2020-Fortune-500-Press-Release.Pdf

JUNE/JULY 2020 ■ DOUBLE ISSUE ■ FORTUNE.COM

Fortune 500 RANKING AMERICA’S BIGGEST COMPANIES

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COMPLIMENTS OF #402 W. R. BERKLEY FORTUNE 500

357–404 / 500

REVENUES PROFITS ASSETS STOCKHOLDERS’ MARKET PROFITS AS % OF … EARNINGS PER SHARE TOTAL RETURN TO INVESTORS EQUITY VALUE % % 3/31/20 % 2009–2019 2009–2019 change change Stockholders’ change annual annual Industry RANK from from Revenues Assets equity 2019 from growth rate 2019 rate table RANK 2019 2018 $ millions 2018 $ millions Rank 2018 $ millions Rank $ millions Rank $ millions Rank % Rank % Rank % Rank $ 2018 % Rank % Rank % Rank number 2019 Newport News, Va. 8,899.0 8.8 549.0 323 (34.3) 7,031.0 422 1,588.0 416 7,420.3 303 6.2 270 7.8 119 34.6 66 13.26 (30.5) — 34.0 189 — 2 357 358 389 BERRY GLOBAL GROUP Evansville, Ind. 2 8,878.0 12.8 404.0 357 (18.5) 16,469.0 308 1,618.0 414 4,463.0 356 4.6 309 2.5 326 25.0 117 3.00 (18.3) — (0.1) 408 — 46 358 359 364 ANIXTER INTERNATIONAL Glenview, Ill. 8,845.6 5.3 262.9 385 68.2 4,808.9 463 1,860.9 398 2,972.7 384 3.0 355 5.5 196 14.1 225 7.67 67.5 — 69.6 30 9.0 292 66 359 360 368 ALASKA AIR GROUP Seattle, Wash. 8,781.0 6.3 769.0 279 76.0 12,993.0 353 4,331.0 305 3,490.0 375 8.8 202 5.9 178 17.8 173 6.19 75.9 22.1 42 13.9 345 24.1 34 3 360 361 362 YUM CHINA HOLDINGS Plano, Texas 8,776.0 4.3 713.0 290 0.7 6,950.0 424 3,077.0 339 16,033.2 214 8.1 221 10.3 71 23.2 132 1.84 2.8 — 44.7 111 — 23 361 362 359 DICK’S SPORTING GOODS Coraopolis, Pa. 1 8,750.7 3.7 297.5 379 (7.0) 6,628.6 431 1,731.6 406 1,848.3 409 3.4 341 4.5 231 17.2 179 3.34 3.1 11.3 135 63.1 41 9.1 291 57 362 363 365 CAESARS ENTERTAINMENT Las Vegas, Nev. 8,742.0 4.2 (1,195.0) 488 (494.4) 25,345.0 238 2,131.0 386 4,612.1 352 (13.7) 491 (4.7) 481 (56.1) 465 (1.77) — — 100.3 9 — 30 363 364 360 GENWORTH FINANCIAL Richmond, Va. 8,681.0 ¶ 3.0 343.0 367 188.2 101,342.0 87 14,185.0 131 1,675.8 414 4.0 325 0.3 428 2.4 407 0.67 179.2 — (5.6) 424 (9.0) 390 35 364 365 302 TARGA RESOURCES Houston, Texas 8,671.1 (17.3) (209.2) 453 (13,175.0) 18,815.1 283 5,199.6 279 1,610.8 418 (2.4) 461 (1.1) 453 (4.0) 433 (1.44) — — 24.2 263 — 49 365 366 334 COTY New York, N.Y. 6 8,648.5 (8.0) (3,784.2) 494 — 17,665.4 294 4,586.9 297 3,924.4 366 (43.8) 495 (21.4) 494 (82.5) 469 (5.04) — — 79.2 19 — 31 366 367 373 DANA Maumee, Ohio 8,620.0 5.9 226.0 390 (47.1) 7,220.0 419 1,873.0 397 1,128.2 433 2.6 363 3.1 292 12.1 265 1.56 (46.4) — 36.9 171 6.6 329 43 367 368 351 THRIVENT FINANCIAL FOR LUTHERANS Minneapolis, Minn. 19 8,611.7 (0.3) 968.1 240 (21.5) 102,478.3 85 10,064.8 182 — 11.2 149 0.9 396 9.6 323 — — — — — 34 368 369 321 AUTOLIV Auburn Hills, Mich. 46,47 8,547.6 (12.8) 461.5 340 142.4 6,771.2 429 2,109.2 388 4,017.4 364 5.4 293 6.8 151 21.9 141 5.29 142.7 46.0 1 24.2 262 13.1 194 43 369 370 377 SPARTANNASH Byron Center, Mich. 8,536.1 5.8 5.7 440 (82.9) 2,275.6 498 687.5 456 520.5 456 0.1 438 0.3 433 0.8 416 0.16 (82.8) (21.4) 294 (12.2) 433 2.4 364 67 370 371 358 EVERSOURCE ENERGY Springfield, Mass. 8,526.5 0.9 909.1 248 (12.0) 41,123.9 175 12,630.0 149 25,835.3 154 10.7 160 2.2 340 7.2 355 2.81 (13.5) 3.9 231 34.4 186 16.4 130 63 371 372 376 DARDEN RESTAURANTS Orlando, Fla. 11 8,510.4 5.3 713.4 289 19.7 5,892.8 447 2,392.6 375 6,580.0 311 8.4 210 12.1 51 29.8 82 5.69 20.3 7.9 183 12.3 351 17.2 116 23 372 373 309 CHESAPEAKE ENERGY Oklahoma City, Okla. 8,489.0 (17.0) (308.0) 459 (135.3) 16,193.0 314 4,364.0 302 337.7 461 (3.6) 468 (1.9) 462 (7.1) 441 (50.00) (129.4) — (60.7) 464 (28.2) 403 42 373 THE374 357 LISTSNATIONAL OILWELLLARGEST VARCO Houston, U.S. TexasCORPORATIONS 8,479.0 0.3 (6,095.0) 498 — 13,149.0 351 7,778.0 225 3,793.9 368 (71.9) 499 (46.4) 500 (78.4) 468 (15.96) — — (1.7) 413 (3.2) 381 45 374 375 402 FIDELITY NATIONAL FINANCIAL Jacksonville, Fla. 8,469.0 11.5 1,062.0 231 69.1 10,677.0 377 5,382.0 276 6,854.3 308 12.5 129 9.9 76 19.7 151 3.83 69.5 — 48.7 88 — 37 375 376 381 ERIE INSURANCE GROUP Erie, Pa. 48 8,443.3 5.1 551.0 322 (19.7) 23,346.7 248 10,618.5 176 — 6.5 260 2.4 330 5.2 382 — — — — — 36 376 377 395 OSHKOSH Oshkosh, Wis. 2 8,382.0 8.8 579.4 313 22.8 5,566.3 452 2,599.8 365 4,394.4 357 6.9 244 10.4 68 22.3 139 8.21 30.5 — 56.6 59 10.8 254 12 377 378 408 CASEY’S GENERAL STORES Ankeny, Iowa 49 8,364.9 E 11.9 203.9 398 (35.9) 3,731.4 479 1,408.8 429 4,874.8 345 2.4 369 5.5 198 14.5 218 5.51 (33.9) 12.6 124 25.1 257 18.6 89 57 378 379 370 WESCO INTERNATIONAL Pittsburgh, Pa. 8,358.9 2.2 223.4 392 (1.7) 5,017.6 459 2,265.5 380 956.8 440 2.7 362 4.5 234 9.9 316 5.14 6.6 7.6 187 23.7 265 8.2 301 65 379 380 388 TRACTOR SUPPLY Brentwood, Tenn. 8,351.9 5.6 562.4 320 5.6 5,289.3 455 1,567.1 418 9,809.9 265 6.7 251 10.6 66 35.9 62 4.66 8.1 19.5 61 13.5 347 22.9 40 57 380

