Short answer
The biggest US manufacturing companies by latest annual revenue are Apple ($416.2 billion, year to September 2025), Exxon Mobil ($332.2 billion, 2025), NVIDIA ($215.9 billion, year to January 2026), Chevron ($189.0 billion) and Ford ($187.3 billion), according to their 10-K filings. The list covers US-headquartered public companies whose SEC industry code is in manufacturing (SIC 2000 to 3999), ranked by total revenue as reported.
- Nine of the 30 make computers, chips or networking gear; together they reported $1.18 trillion of revenue.
- Micron jumped into the top ten with $133.2 billion for its year to September 2026.
- Five oil refiners reported $909 billion between them, about a quarter of the top 30's revenue.
- 153 manufacturers with 20,000 or more employees run 5,595 US plants and employ 16.3% of manufacturing workers (Census, 2022).
- 40.9% of manufacturing employment is at firms with fewer than 500 employees.
On this page
This list is for anyone who sells to manufacturers (equipment, automation, MRO supplies, software, logistics, staffing, engineering services) and for analysts who need the largest manufacturers with a source for each figure. It ranks US-headquartered public companies whose SEC industry code (SIC) is in the manufacturing range, 2000 to 3999, by total revenue for their latest fiscal year as reported in their 10-K. Headquarters and headcount come from the same filing. For a shorter overview with a guide to building a list of smaller manufacturers, see top manufacturing companies.
The 30 biggest US manufacturing companies
| Rank | Company | Headquarters | Revenue, latest fiscal year | What it makes | Employees |
|---|---|---|---|---|---|
| 1 | Apple | Cupertino, CA | $416.16 billion (year to Sep 27, 2025) | Phones, computers | about 166,000 full-time equivalents |
| 2 | Exxon Mobil | Spring, TX | $332.24 billion (2025) | Oil, fuels, chemicals | 57,900 regular employees |
| 3 | NVIDIA | Santa Clara, CA | $215.94 billion (year to Jan 25, 2026) | Chips, computing systems | about 42,000 |
| 4 | Chevron | Houston, TX | $189.03 billion (2025) | Oil, fuels, chemicals | 43,039 |
| 5 | Ford Motor | Dearborn, MI | $187.27 billion (2025) | Vehicles | about 169,000 |
| 6 | General Motors | Detroit, MI | $185.02 billion (2025) | Vehicles | about 156,000 |
| 7 | Micron Technology | Boise, ID | $133.19 billion (year to Sep 3, 2026) | Memory chips | about 61,000 |
| 8 | Marathon Petroleum | Findlay, OH | $132.70 billion (2025) | Refined fuels | about 18,500 |
| 9 | Phillips 66 | Houston, TX | $132.38 billion (2025) | Refined fuels, chemicals | about 12,600 |
| 10 | Valero Energy | San Antonio, TX | $122.69 billion (2025) | Refined fuels | 9,811 |
| 11 | Dell Technologies | Round Rock, TX | $113.54 billion (year to Jan 30, 2026) | Computers, servers | about 97,000 |
| 12 | Tesla | Austin, TX | $94.83 billion (2025) | Electric vehicles, batteries | 134,785 |
| 13 | Johnson & Johnson | New Brunswick, NJ | $94.19 billion (year to Dec 28, 2025) | Medicines, medical devices | about 140,800 |
| 14 | PepsiCo | Purchase, NY | $93.93 billion (year to Dec 27, 2025) | Snacks, beverages | about 306,000 |
| 15 | Boeing | Arlington, VA | $89.46 billion (2025) | Aircraft, defense systems | about 182,000 |
| 16 | RTX | Arlington, VA | $88.60 billion (2025) | Aircraft engines, defense systems | about 180,000 |
| 17 | Procter & Gamble | Cincinnati, OH | $87.03 billion (year to Jun 30, 2026) | Household and personal care products | about 104,000 |
| 18 | Archer-Daniels-Midland | Chicago, IL | $80.27 billion (2025) | Food ingredients, oils | 41,496 |
| 19 | Lockheed Martin | Bethesda, MD | $75.05 billion (2025) | Aircraft, missiles, space systems | about 123,000 |
| 20 | Caterpillar | Irving, TX | $67.59 billion (2025) | Construction and mining machinery, engines | about 118,000 full-time |
| 21 | IBM | Armonk, NY | $67.54 billion (2025) | Software, consulting, mainframes | not stated |
| 22 | Eli Lilly | Indianapolis, IN | $65.18 billion (2025) | Medicines | about 50,000 |
| 23 | Merck | Rahway, NJ | $65.01 billion (2025) | Medicines, vaccines | about 75,000 |
| 24 | Broadcom | Palo Alto, CA | $63.89 billion (year to Nov 2, 2025) | Chips, software | about 33,000 |
| 25 | Cisco Systems | San Jose, CA | $63.33 billion (year to Jul 25, 2026) | Networking equipment, software | about 82,400 |
| 26 | Pfizer | New York, NY | $62.58 billion (2025) | Medicines, vaccines | about 75,000 |
| 27 | AbbVie | North Chicago, IL | $61.16 billion (2025) | Medicines | about 57,000 |
| 28 | HP Inc | Palo Alto, CA | $55.30 billion (year to Oct 31, 2025) | PCs, printers | about 55,000 |
| 29 | Tyson Foods | Springdale, AR | $54.44 billion (year to Sep 27, 2025) | Meat and prepared foods | about 133,000 |
| 30 | Intel | Santa Clara, CA | $52.85 billion (year to Dec 27, 2025) | Chips | 85,100 |
Revenue is total revenue or net sales as reported in each company's latest 10-K. Headquarters are each company's business address on its SEC filings. Employees are from the same filing; General Motors' figure is our sum of about 88,000 hourly and 68,000 salaried employees, and J&J's is employees (its full-time-equivalent count is 138,200). IBM's 2025 annual report doesn't state a total headcount.
