17 from New Jersey make 2020’s Fortune 500

May 21, 2020
The 2020 Fortune 500 list features 17 companies from the Garden State. The annual list of most profitable companies in the U.S. is based upon 2019 revenue. The 500 that made this year’s list represent two-thirds of the U.S. economy, with $14.2 trillion in revenue. Notable moves of New Jersey companies on the list include Burlington Stores, which experienced the biggest jump, climbing 27 places to rank No. 424. The Burlington-based retailer saw its revenues increase by 9.3 percent to total $7.286 billion. Also moving up by 27 places was Camden headquartered Campbell Soup Co., which now ranks at No. 322. The soup company experienced a 14.1 percent gain in revenue clocking in at $9.9 billion. New Brunswick-based Johnson & Johnson kept its same spot from last year, and is the leader on the list of Garden State companies ranking at No. 35 with revenue of $82.59 billion. Parsippany’s PBF Energy moved down 12 spots and now sits at No. 69 with a 9.9 percent decrease in revenue. Roseland-headquartered ADP, on the other hand, climbed 12 spots to No. 227 with a 6.4 percent revenue increase.

Here’s the complete list of New Jersey companies included in the 2020 Fortune 500:

Johnson & Johnson Rank: 35 Revenue: $82,059,000,000 Prudential Financial Rank: 53 Revenue: $64,807,000,000 Merck Rank: 69 Revenue: $46,840,000,000 PBF Energy Rank: 125 Revenue: $24,508,200,000 Becton Dickinson and Co. (BD) Rank:187 Revenue: $17,290,000 Cognizant Technology Solutions Rank: 194 Revenue: $16,783,000,000 Automatic Data Processing (ADP) Rank: 227 Revenue: $14,175,200,000 Bed Bath & Beyond Rank: 265 Revenue: $12,028,800,000 Public Service Enterprise Group (PSEG) Rank: 317 Revenue: $10,076,000,000 Campbell Soup Co. Rank: 322 Revenue: $9,909,000,000 NRG Energy Rank: 324 Revenue: $9,871,000,000 Avis Budget Group Rank: 345 Revenue: 9,172,000,000 Quest Diagnostics Rank: 410 Revenue: $7,726,000,000 Burlington Stores Rank: 424 Revenue: $7,286,400,000 Zoetis Rank: 472 Revenue: $6,260,000 Ascena Retail Group Rank: 473 Revenue: $6,242,800,000 Realogy Holdings Rank: 490 Revenue: $5,870,000,000 Read the full article here.
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