The Biggest Public Company in Every U.S. State
The range in magnitude between public companies is always humbling. Investors trade billions of dollars in the shares of behemoths like Apple and General Electric in a day. Meanwhile, the majority of companies couldn’t be valued at a billion dollars even in the wildest dreams of their management teams.
When looking at the largest public company in each state, one would think that it would be a collection of roughly 50 behemoths. Surprisingly, this is not the case at all.
Our friends at Blender Media pulled up the market capitalization of the largest pubcos in each state, and they are now beautifully arranged in today’s infographic. The data for all of the companies is below, and it is somewhat staggering.
Yes, Apple is huge as it tries to continue its journey to $1 trillion in value. There are some other big companies as well: Microsoft, Berkshire Hathaway, and ExxonMobil are all worth over $300 billion. However, the list also really starts to drop off halfway through.
Regions Financial Corp. is the biggest pubco in Alabama ($14 billion), Extra Space Storage is crushing it in Utah ($9.7 billion), IDEXX Laboratories is big in Maine ($7.4 billion), but then things get even more obscure.
Alaska’s largest public company, General Communication, trades at a market capitalization of only $700 million. Meanwhile, Wyoming’s biggest company is technically a smallcap: Cloud Peak Energy is worth only $166 million in value.
| State | Company Name | Market Cap (Billions) | Stock Symbol |
|---|---|---|---|
| California | Apple Inc. | 668.7 | AAPL |
| Washington | Microsoft Corporation | 378.62 | MSFT |
| Nebraska | Berkshire Hathaway Inc. | 349.11 | BRK-A |
| Texas | Exxon Mobil Corporation | 323.84 | XOM |
| New Jersey | Johnson & Johnson | 275.08 | JNJ |
| Connecticut | General Electric | 263.1 | GE |
| New York | JPMorgan Chase & Co. | 251.77 | JPM |
| Arkansas | Walmart | 224.28 | WMT |
| Ohio | Procter & Gamble Company | 203.74 | PG |
| North Carolina | Bank of America Corporation | 184.76 | BAC |
| Georgia | Coca-Cola Company | 180.02 | KO |
| Pennsylvania | Comcast Corporation | 150.02 | CMCSK |
| Rhode Island | CVS Health Corporation | 121.12 | CVS |
| Minnesota | UnitedHealth Group Inc. | 119.77 | UNH |
| Illinois | AbbVie Inc. | 113.97 | ABBV |
| Virginia | Altria Group | 108.54 | MO |
| Delaware | Walgreens Boots Alliance, Inc. | 100.45 | WBA |
| Oregon | Nike, Inc. | 98.04 | NIKE |
| Indiana | Eli Lilly and Company | 88.28 | LLY |
| Massachusetts | Biogen Inc. | 73.29 | BIIB |
| Maryland | Lockheed Martin Corporation | 66.13 | LMT |
| District of Columbia | Danaher Corporation | 62.65 | DHR |
| Missouri | Express Scripts Holding Company | 61.13 | ESRX |
| Michigan | Ford Motor Company | 59.69 | F |
| Florida | NextEra Energy, Inc. | 49.41 | NEE |
| Tennessee | FedEx Corporation | 46.96 | FDX |
| Nevada | Las Vegas Sands Corp. | 41.31 | LVS |
| Oklahoma | Williams Companies, Inc. | 40.34 | WMB |
| Kentucky | Yum! Brands, Inc. | 36.24 | YUM |
| Wisconsin | Johnson Controls, Inc. | 29.68 | JCI |
| Colorado | Chipotle Mexican Grill Inc. | 23.28 | CMG |
| Arizona | Southern Copper Corporation | 21.5 | SCCO |
| Kansas | Sprint Corporation | 18.61 | S |
| Idaho | Micron Technology, Inc. | 17.68 | MU |
| Iowa | Principal Financial Group Inc. | 16.97 | PFG |
| Louisiana | CenturyLink, Inc. | 15.88 | CTL |
| Alabama | Regions Financial Corporation | 13.95 | RF |
| Utah | Extra Space Storage Inc. | 9.65 | EXR |
| South Carolina | Scana Corporation | 8.14 | SCG |
| Vermont | Keurig Green Mountain, Inc. | 7.79 | GMCR |
| Maine | IDEXX Laboratories, Inc. | 7.35 | IDXX |
| New Hampshire | White Mountains Insurance Group, Ltd. | 4.35 | WTM |
| North Dakota | MDU Resources Group, Inc. | 3.63 | MDU |
| Hawaii | Hawaiian Electric Industries Inc. | 3.29 | HE |
| West Virginia | United Bankshares, Inc. | 2.76 | USBI |
| South Dakota | NorthWestern Corporation | 2.62 | NW E |
| Mississippi | Cal-Maine Foods, Inc. | 2.52 | CALM |
| New Mexico | PNM Resources, Inc. | 2.2 | PNM |
| Montana | Glacier Bancorp, Inc. | 2.12 | CBCI |
| Alaska | General Communication, Inc. | 0.697 | GNCMA |
| Wyoming | Cloud Peak Energy Inc. | 0.166 | CLD |
Original graphic by: Blender Media
