St. Louis is Home to Nine Fortune 500 Headquarters

by Tim Alexander and Sean Hynes | 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.