Georgia’s highest-grossing companies

Georgia’s highest-grossing companies

Georgia’s economy is diverse, with industries ranging from agriculture to technology and tourism, yet some of its highest-grossing companies stem from traditional sectors such as energy, banking, and manufacturing. Here are some of the top companies in Georgia by revenue, demonstrating the state’s economic strengths and growth.

1. The Coca-Cola Company

One of the world’s most iconic brands, The Coca-Cola Company was founded in Atlanta in 1886 and remains headquartered there today. As a multinational beverage giant, Coca-Cola offers over 500 brands worldwide, including Coke, Sprite, and Fanta, as well as expanding into health drinks and bottled water. Its market dominance and global presence make it one of Georgia’s highest-grossing companies. The company consistently records annual revenues in the tens of billions, though much of its revenue is generated internationally.

2. Delta Air Lines

Delta Air Lines, based in Atlanta, is one of the largest airlines in the world by revenue, fleet size, and number of passengers served. As a member of the SkyTeam alliance, Delta provides services to more than 300 destinations across 50 countries. With Atlanta’s Hartsfield-Jackson International Airport serving as its primary hub, Delta has extensive domestic and international reach. The airline industry faced significant challenges during the pandemic, but Delta’s revenue has been rebounding as travel demand returns. Its revenue regularly tops tens of billions annually, placing it among Georgia’s top earners.

3. Southern Company

Southern Company, headquartered in Atlanta, is a leading energy provider in the southeastern United States. The utility company generates, transmits, and distributes electricity through its subsidiaries, serving millions of customers. It operates through electric and natural gas subsidiaries, as well as renewable energy projects, including solar, wind, and hydroelectric power. Southern Company is one of the largest utility companies in the U.S., with annual revenues of around $20 billion. Its focus on sustainable and renewable energy is also helping to position it as a leader in green energy initiatives.

4. Aflac Incorporated

Aflac, short for American Family Life Assurance Company, is a major insurance provider specializing in supplemental insurance. Founded in Columbus, Georgia, in 1955, Aflac has grown into one of the most prominent providers of health and life insurance, especially known for its cancer and accident insurance policies. Aflac operates in both the U.S. and Japan, with Japan representing a significant portion of its revenue. The company’s success and high revenue are driven by its specialization and unique market approach, making it a major contributor to Georgia’s economy.

5. Home Depot

Founded in Atlanta in 1978, Home Depot has grown into the world’s largest home improvement retailer. Known for its vast selection of building materials, home appliances, and garden products, Home Depot operates over 2,000 stores across North America. With the surge in home improvement projects, especially during the pandemic, Home Depot saw significant revenue growth, contributing to its status as one of Georgia’s highest-grossing companies. Its revenue often surpasses $100 billion annually, reflecting both its market dominance and consistent customer demand.

6. UPS (United Parcel Service)

Although UPS is technically headquartered in Sandy Springs, Georgia, it has a substantial presence in Atlanta and ranks as one of the largest logistics and delivery companies in the world. The company operates a massive network of delivery and transportation services, including ground, air, and ocean freight. With the continued expansion of e-commerce, UPS’s services have become even more essential, contributing to consistent revenue growth. UPS regularly reports annual revenues in the tens of billions, benefiting both Georgia’s economy and the global logistics sector.

7. Genuine Parts Company

Genuine Parts Company, also based in Atlanta, is a Fortune 500 business known for its automotive and industrial parts distribution. Its flagship brand, NAPA Auto Parts, serves both individual customers and automotive repair professionals across North America, Australia, and New Zealand. Genuine Parts also has an industrial parts segment, which supplies parts and services for industrial equipment. Its revenue is typically in the range of $20 billion annually, driven by a steady demand for auto and industrial parts.

8. WestRock

WestRock, headquartered in Atlanta, is a global packaging company specializing in sustainable and corrugated packaging. The company’s clients come from various sectors, including e-commerce, healthcare, food, and beverage. WestRock’s focus on sustainability and innovative packaging solutions has allowed it to grow significantly, placing it among the top companies in Georgia by revenue. Annual revenue for WestRock often exceeds $18 billion, bolstered by the global need for packaging andlogistics solutions.

9. Mohawk Industries

Located in Calhoun, Georgia, Mohawk Industries is one of the world’s largest flooring manufacturers, producing carpet, rugs, laminate, wood, and tile flooring products. Serving both residential and commercial markets, Mohawk has a substantial global presence, with operations in North America, Europe, and Asia. Its revenue comes from a combination of high-end and budget-friendly flooring options, making it a strong player in the global market and one of Georgia’s largest manufacturing companies by revenue.

Conclusion

Georgia’s highest-grossing companies demonstrate the state’s diverse economy, from global giants like Coca-Cola and Delta to manufacturing and retail leaders like Home Depot and Mohawk Industries. These companies not only contribute significantly to Georgia’s economy but also play key roles in the global market, spanning industries from energy and retail to logistics and insurance. Through innovation and market reach, Georgia’s top companies continue to thrive and contribute to both local and international economic growth.