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Massachusetts: Corporations

Fortune 1000 Rankings (2019) [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 21 $120,268 ($22,355) $309,129 $87,009 Boston
Liberty Mutual Insurance Group open_in_new Financial Services 75 $42,685 $2,160 $125,989 - Boston
Massachusetts Mutual Life Insurance open_in_new Financial Services 84 $39,267 $397 $265,812 - Springfield
TJX open_in_new Retail 85 $38,972 $3,059 $14,326 $65,615 Framingham
Raytheon open_in_new Aerospace and Defense 114 $27,058 $2,909 $31,864 $51,390 Waltham
Thermo Fisher Scientific open_in_new Technology 124 $24,358 $2,938 $56,232 $109,215 Waltham
Biogen open_in_new Pharmaceuticals 235 $13,452 $4,430 $25,288 $46,498 Cambridge
BJ's Wholesale Club open_in_new Retail 245 $13,007 $127 $3,239 $3,776 Westborough
State Street Corp. open_in_new Financial Services 247 $12,973 $2,599 $244,626 $24,919 Boston
Global Partners open_in_new Energy 254 $12,672 $103 $2,424 $668 Waltham
Boston Scientific open_in_new Healthcare 319 $9,823 $1,671 $20,999 $53,367 Marlborough
Eversource Energy open_in_new Energy 358 $8,448 $1,033 $38,241 $22,512 Springfield
Keurig Dr Pepper open_in_new Food and Beverage 409 $7,442 $586 $48,918 $39,328 Burlington
American Tower open_in_new Media and Communications 410 $7,440 $1,236 $33,010 $86,930 Boston
Wayfair open_in_new Technology 446 $6,779 ($504) $1,890 $13,524 Boston
Analog Devices open_in_new Technology 472 $6,200 $1,495 $20,449 $38,772 Norwood
Hanover Insurance Group open_in_new Financial Services 516 $5,406 $391 $12,399 $4,645 Worcester
LPL FInancial Holdings open_in_new Financial Services 531 $5,188 $439 $5,477 $5,873 Boston
Iron Mountain open_in_new Business Services 605 $4,225 $363 $11,852 $10,154 Boston
Alexion Pharmaceuticals open_in_new Pharmaceuticals 614 $4,131 $77 $13,931 $30,320 Boston
Skyworks Solutions open_in_new Technology 640 $3,868 $918 $4,828 $14,269 Woburn
Clean Harbors open_in_new Public Services 714 $3,300 $65 $3,738 $3,995 Norwell
Cabot open_in_new Chemicals 720 $3,242 ($113) $3,244 $2,477 Boston
Hologic open_in_new Healthcare 726 $3,217 ($111) $7,230 $12,947 Marlborough
Vertex Pharmaceuticals open_in_new Pharmaceuticals 752 $3,047 $2,096 $6,245 $47,028 Boston
PerkinElmer open_in_new Technology 802 $2,778 $237 $5,975 $10,677 Waltham
Boston Properties open_in_new Financial Services 813 $2,717 $582 $20,256 $20,685 Boston
Akamai Technologies open_in_new Business Services 815 $2,714 $298 $5,461 $11,704 Cambridge
Waters open_in_new Technology 875 $2,419 $593 $3,727 $18,000 Milford
Hospitality Properties Trust open_in_new Financial Services 904 $2,294 $185 $7,177 $4,326 Newton
Charles River Laboratories International open_in_new Healthcare 916 $2,266 $226 $3,855 $7,004 Wilmington
Teradyne open_in_new Technology 960 $2,100 $451 $2,706 $6,899 North Reading
MKS Instruments open_in_new Technology 966 $2,075 $392 $2,614 $5,045 Andover
Nuance Communications open_in_new Media and Communications 972 $2,051 ($159) $5,302 $4,832 Burlington

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)