EY Fortune 500 Ranking
Ernst & Young is not ranked in the Fortune 500. EY should be ranked in the Fortune 500 in 2017.
All of the big 4 public accounting firms should be ranked in the Fortune 500 because they make billions of dollars. All of the large public accounting firms earn more than $20 billion dollars of revenue per year. For comparison sakes, the 500th company on the Fortune 500 list only makes about $5 billion in revenue per year. First on the list is Walmart with well over $400 billion in revenues for their last fiscal year.
That means that the smallest big 4 firm makes 4 times what they make.
EY is a large private company in the United States, so they should be on the list. There is really nothing preventing them from being on the list other than that they aren’t public companies.
As of their last global financial report, EY earned 2016 revenues of $29.6 billion internationally.
That shows that the largest accounting firms in the world deserve to be on this list.
Mondelez made $29.64 billion in revenue for their latest fiscal year. Exelon earned about $29.44 billion in revenue, so we could say that EY would be above Exelon.
Since EY would replace Exelon in this ranking that means that EY would earn a ranking of 95 on the Fortune 500.