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Massachusetts: Corporations

Fortune 1000 Rankings (2020) [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 33 $95,214 ($4,979) $266,048 $53,132 Boston
Raytheon Technologies open_in_new Aerospace and Defense 39 $77,046 $5,537 $139,716 $104,549 Waltham
Liberty Mutual Insurance Group open_in_new Financial Services 77 $43,228 $1,044 $133,644 - Boston
TJX open_in_new Retail 80 $41,717 $3,272 $24,145 $81,992 Framingham
Massachusetts Mutual Life open_in_new Financial Services 89 $37,253 $3,701 $290,731 - Springfield
Raytheon open_in_new Aerospace and Defense 108 $29,176 $3,343 $34,566 $36,517 Waltham
Thermo Fisher Scientific open_in_new Technology 119 $25,542 $3,696 $58,381 $204,446 Waltham
Biogen open_in_new Pharmaceuticals 223 $14,378 $5,889 $27,234 $55,070 Cambridge
BJ's Wholesale Club open_in_new Retail 243 $13,191 $187 $5,270 $5,720 Westborough
State Street open_in_new Financial Services 244 $13,131 $2,242 $246 $27,066 Boston
Global Partners open_in_new Energy 246 $13,082 $36 $2,808 $300 Waltham
Keurig Dr Pepper open_in_new Food and Beverage 288 $11,120 $1,254 $49,518 $44,962 Burlington
Boston Scientific open_in_new Healthcare 296 $10,735 $4,700 $30,565 $52,495 Marlborough
Wayfair open_in_new Technology 348 $9,127 ($985) $2,953 $5,043 Boston
Eversource Energy open_in_new Energy 371 $8,527 $909 $41,124 $25,835 Springfield
American Tower open_in_new Media and Communications 414 $7,580 $1,888 $42,802 $96,444 Boston
Analog Devices open_in_new Technology 487 $5,991 $1,363 $21,393 $33,011 Norwood
Alexion Pharmaceuticals open_in_new Pharmaceuticals 547 $4,991 $2,404 $5,128 $19,942 Boston
Hanover Insurance Group open_in_new Financial Services 554 $4,897 $425 $12,491 $3,457 Worcester
Iron Mountain open_in_new Business Services 619 $4,263 $267 $13,817 $6,839 Boston
Vertex Pharmaceuticals open_in_new Pharmaceuticals 626 $4,163 $1,177 $8,319 $55,963 Boston
Clean Harbors open_in_new Public Services 709 $3,412 $98 $4,109 $2,866 Norwell
Hologic open_in_new Healthcare 718 $3,367 ($204) $6,442 $9,271 Marlborough
Cabot open_in_new Chemicals 726 $3,337 $157 $3,004 $1,481 Boston
Boston Properties open_in_new Financial Services 789 $2,961 $522 $21,285 $14,307 Boston
Akamai Technologies open_in_new Business Services 806 $2,894 $478 $7,007 $14,811 Cambridge
PerkinElmer open_in_new Technology 809 $2,884 $228 $6,538 $8,379 Waltham
Charles River Laboratories International open_in_new Healthcare 855 $2,621 $252 $4,693 $6,246 Wilmington
Waters open_in_new Technology 889 $2,407 $592 $2,557 $11,316 Milford
Service Properties Trust open_in_new Financial Services 914 $2,316 $260 $9,034 $889 Newton
Teradyne open_in_new Technology 921 $2,295 $468 $2,787 $9,026 North Reading
Bruker open_in_new Technology 968 $2,073 $197 $2,772 $5,530 Billerica
Bright Horizons Family Solutions open_in_new Business Services 975 $2,062 $180 $3,330 $5,936 Watertown
General Electric open_in_new Consumer Products 33 $95,214 ($4,979) $266,048 $53,132 Boston
Raytheon Technologies open_in_new Aerospace and Defense 39 $77,046 $5,537 $139,716 $104,549 Waltham
Liberty Mutual Insurance Group open_in_new Financial Services 77 $43,228 $1,044 $133,644 - Boston
TJX open_in_new Retail 80 $41,717 $3,272 $24,145 $81,992 Framingham
Massachusetts Mutual Life open_in_new Financial Services 89 $37,253 $3,700 $290,730 - Springfield
Raytheon open_in_new Aerospace and Defense 108 $29,176 $3,343 $34,566 $36,517 Waltham
Thermo Fisher Scientific open_in_new Technology 119 $25,542 $3,696 $58,381 $204,446 Waltham
Biogen open_in_new Pharmaceuticals 223 $14,377 $5,888 $27,234 $55,070 Cambridge
BJ's Wholesale Club open_in_new Retail 243 $13,190 $187 $5,269 $5,720 Westborough
State Street open_in_new Financial Services 244 $13,131 $2,242 $245 $27,066 Boston
Global Partners open_in_new Energy 246 $13,081 $35 $2,808 $299 Waltham
Keurig Dr Pepper open_in_new Food and Beverage 288 $11,120 $1,254 $49,518 $44,962 Burlington
Boston Scientific open_in_new Healthcare 296 $10,735 $4,700 $30,565 $52,495 Marlborough
Wayfair open_in_new Technology 348 $9,127 ($984) $2,953 $5,042 Boston
Eversource Energy open_in_new Energy 371 $8,526 $909 $41,123 $25,835 Springfield
American Tower open_in_new Media and Communications 414 $7,580 $1,887 $42,801 $96,444 Boston
Analog Devices open_in_new Technology 487 $5,991 $1,363 $21,392 $33,010 Norwood
Alexion Pharmaceuticals open_in_new Pharmaceuticals 547 $4,991 $2,404 $5,128 $19,942 Boston
Hanover Insurance Group open_in_new Financial Services 554 $4,897 $425 $12,490 $3,457 Worcester
Iron Mountain open_in_new Business Services 619 $4,262 $267 $13,816 $6,838 Boston
Vertex Pharmaceuticals open_in_new Pharmaceuticals 626 $4,162 $1,176 $8,318 $55,963 Boston
Clean Harbors open_in_new Public Services 709 $3,412 $97 $4,108 $2,866 Norwell
Hologic open_in_new Healthcare 718 $3,367 ($203) $6,442 $9,270 Marlborough
Cabot open_in_new Chemicals 726 $3,337 $157 $3,004 $1,480 Boston
Boston Properties open_in_new Financial Services 789 $2,960 $521 $21,284 $14,306 Boston
Akamai Technologies open_in_new Business Services 806 $2,893 $478 $7,006 $14,810 Cambridge
PerkinElmer open_in_new Technology 809 $2,883 $227 $6,538 $8,379 Waltham
Charles River Laboratories International open_in_new Healthcare 855 $2,621 $252 $4,692 $6,245 Wilmington
Waters open_in_new Technology 889 $2,406 $592 $2,557 $11,315 Milford
Service Properties Trust open_in_new Financial Services 914 $2,316 $259 $9,034 $888 Newton
Teradyne open_in_new Technology 921 $2,295 $467 $2,787 $9,025 North Reading
Bruker open_in_new Technology 968 $2,072 $197 $2,771 $5,529 Billerica
Bright Horizons Family Solutions open_in_new Business Services 975 $2,062 $180 $3,330 $5,936 Watertown

