FORTUNE magazine announced that Honeywell has been ranked 74 on the 2010 FORTUNE 500 list, which ranks all U.S. companies by revenue.
The full list of the largest U.S. companies is currently available online and related stories will appear in the May 3 issue of FORTUNE magazine, which will also be available on newsstands on April 19.
“U.S. corporations are staging a nearly unprecedented comeback that’s largely escaping notice,” said Shawn Tully, FORTUNE magazine’s editor-at-large. “For 2009, the FORTUNE 500 lifted earnings 335%, to $391 billion, a $301 billion jump that’s the second largest in the list’s 56-year history, approaching the increase in the robust recovery of 2003. For last year, the 500 raised their return on sales from less than 1% to 4%. That’s close to the list’s 4.7% historical average.”
For more information, read the online article and view the full list.
