Michigan: Corporations
Fortune 1000 Rankings (2020) [1]
All Dollar Values are in USD Millions
Company |
globalEDGE Industry |
Rank | Revenue | Profits | Assets |
Market Value |
City |
---|---|---|---|---|---|---|---|
Ford Motor | Transport Manufacturing | 12 | $155,900 | $47 | $258,537 | $26,297 | Dearborn |
General Motors | Transport Manufacturing | 18 | $137,237 | $6,732 | $228,037 | $79,953 | Detroit |
Dow | Chemicals | 78 | $42,951 | ($1,359) | $60,524 | $30,430 | Midland |
Penske Automotive Group | Retail | 136 | $23,179 | $436 | $13,943 | $5,287 | Bloomfield Hills |
Whirlpool | Consumer Products | 162 | $20,419 | $1,184 | $18,881 | $12,242 | Benton Harbor |
Lear | Transport Manufacturing | 166 | $19,810 | $754 | $12,681 | $10,058 | Southfield |
Stryker | Healthcare | 214 | $14,884 | $2,083 | $30,167 | $92,148 | Kalamazoo |
Kellogg | Food and Beverage | 237 | $13,578 | $960 | $17,564 | $19,812 | Battle Creek |
DTE Energy | Energy | 253 | $12,669 | $1,169 | $41,882 | $18,290 | Detroit |
Ally Financial | Financial Services | 273 | $11,618 | $1,715 | $180,644 | $5,403 | Detroit |
BorgWarner | Transport Manufacturing | 312 | $10,168 | $746 | $9,702 | $5,037 | Auburn Hills |
Auto-Owners Insurance | Financial Services | 320 | $10,007 | $1,352 | $27,135 | - | Lansing |
Autoliv | Transport Manufacturing | 369 | $8,548 | $462 | $6,771 | $4,017 | Auburn Hills |
SpartanNash | Retail | 370 | $8,536 | $6 | $2,276 | $521 | Byron Center |
Masco | Construction | 384 | $8,235 | $935 | $5,027 | $9,118 | Livonia |
CMS Energy | Energy | 443 | $6,845 | $680 | $26,837 | $16,697 | Jackson |
American Axle & Manufacturing | Transport Manufacturing | 460 | $6,531 | ($485) | $6,645 | $408 | Detroit |
Kelly Services | Business Services | 521 | $5,356 | $112 | $2,481 | $496 | Troy |
UFP Industries | Industrial Manufacturing | 606 | $4,416 | $180 | $1,890 | $2,297 | Grand Rapids |
Meritor | Transport Manufacturing | 609 | $4,388 | $291 | $2,815 | $979 | Troy |
Domino's Pizza | Food and Beverage | 679 | $3,619 | $401 | $1,382 | $12,647 | Ann Arbor |
Steelcase | Mining, Minerals, Metals | 706 | $3,443 | $126 | $2,142 | $1,157 | Grand Rapids |
WABCO Holdings | Transport Manufacturing | 708 | $3,421 | $246 | $4,037 | $6,924 | Auburn Hills |
Garret Motion | Transport Manufacturing | 739 | $3,248 | $313 | $2,275 | $214 | Plymouth |
Cooper-Standard Holdings | Transport Manufacturing | 759 | $3,108 | $68 | $2,636 | $173 | Novi |
Visteon | Transport Manufacturing | 794 | $2,945 | $70 | $2,271 | $1,344 | Van Buren Township |
Herman Miller | Consumer Products | 864 | $2,567 | $161 | $1,569 | $1,311 | Zeeland |
Wolverine World Wide | Apparel and Textiles | 928 | $2,274 | $129 | $2,480 | $1,232 | Rockford |
TCF Financial | Financial Services | 979 | $2,053 | $296 | $46,652 | $3,451 | Detroit |
Ford Motor | Transport Manufacturing | 12 | $155,900 | $47 | $258,537 | $26,297 | Dearborn |
General Motors | Transport Manufacturing | 18 | $137,237 | $6,732 | $228,037 | $79,953 | Detroit |
Dow | Chemicals | 78 | $42,951 | ($1,359) | $60,524 | $30,430 | Midland |