381 • COMMSCOPE HOLDING Hickory, N.C. 8,345.1 82.7 (929.5) 480 (762.9) 14,431.6 335 836.3 451 1,779.0 413 (11.1) 487 (6.4) 485 (111.1) 473 (5.02) (797.2) — (13.4) 436 — FORTUNE44 500381 Largest¶ U.S. 382 276 HUNTSMAN The Woodlands, Texas 8,342.0 (27.6) 562.0 321 66.8 8,320.0 402 2,687.0 363 3,217.2 380 6.7 250 6.8 152 20.9 144 2.44 75.5 17.7 71 28.9 236 11.0 247 8 382 383 427 AMERICAN FINANCIAL GROUP Cincinnati, Ohio 8,237.0 15.2 897.0 249 69.2 70,130.0 110 6,269.0 245 6,331.0 314 10.9 155 1.3 369 14.3 221 9.85 68.4 8.3 176 27.1 249 19.8 71 37 383 384 366 MASCO Livonia, Mich. 8,235.0 ¶ (1.5) 935.0 244 27.4 5,027.0 458 (235.0) 481 9,118.0 277 11.4 145 18.6 13 — 3.22 35.9 — 66.2 36 16.6 125 28 384 385 429 SANMINA San Jose, Calif. 2 8,233.9 15.8 141.5 413 — 3,905.5 474 1,642.6 411 1,927.2 406 1.7 398 3.6 262 8.6 339 1.97 — — 42.3 127 12.0 221 55 385 357–404 / 500 386 Corporations369 AMPHENOL Wallingford, Conn. 8,225.4 0.3 1,155.0 224 (4.1) 10,815.5 374 4,530.3 298 21,725.6 172 14.0 111 10.7 65 25.5 108 3.75 (2.6) 15.1 100 34.9 182 17.6 112 44 386 387 348 WILLIAMS Tulsa, Okla. 8,201.0 (5.6) 850.0 263 — 46,040.0 158 13,363.0 140 17,165.7 210 10.4 170 1.8 351 6.4 370 0.70 — 3.6 235 14.1 340 8.3 300 49 387 388 • WESTINGHOUSE AIR BRAKE TECHNOLOGIES Pittsburgh, Pa. 8,200.0 87.9 326.7 370 10.8 18,944.2 280 9,956.5 187 9,227.1 275 4.0 324 1.7 354 3.3 402 1.84 (39.7) 4.4 228 11.5 355 14.7 167 32 388 389 374 EXPEDITORS INTERNATIONAL OF WASHINGTON Seattle, Wash. 8,175.4 0.5 590.4 311 (4.5) 3,691.9 481 2,195.0 382 11,208.2 247 7.2 234 16.0 24 26.9 101 3.39 (2.6) 11.8 130 16.1 329 9.9 272 61 389 390 • ANDERSONS Maumee, Ohio 8,170.2 168.3 18.3 437 (55.9) 3,900.7 475 973.6 447 628.7 451 0.2 434 0.5 417 1.9 411 0.55 (62.3) (8.8) 286 (13.2) 434 5.5 342 22 390 REVENUES PROFITS ASSETS STOCKHOLDERS’ MARKET PROFITS AS % OF … EARNINGS PER SHARE TOTAL RETURN TO INVESTORS THE391 LISTS352 WESTLAKE LARGEST CHEMICAL U.S.Houston, CORPORATIONS Texas 8,118.0 (6.0) 421.0 350 (57.7) 13,261.0 348 EQUITY 5,860.0 261 VALUE 4,900.8 344 5.2 296 3.2 290 7.2 356 3.25 (57.3) 23.3 37 7.7 371 20.6 59 FORTUNE8 500391 392 403 CONSTELLATION BRANDS Victor, N.Y. 12 8,116.0 E 7.0% 3,435.9 93 48.2% 29,231.5 219 12,551.0 150 3/31/20 27,601.3 152 42.3 5 11.8 55 27.4 98 — % — 2009–2019— 19.9 295 2009–201928.8 11 6 392 change change Stockholders’ change annual annual Industry RANK393 355 FRONTIER COMMUNICATIONS Norwalk, Conn. 8,107.0 from (5.9) (5,911.0) 497 from — 17,488.0 298 (4,394.0) 495 39.9 470 (72.9)Revenues500 (33.8)Assets499 — equity 2019(56.80) from — growth— rate 2019 (62.6) 465 (33.1) rate405table 58 RAN393K 2019394 2018399 JETBLUE AIRWAYS Long Island City, N.Y. $ 8,094.0millions 2018 5.7 TOLL$ millions BROTHERS 569.0 Rank315 Revenues 202.72018 at the luxury$ millions11,918.0 homebuilder Rank362 were$ millionsalmost4,799.0 flatRank292 $ millions 2,525.7 Rank394 7.0% Rank242 4.8% Rank219 11.9 % Rank271 $1.91 2018 218.3 24.7% Rank32 16.6% Rank324 13.1% Rank192 number3 2019394 last year, and earnings sank 21%. The main culprit: slowing demand 395 415 CITIZENS FINANCIAL GROUP Providence, R.I. 8,066.0 9.7 1,791.0 161 4.1 165,733.0 54 22,201.0 83 8,040.0 295 22.2 56 1.1 386 8.1 342 3.81 8.2 — 42.0 132 — 9 395 405–452 / 500 Newport News, Va. 8,899.0 8.8 in a key 549.0 market, 323 California. (34.3) Heading into 7,031.0 2020, Toll422 Brothers had 1,588.0 been 416 7,420.3 303 6.2 270 7.8 119 34.6 66 13.26 (30.5) — 34.0 189 — 2 357 2 2 426 396358 389407 BERRYRAYMOND GLOBAL JAMES GROUP FINANCIAL Evansville, St. Petersburg, Ind. Fla. 8,023.08,878.0 12.8 7.3 “optimistic”—but 1,034.0 404.0 235357 its stock (18.5)20.7 was down 38,830.0 16,469.039% year to308184 date through 6,581.01,618.0 April on242414 4,463.08,802.7 280356 12.9 4.6 309124 2.52.7 326315 25.015.7 203117 3.007.17 (18.3)24.7 18.7 — 63 22.2(0.1) 408277 15.8 — 142 4654 396358 359397 364385 ANIXTERFOOT LOCKER INTERNATIONAL New York, N.Y.Glenview, 1 Ill. 8,005.08,845.6 0.85.3 fears of 262.9491.0 a coronavirus-driven 385335 68.2 (9.2) slump in 4,808.96,589.0 home sales.463432 —Lucinda 2,473.01,860.9 Shen 398372 2,297.42,972.7 402384 6.13.0 355271 5.57.5 130196 14.119.9 225150 4.507.67 67.5(3.4) 31.1 — 19 (24.4) 69.6 44830 16.3 9.0 292135 6656 359397 360398 368391 ALASKAHERSHEY AIR Hershey, GROUP Pa.Seattle, Wash. 7,986.38,781.0 6.32.5 1,149.7 769.0 225279 76.0 (2.4) 12,993.0 8,140.4 404353 4,331.01,739.2 404305 3,490.027,791.8 375151 14.4 8.8 202107 14.1 5.9 17833 66.1 17.8 17324 5.466.19 75.9(2.2) 22.1 11.1 13742 40.2 13.9 345143 24.1 17.9 10334 213 360398 399361 387362 YUMZIMMER CHINA BIOMET HOLDINGS HOLDINGS Plano, Warsaw, Texas Ind. 8,776.07,982.2 0.64.3 1,131.6 713.0 290227 0.7 — 24,638.7 6,950.0 424242 12,388.1 3,077.0 339153 16,033.220,891.4 214181 14.2 8.1 221110 10.3 4.6 22671 23.2 9.1 332132 5.471.84 2.8 — 5.1 — 218 44.745.4 106111 10.5 — 262 4023 399361 400362 359• CINCINNATIDICK’S SPORTING FINANCIAL GOODS Fairfield, Coraopolis, Ohio Pa. 1 REVENUES 8,750.77,924.2 46.5 3.7 PROFITS 1,997.4 297.5 379151 595.6 (7.0) ASSETS 25,407.9 6,628.6 236431 STOCKHOLDERS’ 9,864.4 1,731.6 406192 MARKET 12,241.5 1,848.3 409241 PROFITS 25.2 3.4 AS34137 % OF … 4.57.9 231116 20.2 17.2 148179 EARNINGS12.103.34 PER 591.4 SHARE 3.1 16.411.3 13581 TOTAL 63.139.0 RETURN 15741 TO INVESTORS 19.4 9.1 29178 5737 400362 363401 365421 CAESARSWESTERN ENTERTAINMENT& SOUTHERN FINANCIAL Las Vegas, GROUP Nev. Cincinnati, Ohio 8,742.07,920.5 4.29.9 (1,195.0) 244.9 488387 (494.4) (50.5) 25,345.054,702.7 238138 EQUITY 5,786.8 2,131.0 386265 VALUE 4,612.1 — 352 (13.7) 3.1 491351 (4.7) 0.4 481419 (56.1) 4.2 465398 (1.77)— — — 100.3 — 9 — 3034 363401 3/31/20 402 397 W.R. BERKLEY Greenwich, Conn. 7,902.2 ¶ 2.7% 681.9 298 6.4% 26,643.4 231 6,074.9 251 9,569.1 271 8.6 203 2.6 321 11.2 281 3.52 5.6% 2009–2019 11.0 143 43.7 116 2009–2019 17.8 106 37 402 364 360 GENWORTH FINANCIAL Richmond, Va. 8,681.0 change 3.0 343.0 367 change 188.2 101,342.0 87 14,185.0 131 1,675.8 414 4.0 325 0.3 428 Stockholders 2.4 407 ’ 0.67 change 179.2 —annual (5.6) 424 (9.0)annual390 Industry35 364 RANK403365 302416 TARGAMOTOROLA RESOURCES SOLUTIONS Houston, Chicago, Texas Ill. 7,887.0 8,671.1 from(17.3) 7.4 (209.2) 868.0 453256 (13,175.0) from(10.1) 10,642.0 18,815.1 283378 5,199.6 (700.0) 485279 22,802.9 1,610.8 168418 (2.4)11.0Revenues 461151 (1.1)8.2 Assets453111 (4.0) — equity433 2019(1.44)4.95 from (11.9) — growth — rate 2019 42.324.2 263126 19.7 — rate72 table4449 RAN403365K 2019404366 2018334367 COTYTHOR INDUSTRIESNew York, N.Y. Elkhart, 6 Ind. 15 $ millions 8,648.57,864.8 2018 (5.6)(8.0) $ (3,784.2)millions 133.3 Rank494415 2018(69.0) — $ 17,665.4millions5,660.4 Rank449294 $ 2,084.4millions4,586.9 Rank390297 $ millions3,924.42,328.3 Rank366401 (43.8) 1.7% Rank495399 (21.4) 2.4% Rank494332 (82.5) 6.4 % Rank469369 (5.04)2.47$ 2018 (69.7) — 23.1%— Rank40 46.479.2% Rank9419 11.6% — Rank231 number4331 2019404366 405367 450373 DANAREGENERON Maumee, PHARMACEUTICALS Ohio Tarrytown, N.Y. 8,620.07,863.4 17.2 5.9 2,115.8 226.0 390142 (13.4)(47.1) 14,805.2 7,220.0 328419 11,089.7 1,873.0 397171 53,721.6 1,128.2 43392 26.9 2.6 36330 14.3 3.1 29229 19.112.1 265159 18.461.56 (46.4) (13.3) — 36.9 0.5 404171 31.6 6.6 3297 4843 405367 406368 420351 THRIVENTSPIRIT AEROSYSTEMS FINANCIAL FOR HOLDINGS LUTHERANS Wichita, Minneapolis, Kans. Minn. 19 7,863.18,611.7 (0.3) 8.9 968.1530.1 240327 (14.1)(21.5) 102,478.3 7,606.0 41185 10,064.8 1,761.4 402182 2,506.5 — 397 11.26.7 248149 0.97.0 396145 30.1 9.6 32381 5.06— (10.4) — 14.0— 113 1.7 — 398 14.1 — 177 342 406368 49 369407 414321 AUTOLIVJ.M. SMUCKER Auburn Orrville, Hills, Mich.Ohio 46,47 7,838.08,547.6 (12.8) 6.5 461.5514.4 340330 142.4 (61.6) 16,711.3 6,771.2 306429 7,970.52,109.2 388221 12,658.2 4,017.4 364231 6.65.4 293259 6.83.1 295151 21.9 6.5 368141 5.294.52 142.7 (61.6) 46.0 3.8 2331 24.214.9 336262 13.1 8.0 303194 4321 369407 DEFINITIONS, EXPLANATIONS, AND FOOTNOTES ARE ON PAGE 408370 392377 SPARTANNASHPPL Allentown, Byron Pa. Center, Mich. 8,536.17,769.0 (0.2) 5.8 1,746.0 5.7 440167 (82.9) (4.4) 45,680.0 2,275.6 498159 12,991.0 687.5 456145 18,949.6 520.5 456194 22.5 0.1 43853 0.33.8 433256 13.4 0.8 234416 2.370.16 (82.8) (8.1) (21.4) 8.2 294179 (12.2)33.7 433195 6.92.4 364324 6367 408370 50 409371 430358 EVERSOURCEINSIGHT ENTERPRISES ENERGY Springfield,Tempe, Ariz. Mass. 8,526.5 7,731.2 0.99.2 909.1 159.4 407248 (12.0) (2.6) 41,123.9 4,178.2 471175 12,630.0 1,160.3 438149 25,835.3 1,485.7 423154 10.7 2.1 387160 3.82.2 340257 13.7 7.2 355228 4.432.81 (13.5) (2.6) 19.8 3.9 23159 34.472.5 18627 16.419.9 13067 6333 409371 372410 404376 DARDENQUEST DIAGNOSTICS RESTAURANTS Secaucus, Orlando, N.J. Fla. 11 8,510.47,726.0 2.65.3 858.0 713.4 289259 16.619.7 12,843.0 5,892.8 355447 2,392.65,641.0 269375 10,716.46,580.0 251311 11.1 8.4 150210 12.1 6.7 15551 29.815.2 20982 5.696.28 20.3 18.7 5.07.9 183221 31.212.3 351217 17.2 7.7 312116 2327 372410 373411 309413 CHESAPEAKEKEYCORP Cleveland, ENERGY OhioOklahoma City, Okla. 8,489.07,694.0 (17.0) 4.1 (308.0)1,717.0 459169 (135.3) (8.0) 144,988.0 16,193.0 31462 17,038.0 4,364.0 302108 10,057.8 337.7 260461 22.3 (3.6) 46855 (1.9) 1.2 462376 10.1 (7.1) 310441 (50.00)1.62 (129.4) (5.3) — (60.7) 42.4 464125 (28.2) 16.3 403134 429 373411 374412 347357 NATIONALVERITIV Atlanta, OILWELL Ga. VARCO Houston, Texas 8,479.07,659.4 (11.9) 0.3 (6,095.0) (29.5) 444498 — 13,149.0 2,511.1 496351 7,778.0 536.2 465225 3,793.9 126.9 466368 (71.9) (0.4) 444499 (46.4) (1.2) 500454 (78.4) (5.5) 468438 (15.96)(1.84) — — (21.2) (1.7) 444413 (3.2) — 381 4565 374412 P 375413 402320 FIDELITYDCP MIDSTREAM NATIONAL Denver, FINANCIAL Colo. Jacksonville, Fla. 8,469.0 7,625.0 (22.4) 11.5 1,062.0 17.0 438231 (94.3) 69.1 10,677.0 14,127.0 337377 6,605.05,382.0 276241 6,854.3 847.9 446308 12.5 0.2 435129 0.19.9 43876 19.7 0.3 422151 (1.05)3.83 (272.1) 69.5 — 48.7 3.5 38788 6.3 — 334 4937 375413 R 376414 410381 ERIEAMERICAN INSURANCE TOWER GROUP Boston, Erie, Mass. Pa. 48 8,443.37,580.3 5.11.9 1,887.8 551.0 322157 (19.7) 52.7 23,346.742,801.6 248169 10,618.5 5,055.4 285176 96,444.0 — 51 24.9 6.5 26039 4.42.4 330236 37.3 5.2 38259 4.24— 53.1 — 21.4— 46 48.0 — 90 19.9 — 70 3652 376414 377415 395423 OSHKOSHGRAYBAR ELECTRICOshkosh, St. Wis. Louis, 2 Mo. 8,382.0 7,523.9 4.58.8 579.4144.5 410313 22.8 0.8 5,566.3 2,517.7 495452 2,599.8 892.9 450365 4,394.4 — 357 6.9 1.9 244391 10.4 5.7 18468 22.316.2 139191 6.418.21 30.5 0.6 14.1 — 110 56.6 — 59 10.8 — 254 6512 377415 378416 408398 CASEY’SWEC ENERGY GENERAL GROUP STORES Milwaukee, Ankeny, Wis. Iowa 49 8,364.9 7,523.1 E (2.0)11.9 1,134.0 203.9 398226 (35.9) 7.1 34,951.8 3,731.4 479193 10,113.41,408.8 429181 27,799.2 4,874.8 345150 15.1 2.4 36996 3.25.5 284198 14.5 11.2 283218 3.585.51 (33.9) 7.2 12.6 8.3 124177 36.925.1 257172 18.617.8 10789 6357 378416 379417 370424 WESCONVR Reston, INTERNATIONAL Va. Pittsburgh, Pa. 8,358.97,428.4 3.32.2 878.5223.4 392254 10.2 (1.7) 3,809.8 5,017.6 459477 2,265.52,341.2 380377 9,475.0 956.8 440274 11.8 2.7 362137 23.1 4.5 2345 37.5 9.9 31657 221.135.14 13.5 6.6 21.6 7.6 18745 56.323.7 26561 18.3 8.2 30197 6529 379417 1 380418 449388 TRACTORULTA BEAUTY SUPPLY Bolingbrook, Brentwood, Ill. Tenn. 8,351.97,398.1 10.1 5.6 705.9562.4 320292 5.67.2 4,863.95,289.3 455461 1,902.11,567.1 394418 9,809.99,893.6 263265 6.79.5 186251 10.614.5 6628 35.937.1 6062 12.154.66 11.18.1 33.8 19.5 6113 13.5 3.4 388347 30.322.9 408 57 380418 419 297 DEVON ENERGY Oklahoma City, Okla. 7,372.0 ¶ (31.3) (355.0) 463 (111.6) 13,717.0 341 5,802.0 263 2,645.8 389 (4.8) 471 (2.6) 469 (6.1) 440 (0.89) (114.6) — 16.7 321 (8.7) 389 42 419 DEFINITIONS381 • COMMSCOPE AND HOLDING EXPLANATIONS Hickory, N.C. and earnings 8,345.1per share are based82.7 on data as (929.5) originally480 (762.9)or charges, cumulative 14,431.6 effects335 of accounting 836.3 changes, 451 and 1,779.0 413 (11.1) 487 (6.4) 485 (111.1) 473 (5.02) (797.2) — (13.4) 436 — 44 381 420382 442276 HUNTSMANBLACKSTONE The GROUP Woodlands, New York, Texas N.Y. reported. They 8,342.07,338.3 are not ¶ restated (27.6) 7.4 for mergers, 2,049.7 562.0 acquisitions, 321147 66.832.9noncontrolling 32,585.5 8,320.0 interests (including402206 subsidiary 7,009.82,687.0 preferred 363237 30,696.4 3,217.2 380141 27.9 6.7 25025 6.36.8 164152 20.929.2 14488 3.032.44 34.175.5 17.7 — 71 96.628.9 23611 22.6 11.0 24742 138 420382 METHODOLOGY Companies are ranked by total revenues or accounting changes. The only changes to the prior years’ dividends) but before preferred dividends of the company. 383421 393427 AMERICANDEAN FOODS FINANCIAL Dallas, Texas GROUP Cincinnati, Ohio 8,237.07,328.7 15.2(5.5) (499.9) 897.0 249471 69.2 — 70,130.0 2,228.6 499110 6,269.0 (181.1) 480245 6,331.0 9.7 472314 10.9(6.8) 479155 (22.4) 1.3 495369 14.3 — 221 (5.45)9.85 68.4 — 8.3 — 176 (98.4) 27.1 467249 (42.6) 19.8 40671 3721 383421 for their respective fiscal years. Included in the survey are data are for significant restatement owing to reporting Figures in parentheses indicate a loss. Profit declines of more 422 422 FORTIVE Everett, Wash. 7,326.1 ¶ 1.7 738.9 285 (74.6) 17,439.0 300 7,387.0 233 18,566.8 199 10.1 178 4.2 242 10.0 313 1.97 (76.0) — 13.3 348 — 32 422 companies384 366 thatMASCO are incorporatedLivonia, Mich. in the U.S. and operate in errors that require 8,235.0 a company (1.5) to file an amended 935.0 10-K. 244 27.4than 100% reflect 5,027.0 swings from458 2018 profits (235.0) to 2019 481losses. 9,118.0 277 11.4 145 18.6 13 — 3.22 35.9 — 66.2 36 16.6 125 28 384 2 the385423 U.S.400429 and fileSANMINAUGI financial King ofSan Prussia,statements Jose, Calif.Pa. with 2 a government 8,233.97,320.4 15.8(4.3) 256.2 141.5 386413 (64.4)Profits — for real 13,346.6 3,905.5 estate investment 346474 trusts, partnerships, 1,642.63,817.5 316411 and 5,562.0 1,927.2 406327 3.51.7 398338 3.61.9 348262 6.78.6 364339 1.971.41 (65.3) — (1.1)— 265 (13.4)42.3 435127 13.912.0 22117855 16 385423 agency. This includes private companies and cooperatives1 REVENUES Revenues are as reported, including revenues cooperatives are reported but are not comparable with those 386424 369451 AMPHENOLBURLINGTON Wallingford, STORES Burlington, Conn. N.J. 7,286.48,225.4 0.39.3 1,155.0 465.1 339224 12.1(4.1) 10,815.5 5,593.9 450374 4,530.3 528.1 466298 10,441.321,725.6 255172 14.0 6.4 266111 10.7 8.3 10765 88.125.5 10816 3.756.91 14.4(2.6) 15.1 — 100 40.234.9 144182 17.6 — 112 4456 386424 that file a 10-K or a comparable financial statement with a from discontinued operations when published. If a spinoff is of the other companies on the list because they are not taxed 425 394 BUILDERS FIRSTSOURCE Dallas, Texas 7,280.4 (5.8) 221.8 393 8.1 3,249.5 486 825.0 453 1,420.3 424 3.0 352 6.8 150 26.9 102 1.90 8.0 — 132.9 4 20.8 57 7 425 government387 348 WILLIAMSagency, and Tulsa, mutual Okla. insurance companies that on the list, it has8,201.0 not been included (5.6) in discontinued 850.0 opera263- on —a comparable 46,040.0 basis. Profits158 for mutual 13,363.0 insurance compa140 - 17,165.7 210 10.4 170 1.8 351 6.4 370 0.70 — 3.6 235 14.1 340 8.3 300 49 387 13 file388426 with428 state• WESTINGHOUSETOLL regulators. BROTHERS It also AIRHorsham, BRAKEincludes TECHNOLOGIES Pa. companies that Pittsburgh, file tions. Pa. Revenues 8,200.0 7,224.0 for commercial 87.9 1.1 banks include 590.0326.7 interest 370312 and (21.1) 10.8nies are based 18,944.2 10,828.1 on statutory 280373 accounting. 9,956.5 5,071.8 284187 2,439.6 9,227.1 399275 4.08.2 324218 5.41.7 354199 11.6 3.3 402276 4.031.84 (39.7)(16.9) 4.4 — 228 21.411.5 355283 14.7 8.0 305167 2932 388426 with a government agency but are owned by private com- noninterest revenues. Revenues for insurance companies 389427 481374 EXPEDITORSOLD REPUBLIC INTERNATIONAL INTERNATIONAL OF WASHINGTONChicago, Ill. Seattle, Wash. 8,175.47,213.7 19.8 0.5 1,056.4 590.4 232311 185.1 (4.5) 21,076.3 3,691.9 262481 6,000.1 2,195.0 382253 11,208.24,634.9 247351 14.6 7.2 234103 16.0 5.0 21024 26.9 17.6 174101 3.393.51 183.1 (2.6) 11.8 — 130 16.117.6 329313 14.7 9.9 272169 3761 389427 panies, domestic or foreign, that do not file such financial include premium and annuity income, investment income, BALANCE SHEET Assets are the company’s year-end total. 439 ASBURY AUTOMOTIVE GROUP Duluth, Ga. 7,210.3 4.9 184.4 402 9.8 2,911.3 490 646.3 459 1,064.8 436 2.6 367 6.3 160 28.5 92 9.55 15.3 37.0 10 67.7 34 25.5 22 5 statements.390428 • ANDERSONSExcluded are Maumee, private companies Ohio not filing with and capital gains 8,170.2 or losses, 168.3 but exclude deposits. 18.3 Revenue437 (55.9)Total stockholders’ 3,900.7 equity is475 the sum of all capital 973.6 stock, 447 paid- 628.7 451 0.2 434 0.5 417 1.9 411 0.55 (62.3) (8.8) 286 (13.2) 434 5.5 342 22 390428 a429 391government435352 WESTLAKEARTHUR agency; J. GALLAGHERcompanies CHEMICAL Houston,incorporatedRolling Meadows, Texas outside Ill. the figures for all companies7,195.08,118.0 include (6.0) 3.8 consolidated 668.8 421.0 subsidiaries 304350 (57.7)in 5.6 capital, and 19,634.8 13,261.0retained earnings348271 at the company’s 5,860.0 5,155.5 year-end. 261281 15,454.9 4,900.8 344217 9.35.2 296192 3.23.4 290274 13.0 7.2 356245 3.253.52 (57.3) 3.5 23.310.6 14737 31.8 7.7 213371 20.6 19.5 5975 138 429391 U.S.; and U.S. companies consolidated by other companies, and exclude excise taxes. Data shown are for the fiscal year Excluded is equity attributable to noncontrolling interests. 430392 403436 CONSTELLATIONMASTEC Coral Gables, BRANDS Fla. Victor, N.Y. 12 8,116.07,183.2 E 4.07.0 3,435.9 392.3 36093 48.2 51.1 29,231.5 4,997.0 460219 12,551.0 1,787.2 400150 27,601.3 2,506.6 396152 42.3 5.5 2915 11.8 7.9 11755 22.027.4 14098 5.17— 58.6 — 19.1— 62 58.219.9 29554 28.8 17.8 10811 176 430392 PRINTEDdomestic or foreign, that file with COPY a government agency. FOR Also ended on PERSONAL or before Jan. 31, 2020. Unless otherwise noted,READING Also excluded is redeemable ONLY. preferred stock whose redemp - excluded393431 355431 areFRONTIEROWENS companies CORNING COMMUNICATIONS that failedToledo, to reportOhio Norwalk, full financial Conn. all figures are 7,160.08,107.0 for the year ended (5.9) 1.5 Dec. 31, 2019.(5,911.0) 405.0 356497 (25.7)tion — is either mandatory10,006.0 17,488.0 or 298outside382 the company’s (4,394.0) 4,631.0 control. 495295 4,200.9 39.9 360470 (72.9) 5.7 500286 (33.8) 4.0 499247 8.7 — 338 (56.80)3.68 (24.7) — 22.1— 43 (62.6) 50.5 46580 (33.1) 10.7 405255 587 393431 statements394432 399417 forJETBLUEMAGELLAN at least AIRWAYS HEALTHthree-quarters LongPhoenix, Island of Ariz. the City, current N.Y. fiscal 8,094.0 7,159.4 (2.1) 5.7 569.0 55.9 430315 202.7 131.2Dividends paid 11,918.03,092.2 on such stock488362 have been subtracted 4,799.0 1,397.8 from430292 the 2,525.7 1,188.2 394429 0.87.0 242421 4.8 1.8 353219 11.94.0 399271 2.281.91 135.1218.3 24.7 (2.7) 27132 37.516.6 324168 13.1 6.7 325192 253 394432 year.433 Percent412 DOVER change Downers calculations Grove, for Ill. revenue, net income, PROFITS Profits 7,136.4 are shown after (3.5) taxes, extraordinary 677.9 credits302 18.9profit figures used 8,669.5 in calculating 399 return on 3,032.7 equity. 342 12,094.4 243 9.5 187 7.8 118 22.4 137 4.61 22.9 9.2 166 65.7 37 18.0 102 32 433 FORTUNE JUNE/JULY 2020 NOT395 415 CITIZENS FOR FINANCIAL GROUPDISTRIBUTION. Providence, R.I. 8,066.0 9.7 1,791.0 161 4.1 165,733.0 54 22,201.0 83 8,040.0 295 22.2 56 1.1 386 8.1 342 3.81 8.2 — 42.0 132 — 9 395 2 434396 464407 RAYMONDBEACON ROOFING JAMES FINANCIAL SUPPLY Herndon, St. Petersburg, Va. Fla. 2 8,023.0 7,105.2 10.7 7.3 1,034.0 (10.6) 235441 (110.8) 20.7 38,830.0 6,392.8 435184 6,581.02,261.5 242381 8,802.7 1,138.0 280432 12.9(0.1) 441124 (0.2) 2.7 442315 15.7(0.5) 203425 (0.51)7.17 (148.6) 24.7 18.7 — 63 22.2 0.8 401277 15.8 7.2 318142 5465 434396 435397 385425 FOOTAVERY LOCKER DENNISON New Glendale, York, N.Y. Calif. 1 8,005.0 7,070.1 (1.2)0.8 303.6 491.0 335375 (35.0) (9.2) 6,589.05,488.8 453432 2,473.01,204.0 436372 8,485.4 2,297.4 402290 4.36.1 315271 5.57.5 130191 25.219.9 150114 4.503.57 (32.4) (3.4) 31.1 — 19 (24.4) 48.5 44889 16.316.4 135128 4656 435397 436398 444391 HERSHEYHANESBRANDS Hershey, Winston-Salem, Pa. N.C. 6,966.9 7,986.3 2.52.4 1,149.7 600.7 225310 (2.4)11.3 7,354.08,140.4 404415 1,236.61,739.2 404434 27,791.8 2,816.5 387151 14.4 8.6 204107 14.1 8.2 11033 48.666.1 3624 5.461.64 10.8(2.2) 28.4 11.1 13724 40.223.2 268143 17.911.1 239103 214 436398 399437 432387 ZIMMERPACKAGING BIOMET CORP. HOLDINGS OF AMERICA Warsaw, Lake Forest,Ind. Ill. 6,964.3 7,982.2 (0.7) 0.6 1,131.6 696.4 294227 (5.6) — 24,638.7 7,235.8 242418 12,388.1 3,071.0 340153 20,891.4 8,235.8 294181 14.210.0 180110 4.69.6 22683 22.7 9.1 332135 5.477.34 (5.9) — 10.9 5.1 144218 45.438.5 106161 20.510.5 26260 4046 399437 400438 462• CINCINNATIM&T BANK Buffalo, FINANCIAL N.Y. Fairfield, Ohio 6,941.37,924.2 46.5 7.5 1,929.11,997.4 154151 595.6 0.6 119,872.825,407.9 23673 15,716.69,864.4 192117 13,440.8 12,241.5 226241 25.227.8 3727 7.91.6 357116 20.2 12.3 257148 13.7512.10 591.4 7.9 16.916.4 7681 39.0 21.6 281157 19.412.6 20578 379 400438 439401 465421 WESTERNNCR Atlanta, & SOUTHERN Ga. FINANCIAL GROUP Cincinnati, Ohio 6,915.07,920.5 9.98.0 244.9564.0 387318 (50.5) — 54,702.7 8,987.0 396138 5,786.81,499.0 265423 2,287.0 — 403 8.23.1 219351 6.30.4 165419 37.6 4.2 39855 3.36— — — 52.3 — 74 12.2 — 215 3411 439401 440402 453397 W.R.NORTHERN BERKLEY TRUST Greenwich, Chicago, Conn. Ill. 7,902.26,895.1 3.52.7 1,492.2 681.9 298190 (4.1) 6.4 136,828.4 26,643.4 23164 11,091.06,074.9 170251 15,791.3 9,569.1 215271 21.6 8.6 20360 2.61.1 384321 13.511.2 233281 6.633.52 (0.2) 5.6 11.0 7.7 186143 30.643.7 221116 17.8 9.7 279106 379 440402 11 403441 459416 MOTOROLACINTAS Cincinnati, SOLUTIONS Ohio Chicago, Ill. 6,892.3 7,887.0 6.27.4 868.0885.0 256252 (10.1) 5.0 10,642.0 7,436.7 378414 3,002.7 (700.0) 344485 22,802.9 18,023.6 205168 12.811.0 125151 11.9 8.2 53111 29.5 — 85 4.957.99 (11.9) 5.7 18.4 — 65 42.361.8 12646 28.319.7 721444 14 403441 51 404442 367476 THORPOLARIS INDUSTRIES Medina, Minn.Elkhart, Ind. 15 6,863.47,864.8 (5.6)11.3 324.0133.3 372415 (69.0) (3.4) 4,430.55,660.4 449469 2,084.4 1,108.0 390442 2,959.02,328.3 385401 4.7 1.7 305399 2.47.3 332136 29.2 6.4 36989 5.202.47 (69.7) (0.8) 23.113.1 12040 46.436.2 17694 19.111.6 23182 6943 404442 443 440 CMS ENERGY Jackson, Mich. 6,845.0 (0.4) 680.0 299 3.5 26,837.0 229 5,018.0 286 16,697.2 212 9.9 182 2.5 322 13.6 230 2.39 3.0 10.1 154 29.9 228 18.9 85 63 443

