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The latest edition of Fortune released American Top 500 Enterprises List of 2007.Since the oil price was becoming stabilized,Wal-Mart overtook Exxon Mobil rising to the top of the list.
The ranking of Fortune 500 of 2007 was based on enterprise revenue of 2006.Among them Wal-Mart ranked the first with USD351.139b,the fifth time in this place in the past six years.Though Exxon Mobil descended to the second place,still 3 places in the top five were occupied by oil enterprises with the other two were Chevron and Conoco.In 2006,the total revenue of American Fortune 500 was USD9.9 trillion,up by8.9% comparing with that in 2005; net profit was USD785b,29% more than that in 2005.
Out of this year’s American Fortune 500 Enterprises,US Airways got the biggest rise with ranking advanced to the 208th place; Avis slid down the most with ranking lowered to the 291st place.Calculated by the revenue,industries such as securities,equipment of oil and natural gas,internet and retailing had the largest increase in 2006.