Forbes Includes Delco Business Among America’s Top 500 Public Companies

By

A man inside the lobby of the Lincoln Financial Group.

Forbes has released its list of America’s Top 500 Public Companies, with Delaware County’s Lincoln National Corporation making the cut, writes Corinne Jurney.

Forbes determined the rankings by applying scores in equally weighted categories, including revenue, profits, and the market value of the country’s top public companies at March 31, 2017. The companies on the list had a combined $11.1 trillion in revenue for the 12-month period, a decline of 4.3 percent over the year.

However, these companies also accounted for $944 billion in profit, an increase of close to six percent. They also have a combined market capitalization of nearly $21.1 trillion, 7.1 percent higher than the top 500 companies in 2016.

Radnor’s Lincoln National, the holding company that operates a number of insurance and retirement businesses, broke into the Top 150 at No. 136. The company recorded sales of $13.4 billion and profits of $1.2 billion. It has assets of $263.5 billion and a healthy market value of $14.8 billion.

The company that placed highest on the list is Berkshire Hathaway.

Read more about America’s Top 500 Public Companies in Forbes by clicking here.

Join Our Community

Never miss a Delaware County story!

"*" indicates required fields

Hidden
DT Yes
This field is for validation purposes and should be left unchanged.
Advertisement