Fortune 500: The Top 50

Wal-Mart retakes the No. 1 slot on the Fortune 500 this year. See where America's largest corporations rank, and why.

13. Verizon Communications
13. Verizon Communications
Fortune 500 rank: 13 (Previous rank: 18)
2006 Revenues (millions): $93,221
Headquarters: New York, NY
Get quote: VZ

Restructuring costs resulting from efforts to compete as a provider of both cable television and Internet services, as well as a $23 billion expenditure on fiber-optic cable, have cost the telecom dearly. Profits dipped 16% from last year. But the company still managed to jump five spots on the list thanks to 24% revenue growth driven by new wireless subscribers.

See more Fortune 500 data for Verizon Communications

Wal-Mart

Exxon Mobil

General Motors

Chevron

ConocoPhillips

General Electric

Ford Motor

Citigroup

Bank of America Corp.

American International Group

J.P. Morgan Chase & Co.

Berkshire Hathaway

Verizon

Hewlett-
Packard

International Business Machines

Valero Energy

Home Depot

McKesson

Cardinal Health

Morgan Stanley

UnitedHealth Group

Merrill Lynch

Altria Group

Goldman Sachs Group

Procter & Gamble

Kroger

AT&T

Boeing

Amerisource Bergen

Marathon Oil

State Farm Insurance Cos.

Costco Wholesale

Target

Dell

WellPoint

Johnson & Johnson

MetLife

Sears Holdings

Pfizer

Dow Chemical

Wells Fargo

United Technologies

United Parcel Service

Walgreen

Lowe's

Wachovia Corp.

Lehman Brothers Holdings

Time Warner

Microsoft

Freddie Mac
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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.