Fortune 500 and Fortune 1000 Companies in Richmond
Updated Sep 7, 2024
As of 2024, there are currently 6 Fortune 500 companies and 9 Fortune 1000 companies headquartered in Richmond, Virginia. These companies in total generate $149 billion in annual revenue, $12 billion in annual profit and employ 194,000 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.
Richmond, Virginia, is home to several Fortune 500 and Fortune 1000 companies, making it an important hub for business and economic activity in the region. The city’s strategic location, coupled with its strong infrastructure and skilled workforce, attracts corporations across various sectors, from finance to manufacturing. These companies contribute significantly to the local economy, offering employment opportunities and driving growth in the region.
In this article, we provide a detailed list of the Fortune 500 and Fortune 1000 companies headquartered in Richmond. This list highlights the major players in the city’s corporate ecosystem and offers insights into their industries, revenue, and impact on the local community.
| Rank | Company | Ticker | Industry | State | City | Revenues (millions) | Profits (millions) | Assets (millions) | Market Value (millions) | Employees |
|---|---|---|---|---|---|---|---|---|---|---|
| 84 | Performance Food Group | PFGC | Wholesalers: Food and Grocery | Virginia | Richmond | $53,354.7 | $397.2 | $12,499 | $11,612.9 | 34,825 |
| 141 | CarMax | KMX | Automotive Retailing, Services | Virginia | Richmond | $31,126.4 | $484.8 | $26,182.7 | $13,756.5 | 30,621 |
| 196 | Altria Group | MO | Tobacco | Virginia | Richmond | $20,502 | $8,130 | $38,570 | $76,922.2 | 6,400 |
| 230 | Dominion Energy | D | Utilities: Gas and Electric | Virginia | Richmond | $17,867 | $1,994 | $109,032 | $41,201.2 | 17,700 |
| 453 | ARKO | ARKO | Specialty Retailers: Other | Virginia | Richmond | $8,238.8 | $34.4 | $3,650.4 | $662.2 | 13,481 |
| 477 | Genworth Financial | GNW | Insurance: Life, Health (stock) | Virginia | Richmond | $7,488 | $76 | $90,817 | $2,825.7 | 2,700 |
| 655 | Brink's | BCO | Diversified Outsourcing Services | Virginia | Richmond | $4,874.6 | $87.7 | $6,601.8 | $4,131.7 | 67,100 |
| 956 | NewMarket | NEU | Chemicals | Virginia | Richmond | $2,698.4 | $388.9 | $2,308.9 | $6,085.6 | 2,000 |
| 979 | Universal | UVV | Tobacco | Virginia | Richmond | $2,569.8 | $124.1 | $2,639.2 | $1,270.9 | 19,600 |