Definition of Fortune 500:
An annual list of the five hundred most profitable US industrial corporations.
The Fortune 500 is Fortune magazine's yearly list of 500 of the largest US companies ranked by total revenues for their respective fiscal years. The list is compiled using the most recent figures for revenue and includes both public and private companies with publicly available revenue data. To be a Fortune 500 company is widely considered to be a mark of prestige.
List of the largest 500 US manufacturing corporations, ranked by revenue. It is published annually in the Fortune magazine with data on the firms assets, net earnings, earnings per share, number of employees, etc.
The Fortune 500 survey includes companies that are incorporated and operate in the United States and file financial statements with government agencies—both publicly traded and privately held. It excludes private companies not filing financial statements with government agencies, foreign corporations, US companies consolidated by other companies, and companies that neglect to report full financial statements for at least three quarters of the current fiscal year.
How to use Fortune 500 in a sentence?
- The Fortune 500 is Fortune magazine's yearly list of 500 of the largest US companies ranked by total revenues for their respective fiscal years.
- Being on the Fortune 500 is considered to be prestigious, and firms on the list are considered to be of high quality.
- The product is targeted at Fortune 500 developers.
- The Fortune 500 has put out a list of top companies since the year 1955.
Meaning of Fortune 500 & Fortune 500 Definition