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Minnesota: Corporations

Fortune 1000 Rankings (2017) [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 $184,840 $7,017 $122,810 $410,522 Minnetonka
Target open_in_new Retail 38 $69,495 $2,737 $37,431 $159,763 Minneapolis
Best Buy open_in_new Retail 72 $39,403 $1,228 $13,856 $6,900 Richfield
CHS open_in_new Food and Beverage 93 $30,347 $424 $17,318 $73,606 Inver Grove Heights
3M open_in_new Consumer Products 94 $30,109 $5,050 $32,906 $71,193 Maplewood
U.S. Bancorp open_in_new Financial Services 125 $22,744 $5,888 $445,964 $57,429 Minneapolis
Supervalu open_in_new Retail 158 $17,529 $178 $4,370 $9,802 Eden Prairie
General Mills open_in_new Food and Beverage 165 $16,563 $1,697 $21,712 $45,912 Minneapolis
Land O’Lakes open_in_new Food and Beverage 209 $13,233 $244 $8,305 $8,853 Arden Hills
Ecolab open_in_new Chemicals 211 $13,153 $1,229 $18,330 $10,466 St. Paul
C.H. Robinson Worldwide open_in_new Business Services 212 $13,144 $513 $3,688 $38,614 Eden Prairie
Ameriprise Financial open_in_new Financial Services 239 $11,735 $1,314 $139,821 $8,169 Minneapolis
Xcel Energy open_in_new Energy 256 $11,107 $1,123 $41,155 $8,815 Minneapolis
Hormel Foods open_in_new Food and Beverage 295 $9,523 $890 $6,370 $1,032 Austin
Thrivent Financial for Lutherans open_in_new Financial Services 316 $8,777 $587 $88,561 $0 Minneapolis
Mosaic open_in_new Chemicals 377 $7,163 $297 $16,841 $472 Plymouth
St. Jude Medical open_in_new Healthcare 434 $6,004 $734 $12,578 $6,693 St. Paul
Patterson open_in_new Retail 466 $5,555 $187 $3,521 $25,444 St. Paul
Securian Financial Group open_in_new Financial Services 532 $4,777 $248 $44,267 $0 St. Paul
Polaris Industries open_in_new Transport Manufacturing 537 $4,595 $212 $3,100 $3,373 Medina
Valspar open_in_new Consumer Products 578 $4,191 $353 $4,315 $20,903 Minneapolis
Fastenal open_in_new Retail 591 $3,962 $499 $2,669 $20,478 Winona
Toro open_in_new Industrial Manufacturing 836 $2,392 $231 $1,388 $14,131 Bloomington
Donaldson open_in_new Industrial Manufacturing 882 $2,220 $190 $1,789 $1,641 Minneapolis
H.B. Fuller open_in_new Chemicals 913 $2,095 $124 $2,058 $2,000 St. Paul
Federated Mutual Insurance open_in_new Financial Services 918 $2,062 $228 $7,125 $0 Owatonna
Buffalo Wild Wings open_in_new Food and Beverage 944 $1,987 $94 $1,047 $2,036 Minneapolis
Deluxe open_in_new Financial Services 978 $1,849 $229 $2,184 $12,439 Shoreview
Regis open_in_new Retail 1000 $1,791 ($11) $1,037 $12,162 Edina

Largest Private Companies (2017) [2]

Company Rank Revenue (USD) City
Cargill 1 $109,700,000,000 Minneapolis
Carlson 91 $4,400,000,000 Minnetonka
Mortenson 110 $3,800,000,000 Minneapolis
Holiday Companies 130 $3,300,000,000 Bloomington
Rosen's Diversified 145 $3,100,000,000 Fairmont
Schwan Food 154 $3,000,000,000 Marshall
Andersen 179 $2,500,000,000 Bayport
Taylor 218 $2,100,000,000 North Mankato

Tax Rate (2018) [3]

Corporate Marginal Income Tax Rate 9.80% > $0
Individual Income Tax Rate 5.35% > $0
7.05% > $25,390
7.85% > $83,400
9.85% > $156,900
3.00% > $0
4.00% > $5,000
5.00% > $10,000
Sales Tax Rate 6.875% - Ranked: 6/50

Business Tax Climate Index Rankings (2018) [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)