The Fortune 500 Largest US Companies

1. Walmart – $648,125 Million

Walmart, headquartered in Bentonville, Arkansas, stands as the largest corporation in the United States by revenue, generating an astounding $648.1 billion in 2024. Founded in 1962 by Sam Walton, Walmart has grown into a global retail giant with over 10,500 stores across 20 countries, operating under different banners like Sam’s Club and Flipkart.

Known for its focus on low prices, Walmart attracts millions of customers daily, offering a vast selection of goods, including groceries, apparel, electronics, and home goods. The company has also significantly invested in e-commerce, competing fiercely with Amazon and other online retailers. Through its Walmart+ membership program, it offers benefits like free delivery and discounts, ensuring customer loyalty.

Beyond retail, Walmart is also making strides in sustainability and technological innovation. It has pledged to achieve zero emissions by 2040 and is working towards reducing waste and sourcing 100% renewable energy for its operations. With its robust financial performance and continued innovation, Walmart maintains its position as a cornerstone of the retail industry and an economic powerhouse.

2. Amazon – $574,785 Million

Amazon, founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, has revolutionized the way the world shops and does business. With a staggering $574.8 billion in revenue for 2024, it holds the second spot on the Fortune 500 list. Initially launched as an online bookstore, Amazon has grown into a global tech behemoth, dominating industries such as e-commerce, cloud computing, artificial intelligence, and entertainment.

The company’s e-commerce platform offers a seemingly endless variety of products, supported by an advanced logistics network that ensures fast deliveries through services like Prime. Amazon Web Services (AWS) is another pillar of its success, providing scalable cloud solutions to businesses worldwide and accounting for a significant portion of its profits. Beyond commerce and technology, Amazon is heavily involved in content creation through its Prime Video streaming service, producing award-winning films and series.

Amazon is also making advancements in areas like autonomous delivery, robotics, and healthcare. It acquired One Medical in 2023 to expand its footprint in the healthcare sector. However, the company has faced criticism over labor practices, antitrust concerns, and environmental impact. To address these, Amazon has committed to ambitious sustainability goals, including achieving net-zero carbon emissions by 2040. Its continued innovation and adaptability ensure its relevance in a rapidly changing world.

3. Apple – $383,285 Million

Apple, headquartered in Cupertino, California, is synonymous with innovation and premium technology. Generating $383.3 billion in revenue in 2024, the company secures its position as the third-largest corporation in the United States. Founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple started with personal computers and has since transformed into a global leader in consumer electronics, software, and digital services.

Apple’s product portfolio includes iconic devices such as the iPhone, iPad, Mac, and Apple Watch. Its ecosystem, powered by the iOS operating system, seamlessly integrates these devices with services like iCloud, Apple Music, and the App Store. The company’s ability to combine cutting-edge technology with sleek design has fostered a devoted customer base and record-breaking sales.

Beyond hardware, Apple is making significant strides in sustainability and healthcare. It has pledged to achieve carbon neutrality across its supply chain by 2030 and is investing in renewable energy projects globally. Meanwhile, innovations in health monitoring through the Apple Watch demonstrate the company’s commitment to enhancing user well-being.

Despite its successes, Apple faces challenges such as supply chain disruptions and scrutiny over App Store policies. However, its strong brand loyalty, commitment to privacy, and relentless pursuit of innovation ensure its continued growth and influence in the tech industry.

4. UnitedHealth Group – $371,622 Million

UnitedHealth Group, based in Minnetonka, Minnesota, is the largest healthcare company in the world by revenue, earning $371.6 billion in 2024. The company operates two primary divisions: UnitedHealthcare, which offers health insurance coverage, and Optum, which provides health services, data analytics, and pharmacy care. Together, these segments deliver comprehensive solutions to improve health outcomes for millions of individuals globally.

UnitedHealthcare serves a wide range of clients, including individuals, employers, and governments. The company is known for its innovative approach to healthcare coverage, leveraging technology and data to enhance customer experiences and ensure affordability. Optum, on the other hand, focuses on integrating health services and analytics, helping providers and payers reduce costs while improving care delivery.

UnitedHealth Group continues to lead in addressing critical healthcare challenges. Its efforts in telemedicine, value-based care, and predictive analytics have positioned it as a pioneer in modern healthcare. The company’s investments in technology and partnerships with providers allow it to navigate the complexities of a rapidly evolving industry.

