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Massachusetts: Corporations

Fortune 1000 Rankings (2017) [1]

All Dollar Values are in USD Millions
Company globalEDGE
Industry 		Rank Revenue Profits Assets Market
Value 		City
General Electric open_in_new Consumer Products 13 $126,661 $8,831 $365,183 $259,520 Boston
Liberty Mutual Insurance Group open_in_new Financial Services 75 $38,308 $1,006 $125,592 $0 Boston
Massachusetts Mutual Life Insurance open_in_new Financial Services 77 $37,788 $1,273 $271,040 $0 Springfield
TJX open_in_new Retail 87 $33,184 $2,298 $12,884 $77,557 Framingham
Raytheon open_in_new Aerospace and Defense 116 $24,069 $2,211 $30,052 $59,359 Waltham
Staples open_in_new Retail 140 $20,217 ($1,497) $8,271 $4,825 Framingham
Thermo Fisher Scientific open_in_new Technology 154 $18,274 $2,021 $45,908 $7,433 Waltham
Biogen open_in_new Pharmaceuticals 248 $11,449 $3,702 $22,877 $36,141 Cambridge
State Street Corp. open_in_new Financial Services 271 $10,635 $2,143 $242,698 $9,476 Boston
Boston Scientific open_in_new Healthcare 327 $8,386 $347 $18,096 $10,148 Marlborough
Global Partners open_in_new Energy 334 $8,240 ($199) $2,564 $440 Waltham
Eversource Energy open_in_new Energy 358 $7,639 $942 $32,053 $7,703 Springfield
American Tower open_in_new Media and Communications 449 $5,786 $956 $30,879 $2,914 Boston
LPL Financial Holdings open_in_new Financial Services 584 $4,049 $191 $4,835 $2,531 Boston
Iron Mountain open_in_new Business Services 649 $3,525 $104 $9,487 $5,047 Boston
Analog Devices open_in_new Technology 660 $3,421 $861 $7,970 $9,468 Norwood
Wayfair open_in_new Technology 666 $3,380 ($194) $762 $19,051 Boston
Skyworks Solutions open_in_new Technology 680 $3,289 $995 $3,855 $7,474 Woburn
Hologic open_in_new Healthcare 755 $2,833 $330 $7,317 $17,294 Marlborough
Clean Harbors open_in_new Public Services 764 $2,755 ($39) $3,682 $2,387 Norwell
Boston Properties open_in_new Financial Services 796 $2,551 $512 $18,852 $8,308 Boston
PAREXEL International open_in_new Healthcare 824 $2,426 $154 $2,036 $2,402 Waltham
Cabot open_in_new Chemicals 829 $2,411 $149 $3,044 $14,652 Boston
Alere open_in_new Healthcare 835 $2,395 ($39) $5,856 $14,224 Waltham
Akamai Technologies open_in_new Business Services 851 $2,340 $316 $4,373 $5,394 Cambridge
PerkinElmer open_in_new Technology 875 $2,262 $234 $4,277 $4,031 Waltham
Waters open_in_new Technology 899 $2,167 $521 $4,662 $13,292 Milford
Hospitality Properties Trust open_in_new Financial Services 922 $2,047 $223 $6,634 $3,337 Newton
Nuance Communications open_in_new Media and Communications 953 $1,949 ($12) $5,662 $3,268 Burlington

Largest Private Companies (2017) [2]

Company Rank Revenue (USD) City
Fidelity Investments 19 $15,900,000,000 Boston
Boston Consulting Group 71 $5,000,000,000 Boston
The Kraft Group 90 $4,400,000,000 Foxborough
Demoulas Super Markets 98 $4,100,000,000 Tewksbury
Bose 108 $3,800,000,000 Framingham
New Balance 111 $3,800,000,000 Boston
Suffolk Construction 158 $2,900,000,000 Boston
Bain & Co 199 $2,300,000,000 Boston
HP Hood 215 $2,100,000,000 Lynnfield

Tax Rate (2018) [3]

Corporate Marginal Income Tax Rate 8.00% > $0
Individual Income Tax Rate 5.10% > $0
Sales Tax Rate 6.25%

Business Tax Climate Index Rankings (2018) [3]

Business Tax Climate Index

22 / 50

Corporate Tax Index Rank

35 / 50

Individual Income Tax Index Rank

12 / 50

Sales Tax Index Rank

12 / 50

Unemployment Insurance Tax Index Rank

49 / 50

Property Tax Index Rank

46 / 50

Sources:

  1. Fortune 1000 (2017)
  2. Forbes (2017)
  3. Tax Foundation (2018)