444 455 SEABOARD Merriam, Kans. 6,840.0 3.9 283.0 381 — 6,285.0 437 3,544.0 323 3,273.8 379 4.1 320 4.5 228 8.0 344 242.78 — 12.5 126 20.4 291 12.3 210 22 444 2020 JUNE/JULY FORTUNE 445 482 INTUIT Mountain View, Calif. 15 6,784.0 13.7 1,557.0 184 28.6 6,283.0 438 3,749.0 318 59,912.6 79 23.0 50 24.8 4 41.5 49 5.89 26.9 15.9 92 34.1 187 24.9 27 10 445 DEFINITIONS,446 447 REGIONS EXPLANATIONS, FINANCIAL AND Birmingham, FOOTNOTES Ala. ARE ON PAGE 6,755.0 (0.1) 1,582.0 182 (10.1) 126,240.0 70 16,295.0 111 8,587.8 287 23.4 48 1.3 373 9.7 320 1.50 (2.6) — 33.3 199 14.5 171 9 446 447 • FM GLOBAL Johnston, R.I. 17 6,743.1 24.2 2,479.3 124 1,436.1 25,053.8 239 14,582.7 128 — 36.8 8 9.9 77 17.0 182 — — — — — 37 447 448 460 ADVANCED MICRO DEVICES Santa Clara, Calif. 6,731.0 4.0 341.0 368 1.2 6,028.0 442 2,827.0 354 53,250.4 93 5.1 298 5.7 187 12.1 266 0.30 (6.3) (4.0) 277 148.4 3 16.8 122 55 448 449 • OVINTIV Denver, Colo. 52 6,726.0 13.3 234.0 389 (78.1) 21,487.0 257 9,930.0 189 701.5 449 3.5 339 1.1 385 2.4 408 0.90 (83.8) (23.1) 295 (17.7) 440 (15.7) 399 42 449 450 475 BOOZ ALLEN HAMILTON HOLDING McLean, Va. 4 6,704.0 8.6 418.5 353 37.2 3,831.8 476 675.4 457 9,624.3 270 6.2 267 10.9 62 62.0 26 2.91 42.0 — 60.1 51 — 33 450 451 470 S&P GLOBAL New York, N.Y. 6,699.0 7.0 2,123.0 141 8.4 11,348.0 369 479.0 467 59,042.2 81 31.7 15 18.7 12 443.2 2 8.60 11.3 14.0 114 62.3 44 26.0 21 19 451 452 452 ROCKWELL AUTOMATION Milwaukee, Wis. 2 6,694.8 0.4 695.8 295 29.9 6,113.0 439 404.2 471 17,533.3 208 10.4 167 11.4 59 172.1 9 5.83 38.5 14.2 108 37.7 167 18.3 96 15 452 DANIEL ACKER—BLOOMBERG/GETTY IMAGES ACKER—BLOOMBERG/GETTY DANIEL