However, like many large healthcare organizations, UnitedHealth Group faces scrutiny over drug pricing and administrative costs. To address these concerns, the company has ramped up efforts to promote transparency and affordability. With a strong financial foundation and a focus on innovation, UnitedHealth Group remains a vital player in global healthcare.

5. Berkshire Hathaway – $364,482 Million

Berkshire Hathaway, headquartered in Omaha, Nebraska, is a multinational conglomerate holding company led by the legendary investor Warren Buffett. Generating $364.5 billion in revenue in 2024, the company is known for its diversified portfolio, encompassing industries such as insurance, utilities, manufacturing, and retail.

Berkshire Hathaway’s subsidiaries include iconic names like GEICO, BNSF Railway, and Berkshire Hathaway Energy. The company also holds significant stakes in leading corporations such as Apple, Coca-Cola, and Bank of America, underscoring its role as a powerhouse in the investment world. Its insurance arm, led by GEICO and other providers, is a cornerstone of its operations, offering stable cash flow and funding opportunities for acquisitions.

Under Buffett’s leadership, Berkshire Hathaway has prioritized long-term value creation over short-term gains. The company’s conservative financial management and disciplined approach to investments have earned it a reputation for stability and reliability. In addition to financial success, Berkshire Hathaway is also known for its annual shareholder meetings, often referred to as the “Woodstock for Capitalists,” where Buffett shares insights on investing and business strategy.

As the company transitions into a new era with Buffett nearing retirement, questions about its future leadership and direction have emerged. Nevertheless, Berkshire Hathaway’s robust structure and diversified holdings position it to maintain its status as one of the most influential companies in the world.

6. CVS Health – $357,776 Million

CVS Health, headquartered in Woonsocket, Rhode Island, is a leading healthcare company with revenues of $357.8 billion in 2024. It operates one of the largest pharmacy chains in the United States, alongside health services offered through its CVS Caremark, Aetna, and MinuteClinic divisions.

The company is renowned for its comprehensive approach to healthcare, combining retail pharmacy services with insurance and primary care. CVS Health’s pharmacy benefits management (PBM) segment, Caremark, helps employers and health plans manage prescription drug costs, while its acquisition of Aetna in 2018 expanded its reach into health insurance. Additionally, its MinuteClinic walk-in medical clinics provide convenient access to care for minor illnesses and wellness services.

In recent years, CVS Health has focused on expanding its role in preventative care and chronic disease management. It has introduced HealthHUB locations, which offer a broader range of healthcare services, including counseling, screenings, and wellness products. These efforts align with its mission to transform the healthcare experience and improve access to affordable care.

However, CVS Health faces challenges in navigating regulatory pressures and competition from rivals like Walgreens and Amazon. Despite these hurdles, the company’s diversified model and commitment to innovation make it a key player in the evolving healthcare landscape.

7. Exxon Mobil – $344,582 Million

Exxon Mobil, headquartered in Irving, Texas, is one of the largest publicly traded oil and gas companies in the world, earning $344.6 billion in revenue in 2024. Established through the merger of Exxon and Mobil in 1999, the company has a long history rooted in John D. Rockefeller’s Standard Oil.

Exxon Mobil operates across the energy value chain, including exploration, production, refining, and distribution. Its diverse portfolio spans conventional and unconventional energy sources, from oil and natural gas to advanced biofuels. The company is also a major player in the chemicals sector, producing materials essential for everyday products.

In response to the global energy transition, Exxon Mobil has made significant investments in lower-carbon solutions, including carbon capture and storage (CCS) and hydrogen technologies. It has pledged to reduce emissions intensity in its operations and is exploring ways to align with global climate goals while meeting growing energy demands.

However, the company faces scrutiny over its environmental impact and the challenges of balancing profitability with sustainability. Despite these pressures, Exxon Mobil’s extensive resources, technological expertise, and global presence ensure its continued influence in the energy industry.

8. Alphabet – $307,394 Million

Alphabet, the parent company of Google, earned $307.4 billion in revenue in 2024, making it one of the largest technology companies globally. Headquartered in Mountain View, California, Alphabet oversees a vast portfolio of businesses, including its flagship search engine, YouTube, Android, and Google Cloud.

Alphabet is a pioneer in digital advertising, which accounts for the majority of its revenue. Its platforms dominate online traffic, enabling businesses to reach billions of users through targeted campaigns. Google Cloud is another growth driver, providing enterprise solutions in data storage, AI, and analytics.

