This list is made every year. Since 1955, Fortune magazine has been putting together a list that most people agree is one of the most important and well-known in the business world. The magazine's online and paper versions have a list of Fortune 500 companies. You can use this link to get the downloadable copy.This list includes businesses from many fields, such as information technology, shopping, health care, and banking. This list includes both personally owned and publicly traded companies. It includes some of the most well-known companies in the world. Please find out how the list was made, learn about its history, and look at the top 10 companies from the past two years.

What Is the Fortune 500?The Fortune 500 is a list that Fortune magazine makes every year. This list includes the 500 private companies in the United States that have made the most money. The companies are put in order based on how much yearly money they make. This list is made up of both publicly traded companies and personally owned businesses. It is made up of information that is available to everyone. People often think of being named one of the 500 most successful companies in the world as a sign of honor.What's the ranking methodology?This list of the biggest companies in the United States is based on how much each company made during its most recent fiscal year. For example, the numbers for the 2022 list were made using the data from the 2021 list. For a business to be able to join, its main office must be in the United States, and it must have given the government its financial information for the first three quarters of the current fiscal year. The revenue numbers came from the company's records. They include the revenue of the combined businesses and the shutdown operations (except for the spin-off companies that were left off the list). The company reports a net profit after all costs, like taxes and preference payments, have been removed.The list is put together with care by an editor, and it is common for a certified public accountant to look into and confirm the accuracy of the company's financial records before they are shared. In the "credits" section of the "methodology" page on the Fortune website, you can find the names of the people who helped put together the list and what they did to help.The History of the Fortune 500:Edgar P. Smith, who works for Fortune as an assistant managing editor, devised the list idea. This has been brought up before. Smith's first suggestion led to the yearly list that many people read.Because the first Fortune 500 ranks were mostly about companies in the manufacturing, mining, and energy industries, the number of well-known companies that could join was significantly reduced. To be considered, the company's yearly sales had to be at least $49.7 million. When the first Fortune 500 list came out in 1955, General Motors (GM) was at the top with $9.8 billion in yearly sales, making it the most successful company in the world.In that particular year, 291 of the 500 applications came from service-based businesses. Fortune's yearly poll found that three of the new service providers were in the top 10 in the country. After Walmart got the fourth spot, AT&''T got the fifth spot, and Sears Roebuck got the ninth spot. Walmart has been the best in its field for several years, but that would only be the case if this change had happened.

Additional Types of Lists Published by Fortune Magazine:In addition to the well-known "Fortune 500," Fortune Magazine prints the following lists every year:

• A collection of critical young people called "40 Under 40" was assembled.
• The Global 500 lists the 500 biggest publicly traded companies based on how much money they make yearly. Forbes magazine put together the list.
• A compilation of some of the most influential women in the world, according to the standards set forth by "Most Powerful Women." Here is a rundown of the four main factors to think about: The role of women in contemporary society and culture is the subject of the fourth argument.
• A list of people who have done important things in many fields, such as politics, business, and charity work.
• The answers of more than 3,750 executives, researchers, leaders, and other industry workers were compiled to list the companies that got the most praise overall. The World's Most Admired Businesses is the name of this list.

GROWTH OF FORTUNE 500 COMPANIES:Companies that aren't based outside the United States or don't do business there aren't in the Fortune 500 poll. Also, companies that don't send their financial records to the proper government agencies on their own are included in the study. Businesses that are personally owned and those that are sold on the stock market are both talked about here. Companies that don't file financial records at all aren't either. In 2020, businesses' grades will be based on the total amount of money they reported making in their 10-K reports or other similar financial records for the year before.Conclusion:The Fortune 500 lists the 500 largest publicly traded companies in the United States. It is based on how much money each company makes in a given year. Fortune puts together and publishes this list every year. This piece briefly overviews how business is going in the United States, focusing on the most prominent and influential companies. On the other hand, since I am an AI language model, I can't get to data that was made after September 2021 right away. September 2021 is the last month you can meet this rule's standards. I have yet to keep up with the latest version of the Fortune 500 list, so I can't say anything about any changes that may have happened or what they might be. If you're interested in the state of your company's industry, read well-known business magazines or check out the online version of Fortune.