Updated Sep 7, 2024
As of 2024, there are currently 3 Fortune 500 companies and 7 Fortune 1000 companies headquartered in Philadelphia, Pennsylvania. These companies in total generate $180 billion in annual revenue, $17 billion in annual profit and employ 541,000 people.
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.
Philadelphia, one of the largest and most historic cities in the United States, is home to a diverse and thriving business community. Known for its rich cultural heritage and strategic location in the Northeast Corridor, the city has attracted a variety of industries, from healthcare to finance and technology. The presence of major universities and a robust infrastructure has also made Philadelphia a hub for innovation and economic growth. As a result, several Fortune 500 and 1000 companies have chosen to establish their headquarters or significant operations in the city, contributing to its status as a key player in the national economy.
The influence of these companies is far-reaching, not only driving the local economy but also shaping industries on a national and global scale. From telecommunications giants to pharmaceutical leaders, Philadelphia's corporate landscape is diverse, providing a strong foundation for employment, community development, and technological advancement. These companies play a critical role in fostering a competitive business environment while also investing in the city's future through corporate responsibility initiatives and partnerships with local organizations.
Rank | Company | Ticker | Industry | State | City | Revenues (millions) | Profits (millions) | Assets (millions) | Market Value (millions) | Employees |
---|---|---|---|---|---|---|---|---|---|---|
33 | Comcast | CMCSA | Telecommunications | Pennsylvania | Philadelphia | $121,572 | $15,388 | $264,811 | $172,180 | 186,000 |
171 | Rite Aid | RADCQ | Food & Drug Stores | Pennsylvania | Philadelphia | $24,091.9 | $-749.9 | $7,527.4 | $9 | 47,000 |
220 | Aramark | ARMK | Diversified Outsourcing Services | Pennsylvania | Philadelphia | $18,853.9 | $674.1 | $16,871.2 | $8,535 | 262,550 |
635 | Urban Outfitters | URBN | Specialty Retailers: Apparel | Pennsylvania | Philadelphia | $5,153.2 | $287.7 | $4,111.2 | $4,028.8 | 19,460 |
688 | FMC | FMC | Chemicals | Pennsylvania | Philadelphia | $4,486.8 | $1,321.5 | $11,926.2 | $7,950.8 | 6,600 |
808 | Five Below | FIVE | Specialty Retailers: Other | Pennsylvania | Philadelphia | $3,559.4 | $301.1 | $3,872 | $10,018.5 | 14,500 |
987 | Carpenter Technology | CRS | Metals | Pennsylvania | Philadelphia | $2,550.3 | $56.4 | $3,053.9 | $3,529 | 4,500 |