CHIEF EXECUTIVE MAGAZINE HAS RANKED TEXAS AS THE BEST STATE FOR BUSINESS FOR
22 YEARS.
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Texas
Texas
Headquarters
of
Headquarters
Texas is a leader in attracting company headquarters, from the world's largest multinational corporations to single-establishment firms, a pattern confirmed by multiple economic studies.
Headquarters indicates the primary executive location of a company of any size.
Fortune 500 company is one of the 500 largest based on gross total annual revenue.
Single establishment firm is a business operating out of one location.
Between 2015 and 2024, 314 corporate headquarters moved to Texas, according to the Texas Economic Development & Tourism Office.
Headquarters Relocations to Texas, 2015 to 2024
Relocation Data
| Location | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dallas-Fort Worth-Arlington | 8 | 8 | 15 | 13 | 14 | 22 | 30 | 19 | 10 | 15 | 154 |
| Austin-Round Rock-San Marcos | 5 | 6 | 4 | 8 | 12 | 13 | 33 | 6 | 4 | 6 | 97 |
| Houston-Pasadena-The Woodlands | 1 | 5 | 1 | 7 | 2 | 5 | 7 | 10 | 1 | 2 | 41 |
| San Antonio-New Braunfels | 0 | 1 | 0 | 2 | 1 | 2 | 6 | 1 | 0 | 1 | 14 |
| Other | 0 | 0 | 0 | 0 | 1 | 0 | 3 | 2 | 2 | 0 | 8 |
| Total | 14 | 20 | 20 | 30 | 30 | 42 | 79 | 38 | 17 | 24 | 314 |
Impact of relocations for Texas, 2015 to 2024
7,360
new jobs announced
$2.3 Billion
added in gross domestic product
$1.6 billion
added disposable personal income
Top States by Number of HQ Relocations to Texas, 2015-2024
Twelve relocations were Fortune 500 companies.
In 2024 alone, nearly half of the headquarters that moved to a different state chose Texas, according to CBRE Group.
Why Texas
Companies that have moved to Texas cited several key attractions:
- A welcoming business environment and opportunities for growth
- Central location with proximity to suppliers and network
- Talent pool
- Lower cost of living
As of 2025, there were 54 Fortune 500 Companies in Texas, representing a variety of industry sectors.
Count of Fortune 500 Companies in Texas by Sector and Metropolitan Area
| Fortune Industry Sector | Headquarters by Metro Area | ||||
|---|---|---|---|---|---|
| Houston- Pasadena- The Woodlands |
Dallas- Fort Worth- Arlington |
Austin- Round Rock- San Marcos |
San Antonio New Braunfels |
Midland | |
| Business Services |  |
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| Chemicals | |
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| Energy |
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| Engineering and Construction | |
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| Financials | |
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| Health Care | | ||||
| Hotels, Restaurants and Leisure | | ||||
| Household Products | | ||||
| Industrials | | ||||
| Materials | | ||||
| Motor Vehicles & Parts |  | ||||
| Retailing | |
| |||
| Technology |  |
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| Telecommunications | | ||||
| Transportation | | ||||
| Wholesalers | | ||||
Each dot (
) is one company.
Momentum That Invites Investment
Texas’ expanding headquarters presence reflects its strong business climate, diversified economy, growing population and skilled workforce. Together, these strengths position Texas to remain a national leader in corporate headquarters growth.
Sources: CBRE Group; Chief Executive magazine; Fortune magazine; REMI; Texas Comptroller of Public Accounts; Texas Economic Development & Tourism Office
KELLY HANCOCK ACTING TEXAS COMPTROLLER OF PUBLIC ACCOUNTS
Questions?
If you have any questions or concerns regarding the material on this page, please contact the Comptroller’s Data Analysis and Transparency Division.