With Arizona’s economy humming along, there is no doubt that the most valuable companies in Arizona are becoming more valuable each day.
And they are likely fueling the state already robust economy, which has seen employment rise in nearly every industry. The Arizona Commerce Authority announced that Arizona concluded Fiscal Year 2019 with record-highs in projected new job creation, wages and capital investments. The ACA collaborated with 105 Arizona-based firms last year, which committed to the creation of 24,422 new jobs, accompanied by $2.6 billion in state capital investment.
The most valuable companies in Arizona have undoubtedly helped that growth. Here are the 25 most valuable publicly traded Arizona-based companies, ranked by stock market value as of May 31, 2019:
1. Republic Services Inc.: $27.3 billion
2. Microchip Technology: $20.1 billion
3. Freeport-McMoRan: $15.4 billion
4. GoDaddy: $13.5 billion
5. Pinnacle West Capital Corp. (APS): $10.8 billion
6. Carvana: $10.1 billion
7. Vereit: $8.4 billion
8. On Semiconductor: $8.1 billion
9. Amerco (U-Haul): $7.9 billion
10. Carlisle Companies: $7.8 billion
11. (tie) STORE Capital: $7.7 billion
11. (tie) First Solar: $7.7 billion
13. Cable One: $6.4 billion
14. Healthcare Trust of America: $5.8 billion
15. (tie) Grand Canyon Education: $5.6 billion
15. (tie) Versum Materials: $5.6 billion
17. Knight-Swift Transportation: $5.5 billion
18. (tie) Western Alliance Bancorporation: $4.7 billion
18. (tie) Avnet: $4.7 billion
20. Axon Enterprises: $4 billion
21. Rogers Corp.: $3.2 billion
22. Sprouts Farmers Market : $2.5 billion
23. Verra Mobility Corp.: $2.4 billion
24. Taylor Morrison Home Corp.: $2.3 billion
25. (tie) Meritage Homes Corp.: $2 billion
25. (tie) Insight Enterprises: $2 billion
