Home Depot moves up on Fortune 500 list

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Home Depot moves up on Fortune 500 list

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Gene J. Puskar
Home Depot’s revenue topped $88 billion last year, pushing it to 28th on the Fortune 500 list.

HEAVYWEIGHTS

The top 10 public companies nationally, by revenue

1. Walmart, $482.18 billion

2. ExxonMobil, $246.20 billion

3. Apple, $233.72 billion

4. Berkshire Hathaway, $210.82 billion

5. McKesson, $181.24 billion

6. UnitedHealth Group, $157.11 billion

7. CVS Health, $153.29 billion

8. General Motors, $152.36 billion

9. Ford Motor, $149.56 billion

10. AT&T, $146.80 billion

Home Depot has climbed into the top 30 on the roster of biggest U.S. public companies.

The Cobb County-based home improvement giant gained five spots to 28th on the 2016 Fortune 500 list, issued Monday. The move was powered by sales gains that boosted revenue to $88.52 billion last year.

Eighteen companies headquartered in Georgia made the list, all but one of them repeat members.

New to the list: Veritiv, an Atlanta company spun off from International Paper Co. It debuted at 323rd overall, and with $8.71 billion in revenue is 10th among Georgia companies, just ahead of SunTrust Banks (329th).

Veritiv also is notable for being one of 21 Fortune 500 companies — down from 24 last year — with a female CEO. Mary Laschinger runs the paper and packaging distribution company.

The biggest Georgia movers on this year’s list are Asbury Automotive, which jumped 52 spots to 393rd, and AGCO, which tumbled 64 spots to 360th.

Three companies disappeared from the Georgia list. Rock-Tenn became part of Virginia-based WestRock; Arris Group is now part of a UK-based parent company; and AGL Resources, which is merging into Southern Co., fell out of the 500.

The Georgia companies by overall rank:

28. Home Depot, $88.52 billion, up from 33

48. UPS, $58.36 billion, down from 47

62. Coca-Cola, $44.29 billion, up from 63

68. Delta Air Lines, $40.70 billion, up from 73

135. Aflac, $20.87 billion, down from 132

162. Southern Co., $17.49 billion, up from 163

183. Genuine Parts, $15.28 billion, up from 199

249. First Data, $11.45 billion, up from 265

320. HD Supply, $8.78 billion, down from 316

323. Veritiv, $8.71 billion, new to list

329. SunTrust Banks, $8.53 billion, down from 327

338. Mohawk Industries, $8.07 billion, up from 362

360. AGCO, $7.46 billion, down from 296

393. Asbury Automotive, $6.59 billion, up from 450

397. Coca-Cola European Partners, $6.54 billion, down from 368

409. NCR, $6.37 billion, up from 412

433. PulteGroup, $5.98 billion, up from 453

434. Newell Brands, $5.97 billion, up from 455.

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