Forbes has released its list of America’s Top 500 Public Companies, with a pair of Chester County businesses making the cut, writes Corinne Jurney.
The magazine based its ranking by applying scores in equally-weighted categories, including revenue, profits, and market value at March 31, 2017. The companies on the list had a combined $11.1 trillion in revenue for the 12-month period, a decline of 4.3 percent over the year.
However, these companies also accounted for $944 billion in profit, an increase of close to six percent. They also have a combined market capitalization of nearly $21.1 trillion, 7.1 percent higher than the top 500 companies in 2016.
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AmerisourceBergen came close to cracking the Top 100, at 112th. The Chesterbrook pharmaceutical services company recorded sales of $148.3 billion with profits of $1.3 billion and a total market value of $19.2 billion.
Berwyn’s Ametek, the worldwide manufacturer of electronic instruments and electromechanical devices, ranked at 411th on the list. The company recorded profits of $512 million on sales of $3.8 billion and a market value of $12.4 billion.
The company that took the top spot on the list is Berkshire Hathaway.
Read more about America’s Top 500 Public Companies in Forbes here.
