Global 500

Our annual ranking of the world's largest corporations

41 of 500

41. Verizon Communications

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Financials: Latest Results

Rank: 41 (Previous rank: 35)
CEO: Ivan G. Seidenberg
Employees: 194,400
Address: 140 West St.
New York, New York 10007
Country: U.S.
Website: www.verizon.com

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Is Verizon Communications a great company, or what?

	$ millions	% change from 2009
Revenues	106,565.0	-1.2
Profits	2,549.0	-30.2
Assets	220,005.0	--
Stockholders' equity	38,569.0	--

Profits as % of
Revenues	2
Assets	1.2

From the July 25, 2011 issue

Editor's note: Chrysler Group was erroneously omitted from the Global 500 listing. With revenue of $41.9 billion, Chrysler ranks No.205 among all the companies in the world and 61st in the U.S. As a result, Bristol-Myers Squibb, which had ranked No.500, falls off the list. Updates may be found for the full list, rankings by country, and the list of arrivals. Fortune regrets the error.

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Top 3

Rank # of Global 500 Companies
U.S.	133
Japan	68
China	61

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Company	2010 Number of Employees
Wal-Mart Stores	2,100,000
China National Petroleum	1,674,541
State Grid	1,564,000

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Company	2010 Profits ($ millions)
Nestlé	$32,843
Gazprom	$31,895
Exxon Mobil	$30,460

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Global 500

Our annual ranking of the world's largest corporations