Fortune 500 list has 53 state firms

The latest version of the Fortune 500 list came out Wednesday, and it’s studded with California companies.

The list, which ranks U.S. companies by total yearly revenue, includes 53 firms whose headquarters are in the Golden State — a total that’s second only to New York’s 54. (The list of 500 companies is compiled by looking at results reported by publicly traded firms, as well as from the privately traded ones that file financial statements with a government agency.)

The California companies in the top 10 are tech giant Apple Inc., which ranked third nationwide even as its sales began to falter, and pharmaceutical distributor McKesson Corp., which ranked fifth.

Oil stalwart Chevron Corp. came in 19th. Despite its scandal over unauthorized accounts, Wells Fargo & Co. rose a bit, landing at 25th.

Apple is based in Cupertino, McKesson and Wells Fargo have headquarters in San Francisco and Chevron is in San Ramon.

Three of the Fortune 500 companies have headquarters within Los Angeles city limits: engineering and construction giant Aecom, ranking 161st; real estate services firm CBRE Group Inc., ranking 214th; and Reliance Steel & Aluminum Co., which ranked 320th.

Wal-Mart Stores Inc. retained the top spot on the list, boasting revenue of nearly $486 million. The retail giant, based in Bentonville, Ark., has been ranked first for 13 of the last 16 years. It’s also the biggest employer on the list, with 2.3 million workers.

Of the companies on the list, Apple hauled in the biggest profit: nearly $46 billion.