The ten largest companies in the United States based upon yearly sales in billions of dollars.
These are the ten largest companies in the United States based upon sales. The two largest companies in the country are also the two largest companies in the world. The notable absence on the list is Bank of America which has seen its sales slip badly this year as the financial crisis took its toll on most banks and financial companies.
1) Wal-Mart (WMT) - $419 billion dollars in yearly sales
Image Source by Jared C. Benedict
With $419 billion dollars in yearly sales retailer Wal-Mart is the biggest company in the United States and the world. Wal-Mart uses its great size to force manufacturers and producers to give Wal-Mart steep discounts which the company passes on to its customers thereby squeezing its competition into submission. Wal-Mart is based in Bentonville, Arkansas and was founded by Sam Walton.
2) Exxon-Mobile (XOM) - $330 billion
Image Source by azrainman (Exxon-Mobile after oil becomes obsolete in a 100 years)
Exxon-Mobile is the second largest company in the United States and the world with $330 billion dollars of annual revenue. Exxon-Mobile is the largest oil and gas company in the world and is based in Irving, Texas. Exxon-Mobil is a descendant company started by John D. Rockefeller.
3) Chevron (CVX) - $186 billion
Image Source by Coolcaeser
Chevron is based in San Ramon, California and with $186 billion in sales is the 3rd largest company in the United States and 2nd largest oil company in the USA. Chevron is the 12th largest company in the world and 7th largest oil and gas company on the planet.
4) ConocoPhillips (COP) - $167 billion
ConocoPhillips is based in Houston, Texas and with $167 billion in sales ranks as the 4th largest company in the United States and 13th largest in the world. ConocoPhillips is also the 8th largest oil and gas company in the world and 3rd largest in the USA.
5) General Electric (GE) - $151 billion
General Electric is a huge conglomerate company based in Fairfield, Connecticut that was founded by Thomas Edison in 1890. Today the company has $151 billion dollars in sales and ranks as the 5th largest company in the United States and 15th largest in the world. Edison was a brilliant inventor but not a financier as he sold off most of his GE stock and invested the money in a mining company that went bust.
6) Ford Motor Company (F) - $133 billion
Image Source (Ford Model T circa 1910)
Dearborn, Michigan based Ford Motor is the 6th largest company in the United States and 21st largest in the world. Sales at Ford surged as GM slid into bankruptcy. Now that GM has re-emerged it remains to be seen if the sales will continue. Henry Ford started Ford Motor in 1903.
7) Berkshire Hathaway (BRKA or BRKB) - $130 billion
Image Source (Buffet and Obama - is he asking for another corporate tax break?)
Omaha, Nebraska based Berkshire Hathaway is the 7th largest company in the United States and 23nd largest company in the world with revenue of $130 billion dollars. Berkshire Hathaway is the investment vehicle of billionaire Warren Buffet who mainly runs the company as an insurance holding company so he can take advantage of the ridiculous tax breaks Congress gives to such companies. Buffet rails against low tax rates for the rich but he built his fortune taking advantage of every corporate tax break he could find. His father was a Congressman from Nebraska.
8) Hewlett-Packard (HPQ) - $126 billion
Image Source (Hewlett Packard's new Tablet PC)
Computer maker Hewlett-Packard is based in Palo Alto, California and is the 8th largest company in the United States and 25th largest in the world with sales of $126 billion dollars. Hewlett-Packard is the largest computer maker in the world based upon revenues.
9) AT&T (T) - $124 billion
AT&T is now headquartered in Dallas, Texas after its 2005 merger with Southwestern Bell. AT&T is the 9th largest company in the United States and 26th largest in the world. AT&T is still the largest telecommunications company in the USA and the world.
10) McKesson (MCK) - $110 billion
McKesson is the largest health care company in the USA and the world. McKesson rounds out the list of the ten largest companies in the United States. All the companies on this list are public as McKesson barely beats out Cargill which with sales of $109 billion dollars is the largest private company in America.
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Revenue stats from Yahoo! Finance