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GE, UTC lead Forbes’ CT rankings

Fifteen companies headquartered in Connecticut made the latest list of Forbes ranking of the world’s 2,000 largest publicly traded companies.

The annual rankings released this week are based on a combination of company sales, profits, assets and market value.

Fairfield-based General Electric was ranked as the largest Connecticut company, and third largest publicly traded conglomerate in the world. Forbes listed the company’s market value at $216 billion. GE recorded $150.2 billion in sales and $11.6 billion in profits in 2010.

Hartford-based United Technologies Corp. ranked the 112th largest company worldwide with a market value of $74.8 billion. It brought in $54.3 billion in sales last year and earned $4.4 billion in profits.

The Hartford Financial Services Group, Aetna and Xerox rounded out the five largest Connecticut-based companies on the list ranking 258th, 303rd, and 457th  worldwide with market values of $12.3 billion, $14 billion and $14.6 billion respectively.

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Other Connecticut companies that made the list include Praxair (480); Stanley Black & Decker (983); Priceline.com (1,193); Amphenol (1,384); Frontier Communications (1,423); Pitney Bowes (1,574); People’s United Financial (1,777); Interactive Brokers Group (1,820); and Phoenix Cos. (1,972).

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