8 Arizona companies rank in Fortune 500 for 2021, the most in the past 25 years

By Andy Blye | Phoenix Business Journal

Eight Arizona companies made the Fortune 500 this year, the most to make the list in the past 25 years. An additional 13 companies from the Grand Canyon State ranked in the magazine’s list of top 1,000 companies.

The highest ranking Arizona company was technology distributor Avnet Inc. at No. 168, up one position from its ranking last year. Avnet (Nasdaq: AVT) has been a stalwart on the list, consistently appearing year after year. The other Arizona companies among the top 500, in descending rank order, include Freeport-McMoRan (NYSE: FCX), Republic Services (NYSE: RSG), Insight Enterprises (Nasdaq: NSIT) and Magellan Health (Nasdaq: MGLN).

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