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Medtronic ranks No. 235 on the 2006 FORTUNE 500
The Minneapolis-based company is on FORTUNE's latest list of America's largest corporations.
 NEW YORK (FORTUNE) - Medtronic (Research) ranks no. 235 on this year's list of the FORTUNE 500, with $10,054.6 million in revenues, up 10.6% from the previous year. The Minneapolis-based company was ranked no. 246 on the 2005 list. Its 2005 profits were $1,803.9 million, down 7.9% from a year earlier. This year, FORTUNE 500 companies overall brought in a record $9.1 trillion in revenues and $610 billion in profits. And while the economy as a whole grew 3.5% last year, FORTUNE 500 companies did much better, increasing their revenues by a healthy 15.4%.
The FORTUNE 500 list is an annual ranking of America's largest corporations by revenues. Its companies employ more than 24 million people, about 16% of working Americans. The other companies in this sector on this year's list are Baxter International (Research), Boston Scientific (Research), Becton Dickinson (Research) and Stryker (Research). See Medtronic's FORTUNE 500 details, including financial stats and contact information.
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