Introduction
Florida is home to many large and successful companies across various industries. These companies contribute significantly to the state’s economy and provide employment opportunities for its residents. In this article, we will explore some of the largest companies in Florida based on their revenue and market capitalization.
Top 10 Largest Companies in Florida
Florida is a state that has been known for its tourism industry, but it is also home to some of the largest companies in the United States. These companies have contributed significantly to the state’s economy and provided employment opportunities to thousands of people. In this article, we will take a look at the top 10 largest companies in Florida.
1. Publix Super Markets Inc.
Publix Super Markets Inc. is the largest company in Florida, with over 200,000 employees and revenue of $38.1 billion. The company was founded in 1930 and is headquartered in Lakeland, Florida. Publix operates over 1,200 stores across seven states and is known for its customer service and high-quality products.
2. World Fuel Services Corporation
World Fuel Services Corporation is a global energy management company that provides fuel, logistics, and technology solutions to customers in the aviation, marine, and land transportation industries. The company is headquartered in Miami, Florida, and has operations in more than 80 countries. With revenue of $34.7 billion, World Fuel Services Corporation is the second-largest company in Florida.
3. NextEra Energy Inc.
NextEra Energy Inc. is a leading clean energy company that generates electricity from renewable sources such as wind and solar. The company is headquartered in Juno Beach, Florida, and has operations in 30 states. NextEra Energy Inc. has revenue of $19.2 billion and employs over 14,000 people.
4. Office Depot Inc.
Office Depot Inc. is a retail company that sells office supplies, furniture, and technology products. The company is headquartered in Boca Raton, Florida, and has over 1,300 stores in North America. With revenue of $11 billion, Office Depot Inc. is the fourth-largest company in Florida.
5. Darden Restaurants Inc.
Darden Restaurants Inc. is a restaurant company that owns and operates popular brands such as Olive Garden, LongHorn Steakhouse, and Cheddar’s Scratch Kitchen. The company is headquartered in Orlando, Florida, and has over 1,800 restaurants in North America. Darden Restaurants Inc. has revenue of $8.5 billion and employs over 180,000 people.
6. Fidelity National Information Services Inc.
Fidelity National Information Services Inc. is a financial technology company that provides software and services to banks and other financial institutions. The company is headquartered in Jacksonville, Florida, and has operations in more than 100 countries. With revenue of $9.2 billion, Fidelity National Information Services Inc. is the sixth-largest company in Florida.
7. Carnival Corporation & plc
Carnival Corporation & plc is a cruise line company that operates popular brands such as Carnival Cruise Line, Princess Cruises, and Holland America Line. The company is headquartered in Miami, Florida, and has operations in North America, Europe, and Asia. Carnival Corporation & plc has revenue of $20.8 billion and employs over 120,000 people.
8. Hertz Global Holdings Inc.
Hertz Global Holdings Inc. is a car rental company that operates in over 150 countries. The company is headquartered in Estero, Florida, and has over 10,000 locations worldwide. With revenue of $9.8 billion, Hertz Global Holdings Inc. is the eighth-largest company in Florida.
9. Tech Data Corporation
Tech Data Corporation is a technology distributor that provides products and services to resellers and retailers around the world. The company is headquartered in Clearwater, Florida, and has operations in more than 100 countries. Tech Data Corporation has revenue of $37.2 billion and employs over 14,000 people.
10. Lennar Corporation
Lennar Corporation is a homebuilding company that constructs homes in 21 states. The company is headquartered in Miami, Florida, and has built over 800,000 homes since its founding in 1954. Lennar Corporation has revenue of $22.5 billion and employs over 10,000 people.
In conclusion, these are the top 10 largest companies in Florida. These companies have made significant contributions to the state’s economy and provided employment opportunities to thousands of people. They are leaders in their respective industries and continue to innovate and grow.
Florida’s Fortune 500 Companies
Florida is a state that has been attracting businesses for decades. With its warm climate, beautiful beaches, and favorable tax policies, it’s no wonder that many companies have chosen to call Florida home. In fact, the state is home to some of the largest companies in the world, with many of them ranking on the Fortune 500 list.
One of the largest companies in Florida is Publix Super Markets. Founded in 1930, Publix is a grocery store chain that operates over 1,200 stores across the southeastern United States. The company is known for its customer service and high-quality products, which has helped it become one of the most successful grocery chains in the country. In 2020, Publix had revenues of $38.1 billion, making it the largest company in Florida by revenue.
Another major player in the Florida business scene is NextEra Energy. Based in Juno Beach, NextEra Energy is a clean energy company that specializes in wind and solar power. The company operates in 27 states and Canada and has a market capitalization of over $150 billion. In 2020, NextEra Energy had revenues of $17.5 billion, making it the second-largest company in Florida by revenue.
Third on the list is World Fuel Services, a global fuel logistics company based in Miami. World Fuel Services provides fuel and related services to airlines, shipping companies, and other businesses around the world. The company operates in more than 200 countries and had revenues of $23.7 billion in 2020.
Fourth on the list is Fidelity National Information Services (FIS), a financial technology company based in Jacksonville. FIS provides software and services to banks, credit unions, and other financial institutions around the world. The company had revenues of $12.8 billion in 2020 and has a market capitalization of over $90 billion.
Rounding out the top five is Office Depot, an office supply retailer based in Boca Raton. Office Depot operates over 1,300 stores in North America and had revenues of $10.6 billion in 2020. The company has been expanding its e-commerce capabilities in recent years to compete with online retailers like Amazon.
Other notable companies on the Fortune 500 list include AutoNation, a car dealership chain based in Fort Lauderdale; Lennar Corporation, a homebuilder based in Miami; and Royal Caribbean Group, a cruise line operator based in Miami.
While these companies are some of the largest in Florida, they are not the only ones driving the state’s economy. Florida is also home to many small and medium-sized businesses that contribute to the state’s overall economic growth. These businesses operate in a variety of industries, including tourism, healthcare, and technology.
In recent years, Florida has become a hub for technology startups. Cities like Miami and Tampa have seen a surge in tech companies, thanks in part to the state’s favorable tax policies and low cost of living. Many of these startups are focused on developing new technologies in areas like artificial intelligence, cybersecurity, and fintech.
Overall, Florida’s business environment is thriving, with companies of all sizes and industries contributing to the state’s economic growth. Whether you’re a large corporation or a small startup, Florida offers a welcoming business climate that is hard to beat. As the state continues to attract new businesses and entrepreneurs, it’s likely that we’ll see even more growth and innovation in the years to come.