Six Orange County companies made Fortune magazine’s 2005 ranking of the 500 largest publicly traded companies released last week.
Santa Ana-based technology products distributor Ingram Micro Inc., OC’s largest public company by revenue, again leads the local contingent on the Fortune 500.
Ingram ranked No. 76 with 2004 revenue of $25.5 billion. The company moved up five spots from last year’s ranking with a 13% gain in sales from 2003.
Cypress-based PacifiCare Health Systems Inc. was next at No. 172, up 10 spots from the prior year’s ranking. Health plan operator PacifiCare saw 2004 sales jump 12% to $12.3 billion.
Aliso Viejo engineering services company Fluor Corp. came in nine spots lower than a year earlier at No. 241. Fluor posted a 7% gain to $9.4 billion in 2004 revenue, though it didn’t grow as fast as some others on the list.
Santa Ana title insurer First American Corp. also lost some ground, dropping nine spots to No. 309. The company had $6.7 billion in 2004 revenue, up 8% from the previous year.
Fortune included No. 395 Newport Beach-based Pacific Life Insurance Co.,which is owned by policyholders,because the insurer reports financial results.
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First American: fell nine spots to No. 309 |
Pacific Life dropped nearly 20 spots from a year earlier with $4.9 billion in 2004 revenue.
Rounding out the local group is No. 495 Gateway Inc., the PC maker that moved from San Diego County to Irvine last year.
Gateway had $3.6 billion in 2004 sales, up 7% from a year earlier.
Irvine-based Standard Pacific Corp. missed the top 500 cutoff by 19 spots. The homebuilder ranked No. 519 on the magazine’s broader Fortune 1000 list.
Standard Pacific counted 2004 sales of $3.4 billion, up 42% from a year earlier.
Lake Forest disk drive maker Western Digital Corp. came in at No. 562 with $3 billion in 2004 revenue, which was up 12%.
Fullerton-based Beckman Coulter Inc., a maker of gear for medical testing and research, came in at No. 661 with $2.4 billion in sales last year, which was up 10%.
Irvine chipmaker Broadcom Corp. ranked just behind Beckman at No. 664. Broadcom had 2004 sales of $2.4 billion, up 49% from a year earlier.
Rounding out the bottom of the Fortune 1000: No. 744 Irvine drug maker Allergan Inc.; No. 809 William Lyon Homes Inc., the Newport Beach-based homebuilder; No. 841 Irvine-based subprime mortgage company New Century Financial Corp.; No. 935 Apria Healthcare Group Inc., a Lake Forest-based provider of home healthcare services; and No. 971 Westcorp, the Irvine-based parent of Western Financial Bank.
One company that isn’t on the Fortune 1000 list: Huntington Beach-based Quiksilver Inc. with $1.4 billion in sales for the 12 months ended Jan. 31. The maker of surfwear and other clothes would rank No. 985 on the list.
Most likely Fortune looked at Quiksilver’s fiscal year ended in October at $1.3 billion, which didn’t include its holiday sales.
Los Angeles County counts nine Fortune 500 companies on this year’s list: Walt Disney Co., Northrop Grumman Corp., Computer Sciences Corp., Countrywide Financial Corp., DirecTV Group Inc., Health Net Inc., Occidental Oil and Gas Corp., Unocal Corp. and Edison International.
San Diego County counts three companies on the list after losing Gateway last year: Sempra Energy, Science Applications International Corp. and Qualcomm Inc.
