| Author: | Teitelbaum, R. S. |
| Title: | 500 largest U.S. corporations: A boom in profits |
| Journal: | Fortune
1995 : MAY, 15, VOL. 131:9, p. 114-F28 |
| Index terms: | USA COMPANY RANKING COMPANIES |
| Language: | eng |
| Abstract: | What was once exclusive is now more so. Last year took USD 614 million in revenues to stake a claim to a Fortune 500 listing. Now the merger of industrial and service companies has raised the bar to USD 2.2 billion. But companies that failed to make the 500 due to the change don't leave the stage entirely. The old Service 500 consisted of eight distinct industry lists, with three of them - diversified service, retailers, and transportation - ranked by sales or revenues, and, the others - diversified financial, banks, savings institutions, life insurers, and utulities - ranked by assets. Those enterprises previously ranked by assets are now listed by revenues, a more meaningful yardstick given the increasingly scrappy fight for sales, fees, and other bits of market share among once docile giants in industries that are now deregulating. |
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