Fortune 500 Companies by State 2026: Texas Leads With 57 Headquarters
Fortune 500 companies by state for 2026: Texas leads with 57 headquarters, California has 56 and New York 53. Full 39-state ranking with revenue, biggest companies, gains and losses, and city counts. Checked 12 October 2026.
Texas is home to 57 Fortune 500 companies in 2026, the most of any state and its highest total since 2010 (Fortune). California follows with 56 and New York with 53.
This report ranks every state with a Fortune 500 headquarters by company count, combined revenue, and largest company. Then it answers the city questions people search most, from Atlanta to St. Louis.
Checked 12 October 2026. Counts come from the 2026 Fortune 500 (published 3 June 2026), compared with the 2025 Fortune 500.
Key Takeaways
- Texas leads with 57 Fortune 500 headquarters, up 3 from 2025 (Fortune)
- California has 56 and New York 53; the top three hold 33.2% of the list (Fortune)
- California's companies are worth $20 trillion, the most of any state (Fortune)
- Illinois lost the most headquarters, falling 3 to 29 (Fortune)
- 12 states have no Fortune 500 headquarters, including Utah and New Hampshire (Fortune)
Which state has the most Fortune 500 companies in 2026?
Texas has the most, with 57 companies and about $2.8 trillion in combined revenue, ahead of California's 56 companies (about $2.7 trillion) and New York's 53 (about $2.2 trillion) (Fortune).
That dethroned California, which led the 2025 list with 58 headquarters to Texas' 54 (Fortune 2025 ranking).
The margin is thin. One relocation or one acquisition could flip the order again on the 2027 list.
Fortune 500 companies by state: the full 2026 ranking
Fortune counts 39 states because it includes Washington, D.C. (Fortune). The table ranks all of them by headquarters count, with combined revenue as the tiebreaker.
| Rank | State | 2026 HQs | Change vs 2025 | Combined revenue | Largest company |
|---|---|---|---|---|---|
| 1 | Texas | 57 | +3 | $2.77T | McKesson (No. 8) |
| 2 | California | 56 | -2 | $2.70T | Apple (No. 4) |
| 3 | New York | 53 | 0 | $2.24T | JPMorgan Chase (No. 12) |
| 4 | Ohio | 29 | +1 | $1.08T | Cardinal Health (No. 15) |
| 5 | Illinois | 29 | -3 | $899.1B | State Farm Insurance (No. 32) |
| 6 | Virginia | 24 | -1 | $807.9B | Freddie Mac (No. 33) |
| 7 | Florida | 22 | 0 | $452.9B | Publix Super Markets (No. 72) |
| 8 | Pennsylvania | 20 | +1 | $712.8B | Cencora (No. 10) |
| 9 | Minnesota | 18 | +1 | $855.5B | UnitedHealth Group (No. 3) |
| 10 | Georgia | 16 | -1 | $548.3B | Home Depot (No. 25) |
| 11 | Connecticut | 15 | 0 | $580.9B | Cigna Group (No. 14) |
| 12 | New Jersey | 15 | 0 | $442.3B | Johnson & Johnson (No. 45) |
| 13 | Massachusetts | 15 | -1 | $391.8B | TJX (No. 79) |
| 14 | Michigan | 14 | -1 | $598.5B | Ford Motor (No. 22) |
| 15 | North Carolina | 12 | +1 | $489.4B | Bank of America (No. 20) |
| 16 | Tennessee | 11 | 0 | $325.9B | FedEx (No. 50) |
| 17 | Washington | 9 | -2 | $1.41T | Amazon (No. 1) |
| 18 | Missouri | 9 | +1 | $309.3B | Centene (No. 19) |
| 19 | Arizona | 9 | 0 | $132.0B | Freeport-McMoRan (No. 177) |
| 20 | Wisconsin | 8 | 0 | $146.5B | Northwestern Mutual (No. 109) |
| 21 | Indiana | 7 | -1 | $351.4B | Elevance Health (No. 18) |
| 22 | Colorado | 7 | -1 | $114.0B | Arrow Electronics (No. 148) |
| 23 | Rhode Island | 5 | 0 | $471.8B | CVS Health (No. 6) |
| 24 | Oklahoma | 5 | +2 | $82.6B | Oneok (No. 138) |
| 25 | Arkansas | 4 | 0 | $796.6B | Walmart (No. 2) |
| 26 | Nebraska | 4 | 0 | $429.7B | Berkshire Hathaway (No. 7) |
