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17 from New Jersey make 2020’s Fortune 500

Linda Lindner |

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

Rank: 69
Revenue: $46,840,000,000

PBF Energy
Rank: 125
Revenue: $24,508,200,000

Becton Dickinson and Co. (BD)
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

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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