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Definition of fortune 500

Dictionary of Business Terms: fortune 500
fortune 500

annual listing by Fortune magazine of the 500 largest U.S. industrial (manufacturing) corporations. Fortune in addition publishes the Fortune Service 500, which ranks the 500 largest U.S. nonmanufacturing companies. Forbes magazine also publishes annual rankings of the 500 biggest U.S. publicly owned corporations.

Dictionary of Finance and Investment Terms: fortune 500
fortune 500

listings of the top 500 U.S. corporations compiled by Fortune magazine. The companies are ranked by 12 indices, among them revenues; profits; assets; stockholders' equity; market value; profits as a percentage of revenues, assets, and stockholders' equity; earnings per share growth over a 10-year span; total return to investors in the year; and the 10-year annual rate of total return to investors. In separate listings, companies also are ranked by performance and within states. Headquarters city, phone number, and the name of the chief executive officer are included. In another listing 1,000 companies are ranked within 61 different industry groups.

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