America’s Top Companies: 2017
Tech dominates the current ranking with 11 spots. The prolonged stock market boom of the past 50 years has made America’s largest companies much more valuable, on average, than their 1967 counterparts. At the top, Apple is worth $770 billion, more than twice what IBM was worth a half-century ago after adjusting for inflation. Lower down the list, the wealth creation is more dramatic. The statistical median market value in 2017 is $180 billion—just about where Philip Morris International is—731% more than its 1967 value. Even the least valuable company on the current list, Eli Lilly, is worth some $91 billion, while the 50th-ranked firm from 1967, Johnson & Johnson, would be worth just under $13 billion in 2017 currency.
Survives top 50 under (largely) own name 1917-2017 Survives top 50 under (largely) own name 1917–1967 Survives top 50 under (largely) own name 1967–2017 Acquired or merged into company on later list Created as the result of mergers of companies on earlier lists