Austin, TX

Three Austin area companies featured in Fortune 500 after impressive showing across Texas

Published

2 years ago

June 24, 2024

Three Austin area companies featured in Fortune 500 after impressive showing across Texas

As Austin continues to rise to prominence on the national stage, so too does its presence on lists like Forbes’ Fortune 500.

The last decade has seen the city’s tech environment continue to flourish, garnering the nickname “Silicon Valley of the South.” As a result, Austin now is home to three tech companies in the Fortune 500.

Here are the three Austin-Area companies that featured on the list of revenue giants, plus a look at how other Texas metros performed on the 2024 edition of the Fortune 500.

Austin-Area features three tech titans in Fortune 500

Austin icon Dell Technologies, now headquartered in Round Rock, slotted in at 48 on the Fortune 500. In the last year, Dell posted a revenue of $88 billion.

Perhaps the most notable Austin HQ’d company, Tesla, was also the highest-ranked company on the Fortune 500. The most valuable car company in the world produced a revenue of $96.7 billion in 2023, this is an 18.8% increase from the prior year.

Lastly, computer software company, Oracle, placed 89th on the list after generating a revenue of $49.9 billion in 2023 — $7 more than the company earned in 2022. The Austin transplant, which moved to the city in 2020, has posted record number in almost every year since moving to Texas’ capital.

While Oracle is currently located in Austin, it announced in April that it plans to move its headquarters to Nashville.

Texas metros boast a strong showing in Fortune 500

This year Texas was dethroned as the top state on the list. The Lone Star state’s West Coast rival, California, was featured 57 times in the 2024 edition of the Fortune 500. This is the first time since 2014 that the Golden State has topped the list, according to Fortune. Texas and New York tie for second, both with 52 companies.

Houston was a stand-out city for Texas as it featured the third most Fortune 500 companies on the list, with 21 entries, led by oil giants like Phillips 66 and ConocoPhillips. San Antonio was featured just twice on the list, but it contributed one of Texas’ highest-ranked companies — Valero Energy.

The Dallas-Fort Worth area was a big winner on the list. Despite multiple years of rocky headlines related to mass flight cancelations, Southwest Airlines found itself in the top 200. In Fort Worth, another airline featured as American Airlines, one of the highest-rated airlines in the country, came in at 86.

The DFW as a whole featured 10 total companies, nine of which Dallas contributed.

Fortune 500: Top 20 Texas companies

Below are the top Texas companies that made the Fortune 500 list and their rank:

7: Exxon Mobil
9: McKesson
26: Phillips 66
29: Valero Energy
32: AT&T
40: Tesla
48: Dell Technologies
51: Energy Transfer
54: Sysco
59: Caterpillar
68: ConocoPhillips
86: American Airlines Group
89: Oracle
90: Enterprise Products Partners
92: Plains GP Holdings
103: USAA
120: D.R. Hortom
137: HF Sinclair
138: CBRE Group
147: Hewlett Packard Enterprise

Beck Andrew Salgado covers trending topics in the Austin business ecosystem for the American-Statesman. To share additional tips or insights with Salgado, email Bsalgado@gannett.com.

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Austin, TX

Texas Plans Second Execution of the Year

Published

28 minutes ago

March 5, 2026

Press Room

Texas Plans Second Execution of the Year

Cedric Ricks spoke in his own defense at his 2013 murder trial, something most defendants accused of a terrible crime do not do. Ricks confessed that he had killed his girlfriend, Roxann Sanchez, and her 8-year-old son. He admitted he was aggressive and had trouble controlling his anger, stating that he was “sorry about everything.” […]

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Austin, TX

Will the rest of Austin allergies seasons be as bad as cedar this year?

Published

13 hours ago

March 4, 2026

Press Room

Will the rest of Austin allergies seasons be as bad as cedar this year?

Austin had a particularly itchy and drippy cedar fever season to start the year. Many winter days, from late December into February, had high or very high ashe juniper (aka cedar) pollen counts.

Central Texas has a year-round allergy season with mold popping up at any time. For the more traditional spring and fall allergy seasons, forecasters at AccuWeather are predicting some of the allergens across the country will be worse this year than average.

Texas, though, is a different story.

For grass allergies, which happen now through September, AccuWeather estimates Austin will have an average season. However, just west of the Interstate 35 corridor in the Hill Country to almost El Paso, that season is expected to be worse than normal.

“Texas may experience above-average grass pollen for a few weeks,” AccuWeather’s allergy report said, “though the season could be shorter-lived compared to northern areas.”

It all depends on the weather

How much rain we get in the next six months and the perennial Texas heat will all affect the growing season for grasses and weeds, as well as the amount of pollen trees produce. The Farmers’ Almanac and the Old Farmers Almanac are both predicting a wetter and warmer spring.

Rain helps plants grow, which can increase pollen production over time. However, rainfall during allergy season can also bring temporary relief by washing pollen out of the air. That’s what we’re expecting this weekend, with our first meaningful rain chance in nearly three weeks. Tree and weed pollen levels might briefly drop, but mold could spike because it thrives in damp, humid weather.

If spring continues with excessive heat like we saw in February, it could limit the growth of some plants and trees. Extreme heat can reduce how much they grow, and how much pollen they produce. On the other hand, if we get a healthy balance of rain and only slightly above-normal temperatures — not extreme heat — pollen counts could climb. That’s especially true as we head into April, typically our windiest month of the year, which helps spread pollen more easily.

How can you treat allergies in Austin?

If you are feeling the effects of allergies, here are some things you can do to lessen them:

Start taking allergy medication at least two weeks before your allergen’s season is supposed to start. Keep taking your allergy medication throughout your allergen’s season, even on low-pollen days.
Vary your allergy medication. You can take a nasal spray, an eye drop and an oral antihistamine at the same time to treat the different symptoms. If one kind of allergy medication isn’t working, consult your doctor about whether you should add a second one or switch out the medication.
Take a shower before going to bed.
Take off outside clothes or shoes when you get into the house.
Do a daily nasal wash such as a neti pot or saline spray.
Consider seeing an allergist to get drops or shots to lessen your reaction to the allergen.

Consider these household tips to improve your chances of keeping allergens away:

Change the filters in your house regularly during cedar fever season.
Vacuum and sweep regularly.
Change your sheets, especially your pillow regularly.
Keep doors and windows closed.
Clean out the vents in your home.
Have your home tested for indoor allergens such as mold.
Wash and brush the animals in your house to lessen the amount of allergens in the air.
Wear a mask outside or inside while you are trying to lessen the pollen or mold indoors.

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Austin, TX

Texas Primary: Breakdown of Texas races

Published

1 day ago

March 4, 2026

Press Room

Democrats tried to stop a mid-decade redistricting effort, but were unsuccessful. Now, we are starting to see some of the candidates emerging in those newly drawn districts. FOX 7 Austin’s Rudy Koski gives a full breakdown.

Posted March 3, 2026 10:32pm CST

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