Developed in collaboration with BCG, the Fortune Future 50 is a ranking of global companies that show the best prospects for sustained growth. All of these companies demonstrate an impressive combination of strong execution capabilities and forward-thinking strategic agility. Fortune magazine compiles an annual list of the top American companies ordered by total revenue. To say that a company is part of the Fortune 100 list means that it is on the list of the 100 largest companies in the United States.
In the U.S., Fortune 50 means it is in the top 50, etc. A company on the Fortune 50 list refers to the 50 most prosperous and progressive organizations in the world. These companies earn the most revenue and have more influence over the world's finances than any other company. The top 50 organizations on the Fortune 500 list receive this auspicious title.
The Fortune 100 list is a list of the top 100 companies in the United States within the Fortune 500 list, a list of the 500 largest in the U. However, Fortune published individual sector lists of the top 50 companies in the banking, utilities, insurance, retail and transportation sectors. This change added many new companies to the top 100 companies on the Fortune 500 list and also dramatically increased the amount of annual revenue needed to make the prestigious list. Fortune 50 companies are categorized into segments by market, industry and target audience to differentiate the best at what they do in specific areas.
Fortune creates the list by ranking public and private companies that report annual revenue figures to a government agency. According to Fortune magazine's Fortune 500 rankings, the Fortune 100 are the 100 largest public and private companies in the United States by revenue. On the contrary, the 100 best companies to work for on the Fortune list are ranked according to a survey of employees, who are asked about topics such as trust in their organization, the achievement of their potential and the effectiveness of leaders, among other variables. From 1955 to 1994, the Fortune 100 list (again, a subset of the Fortune 500 list) only included companies in the manufacturing, mining and energy sectors.
The Fortune 500 list does not include foreign companies, although many of the publicly traded companies have significant international operations. In 1994, Fortune expanded its list of companies to include service companies, opening the door for many newcomers to join. The Fortune 500 list of 1955 was led by General Motors, a company that held the top position for more than 30 years. The popular list of Fortune 500 companies includes this list as the top 50 firms on that list.
The Fortune 100 list is a subset of the Fortune 500, derived from a list of companies that operate in the United States and are accountable to federal agencies.