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Missouri’s economy is largely based on industries, with aerospace and transportation equipment being the primary industries. Other popular industries in the state include metalworking, chemistry, printing and publishing, food, and electrical appliances. It is the only state in the union with two Federal Reserve Banks, one in St. Louis and the other in Kansas City. Let’s take a look at the top 10 most profitable companies in Missouri.
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10 Most Profitable Companies in Missouri
We used the latest sales figures available to rank the top 10 most profitable Missouri companies. Below are the top 10 most profitable Missouri businesses:
Stifel Financial ($ 448 million)
Founded in 1890, the company offers securities brokerage, investment advice, investment banking, trading and related financial services. Stifel Financial Corp (NYSE: SF) has the following businesses: Global Wealth Management, Institutional Group, and Other. Stocks are up more than 100% last year and nearly 1% last month. Stifel Financial is headquartered in St. Louis and employs over 8,000 people.
Cerner ($ 529 million)
Founded in 1979, the company manufactures, markets, installs, and supports hardware and content solutions for healthcare organizations and consumers. Cerner Corporation (NASDAQ: CERN) also provides value-added services such as health data analysis, transaction processing, and more. The company has the following business areas: domestic and international. Its stocks are up more than 1% in the last year but have fallen more than 4% in the last month. Cerner is headquartered in North Kansas City, Missouri and employs over 27,000 people.
Kansas City South ($ 538 million)
Founded in 1887, it is a transportation holding company focused on expanding the northern or southern freight corridor that connects key commercial and industrial markets in the central United States with Mexico. Kansas City Southern (NYSE: KSU) is also a rail freight operator. Its stocks are up more than 45% last year but have fallen over 7% last year. Kansas City Southern is headquartered in Kansas City, Missouri and employs over 7,000 people.
Evergy ($ 669 million)
It was founded in 2017 and is a holding company that offers electricity through its subsidiaries. Evergy Inc (NYSE: EVRG) is focused on electricity supplier regulation and power transmission project development. Its stocks are up more than 25% in the past year but have fallen more than 7% in the last month. Evergy is headquartered in Kansas City, Missouri and employs over 4,000 people.
Ameren ($ 828 million)
Founded in 1902, it is a public utility holding company engaged in the provision of electricity and natural gas services. Ameren Corp (NYSE: AEE) has the following businesses: Ameren Transmission, Ameren Missouri, Ameren Illinois Natural Gas, Ameren Illinois Electric Distribution, and Others. Its stocks are up more than 6% in the last year but have fallen more than 5% in the last month. Ameren is headquartered in St. Louis and employs over 9,000 people.
Reinsurance Group of America ($ 870 million)
Founded in 1973, it is a holding company offering traditional and non-traditional life and health reinsurance products. The Reinsurance Group of America Inc (NYSE: RGA) has the following business segments: Canada; Europe, Middle East and Africa; USA and Latin America; Asia Pacific; and business and miscellaneous. Its stocks are up more than 13% in the last year and down more than 4% in the last month. Reinsurance Group of America is headquartered in Chesterfield, Missouri and employs over 3,000 people.
Edward Jones ($ 1,092 million)
Founded in 1997, the financial services company has investment clients in the USA and Canada. Edward Jones is primarily focused on individual investors and small business owners. It is a privately held St. Louis company and employs over 48,000 people.
Centene ($ 1,321 million)
Founded in 1984, it is a healthcare company engaged in providing programs and services for government sponsored healthcare programs. Centene Corp (NYSE: CNC) has the following businesses: Managed Care and Specialty Services. Its stocks are up more than 13% in the last year and down nearly 1% in the last month. Centene is headquartered in St. Louis and employs over 56,000 people.
O’Reilly Automotive ($ 1,391 million)
Founded in 1957, the company sells and distributes automotive spare parts, equipment, accessories, tools and consumables. O’Reilly Automotive Inc (NASDAQ: ORLY) serves both home improvement customers and professional installers. Stocks are up more than 36% last year and over 4% last month. O’Reilly Automotive is headquartered in Springfield, Missouri and employs over 67,000 people.
Emerson Electric ($ 2,306 million)
Founded in 1890, it is a technology and engineering company providing solutions to commercial, residential and industrial markets. Emerson Electric Co. (NYSE: EMR) has the following businesses: Air Conditioning Technologies, Tools and Household Products, and Automation Solutions. Its stocks are up more than 46% in the last year and down more than 8% in the last month. Emerson Electric is headquartered in St. Louis and employs over 85,000 people.