Which company ranked No. 10 on the 2025 Fortune 500?
Answer
Cencora
Cencora ranked No. 10 on the 2025 Fortune 500.
The Fortune 500 ranks the largest U.S. companies by revenue for their respective fiscal years. In the 2025 edition, Cencora reported roughly $294 billion in revenue and placed behind McKesson at No. 9. The ranking put three major pharmaceutical wholesalers in the top 15: McKesson, Cencora, and Cardinal Health.
Cencora was formerly known as AmerisourceBergen. The company adopted the Cencora name in 2023, while continuing its core business of distributing pharmaceuticals and providing related services to manufacturers, pharmacies, hospitals, and other health-care customers. Its enormous revenue reflects the value of products moving through its distribution network; it does not mean the company earned that amount as profit.
The neighboring choices are easy to confuse because CVS Health, McKesson, and Cardinal Health also occupied prominent positions on the 2025 list. CVS Health ranked No. 5, McKesson No. 9, and Cardinal Health No. 15. Fortune’s list is a revenue ranking, so it should not be confused with a stock-market index or a ranking by market capitalization.