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Largest Companies by Revenue in Each State 2015: MAP

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You may have seen the Largest Companies by Revenue map we put together in June of last year; now we’re back with an updated version using Hoover’s 2015 data.  Last year’s map created so much buzz and insightful conversation that we deemed it essential to find out how it’s changed over the past year.  Using Hoover’s, a D&B Company, we searched through each state’s list of companies to find which had the largest revenue in the last fiscal year.  It was interesting to see how each company’s revenues have changed over the year (for better or worse) and to see if a new largest company had emerged.

At first glance, you may ask, “Where are Apple and Microsoft?”  Yes, these are huge companies but this map is specifically looking at total revenue from the last fiscal year.  If we look at California with Apple vs. Chevron, there is a large discrepancy between market value and total revenues.  Apple’s market value as of March 31, 2015 was $724 billion while Chevron’s was only (and we use "only" lightly) $197 billion.  In terms of revenue, Chevron comes out on top with $203 billion in the last fiscal year while Apple had revenues of $182 billion.

Please note: We used Hoover’s company database as our source, not the most recent Fortune 500 list.  Location and state are based on the corporate headquarters of that company, no branches or foreign offices.  Lastly, we decided not to include any subsidiaries or government entities for the sake of staying consistent.

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State, 2014 Company, 2014 Revenue (Billion), 2015 Company, 2015 Revenue (Billion), Headquarters
AL, Regions Bank, $5.89, Regions Bank, $5.40, Birmingham AL
AK, Alaska Permanent Fund Corporation, $4.44, GCI Inc., $0.91, Anchorage AK
AZ, Avnet Inc., $25.45, Avnet Inc., $27.49, Phoenix AZ
AR, Wal-Mart Stores, $476.29, Wal-Mart Stores, $485.65, Bentonville AR
CA, Chevron Corporation, $228.84, Chevron Corporation, $211.97, Sam Ramon CA
CO, Arrow Electronics Inc., $21.35, Arrow Electronics Inc., $22.78, Inverness CO
CT, General Electric, $146.04, General Electric, $148.58, Fairfield CT
DE, E.I du Pont de Nemours and Company, $36.14, E.I du Pont de Nemours and Company, $36.04, Wilmington DE
FL, World Fuel Services, $41.56, World Fuel Services, $43.38, Miami FL
GA, Home Depot International Inc., $85.53, Home Depot International Inc., $85.90, Atlanta GA
HI, Hawaiian Electric Industries Inc., $3.23, Hawaiian Electric Industries Inc., $3.23, Honolulu HI
ID, Micro Technology Inc., $9.07, Albertson's LLC., $23.56, Boise ID
IL, Archer Daniels Midland, $89.80, The Boeing Company, $90.76, Chicago IL
IN, WellPoint, $71.02, Anthem Inc., $73.87, Indianapolis IN
IA, Transamerica Life Insurance Company, $19.04, Transamerica Life Insurance Company, $23.34, Cedar Rapids IA
KS, Sprint Communications Inc., $34.56, Koch Industries, $115.00, Wichita KS
KY, Humana Inc., $42.31, Humana Inc., $48.50, Louisville KY
LA, CenturyLink Inc., $18.09, CenturyLink Inc., $18.03, Monroe LA
ME, Hannaford Bros. Co., $3.98, Hannaford Bros. Co., $4.41, Scarborough ME
MD, Lockheed Martin, $45.35, Lockheed Martin, $45.60, Bethesda MD
MA, Liberty Mutual Holding Company Inc., $38.50, Liberty Mutual Holding Company Inc., $36.94, Boston MA
MI, General Motors, $155.42, General Motors, $155.92, Detroit MI
MN, Cargill Inc., $136.65, UnitedHealth Group, $130.47, Minnetonka MN
MS, Sanderson Farms Inc., $2.68, Koch Foods Incorporated, $2.80, Flowood MS
MO, Express Scripts Holding, $104.09, Express Scripts Holding, $100.88, St. Louis MO
MT, Stillwater Mining Company, $1.03, Stillwater Mining Company, $0.94, Billings MT
NE, Berkshire Hathaway, $182.15, Berkshire Hathaway, $194.67, Omaha NE
NV, Las Vegas Sands Corp., $13.76, Las Vegas Sands Corp., $14.58, Paradise NV
NH, Sprague Resources LP, $4.60, C&S Wholesale Grocers Inc., $21.70, Keene NH
NJ, Johnson & Johnson, $71.31, Johnson & Johnson, $74.33, New Brunswick NJ
NM, Presbyterian Healthcare Services, $4.60, Presbyterian Healthcare Services, $2.05, Albuquerque NM
NY, Verizon Communications, $120.55, Verizon Communications, $127.07, New York NY
NC, Bank of America, $101.69, Bank of America, $95.18, Charlotte NC
ND, MDU Resources Group Inc., $4.46, MDU Resources Group Inc., $4.67, Bismarck ND
OH, Cardinal Health, $101.09, The Kroger Co., $108.46, Cincinnati OH
OK, Love's Travel Stops & Country Stores Inc., $26.09, Love's Travel Stops & Country Stores Inc., $26.09, Oklahoma City OK
OR, Nike Inc., $25.31, Nike Inc., $27.79, Beaverton OR
PA, AmeriSourceBergen, $87.95, AmeriSourceBergen, $119.56, Chesterbrook PA
RI, CVS Caremark, $126.76, CVS Caremark, $139.36, Woonsocket RI
SC, Sonoco Products Company, $4.48, Sonoco Products Company, $5.01, Hartsville SC
SD, Sanford Health, $3.10, Poet LLC., $6.00, Sioux Falls SD
TN, FedEx Corporation, $44.28, FedEx Corporation, $45.46, Memphis TN
TX, Exxon Mobil, $438.25, Exxon Mobil, $411.93, Irving TX
UT, Huntsman Corporation, $11.07, Huntsman Corporation, $11.57, Salt Lake City UT
VT, Keurig Green Mountain Inc., $4.35, Keurig Green Mountain Inc., $4.70, Waterbury VT
VA, Freddie Mac, $81.22, The Long & Foster Companies Inc., $42.70, Chantilly VA
WA, CostCo Wholesale, $105.15, CostCo Wholesale, $112.64, Issaquah WA
WV, West Virginia University Hospitals Inc., $1.38, Mylan Pharmaceuticals Inc., $1.24, Morgantown WV
WI, Johnson Controls Inc., $42.73, Johnson Controls Inc., $42.82, Milwaukee WI
WY, Cloud Peak Energy Inc., $1.39, Cloud Peak Energy Inc., $1.39, Gillette WY

Sources: Hoover’s Inc. A D&B Company, Fortune

Russ Fordyce

About Russ Fordyce

Russ is the Managing Director of Marketing at Broadview Networks where he works to help consultants and business owners better understand and put technology to use so they can transform how their employees get work done and improve results.

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