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|
|Nebraska||Berkshire Hathaway Inc.||349.11||BRK-A|
|Texas||Exxon Mobil Corporation||323.84||XOM|
|New Jersey||Johnson & Johnson||275.08||JNJ|
|New York||JPMorgan Chase & Co.||251.77||JPM|
|Ohio||Procter & Gamble Company||203.74||PG|
|North Carolina||Bank of America Corporation||184.76||BAC|
|Rhode Island||CVS Health Corporation||121.12||CVS|
|Minnesota||UnitedHealth Group Inc.||119.77||UNH|
|Delaware||Walgreens Boots Alliance, Inc.||100.45||WBA|
|Indiana||Eli Lilly and Company||88.28||LLY|
|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|
|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|
|Idaho||Micron Technology, Inc.||17.68||MU|
|Iowa||Principal Financial Group Inc.||16.97||PFG|
|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
Visualizing Population Density Patterns in Six Countries
These maps show the population density of several countries, using 3D spikes to denote where more people live.
As of 2022, Earth has 8 billion humans. By 2050, the population is projected to grow to 10 billion.
In the last 100 years, the global population more than quadrupled. But none of this growth has been evenly spread out, including within countries.
This series of 3D maps from Terence Teo, an associate professor at Seton Hall University, renders the population density of six countries using open-source data from Kontur Population. He used popular programming language R and a path-tracing package, Rayshader, to create the maps.
France and Germany: Population Density Spikes and Troughs
Let’s take a look at how the population spreads out in different countries around the world. Click the images to explore higher-resolution versions.
France is the world’s 7th largest economy and second-most-populous country in the EU with 65 million people. But a staggering one-fifth of the French population lives in Paris and its surrounding metro—the most populous urban area in Europe.
Many residents in the Paris metropolitan area are employed in the service sector, which makes up one-third of France’s $2.78 trillion gross domestic product.
Unlike France, Germany has many dense cities and regions, with Berlin, Munich, Stuttgart, and Cologne all having over a million residents. Berlin is the most populated at 3.5 million residents in the city proper, and 6 million in the wider urban area.
That said, the relatively recent reunification of West and East Germany in 1991 meant that post-WWII growth was mostly concentrated in West Germany (and West Berlin).
Italy and Chile: Coast to Coast
In Italy, another phenomenon affects population density and urban development—a sprawling coastline.
Despite having a large population of 59 million and large metropolitan areas throughout, Italy’s population spikes are closer to the water.
The port cities of Genoa, Napoli, and Palermo all have large spikes relative to the rest of the country, as does the capital, Rome. Despite its city center located 15 miles inland from the sea, it extends to the shore through the district of Ostia, where the ancient port of Rome existed.
Meanwhile in Chile, stuck between the Andes to the east and the Pacific Ocean to the west, population spikes corroborate with its many port towns and cities.
However, the country is more concentrated than Italy, with 40% of its residents congregating around the capital of Santiago.
Turkey and Canada: Marred by Mountains and Climes
Though Chile has difficulties with terrain, it is relatively consistent. Other countries have to attempt to settle many different climes—regions defined by their climates.
Mountains to the south and east, a large, semi-arid plateau, and even a small desert leave few centers of urban growth in Türkiye.
Predictably, further west, as the elevation comes down to the Aegean and Mediterranean Seas, population spikes begin to heighten. The largest of course is the economic and cultural hub of Istanbul, though the capital Ankara is also prominent with more than 5 million residents.
In Canada, the Rocky Mountains to the west and freezing cold temperatures in the center and north account for the large country’s relative emptiness.
Though population spikes in Western Canada are growing rapidly, highly populous urban centers are noticeably concentrated along the St. Lawrence River, with the Greater Toronto Area accounting for more than one-sixth of the country’s 39 million people.
According to the World Bank, more than half of the world’s population currently lives in cities, and that trend is only growing.
By 2050, 7 out of 10 people are projected to live in cities. This congregation makes cities a beehive of productivity and innovation—with more than 80% of the world’s GDP being generated at these population centers.
It’s in this context that mapping and studying urban development becomes all the more important, particularly as policymakers try their hand at sustainable urban planning.
As Teo puts it:
“By showing where people are (and are not), they show us where political and economic power is concentrated, and perhaps where and who our governments represent.”
Datastream5 days ago
Ranked: The Top Online Music Services in the U.S. by Monthly Users
Automotive2 weeks ago
The Most Fuel Efficient Cars From 1975 to Today
Datastream2 days ago
Super-Sized Bets for Football’s Big Game (2013-2022)
Technology4 weeks ago
Prediction Consensus: What the Experts See Coming in 2023
VC+2 weeks ago
Get VC+ Before Prices Increase on February 1st
Technology2 days ago
Ranked: America’s 20 Biggest Tech Layoffs Since 2020
Energy4 weeks ago
Mapped: Biggest Sources of Electricity by State and Province
Economy2 weeks ago
The $16 Trillion European Union Economy