Beyond its core operations, Alphabet invests heavily in innovative projects under its “Other Bets” division. These include self-driving technology through Waymo, life sciences research through Verily, and internet connectivity initiatives like Loon. The company is also a leader in artificial intelligence, with developments such as Google DeepMind and the use of AI to enhance its search and advertising products.

However, Alphabet faces challenges related to antitrust lawsuits, data privacy concerns, and competition from tech rivals like Amazon and Microsoft. Despite these hurdles, its diversified business model and relentless focus on innovation ensure its continued dominance in the tech industry.

9. McKesson – $276,711 Million

McKesson Corporation, headquartered in Irving, Texas, generated $276.7 billion in revenue in 2024, cementing its status as one of the largest healthcare companies in the world. Established in 1833, McKesson is a leader in pharmaceutical distribution, medical supplies, and healthcare technology.

The company’s core business lies in distributing pharmaceuticals to retail pharmacies, hospitals, and healthcare providers across the United States and internationally. It also supplies medical products and equipment and provides technology solutions that enhance supply chain management and clinical decision-making.

McKesson is instrumental in ensuring the availability of medications and medical products across diverse healthcare settings. Its extensive network and logistical expertise enable the efficient distribution of critical supplies, making it a vital partner for healthcare providers and manufacturers. Additionally, McKesson’s focus on oncology, specialty care, and biosimilars highlights its commitment to addressing complex medical needs.

The company faces challenges, including regulatory pressures, the rising cost of pharmaceuticals, and competition from other distribution giants like AmerisourceBergen and Cardinal Health. Moreover, McKesson has been involved in litigation related to its role in the opioid crisis, prompting efforts to enhance transparency and accountability.

Despite these hurdles, McKesson continues to innovate by integrating technology into healthcare delivery and exploring partnerships that improve patient outcomes. Its resilience and adaptability ensure its continued relevance in an ever-evolving industry.

10. Cencora – $262,173 Million

Cencora, formerly AmerisourceBergen, is a leading pharmaceutical distribution and services company based in Conshohocken, Pennsylvania. In 2024, the company reported $262.2 billion in revenue, reflecting its critical role in the healthcare supply chain. The rebranding to Cencora in 2023 underscores the company’s commitment to innovation and global expansion.

Cencora specializes in distributing branded and generic pharmaceuticals, over-the-counter medications, and healthcare products. It serves a broad range of clients, including independent pharmacies, health systems, and long-term care facilities. The company also provides consulting and business solutions to help healthcare providers optimize their operations.

With the increasing complexity of the healthcare industry, Cencora has invested heavily in specialty pharmaceutical services, focusing on oncology, rare diseases, and biosimilars. Its ability to navigate regulatory environments and provide end-to-end solutions has made it a trusted partner for pharmaceutical manufacturers and providers.

Like its peers, Cencora faces challenges such as price pressures, regulatory scrutiny, and competition from other distributors. Additionally, its involvement in opioid litigation has highlighted the need for greater accountability within the industry. In response, Cencora has taken steps to improve transparency and ensure responsible distribution practices.

Looking ahead, Cencora aims to expand its global footprint and leverage technology to enhance healthcare delivery. Its focus on innovation and patient-centric solutions positions it as a key player in the future of healthcare.

11. Costco – $242,290 Million

Costco Wholesale Corporation, based in Issaquah, Washington, is one of the world’s largest retailers, with $242.3 billion in revenue in 2024. Founded in 1983, Costco has built its reputation on a unique membership-based warehouse model, offering high-quality products at competitive prices.

The company operates over 850 warehouses globally, with a significant presence in the United States, Canada, and Asia. Costco’s product offerings include groceries, electronics, appliances, and clothing, as well as services like travel packages and auto insurance. Its private-label brand, Kirkland Signature, is a cornerstone of its success, known for delivering exceptional value across a wide range of products.

Costco’s business model relies on efficiency and bulk sales, enabling it to maintain low prices and attract cost-conscious consumers. The company’s focus on high membership renewal rates and customer loyalty contributes to its consistent growth and profitability. Its e-commerce platform has also seen significant expansion, complementing its brick-and-mortar operations.

Despite its success, Costco faces challenges from competitors like Walmart’s Sam’s Club and Amazon, as well as rising supply chain costs and global economic uncertainties. However, its commitment to quality, employee satisfaction, and sustainable practices has bolstered its reputation as a trusted retailer.