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357–404 / 500

REVENUES PROFITS ASSETS STOCKHOLDERS’ MARKET PROFITS AS % OF … EARNINGS PER SHARE TOTAL RETURN TO INVESTORS EQUITY VALUE % % 3/31/20 % 2009–2019 2009–2019 change change Stockholders’ change annual annual Industry RANK from from Revenues Assets equity 2019 from growth rate 2019 rate table RANK 2019 2018 $ millions 2018 $ millions Rank 2018 $ millions Rank $ millions Rank $ millions Rank % Rank % Rank % Rank $ 2018 % Rank % Rank % Rank number 2019 Newport News, Va. 8,899.0 8.8 549.0 323 (34.3) 7,031.0 422 1,588.0 416 7,420.3 303 6.2 270 7.8 119 34.6 66 13.26 (30.5) — 34.0 189 — 2 357 358 389 BERRY GLOBAL GROUP Evansville, Ind. 2 8,878.0 12.8 404.0 357 (18.5) 16,469.0 308 1,618.0 414 4,463.0 356 4.6 309 2.5 326 25.0 117 3.00 (18.3) — (0.1) 408 — 46 358 359 364 ANIXTER INTERNATIONAL Glenview, Ill. 8,845.6 5.3 262.9 385 68.2 4,808.9 463 1,860.9 398 2,972.7 384 3.0 355 5.5 196 14.1 225 7.67 67.5 — 69.6 30 9.0 292 66 359 360 368 ALASKA AIR GROUP Seattle, Wash. 8,781.0 6.3 769.0 279 76.0 12,993.0 353 4,331.0 305 3,490.0 375 8.8 202 5.9 178 17.8 173 6.19 75.9 22.1 42 13.9 345 24.1 34 3 360 361 362 YUM CHINA HOLDINGS Plano, Texas 8,776.0 4.3 713.0 290 0.7 6,950.0 424 3,077.0 339 16,033.2 214 8.1 221 10.3 71 23.2 132 1.84 2.8 — 44.7 111 — 23 361 362 359 DICK’S SPORTING GOODS Coraopolis, Pa. 1 8,750.7 3.7 297.5 379 (7.0) 6,628.6 431 1,731.6 406 1,848.3 409 3.4 341 4.5 231 17.2 179 3.34 3.1 11.3 135 63.1 41 9.1 291 57 362 363 365 CAESARS ENTERTAINMENT Las Vegas, Nev. 8,742.0 4.2 (1,195.0) 488 (494.4) 25,345.0 238 2,131.0 386 4,612.1 352 (13.7) 491 (4.7) 481 (56.1) 465 (1.77) — — 100.3 9 — 30 363 364 360 GENWORTH FINANCIAL Richmond, Va. 8,681.0 ¶ 3.0 343.0 367 188.2 101,342.0 87 14,185.0 131 1,675.8 414 4.0 325 0.3 428 2.4 407 0.67 179.2 — (5.6) 424 (9.0) 390 35 364 365 302 TARGA RESOURCES Houston, Texas 8,671.1 (17.3) (209.2) 453 (13,175.0) 18,815.1 283 5,199.6 279 1,610.8 418 (2.4) 461 (1.1) 453 (4.0) 433 (1.44) — — 24.2 263 — 49 365 366 334 COTY New York, N.Y. 6 8,648.5 (8.0) (3,784.2) 494 — 17,665.4 294 4,586.9 297 3,924.4 366 (43.8) 495 (21.4) 494 (82.5) 469 (5.04) — — 79.2 19 — 31 366 367 373 DANA Maumee, Ohio 8,620.0 5.9 226.0 390 (47.1) 7,220.0 419 1,873.0 397 1,128.2 433 2.6 363 3.1 292 12.1 265 1.56 (46.4) — 36.9 171 6.6 329 43 367 368 351 THRIVENT FINANCIAL FOR LUTHERANS Minneapolis, Minn. 19 8,611.7 (0.3) 968.1 240 (21.5) 102,478.3 85 10,064.8 182 — 11.2 149 0.9 396 9.6 323 — — — — — 34 368 369 321 AUTOLIV Auburn Hills, Mich. 46,47 8,547.6 (12.8) 461.5 340 142.4 6,771.2 429 2,109.2 388 4,017.4 364 5.4 293 6.8 151 21.9 141 5.29 142.7 46.0 1 24.2 262 13.1 194 43 369 370 377 SPARTANNASH Byron Center, Mich. 8,536.1 5.8 5.7 440 (82.9) 2,275.6 498 687.5 456 520.5 456 0.1 438 0.3 433 0.8 416 0.16 (82.8) (21.4) 294 (12.2) 433 2.4 364 67 370 371 358 EVERSOURCE ENERGY Springfield, Mass. 8,526.5 0.9 909.1 248 (12.0) 41,123.9 175 12,630.0 149 25,835.3 154 10.7 160 2.2 340 7.2 355 2.81 (13.5) 3.9 231 34.4 186 16.4 130 63 371 372 376 DARDEN RESTAURANTS Orlando, Fla. 11 8,510.4 5.3 713.4 289 19.7 5,892.8 447 2,392.6 375 6,580.0 311 8.4 210 12.1 51 29.8 82 5.69 20.3 7.9 183 12.3 351 17.2 116 23 372 373 309 CHESAPEAKE ENERGY Oklahoma City, Okla. 8,489.0 (17.0) (308.0) 459 (135.3) 16,193.0 314 4,364.0 302 337.7 461 (3.6) 468 (1.9) 462 (7.1) 441 (50.00) (129.4) — (60.7) 464 (28.2) 403 42 373 374 357 NATIONAL OILWELL VARCO Houston, Texas 8,479.0 0.3 (6,095.0) 498 — 13,149.0 351 7,778.0 225 3,793.9 368 (71.9) 499 (46.4) 500 (78.4) 468 (15.96) — — (1.7) 413 (3.2) FORTUNE381 45 500374 375 402 FIDELITY NATIONAL FINANCIAL Jacksonville, Fla. 8,469.0 11.5 1,062.0 231 69.1 10,677.0 377 5,382.0 276 6,854.3 308 12.5 129 9.9 76 19.7 151 3.83 69.5 — 48.7 88 — 37 375 376 381 ERIE INSURANCE GROUP Erie, Pa. 48 8,443.3 5.1 551.0 322 (19.7) 23,346.7 248 10,618.5 176 — 6.5 260 2.4 330 5.2 382 — — — — — 36 376 377 395 OSHKOSH Oshkosh, Wis. 2 8,382.0 8.8 579.4 313 22.8 5,566.3 452 2,599.8 365 4,394.4 357 6.9 244 10.4 68 22.3 139 8.21 30.5 — 56.6 59 10.8 254 12 377 378 408 CASEY’S GENERAL STORES Ankeny, Iowa 49 8,364.9 E 11.9 203.9 398 (35.9) 3,731.4 479 1,408.8 429 4,874.8 345 2.4 369 5.5 198 14.5 218 5.51 (33.9) 12.6 124 25.1 257 18.6 89 57 378 379 370 WESCO INTERNATIONAL Pittsburgh, Pa. 8,358.9 2.2 223.4 392 (1.7) 5,017.6 459 2,265.5 380 956.8 440 2.7 362 4.5 234 9.9 316 5.14 6.6 7.6 187 23.7 265 8.2 301 65 379 380 388 TRACTOR SUPPLY Brentwood, Tenn. 8,351.9 5.6 562.4 320 5.6 5,289.3 455 1,567.1 418 9,809.9 265 6.7 251 10.6 66 35.9 62 4.66 8.1 19.5 61 13.5 347 22.9 40 57 380

