America’s 10 Biggest Companies: 1994 vs 2023 🦅

What we’re showing

The top 10 U.S. companies by annual revenues, as of 1994 and 2023. This data was sourced from the American Business History Center as well as the 2023 Fortune 500 ranking.

Remembering the nineties

Before big tech, the Big Three automakers dominated the American business landscape (Chrysler ranked 11th in 1994, just behind Philip Morris).

Speaking of Philip Morris, the company is now known as Altria following a 2003 rebranding. The change was made due to the company’s diversification outside of tobacco.

Another big change that has occurred since 1994 is the merger of Exxon and Mobil, currently known as ExxonMobil. It’s interesting to note that ExxonMobil is just one of two companies still in the top 10 today (the other being Walmart).