By AZ Business Magazine | AZ Big Media
There is no debating the fact that 2020 was a tough year for business. Jobs were lost. Businesses were shuttered. Some companies were forced to pivot, then pivot again, and then pivot again. Even with the challenges the COVID-19 pandemic presented, some Arizona-based public companies were still able to have a banner year in 2020. Here are 2020’s 20 most-profitable companies in Arizona, based on corporate financial statements.
The 20 most-profitable public companies in Arizona
1. Align Technology
What the company does: Teeth aligners
Headquarters: Tempe
2020 revenue: $2,472,000,000
2020 profit: $1,776,000,000
2. Republic Services
What the company does: Waste collection
Headquarters: Phoenix
2020 revenue: $10,154,000,000
2020 profit: $967,000,000
3. Amerco
What the company does: Rental trucks
Headquarters: Phoenix
2020 revenue: $4,304,000,000
2020 profit: $659,000,000
4. Freeport-McMoRan
What the company does: Copper mining
Headquarters: Phoenix
2020 revenue: $14,198,000,000
2020 profit: $599,000,000
5. NortonLifeLock
What the company does: Cybersecurity
Headquarters: Tempe
2020 revenue: $2,493,000,000
2020 profit: $591,000,000