Key facts
- Texas now has 57 Fortune 500 company headquarters, surpassing California's 56.
- California previously held the lead in the Fortune 500 ranking.
Texas has surpassed California in the number of Fortune 500 company headquarters for the first time. This year's ranking shows 57 top companies are based in Texas, while California hosts 56. This represents a reversal from two years ago, when California held the leading position.