General Dynamics ($52.55 billion) is 31st. ConocoPhillips is registered with the SEC under petroleum refining and reported $58.94 billion, but its 10-K describes it as an independent exploration and production company, so we leave it out. Companies headquartered abroad that file with the SEC, such as Medtronic, Linde and Eaton, are also excluded.
The list by sector
| Sector | Companies in the top 30 | Revenue (our sum) |
|---|---|---|
| Computers, chips and networking | Apple, NVIDIA, Micron, Dell, IBM, Broadcom, Cisco, HP, Intel | $1,181.7 billion |
| Oil refining | Exxon Mobil, Chevron, Marathon Petroleum, Phillips 66, Valero | $909.0 billion |
| Vehicles | Ford, General Motors, Tesla | $467.1 billion |
| Pharmaceuticals | Johnson & Johnson, Eli Lilly, Merck, Pfizer, AbbVie | $348.1 billion |
| Food, beverages and household products | PepsiCo, Procter & Gamble, ADM, Tyson | $315.7 billion |
| Aerospace and defense | Boeing, RTX, Lockheed Martin | $253.1 billion |
| Machinery | Caterpillar | $67.6 billion |
Revenue isn't the same as production. Refiners' revenue moves with fuel prices, and much of what Apple and NVIDIA sell is built by contract manufacturers, which is why IndustryWeek, for one, leaves companies that outsource production out of its manufacturer rankings. If you sell plant equipment or services, the employee column and the company's list of plants in its 10-K (Item 2, "Properties") tell you more than revenue does.
How big manufacturers are, by the numbers
The Census Bureau's Statistics of US Businesses counts manufacturing firms by their total US employment, with their plants (establishments) and workers in manufacturing:
| US employees per firm | Firms | Manufacturing establishments | Employees | Share of manufacturing employment |
|---|---|---|---|---|
| 20,000 or more | 153 | 5,595 | 1,987,800 | 16.3% |
| 10,000 to 19,999 | 181 | 3,756 | 923,450 | 7.6% |
| 1,000 to 9,999 | 2,028 | 19,627 | 3,353,550 | 27.5% |
| 500 to 999 | 1,815 | 6,389 | 938,860 | 7.7% |
| Fewer than 500 | 235,088 | 250,133 | 4,984,670 | 40.9% |
| All manufacturing | 239,265 | 285,500 | 12,188,330 | 100% |
Statistics of US Businesses 2022 (released April 2025). The 1,000 to 9,999 and 500 to 999 rows are our sums of the Census size classes in those ranges. Counts cover establishments with paid employees.
The 153 largest manufacturers average about 37 US plants each, with about 355 workers per plant. The middle of the market is bigger than it looks: 2,028 firms with 1,000 to 9,999 employees run 19,627 plants and employ more people than the 334 largest firms combined.
How this list is built
- What's counted: total revenue or net sales for each company's latest fiscal year, as reported in its 10-K, including services and software it sells alongside products.
- Who's counted: US-headquartered, SEC-registered companies whose SIC code, assigned by the SEC from their main business, is between 2000 and 3999. That is why Apple and NVIDIA count and Amazon doesn't. We exclude ConocoPhillips for the reason above.
- What's left out: privately held manufacturers, which don't publish results, and foreign-headquartered companies such as Toyota or Siemens, even where they run US plants. Fortune, Forbes and IndustryWeek publish other rankings; we didn't use them.
Where the buying happens at a large manufacturer
General guidance, informed by the filings.
