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Category: Company Ranking

Fortune 500 List (2010)



Sponsor: Fortune Magazine

Description:
“Wal-Mart knocks Exxon Mobil out of the top slot to rule the Fortune 500 again. See the full list of America's largest corporations, including detailed company profiles and contact information.”

Methodology:
“Companies are ranked by total revenues for their respective fiscal years. Included in the survey are companies that are incorporated in the U.S. and operate in the U.S., and file financial statements with a government agency. This includes private companies and cooperatives that file a 10-K or a comparable financial statement with a government agency, and mutual insurance companies that file with state regulators. It also includes companies that file with a government agency but are owned by private companies, domestic or foreign, that do not file such financial statements. Excluded are private companies not filing with a government agency; companies incorporated outside the U.S.; and U.S. companies owned or controlled by other companies, domestic or foreign, that file with a government agency. Also excluded are companies that failed to report full financial statements for at least three quarters of the current fiscal year. The percent change calculations for revenue, net income, and earnings per share are based on data as originally reported. They are not restated for mergers, acquisitions, or accounting changes. The only changes to the prior years' data are for significant restatement due to reporting errors that require a company to file an amended 10-K.”

Link:
http://money.cnn.com/magazines/fortune/fortune500/2010/index.html

Last Updated:
April 2010

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