A list of the biggest, most powerful and valuable public companies in the world includes 39 companies with headquarters in Illinois.
Aerospace giant Boeing Co. landed at 76th place, making it the highest-ranking Illinois company on the Forbes Global 2000 announced Wednesday.
Illinois had three newcomers on the list: Baxalta, Ulta Salon, Cosmetics & Fragrance Inc., and USG.
The ranking by Forbes is based on sales, profits, assets and market value.
Kraft Heinz Co. rose more than 100 spots to 281st after the two food companies merged.
Warren Buffett’s Berkshire Hathaway is the highest-ranked U.S. company, coming in at No. 4.
“The 2016 Global 2000 illustrates the headwinds public companies face from a slowing Chinese economy, the collapse in energy prices and ongoing actions by central banks in the U.S., Europe and Japan, among other trends,” Forbes Media senior editor Steve Schaefer said in a news release.
“Still the dominant size of China’s banks, which command the top three spots for a second-straight year, and the broad reach of U.S. companies, which account for the most members of the list, 587, show that even in a year when sales, profits and market values fell in aggregate, the world’s most powerful economies still produce the biggest public companies.”