The annual ranking of America’s largest companies showed 2021 was an excellent year to be in the oil or real estate business.
For one more year, Dallas-Fort Worth will be able to claim Exxon Mobil as a North Texas-based company for purposes of the annual Fortune 500 ranking.Twenty-three public companies that call Dallas-Fort Worth home earned spots on the newly releasedEngineering giant AECOM joined two of its biggest competitors when it moved its headquarters from Los Angeles to North Texas last August.
With a 57% increase in revenue last year, Exxon Mobil wrested back the top spot from Irving-based pharmaceutical distributor McKesson. Exxon ranked as the nation’s sixth-largest company last year with over $285 billion in revenue. Topping the overall list again was Walmart, which brought in revenue of $572 billion to finish ahead of Amazon and Apple.Together, the 500 corporations on this year’s list generated a record $16.1 trillion in revenue and $1.8 trillion in profits. That was despite rising inflation, ongoing supply chain problems and a second year of the COVID-19 pandemic.
This year’s ranking saw firms make considerable moves up the list as mergers and acquisitions and pandemic-driven demand resulted in sizable revenue swings for airlines such as
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