Company News

Convenience-Store Chains Populate 2024 Fortune 500

6 retailers grab spots on 70th annual ranking; ARKO achieves a three-peat
Arko gpm convenience stores
Photograph courtesy of GPM

While Walmart took the No. 1 spot on the Fortune 500 for the 12th year in a row, with Amazon, Apple, UnitedHealth Group and Berkshire Hathaway rounding out the top five, six major convenience-store retailers made the ranking for 2024, the magazine’s 70th annual edition.

214. Murphy USA, El Dorado, Arkansas (No. 4 on CSP’s 2024 Top 202 ranking)

244. Delek US Holdings, Brentwood, Tennessee (No. 31)

247. Global Partners, Waltham, Massachusetts (No. 21)

274. Casey's General Stores, Ankeny, Iowa (No. 3)

453. ARKO Corp., Richmond, Virginia (No. 6)

454. Par Pacific Holdings, Houston (No. 103)

This year, ARKO—the parent company of convenience-store retailer GP Investments—appears on the Fortune 500 list for its third consecutive year. It ranked at No. 453, moving up seven places from its ranking in 2023 and 45 places from its 2022 debut at No. 498.

“This achievement reflects the hard work and dedication of our entire team, as well as our commitment to strategic growth and operational excellence,” said Arie Kotler, chairman, president and CEO of ARKO Corp. “We are pleased with the growth we have seen, which is a testament to the strength of our business model and our relentless focus on delivering value to our customers, employees, and shareholders. As we expand our footprint and enhance our offerings, we remain dedicated to driving further success and innovation in the convenience store industry.”

Several major oil companies and branded fuel suppliers to retail gas stations also made the 2024 Fortune 500 ranking:

7. ExxonMobil, Houston

15. Chevron, San Ramon, California

24. Marathon Petroleum, Findlay, Ohio

68. ConocoPhillips, Houston

137. HF Sinclair, Dallas

And at No. 84, convenience-store distributor Performance Food Group (No. 2 on CSP’s 2023 Distributor 15 listing), Richmond, Virginia, also made the Fortune 500 ranking for 2024.

Click here to view the full list.

Inclusion on the Fortune 500 is based on total revenue for respective fiscal years. Eligible businesses include U.S.-incorporated private companies that file financial statements with government agencies.

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