• St. Louis is Home to Nine Fortune 500 Headquarters

    Jun 13, 2017

    Each year Fortune magazine publishes their Fortune 1,000 list which ranks publicly traded U.S. companies by their total revenues.  In 2017, the St. Louis metro area is home to 17 Fortune 1,000 headquarters, one less than in 2016.  Last year Spire made the list at 980, but missed the cutoff this year.

    St. Louis Fortune 1000 Headquarters


     

    Company

    Rank

    Revenues ($ billions)

    1

    Express Scripts Holding

    22

    $100.288

    2

    Centene

    66

    $40.721

    3

    Emerson Electric

    139

    $20.268

    4

    Monsanto

    204

    $13.502

    5

    Reinsurance Group of America

    246

    $11.522

    6

    Jones Financial (Edward Jones)

    403

    $6.632

    7

    Graybar Electric

    420

    $6.385

    8

    Ameren

    431

    $6.076

    9

    Olin

    467

    $5.551

    10

    Post Holdings

    508

    $5.027

    11

    Peabody Energy

    533

    $4.715

    12

    Panera Bread

    760

    $2.795

    13

    Stifel Financial

    785

    $2.642

    14

    Caleres

    790

    $2.579

    15

    Edgewell Personal Care

    845

    $2.362

    16

    Belden

    846

    $2.357

    17

    Arch Coal

    946

    $1.974

    Source: “Fortune 500” Fortune, 2017.

    Nine companies remain in the top 500 for the regional area, but there has been some movement among the group as a whole.  Olin broke into the Fortune 500 as they continued their growth, while Peabody Energy slipped to 533 as they emerged from bankruptcy.

    Express Scripts has been a stable fixture holding their rank of 22nd on the list for the third year in a row.  Centene experienced the greatest jump in revenues from 2016, with an overall growth of $17.9 billion, moving up 58 places from 124 to 66 in 2017.  Centene is in the process of building a $770 million campus expansion at their Clayton headquarters. 

    Post Holdings continues to make progress towards cracking the top 500 with an 8.2% increase in revenue over the past year, putting them within eight spots of the Fortune 500. 

    Due to the constant changes in the business landscape as a result of mergers and acquisitions, the Fortune 1,000 list goes through regular changes year to year.  Next year will likely see Panera Bread and Monsanto leaving the list in light of their recent acquisitions. The list also does not account for many major St. Louis metro area companies such as nonprofits like BJC HealthCare or privately owned companies like World Wide Technology or Edward Jones.

    In spite of the regular turnover altering the business landscape, St. Louis headquarters continue to fare favorably in the rankings and sustain long-term growth. The Fortune list’s rankings illustrate St. Louis’ longstanding success as a viable location for headquarters of some of the nation’s most prominent and innovative organizations.
  • St. Louis’ Fortune 1,000 Headquarters

    Jul 14, 2016

    The Fortune 1,000 is an annual ranking of publicly-traded companies sorted by their revenues. Eighteen Fortune 1,000 companies are headquartered in St. Louis – nine of which are among the top 500. The regional group of Fortune 500 companies remains unchanged since the 2014 ranking, but there have been some remarkable shifts in their standing this year. Listed below are the 18 St. Louis headquarters, their Fortune ranking and their revenue.
     

    Company

    Rank

    Revenue (Billions)

    Express Scripts Holding

    22

    $101.8

    Centene

    124

    $22.8

    Emerson Electric

    128

    $22.3

    Monsanto

    189

    $15.0

    Reinsurance Group of America

    271

    $10.4

    Jones Financial

    382

    $6.7

    Graybar Electric

    423

    $6.1

    Ameren

    425

    $6.1

    Peabody Energy

    458

    $5.6

    Post Holdings

    535

    $4.7

    Olin

    761

    $2.9

    Panera Bread

    797

    $2.7

    Caleres

    824

    $2.6

    Arch Coal

    826

    $2.6

    Edgewell Personal Care

    856

    $2.4

    Stifel Financial

    872

    $2.4

    Belden

    887

    $2.3

    Spire

    980

    $2.0

     

    Centene was the biggest mover on the list, jumping 62 spots in the ranking from 186 in 2015 to 124 in 2016 partially due to their $6.3 billion acquisition of Health Net. Express Scripts retained its position at number 22 and remains the highest-ranking St. Louis headquarters on the list.

    Turmoil in the energy markets has negatively affected some regional headquarters, such as SunEdison, Arch Coal and Peabody Energy. Although SunEdison and Arch Coal no longer qualify for the Fortune list, Peabody remains in the top 500. Sigma-Aldrich is no longer on the list due to its acquisition by Merck. Energizer split into two companies: Energizer and Edgewell Personal Care. This brought a new headquarters to St. Louis, which ranks at 856; however, Energizer’s revenues ranked below the cutoff point. Spire, formerly the Laclede Group, rejoined the Fortune ranking after its acquisition of EnergySouth earlier this year.

    The Fortune 1,000 list alone does not encompass all the large headquarters in the region. Many businesses do not qualify for the list because they are privately owned, such as Enterprise Rent-A-Car and World Wide Technology, or are nonprofits like BJC HealthCare. These headquarters are major sources of economic activity in the region which bring in similar revenues compared to local companies ranked on the Fortune list.

    The Fortune 1,000 list fluctuates due to the ever-changing business landscape. Despite this, St. Louis headquarters consistently rank high and continue to grow. These standings document St. Louis’ long-term viability as a headquarters location for some of the nation’s largest and most innovative companies.