1. Home
  2. Global Insights
  3. By State
  4. Minnesota
  5. Corporations

Minnesota: Corporations

Fortune 1000 Rankings (2019) [1]

All Dollar Values are in USD Millions
Company globalEDGE
Industry 		Rank Revenue Profits Assets Market
Value 		City
UnitedHealth Group open_in_new Healthcare 6 $226,247 $11,986 $152,221 $237,255 Minnetonka
Target open_in_new Retail 39 $75,356 $2,937 $41,290 $41,440 Minneapolis
Best Buy open_in_new Retail 74 $42,879 $1,464 $12,901 $19,030 Richfield
3M open_in_new Consumer Products 95 $32,765 $5,349 $36,500 $119,659 St. Paul
CHS open_in_new Food and Beverage 97 $32,683 $775 $16,381 - Inver Grove Heights
U.S. Bancorp open_in_new Financial Services 117 $25,775 $7,096 $467,374 $77,116 Minneapolis
C.H. Robinson Worldwide open_in_new Business Services 185 $16,631 $664 $4,427 $11,948 Eden Prairie
General Mills open_in_new Food and Beverage 200 $15,740 $2,131 $30,624 $30,987 Minneapolis
Supervalu open_in_new Retail 201 $15,679 $45 $4,387 - Eden Prairie
Land O' Lakes open_in_new Food and Beverage 212 $14,936 $254 $9,124 - Arden Hills
Ecolab open_in_new Chemicals 215 $14,668 $1,429 $20,074 $50,908 St. Paul
Ameriprise Financial open_in_new Financial Services 249 $12,924 $2,098 $137,216 $17,345 Minneapolis
Xcel Energy open_in_new Energy 274 $11,537 $1,261 $45,987 $28,903 Minneapolis
Mosaic open_in_new Chemicals 325 $9,587 $470 $20,119 $10,527 Plymouth
Hormel Foods open_in_new Food and Beverage 328 $9,545 $1,012 $8,142 $23,976 Austin
Thrivent Financial for Lutherans open_in_new Financial Services 351 $8,635 $1,233 $94,482 - Minneapolis
Polaris Industries open_in_new Transport Manufacturing 476 $6,166 $332 $4,124 $5,152 Medina
Securian Financial Group open_in_new Financial Services 506 $5,495 $322 $51,887 - St. Paul
Patterson open_in_new Retail 510 $5,465 $201 $3,471 $2,079 St. Paul
Fastenal open_in_new Retail 544 $4,965 $751 $3,321 $18,402 Winona
H.B. Fuller open_in_new Chemicals 757 $3,041 $171 $4,175 $2,475 St. Paul
Donaldson open_in_new Industrial Manufacturing 810 $2,734 $180 $1,976 $6,390 Minneapolis
Toro open_in_new Industrial Manufacturing 835 $2,618 $271 $1,571 $7,304 Bloomington
Deluxe open_in_new Financial Services 989 $1,998 $149 $2,305 $1,907 Shoreview

Largest Private Companies (2020) [2]

Company Rank Revenue (USD) City
Cargill 2 $114,600,000,000 Wayzata
Mortenson 84 $5,000,000,000 Minneapolis
Rosen's Diversified 142 $3,200,000,000 Fairmont
Andersen Corporation 178 $2,500,000,000 Bayport
Taylor 206 $2,200,000,000 North Mankato
Johnson Brothers Liquor 216 $2,000,000,000 St. Paul

Tax Rate (2021) [3]

Corporate Marginal Income Tax Rate 9.8% > $0
Individual Income Tax Rate 5.35% > $0
6.80% > $27,230
7.85% > $89,440
9.85% > $166,040
Sales Tax Rate 6.875% - Ranked: 6/50

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)