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Fortune 500 | Companies, Definition, Global, & Facts - Britannica. Fortune 500, annual list published by Fortune magazine ranking 500 of the largest companies incorporated and operated in the United States. In relation to this, using publicly available data, Fortune ranks public and private companies on the basis of their previous year’s annual revenue.
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Furthermore, the most recognized barometer of American business leadership, ranking the country’s largest corporations, including breakdowns by performance, industry and location. Fortune 500 - Wikipedia. As of 2020, the Fortune 500 companies represent approximately two-thirds of the United States' gross domestic product with approximately $14.2 trillion in revenue, $1.2 trillion in profits, and $20.4 trillion in total market value.
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