December 30, 2024 10:23 pm
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These 10 companies are Arizona’s largest by revenue

(Disclosure: Rose Law Group represents Taylor Morrison.) 

By Russ Wiles | Arizona Republic

Arizona placed 10 companies on this year’s Fortune 500 list, which measures corporate revenue leaders from around the nation.

Phoenix-based Avnet Inc., a distributor of electronic parts, led the Arizona contingent with 2022 sales of $24.3 billion, edging out copper-mining giant Freeport-McMoran at $22.8 billion, followed by Reliance Steel & Aluminum, Opendoor Technologies and Carvana.

The other Arizona-based companies in the Fortune 500 are Republic Services, Insight Enterprises, On Semiconductor, Taylor Morrison Home and Knight-Swift Transportation.

Nationally, Walmart topped the chart for the 11th consecutive year with $611 billion in revenue, followed by Amazon.com, Exxon Mobil, Apple and United Healthcare.

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