| 27 | Washington, D.C. | 3 | 0 | $192.8B | Fannie Mae (No. 26) |
| 28 | Kentucky | 3 | 0 | $152.0B | Humana (No. 34) |
| 29 | Maryland | 3 | 0 | $126.8B | Lockheed Martin (No. 61) |
| 30 | Nevada | 3 | 0 | $42.0B | MGM Resorts International (No. 253) |
| 31 | Idaho | 2 | 0 | $117.8B | Albertsons (No. 57) |
| 32 | Oregon | 2 | 0 | $84.4B | Nike (No. 99) |
| 33 | Iowa | 2 | 0 | $31.6B | Casey's General Stores (No. 282) |
| 34 | Louisiana | 2 | 0 | $25.3B | Entergy (No. 340) |
| 35 | Alabama | 2 | 0 | $17.5B | Regions Financial (No. 428) |
| 36 | Delaware | 2 | +1 | $16.3B | Marvell Technology (No. 476) |
| 37 | South Dakota | 1 | +1 (new state) | $16.2B | Bitgo Holdings (No. 278) |
| 38 | Kansas | 1 | 0 | $9.7B | Seaboard (No. 426) |
| 39 | South Carolina | 1 | +1 (new state) | $7.8B | Sonoco Products (No. 489) |
Source: headquarters state, revenue and rank from the 2026 Fortune 500 ranking; 2025 counts from the 2025 Fortune 500 ranking. Totals tallied by Best Firms; revenue is fiscal 2025, rounded. Checked 12 October 2026.
Washington shows why count alone misleads. Its 9 companies, led by Amazon and Microsoft, booked $1.41 trillion in revenue, more than Ohio's 29 companies (Fortune 2026 ranking).
Arkansas makes the same point with 4 companies and $796.6 billion in revenue, almost all of it from Walmart (Fortune 2026 ranking).
States that gained and lost Fortune 500 headquarters
The list turned over 22 companies in 2026: 22 left and 22 replacements came in (Fortune). That churn moved the state counts.
Biggest gainers
- Texas: +3, to 57, including newcomers Comfort Systems USA, Coterra Energy and Primoris Services (Fortune 2026 ranking)
- Oklahoma: +2, to 5, as Expand Energy and Continental Resources joined (Fortune 2026 ranking)
- South Dakota and South Carolina: first headquarters each, BitGo Holdings and Sonoco Products (Fortune 2026 ranking)
- Ohio, Pennsylvania, Minnesota, North Carolina, Missouri, Delaware: +1 each (Fortune 2026 ranking)
Biggest losers
- Illinois: -3, to 29, after Walgreens Boots Alliance, Discover, Kellanova and Ingredion left the list (Fortune 2026 ranking)
- California: -2, to 56, with Electronic Arts, Skechers and Endeavor gone (Fortune 2026 ranking)
- Washington: -2, to 9, including the Nordstrom take-private (Fortune)
- Virginia, Georgia, Massachusetts, Michigan, Indiana, Colorado: -1 each (Fortune 2026 ranking)
Here's the pattern. Deals drove several exits: Walgreens Boots Alliance was acquired by Sycamore Partners and Nordstrom went private (Fortune). Others slipped under the $7.5 billion revenue cutoff (Fortune).
The top 10 states for Fortune 500 companies
Each profile below uses Fortune's 2026 data: headquarters count, combined revenue and profit, worldwide employees, and the biggest names.
1. Texas: 57 companies
Texas added three headquarters and passed California. Houston alone hosts 25 companies, Dallas 11, and Austin just two (Tesla and Oracle).
- Headquarters: 57, up 3 from 54 in 2025 (Fortune 2026 ranking)
- Combined revenue: $2.77 trillion (Fortune 2026 ranking)
- Combined profit: $190.0 billion (Fortune 2026 ranking)
- Employees worldwide: 2.49 million (Fortune 2026 ranking)
- Largest companies: McKesson (No. 8, Irving), Exxon Mobil (No. 9, Spring), Chevron (No. 21, Houston)
- Most common sector: Energy, 23 companies (Fortune 2026 ranking)
2. California: 56 companies
California lost two companies but still dominates on value. Its list companies are the most profitable ($647 billion) and most valuable ($20 trillion) of any state.
