What The 25 Top U.S. Companies Pay In Taxes

No. 21: Kroger

• Sales: $77 billion
• Pretax income: $1.7 billion (excluding $1.1 billion goodwill impairment charge)
• Income taxes: $530 million
• Tax rate: 35.8%

Domestic-only retailers like Kroger have some of the highest tax rates among big companies because they have no lower-taxed overseas income to bring rates down.

No. 22: Amerisource Bergen

• Sales: $72 billion
• Pretax income: $824 million
• Income taxes: $312 million
• Tax rate: 38%

No. 23: Costco

• Sales: $71 billion
• Pretax income: $1.7 billion
• Income taxes: $630 million
• Tax rate: 36.7%

Of the companies in this list, Costco can be proud of having the most straightforward (and refreshing) financial statements.

No. 24: Boeing

• Sales: $68 billion
• Pretax income: $1.7 billion
• Income taxes: $400 million
• Tax rate: 23%

Boeing’s lower tax rate is mostly the result of big research and development tax credits.

No. 25: Valero

• Sales: $68 billion
• Pretax income: (-$450 million)
• Income taxes: (-$100 million)
• Tax rate: N/A

A gasoline glut means no profits or taxes for Valero.

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