Fortune 100 Companies List of 2022

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The Fortune 100 companies are a list of America’s top 100 corporations. It is a revenue-based ranking of the top 100 public and private companies in the United States, including Walmart, Amazon, Apple, CVS Health, and others for 2022. Fortune magazine compiled this list using annual revenue statistics reported to a government agency. The list is a subset of the Fortune 500, a ranking of the 500 most profitable public and private companies.

What is Fortune?

Fortune is a well-known business magazine based in New York City. On a regular basis, the magazine publishes lists of the most profitable public and private companies. Every year, Fortune magazine publishes two of the most popular lists: the Fortune 500 and the Fortune 100. The company is a global media company dedicated to giving readers, viewers, and attendees unprecedented access and best-in-class storytelling to help them succeed in business.

Fortune was first published in 1929 by the Atlantic Monthly Company. The magazine was initially billed as “The Ideal Super-Class Magazine,” depicting the most prominent enterprises and individuals of the time. Since its inception, Fortune has been published monthly, and weekly since 1978. As of 2018, Fortune magazine is published 14 times per year.

Fortune Magazine’s Editorial Standards

Fortune magazine strives to publish journalism that is accurate, fair, transparent, and legal. Fortune’s content is available in print, online, and on mobile devices.

Its main goal is to educate readers and viewers. The company’s content reflects the firm’s dedication to quality and honesty, as well as the fact that the firm’s reputation is founded on these journalistic ideals.

Who Was the Founder of Fortune?

After the death of his Yale friend Briton Hadden during the Great Depression, American magazine entrepreneur Henry Robinson Luce founded Fortune magazine. Before joining Fortune, Henry Robinson Luce co-founded Time magazine with Briton Hadden.

Luce was born on April 3, 1898, in Penglai, Shandong, China. He attended several Chinese and English boarding schools in China. He first met Briton Hadden when he was 15 years old in Connecticut. Following that, they both went to Yale College to study. Following that, Henry attended Oxford University for postgraduate studies.

What Kinds of Lists Does Fortune Produce?

Fortune magazine publishes a number of business-related lists each year. The magazine also publishes the following important lists:

Fortune 100
Fortune 500
Fortune 1000
Fortune Global 500
Fortune India 500
40 Under 40
Most Powerful Women
100 Best Companies to Work For
World’s Most Admired Companies
100 Fastest Growing Companies
The Unicorn List
Businessperson of the Year

The Fortune 100’s requirements

The magazine’s editors were originally more strict about which business areas were featured. From 1955 to 1994, the Fortune 100 list only included companies in the manufacturing, mining, and energy industries. Many of the country’s highest-earning corporations were excluded. Fortune, on the other hand, published individual sector lists for the top 50 firms in the banking, utilities, insurance, retail, and transportation industries.

In 1994, Fortune expanded its list of corporations to include service businesses, allowing many newcomers to join. This change resulted in the inclusion of many new companies on the Fortune 100 list, as well as a significant increase in the amount of annual revenue required to qualify for the prestigious list. To make the Fortune 100 list in 1995, a company’s revenue had to be $10.9 billion, up from $5.3 billion in 1994.

What Is the Function of the Fortune 100?

Companies that submit financial data to a US government agency are available in the Fortune 100. Private businesses are typically exempt from this. Foreign subsidiaries established in the United States are also excluded.

When sales are presented consolidated, the Fortune 100 ranks companies based on revenue, which frequently includes revenue from discontinued operations. Each company’s after-tax profits, assets, shareholders’ equity, market valuation, and earnings per share are also included on the list. Each company’s overall return to investors is also included, which includes price appreciation and dividends reinvested in the most popularly held or actively traded class of stock.

What is the significance of the Fortune 100?

The Fortune 100 is a subset of the Fortune 500, which is a comprehensive ranking of the largest and most powerful corporations in the United States. The Fortune 100 list includes the largest companies from the Fortune 500.

International Investor Oskar Hartmann: Fortune lists are an excellent way to keep track of the most successful companies that any entrepreneur should emulate. Even the drop caused by management failure could be an opportunity to figure out what was wrong. If you understand why a mistake occurred, you will not make the same mistake again.

A drop in rank or failure to make the list could indicate or reflect trouble for the company or the industry as a whole, whereas moving up the list typically indicates good news.