O’Reilly Automotive slips on Fortune 500 for first time

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O’Reilly Auto continues Fortune 500 climb

O’Reilly Automotive Inc. (Nasdaq: ORLY) slipped on the annual Fortune 500 for the first time since making the list in 2010.

The Springfield-based auto parts retailer ranked 329th on this year’s list, down from No. 323 in 2017. O’Reilly Automotive had climbed on the list in all but 2012, when its ranking was flat, according to Springfield Business Journal reporting.

Ranked based on revenue, Fortune also publishes the companies’ profits, market value, employee counts, assets and stockholder equity.

O’Reilly Automotive’s figures in 2017 were:
    •    $9 billion in revenue, a 4.5 percent increase;
    •    $1.1 billion in profits, a 9.3 percent jump;
    •    a $20.6 billion market value as of March 29;
    •    60,365 employees;
    •    $7.6 billion in assets; and
    •    $653 million in stockholder equity.

O’Reilly Automotive placed sixth among Missouri companies on the 2018 Fortune 500. Express Scripts Holding Co. (Nasdaq: ESRX) was first in the state with $100 billion in revenue.

No other southwest Missouri firms made the coveted Fortune 500, though Carthage-based manufacturer Leggett & Platt Inc. (NYSE: LEG) ranked 609th with $3.9 billion in revenue. Leggett & Platt’s rank improved from No. 613 in 2017.

On the overall list, Walmart Inc. (NYSE: WMT) placed first for the sixth straight year with 2017 revenue of $500.3 billion. Walmart was followed by Exxon Mobil Corp. (NYSE: XOM), at $244.4 billion, and Berkshire Hathaway Inc. (NYSE: BRK.A), at $242 billion.