- Plants. Plant managers, maintenance and reliability leaders, and plant engineering buy equipment, spare parts, maintenance services and automation, often from an approved supplier list. With 37 US plants on average, the largest manufacturers buy plant by plant even when a contract is signed centrally.
- Corporate procurement and sourcing. Direct materials and components are bought by category managers on multi-year contracts, with supplier qualification, quality audits and long payment terms.
- Engineering and R&D. Product engineering buys design software, testing, prototyping and contract engineering. Eli Lilly, for example, says about 12,000 of its roughly 50,000 employees work in research and development.
- Operations technology and IT. Plant networks, industrial cybersecurity and manufacturing software are often owned jointly by IT and operations, so expect two sponsors.
Worked example: an industrial cybersecurity vendor sizes the market
Illustrative example. The vendor and its pricing are fictional; the firm and plant counts come from Statistics of US Businesses 2022.
The seller: Faultline (faultline.example) sells plant-network security monitoring at an illustrative $24,000 per plant per year.
The arithmetic. The 153 largest manufacturers run 5,595 US plants. If every plant bought, that would be $134.3 million a year (5,595 × $24,000). The next tier, 2,028 firms with 1,000 to 9,999 employees, runs 19,627 plants, worth $471.0 million at the same price (19,627 × $24,000). The mid-size tier is the larger market and usually has shorter sales cycles.
The plan.
- Pick one sector, such as pharmaceuticals, where plant security is regulated and the five largest companies are in the table above.
- Find the plants. Most 10-Ks describe principal manufacturing sites under Item 2, Properties. Start with the largest US sites.
- Find two sponsors per company: the head of operations technology or manufacturing IT, and a plant leader willing to run a pilot.
- Then move to the mid-size tier in the same sector, where one plant leader often owns the decision.
Mapping the plants, the operations technology leads and what's changed at each is the slow part. Bebop researches each account in a list like this and writes a playbook for each.
Next step: to find mid-size manufacturers by industry code and state, start with the list of manufacturing companies guide and the NAICS codes for your sector.
Sources
- Apple Inc. Form 10-K for the fiscal year ended September 27, 2025, Apple Inc., via SEC EDGAR, 31 October 2025
- Exxon Mobil Corporation Form 10-K for the fiscal year ended December 31, 2025, Exxon Mobil Corporation, via SEC EDGAR, 18 February 2026
- NVIDIA Corporation Form 10-K for the fiscal year ended January 25, 2026, NVIDIA Corporation, via SEC EDGAR, 25 February 2026
- Chevron Corporation Form 10-K for the fiscal year ended December 31, 2025, Chevron Corporation, via SEC EDGAR, 24 February 2026
- Ford Motor Company Form 10-K for the fiscal year ended December 31, 2025, Ford Motor Company, via SEC EDGAR, 11 February 2026
- General Motors Company Form 10-K for the fiscal year ended December 31, 2025, General Motors Company, via SEC EDGAR, 27 January 2026
- Micron Technology, Inc. Form 10-K for the fiscal year ended September 3, 2026, Micron Technology, Inc., via SEC EDGAR, 9 October 2026
- Marathon Petroleum Corporation Form 10-K for the fiscal year ended December 31, 2025, Marathon Petroleum Corporation, via SEC EDGAR, 26 February 2026
- Phillips 66 Form 10-K for the fiscal year ended December 31, 2025, Phillips 66, via SEC EDGAR, 20 February 2026
- Valero Energy Corporation Form 10-K for the fiscal year ended December 31, 2025, Valero Energy Corporation, via SEC EDGAR, 25 February 2026
- Dell Technologies Inc. Form 10-K for the fiscal year ended January 30, 2026, Dell Technologies Inc., via SEC EDGAR, 16 March 2026
- Tesla, Inc. Form 10-K for the fiscal year ended December 31, 2025, Tesla, Inc., via SEC EDGAR, 29 January 2026
- Johnson & Johnson Form 10-K for the fiscal year ended December 28, 2025, Johnson & Johnson, via SEC EDGAR, 11 February 2026
- PepsiCo, Inc. Form 10-K for the fiscal year ended December 27, 2025, PepsiCo, Inc., via SEC EDGAR, 3 February 2026
- The Boeing Company Form 10-K for the fiscal year ended December 31, 2025, The Boeing Company, via SEC EDGAR, 30 January 2026
- RTX Corporation Form 10-K for the fiscal year ended December 31, 2025, RTX Corporation, via SEC EDGAR, 6 February 2026
- The Procter & Gamble Company Form 10-K for the fiscal year ended June 30, 2026, The Procter & Gamble Company, via SEC EDGAR, 4 August 2026