Looking forward, Costco aims to continue expanding its global presence while maintaining its customer-first approach. Its innovative practices and strong financial performance ensure its position as a leader in the retail industry.

12. JPMorgan Chase – $239,425 Million

JPMorgan Chase & Co., headquartered in New York City, is the largest bank in the United States by assets, reporting $239.4 billion in revenue in 2024. As a global financial powerhouse, the company provides a wide range of services, including investment banking, commercial banking, asset management, and consumer financial services.

JPMorgan Chase operates under several well-known brands, including Chase for retail banking and JPMorgan for investment banking and asset management. Its extensive network of branches, ATMs, and online platforms enables it to serve millions of customers worldwide.

The bank has been at the forefront of digital innovation, leveraging technology to enhance customer experiences and streamline operations. Its mobile banking app is among the most highly rated in the industry, offering features like Zelle payments, budgeting tools, and investment options. Additionally, its investment banking division is a leader in mergers and acquisitions, capital markets, and advisory services.

JPMorgan Chase faces challenges such as regulatory scrutiny, cybersecurity threats, and economic uncertainties. However, its strong balance sheet, diversified revenue streams, and commitment to innovation have enabled it to navigate these challenges effectively.

Under the leadership of CEO Jamie Dimon, the company continues to focus on growth opportunities, including sustainability initiatives and expanding its global footprint. With a robust foundation and a clear vision for the future, JPMorgan Chase remains a dominant force in the financial industry.

13. Microsoft – $211,915 Million

Microsoft Corporation, headquartered in Redmond, Washington, generated $211.9 billion in revenue in 2024, solidifying its position as one of the most influential technology companies in the world. Founded in 1975 by Bill Gates and Paul Allen, Microsoft has evolved from a software pioneer into a diversified tech giant.

Microsoft’s flagship products include the Windows operating system, Office productivity suite, and Azure cloud computing platform. Azure, in particular, has been a critical driver of Microsoft’s growth, competing fiercely with Amazon Web Services (AWS) in the cloud space. The company’s focus on AI and machine learning has also propelled it into new markets, with products like OpenAI’s integration into its software ecosystem.

Beyond software, Microsoft has a significant presence in hardware, including the Surface line of devices and the Xbox gaming console. Its acquisition of LinkedIn, GitHub, and Activision Blizzard demonstrates its commitment to expanding its reach across industries.

Microsoft faces competition from other tech giants like Google, Apple, and Amazon, along with regulatory scrutiny over its acquisitions and market practices. However, its consistent innovation, customer-centric approach, and robust financial performance have ensured its sustained leadership.

Under the leadership of CEO Satya Nadella, Microsoft continues to prioritize sustainability, inclusion, and technological empowerment. Its investments in cloud computing, AI, and developer tools underscore its vision to create a future where technology drives positive change worldwide.

14. Cardinal Health – $205,012 Million

Cardinal Health, headquartered in Dublin, Ohio, generated $205 billion in revenue in 2024, ranking it among the top healthcare services and distribution companies in the United States. Founded in 1971, the company specializes in pharmaceutical distribution, medical products, and supply chain solutions.

Cardinal Health plays a critical role in the healthcare system, ensuring that pharmacies, hospitals, and healthcare providers receive the medications and supplies needed to serve patients. Its portfolio includes generic and specialty pharmaceuticals, surgical products, and laboratory essentials. The company also offers data-driven solutions to optimize inventory management and improve patient care.

One of Cardinal Health’s key strengths is its expertise in specialty care, including oncology, rheumatology, and other complex disease areas. It has also invested in technology to enhance supply chain transparency and efficiency, positioning itself as a leader in healthcare logistics.

Like many in the industry, Cardinal Health faces challenges such as pricing pressures, regulatory changes, and competition from peers like McKesson and AmerisourceBergen. Additionally, its involvement in opioid litigation has underscored the need for greater accountability and systemic reform.

Despite these challenges, Cardinal Health continues to prioritize innovation and partnerships to address the evolving needs of the healthcare sector. Its commitment to advancing healthcare delivery ensures its continued relevance in a rapidly changing industry.

15. Chevron – $200,949 Million

Chevron Corporation, based in San Ramon, California, reported $200.9 billion in revenue in 2024, underscoring its position as one of the world’s leading integrated energy companies. Founded in 1879 as part of the Standard Oil legacy, Chevron has a long history of innovation and global reach.

