17 N.J. companies make 2020 edition of Fortune 500

J&J leads way at No. 35; Pru and Merck also rank in Top 100

By Eric Strauss
New Jersey | May 19, 2020 at 5:21 pm

This year’s edition of the Fortune 500 includes 17 companies from New Jersey, including three in the Top 100, according to the latest rankings from Fortune magazine.

The listing of the nation’s biggest firms by revenue was led by two retailers with big presences in the Garden State, with Walmart coming in at No. 1 and Amazon at No. 2 — although Walmart’s revenue of $523 billion nearly doubled Amazon’s revenue of $281 billion.

Johnson & Johnson was the highest-ranking New Jersey company, coming in at No. 35 on the list with revenue of $82 billion. Prudential Financial and Merck also ranked in the Top 70, at No. 53 and No. 69, respectively.

The Top 10 overall, with revenue in millions of dollars:

  1. Walmart, $523,964;
  1. Amazon, $280,522;
  1. ExxonMobil, $264,938;
  1. Apple, $260,174;
  1. CVS Health, $256,776;
  1. Berkshire Hathaway, $254,616;
  1. UnitedHealth Group, $242,155;
  1. McKesson, $214,319;
  1. AT&T, $181,193;
  1. AmerisourceBergen, $179,589.

The New Jersey companies on the list, with their revenue in millions of dollars:

  1. Johnson & Johnson, $82,059;
  1. Prudential Financial, $64,807;
  1. Merck, $46,840;
  1. PBF Energy, $24,508;
  1. Becton Dickinson, $17,290;
  1. Cognizant Technology Solutions, $16,783;
  1. ADP, $14,175;
  1. Bed Bath & Beyond, $12,028;
  1. Public Service Enterprise Group, $10,076;
  1. Campbell Soup, $9,909;
  1.  NRG Energy, $9,871;
  1. Avis Budget Group, $9,172;
  1. Quest Diagnostics, $7,726;
  1. Burlington Stores, $7,286;
  1. Zoetis, $6,260;
  1. Ascena Retail Group, $6,242;
  1. Realogy Holdings, $5,870.

Among the biggest movers on the list, both Campbell Soup and Burlington Stores jumped 27 spots from the previous rankings, while NRG Energy dropped 33 spots and Ascena Retail Group dropped 16.

Other New Jersey companies that ranked in the Top 1,000, with their revenue in millions of dollars, included:

  1. Conduent, $4,467;
  1. Church & Dwight, $4,357;
  1. American Water Works, $3,610;
  1. Selective Insurance Group, $2,846;
  1. Verisk Analytics, $2,607;
  1. New Jersey Resources, $2,592;
  1. Catalent, $2,518;
  1. Wyndham Hotels & Resorts, $2,053;
  1. Barnes & Noble Education, $2,034;
  1. Hovnanian Enterprises, $2,016.

Although Fortune said it was a record year for female CEOs in the Fortune 500, only one Jersey company, No. 472-ranked Zoetis, has a woman leader, Kristin Peck.

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Eric Strauss | estrauss@roi-nj.com | @acerimrat