Florida is home of Publix, NASCAR, and Royal Caribbean Cruise — but in a map of brands most closely associated with each US state, Florida gets pegged with Hooters. Hmph.
But if you’re interested in knowing what companies actually define the Sunshine State, take a look at Florida Trend’s annual list of the biggest Florida-based companies, released today. The list covers a total of 350 entities, including 150 public companies and 200 private, and offers profiles in 18 select firms.
According to Trend, Florida’s 150 largest public companies increased revenue by 2.5 percent, or $7.1 billion, over the last year. Yet it took revenue of $2.6 million to make this year’s list — $1 million less than the previous year. These 150 public companies reported about 1.3 million employees.
The top five public companies in Florida are World Fuel Services, Miami; Tech Data, Clearwater; Jabil Circuit, St. Petersburg; AutoNation, Fort Lauderdale; and Carnival, Miami.
Comparatively, the list’s 200 biggest private companies increased revenues by 7.5 percent over last year, or $14.1 billion, to total $206.5 billion. It took these companies $88.5 million in revenues to make this year’s list, an increase of $13.6 million from last year. These 200 private companies employ about 269,000 people, which is about 1 million fewer than the 150 public companies. There are 28 new private companies added to the list this year.
The top five private companies in Florida are Sun Capital Partners Inc, Boca Raton; Publix Super Markets, Lakeland; JM Family Enterprises Inc, Deerfield Beach; Southern Wine & Spirits of America, Miami; and HIG Capital Management, Miami.