Penske Automotive Group | Retail | 136 | $23,179 | $435 | $13,942 | $5,287 | Bloomfield Hills |
Whirlpool | Consumer Products | 162 | $20,419 | $1,184 | $18,881 | $12,242 | Benton Harbor |
Lear | Transport Manufacturing | 166 | $19,810 | $753 | $12,680 | $10,058 | Southfield |
Stryker | Healthcare | 214 | $14,884 | $2,083 | $30,167 | $92,148 | Kalamazoo |
Kellogg | Food and Beverage | 237 | $13,578 | $960 | $17,564 | $19,812 | Battle Creek |
DTE Energy | Energy | 253 | $12,669 | $1,169 | $41,882 | $18,289 | Detroit |
Ally Financial | Financial Services | 273 | $11,618 | $1,715 | $180,644 | $5,402 | Detroit |
BorgWarner | Transport Manufacturing | 312 | $10,168 | $746 | $9,702 | $5,037 | Auburn Hills |
Auto-Owners Insurance | Financial Services | 320 | $10,007 | $1,352 | $27,134 | - | Lansing |
Autoliv | Transport Manufacturing | 369 | $8,547 | $461 | $6,771 | $4,017 | Auburn Hills |
SpartanNash | Retail | 370 | $8,536 | $5 | $2,275 | $520 | Byron Center |
Masco | Construction | 384 | $8,235 | $935 | $5,027 | $9,118 | Livonia |
CMS Energy | Energy | 443 | $6,845 | $680 | $26,837 | $16,697 | Jackson |
American Axle & Manufacturing | Transport Manufacturing | 460 | $6,530 | ($484) | $6,644 | $408 | Detroit |
Kelly Services | Business Services | 521 | $5,355 | $112 | $2,480 | $496 | Troy |
UFP Industries | Industrial Manufacturing | 606 | $4,416 | $179 | $1,889 | $2,296 | Grand Rapids |
Meritor | Transport Manufacturing | 609 | $4,388 | $291 | $2,815 | $979 | Troy |
Domino's Pizza | Food and Beverage | 679 | $3,618 | $400 | $1,382 | $12,647 | Ann Arbor |
Steelcase | Mining, Minerals, Metals | 706 | $3,443 | $126 | $2,142 | $1,156 | Grand Rapids |
WABCO Holdings | Transport Manufacturing | 708 | $3,421 | $245 | $4,037 | $6,924 | Auburn Hills |
Garret Motion | Transport Manufacturing | 739 | $3,248 | $313 | $2,275 | $214 | Plymouth |
Cooper-Standard Holdings | Transport Manufacturing | 759 | $3,108 | $67 | $2,635 | $173 | Novi |
Visteon | Transport Manufacturing | 794 | $2,945 | $70 | $2,271 | $1,344 | Van Buren Township |
Herman Miller | Consumer Products | 864 | $2,567 | $160 | $1,569 | $1,311 | Zeeland |
Wolverine World Wide | Apparel and Textiles | 928 | $2,273 | $128 | $2,480 | $1,232 | Rockford |
TCF Financial | Financial Services | 979 | $2,052 | $295 | $46,651 | $3,451 | Detroit |
Largest Private Companies (2020) [2]
Company | Rank | Revenue (USD) | City |
---|---|---|---|
Meijer | 18 | $18,100,000,000 | Grand Rapids |
Gordon Food Service | 20 | $15,500,000,000 | Grand Rapids |
Amway | 49 | $8,400,000,000 | Ada |
Plastipak Holdings | 147 | $3,100,000,000 | Plymouth |
Haworth | 203 | $2,300,000,000 | Holland |
Tax Rate (2021) [3]
Corporate Marginal Income Tax Rate | 6.0% > $0 |
---|---|
Individual Income Tax Rate | 4.25% > $0 |
Sales Tax Rate | 6% - Ranked: 17/50 |
Business Tax Climate Index Rankings (2021) [3]
Better
Worse
Sources:
- Fortune 1000 (2017) (Date Accessed: 12/1/2017)
- Forbes (2017) (Date Accessed: 12/1/2017)
- Tax Foundation (2018) (Date Accessed: 5/6/2018)