Jun 3, 2025 - News
Texas is home to 54 Fortune 500 companies
Add Axios as your preferred source to
see more of our stories on Google.
AT&T is the top-ranked Fortune 500 company in the Dallas-Fort Worth area.
Driving the news: Texas has 54 companies on the 2025 Fortune 500 list, falling behind California's 58.
- The Fortune list, out yesterday, ranks the largest U.S. companies by revenue. Last year, Fortune 500 companies combined to earn $1.87 trillion.
Zoom in: Dallas-based companies AT&T and Energy Transfer were the top-ranked businesses on this year's list, but both dropped rank compared to last year's list.
- AT&T fell five spots to 37 and Energy Transfer fell two spots to 53.
The intrigue: Several D-FW businesses rose in the rankings, including Fort Worth-based American Airlines which climbed five spots to 81.
- Dallas-based Southwest Airlines rose three spots to 156.
- Irving-based energy company Vistra rose 42 spots to 241.