MYNORTHWEST NEWS

Washington boasts 12 companies in latest Fortune 500 list

May 17, 2019, 2:21 PM | Updated: 3:31 pm

Fortune 500 Amazon, insider trading...

Stock information about Amazon is displayed on a monitor inside Nasdaq's 'Client Experience Center' at their office in Times Square, May 2, 2019, in New York City. (Drew Angerer/Getty Images)

(Drew Angerer/Getty Images)

It’s official: Washington state has 12 home-grown companies on the 2019 Fortune 500 list, led, unsurprisingly, by Amazon.

RELATED: Amazon, Microsoft on opposite ends of tax debate
RELATED: Amazon gives $2 million to low-income Seattle schools

The rankings came out Thursday. Amazon scored the highest out of the local companies to make the cut, placing fifth out of 500.

“Today (Amazon) is the disruptor to beat in everything from bundled memberships of free and speedy retail delivery and original video programming to groundbreaking Alexa-powered Echo digital assistants,” Fortune’s listing for the company said.

Amazon’s revenues grew 31 percent in 2018 alone, earning $10 billion. Much of that came from its web hosting and software offering, Amazon Web Services.

Costco came in at 14th, reporting a nearly 10 percent revenue increase last year.

While many of the companies in the Fortune 500 are tech or industrial-focused, Weyerhauser snuck in under the wire at 406th. The Seattle-based forestry company is the largest private landowner in the United States.

Microsoft managed to crack the top 30 at 26th, briefly boasting a valuation of $1 trillion in April. Interestingly enough, the company’s growth was largely driven by its cloud computer business, rather than its industry-standard Windows operating system.

Rounding out Washington’s offerings were Boeing (28th), Starbucks (121st), PACCAR (130th), Nordstrom (196th), Expedia (280th), Alaska Airlines (368th), Expeditor’s International of Washington (374th), and Fortive (422th).

Checking in as the top company on Fortune’s list was Walmart, followed by Exxon Mobil, Apple, and Berkshire Hathaway respectively.

MyNorthwest staff contributed to this report

Correction, 5/17/19: Amended article to include Fortive, based out of Everett, Washington.

MyNorthwest News

Image: Brightly colored eggs are set on a table on the South Lawn of the White House in Washington,...

Ted Buehner

Expect good Easter weekend weather for egg hunts, chilly evening Mariners games

Both Saturday and Sunday of Easter weekend will feature temperatures warming to around 60 degrees across much of Western Washington.

11 hours ago

Taylor Swift performs onstage during the Taylor Swift | The Eras Tour at Lumen Field on July 22, 20...

Micki Gamez, KIRO Newsradio and Bill Kaczaraba, MyNorthwest

Seattle tourism dollars break records following All-Star Week, Taylor Swift

It was a record-setting year for dollars flowing into Seattle from tourists.

12 hours ago

Image: A bridge in Carnation....

Julia Dallas

Carnation frustrated with Seattle again after 8th false emergency alarm induces widespread panic

Carnation citizens have faced a series of panic-inducing alarms after SPU's system for the Tolt Dam falsely sounded eight times.

14 hours ago

Grocery store shopper...

Bill Kaczaraba

Ways to deal with Seattle grocery store sticker shock

Seattle grocery store sticker shock continues to play havoc on locals, but there are ways to counter high prices.

14 hours ago

belltown hellcat social media...

Frank Sumrall

Infamous ‘Belltown Hellcat’ social media influencer charged with reckless driving

The social media influencer has been accused of driving 107 miles per hour through Belltown in a Dodge Hellcat.

15 hours ago

KIRO Newsradio gracie awards...

MyNorthwest Staff

KIRO Newsradio anchors receive Gracie Awards for outstanding work

Heather Bosch and Lisa Brooks, anchors at KIRO Newsradio, have been honored by the Alliance for Women in Media with prestigious Gracie Awards.

18 hours ago

Washington boasts 12 companies in latest Fortune 500 list