The United States is home to some of the largest global companies. Of the world’s 50 largest public companies by revenue, 21 are based in the United States, including five of the top 10.
Many of the largest American companies are headquartered in the country’s major economic capitals, including New York, Los Angeles, Detroit, Dallas, Houston, and the D.C. metropolitan area. New York City alone is home to the headquarters of dozens of the world’s largest public companies, the most of any city in the United States. Some companies can be found in somewhat smaller, but still substantial business hubs such as California’s Silicon Valley.
> Largest company: Avnet, Inc. (NYSE: AVT)
> Revenue: $26.2 billion
> Headquarters: Phoenix, AZ
> Industry: Electronics
Electronic products distributor Avnet, Inc. is the largest company in Arizona. Headquartered in Phoenix, the company reported over $26 billion in annual revenue in 2016. The company produces everything from circuits to digital displays to cell phone components to batteries. Avnet employs about 17,700 employees worldwide.
Still, most states, even those that are less populous and lacking a major city, are home to at least one company with $10 billion or more in sales. In fact, many of the largest companies in the country are based in small states such as Nebraska and Arkansas. Based on company filings and estimates of private company figures, as provided by S&P Capital IQ, these are the largest companies in every state.