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Performance Food Group remains Richmond region's top Fortune 500 company

Performance Food Group stayed No. 80 in Fortune’s latest ranking, reinforcing Goochland’s role as home to a $59.9 billion corporate anchor.

Sarah Chen··2 min read
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Performance Food Group remains Richmond region's top Fortune 500 company
Source: richmondbizsense.com

Performance Food Group’s No. 80 finish in Fortune’s latest ranking kept eastern Goochland on the map as more than a county government hub. With 2025 revenue of $59,898.9 million, about 14,000 associates and 76 locations, the company gives Goochland a corporate presence that reaches far beyond West Creek.

For Goochland, the bigger story is what that stability means locally. West Creek is described by the county as a 3,500-acre, campus-style business park and the principal economic driver for the county, and Performance Food Group is among its major employers alongside Capital One, CarMax and Virginia Farm Bureau. A company of PFG’s size affects jobs, supply-chain activity, local spending and the county’s reputation as a place where major businesses can build and stay.

AI-generated illustration
AI-generated illustration

The latest Fortune rankings also show how much of the Richmond region’s corporate footprint now rests on a smaller group of companies. Richmond has six Fortune 500 firms in the 2026 list, down from seven after Henrico-based ARKO slipped out of the top 500 and fell to No. 557 from No. 488. ARKO reported 2025 revenue of $6.54 billion, down from $7.57 billion the year before. CarMax, Altria Group, Markel Group, Dominion Energy and Accendra Health remained on the list, but PFG stayed the region’s highest-ranked local company.

That matters because Fortune’s 2026 rankings are based on 2025 revenue, and the 500 companies together generated $21.0 trillion in revenue and $2.1 trillion in profits. In that field, PFG’s performance stands out. Fortune lists the company, founded in 1885, at $59,898.9 million in revenue and $340.2 million in profit, with 31% three-year revenue growth. Those numbers help explain why a Goochland headquarters can carry national weight.

The company has also been part of the county’s recent business spotlight. In August 2025, Goochland County and Virginia Secretary of Commerce and Trade Juan Pablo Segura hosted a business roundtable at PFG’s headquarters in eastern Goochland, bringing together major employers from across the area. In November 2025, PFG said it and US Foods ended merger discussions after a prior information-sharing process, underscoring how closely watched the company has become.

For Goochland, PFG’s staying power is more than a ranking. It is a sign that West Creek still gives the county a meaningful stake in the Richmond-region economy, even as the list of local Fortune 500 names gets shorter.

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