Business & Tech

Here Are Michigan’s Fortune 500 Companies

The Fortune 500 list has been released. Here are the Michigan companies that made the cut and how much they made.

MICHIGAN — The 64th annual Fortune 500 list is out, and while the usual suspects dominated the top of the list, 30 companies from Michigan were listed too.

The 500 companies account for $12.8 trillion in revenue — two-thirds of America’s gross domestic product — employ more than 28 million people across the globe. In other words, they’re vital to the global economy.
You’ll recognize many of the top companies — Walmart topped the list for the sixth straight year and Amazon cracked the top 10 — but you might not know all the companies from our state. The highest ranked company in Michigan was General Motors, followed by Ford Motor and Dow DuPont.

Here are all the Fortune 500 companies in Michigan:

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  • General Motors
    • Rank: 10
    • Revenues ($M): $157,311
  • Ford Motor
    • Rank: 11
    • Revenues ($M): $156,776
  • DowDuPont
    • Rank: 47
    • Revenues ($M): $62,683
  • Penske Automotive Group
    • Rank: 139
    • Revenues ($M): $21,389
  • Whirlpool
    • Rank: 140
    • Revenues ($M): $21,253
  • Lear
    • Rank: 148
    • Revenues ($M): $20,467
  • Kellogg
    • Rank: 226
    • Revenues ($M): $12,923
  • DTE Energy
    • Rank: 232
    • Revenues ($M): $12,607
  • Stryker
    • Rank: 240
    • Revenues ($M): $12,444
  • Autoliv
    • Rank: 289
    • Revenues ($M): $10,382.6
  • Ally Financial
    • Rank: 299
    • Revenues ($M): $9,866
  • BorgWarner
    • Rank: 301
    • Revenues ($M): $9,799.3
  • SpartanNash
    • Rank: 351
    • Revenues ($M): $8,128.1
  • Masco
    • Rank: 373
    • Revenues ($M): $7,644
  • Auto-Owners Insurance
    • Rank: 375
    • Revenues ($M): $7,603.7
  • CMS Energy
    • Rank: 429
    • Revenues ($M): $6,583
  • American Axle & Manufacturing
    • Rank: 449
    • Revenues ($M): $6,266
  • Kelly Services
    • Rank: 503
    • Revenues ($M): $5,374.4
  • Diplomat Pharmacy
    • Rank: 556
    • Revenues ($M): $4,485.2
  • Universal Forest Products
    • Rank: 610
    • Revenues ($M): $3,941.2
  • Cooper-Standard Holdings
    • Rank: 644
    • Revenues ($M): $3,618.1
  • Meritor
    • Rank: 692
    • Revenues ($M): $3,347
  • WABCO
    • Rank: 700
    • Revenues ($M): $3,304.2
  • Visteon
    • Rank: 717
    • Revenues ($M): $3,146
  • Steelcase
    • Rank: 728
    • Revenues ($M): $3,032.4
  • Domino’s Pizza
    • Rank: 776
    • Revenues ($M): $2,788
  • Wolverine World Wide
    • Rank: 862
    • Revenues ($M): $2,350
  • Herman Miller
    • Rank: 883
    • Revenues ($M): $2,278.2

Overall, Exxon Mobil, Berkshire Hathaway, Apple and UnitedHealth Group rounded out the top five. Apple was the most valuable and profitable company on the list with $850 billion in market cap and $48 billion in profits, the magazine said.

CVS Health ranked No. 7, followed by Amazon at 8, AT&T at 9 and General Motors at 10.

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Here are some other big names on the list:

  • General Electric
    • Rank: 18
    • Revenues ($M): $122,274
    • HQ Location: Boston, Massachusetts
  • Boeing
    • Rank: 27
    • Revenues ($M): $ 93,392
    • HQ Location: Chicago, Illinois
  • Comcast
    • Rank: 33
    • Revenues ($M): $84,526
    • HQ Location: Philadelphia, Pennsylvania
  • Pepsi Co
    • Rank: 45
    • Revenues ($M): $63,525
    • HQ location: Purchase, New York
  • Coca-Cola
    • Rank: 87
    • Revenues ($M): $35,410
    • HQ location: Atlanta, Georgia
  • Tesla
    • Rank: 260
    • Revenues ($M): $11,758.8
    • HQ location: Palo Alto, California
  • Netflix
    • Rank: 261
    • Revenues ($M): $11,692.7
    • HQ location: Los Gatos, California

The threshold for making this year’s list was $5.4 billion in revenues, Fortune says. That’s 6 percent more than 2017.

Fifty-four firms have appeared in every Fortune 500 list since 1955, including GE, GM, Chevron and Exxon Mobil. On the flip side, 17 companies made the list for the first time, including Ulta Beauty.

New York, California and Texas had the most Fortune 500 companies of all states, with 58, 49 and 48, respectively.

Just 24 companies on the list are headed by women, the magazine said.

Click here to see the full rankings and company profiles.

Patch reporter Dan Hampton contributed to this report.

Photo credit: Shutterstock

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