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By Ben Taylor
The Most Successful Companies Founded Since 1944
We calculated the market cap and official founding year for more than 10,000 companies. These are the most successful companies founded each year since 1944.
So it is that companies like Anthem, VISA, Microsoft and Facebook are the extreme exceptions, businesses that not only beat the odds, but went on to become household names, creating thousands of jobs and redefining their industries.
We went back to 1944 to find the most successful company founded that year. In order to define success, we ranked more than 10,000 companies traded on U.S. exchanges by recent market capitalization. A company's market cap is essentially its total net worth: the number of shares outstanding multiplied by the share price.
Determining the exact founding year for some companies can be difficult, given the frequency of spinoffs, mergers and acquisitions. For this reason, we turned to Field-Ritter, which carefully tracks the history of every business with an IPO from 1975 through the present day. For example, Field-Ritter defaults to the oldest founding year among two merging companies, even if the name of the original company changes.
Most of today's big companies -- even those founded in the 1940s & 1950s -- went public in this modern timeframe, but it's worth mentioning that our dataset might miss a few businesses that IPO'd in the mid 20th century.
Every company on this list is a big success story. Each grew from nothing, maintained a strong market position and created an enduring brand that thrives to this day.
Ticker Symbol: ANTM
This Indiana-based insurance company's origins began with Mutual Hospital Insurance and Mututal Medical Insurance, formed in the mid-1940s. Decades later, the company has expanded to become a major insurer across 14 states.
Hibbett Sports Inc.
Ticker Symbol: HIBB
Hibbett Sports began as a modest shop in Birmingham, Alabama. Today, it operates in 32 states, most prominently in Alabama, Texas and Georgia as of 2015.
The Estée Lauder Companies Inc.
Ticker Symbol: EL
This familiar makeup, perfume and hair products brand is headquartered in Manhattan and splashed across department stores throughout America. The company owns dozens of cosmetic brands, including Tommy Hilfiger, Clinique and Aveda.
Ticker Symbol: CPA
This Latin American company began as the national airline of Panama. By 2014, the company had expanded its fleet to 98 airplanes.
Dick's Sporting Goods Inc.
Ticker Symbol: DKS
Once a simple Pennsylvania sporting goods store, Dick's Sporting Goods is now just about everywhere, operating in 47 states as of early 2016.
Grand Canyon Education Inc.
Ticker Symbol: LOPE
Grand Canyon Education owns for-profit Grand Canyon University, a private Christian university founded in 1949. The parent company purchased the institution in 2004 and moved the school to a for-profit model.
Dunkin' Brands Group Inc.
Ticker Symbol: DNKN
The company started as a small donut restaurant named "Open Kettle," but became Dunkin' Donuts just two years later. Today, the popular donut shop brand also owns the ice cream chain Baskin-Robbins.
Barrett Business Services Inc.
Ticker Symbol: BBSI
This agency finds employees to fill business needs, whether through temporary staffing, contracts or other sourcing.
Ticker Symbol: ZTS
Zoetis is the largest provider of medicine and vaccines for pets and livestock.
Ticker Symbol: RIG
Started by Southern National Gas Corporation (later, Sonat) in 1952, the company began as an Alabama-based offshore drilling outfit. It was added to the S&P 500 in 2013.
William Lyon Homes Inc.
Ticker Symbol: WLH
William Lyon Homes has been planning and building homes for more than 60 years. The company currently offers services across six states.
Universal Forest Products Inc.
Ticker Symbol: UFPI
The company manufactures and sells wood products, from consumer lumber to home-building to commercial construction.
The TJX Companies Inc.
Ticker Symbol: TJX
Over the years, TJX has come to own classic American brands in apparel and homegoods, ranging from T.J.Maxx to HomeGoods to Marshalls.
O'Reilly Automotive Inc.
Ticker Symbol: ORLY
What began as a single, modest auto parts store in Springfield, Missouri, has expanded to a massive retail chain with more than 4,500 locations across the U.S.
Ticker Symbol: V
VISA can trace its roots back to Bank of America's 1958 BankAmericard program. It expanded internationally in 1974. Today, it serves more than 200 countries.
Ticker Symbol: IHS
The business started as Rogers Publishing Company, which would index product catalogs on microfilm to save space and resources. Today, the company provides data and analysis for decision making in technical industries like defense, aerospace, energy and more.
Domino's Pizza Inc.
Ticker Symbol: DPZ
Two brothers borrowed $900 (after a $500 down payment) to buy their first pizza store. Today, it operates more than 12,000 stores worldwide.
J.B. Hunt Transport Services Inc.
Ticker Symbol: JBHT
Founder J.B. Hunt founded his trucking company with just five trucks and seven trailers. Today, it's the nation's largest public trucking company.
Ticker Symbol: PLT
In its early history, Plantronics developed specialized headsets for airline professionals and call center employees. More recently, the company has expanded to all sorts of audio equipment, including gaming and Bluetooth.
Regency Centers Corporation
Ticker Symbol: REG
This real estate investment trust mostly focuses on space for shopping centers and office buildings.
Spirit Airlines Inc.
