Fortune 500 and Fortune 1000 Companies in Minneapolis

Updated Jun 12, 2025

As of 2025, there are currently 6 Fortune 500 companies and 7 Fortune 1000 companies headquartered in Minneapolis, Minnesota. These companies in total generate $215 billion in annual revenue, $19 billion in annual profit and employ 587,000 people.

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Photograph of Minneapolis, Minnesota. Photo by Ken Lund. Licensed under CC BY-SA 2.0.

A Fortune 500 company is one of the 500 largest corporations in the United States, ranked by total revenue for their respective fiscal years. These companies are known for their significant influence on the economy, often leading their industries and driving innovation and job creation. The Fortune 1000 list expands on this by including the top 1,000 companies, offering a broader perspective on the nation's corporate landscape.

Minneapolis, Minnesota, serves as a major hub for Fortune 500 and Fortune 1000 companies, contributing to the city's status as a powerhouse of business and economic activity in the Midwest. Its central location, robust infrastructure, and highly educated workforce make it an attractive base for corporations in various industries, including retail, healthcare, and finance. These companies play a pivotal role in the local economy, providing jobs and fostering regional growth.

In this article, we offer a comprehensive list of the Fortune 500 and Fortune 1000 companies headquartered in Minneapolis. This list spotlights the key players in the city’s corporate environment, offering insights into their industries, revenue, and their broader impact on the Minneapolis community.

RankCompanyTickerIndustryStateCityRevenues (millions)Profits (millions)Assets (millions)Market Value (millions)Employees
41TargetTGTGeneral MerchandisersMinnesotaMinneapolis$106,566$4,091$57,769$47,544440,000
105U.S. BancorpUSBCommercial BanksMinnesotaMinneapolis$42,712$6,299$678,318$65,779.270,263
216General MillsGISFood Consumer ProductsMinnesotaMinneapolis$19,857.2$2,496.6$31,469.9$32,74134,000
230Ameriprise FinancialAMPDiversified FinancialsMinnesotaMinneapolis$17,926$3,401$181,403$46,384.513,600
319Xcel EnergyXELUtilities: Gas and ElectricMinnesotaMinneapolis$13,441$1,936$70,035$40,672.611,380
388Thrivent Financial for Lutherans~Insurance: Life, Health (Mutual)MinnesotaMinneapolis$10,918.3$585.7$119,415.7~3,983
833DonaldsonDCIIndustrial MachineryMinnesotaMinneapolis$3,586.3$414$2,914.3$8,014.914,000