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The Biggest Public Company in Every U.S. State

The Biggest Public Company in Every U.S. State

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.

StateCompany NameMarket Cap (Billions)Stock Symbol
CaliforniaApple Inc.668.7AAPL
WashingtonMicrosoft Corporation378.62MSFT
NebraskaBerkshire Hathaway Inc.349.11BRK-A
TexasExxon Mobil Corporation323.84XOM
New JerseyJohnson & Johnson275.08JNJ
ConnecticutGeneral Electric263.1GE
New YorkJPMorgan Chase & Co.251.77JPM
ArkansasWalmart224.28WMT
OhioProcter & Gamble Company203.74PG
North CarolinaBank of America Corporation184.76BAC
GeorgiaCoca-Cola Company180.02KO
PennsylvaniaComcast Corporation150.02CMCSK
Rhode IslandCVS Health Corporation121.12CVS
MinnesotaUnitedHealth Group Inc.119.77UNH
IllinoisAbbVie Inc.113.97ABBV
VirginiaAltria Group108.54MO
DelawareWalgreens Boots Alliance, Inc.100.45WBA
OregonNike, Inc.98.04NIKE
IndianaEli Lilly and Company88.28LLY
MassachusettsBiogen Inc.73.29BIIB
MarylandLockheed Martin Corporation66.13LMT
District of ColumbiaDanaher Corporation62.65DHR
MissouriExpress Scripts Holding Company61.13ESRX
MichiganFord Motor Company59.69F
FloridaNextEra Energy, Inc.49.41NEE
TennesseeFedEx Corporation46.96FDX
NevadaLas Vegas Sands Corp.41.31LVS
OklahomaWilliams Companies, Inc.40.34WMB
KentuckyYum! Brands, Inc.36.24YUM
WisconsinJohnson Controls, Inc.29.68JCI
ColoradoChipotle Mexican Grill Inc.23.28CMG
ArizonaSouthern Copper Corporation21.5SCCO
KansasSprint Corporation18.61S
IdahoMicron Technology, Inc.17.68MU
IowaPrincipal Financial Group Inc.16.97PFG
LouisianaCenturyLink, Inc.15.88CTL
AlabamaRegions Financial Corporation13.95RF
UtahExtra Space Storage Inc.9.65EXR
South CarolinaScana Corporation8.14SCG
VermontKeurig Green Mountain, Inc.7.79GMCR
MaineIDEXX Laboratories, Inc.7.35IDXX
New HampshireWhite Mountains Insurance Group, Ltd.4.35WTM
North DakotaMDU Resources Group, Inc.3.63MDU
HawaiiHawaiian Electric Industries Inc.3.29HE
West VirginiaUnited Bankshares, Inc.2.76USBI
South DakotaNorthWestern Corporation2.62NW E
MississippiCal-Maine Foods, Inc.2.52CALM
New MexicoPNM Resources, Inc.2.2PNM
MontanaGlacier Bancorp, Inc.2.12CBCI
AlaskaGeneral Communication, Inc.0.697GNCMA
WyomingCloud Peak Energy Inc.0.166CLD

Original graphic by: Blender Media

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