In this article we are going to list the 5 biggest Massachusetts companies and stocks. For a detailed coverage of this topic and a more comprehensive list please take a look at the 25 Biggest Massachusetts Companies and Stocks.
5. Liberty Mutual Insurance Group
Total revenue (in billions): $48.2
Market cap as at 15th Jan 2023 (in billions): N/A
Liberty Mutual Insurance Group is one of the biggest property and casualty insurers in the country and among the biggest Massachusetts companies and stocks.
4. Thermo Fisher Scientific Inc. (NYSE:TMO)
Total revenue (in billions): $39.2
Market cap as at 15th Jan 2023 (in billions): $229.0
One of the most valuable healthcare companies in the world by market cap, Thermo Fisher Scientific Inc. (NYSE:TMO). Thermo Fisher Scientific Inc. (NYSE:TMO) has grown through both organic and inorganic means with the latter including major acquisitions of Life Technologies Corporation, Alfa Aesar and PPD among others. The share price of Thermo Fisher Scientific Inc. (NYSE:TMO) decreased by 1% in the last year.
3. The TJX Companies, Inc. (NYSE:TJX)
Total revenue (in billions): $48.6
Market cap as at 15th Jan 2023 (in billions): $94.2
The TJX Companies, Inc. (NYSE:TJX) is a departmental store corporation which operates TJ Maxx in the United States and TK Maxx in Europe and Australia along with several other store brands. Currently, The TJX Companies, Inc. (NYSE:TJX) operates more than 4,500 across all its brand stores globally. A strong 2022 has allowed The TJX Companies, Inc. (NYSE:TJX) to increase its market cap by 18.3%.
2. General Electric Company (NYSE:GE)
Total revenue (in billions): $74.2
Market cap as at 15th Jan 2023 (in billions): $87.6
General Electric Company (NYSE:GE) is a major conglomerate which used to be among the most profitable companies in the world but then severely underperformed the market in the last decade which led a great fall in its profitability. In the last year, General Electric Company (NYSE:GE) has maintained its share price.
1. Raytheon Technologies Corporation (NYSE:RTX)
Total revenue (in billions): $64.4
Market cap as at 15th Jan 2023 (in billions): $145.1
Topping the list of the 25 biggest Massachusetts companies and stocks is Raytheon Technologies Corporation (NYSE:RTX). Raytheon Technologies Corporation (NYSE:RTX) is one of the largest defense companies in the world. Most defense stocks have risen in the past year because of Russia’s invasion of Ukraine and Raytheon Technologies Corporation (NYSE:RTX) increased by 8.7% in the same period.
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