Exxon Mobil topped the annual Fortune 500 list of the nation's biggest public corporations by revenues for the 12th time in history, with 2008 revenues of more than $442 billion and profits of more than $45 billion.
Exxon passed Wal-Mart, which fell to No. 2 last year after holding the No. 1 spot for six of the previous seven years. The giant retailer had 2008 revenues of more than $405 billion and profits of $13.4 billion.
The annual list, compiled by Fortune magazine and released today, offers a glimpse at who is up and who is down among the nation's biggest corporations. The 2008 results are especially compelling because of the recession's impact and Wall Street's plummet that hit so hard last fall.
In Florida, 13 corporations based in the state made the Fortune 500 list, led by Lakeland's Publix Super Markets at No. 101, up from No. 107. Publix, with 2008 revenues of just over $24.1 billion, squeezed past Clearwater-based Tech Data Corp. by a mere $29 million as Florida's biggest corporation. Tech Data ranked No. 102, up from No. 105.
Other Florida companies and their ranks: World Fuel Services, Miami, at No. 137; International Assets Holding, Altamonte Springs, No. 140; FPL Group, Juno Beach, No. 154; AutoNation, Fort Lauderdale, down 44 spots in a rough year for selling autos to No. 182; Jabil Circuit, St. Petersburg, No. 212; CSX Corp., Jacksonville, No. 240; Winn-Dixie Stores, Jacksonville, No. 340; Darden Restaurants, Orlando, No. 374; WellCare Health Plans, Tampa, No. 381; Ryder System, Miami, No. 371, and Harris, Melbourne, No. 447.
Two of the companies, AutoNation and Wellcare, posted losses in 2008.
Florida boasted 12 Fortune 500 companies for 2007, including Miami homebuilder Lennar Corp., which failed to make the listing for 2008 because of the drastic shrinkage in home construction last year.
Robert Trigaux can be reached at firstname.lastname@example.org