What are the Top 10 companies with headquarters in LA?
According to Fortune 500 rankings in 2017, only 3 companies are headquartered in Los Angeles city limits. The companies are Aecom (161), CBRE Group (214) and Reliance Steel & Aluminum (320). The above 3 companies were included in determining the top 10 companies in LA.
Since the classification of 'top companies' had not been pre-defined, the companies have been ranked based on revenues generated over the last financial year (2017) for the purpose of this research. From the Fortune 500 list, the companies with its headquarters in LA have been filtered out and ranked according to its revenue. Based on initial research, it was found that only 3 Fortune 500 companies were headquartered in the city of LA. Hence, the LA county was considered in order to determine the top 10 companies.
While this list of top Fortune 500 companies in the LA county is based on 2015 revenue, the top 10 companies ranked below is based on the latest 2017 revenue figures.
1. Walt Disney Co
Market value as at 31st March 2017: $179,298,000,000
Headquarters: Burbank, CA
Company overview: "The company’s Media Networks segment operates cable programming services. Disney also produces and sells original live-action and animated television programming to first-run syndication and other television markets, as well as subscription video on demand services and in home entertainment formats. Its Parks and Resorts segment owns and operates the Walt Disney World Resort in Florida and the Disneyland Resort in California".
2. Amgen Inc
Market value as at 31st March 2017: $120,830,000,000
Headquarters: Thousand Oaks, CA
Company overview: "Amgen Inc. discovers, develops, manufactures, and delivers human therapeutics worldwide. It offers products for the treatment of oncology/hematology, cardiovascular, inflammation, bone health, nephrology, and neuroscience".
3. Molina Healthcare Inc
Market value as at 31st March 2017: $2,601,000,000
Headquarters: Long Beach, CA
Industry: Health Care- Insurance and Managed Care
Company overview: "The company provides Medicaid-related solutions to meet the health care needs of low-income families and individuals; and to assist state agencies in their administration of the Medicaid program in the United States. It operates through three segments: Health Plans, Molina Medicaid Solutions, and Other".
Market value as at 31st March 2017: $5,528,000,000
Headquarters: Los Angeles, CA
Industry: Engineering & Construction
Company overview: "Aecom, together with its subsidiaries, engages in designing, building, financing, and operating infrastructure assets worldwide. The company operates through four segments: Design and Consulting Services (DCS), Construction Services (CS), Management Services (MS), and AECOM Capital (ACAP)".
5. Farmers Insurance Exchange
Market value as at 31st March 2017: NA
Headquarters: Woodland Hills, CA
Industry: Insurance-Property and Casualty (Mutual)
Company overview: "Farmers Insurance Exchange, Inc., a reciprocal and inter-insurance exchange company, provides property and casualty insurance products in the United States. The company was founded in 1928 and is based in Los Angeles, California. Farmers Insurance Exchange, Inc. operates as a subsidiary of Farmers Group, Inc".
6. Edison International
Market value as at 31st March 2017: $25,938,000,000
Headquarters: Rosemead, CA
Industry: Utilities-Gas and Electric
Company overview: "Edison International, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in the United States. The company generates electricity through hydroelectric, diesel, natural gas, nuclear, and photovoltaic sources. It supplies electricity primarily to commercial, residential, industrial, agricultural, and other customers, as well as public authorities."
7. CBRE Group Inc
Market value as at 31st March 2017: $11,753,000,000
Headquarters: Real Estate
Industry: Los Angeles, CA
Company overview: "CBRE Group, Inc. operates as a commercial real estate services and investment company worldwide. The company offers strategic advice and execution to owners, investors, and occupiers of real estate connection with leasing, valuation services and consulting services".
8. Reliance Steel & Aluminum Co
Market value as at 31st March 2017: $5,830,000,000
Headquarters: Los Angeles, CA
Company overview: "Reliance Steel & Aluminum Co. operates as a metals service center company. The company provides metals processing services and distributes a line of approximately 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products".
9. Live Nation Entertainment Inc
Market value as at 31st March 2017: $6,219,000,000
Headquarters: Beverly Hills, CA
Company overview: "Live Nation Entertainment, Inc. operates as a live entertainment company. The company operates through Concerts, Sponsorship & Advertising, Ticketing, and Artist Nation segments. As of December 31, 2016, the company owned, operated, or leased 98 entertainment venues and 130 other facilities in North America; and 33 entertainment venues and 107 other facilities internationally".
10. A-Mark Precious Metals Inc
Market value as at 31st March 2017: $120,000,000
Headquarters: Santa Monica, CA
Company overview: "A-Mark Precious Metals, Inc., together with its subsidiaries, operates as a precious metals trading company worldwide. The company offers gold, silver, platinum, and palladium and distributes gold and silver coins and bars from sovereign and private mints. It also provides loans on precious metals, and rare coins and other collectibles".
In conclusion, the top 10 companies in the LA county have been ranked based on its 2017 revenue figures. These are the best performing companies in the LA county based on the Fortune 500 ranking in 2017.