1. Banner Health, Industry: Health care, Arizona employees: 45,837
    2. Walmart, Industry: Retail stores, Arizona employees: 36,995
    3. Amazon.comInc., Industry: Online retailer, Arizona employees: 32,000
    4. Kroger, Industry: Grocery stores (Fry’s), Arizona employees: 20,323
    5. Wells Fargo, Industry: Financial services, Arizona employees: 16,302
    6. Raytheon Co., Industry: Aerospace and defense, Arizona employees: 14,700
    7. Albertsons, Industry: Grocery stores, Arizona employees: 14,500
    8. Dignity Health, Industry: Health care, Arizona employees: 14,400
    9. HonorHealth, Industry: Health care, Arizona employees: 13,004
    10. The Home Depot, Industry: Home-improvement retailer, Arizona employees: 13,000
    11. CVS Health, Industry: Retail pharmacies, Arizona employees: 12,800
    12. Intel, Industry: Microprocessors and technology services, Arizona employees: 12,000
    13. McDonald’s, Industry: Fast-food restaurants, Arizona employees: 11,500
    14. Target Corp., Industry: Retail stores, Arizona employees: 9,700
    15. JP Morgan Chase & Co., Industry: Banking and financial services, Arizona employees: 9,100
    16. Bank of America, Industry: Banking and financial services, Arizona employees: 9,070
    17. Grand Canyon University, Industry: Higher education, Arizona employees: 9,069
    18. Mayo Clinic, Industry: Health care, Arizona employees: 8,600
    19. Freeport-McMoRan Inc., Industry: Copper and gold mining, Arizona employees: 8,504
    20. Bashas’ Supermarkets, Industry: Grocery stores, Arizona employees: 8,261
    21. Honeywell, International Inc., Industry: Aerospace and industrial products. Arizona employees: 8,042
    22. American Airlines Group, Industry: Airline, Arizona employees: 7,500
    23. Circle K, Industry: Convenience stores, Arizona employees: 7,500
    24. Tenet Healthcare, Industry: Healthcare, Arizona employees: 7,470
    25. American Express, Industry: Financial services, Arizona employees: 7,402