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  • Previous Rank
    317
  • Revenues ($M)
    $34,274
  • Revenue Percent Change
    5.1%
  • Profits ($M)
    $2,025.7
  • Profits Percent Change
    3.1%
  • Assets ($M)
    $17,464
  • Employees
    191,000

For almost a decade the 81-year old, privately-held supermarket chain in the Southeastern U.S. was on a slow growth trajectory under CEO Ed Crenshaw, who semi-retired in May 2016 but continues as chairman. Under the leadership of lifelong Publix associate Todd Jones, the world’s largest employee-owned company recorded $34 billion in 2016 sales, an 5% increase from the (slightly shorter) year prior, and record profits of more than $2 billion. The company has growth on the brain with expansion plans that include Virginia and the Carolinas. With 180,000 employees (and co-owners thanks to a health stock ownership plan), what’s a few more?

Company Information

CEO
Randall T. Jones Sr.
Sector
Food & Drug Stores
Industry
Food and Drug Stores
HQ Location
Lakeland, FL
Websitehttp://www.publix.com
Years on Global 500 List23
Employees191,000
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Publix Super Markets Rank History

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Key Financials (Last Fiscal Year)

($ Millions)% change
Revenues ($M)$34,2745.1%
Profits ($M)$2,025.73.1%
Assets ($M)$17,464-
Total Stockholder Equity ($M)$13,473-

Profit Ratios

Profit as % of Revenues5.9%
Profits as % of Assets11.6%
Profits as % of Stockholder Equity15%