Which city had the most Fortune 500 headquarters in 2023?

New York City had the most Fortune 500 headquarters in 2023.

Fortune counted 44 Fortune 500 companies headquartered in New York City in 2023, putting it clearly ahead of Houston, the runner-up. The city’s concentration reflects its historic role in finance, media, advertising, consumer brands, health care, and global corporate management. Major companies associated with New York include JPMorgan Chase, Verizon, Pfizer, and many other large employers.

The question concerns headquarters located within the city, not every company in the broader New York metropolitan area. Counts can therefore differ depending on whether researchers use city limits, metropolitan areas, or nearby suburbs. A company’s operational footprint may also be much larger elsewhere than its official headquarters suggests.

The ranking has shifted over time as companies relocate. Houston, Atlanta, Chicago, and Dallas are major headquarters centers, but in the 2023 city-by-city Fortune count, none matched New York’s total. New York’s lead also demonstrates that headquarters concentration is not the same as manufacturing or employment concentration.