Chevron’s operations span the entire energy value chain, from oil and gas exploration and production to refining, marketing, and distribution. Its portfolio includes conventional oil and gas, liquefied natural gas (LNG), and renewable energy solutions. The company’s refineries produce fuels, lubricants, and petrochemical products used worldwide.

In recent years, Chevron has embraced the transition to cleaner energy, investing in carbon capture, hydrogen, and renewable natural gas projects. It has also committed to reducing its carbon footprint while maintaining its core focus on reliable energy production.

The energy sector faces significant challenges, including price volatility, regulatory pressures, and the global push for decarbonization. Chevron has responded by diversifying its portfolio and emphasizing operational efficiency. Its commitment to shareholder returns through dividends and buybacks has also bolstered investor confidence.

Under CEO Mike Wirth’s leadership, Chevron aims to balance its traditional energy operations with investments in emerging technologies. Its strategic focus on sustainability and innovation positions it to navigate the evolving energy landscape and remain a key player in the global market.

16. Cigna Group – $195,265 Million

Cigna Group, headquartered in Bloomfield, Connecticut, generated $195.3 billion in revenue in 2024, solidifying its position as a leader in the health insurance and services sector. With roots dating back to 1792, Cigna has evolved into a global powerhouse providing health coverage, pharmacy benefits, and wellness solutions.

Cigna’s core offerings include employer-sponsored health plans, Medicare Advantage, Medicaid, and individual coverage. Its pharmacy benefit management (PBM) subsidiary, Express Scripts, plays a critical role in controlling prescription drug costs for millions of customers. The company’s focus on integrated care and affordability has been a cornerstone of its strategy.

Beyond insurance, Cigna emphasizes preventive care, chronic disease management, and mental health services. Its virtual care platform, Evernorth, combines telehealth, analytics, and care delivery to enhance patient outcomes and lower costs.

Cigna faces challenges such as rising healthcare costs, regulatory scrutiny, and competition from insurers like UnitedHealth Group and Anthem (now Elevance Health). However, its diversified business model and focus on innovation have enabled it to adapt to a rapidly changing healthcare landscape.

Looking ahead, Cigna aims to expand its global presence and deepen its focus on value-based care. Its commitment to improving health outcomes while controlling costs ensures its continued leadership in the healthcare industry.

17. Ford Motor – $176,191 Million

Ford Motor Company, based in Dearborn, Michigan, reported $176.2 billion in revenue in 2024, demonstrating its strength as a legacy automaker adapting to the modern automotive landscape. Founded by Henry Ford in 1903, the company revolutionized the industry with the introduction of assembly-line production and vehicles like the Model T.

Ford’s lineup includes iconic vehicles such as the F-Series pickup trucks, Mustang sports cars, and SUVs like the Explorer and Bronco. In recent years, the company has made significant investments in electric vehicles (EVs), with models like the Mustang Mach-E and the F-150 Lightning leading its electrification efforts.

The company has also embraced connectivity and automation, integrating advanced driver-assistance systems (ADAS) and software into its vehicles. Its Ford Pro division focuses on commercial vehicles and fleet management solutions, targeting business customers with tailored services.

Ford faces intense competition from both traditional automakers like General Motors and Toyota and EV pioneers like Tesla. Supply chain disruptions, fluctuating raw material costs, and the transition to clean energy also pose challenges. However, the company’s commitment to innovation and strategic partnerships, such as its collaboration with Volkswagen on EVs, has positioned it for long-term success.

Under CEO Jim Farley, Ford aims to balance its legacy business with investments in future technologies, ensuring that it remains a key player in the global automotive industry.

18. Bank of America – $171,912 Million

Bank of America, headquartered in Charlotte, North Carolina, reported $171.9 billion in revenue in 2024, making it one of the largest financial institutions in the United States. Founded in 1904 as Bank of Italy, it became Bank of America in 1930 following a merger and has grown into a global banking powerhouse.

The bank’s services span retail banking, wealth management, corporate finance, and investment banking. Its retail division serves millions of customers through an extensive branch network, ATMs, and digital platforms. Merrill, its wealth management arm, caters to high-net-worth individuals and institutional clients.

Bank of America has invested heavily in technology to enhance customer experience, introducing features like Erica, an AI-driven financial assistant, and expanding its mobile banking capabilities. These innovations have helped the bank retain its competitive edge in a rapidly evolving financial landscape.

