Explore Morris County NJ's top spots, events, activities, hidden gems and more!

Friday, 6 November 2026

Explore Morris County NJ's top spots, events, activities, hidden gems and more!

Friday, 6 November 2026
Home Community Parsippany Is Home to 3 Fortune 500 Companies in 2026, the Most of Any Town in New Jersey
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Parsippany Is Home to 3 Fortune 500 Companies in 2026, the Most of Any Town in New Jersey

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Modern corporate office buildings with landscaped trees, illustrating Parsippany's Fortune 500 headquarters
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Parsippany-Troy Hills is home to three companies on the 2026 Fortune 500, Fortune’s annual ranking of the largest U.S. companies by revenue: PBF Energy at No. 154, Avis Budget Group at No. 380 and Zoetis at No. 434. That is more Fortune 500 headquarters than any other town in New Jersey.

The New Jersey Business and Industry Association counted 15 New Jersey-based companies on the 2026 list. Parsippany accounts for three of them, Newark for two (Prudential Financial and PSEG), and no other town in the state has more than one.

PBF Energy, No. 154

PBF Energy, a petroleum refiner, is headquartered at 1 Sylvan Way in Parsippany, according to its SEC filings. Fortune’s company profile lists $29.3 billion in revenue and 3,678 employees, making it the largest Morris County company on the list.

Avis Budget Group, No. 380

Avis Budget Group, the parent of the Avis and Budget car rental brands, is headquartered at 379 Interpace Parkway in Parsippany, per its SEC filings. Fortune lists $11.7 billion in revenue and 21,000 employees, the largest workforce of the three.

Zoetis, No. 434

Zoetis, the animal health company that makes medicines and vaccines for pets and livestock, is headquartered at 10 Sylvan Way in Parsippany, per its SEC filings. Fortune lists $9.5 billion in revenue and 14,500 employees. Zoetis moved up one spot from No. 435 on the 2025 list.

Why Parsippany

Two of the three companies, PBF Energy and Zoetis, share the same street, Sylvan Way. Together the three Parsippany companies report about $50.5 billion in combined revenue, according to Fortune’s figures.

How the three moved from 2025

All three companies were also on the 2025 Fortune 500. PBF Energy was No. 135 last year and Avis Budget Group was No. 360, according to Fortune’s company pages, while Zoetis edged up from No. 435 to No. 434. Together the three Parsippany headquarters report 39,178 employees worldwide in Fortune’s data.

Zoetis picked up a second Fortune honor this year as well. It is No. 93 on Fortune’s 2026 100 Best Companies to Work For in Europe, according to its Fortune profile.

Fortune has published the Fortune 500 every year since 1955, and 2026 marks the list’s 72nd year. The ranking is based on total revenue for each company’s most recent fiscal year.

For more on the township behind the headquarters, read our local’s guide to Parsippany.

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Shop Morris County -

The Shop Morris County editorial team covers events, restaurants, things to do and local news across all 39 Morris County towns. We are locals, and every date, address, price and set of hours we publish is checked against the organizer, the business or the town itself. Read our editorial standards at shopmorriscounty.com/editorial-standards/ or send a tip to info@shopmorriscounty.com.

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