- Headquarters: 56, down 2 from 58 in 2025 (Fortune 2026 ranking)
- Combined revenue: $2.70 trillion (Fortune 2026 ranking)
- Combined profit: $646.6 billion (Fortune 2026 ranking)
- Employees worldwide: 2.84 million (Fortune 2026 ranking)
- Largest companies: Apple (No. 4, Cupertino), Alphabet (No. 5, Mountain View), Nvidia (No. 16, Santa Clara)
- Most common sector: Technology, 28 companies (Fortune 2026 ranking)
Those profit and market value totals come from Fortune's release and Best Firms' tally of the 2026 ranking (Texas: $5.75 trillion market value, $190.0 billion profit).
3. New York: 53 companies
New York held flat at 53, and 43 of those sit in New York City. Wall Street sets the mix: 25 of the state's companies are financials.
- Headquarters: 53, unchanged from 53 in 2025 (Fortune 2026 ranking)
- Combined revenue: $2.24 trillion (Fortune 2026 ranking)
- Combined profit: $239.3 billion (Fortune 2026 ranking)
- Employees worldwide: 2.78 million (Fortune 2026 ranking)
- Largest companies: JPMorgan Chase (No. 12, New York), Citigroup (No. 24, New York), Verizon Communications (No. 28, New York)
- Most common sector: Financials, 25 companies (Fortune 2026 ranking)
4. Ohio: 29 companies
Ohio gained one company and moved into a tie for fourth. Cincinnati and Dublin carry the revenue, led by Cardinal Health and Kroger.
- Headquarters: 29, up 1 from 28 in 2025 (Fortune 2026 ranking)
- Combined revenue: $1.08 trillion (Fortune 2026 ranking)
- Combined profit: $70.2 billion (Fortune 2026 ranking)
- Employees worldwide: 1.28 million (Fortune 2026 ranking)
- Largest companies: Cardinal Health (No. 15, Dublin), Kroger (No. 27, Cincinnati), Marathon Petroleum (No. 30, Findlay)
- Most common sector: Financials, 9 companies (Fortune 2026 ranking)
5. Illinois: 29 companies
Illinois lost more headquarters than any other state in 2026. Walgreens Boots Alliance, Discover, Kellanova and Ingredion all dropped off the list.
- Headquarters: 29, down 3 from 32 in 2025 (Fortune 2026 ranking)
- Combined revenue: $899.1 billion (Fortune 2026 ranking)
- Combined profit: $69.6 billion (Fortune 2026 ranking)
- Employees worldwide: 1.42 million (Fortune 2026 ranking)
- Largest companies: State Farm Insurance (No. 32, Bloomington), Archer Daniels Midland (No. 58, Chicago), Allstate (No. 64, Northbrook)
- Most common sector: Financials, 6 companies (Fortune 2026 ranking)
6. Virginia: 24 companies
Northern Virginia's government-contracting belt drives the count. Aerospace and defense and technology tie as the top sectors with five companies each.
- Headquarters: 24, down 1 from 25 in 2025 (Fortune 2026 ranking)
- Combined revenue: $807.9 billion (Fortune 2026 ranking)
- Combined profit: $55.8 billion (Fortune 2026 ranking)
- Employees worldwide: 1.43 million (Fortune 2026 ranking)
- Largest companies: Freddie Mac (No. 33, McLean), Boeing (No. 47, Arlington), RTX (No. 49, Arlington)
- Most common sector: Aerospace & Defense, 5 companies (Fortune 2026 ranking)
7. Florida: 22 companies
Florida held at 22 with no single dominant metro. Publix in Lakeland is the state's largest company, followed by Miami's World Kinect.
- Headquarters: 22, unchanged from 22 in 2025 (Fortune 2026 ranking)
- Combined revenue: $452.9 billion (Fortune 2026 ranking)
- Combined profit: $27.4 billion (Fortune 2026 ranking)
- Employees worldwide: 1.07 million (Fortune 2026 ranking)
- Largest companies: Publix Super Markets (No. 72, Lakeland), World Kinect (No. 128, Miami), Lennar Corporation (No. 135, Miami)
- Most common sector: Financials, 4 companies (Fortune 2026 ranking)
8. Pennsylvania: 20 companies
Pennsylvania added one company, the energy producer EQT in Pittsburgh. Cencora is the state's only top-10 company.