- Archer-Daniels-Midland Company Form 10-K for the fiscal year ended December 31, 2025, Archer-Daniels-Midland Company, via SEC EDGAR, 17 February 2026
- Lockheed Martin Corporation Form 10-K for the fiscal year ended December 31, 2025, Lockheed Martin Corporation, via SEC EDGAR, 29 January 2026
- Caterpillar Inc. Form 10-K for the fiscal year ended December 31, 2025, Caterpillar Inc., via SEC EDGAR, 13 February 2026
- International Business Machines Corporation Form 10-K for the fiscal year ended December 31, 2025, International Business Machines Corporation, via SEC EDGAR, 24 February 2026
- Eli Lilly and Company Form 10-K for the fiscal year ended December 31, 2025, Eli Lilly and Company, via SEC EDGAR, 12 February 2026
- Merck & Co., Inc. Form 10-K for the fiscal year ended December 31, 2025, Merck & Co., Inc., via SEC EDGAR, 24 February 2026
- Broadcom Inc. Form 10-K for the fiscal year ended November 2, 2025, Broadcom Inc., via SEC EDGAR, 18 December 2025
- Cisco Systems, Inc. Form 10-K for the fiscal year ended July 25, 2026, Cisco Systems, Inc., via SEC EDGAR, 2 September 2026
- Pfizer Inc. Form 10-K for the fiscal year ended December 31, 2025, Pfizer Inc., via SEC EDGAR, 26 February 2026
- AbbVie Inc. Form 10-K for the fiscal year ended December 31, 2025, AbbVie Inc., via SEC EDGAR, 20 February 2026
- HP Inc. Form 10-K for the fiscal year ended October 31, 2025, HP Inc., via SEC EDGAR, 10 December 2025
- Tyson Foods, Inc. Form 10-K for the fiscal year ended September 27, 2025, Tyson Foods, Inc., via SEC EDGAR, 10 November 2025
- Intel Corporation Form 10-K for the fiscal year ended December 27, 2025, Intel Corporation, via SEC EDGAR, 23 January 2026
- ConocoPhillips Form 10-K for the fiscal year ended December 31, 2025, ConocoPhillips, via SEC EDGAR, 17 February 2026
- General Dynamics Corporation Form 10-K for the fiscal year ended December 31, 2025, General Dynamics Corporation, via SEC EDGAR, 30 January 2026
- Statistics of US Businesses 2022: firms, establishments, employment and payroll by larger enterprise employment sizes, US Census Bureau, 10 April 2025
- County Business Patterns 2023: manufacturing subsectors (NAICS 311, 332 and 336), US Census Bureau, 2023 data, accessed 30 October 2026
- The 2023 IW US 500: a radically changed list that asks which top companies really manufacture anything, IndustryWeek, 24 May 2023
Written by the Bebop team at Blackpearl Group. Published .
Questions people ask
What is the largest manufacturing company in the US?
By revenue, Apple, with $416.2 billion for its fiscal year ended September 27, 2025, which the SEC classifies as electronic computers manufacturing. Most of its products are built by contract manufacturers. Among companies that run their own large production operations, Exxon Mobil ($332.2 billion in 2025) and Ford ($187.3 billion, about 169,000 employees) are the largest, according to their 10-K filings.
Which US manufacturer has the most employees?
Among the 30 largest by revenue, PepsiCo reports the most, about 306,000 people worldwide (125,000 in the US), followed by Boeing (about 182,000), RTX (about 180,000), Ford (about 169,000), Apple (about 166,000 full-time equivalents) and General Motors (about 156,000), per their latest 10-Ks. Tyson Foods, with about 133,000, has 116,000 in the US, mostly at plants and other production sites.
How many manufacturing companies are there in the US?
The Census Bureau's Statistics of US Businesses counted 239,265 manufacturing firms with paid employees in 2022, running 285,500 establishments and employing 12,188,330 people. 235,088 of those firms had fewer than 500 employees and employed 40.9% of manufacturing workers. Only 153 firms had 20,000 or more employees; they ran 5,595 US plants.
Is Apple a manufacturing company?
For the SEC, yes: Apple's industry code is 3571, electronic computers, which is in the manufacturing range. In practice, most of its hardware is assembled by contract manufacturers, so some rankings, such as IndustryWeek's, leave it out. NVIDIA (SIC 3674, semiconductors) is a similar case. If you sell plant equipment or services, count companies that run their own plants, which their 10-K lists under properties.
What are the biggest manufacturing industries in the US?
By the revenue of the 30 largest companies, computers, chips and networking ($1.18 trillion across nine companies) and oil refining ($909 billion across five) lead, followed by vehicles ($467 billion across Ford, GM and Tesla). By employment, food manufacturing is the largest subsector: County Business Patterns counted 1.71 million food manufacturing employees in 2023, just ahead of transportation equipment (1.68 million) and fabricated metal products (1.44 million).