381 • COMMSCOPE HOLDING Hickory, N.C. 8,345.1 82.7 (929.5) 480 (762.9) 14,431.6 335 836.3 451 1,779.0 413 (11.1) 487 (6.4) 485 (111.1) 473 (5.02) (797.2) — (13.4) 436 — FORTUNE44 500381 382 276 HUNTSMAN The Woodlands, Texas 8,342.0 ¶ (27.6) 562.0 321 66.8 8,320.0 402 2,687.0 363 3,217.2 380 6.7 250 6.8 152 20.9 144 2.44 75.5 17.7 71 28.9 236 11.0 247 8 382 383 427 AMERICAN FINANCIAL GROUP Cincinnati, Ohio 8,237.0 15.2 897.0 249 69.2 70,130.0 110 6,269.0 245 6,331.0 314 10.9 155 1.3 369 14.3 221 9.85 68.4 8.3 176 27.1 249 19.8 71 37 383 384 366 MASCO Livonia, Mich. 8,235.0 ¶ (1.5) 935.0 244 27.4 5,027.0 458 (235.0) 481 9,118.0 277 11.4 145 18.6 13 — 3.22 35.9 — 66.2 36 16.6 125 28 384 385 429 SANMINA San Jose, Calif. 2 8,233.9 15.8 141.5 413 — 3,905.5 474 1,642.6 411 1,927.2 406 1.7 398 3.6 262 8.6 339 1.97 — — 42.3 127 12.0 221 55 385 357–404 / 500 386 369 AMPHENOL Wallingford, Conn. 8,225.4 0.3 1,155.0 224 (4.1) 10,815.5 374 4,530.3 298 21,725.6 172 14.0 111 10.7 65 25.5 108 3.75 (2.6) 15.1 100 34.9 182 17.6 112 44 386 387 348 WILLIAMS Tulsa, Okla. 8,201.0 (5.6) 850.0 263 — 46,040.0 158 13,363.0 140 17,165.7 210 10.4 170 1.8 351 6.4 370 0.70 — 3.6 235 14.1 340 8.3 300 49 387 388 • WESTINGHOUSE AIR BRAKE TECHNOLOGIES Pittsburgh, Pa. 8,200.0 87.9 326.7 370 10.8 18,944.2 280 9,956.5 187 9,227.1 275 4.0 324 1.7 354 3.3 402 1.84 (39.7) 4.4 228 11.5 355 14.7 167 32 388 389 374 EXPEDITORS INTERNATIONAL OF WASHINGTON Seattle, Wash. 8,175.4 0.5 590.4 311 (4.5) 3,691.9 481 2,195.0 382 11,208.2 247 7.2 234 16.0 24 26.9 101 3.39 (2.6) 11.8 130 16.1 329 9.9 272 61 389 390 • ANDERSONS Maumee, Ohio 8,170.2 168.3 18.3 437 (55.9) 3,900.7 475 973.6 447 628.7 451 0.2 434 0.5 417 1.9 411 0.55 (62.3) (8.8) 286 (13.2) 434 5.5 342 22 390 REVENUES PROFITS ASSETS STOCKHOLDERS’ MARKET PROFITS AS % OF … EARNINGS PER SHARE TOTAL RETURN TO INVESTORS THE391 LISTS352 WESTLAKE LARGEST CHEMICAL U.S.Houston, CORPORATIONS Texas 8,118.0 (6.0) 421.0 350 (57.7) 13,261.0 348 EQUITY 5,860.0 261 VALUE 4,900.8 344 5.2 296 3.2 290 7.2 356 3.25 (57.3) 23.3 37 7.7 371 20.6 59 FORTUNE8 500391 392 403 CONSTELLATION BRANDS Victor, N.Y. 12 8,116.0 E 7.0% 3,435.9 93 48.2% 29,231.5 219 12,551.0 150 3/31/20 27,601.3 152 42.3 5 11.8 55 27.4 98 — % — 2009–2019— 19.9 295 2009–201928.8 11 6 392 change change Stockholders’ change annual annual Industry RANK393 355 FRONTIER COMMUNICATIONS Norwalk, Conn. 8,107.0 from (5.9) (5,911.0) 497 from — 17,488.0 298 (4,394.0) 495 39.9 470 (72.9)Revenues500 (33.8)Assets499 — equity 2019(56.80) from — growth— rate 2019 (62.6) 465 (33.1) rate405table 58 RAN393K 2019394 2018399 JETBLUE AIRWAYS Long Island City, N.Y. $ 8,094.0millions 2018 5.7 TOLL$ millions BROTHERS 569.0 Rank315 Revenues 202.72018 at the luxury$ millions11,918.0 homebuilder Rank362 were$ millionsalmost4,799.0 flatRank292 $ millions 2,525.7 Rank394 7.0% Rank242 4.8% Rank219 11.9 % Rank271 $1.91 2018 218.3 24.7% Rank32 16.6% Rank324 13.1% Rank192 number3 2019394 last year, and earnings sank 21%. The main culprit: slowing demand 395 415 CITIZENS FINANCIAL GROUP Providence, R.I. 8,066.0 9.7 1,791.0 161 4.1 165,733.0 54 22,201.0 83 8,040.0 295 22.2 56 1.1 386 8.1 342 3.81 8.2 — 42.0 132 — 9 395 405–452 / 500 Newport News, Va. 8,899.0 8.8 in a key 549.0 market, 323 California. (34.3) Heading into 7,031.0 2020, Toll422 Brothers had 1,588.0 been 416 7,420.3 303 6.2 270 7.8 119 34.6 66 13.26 (30.5) — 34.0 189 — 2 357 2 2 426 396358 389407 BERRYRAYMOND GLOBAL JAMES GROUP FINANCIAL Evansville, St. Petersburg, Ind. Fla. 8,023.08,878.0 12.8 7.3 “optimistic”—but 1,034.0 404.0 235357 its stock (18.5)20.7 was down 38,830.0 16,469.039% year to308184 date through 6,581.01,618.0 April on242414 4,463.08,802.7 280356 12.9 4.6 309124 2.52.7 326315 25.015.7 203117 3.007.17 (18.3)24.7 18.7 — 63 22.2(0.1) 408277 15.8 — 142 4654 396358 359397 364385 ANIXTERFOOT LOCKER INTERNATIONAL New York, N.Y.Glenview, 1 Ill. 8,005.08,845.6 0.85.3 fears of 262.9491.0 a coronavirus-driven 385335 68.2 (9.2) slump in 4,808.96,589.0 home sales.463432 —Lucinda 2,473.01,860.9 Shen 398372 2,297.42,972.7 402384 6.13.0 355271 5.57.5 130196 14.119.9 225150 4.507.67 67.5(3.4) 31.1 — 19 (24.4) 69.6 44830 16.3 9.0 292135 6656 359397 360398 368391 ALASKAHERSHEY AIR Hershey, GROUP Pa.Seattle, Wash. 7,986.38,781.0 6.32.5 1,149.7 769.0 225279 76.0 (2.4) 12,993.0 8,140.4 404353 4,331.01,739.2 404305 3,490.027,791.8 375151 14.4 8.8 202107 14.1 5.9 17833 66.1 17.8 17324 5.466.19 75.9(2.2) 22.1 11.1 13742 40.2 13.9 345143 24.1 17.9 10334 213 360398 399361 387362 YUMZIMMER CHINA BIOMET HOLDINGS HOLDINGS Plano, Warsaw, Texas Ind. 8,776.07,982.2 0.64.3 1,131.6 713.0 290227 0.7 — 24,638.7 6,950.0 424242 12,388.1 3,077.0 339153 16,033.220,891.4 214181 14.2 8.1 221110 10.3 4.6 22671 23.2 9.1 332132 5.471.84 2.8 — 5.1 — 218 44.745.4 106111 10.5 — 262 4023 399361 400362 359• CINCINNATIDICK’S SPORTING FINANCIAL GOODS Fairfield, Coraopolis, Ohio Pa. 1 REVENUES 8,750.77,924.2 46.5 3.7 PROFITS 1,997.4 297.5 379151 595.6 (7.0) ASSETS 25,407.9 6,628.6 236431 STOCKHOLDERS’ 9,864.4 1,731.6 406192 MARKET 12,241.5 1,848.3 409241 PROFITS 25.2 3.4 AS34137 % OF … 4.57.9 231116 20.2 17.2 148179 EARNINGS12.103.34 PER 591.4 SHARE 3.1 16.411.3 13581 TOTAL 63.139.0 RETURN 15741 TO INVESTORS 19.4 9.1 29178 5737 400362 363401 365421 CAESARSWESTERN ENTERTAINMENT& SOUTHERN FINANCIAL Las Vegas, GROUP Nev. Cincinnati, Ohio 8,742.07,920.5 4.29.9 (1,195.0) 244.9 488387 (494.4) (50.5) 25,345.054,702.7 238138 EQUITY 5,786.8 2,131.0 386265 VALUE 4,612.1 — 352 (13.7) 3.1 491351 (4.7) 0.4 481419 (56.1) 4.2 465398 (1.77)— — — 100.3 — 9 — 3034 363401 3/31/20 402 397 W.R. BERKLEY Greenwich, Conn. 7,902.2 ¶ 2.7% 681.9 298 6.4% 26,643.4 231 6,074.9 251 9,569.1 271 8.6 203 2.6 321 11.2 281 3.52 5.6% 2009–2019 11.0 143 43.7 116 2009–2019 17.8 106 37 402 364 360 GENWORTH FINANCIAL Richmond, Va. 8,681.0 change 3.0 343.0 367 change 188.2 101,342.0 87 14,185.0 131 1,675.8 414 4.0 325 0.3 428 Stockholders 2.4 407 ’ 0.67 change 179.2 —annual (5.6) 424 (9.0)annual390 Industry35 364 RANK403365 302416 TARGAMOTOROLA RESOURCES SOLUTIONS Houston, Chicago, Texas Ill. 7,887.0 8,671.1 from(17.3) 7.4 (209.2) 868.0 453256 (13,175.0) from(10.1) 10,642.0 18,815.1 283378 5,199.6 (700.0) 485279 22,802.9 1,610.8 168418 (2.4)11.0Revenues 461151 (1.1)8.2 Assets453111 (4.0) — equity433 2019(1.44)4.95 from (11.9) — growth — rate 2019 42.324.2 263126 19.7 — rate72 table4449 RAN403365K 2019404366 2018334367 COTYTHOR INDUSTRIESNew York, N.Y. Elkhart, 6 Ind. 15 $ millions 8,648.57,864.8 2018 (5.6)(8.0) $ (3,784.2)millions 133.3 Rank494415 2018(69.0) — $ 17,665.4millions5,660.4 Rank449294 $ 2,084.4millions4,586.9 Rank390297 $ millions3,924.42,328.3 Rank366401 (43.8) 1.7% Rank495399 (21.4) 2.4% Rank494332 (82.5) 6.4 % Rank469369 (5.04)2.47$ 2018 (69.7) — 23.1%— Rank40 46.479.2% Rank9419 11.6% — Rank231 number4331 2019404366 405367 450373 DANAREGENERON Maumee, PHARMACEUTICALS Ohio Tarrytown, N.Y. 8,620.07,863.4 17.2 5.9 2,115.8 226.0 390142 (13.4)(47.1) 14,805.2 7,220.0 328419 11,089.7 1,873.0 397171 53,721.6 1,128.2 43392 26.9 2.6 36330 14.3 3.1 29229 19.112.1 265159 18.461.56 (46.4) (13.3) — 36.9 0.5 404171 31.6 6.6 3297 4843 405367 406368 420351 THRIVENTSPIRIT AEROSYSTEMS FINANCIAL FOR HOLDINGS LUTHERANS Wichita, Minneapolis, Kans. Minn. 19 7,863.18,611.7 (0.3) 8.9 968.1530.1 240327 (14.1)(21.5) 102,478.3 7,606.0 41185 10,064.8 1,761.4 402182 2,506.5 — 397 11.26.7 248149 0.97.0 396145 30.1 9.6 32381 5.06— (10.4) — 14.0— 113 1.7 — 398 14.1 — 177 342 406368 49 369407 414321 AUTOLIVJ.M. SMUCKER Auburn Orrville, Hills, Mich.Ohio 46,47 7,838.08,547.6 (12.8) 6.5 461.5514.4 340330 142.4 (61.6) 16,711.3 6,771.2 306429 7,970.52,109.2 388221 12,658.2 4,017.4 364231 6.65.4 293259 6.83.1 295151 21.9 6.5 368141 5.294.52 142.7 (61.6) 46.0 3.8 2331 24.214.9 336262 13.1 8.0 303194 4321 369407 DEFINITIONS, EXPLANATIONS, AND FOOTNOTES ARE ON PAGE 408370 392377 SPARTANNASHPPL Allentown, Byron Pa. Center, Mich. 8,536.17,769.0 (0.2) 5.8 1,746.0 5.7 440167 (82.9) (4.4) 45,680.0 2,275.6 498159 12,991.0 687.5 456145 18,949.6 520.5 456194 22.5 0.1 43853 0.33.8 433256 13.4 0.8 234416 2.370.16 (82.8) (8.1) (21.4) 8.2 294179 (12.2)33.7 433195 6.92.4 364324 6367 408370 50 409371 430358 EVERSOURCEINSIGHT ENTERPRISES ENERGY Springfield,Tempe, Ariz. Mass. 8,526.5 7,731.2 0.99.2 909.1 159.4 407248 (12.0) (2.6) 41,123.9 4,178.2 471175 12,630.0 1,160.3 438149 25,835.3 1,485.7 423154 10.7 2.1 387160 3.82.2 340257 13.7 7.2 355228 4.432.81 (13.5) (2.6) 19.8 3.9 23159 34.472.5 18627 16.419.9 13067 6333 409371 372410 404376 DARDENQUEST DIAGNOSTICS RESTAURANTS Secaucus, Orlando, N.J. Fla. 11 8,510.47,726.0 2.65.3 858.0 713.4 289259 16.619.7 12,843.0 5,892.8 355447 2,392.65,641.0 269375 10,716.46,580.0 251311 11.1 8.4 150210 12.1 6.7 15551 29.815.2 20982 5.696.28 20.3 18.7 5.07.9 183221 31.212.3 351217 17.2 7.7 312116 2327 372410 373411 309413 CHESAPEAKEKEYCORP Cleveland, ENERGY OhioOklahoma City, Okla. 8,489.07,694.0 (17.0) 4.1 (308.0)1,717.0 459169 (135.3) (8.0) 144,988.0 16,193.0 31462 17,038.0 4,364.0 302108 10,057.8 337.7 260461 22.3 (3.6) 46855 (1.9) 1.2 462376 10.1 (7.1) 310441 (50.00)1.62 (129.4) (5.3) — (60.7) 42.4 464125 (28.2) 16.3 403134 429 373411 374412 347357 NATIONALVERITIV Atlanta, OILWELL Ga. VARCO Houston, Texas 8,479.07,659.4 (11.9) 0.3 (6,095.0) (29.5) 444498 — 13,149.0 2,511.1 496351 7,778.0 536.2 465225 3,793.9 126.9 466368 (71.9) (0.4) 444499 (46.4) (1.2) 500454 (78.4) (5.5) 468438 (15.96)(1.84) — — (21.2) (1.7) 444413 (3.2) — 381 4565 374412 P 375413 402320 FIDELITYDCP MIDSTREAM NATIONAL Denver, FINANCIAL Colo. Jacksonville, Fla. 8,469.0 7,625.0 (22.4) 11.5 1,062.0 17.0 438231 (94.3) 69.1 10,677.0 14,127.0 337377 6,605.05,382.0 276241 6,854.3 847.9 446308 12.5 0.2 435129 0.19.9 43876 19.7 0.3 422151 (1.05)3.83 (272.1) 69.5 — 48.7 3.5 38788 6.3 — 334 4937 375413 R 376414 410381 ERIEAMERICAN INSURANCE TOWER GROUP Boston, Erie, Mass. Pa. 48 8,443.37,580.3 5.11.9 1,887.8 551.0 322157 (19.7) 52.7 23,346.742,801.6 248169 10,618.5 5,055.4 285176 96,444.0 — 51 24.9 6.5 26039 4.42.4 330236 37.3 5.2 38259 4.24— 53.1 — 21.4— 46 48.0 — 90 19.9 — 70 3652 376414 377415 395423 OSHKOSHGRAYBAR ELECTRICOshkosh, St. Wis. Louis, 2 Mo. 8,382.0 7,523.9 4.58.8 579.4144.5 410313 22.8 0.8 5,566.3 2,517.7 495452 2,599.8 892.9 450365 4,394.4 — 357 6.9 1.9 244391 10.4 5.7 18468 22.316.2 139191 6.418.21 30.5 0.6 14.1 — 110 56.6 — 59 10.8 — 254 6512 377415 378416 408398 CASEY’SWEC ENERGY GENERAL GROUP STORES Milwaukee, Ankeny, Wis. Iowa 49 8,364.9 7,523.1 E (2.0)11.9 1,134.0 203.9 398226 (35.9) 7.1 34,951.8 3,731.4 479193 10,113.41,408.8 429181 27,799.2 4,874.8 345150 15.1 2.4 36996 3.25.5 284198 14.5 11.2 283218 3.585.51 (33.9) 7.2 12.6 8.3 124177 36.925.1 257172 18.617.8 10789 6357 378416 379417 370424 WESCONVR Reston, INTERNATIONAL Va. Pittsburgh, Pa. 8,358.97,428.4 3.32.2 878.5223.4 392254 10.2 (1.7) 3,809.8 5,017.6 459477 2,265.52,341.2 380377 9,475.0 956.8 440274 11.8 2.7 362137 23.1 4.5 2345 37.5 9.9 31657 221.135.14 13.5 6.6 21.6 7.6 18745 56.323.7 26561 18.3 8.2 30197 6529 