- Headquarters: 20, up 1 from 19 in 2025 (Fortune 2026 ranking)
- Combined revenue: $712.8 billion (Fortune 2026 ranking)
- Combined profit: $37.4 billion (Fortune 2026 ranking)
- Employees worldwide: 973,000 (Fortune 2026 ranking)
- Largest companies: Cencora (No. 10, Conshohocken), Comcast (No. 37, Philadelphia), PNC Financial Services Group (No. 136, Pittsburgh)
- Most common sector: Health Care, 3 companies (Fortune 2026 ranking)
9. Minnesota: 18 companies
Minnesota punches above its population with 18 headquarters. UnitedHealth Group at No. 3 alone books more revenue than most states' entire lists.
- Headquarters: 18, up 1 from 17 in 2025 (Fortune 2026 ranking)
- Combined revenue: $855.5 billion (Fortune 2026 ranking)
- Combined profit: $43.7 billion (Fortune 2026 ranking)
- Employees worldwide: 1.26 million (Fortune 2026 ranking)
- Largest companies: UnitedHealth Group (No. 3, Eden Prairie), Target (No. 42, Minneapolis), U.S. Bancorp (No. 110, Minneapolis)
- Most common sector: Financials, 4 companies (Fortune 2026 ranking)
10. Georgia: 16 companies
Georgia lost one company, but Atlanta's 13 headquarters still rank fourth among US cities, one behind Chicago. Home Depot and UPS lead the state.
- Headquarters: 16, down 1 from 17 in 2025 (Fortune 2026 ranking)
- Combined revenue: $548.3 billion (Fortune 2026 ranking)
- Combined profit: $58.6 billion (Fortune 2026 ranking)
- Employees worldwide: 1.28 million (Fortune 2026 ranking)
- Largest companies: Home Depot (No. 25, Atlanta), UPS (No. 48, Atlanta), Delta Air Lines (No. 71, Atlanta)
- Most common sector: Transportation, 3 companies (Fortune 2026 ranking)
Fortune 500 companies by city
The 2026 list spans 229 cities. New York City leads with 43 headquarters, followed by Houston (25), Chicago (14), Atlanta (13), and Dallas (11) (Fortune). See the full Fortune 500 companies by city report for every city.
| City | Fortune 500 HQs | Notable companies |
|---|---|---|
| New York City, NY | 43 | JPMorgan Chase, Citigroup, Verizon |
| Houston, TX | 25 | Chevron, Phillips 66, Sysco |
| Chicago, IL | 14 | Archer Daniels Midland, United Airlines, McDonald's |
| Atlanta, GA | 13 | Home Depot, UPS, Delta Air Lines |
| Dallas, TX | 11 | AT&T, Energy Transfer, CBRE Group |
| San Francisco, CA | 9 | Wells Fargo, Uber, Salesforce |
| Irving, TX | 8 | McKesson, Caterpillar, Kimberly-Clark |
| Pittsburgh, PA | 7 | PNC Financial, PPG Industries, EQT |
| San Jose, CA | 7 | Cisco Systems, PayPal, Adobe |
| Santa Clara, CA | 7 | Nvidia, Intel, Applied Materials |
| St. Louis, MO | 6 | Centene, Emerson Electric, Ameren |
| Charlotte, NC | 6 | Bank of America, Duke Energy, Honeywell |
| Cincinnati, OH | 6 | Kroger, Procter & Gamble, Fifth Third |
| Minneapolis, MN | 6 | Target, U.S. Bancorp, Xcel Energy |
Source: top five cities from Fortune's 3 June 2026 release; other counts tallied by Best Firms from the HQ city field in the 2026 Fortune 500 ranking (city limits only, suburbs counted separately).
City limits matter. Suburbs such as Irving, Texas, and Santa Clara, California, appear as their own cities in Fortune's data, so metro totals run higher than the table.
How many Fortune 500 companies are in Atlanta?
Atlanta has 13 Fortune 500 headquarters in 2026, the fourth most of any city (Fortune).
- Atlanta companies: Home Depot (No. 25), UPS (No. 48), Delta Air Lines (No. 71), Coca-Cola (No. 98), Southern (No. 152), Genuine Parts (No. 188), Asbury Automotive Group (No. 246), PulteGroup (No. 256), Assurant (No. 345), Intercontinental Exchange (No. 347), Norfolk Southern (No. 359), Global Payments (No. 415), Graphic Packaging Holding (No. 460)
How many Fortune 500 companies are in St. Louis?
