Jun 3, 2025 - News
Nine Arizona companies make 2025 Fortune 500 list
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Nine Fortune 500 companies currently call Arizona home, one fewer than last year.
The big picture: Mining giant Freeport-McMoRan displaced Avnet as the top Arizona company on Fortune's annual list, rising from 178 to 169 this year, with nearly $25.5 billion in revenue.
- Electronics company Avnet dropped from 157 to 181, with nearly $24 billion in revenue, taking second place on the list among local companies.
- The two companies have traded places as Arizona's top spot multiple times on the Fortune 500 in recent years.
The other Arizona companies on the list are:
- Republic Services (No. 266)
- Reliance (309)
- Carvana (314)
- Insight Enterprises (447)
- Taylor Morrison Home (467)
- Sprouts Farmers Market (481)
- Microchip Technology (485)
Zoom in: Sprouts made its return to the Fortune 500 for the first time since 2021.
- Knight-Swift Transportation Holdings was the 10th Arizona company on last year's list, but fell just short in 2025 to No. 501.
- Also coming close but not quite cracking the top 500 were ON Semiconductor (518), which was also in last year's top 500, Resideo Technologies (530), Meritage Homes (554) and Amkor Technology (558).