Largest Private Companies (2020) [2]

Company Rank Revenue (USD) City
Fidelity Investments 15 $20,900,000,000 Boston
Staples 45 $9,000,000,000 Framingham
Boston Consulting Group 47 $8,500,000,000 Boston
The Kraft Group 77 $5,500,000,000 Foxborough
Demoulas Super Markets 78 $5,300,000,000 Tewksbury
Bain & Company 102 $4,300,000,000 Boston
Bose 109 $4,000,000,000 Framingham
New Balance 113 $4,000,000,000 Boston
Suffolk 127 $3,700,000,000 Boston
Ebsco Industries 156 $2,900,000,000 Birmingham
HP Hood 204 $2,300,000,000 Lynnfield
Big Y Foods 210 $2,000,000,000 Chicopee

Tax Rate (2021) [3]

Corporate Marginal Income Tax Rate 8.0% > $0
Individual Income Tax Rate 5.00% > $0
Sales Tax Rate 6.25% - Ranked: 13/50

Business Tax Climate Index Rankings (2021) [3]

Better
Worse

Sources:

  1. Fortune 1000 (2017) (Date Accessed: 12/1/2017)
  2. Forbes (2017) (Date Accessed: 12/1/2017)
  3. Tax Foundation (2018) (Date Accessed: 5/6/2018)