St. Louis has 6 inside city limits, and the metro adds Reinsurance Group of America (Chesterfield) and Edward Jones (Des Peres) for 8 (Fortune 2026 ranking).
- St. Louis companies: Centene (No. 19), Emerson Electric (No. 245), Graybar Electric (No. 342), Ameren (No. 466), Post Holdings (No. 479), Core & Main (No. 495)
Ameren is new to the list this year, which helped Missouri gain a headquarters.
How many Fortune 500 companies are in Boston?
Boston proper has 5. Greater Boston adds TJX (Framingham), Thermo Fisher Scientific (Waltham), GE Vernova and Biogen (Cambridge), and Boston Scientific (Marlborough) (Fortune 2026 ranking).
- Boston companies: Liberty Mutual Insurance Group (No. 95), State Street (No. 202), Wayfair (No. 353), Vertex Pharmaceuticals (No. 370), American Tower (No. 408)
Does Kansas City have any Fortune 500 companies?
Not inside city limits in 2026. The only Fortune 500 headquarters in the metro is Seaboard (No. 426) in Merriam, Kansas (Fortune 2026 ranking).
Missouri's other big names sit elsewhere: O'Reilly Automotive is in Springfield, and the rest are around St. Louis.
Fortune 500 companies in San Diego, Tampa, and Oregon
- San Diego (3): Qualcomm (No. 108), LPL Financial Holdings (No. 264), Sempra (No. 330) (Fortune 2026 ranking)
- Tampa (2): Crown Holdings (No. 356), Mosaic (No. 366); St. Petersburg adds Jabil (No. 151), Raymond James Financial (No. 283) (Fortune 2026 ranking)
- Oregon (2): Nike (No. 99, Beaverton) and Lithia Motors (No. 123, Medford) (Fortune 2026 ranking)
States with no Fortune 500 companies
Twelve states have no Fortune 500 headquarters in 2026 (Fortune 2026 ranking):
- Alaska, Hawaii, Montana, Wyoming
- Maine, New Hampshire, Vermont
- Mississippi, West Virginia
- New Mexico, North Dakota, Utah
None of these states has a company above the $7.5 billion revenue threshold needed to make the 2026 list (Fortune).
If you're comparing states for a new entity rather than a sales territory, the LLC cost by state and minimum wage by state reports cover the other side of the decision.
Best Firms' take
The downside of headquarters data: it hides where the work happens. Amazon counts as one Seattle company, yet it employs 1,576,000 people worldwide (Fortune 2026 ranking).
Related Best Firms reading
FAQ
Which state has the most Fortune 500 companies in 2026?
Texas, with 57 headquarters and about $2.8 trillion in combined revenue. California has 56 and New York 53. Source: Fortune.
How many Fortune 500 companies are in California?
56 in 2026, down from 58 in 2025. California's list companies are still the most profitable ($647 billion) and most valuable ($20 trillion) of any state. Sources: Fortune, Fortune 2025 ranking.
How many Fortune 500 companies are in Texas?
57, the most of any state. Houston has 25 and Dallas 11, while Austin has only Tesla and Oracle. Source: Fortune.
Which city has the most Fortune 500 companies?
New York City, with 43 headquarters. Houston (25), Chicago (14), Atlanta (13), and Dallas (11) round out the top five. Source: Fortune.
How many Fortune 500 companies are in Atlanta?
13, including Home Depot, UPS, Delta Air Lines, and Coca-Cola. Source: Fortune.
How many Fortune 500 companies are in St. Louis?
Six inside city limits, led by Centene at No. 19, and 8 counting Chesterfield and Des Peres. Source: Fortune 2026 ranking.
Which states have no Fortune 500 companies?
Alaska, Hawaii, Maine, Mississippi, Montana, New Hampshire, New Mexico, North Dakota, Utah, Vermont, West Virginia, and Wyoming. Source: Fortune 2026 ranking.
When will the 2027 Fortune 500 state counts be released?
Fortune publishes the list once a year in early June; the 2026 edition came out on 3 June 2026, so expect the next state counts around June 2027. Source: Fortune.
What to watch before the 2027 list
Watch announced headquarters moves and pending acquisitions now, because they decide next June's state counts. Illinois lost Walgreens and Discover to deals this year.
Then check how each state's leaders are trading against the $7.5 billion cutoff in their latest filings. The Fortune 500 companies list tracks the top names quarter by quarter.