Express Scripts Tearing Up Fortune 500 List
|Express Scripts is St. Louis' largest company -- by far.|
The pharmaceutical management company Express Scripts isn't just the largest St. Louis company on this year's Fortune 500 list -- it's actually made the magazine's list of fastest growing companies across the nation.
With 81.8 percent revenue growth in 2010 compared to the year before, the company leapfrogged 41 places up this year's list, which appears in the magazine's May 23 issue. It's now the 55th largest company in the nation, and it's breathing down the neck of No. 54 (which, for the record, is Goldman Sachs).
Fortune reports that Express Scripts' revenue totaled $44 billion in 2010. It also included the company in its list of companies that provide "the most bang for the buck" -- ranking it thirteenth in terms of revenue for every dollar worth of assets.
But it doesn't hurt that many other companies in the Fortune 100 actually decreased revenue in 2010. Express Scripts was able to pass companies such as Sears (which reported 1.6 percent less revenue last year), Safeway (which had only minimal growth) and FedEx (where revenue declined).
Other St. Louis companies on the list, plus how they did in 2010 compared to 2009:
* No. 120, Emerson Electric. Dropped three places after a year in which revenue increased 4.5 percent
* No, 234, Monsanto. Dropped from No. 197; revenue dropped 10.5 percent in 2010
* No. 313, Ameren. Climbed seven spaces; revenue increased 7.7 percent in 2010
* No. 333, Charter. Climbed one place after 4.5 percent revenue increase
* No. 338, Peabody Energy. Climbed eight places; 10 percent revenue increase
* No. 480, Graybar Electric. Dropped ten places with 5.4 percent revenue growth.
What's the largest corporation in America? Wal-Mart, duh! All three of the top places on Fortune's list have stayed the same since last year -- they're held by Wal-Mart, Exxon Mobil and Chevron. Guess we'll have to say how badly those latter two companies are affected if Congress keeps tightening the screws...