Ranked: Top Companies Fined by U.S. Regulators (2020–2024) - Voronoi
Aug 29, 2025
Ranked: Top Companies Fined by U.S. Regulators (2020–2024)
Key Takeaways
Healthcare and pharma distribution dominate the most-fined companies, reflecting a series of opioid settlements made in the last few years. (Examples include: J&J, McKesson, Purdue, Walgreens, Cardinal Health, Cencora, Teva, CVS, and Walmart)
On the other hand, crypto firms were hit with large on-off penalties: FTX with $12.7B; Terraform Labs at $4.5B, and Binance averaging $2.8B per fine.
3M's $12.5 billion settlement in 2024 is one of the largest environment-related fines, due to their role in contaminating public water supplies with PFAS, also known as "forever chemicals."
The company also agreed to exit PFAS manufacturing by the end of 2025.
