There is a first time for everything, and sometimes that first time marks a big leap.
This year, 21 companies make their debut on the Fortune Global 500 list – our annual ranking of the world’s largest companies by revenue. This year, breaking the list meant bringing in at least $29 billion in the fiscal year ending on or before March 31, 2022. It also means joining a group that includes Walmart, Amazon and Apple.
The companies that made the list for the first time this year are spread across the globe and are involved in sectors ranging from transportation to healthcare to engineering and construction. Asia dominated the list of newcomers with 12 companies, while Europe had five. The US had only two new additions: used car dealer CarMax and conglomerate Danaher. The company’s revenues from the previous year range as high as $172 billion.
These are the 21 first-timers on the Global 500 this year.
1. Sinochem Holdings
Fortune Global 500 Ranking: 31
Industry: Chemicals
Income: 172 billion dollars
Country/Territory: China
2. Life Insurance Corp. in India
Fortune Global 500 Ranking: 98
Industry: Insurance
Income: 97 billion dollars
Country/Territory: India
3. Susun Construction Group
Fortune Global 500 Ranking: 299
Industry: Engineering and construction
Income: 46 billion dollars
Country/Territory: China
4. Hangzhou Iron and Steel Group
Fortune Global 500 Ranking: 336
Industry: Metals
Income: 41 billion dollars
Country/Territory: China
5. Cenovus energy
Fortune Global 500 Ranking: 384
Industry: Mining
Income: 37 billion dollars
Country/Territory: Canada
6. Kuehne + Nagel International
Fortune Global 500 Ranking: 396
Industry: Transport and logistics
Income: 36 billion dollars
Country/Territory: Switzerland
7. red
Fortune Global 500 Ranking: 398
Industry: Petroleum refining
Income: 36 billion dollars
Country/Territory: Brazil
8. Shudao Investment Group
Fortune Global 500 ranking: 413
Industry: Engineering and construction
Income: 35 billion dollars
Country/Territory: China
9. Hunan Iron & Steel Group
Fortune Global 500: 421
Industry: Metals
Income: 34 billion dollars
Country/Territory: China
10. CarMax
Fortune Global 500 Ranking: 432
Industry: Retail trade in cars
Income: 33 billion dollars
Country/Territory: U.S
11. Xinjiang Zhongtai Group
Fortune Global 500 Ranking: 434
Industry: Chemicals
Income: 33 billion dollars
Country/Territory: China
12. place bid
Fortune Global 500 Ranking: 436
Industry: Motor vehicles and spare parts
Income: 33 billion dollars
Country/Territory: China
13. SF Holding
Fortune Global 500 Ranking: 441
Industry: Transport and logistics
Income: 32 billion dollars
Country/Territory: China
14. Shandong Hi-Speed Group
Fortune 500 Global Rank: 458
Industry: Transport and logistics
Income: 31 billion dollars
Country/Territory: China
15. Investor
Fortune 500 Global Rank: 461
Industry: Diversified economy
Income: 31 billion dollars
Country/Territory: Sweden
16. Chengdu Xingcheng Investment Group
Fortune 500 Global Rank: 466
Industry: Engineering and construction
Income: 31 billion dollars
Country/Territory: China
17. Shanghai Delong Steel Group
Fortune 500 Global Rank: 469
Industry: Metals
Income: 30 billion dollars
Country/Territory: China
18. Mercadona
Fortune 500 Global Rank: 471
Industry: Food and Drug Stores
Income: 30 billion dollars
Country/Territory: Spain
19. Danaher
Fortune Global 500 Ranking: 486
Industry: Medical products and equipment
Country/Territory: 29 billion dollars
Country: U.S
20. DSV
Fortune Global 500 Ranking: 496
Industry: Post, package and freight delivery
Income: 29 billion dollars
Country/Territory: Denmark
21. Umicore
Fortune Global 500 Ranking: 500
Industry: Chemicals
Income: 29 billion dollars
Country/Territory: Belgium
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