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CPA Practice Advisor · Jun 15, 2026

California Falls Behind Texas in Fortune 500 Ranking

Tax Brief summary and classification of the original reporting.

Bottom Line

💡 California Falls Behind Texas in Fortune 500 Ranking. General industry update.

Summary

This year, 57 of the top U.S. companies by revenue are headquartered in Texas, including healthcare giant McKesson, compared with California's 56.

Classification

Category: backgroundPriority: informationalReason: General tax news

Applies To

state

Affected Groups

State and local tax specialists

Original Source

We aggregate public tax updates and provide AI-assisted summaries. Please read the original reporting for full details.

Read original article