Business & Tech

Fortune 500: These Michigan Companies Make 2020 List

The annual Fortune 500 list ranks the top revenue-generating companies in the United States.

Michigan-based General Motors is one of 29 state companies included on Fortune's 2020 list of top companies.
Michigan-based General Motors is one of 29 state companies included on Fortune's 2020 list of top companies. (AP File Photo/Matt Rourke)

Fortune Magazine has released its annual list of the 500 top companies in America, and 29 of those companies are based in Michigan.

Fortune ranks companies by total annual revenue and, for the eighth consecutive year, Walmart topped the 2020 list, followed by Amazon and Exxon Mobil. Apple and CVS Health ranked No. 4 and No. 5, rounding out the top five spots on the list.

To put the rankings in context, the 500 companies on the 2020 list make up two-thirds of the total U.S. gross domestic product.

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The 500 companies employ 29.2 million people worldwide.

Here are the companies in Michigan that made the Fortune 500 list:

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  • No. 12: Ford Motor, $155,900
  • No. 18: General Motors, $137,237
  • No. 78: Dow, $42,951
  • No. 136: Penske Automotive Group, $23,179.4
  • No. 162: Whirlpool, $20,419
  • No. 166: Lear, $19,810.3
  • No. 214: Stryker, $14,884
  • No. 237: Kellogg, $13,578
  • No. 253: DTE Energy, $12,669
  • No. 273: Ally Financial, $11,618
  • No. 312: BorgWarner, $10,168
  • No. 320: Auto-Owners Insurance, $10,007.4
  • No. 369: Autoliv, $8,547.6
  • No. 370: SpartanNash, $8,536.1
  • No. 384: Masco, $8,235
  • No. 443: CMS Energy, $6,845
  • No. 460: American Axle & Manufacturing, $6,530.9
  • No. 521: Kelly Services, $5,355.6
  • No. 606: Universal Forest Products, $4,416
  • No. 609: Meritor, $4,388
  • No. 679: Domino's Pizza, $3,618.8
  • No. 706: Steelcase, $3,443.2
  • No. 708: WABCO Holdings, 3,421.4
  • No. 739: Garrett Motion, 3,248
  • No. 759: Cooper-Standard Holdings, $3,108.4
  • No. 794: Visteon, $2,945
  • No. 864: Herman Miller, $2,567.2
  • No. 928: Wolverine World Wide, $2,273.7
  • No. 979: TCF Financial, $2,052.8

The top 10 companies on the list are:

  1. Walmart
  2. Amazon
  3. Exxon Mobil
  4. Apple
  5. CVS Health
  6. Berkshire Hathaway
  7. UnitedHealth Group
  8. McKesson
  9. AT&T
  10. AmerisourceBergen

You can find the complete list of companies on the Fortune website.

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