Challenges for the bank include regulatory scrutiny, fluctuating interest rates, and competition from traditional rivals like JPMorgan Chase and emerging fintech firms. Despite these obstacles, its diversified business model and focus on operational efficiency have bolstered its resilience.

Under CEO Brian Moynihan, Bank of America has committed to sustainability and social responsibility, aiming to finance renewable energy projects and support underserved communities. Its balanced approach to growth and corporate citizenship ensures its continued prominence in the global financial sector.

19. General Motors – $171,842 Million

General Motors (GM), headquartered in Detroit, Michigan, generated $171.8 billion in revenue in 2024, reaffirming its status as a cornerstone of the American automotive industry. Established in 1908, GM owns a portfolio of well-known brands, including Chevrolet, GMC, Cadillac, and Buick.

GM has aggressively pursued electrification, with its Ultium battery platform serving as the foundation for a range of electric vehicles (EVs), including the Chevrolet Bolt, GMC Hummer EV, and Cadillac Lyriq. The company aims to transition entirely to zero-emission vehicles by 2035, aligning with global sustainability goals.

In addition to passenger vehicles, GM has expanded into autonomous driving through its subsidiary Cruise, which focuses on self-driving technology for ride-sharing and delivery services. The company is also investing in renewable energy solutions to power its manufacturing facilities.

GM faces challenges from competitors like Ford and Tesla, along with supply chain disruptions and evolving consumer preferences. However, its robust investment in research and development and strategic partnerships have positioned it to lead the transition to clean and connected mobility.

Under CEO Mary Barra, GM has embraced a vision of inclusivity and innovation, aiming to redefine the automotive landscape while maintaining its legacy as a leader in the industry.

20. Elevance Health – $171,340 Million

Elevance Health, formerly known as Anthem, generated $171.3 billion in revenue in 2024, placing it among the largest health insurance providers in the United States. Based in Indianapolis, Indiana, the company serves millions of members across a wide range of health plans.

Elevance Health’s offerings include employer-sponsored insurance, Medicare and Medicaid plans, and individual health coverage. Its affiliated companies, such as Blue Cross Blue Shield, provide comprehensive healthcare solutions tailored to meet diverse needs.

The company emphasizes whole-person care, integrating behavioral health, pharmacy services, and digital tools to improve outcomes. Its investments in telehealth and value-based care demonstrate its commitment to enhancing the patient experience while controlling costs.

Elevance Health faces challenges from rising medical costs, regulatory changes, and competition from peers like UnitedHealth Group and Cigna. However, its focus on innovation and customer-centric care has enabled it to remain a leader in the healthcare sector.

Under the leadership of CEO Gail Boudreaux, Elevance Health has prioritized social impact, aiming to address disparities in healthcare access and outcomes. The company’s dedication to innovation and community well-being underscores its mission to improve lives and communities across the nation.

21. Citigroup – $156,820 Million

Citigroup, commonly known as Citi, reported $156.8 billion in revenue in 2024, solidifying its role as one of the world’s largest and most influential financial services institutions. Headquartered in New York City, Citi operates in more than 160 countries, serving individuals, corporations, and governments with a wide array of financial products and services.

The company’s operations are divided into two primary segments: Global Consumer Banking and Institutional Clients Group. The consumer division focuses on retail banking, credit cards, and wealth management, while the institutional arm handles corporate banking, capital markets, and treasury solutions.

Citi has placed significant emphasis on digital transformation, expanding its online banking platforms and mobile app capabilities to provide a seamless customer experience. Additionally, its global presence and expertise in cross-border transactions have made it a preferred banking partner for multinational corporations.

However, Citi faces challenges such as regulatory scrutiny, competition from traditional rivals and fintech firms, and macroeconomic factors like fluctuating interest rates. Despite these obstacles, its diversified business model and strong global network offer resilience.

Under CEO Jane Fraser, the first woman to lead a major U.S. bank, Citi has pursued strategic restructuring to streamline operations and focus on growth opportunities. Its commitment to sustainability and responsible banking reflects its efforts to adapt to a rapidly changing financial landscape while maintaining its industry leadership.

