--- description: Fortune released its annual list of the 500 largest companies in the United States, with Walmart retaining its top spot on the Fortune 500. title: These Are the Top 10 Fortune 500 Companies image: https://static.time.com/v3/assets/bltea6093859af6183b/blte60eb502470ab3ed/6988967dcd1bbab9e3700fc5/fortune-500-walmart.jpg?branch=production&width=2400&quality=75&auto=webp&crop=16:9 ---  * [Business](/section/business/) ## Business Update your preferences in [Account Settings](/account/preferences/) Close * [Companies](/tag/companies/) ## Companies Update your preferences in [Account Settings](/account/preferences/) Close # These Are the Top 10 Fortune 500 Companies  by [Melissa Chan](/author/melissa-chan/)  ## Melissa Chan Update your preferences in [Account Settings](/account/preferences/) Close Jun 6, 2016 2:42 PM CUT  Walmart reclaimed the top spot from Exxon Mobil Corp. in the Fortune 500 ranking of biggest companies, based on annual revenue, the magazine announced. Walmart reclaimed the top spot from Exxon Mobil Corp. in the Fortune 500 ranking of biggest companies, based on annual revenue, the magazine announced.Bloomberg—Bloomberg via Getty Images  by [Melissa Chan](/author/melissa-chan/)  ## Melissa Chan Update your preferences in [Account Settings](/account/preferences/) Close Jun 6, 2016 2:42 PM CUT Fortune on Monday [released its annual list](http://fortune.com/fortune500/ "undefined") of the 500 largest companies in the United States, with Walmart retaining its top spot on the Fortune 500 for the fourth consecutive year. The retail giant is joined this year by runner-up Exxon Mobil, followed by Apple, Berkshire Hathaway, McKesson, UnitedHealth Group, CVS Health, General Motors and Ford Motor. AT&T rounds out the top 10 list. Fortune 500 ranks companies by total revenues from their respective fiscal years. It’s the 62nd time the list has been debuted. [Fourteen](http://fortune.com/2016/06/06/fortune-500-returning-companies/?iid=recirc%5Ff500landing-zone2 "undefined") companies, including Big Lots and Hertz, returned to the influential list this year after being bumped off the Fortune 500 for at least a year. **Read More:** [**_The Trouble Buried in the New Fortune 500_**](http://time.com/4357787/fortune-500-2016/ "undefined") Fortune 500 companies represent two-thirds of the country, according to the magazine. More than half of Fortune 500 companies saw sales drop, including Walmart, [_USA Today_](http://www.usatoday.com/story/money/2016/06/06/walmart-retains-top-spot-fortune-500-list/85477706/ "undefined") reports. “The Fortune 500 emerged a bit battered from events of the past year,” Fortune Editor Alan Murray [wrote](http://fortune.com/2016/06/06/meet-the-fortune-500/ "undefined") about this year’s selection. “The poor performance of energy companies, in particular, took its toll, as did the flight from public markets by companies like Safeway and PetSmart…. But the list remains the benchmark of business success.” ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/4358188/fortune-500-companies-top/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/4358188/fortune-500-companies-top/"},"headline":"These Are the Top 10 Fortune 500 Companies","datePublished":"2016-06-06T14:42:43.000Z","dateModified":"2026-03-31T09:44:39.679Z","description":"Walmart leads the list, again","url":"https://time.com/4358188/fortune-500-companies-top/","keywords":["Companies"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blte60eb502470ab3ed/6988967dcd1bbab9e3700fc5/fortune-500-walmart.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Melissa Chan","jobTitle":null,"url":"https://time.com/author/melissa-chan/"}],"articleSection":"Business","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blte60eb502470ab3ed/6988967dcd1bbab9e3700fc5/fortune-500-walmart.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"Wal-Mart Reclaims Top Spot From Exxon Mobil on Fortune 500 List","caption":"Wal-Mart Reclaims Top Spot From Exxon Mobil on Fortune 500 List","creditText":"Bloomberg—Bloomberg via Getty Images","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/business/","name":"Business"}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/companies/","name":"Companies"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/4358188/fortune-500-companies-top/","name":"These Are the Top 10 Fortune 500 Companies"}}]}] ```