Special Report

America's Biggest Companies That Didn't Exist 10 Years Ago

Source: Vistra Energy Corp.

7. Vistra Energy
> Founding date: Oct. 2016
> Latest annual revenue: $9.1 billion
> Industry: Power

Vistra Energy is a power generation company based in Irving, Texas. The company was formed in October 2016, when TCEH Corp. came out of Chapter 11 bankruptcy as an independent company and rebranded as Vistra Energy the following month. Through brands like TXU Energy, Dynegy, and Luminant, Vistra Energy operates across 20 states. The company is expanding rapidly, reporting an increase in revenue from $5.4 billion in 2017 to $9.1 billion in 2018.

6. News Corp
> Founding date: June 2013
> Latest annual revenue: $10.1 billion
> Industry: Media

News Corp, or News Corporation, is a diversified media and information services company that became a fully independent company on June 28, 2013, when News Corporation split from 21st Century Fox. A number of some of the most recognizable global media brands fall under the News Corp umbrella, including Dow Jones, The Wall Street Journal, and HarperCollins Publishers.

The original News Corp was founded in 1979 by billionaire media mogul Rupert Murdoch, who decided to split the company off from 21st Century Fox in 2013. While Murdoch is still the company’s executive chairman, News Corp’s CEO is Australian journalist Robert Thompson.

Source: Arconic

5. Arconic
> Founding date: Nov. 2016
> Latest annual revenue: $14.0 billion
> Industry: Industrial machinery

Arconic was formed on Nov. 1, 2016, when Alcoa Inc. split into two new public companies — Alcoa Corp. and Arconic. Arconic was formed to focus on materials and engineered products for a range of industries, including aerospace and automotive. The company has beat earnings estimates in each of the last four quarters and reported $14.0 billion in revenue in 2018, up from $13.0 billion in 2017.

Source: Synchrony Financial

4. Synchrony Financial
> Founding date: Nov. 2015
> Latest annual revenue: $18.0 billion
> Industry: Financial services

Synchrony Financial is a Connecticut-based financial services company. The company provides consumer and commercial clients, including companies such as e-commerce giant Amazon and hardware and home-improvement retailer Lowe’s, with credit products. As of the end of 2018, the company had $93.1 billion in loan receivables.

Synchrony was initially a part of international conglomerate General Electric for over 80 years. However, in an effort to reduce its financial services operations, GE separated its consumer finance business over the course of about two years to create the standalone company Synchrony Financial in November 2015.

3. Mondelez International
> Founding date: Oct. 2012
> Latest annual revenue: $25.9 billion
> Industry: Processed foods

Mondelēz International was formed on Oct. 1, 2012, as a spinoff from Kraft Foods. Mondelez was structured to focus on the high growth international snacks and confections segment of Kraft Foods, while the remainder company — Kraft Foods Group, which later merged with Heinz in 2015 — was to focus on grocery products for the North American market. Today, Mondelēz’s product line includes brands like Cadbury, Chips Ahoy!, Honey Maid, Oreo, Ritz, Trident, and Wheat Thins. Mondelēz reported $25.9 billion in revenue in 2018, the 116th highest of any U.S. public company.