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Fortune 500

Courtesy of Xerox




The Norwalk, Conn.-based document technology and IT services company experienced the biggest rank drop on this year’s Fortune 500, plummeting 129 spots to No. 291, and was weighed down by a 40.1% dip in revenue due in part to a continued decline in office printing and copying. At the end of fiscal year 2017, Xerox sought to gain scale and cut costs by agreeing to a takeover by Fujifilm. But in early 2018, pressure from activist investors Carl Icahn and Darwin Deason scuttled the deal that would have handed control of the 112-year-old printing pioneer to the Japanese company.

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John Visentin

CEO Title

Chairman & Chief Executive Officer




Computers, Office Equipment

HQ Location

Norwalk, Conn.

Years on Fortune 500 List




Spun off Conduent (2017 rank: 466), Dec. 31, 2016.
Key Financials (Last Fiscal Year)
$ millions% change
Revenues ($M)$10,265-40.1%
Profits ($M)$195.0
Assets ($M)$15,946
Total Stockholder Equity ($M)$5,256
Market Value — as of March 29, 2018 ($M)$7,330
Profit Ratios
Profit as % of Revenues1.9%
Profits as % of Assets1.2%
Profits as % of Stockholder Equity3.7%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)0.71
EPS % Change (from 2016)-
EPS % Change (5 year annual rate)-27.4%
EPS % Change (10 year annual rate)-17.3%
Total Return
Total Return to Investors (2017)23.6%
Total Return to Investors (5 year, annualized)11.8%
Total Return to Investors (10 year, annualized)-2.1%
()0.00 0.00 (0)
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