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 $2 billion. The company has growth on the brain with expansion plans that include Virginia and the Carolinas. With 180,000 employees (and co-owners thanks to a health stock ownership plan), what’s a few more?
Company Info
| CEO | Randall T. Jones Sr. |
| CEO Title | President, Chief Executive Officer & Director |
| Sector | Food & Drug Stores |
| Industry | Food and Drug Stores |
| HQ Location | Lakeland, FL |
| Website | www.publix.com |
| Years on Fortune 500 List | 23 |
| Employees | 191,000 |
Key Financials (Last Fiscal Year)
| Revenues ($M) | $34,274 |
| Profits ($M) | $2,025.7 |
| Assets ($M) | $17,464 |
| Total Stockholder Equity ($M) | $13,473 |
| Market Value — as of March 31, 2017 ($M) | - |
Profit Ratios
| Profit as % of Revenues | 5.9% |
| Profits as % of Assets | 11.6% |
| Profits as % of Stockholder Equity | 15% |
Earnings Per Share (Last Fiscal Year)
| Earnings Per Share ($) | 263 |
| EPS % Change (from 2015) | 3.5% |
| EPS % Change (5 year annual rate) | 6.7% |
| EPS % Change (10 year annual rate) | 7.4% |
Total Return
| Total Return to Investors (2016) | - |
| Total Return to Investors (5 year, annualized) | - |
| Total Return to Investors (10 year, annualized) | - |
