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.

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