Ticker Symbol: SAVE
Spirit Airlines began as Clipper Trucking Company in 1964, but transitioned to an airline over the next several decades. Today, it is a low-cost airline with service to 52 destinations.
Dolby Laboratories Inc.
Ticker Symbol: DLB
Dolby Laboratories began in 1965. Founder Ray Dolby wanted to develop noise reduction technologies. Today, the company has grown to nearly 2,000 employees and produces audio products and services across the industry.
Ticker Symbol: MA
MasterCard began when a group of California banks created the Interbank Card Association. Today, the company processes transactions for more than 150 currencies.
Ticker Symbol: FAST
Fastenal began as a small-town fastener shop. Today, the industrial supply company operates nearly 2,700 stores across 50 states and more than 20 countries.
HCA Holdings Inc.
Ticker Symbol: HCA
HCA had modest beginnings, with just one hospital (Park View) in the early days. By 2014, the company was operating 168 hospitals and 113 surgery centers.
The Gap Inc.
Ticker Symbol: GPS
The Gap began in San Francisco in 1969, but has expanded to other famous brands since. The company purchased Banana Republic in 1983 and launched Old Navy in 1994. To this day, the iconic "1969" founding date appears on several items of Gap clothing.
Ticker Symbol: VNTV
The payment processing and technology provider was the second-largest merchant payment processor in the United States in 2015.
Ticker Symbol: FDX
What started as Federal Express Corporation in Little Rock, Arkansas, has expanded to a massive shipping and delivery company. Scientist and web cartoonist Randall Munroe estimates that FedEx's bandwidth (AKA capability to transfer large amounts of data) is still greater than that of the entire internet.
Ticker Symbol: CCL
Carnival Corporation started as the Carnival Cruise Line, but has gone on to become the single largest cruise ship operator in the world. Some estimate Carnival owns a slight majority of the market (52 percent).
CBOE Holdings Inc.
Ticker Symbol: CBOE
Established by the Chicago Board of Trade, CBOE has grown to become the largest U.S. options exchange.
Tech Data Corporation
Ticker Symbol: TECD
This IT products and services company started by selling processing supplies for mainframe computers, but has continued to adapt to the advance of technology, including modern-day cloud service solutions.
Ticker Symbol: MSFT
Founded by Bill Gates and Paul Allen, the modest tech geek outfit grew to become the dominant face of consumer and enterprise computing in the 1990s, and remains one of tech's biggest players to this day.
St. Jude Medical Inc.
Ticker Symbol: STJ
St. Jude Medical began by producing artificial heart valves, but has grown into a leading medical device company with customers across the globe.
Ticker Symbol: AAPL
Begun by Steve Wozniak (computer programmer) and Steve Jobs (businessman, geek, visionary), Apple sparked at least two revolutions, first in computing (ex: the Apple II), and later, in mobile technology (ex: the iPhone).
Factset Research Systems Inc.
Ticker Symbol: FDS
The data and analysis company set out to help people understand financial information better. Today, the company serves more than 60,000 users.
Boston Scientific Corporation
Ticker Symbol: BSX
The medical device company wanted to develop less-invasive medicine for patients. Today, the company says it treats 40 patients per minute with Boston Scientific products.
Ticker Symbol: AMGN
Originally Applied Molecular Genetics, AMGen now provides medicine and other biopharmaceutical solutions to more than 75 countries.
Linear Technology Corporation
Ticker Symbol: LLTC
Linear Technology Corporation manufactures integrated circuits for use in technology products in a dozen industries, from automative to medical, consumer to military.
Ticker Symbol: CEO
CNOOC is the largest producer of offshore crude oil and natural gas in China.
Costco Wholesale Corporation
Ticker Symbol: COST
Costco began under the name Price Club in a converted airplane hangar in San Diego, although the first official Costco opened in Seattle in 1983. In 2015, it became the second-largest retailer in the world behind Walmart.
Cisco Systems Inc.
Ticker Symbol: CSCO
Started by a husband-wife pair at Stanford University, Cisco (which got its name from San Francisco) is now a massive networking solutions company with more than 71,500 employees.
Ticker Symbol: SBUX
Starbucks' modest origins began in 1971, when two teachers and a writer founded the coffeehouse in Seattle. It wasn't until the enterprising Howard Schultz bought the chain over a decade later that Starbucks' modern history started. Today, the coffee shop boasts more than 20,000 locations worldwide, making it the biggest coffee chain in the world.
Ticker Symbol: CELG
This drug manufacturer produces therapies for cancer. In 2013, Forbes named it the No. 2 drug company for financial performance and medical output.
Gilead Sciences Inc.
Ticker Symbol: GILD
Founded by 29-year-old Michael L. Riordan, Gilead Sciences has grown into a major biopharmaceutical company, selling drugs like Viread and soon, Descovy.
Ticker Symbol: BLK
A late-'80s investment management firm, BlackRock now manages more money (approximately $4.6 trillion) than any other investment firm in the world.
Ticker Symbol: ACN
What started as a consulting division of accounting firm Arthur Andersen has split off to become the world's biggest consulting firm by revenue.
Ulta Salon, Cosmetics & Fragrance Inc.