379417 1 380418 449388 TRACTORULTA BEAUTY SUPPLY Bolingbrook, Brentwood, Ill. Tenn. 8,351.97,398.1 10.1 5.6 705.9562.4 320292 5.67.2 4,863.95,289.3 455461 1,902.11,567.1 394418 9,809.99,893.6 263265 6.79.5 186251 10.614.5 6628 35.937.1 6062 12.154.66 11.18.1 33.8 19.5 6113 13.5 3.4 388347 30.322.9 408 57 380418 419 297 DEVON ENERGY Oklahoma City, Okla. 7,372.0 ¶ (31.3) (355.0) 463 (111.6) 13,717.0 341 5,802.0 263 2,645.8 389 (4.8) 471 (2.6) 469 (6.1) 440 (0.89) (114.6) — 16.7 321 (8.7) 389 42 419 381 • COMMSCOPE HOLDING Hickory, N.C. 8,345.1 82.7 (929.5) 480 (762.9) 14,431.6 335 836.3 451 EMPLOYEES 1,779.0 The figure413 shown is a (11.1) fiscal year-end487 number (6.4) 485 It has (111.1) been assumed473 that any(5.02) proceeds from(797.2) cash dividends — and balance (13.4) sheet436 data provided — by the companies44 were381 420382 442276 HUNTSMANBLACKSTONE The GROUP Woodlands, New York, Texas N.Y. 8,342.07,338.3 ¶ (27.6) 7.4 2,049.7 562.0 321147 66.832.9 32,585.5 8,320.0 402206 7,009.82,687.0 363237 as published 30,696.4 3,217.2 by the380 company141 in its 27.9 6.7 annual 250 report.25 Where 6.36.8 164152 and stock 20.929.2 received14488 in spinoffs3.032.44 were reinvested 34.175.5 when 17.7 they — 71 reviewed 96.628.9 and verified23611 against 22.6 11.0 published 24742 earnings138 releases,420382 the breakdown between full- and part-time employees is were paid. Returns are adjusted for stock splits, stock 10-K filings, and annual reports by reporter Douglas G. Elam 383421 393427 AMERICANDEAN FOODS FINANCIAL Dallas, Texas GROUP Cincinnati, Ohio 8,237.07,328.7 15.2(5.5) (499.9) 897.0 249471 69.2 — 70,130.0 2,228.6 499110 6,269.0 (181.1) 480245 6,331.0 9.7 472314 10.9(6.8) 479155 (22.4) 1.3 495369 14.3 — 221 (5.45)9.85 68.4 — 8.3 — 176 (98.4) 27.1 467249 (42.6) 19.8 40671 3721 383421 supplied, a part-time employee is counted as one-half of a dividends, recapitalizations, and corporate reorganizations and accounting specialist Rhona Altschuler. Markets editor 422 422 FORTIVE Everett, Wash. 7,326.1 ¶ 1.7 738.9 285 (74.6) 17,439.0 300 7,387.0 233 18,566.8 199 10.1 178 4.2 242 10.0 313 1.97 (76.0) — 13.3 348 — 32 422 384 366 MASCO Livonia, Mich. 8,235.0 (1.5) 935.0 244 27.4 5,027.0 458 (235.0) 481 full-time 9,118.0 employee. 277 11.4 145 18.6 13 as they occurred;— however, no3.22 effort has been 35.9 made to —reflect Kathleen 66.2 Smyth used36 those 16.6 same sources125 to check 28 the data384 2 385423 400429 SANMINAUGI King ofSan Prussia, Jose, Calif.Pa. 2 8,233.97,320.4 15.8(4.3) 256.2 141.5 386413 (64.4) — 13,346.6 3,905.5 346474 1,642.63,817.5 316411 5,562.0 1,927.2 406327 3.51.7 398338 3.61.9 348262 the cost 6.78.6 of brokerage364339 commissions1.971.41 or of taxes.(65.3) — Total-return (1.1)— 265 for earnings (13.4)42.3 per 435share.127 In addition, 13.912.0 we221178 used data 55 16provided385423 1 EARNINGS PER SHARE The figure shown for each company percentages shown are the returns received by the hypo- by Refinitiv and S&P Global Market Intelligence to calculate 2020 JUNE/JULY FORTUNE 386424 369451 AMPHENOLBURLINGTON Wallingford, STORES Burlington, Conn. N.J. 7,286.48,225.4 0.39.3 1,155.0 465.1 339224 12.1(4.1) 10,815.5 5,593.9 450374 4,530.3 528.1 466298 10,441.321,725.6 255172 14.0 6.4 266111 10.7 8.3 10765 88.125.5 10816 3.756.91 14.4(2.6) 15.1 — 100 40.234.9 144182 17.6 — 112 4456 386424 is the diluted earnings-per-share figure that appears on thetical investor described above. The five-year and 10-year total return and market capitalization. The data verification 425 394 BUILDERS FIRSTSOURCE Dallas, Texas 7,280.4 (5.8) 221.8 393 8.1 3,249.5 486 825.0 453 1,420.3 424 3.0 352 6.8 150 26.9 102 1.90 8.0 — 132.9 4 20.8 57 7 425 387 348 WILLIAMS Tulsa, Okla. 8,201.0 (5.6) 850.0 263 — 46,040.0 158 13,363.0 140 the income 17,165.7 statement. 210 Per-share 10.4 earnings 170 are adjusted 1.8 351 returns 6.4 are the370 annual rates, 0.70compounded. — 3.6 235 process 14.1 was aided340 substantially 8.3 by information300 49provided387 by 13 388426 428• WESTINGHOUSETOLL BROTHERS AIRHorsham, BRAKE TECHNOLOGIES Pa. Pittsburgh, Pa. 8,200.0 7,224.0 87.9 1.1 590.0326.7 370312 (21.1) 10.8 18,944.2 10,828.1 280373 9,956.5 5,071.8 284187 for stock 2,439.6 9,227.1 splits and399 275stock dividends. 4.08.2 Though 324218 earnings-per- 5.41.7 354199 11.6 3.3 402276 4.031.84 (39.7)(16.9) 4.4 — 228 S&P Global 21.411.5 Market355283 Intelligence. 14.7 8.0 305167 2932 388426 share numbers are not marked by footnotes, if a company’s MEDIANS No attempt has been made to calculate median 389427 481374 EXPEDITORSOLD REPUBLIC INTERNATIONAL INTERNATIONAL OF WASHINGTONChicago, Ill. Seattle, Wash. 8,175.47,213.7 19.8 0.5 1,056.4 590.4 232311 185.1 (4.5) 21,076.3 3,691.9 262481 6,000.1 2,195.0 382253 11,208.24,634.9 247351 14.6 7.2 234103 16.0 5.0 21024 26.9 17.6 174101 3.393.51 183.1 (2.6) 11.8 — 130 16.117.6 329313 14.7 9.9 272169 3761 389427 profits are footnoted it can be assumed that earnings per figures in the tables for groups of fewer than four compa- FOOTNOTES 428 439 ASBURY AUTOMOTIVE GROUP Duluth, Ga. 7,210.3 4.9 184.4 402 9.8 2,911.3 490 646.3 459 1,064.8 436 2.6 367 6.3 160 28.5 92 9.55 15.3 37.0 10 67.7 34 25.5 22 5 428 390 • ANDERSONS Maumee, Ohio 8,170.2 168.3 18.3 437 (55.9) 3,900.7 475 973.6 447 share are 628.7 affected as451 well. The five-year 0.2 and434 10-year 0.5 earn -417 nies. The 1.9 medians411 for profit changes0.55 from (62.3) 2018 to 2019(8.8) 286 P A partnership. (13.2) 434 5.5 342 22 390 429391 435352 WESTLAKEARTHUR J. GALLAGHER CHEMICAL Houston,Rolling Meadows, Texas Ill. 7,195.08,118.0 (6.0) 3.8 668.8 421.0 304350 (57.7) 5.6 19,634.8 13,261.0 348271 5,860.0 5,155.5 261281 ings-growth 15,454.9 4,900.8 rates 344are217 the annual 9.35.2rates, compounded.296192 3.23.4 290274 do not 13.0 7.2 include 356245 companies that3.253.52 lost money (57.3) 3.5in 2018 23.3or10.6 lost 14737 R A real estate31.8 7.7 investment213371 trust.20.6 19.5 5975 138 429391 money in both 2018 and 2019, because no meaningful 1 Figures are for fiscal year ended Jan. 31, 2020. 430392 403436 CONSTELLATIONMASTEC Coral Gables, BRANDS Fla. Victor, N.Y. 12 8,116.07,183.2 E 4.07.0 3,435.9 392.3 36093 48.2 51.1 29,231.5 4,997.0 460219 12,551.0 1,787.2 400150 27,601.3 2,506.6 396152 42.3 5.5 2915 11.8 7.9 11755 22.027.4 14098 5.17— 58.6 — 19.1— 62 58.219.9 29554 28.8 17.8 10811 176 430392 TOTAL RETURN TO INVESTORS Total return to investors includes percentage changes can be calculated in such cases. 2 Figures are for fiscal year ended Sept. 30, 2019. Toledo, Ohio 356 382 295 PRINTED360 286 COPY247 FOR338 PERSONAL43 READING80 255 ONLY.7 393431 355431 FRONTIEROWENS CORNING COMMUNICATIONS Norwalk, Conn. 7,160.08,107.0 (5.9) 1.5 (5,911.0) 405.0 497 (25.7) — 10,006.0 17,488.0 298 (4,394.0) 4,631.0 495 both price 4,200.9 39.9appreciation 470 and dividend (72.9) 5.7 yield 500 to an investor (33.8) 4.0 in the499 8.7 — (56.80)3.68 (24.7) — 22.1— 15 Figures (62.6) 50.5 are for465 fiscal year (33.1) 10.7 ended July405 31, 2019. 58 393431 394432 399417 JETBLUEMAGELLAN AIRWAYS HEALTH LongPhoenix, Island Ariz. City, N.Y. 8,094.0 7,159.4 (2.1) 5.7 569.0 55.9 430315 202.7 131.2 11,918.03,092.2 488362 4,799.0 1,397.8 430292 company’s 2,525.7 1,188.2 stock. The394429 figures shown 0.87.0 assume 242421 sales at 4.8 1.8 the end353219 CREDITS 11.94.0 This 399 271Fortune 500 Directory2.281.91 was 135.1218.3 prepared 24.7 under(2.7) 27132 49 Figures 37.516.6 are for324 168fiscal year 13.1 ended6.7 April325192 30, 2019.25 3 394432 of 2019 of stock owned at the end of 2009, 2014, and 2018. the direction of list editor Scott DeCarlo. Income statement 50 Acquired PCM (2018 rank: 938), Aug. 30, 2019. 433395 415412 CITIZENSDOVER Downers FINANCIAL Grove, GROUP Ill. Providence, R.I. 8,066.0 7,136.4 (3.5) 9.7 1,791.0 677.9 302161 18.9 4.1 165,733.0 8,669.5 39954 22,201.0 3,032.7 34283 12,094.4 8,040.0NOT 295243 FOR 22.2 9.5 18756 DISTRIBUTION. 7.81.1 386118 22.4 8.1 342137 4.613.81 22.9 8.2 9.2 — 166 65.742.0 13237 18.0 — 102 329 433395 2 434396 464407 RAYMONDBEACON ROOFING JAMES FINANCIAL SUPPLY Herndon, St. Petersburg, Va. Fla. 2 8,023.0 7,105.2 10.7 7.3 1,034.0 (10.6) 235441 (110.8) 20.7 38,830.0 6,392.8 435184 6,581.02,261.5 242381 8,802.7 1,138.0 280432 12.9(0.1) 441124 (0.2) 2.7 442315 15.7(0.5) 203425 (0.51)7.17 (148.6) 24.7 18.7 — 63 22.2 0.8 401277 15.8 7.2 318142 5465 434396 435397 385425 FOOTAVERY LOCKER DENNISON New Glendale, York, N.Y. Calif. 1 8,005.0 7,070.1 (1.2)0.8 303.6 491.0 335375 (35.0) (9.2) 6,589.05,488.8 453432 2,473.01,204.0 436372 8,485.4 2,297.4 402290 4.36.1 315271 5.57.5 130191 25.219.9 150114 4.503.57 (32.4) (3.4) 31.1 — 19 (24.4) 48.5 44889 16.316.4 135128 4656 435397 436398 444391 HERSHEYHANESBRANDS Hershey, Winston-Salem, Pa. N.C. 6,966.9 7,986.3 2.52.4 1,149.7 600.7 225310 (2.4)11.3 7,354.08,140.4 404415 1,236.61,739.2 404434 27,791.8 2,816.5 387151 14.4 8.6 204107 14.1 8.2 11033 48.666.1 3624 5.461.64 10.8(2.2) 28.4 11.1 13724 40.223.2 268143 17.911.1 239103 214 436398 399437 432387 ZIMMERPACKAGING BIOMET CORP. HOLDINGS OF AMERICA Warsaw, Lake Forest,Ind. Ill. 6,964.3 7,982.2 (0.7) 0.6 1,131.6 696.4 294227 (5.6) — 24,638.7 7,235.8 242418 12,388.1 3,071.0 340153 20,891.4 8,235.8 294181 14.210.0 180110 4.69.6 22683 22.7 9.1 332135 5.477.34 (5.9) — 10.9 5.1 144218 45.438.5 106161 20.510.5 26260 4046 399437 400438 462• CINCINNATIM&T BANK Buffalo, FINANCIAL N.Y. Fairfield, Ohio 6,941.37,924.2 46.5 7.5 1,929.11,997.4 154151 595.6 0.6 119,872.825,407.9 23673 15,716.69,864.4 192117 13,440.8 12,241.5 226241 25.227.8 3727 7.91.6 357116 20.2 12.3 257148 13.7512.10 591.4 7.9 16.916.4 7681 39.0 21.6 281157 19.412.6 20578 379 400438 439401 465421 WESTERNNCR Atlanta, & SOUTHERN Ga. FINANCIAL GROUP Cincinnati, Ohio 6,915.07,920.5 9.98.0 244.9564.0 387318 (50.5) — 54,702.7 8,987.0 396138 5,786.81,499.0 265423 2,287.0 — 403 8.23.1 219351 6.30.4 165419 37.6 4.2 39855 3.36— — — 52.3 — 74 12.2 — 215 3411 439401 440402 453397 W.R.NORTHERN BERKLEY TRUST Greenwich, Chicago, Conn. Ill. 7,902.26,895.1 3.52.7 1,492.2 681.9 298190 (4.1) 6.4 136,828.4 26,643.4 23164 11,091.06,074.9 170251 15,791.3 9,569.1 215271 21.6 8.6 20360 2.61.1 384321 13.511.2 233281 6.633.52 (0.2) 5.6 11.0 7.7 186143 30.643.7 221116 17.8 9.7 279106 379 440402 11 403441 459416 MOTOROLACINTAS Cincinnati, SOLUTIONS Ohio Chicago, Ill. 6,892.3 7,887.0 6.27.4 868.0885.0 256252 (10.1) 5.0 10,642.0 7,436.7 378414 3,002.7 (700.0) 344485 22,802.9 18,023.6 205168 12.811.0 125151 11.9 8.2 53111 29.5 — 85 4.957.99 (11.9) 5.7 18.4 — 65 42.361.8 12646 28.319.7 721444 14 403441 51 404442 367476 THORPOLARIS INDUSTRIES Medina, Minn.Elkhart, Ind. 15 6,863.47,864.8 (5.6)11.3 324.0133.3 372415 (69.0) (3.4) 4,430.55,660.4 449469 2,084.4 1,108.0 390442 2,959.02,328.3 385401 4.7 1.7 305399 2.47.3 332136 29.2 6.4 36989 5.202.47 (69.7) (0.8) 23.113.1 12040 46.436.2 17694 19.111.6 23182 6943 404442 443 440 CMS ENERGY Jackson, Mich. 6,845.0 (0.4) 680.0 299 3.5 26,837.0 229 5,018.0 286 16,697.2 212 9.9 182 2.5 322 13.6 230 2.39 3.0 10.1 154 29.9 228 18.9 85 63 443

