fairly large cap corporations, which are roughly comparable. Another good proxy is S&P 500.

The Fortune list is based on revenue, which is not the same thing as market cap at all.

You will see an overrepresentation of retailers (with billions in sales but low margins / value add) and an underrepresentation of technology and biotech firms that are valuable despite limited current revenue.

[fleonzo]

Originally Posted by YSL

combined statistical area

Fortune 500 Companies 2015

- New York: 88
- Chicago: 31
- San Francisco : 30
- Houston: 26
- Dallas/Fort Worth: 21
- Los Angeles: 20
- Atlanta: 18
- Minneapolis-Saint Paul: 17
- Washington DC-Baltimore: 16
- Detroit: 13
- Boston: 13
- Seattle: 10
- Philadelphia: 10
- Denver: 9
- Miami-Fort Lauderdale: 7
- Cleveland: 7
- Phoenix: 5
- Tampa : 4
- San Diego: 2
- Portland: 2



Last year

Fortune 500 Companies 2014

- New York 84
- San Francisco 30
- Chicago 29
- Houston 26
- Los Angeles 22
- Dallas 18
- Minneapolis 17
- Atlanta 16
- Washington DC 16
- Detroit 14
- Boston 12
- Denver 9
- Philadelphia 9
- Seattle 9
- Cleveland 7
- Miami 7
- Phoenix 5
- Tampa : 4
- San Diego 2
- Portland 2

Can someone explain how NYC Metro added 4 Fortune 500 Companies in one year? The only thing I can think of is that their market cap valuations increased due to the rise in the Stock Market!

[mhays]

Between spinoffs, mergers, moves, growth, etc., it's not surprising at all. Not even an outlier.

[Gordo]

Originally Posted by fleonzo

Can someone explain how NYC Metro added 4 Fortune 500 Companies in one year? The only thing I can think of is that their market cap valuations increased due to the rise in the Stock Market!

Fortune 500 has nothing to do with market cap. A few could have increased revenues to be included, but it was more than likely due to mergers or other changes like that.

[10023]

Originally Posted by Gordo

Fortune 500 has nothing to do with market cap. A few could have increased revenues to be included, but it was more than likely due to mergers or other changes like that.

This.

[Private Dick]

Originally Posted by 10023

With the Kraft merger this is based in Chicago. They'll keep up the pretense of two HQs for a bit, but obviously this isn't possible in practice.

Well, take it up with Fortune magazine. Not yet at least. And the days of the established corporate HQ as we've known it to be are pretty much over in a case like this... with a Brazilian group of billionaires now controlling both companies. Kraft is solely a North American brand, while Heinz is already a long-established global brand. They won't move it all to Chicago. Wouldn't make sense for guys that are going to operate them as two separate business divisions, pulling the strings from NY, Zurich, Sao Paulo.

[Arch City]

St. Louis' Fortune 500-1000, 2015

22. Express Scripts Holdings
120. Emerson Electric
186. Centene
197. Monsanto
273. Reinsurance Group of America
398. Peabody Energy
426. Edward Jones Financial
438. Ameren Energy
445. Graybar Electric

----------------------------------------------

579. Energizer Holdings
768. Arch Coal
800. Sigma-Aldrich
844. Caleres
857. Panera Bread
869. SunEdison Energy
892. Post Holdings
922. Belden
936. Stifel Financial
938. Olin Corporation

---------------------------------------------

Energy - 6
Financial Services - 3
Health Care - 2
Consumer Products - 2
Biotechnology - 2
Food - 2
Chemicals - 1
Electronics/IT - 1

[jbermingham123]

^^ Arch City you guys also have Enterprise... if it were publicly traded it would be in the mid hundreds on fortune 500

[Lakelander]

Jacksonville has at least 3 F500 companies headquartered in downtown:

240 - CSX
314 - Fidelity National Financial
422 - Fidelity National Information Systems

[hawainpanda]

Originally Posted by jbermingham123

^^ Arch City you guys also have Enterprise... if it were publicly traded it would be in the mid hundreds on fortune 500

but that goes with any city, its pretty amazing how many large coporations are still private

[Stratosphere 2020]

Atlanta can do a +1 as of this month as Mercedes Benz just announced its HQ will be moved there.

[mhays]

A national headquarters isn't a real headquarters.

[Gordo]

^Didn't you hear, Daimler is shutting down their German HQ and moving to Atlanta!

Lol no, local subsidiaries of multinational corporations with international headquarters elsewhere don't count in the US Fortune 500.