Headquartered S&P 500 Companies
Market capitalization is a measure of a company's value estimated by multiplying the number of outstanding shares by share price. More than 70 percent of U.S. market capitalization is tracked by the S&P 500 Index.
Minnesota's companies in the S&P Index are among the largest in the country with combined market capitalization of $363 billion, comparable in value to the GDP of the state of Georgia. These companies operate in a wide variety of industries showing a healthy and diverse economy.
Standard and Poor’s 500 Companies with Headquarters in Minnesota, 2011*
|
Company Name
|
Industry
|
Market Capitalization
($ Billions)
|
|
3M
|
Industrial Conglomerates
|
63.0
|
|
UnitedHealth Group
|
Health Care Insurance
|
54.3
|
|
US Bancorp
|
Financial Services
|
50.8
|
|
Medtronic
|
Medical Devices
|
38.2
|
|
Target Corporation
|
General Retail
|
34.9
|
|
General Mills
|
Food Products
|
24.2
|
|
St. Jude
|
Medical Devices
|
15.5
|
|
Ameriprise Financial
|
Financial Services
|
12.5
|
|
CH Robinson Worldwide
|
Transportation and Logistics
|
12.2
|
|
Xcel Energy
|
Utilities
|
11.8
|
|
Ecolab
|
Chemicals
|
11.7
|
|
Best Buy
|
Electronic Product Retail
|
10.7
|
|
Fastenal
|
Industrial Tools
|
9.8
|
|
Hormel Food
|
Food Products
|
7.8
|
|
Patterson Companies
|
Dental Products
|
3.7
|
|
SUPERVALU
|
Food and Drug Stores
|
1.9
|
*Market capitalization as of July 28, 2011.