FORTUNE JUNE/JULY 2020 F20

F19 DEFINITIONS, EXPLANATIONS, AND FOOTNOTES ARE ON PAGE F 24. THE LISTS WHO’S ON TOP BY SECTOR

PROFITS Stock- PROFITS Stock- AS % OF… holders’ AS % OF… holders’ INDUSTRY NO. REVENUES PROFITS Revenues equity INDUSTRY NO. REVENUES PROFITS Revenues equity RANK 500 rank $ mil. $ mil. Rank % Rank % Rank RANK 500 rank $ mil. $ mil. Rank % Rank % Rank 36 INSURANCE: PROPERTY AND CASUALTY (MUTUAL) 5 COMPANIES 38 INTERNET SERVICES AND RETAILING 9 COMPANIES

1 STATE FARM INSURANCE 36 79,395 5,593 1 7 2 5 4 1 AMAZON.COM 2 280,522 11,588 3 4 6 19 3 2 NATIONWIDE 74 43,982 830 3 2 4 5 3 2 ALPHABET 11 161,857 34,343 1 21 3 17 5 3 FARMERS INSURANCE EXCHANGE 255 12,593 55 5 0 5 1 5 3 FACEBOOK 46 70,697 18,485 2 26 2 18 4 4 AUTO-OWNERS INSURANCE 320 10,007 1,352 2 14 1 11 1 4 BOOKING HOLDINGS 210 15,066 4,865 4 32 1 82 1 5 ERIE INSURANCE GROUP 376 8,443 551 4 7 3 5 2 5 UBER TECHNOLOGIES 228 14,147 (8,506) 9 (60) 9 (60) 8 THE LISTS WHO’S ON TOP BY SECTOR TOTAL 154,421 8,381 6 QURATE RETAIL 239 13,458 (456) 7 (3) 7 (9) 7 MEDIAN 12,593 830 7 5 7 EXPEDIA GROUP 263 12,067 565 6 5 5 14 6 8 EBAY 295 10,800 1,786 5 17 4 62 2 PROFITS Stock- PROFITS Stock- 9 WAYFAIR 348 9,127 (985) 8 (11) 8 — AS % OF… holders’ 37 INSURANCE: PROPERTY AND CASUALTY (STOCK)AS % OF…20 COMPANIES holders’ INDUSTRY NO. REVENUES PROFITS Revenues equity INDUSTRY NO. REVENUES PROFITS Revenues equity TOTAL 587,741 61,685 RANK 500 rank $ mil. $ mil. Rank % Rank % Rank RANK 500 rank $ mil. $ mil. Rank % Rank % Rank 1 BERKSHIRE HATHAWAY 6 254,616 81,417 1 32 2 19 4 MEDIAN 14,147 1,786 5 18 36 INSURANCE: PROPERTY AND CASUALTY (MUTUAL) 5 COMPANIES 38 INTERNET2 AMERICAN SERVICES INTERNATIONAL AND RETAILING GROUP 66 9 COMPANIES49,746 3,348 5 7 16 5 17 3 ALLSTATE 72 44,675 4,847 2 11 10 19 5 1 STATE FARM INSURANCE 36 79,395 5,593 1 7 2 5 4 1 AMAZON.COM 2 280,522 11,588 3 4 6 19 3 39 MAIL, PACKAGE, AND FREIGHT DELIVERY 2 COMPANIES 4 LIBERTY MUTUAL INS. GROUP* 77 43,228 1,044 13 2 20 4 20 2 NATIONWIDE 74 43,982 830 3 2 4 5 3 2 ALPHABET 11 161,857 34,343 1 21 3 17 5 5 PROGRESSIVE 86 39,022 3,970 4 10 11 29 1 1 UNITED PARCEL SERVICE 43 74,094 4,440 1 6 1 136 1 THE3 LISTSFARMERS INSURANCE WHO’S EXCHANGE ON TOP255 BY SECTOR12,593 55 5 0 5 1 5 3 FACEBOOKTHE LISTS WHO’S46 ON TOP70,697 BY SECTOR18,485 2 26 2 18 4 6 UNITED SVCS. AUTO. ASSN.* 94 35,617 4,006 3 11 8 11 12 2 FEDEX 47 69,693 540 2 1 2 3 2 THE4 AUTO-OWNERSLISTS INSURANCE LARGEST320 U.S.10,007 CORPORATIONS1,352 2 14 1 11 1 4 BOOKING HOLDINGS 210 15,066 4,865 4 32 1 82 1 7 TRAVELERS 106 31,581 2,622 6 8 15 10 14 TOTAL 143,787 4,980 5 ERIE INSURANCE GROUP 376 8,443 551 4 7 3 5 2 5 UBER TECHNOLOGIES 228 14,147 (8,506) 9 (60) 9 (60) 8 8 HARTFORD FINANCIAL SERVICES 160 20,740 2,085 8 10 12 13 11 TOTAL 154,421 8,381 6 QURATE RETAIL 239 13,458 (456) 7 (3) 7 (9) 7 PROFITS Stock- 9 LOEWS 212 14,931 932PROFITS14 PROFITS 6 Stock- 17 5 Stock- 18 PROFITS Stock- MEDIAN 12,593 830 AS7 % OF… holders’ 5 7 EXPEDIA GROUP 263 12,067 565 6 AS5 % OF…5 AS 14holders’ % OF…6 holders’ 40 MEDICAL PRODUCTS AND EQUIPMENT 7 COMPANIES AS % OF… holders’ INDUSTRY NO. REVENUES PROFITS Revenues equity INDUSTRY INDUSTRY10 NO. AMERICAN NO. FAMILY INS. GROUP*REVENUES254 REVENUESPROFITS12,633 PROFITS456Revenues19 Revenues equity4 19 equity 5 19 INDUSTRY NO. REVENUES PROFITS Revenues equity RANK 500 rank $ mil. $ mil. Rank % Rank % Rank RANK8 EBAY RANK 500 rank295 500 rank10,800$ mil. $1,786$ mil mil.. Rank $5 mil .%17 RankRank4 %62 % RankRank2 % Rank RANK 500 rank $ mil. $ mil. Rank % Rank % Rank 11 ASSURANT 315 10,087 383 20 4 18 7 16 1 ABBOTT LABORATORIES 104 31,904 3,687 2 12 5 12 4 9 WAYFAIR 348 9,127 (985) 8 (11) 8 — 37 INSURANCE: PROPERTY AND CASUALTY (STOCK) 205 COMPANIESCOMPANIES 12 MARKEL 335 9 COMPANIES9,526 1,790 10 5 COMPANIES19 4 16 8 2 DANAHER 161 20,5219 COMPANIES3,008 3 15 2 10 5 36 INSURANCE: PROPERTY AND CASUALTY (MUTUAL) 38 INTERNETTOTAL36 INSURANCE: SERVICES AND PROPERTY RETAILING587,741 AND CASUALTY61,685 (MUTUAL) 38 INTERNET SERVICES AND RETAILING 13 ALLEGHANY 351 9,041 858 16 9 13 10 15 3 BECTON DICKINSON 187 17,290 1,233 5 7 7 6 7 1 STATEBERKSHIRE FARM HATHAWAY INSURANCE 366 254,61679,395 81,4175,593 1 327 2 195 4 1 AMAZON.COMMEDIAN1 STATE FARM INSURANCE 2 280,5223614,147 79,39511,5881,786 5,5933 54 61 18197 23 5 4 1 AMAZON.COM 2 280,522 11,588 3 4 6 19 3 14 FIDELITY NATIONAL FINANCIAL 375 8,469 1,062 11 13 6 20 3 4 STRYKER 214 14,884 2,083 4 14 4 16 2 2 NATIONWIDEAMERICAN INTERNATIONAL GROUP 6674 43,98249,746 3,348830 35 27 164 5 173 2 ALPHABET2 NATIONWIDE 11 161,85774 34,34343,982 183021 3 172 45 5 3 2 ALPHABET 11 161,857 34,343 1 21 3 17 5 15 AMERICAN FINANCIAL GROUP 383 8,237 897 15 11 9 14 10 5 BAXTER INTERNATIONAL 282 11,362 1,001 7 9 6 13 3 3 FARMERSALLSTATE INSURANCE EXCHANGE 25572 44,67512,593 4,84755 52 110 105 191 5 3 FACEBOOK3 FARMERS INSURANCE EXCHANGE46 25570,697 18,48512,593 2 5526 25 180 54 1 5 3 FACEBOOK 46 70,697 18,485 2 26 2 18 4 39 MAIL,16 PACKAGE,CINCINNATI FINANCIAL AND FREIGHT DELIVERY400 7,9242 COMPANIES1,997 9 25 3 20 2 6 BOSTON SCIENTIFIC 296 10,735 4,700 1 44 1 34 1 4 AUTO-OWNERSLIBERTY MUTUAL INSURANCE INS. GROUP* 32077 43,22810,007 1,0441,352 132 142 201 114 201 4 BOOKING4 HOLDINGSAUTO-OWNERS INSURANCE210 32015,066 10,0074,865 41,35232 21 1482 1 1 11 1 4 BOOKING HOLDINGS 210 15,066 4,865 4 32 1 82 1 17 W.R. BERKLEY 402 7,902 682 18 9 14 11 13 7 ZIMMER BIOMET HOLDINGS 399 7,982 1,132 6 14 3 9 6 5 ERIEPROGRESSIVE INSURANCE GROUP 37686 39,0228,443 3,970551 4 107 113 295 21 51 UBERUNITED TECHNOLOGIES 5PARCELERIE SERVICE INSURANCE GROUP22843 37674,09414,147 (8,506)4,4408,443 91 551(60)6 941 136(60)7 381 5 2 5 UBER TECHNOLOGIES 228 14,147 (8,506) 9 (60) 9 (60) 8 18 OLD REPUBLIC INTERNATIONAL 427 7,214 1,056 12 15 5 18 6 TOTAL 114,678 16,844 6 UNITEDTOTAL SVCS. AUTO. ASSN.* 94 154,42135,617 4,006 8,381 3 11 8 11 12 62 QURATEFEDEX RETAILTOTAL 23947 69,69313,458 154,421(456)540 8,38127 (3)1 27 (9)3 27 6 QURATE RETAIL 239 13,458 (456) 7 (3) 7 (9) 7 19 FM GLOBAL* 447 6,743 2,479 7 37 1 17 7 MEDIAN 14,884 2,083 14 12 7 TRAVELERSMEDIAN 106 12,59331,581 2,622830 6 78 15 10 5 14 7 EXPEDIATOTAL GROUPMEDIAN 263 143,78712,067 12,5934,980565 68305 5 147 6 5 7 EXPEDIA GROUP 263 12,067 565 6 5 5 14 6 20 FIRST AMERICAN FINANCIAL 476 6,202 707 17 11 7 16 9 8 HARTFORD FINANCIAL SERVICES 160 20,740 2,085 8 10 12 13 11 8 EBAY 295 10,800 1,786 5 17 4 62 2 8 EBAY 295 10,800 1,786 5 17 4 62 2 TOTAL 628,135 116,640 9 LOEWS 212 14,931 932 14 6 17 5 18 9 WAYFAIR 348 9,127 (985) 8 (11) 8 — 419 WAYFAIRMETALS 7 COMPANIES 348 9,127 (985) 8 (11) 8 — 37 INSURANCE: PROPERTY AND CASUALTY (STOCK) 20 COMPANIES 40 MEDICAL37 INSURANCE:MEDIAN PRODUCTS ANDPROPERTY EQUIPMENT AND CASUALTY 711,360 COMPANIES (STOCK)1,426 20 COMPANIES11 14 10 AMERICAN FAMILY INS. GROUP* 254 12,633 456 19 4 19 5 19 TOTAL* 587,741 61,685 TOTAL 587,741 61,685 A mutual*SEE company, NOTE 17, PAGE not F24 a stock company. It is grouped with stock companies because it reports 1 NUCOR 139 22,589 1,271 1 6 3 12 3 111 BERKSHIREASSURANT HATHAWAY 3156 254,61610,087 81,417383 201 324 182 197 164 1 ABBOTTMEDIANaccording1 LABORATORIESBERKSHIRE to Generally HATHAWAY Accepted104 Accounting31,90414,1476 Principles.254,6163,6871,786 81,4172 125 51 321812 24 19 4 MEDIAN 14,147 1,786 5 18 2 UNITED STATES STEEL 247 12,937 (630) 6 (5) 6 (15) 6 122 AMERICANMARKEL INTERNATIONAL GROUP 33566 49,7469,526 3,3481,790 105 197 164 165 178 2 DANAHER2 AMERICAN INTERNATIONAL161 GROUP 20,52166 49,7463,008 3,3483 15 25 107 165 5 17 3 RELIANCE STEEL & ALUMINUM 291 10,974 702 2 6 2 13 2 133 ALLSTATEALLEGHANY 35172 44,6759,041 4,847858 162 119 1013 1019 155 3 BECTON3 DICKINSONALLSTATE 187 17,29072 44,6751,233 4,8475 7 72 116 10 7 19 5 (#S084928) Excerpted and adapted with permission from the June/July 2020 issue of FORTUNE. © 2020 Fortune39 MAIL,Media IP PACKAGE, Limited. FORTUNE AND and Fortune FREIGHT Media DELIVERY IP Limited are 2 not COMPANIES affiliated with, and do not endorse the 394 STEELMAIL, DYNAMICS PACKAGE, AND FREIGHT299 DELIVERY10,465 2671 COMPANIES3 6 1 16 1 144 LIBERTYFIDELITY MUTUAL NATIONAL INS. FINANCIAL GROUP* 37577 43,2288,469 1,0441,062 1311 132 206 204 203 4 STRYKER4 LIBERTY MUTUAL INS. GROUP*214 14,88477 43,2282,083 1,0444 14 134 162 202 4 20 products or services of, Licensee of this reprint. For more information about reprints and licensing visit www.parsintl.com. 5 ALCOA 302 10,433 (1,125) 7 (11) 7 (27) 7 155 PROGRESSIVEAMERICAN FINANCIAL GROUP 38386 39,0228,237 3,970897 154 1011 119 2914 101 51 UNITEDBAXTER 5PARCEL INTERNATIONALPROGRESSIVE SERVICE 28243 74,0948611,362 39,0224,4401,001 3,97071 96 641 1361013 1131 29 1 1 UNITED PARCEL SERVICE 43 74,094 4,440 1 6 1 136 1 6 AK STEEL HOLDING 467 6,359 11 5 0 5 7 5 166 UNITEDCINCINNATI SVCS. FINANCIAL AUTO. ASSN.* 40094 35,6177,924 4,0061,997 93 2511 83 2011 122 62 FEDEXBOSTON6 SCIENTIFICUNITED SVCS. AUTO. ASSN.*29647 69,6939410,735 35,6174,700540 4,00621 441 231 34113 821 11 12 2 FEDEX 47 69,693 540 2 1 2 3 2 THE FOLLOWING INFORMATION IS PROVIDED BY W.R. BERKLEY CORPORATION. 7 COMMERCIAL METALS 491 5,829 198 4 3 4 12 4 177 TRAVELERSW.R. BERKLEY 402106 31,5817,902 2,622682 186 98 1415 1011 1413 7 ZIMMERTOTAL7 BIOMETTRAVELERS HOLDINGS 399 143,7871067,982 4,98031,5811,132 2,6226 14 36 89 156 10 14 TOTAL 143,787 4,980 TOTAL 79,586 1,098 188 HARTFORDOLD REPUBLIC FINANCIAL INTERNATIONAL SERVICES 427160 20,7407,214 2,0851,056 128 1015 125 1813 116 TOTAL8 HARTFORD FINANCIAL SERVICES 114,678160 16,84420,740 2,085 8 10 12 13 11 MEDIAN 10,465 198 3 12 199 LOEWSFM GLOBAL* 447212 14,9316,743 2,479932 147 376 171 175 187 MEDIAN9 LOEWS 21214,884 2,08314,931 93214 14 126 17 5 18 40 MEDICAL PRODUCTS AND EQUIPMENT 7 COMPANIES 40 MEDICAL PRODUCTS AND EQUIPMENT 7 COMPANIES 2010 AMERICANFIRST AMERICAN FAMILY FINANCIAL INS. GROUP* 254476 12,6336,202 456707 1917 114 197 165 199 10 AMERICAN FAMILY INS. GROUP* 254 12,633 456 19 4 19 5 19 11 ASSURANTTOTAL 315 628,13510,087 116,640383 20 4 18 7 16 1 FORTUNE JUNE/JULYABBOTT 2020 11 LABORATORIESASSURANT 104 31531,904 10,0873,687 2 38312 205 124 184 7 16 1 ABBOTT LABORATORIES 104 31,904 3,687 2 12 5 12 4 41 METALS 7 COMPANIES

