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Minnesota Companies

Minnesota is one of the highest ranking states in terms of Fortune, Forbes and S&P 500 companies. A world-renowned hospital is the largest employer in the state.


+ Explore Minnesota's Top Companies

Fortune, Forbes, S&P 500 and Largest Employers

Fortune 500

  • With 17 Fortune 500 companies, Minnesota ranks 11th nationwide in the number of Fortune 500 companies. More impressive, the Twin Cities ranks first among the 30 largest metropolitan areas nationwide – and Minnesota ranks fourth – in Fortune 500 companies per 1 million people.

Forbes Largest Private Companies

  • Minnesota is home to six of Forbes Largest Private Companies, ranking 13th nationwide. The state also ranks 10th in the number of private companies per 1 million people. With revenues of nearly $115 billion, Minnesota-based Cargill ranks first in the country among private companies.

Standard & Poor’s 500 index

  • Minnesota ranks 13th nationwide in total number of in Standard & Poor’s 500 index (S&P 500) companies and sixth in S&P 500 companies per 1 million people. The S&P 500 is one of the most widely quoted American indexes because it represents the largest publicly traded corporations in the U.S. by market value.

Minnesota Largest Employers

  • With nearly 41,700 employees, Mayo Clinic is the largest employer in the state.
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