Amazon has overtaken Walmart to claim the No. 1 spot on the Fortune 500, ending the retailer’s 13-year run at the top of the annual ranking of America’s biggest companies by revenue.
The latest list, based on fiscal 2025 revenue, puts Amazon in the top spot, followed by Walmart and UnitedHealth Group.
The shakeup marks the first time since 2013 that Walmart has not held the No. 1 position on the Fortune 500.