12 MARKELMEDIAN 335 11,3609,526 1,4261,790 10 1911 4 1416 8 2 F35 DANAHER12 MARKEL 161 33520,521 3,0089,526 31,79015 102 1910 45 16 8 2 DANAHER 161 20,521 3,008 3 15 2 10 5 13 *SEEALLEGHANY NOTE 17, PAGE F24 351 9,041 858 16 9 13 10 15 31 BECTONNUCOR13 DICKINSONALLEGHANY 139187 35122,58917,290 9,0411,2331,271 51 85867 1637 1296 1337 10 15 3 BECTON DICKINSON 187 17,290 1,233 5 7 7 6 7 14 FIDELITY NATIONAL FINANCIAL 375 8,469 1,062 11 13 6 20 3 42 STRYKERUNITED14 STATESFIDELITY STEEL NATIONAL FINANCIAL247214 37514,88412,937 2,0838,469(630) 461,06214(5) 1146 (15)1316 662 20 3 4 STRYKER 214 14,884 2,083 4 14 4 16 2 15 AMERICAN FINANCIAL GROUP 383 8,237 897 15 11 9 14 10 35 BAXTERRELIANCE15 INTERNATIONAL STEELAMERICAN & ALUMINUM FINANCIAL GROUP282291 38310,97411,362 8,2371,001702 27 89796 1562 1311 932 14 10 5 BAXTER INTERNATIONAL 282 11,362 1,001 7 9 6 13 3 16 CINCINNATI FINANCIAL 400 7,924W. R.1,997 Berkley9 25 3 Corporation20 2 46 BOSTONSTEEL Members 16DYNAMICS SCIENTIFICCINCINNATI FINANCIAL Companies296299 40010,46510,735WE4,7007,924671 GET31,9971 44PEOPLE6 91 253416 3 1 WHO20 2 THINK6 BOSTON SCIENTIFIC 296 10,735 4,700 1 44 1 34 1 17 W.R. BERKLEY 402 7,902 682 18 9 14 11 13 57 ZIMMERALCOA17 BIOMETW.R. HOLDINGS BERKLEY 302399 40210,4337,982 7,902(1,125)1,132 67 682(11)14 1837 (27)99 1467 11 13 7 ZIMMER BIOMET HOLDINGS 399 7,982 1,132 6 14 3 9 6 18 OLD REPUBLIC INTERNATIONAL 427 7,214 1,056 12 15 5 18 6 6 AKTOTAL STEEL18 HOLDINGOLD REPUBLIC INTERNATIONAL467 114,6784276,359OUTSIDE16,8447,21411 51,0560 THE125 157 BOX55 18 NEED6 PRODUCTSTOTAL 114,678 16,844 Acadia19 FM GLOBAL* Insurance 447 6,743 2,479 Berkley7 37 1International17 7 ART7 COMMERCIALMEDIAN S.A.19 FM METALS GLOBAL* 491Berkley44714,8845,829 Re Asia2,0836,743198 Pacific2,4794 143 47 3712 14 17 7 MEDIAN 14,884 2,083 14 12 Admiral20 FIRST AMERICANInsurance FINANCIAL 476 6,202 707 Berkley17 11 7International16 9 do BrasilTOTAL20 SegurosFIRST AMERICAN S.A. FINANCIALBerkley47679,586 Re Solutions1,0986,202 707 17 11 7 16 9 BerkleyTOTAL Accident and Health 628,135 116,640 Berkley International FianzasMEDIAN México,TOTAL S.A. Berkley10,465 Re UK628,135198 Limited116,640 3 12 41 METALS 7 COMPANIES THAT WORK RIGHT OUT 41OFMETALS IT. 7 COMPANIES BerkleyMEDIAN Agribusiness 11,360 1,426 Berkley11 International14 Puerto Rico,MEDIAN LLC Berkley Renewable11,360 Energy1,426 11 14 *SEE NOTE 17, PAGE F24 1 NUCOR *SEE NOTE 17, PAGE F24 139 22,589CDW.com/apple1,271 1 6 3 12 3 1 NUCOR 139 22,589 1,271 1 6 3 12 3 FORTUNE JUNE/JULY 2020 Berkley Alliance Managers Berkley International Seguros S.A. Berkley Risk© 2020 CDW®, CDW•G® and PEOPLE WHO GET IT® are registered trademarks of CDW LLC. 2 UNITED STATES STEEL 247 12,937 (630) 6 (5) 6 (15) 6 2 UNITED STATES STEEL 247 12,937 (630) 6 (5) 6 (15) 6

F35 Berkley Argentina de Reasegoros S.A. Berkley International Seguros Colombia S.A. Berkley Select 3 RELIANCE STEEL & ALUMINUM 291 10,974 702 2 6 2 13 2 3 RELIANCE STEEL & ALUMINUM 291 10,974 702 2 6 2 13 2 Berkley Aspire Berkley International Seguros México, S.A. Berkley Southeast Insurance Group 4 STEEL DYNAMICS 299 10,465 671 3 6 1 16 1 4 STEEL DYNAMICS 299 10,465 671 3 6 1 16 1 Berkley Asset Protection Berkley International Seguros S.A. (Uruguay) Berkley Surety CDWCSM20002_Fortune500_MultiPartner_OneSixth_HrzStrips_F.indd5 ALCOA 302 10,433 (1,125) 7 (11) 57 (27) 7 5 ALCOA 302 10,433 (1,125) 7 (11) 7 (27) 75/7/20 9:58 AM Berkley Canada Berkley Latin America and6 CaribbeanAK STEEL HOLDING Managers 467Berkley6,359 Technology11 Underwriters5 0 5 7 5 6 AK STEEL HOLDING 467 6,359 11 5 0 5 7 5 Berkley Custom Insurance WE GET PEOPLEBerkley Life WHO and Health THINK7 InsuranceCOMMERCIAL METALSCompany 491Carolina5,829 Casualty198 4 3 4 12 4 7 COMMERCIAL METALS 491 5,829 198 4 3 4 12 4 Berkley Cyber Risk Solutions Berkley Life Sciences TOTAL Continental79,586 Western1,098 Group TOTAL 79,586 1,098 Berkley Deutschland OUTSIDE THEBerkley BOX Luxury NEED Group PRODUCTSMEDIAN Gemini10,465 Transportation198 Underwriters3 12 MEDIAN 10,465 198 3 12 Berkley España Berkley Medical Management Solutions Intrepid Direct Insurance FORTUNE JUNE/JULY 2020 Berkley Entertainment THAT WORKBerkley RIGHT Mid-Atlantic OUT Group OF FORTUNE JUNE/JULY 2020 IT. Key Risk Insurance

F35 Berkley Environmental BerkleyNet F35 Midwest Employers Casualty CDW.com/apple Berkley FinSecure © 2020 CDW®, CDW•G® and PEOPLEBerkley WHO GETNordic IT® are registered trademarks of CDW LLC. Nautilus Insurance Group Berkley Fire & Marine Underwriters Berkley North Pacific Preferred Employers Insurance Group Berkley Global Product Recall WEManagement GET PEOPLEBerkley Offshore WHO Underwriting THINK Managers Union StandardWE InsuranceGET PEOPLE Group WHO THINK Berkley Healthcare Berkley Oil & Gas Vela Insurance Services CDWCSM20002_Fortune500_MultiPartner_OneSixth_HrzStrips_F.indd 5 5/7/20 9:58 AM BerkleyPRINTED Human Services COPYBerkley FOR One PERSONAL READINGVerus Underwriting Managers ONLY. Berkley Industrial Comp OUTSIDE THEBerkley BOX Prime NEED Transportation PRODUCTS W. R. BerkleyOUTSIDE Europe AG THE BOX NEED PRODUCTS BerkleyNOT Insurance Asia FOR DISTRIBUTION.Berkley Professional Liability W. R. Berkley Syndicate Management Limited Berkley Insurance Australia THAT WORKBerkley RIGHT Program OUT Specialists OF IT. W. R. BerkleyTHAT Syndicate WORK 1967 At RIGHT Lloyd’s OUT OF IT. Berkley Insurance Company Berkley Public Entity Managers W / R/ B Underwriting CDW.com/apple CDW.com/apple Berkley International Latinoamérica© 2020 CDW S.A.®, CDW•G® and PEOPLEBerkley WHO GETRe IT America® are registered trademarks of CDW LLC. © 2020 CDW®, CDW•G® and PEOPLE WHO GET IT® are registered trademarks of CDW LLC.

CDWCSM20002_Fortune500_MultiPartner_OneSixth_HrzStrips_F.indd 5 CDWCSM20002_Fortune500_MultiPartner_OneSixth_HrzStrips_F.indd 5 5/7/20 9:58 AM 5/7/20 9:58 AM