These are the 5 largest companies headquartered in Connecticut by 2021 revenue.
#1 Cigna ($174 Billion)
Cigna (NYSE: CI) is a multinational pharmacy, healthcare, and insurance company based in Bloomfield that generated $174.1 billion in revenue and $5.4 billion in shareholder net income.
Official Company Name | Cigna Corporation |
State of Incorporation | Delaware |
Address of Principal Executive Offices | 900 Cottage Grove Road Bloomfield, CT 06002 |
2021 Annual Report | 10-K |
Investor Relations Website | Investor Relations |
#2 Charter Communications ($52 Billion)
Charter Communications (NASDAQ: CHTR) is an internet, cable, and phone service provider that owns the Spectrum brand. Total revenue was $51.7 billion and free cash flow was an impressive $8.7 billion in 2021.
Below is a map of Spectrum’s service areas within the U.S.
Charter Communications has an elaborate corporate structure represented in the diagram below (blame Charter for the poor image quality — this is the resolution they provided in their own investor documents):
Official Company Name | Charter Communications, Inc. |
State of Incorporation | Delaware |
Address of Principal Executive Offices | 400 Washington Blvd. Stamford, CT 06902 |
2021 Annual Report | 10-K |
Investor Relations Website | Investor Relations |
#3 The Hartford Financial Services Group ($22 Billion)
The Hartford (NYSE: HIG) is a holding group for subsidiaries that provide business property insurance, business car insurance, general liability insurance, marine insurance, workers compensation insurance, professional liability insurance, surety bonds, assumed reinsurance, as well as investment products like mutual funds, ETFs, and annuities.
Total revenue was $22.4 billion in 2021.
Official Company Name | THE HARTFORD FINANCIAL SERVICES GROUP, INC. |
State of Incorporation | Delaware |
Address of Principal Executive Offices | One Hartford Plaza Hartford, CT 06155 |
2021 Annual Report | 10-K |
Investor Relations Website | Investor Relations |
#4 Synchrony Financial ($15.8 Billion)
Synchrony (NYSE: SYF) is a company whose investor reports consist almost entirely of phrases like “digitally-enabled product suites”, “omnichannel experiences”, “dynamic financial ecosystem”, and other corporate jargon, but in reality the company just owns a bank that helps retailers, hospitals, and fintech companies to offer their own credit cards and payment plans.
The company generated $15.75 billion in revenue and $4.2 billion in net earnings available to common stockholders in 2021.
Official Company Name | SYNCHRONY FINANCIAL |
State of Incorporation | Delaware |
Address of Principal Executive Offices | 777 Long Ridge Road Stamford, CT 06902 |
2021 Annual Report | 10-K |
Investor Relations Website | Investor Relations |
#5 Stanley Black & Decker ($15.6 Billion)
Stanley Black & Decker (NYSE: SWK) is the largest tool manufacturer in the world and owns a portfolio of brands including Craftsman, DeWalt, Stanley, and obviously Black + Decker (as well as many others). Total 2021 revenue was $15.6 billion.
Official Company Name | STANLEY BLACK & DECKER, INC. |
State of Incorporation | Connecticut |
Address of Principal Executive Offices | 1000 Stanley Drive New Britain, CT 06053 |
2021 Annual Report | 10-K |
Investor Relations Website | Investor Relations |