22. Centene – $153,999 Million

Centene Corporation, a leading healthcare enterprise based in St. Louis, Missouri, generated $154 billion in revenue in 2024, underscoring its pivotal role in the U.S. healthcare system. The company specializes in government-sponsored health plans, including Medicaid, Medicare, and marketplace insurance, serving over 28 million members nationwide.

Centene’s mission is to provide high-quality healthcare to underserved populations, making it a critical player in expanding access to care. Its subsidiary plans, such as Ambetter and WellCare, offer a range of health insurance solutions tailored to meet diverse needs.

The company has invested heavily in technology to enhance member engagement and care coordination. By leveraging data analytics and digital tools, Centene aims to improve health outcomes while controlling costs.

Centene faces challenges from regulatory changes, rising medical costs, and competition from larger peers like UnitedHealth Group. However, its focus on Medicaid expansion and value-based care positions it to capitalize on growth opportunities in the evolving healthcare landscape.

Under CEO Sarah London, Centene continues to prioritize innovation, diversity, and sustainability, ensuring its commitment to improving health equity and delivering value to stakeholders. Its role in addressing the nation’s most pressing healthcare challenges highlights its importance in the industry.

23. Home Depot – $152,669 Million

Home Depot, headquartered in Atlanta, Georgia, reported $152.7 billion in revenue in 2024, reaffirming its status as the largest home improvement retailer in the United States. Since its founding in 1978, the company has become a household name for DIY enthusiasts, contractors, and builders alike.

With over 2,300 stores across North America, Home Depot offers a vast selection of products, ranging from building materials and appliances to tools and garden supplies. Its professional services, including installation and rentals, cater to both residential and commercial customers.

The company has embraced e-commerce, integrating its physical stores with digital platforms to create a seamless omnichannel shopping experience. Initiatives like curbside pickup and same-day delivery have enhanced convenience for customers.

Home Depot faces challenges from competition with Lowe’s and other retailers, as well as economic factors like housing market fluctuations. However, its strategic investments in supply chain efficiency and technology have strengthened its competitive edge.

Under CEO Ted Decker, Home Depot continues to focus on innovation, sustainability, and community engagement. The company’s dedication to empowering its employees and supporting local communities ensures its ongoing success in the dynamic retail landscape.

24. Marathon Petroleum – $150,307 Million

Marathon Petroleum Corporation, headquartered in Findlay, Ohio, reported $150.3 billion in revenue in 2024, highlighting its role as one of the largest petroleum refiners in the United States. The company operates an extensive network of refineries, pipelines, and retail fuel outlets under the Speedway brand.

Marathon Petroleum’s operations span refining, marketing, and transportation, with a refining capacity of over 3 million barrels per day. Its commitment to operational efficiency and cost management has made it a leader in the energy sector.

The company is also investing in renewable fuels and lower-carbon technologies, aligning with industry trends toward sustainability. Its renewable diesel facilities in North Dakota and other initiatives demonstrate its commitment to transitioning to cleaner energy solutions.

Challenges for Marathon Petroleum include fluctuating crude oil prices, regulatory changes, and competition from alternative energy sources. However, its focus on innovation and strategic partnerships positions it for long-term resilience.

Under CEO Michael Hennigan, the company has prioritized shareholder value through disciplined capital allocation and sustainable growth strategies. Its adaptability and forward-looking approach ensure its continued relevance in an evolving energy landscape.

25. Kroger – $150,039 Million

Kroger, the largest supermarket chain in the United States by revenue, generated $150 billion in 2024, showcasing its dominance in the grocery retail industry. Based in Cincinnati, Ohio, Kroger operates nearly 2,800 stores across the country under various banners, including Ralphs, Fred Meyer, and Harris Teeter.

In addition to groceries, Kroger offers pharmacy services, fuel centers, and private-label brands, which contribute significantly to its revenue. Its digital platforms, including online ordering and delivery, have expanded its reach and improved convenience for customers.

Kroger has embraced technology through partnerships and acquisitions, such as its collaboration with Ocado to build automated warehouses and improve supply chain efficiency. Its loyalty program and personalized promotions further enhance customer retention.

The company faces competition from Walmart, Amazon, and regional grocery chains, as well as challenges from inflation and labor costs. However, its diversified offerings and focus on innovation have helped it maintain a competitive edge.

Under CEO Rodney McMullen, Kroger continues to prioritize sustainability and community engagement, aiming to reduce food waste and improve access to fresh food. Its commitment to customer satisfaction and operational excellence positions it as a leader in the grocery retail sector.