5 Biggest Companies Headquartered in Connecticut by Revenue (2021)


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.

Cigna revenue pi chart showing pharmacy revenues as making up almost 70% of all revenues.
Official Company NameCigna Corporation
State of IncorporationDelaware
Address of Principal Executive Offices900 Cottage Grove Road
Bloomfield, CT 06002
2021 Annual Report10-K
Investor Relations WebsiteInvestor 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 serviced areas map

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 NameCharter Communications, Inc.
State of IncorporationDelaware
Address of Principal Executive Offices400 Washington Blvd.
Stamford, CT 06902
2021 Annual Report10-K
Investor Relations WebsiteInvestor 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 NameTHE HARTFORD FINANCIAL SERVICES GROUP, INC.
State of IncorporationDelaware
Address of Principal Executive OfficesOne Hartford Plaza
Hartford, CT 06155
2021 Annual Report10-K
Investor Relations WebsiteInvestor 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 NameSYNCHRONY FINANCIAL
State of IncorporationDelaware
Address of Principal Executive Offices777 Long Ridge Road
Stamford, CT 06902
2021 Annual Report10-K
Investor Relations WebsiteInvestor 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 NameSTANLEY BLACK & DECKER, INC.
State of IncorporationConnecticut
Address of Principal Executive Offices1000 Stanley Drive
New Britain, CT 06053
2021 Annual Report10-K
Investor Relations WebsiteInvestor Relations

Ricky Nave

In college, Ricky studied physics & math, won a prestigious research competition hosted by Oak Ridge National Laboratory, started several small businesses including an energy chewing gum business and a computer repair business, and graduated with a thesis in algebraic topology. After graduating, Ricky attended grad school at Duke University in the mathematics PhD program where he worked on quantum algorithms & non-Euclidean geometry models for flexible proteins. He also worked in cybersecurity at Los Alamos during this time before eventually dropping out of grad school to join a startup working on formal semantic modeling for legal documents. Finally, he left that startup to start his own in the finance & crypto space. Now, he helps entrepreneurs pay less capital gains tax.

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