Ticker Symbol: ULTA
After opening a single store in 1990, Ulta Beauty has expanded to become the biggest beauty retailer in the United States, with more than 20,000 individual products.
Ticker Symbol: OTEX
Open Text manages information for companies -- often referred to as Enterprise Information Management. Today, the company employs more than 5,000 people.
Alexion Pharmaceuticals Inc.
Ticker Symbol: ALXN
Four years after its inception, Alexion went public. Today, the major pharmaceutical company employs more than 3,000 employees and serves patients in 50 countries.
Ticker Symbol: NVDA
Nvidia started out as a standard chip maker, but has expanded its reach to the gaming, visualization, data and auto industries. Nvidia's GPUs remain a staple in the computing business.
Ticker Symbol: AMZN
Jeff Bezos left a swanky Wall Street job when he saw the potential of the emerging internet and dreamed up "the everything store." Today, Amazon is the world's biggest online retailer.
Ticker Symbol: EBAY
EBay began as a side project and hobby for entrepreneur and tech geek Pierre Omidyar. With the explosion of e-commerce, however, it rapidly grew to become the go-to website for secondary market shopping (i.e. buying used goods from other users).
Ticker Symbol: CHT
In an attempt to privatize various businesses, the Taiwanese government spun off Chunghwa Telecom in 1996. Today, it is the country's largest telecommunications company and it trades on the U.S. stock market.
The Priceline Group Inc.
Ticker Symbol: PCLN
Known early on for their Name Your Own Price service, Priceline has expanded its brand portfolio to include OpenTable and KAYAK, among others.
Alphabet / Google
Ticker Symbol: GOOG
When Stanford students Larry Page and Sergey Brin set out to organize the internet's information, they created Google. It would become the most powerful company on the internet. While the company changed its corporate identity to Alphabet, Google's core, most successful product remains Search.
Ticker Symbol: BABA
Essentially the Chinese version of Amazon, Alibaba actually delivers more packages per year than Amazon, although Amazon still wins on straight-up revenue.
Ticker Symbol: BIDU
Sometimes considered the Chinese Google, Baidu offers a variety of services, though its Chinese-language search portal is the most popular.
ITC Holdings Corporation
Ticker Symbol: ITC
ITC Holdings provides electricity services to much of the Midwest, with coverage across more than a dozen states.
Antero Resources Corporation
Ticker Symbol: AR
Antero Resources is an oil and natural gas company that operates in the Appalachian Basin. The company targets unconventional oil and liquids-rich natural gas properties.
Tesla Motors Inc.
Ticker Symbol: TSLA
Martin Eberhard and Marc Tarpenning founded Tesla to develop and commercialize electric vehicles. Soon joined by Elon Musk, the company has ridden a string of successes to car industry awards and blockbuster product releases. The recently introduced Model 3 secured nearly 300,000 reservations in the days following its announcement.
Ticker Symbol: FB
Started by Mark Zuckerberg in his Harvard dorm room, the Facebook social network now has more than 1 billion daily active users.
Ticker Symbol: WDAY
An idea that started at a Truckee, California diner wound up producing HR and finance software used by more than 700 customers worldwide.
Ticker Symbol: NXPI
NXP's origins lie in integrated circuits under the company name "Signetics." Since then, the company has chanced its name to NXP Semiconductors, and has expanded to cover connected cars, cyber security, wearables, the Internet of Things and more.
Zayo Group Holdings Inc.
Ticker Symbol: ZAYO
Zayo provides infrastructure services for data centers, wireless carriers, government agencies and more. Today, they provide 7.7 million miles of fiber and 53 data centers across North America and Europe.
Brixmor Property Group Inc.
Ticker Symbol: BRX
The real estate investment trust serves as a landlord for many locations of popular retail and grocery store brands, including Kroger, Walmart, Target and more.
Ticker Symbol: WB
Weibo is a Chinese-language social media platform with a focus on news, discussion and content sharing.
Tesoro Logistics LP
Ticker Symbol: TLLP
Tesoro owns and operates more than 3,500 miles of pipelines for transporting oil and natural gas, largely west of the Mississippi.
Store Capital Corporation
Ticker Symbol: STOR
Formed by six experienced executives from legal, real estate and accounting backgrounds, Store Capital Corporation is a real estate investment trust (a company that operates primarily income-producing real estate).
Ticker Symbol: MPLX
Formed by Marathon Petroleum Corporation in 2012, MPLX owns nearly 3,000 miles of pipeline across nine states.
Phillips 66 Partners LP
Ticker Symbol: PSXP
Phillips 66 formed this master limited partnership that includes a variety of assets, including oil pipelines and receiving facilities.
Keysight Technologies Inc.
Ticker Symbol: KEYS
What started as Hewlett-Packard and Agilent's test division became an independent company in 2014. The company won a market leadership award from Frost & Sullivan for its industry-leading products, such as oscilloscopes, multimeters and atomic force microscopes.
EQT GP Holdings
Ticker Symbol: EQGP
This Appalachian Basin energy company was created by EQT Corporation. The new limited partnership is focused on acquiring midstream assets for oil and natural gas production.
The Most Successful Companies Founded Since 1944 - Business