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Fortune

Lydia Belanger

What the new Fortune Southeast Asia 500 has in common with the U.S. Fortune 500

Fortune SouthEast Asia

(Credit: Andre Malerba—Bloomberg/Getty Images)

Throughout 70 years of the Fortune 500, which ranks the top U.S. corporations by revenue, and 35 years of publishing the Global 500 list, which surveys companies worldwide, economic shifts have prompted Fortune’s researchers to adjust their methodology only occasionally. The biggest shakeup came in 1995, when service providers joined the rankings for the first time, reflecting a world where banks, retail, telecoms, tech, health care, and other players were assuming dominance.

Over the past year, Fortune has been accounting for changes in the global landscape in a new, more granular way: We’ve expanded our “ultimate business scorecard” to focus more closely on additional geographic regions. In November 2023, Fortune 500 Europe debuted. On that list, the top 10 consisted exclusively of energy- and motor-vehicle-sector companies. And today marks the launch of the newest Fortune 500 ranking: The Fortune Southeast Asia 500.

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