City of innovation

11 Dallas-area companies make Fortune's list of most innovative for 2025

Dallas-based Texas Instruments made the list.

Photo by Ralph Bivins

Eleven Dallas-Fort Worth companies have been named to Fortune’s third annual list of America’s Most Innovative Companies, joining another 14 from the state of Texas.

The group of 300 companies nationwide was rated based on production innovation, process innovation, and innovation culture, according to Fortune. In partnership with Statista, the magazine considered IP portfolios, employee, expert and customer opinions; and many other factors.

While many of the top-rated companies fell into the tech sector, Fortune reports that health care companies made up the largest portion of the 2025 list. Sixty-three honorees fell into the health care category.

Here's which companies headquartered in Dallas-Fort Worth made the list and where they were ranked:

No. 37 — AT&T
No. 59 — Texas Instruments
No. 89 — Charles Schwab
No. 91 — McKesson
No. 113 — Jacobs Solutions
No. 125 — Baylor Scott & White Health
No. 165 — Frontier Communications
No. 210 — CBRE Group
No. 223 — GameStop
No. 251 — American Airlines Group
No. 271 — Caterpillar

Dallas-Fort Worth claimed the largest number of Texas companies on the list. Houston was home to the second-most with eight hailing from the Bayou City. Austin is home to only four of the companies on the list, however, companies from the Capital City ranked higher on average, with Oracle, Tesla and Dell Technologies claiming the top three spots for the state. Beloved Texas grocer H-E-B was the one company to represent San Antonio.

Here's how the other Texas companies fared:

No. 6 — Oracle
No. 11 — Tesla
No. 14 — Dell Technologies
No. 35 — Houston Methodist
No. 52 — SpaceX
No. 54 — ExxonMobil
No. 137 — NRG Energy
No. 158 — Hewlett-Packard Enterprise
No. 169 — BMC Software
No. 175 — Texas Children’s Hospital
No. 201— H-E-B
No. 219 — TTEC Holdings
No. 227 — Sysco
No. 268 — Chevron

California-based tech conglomerate Alphabet Inc. topped the list for the third year in a row, and California companies again represented the majority of companies on the list, according to Fortune. Alphabet, Microsoft, Apple, IBM and Salesforce made up the top five, of which three are headquartered in California.

The 2025 group had a median revenue of $22 billion over the last 12 months, according to Fortune. See the full report here.

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This story originally appeared on our sister site, InnovationMap.

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by the numbers

Remote workers in Dallas earn far more than commuters, data shows

Photo courtesy of Getty Images

Remote workers in Houston earn 40 percent more than their commuting counterparts, according to recent data from the U.S. Census Bureau.

In the Dallas metro area, it pays to work from home.

Data published recently by the U.S. Census Bureau shows remote workers in the Dallas metro area earn nearly 51 percent more than their commuting counterparts. For remote workers in the Dallas area, median earnings stood at $77,000 in 2023, compared with $51,100 for other workers.

Federal data cited by Visual Capitalist indicates 15.6 percent of the Dallas-Fort Worth's labor pool, or nearly 688,000 people, were remote workers in 2023.

In the Houston metro area, the difference in median earnings between remote workers and non-remote workers is also a stark difference. According to Census Bureau data, remote workers there earned $67,500 in 2023 — 40 percent more than the $48,200 for traditional workers.

Why the wide gap in pay? The Census Bureau says remote workers are more likely to be older, more likely to be white and less likely to live below the poverty line. All of these traits contribute to higher income.

Among home-based workers in the country’s five biggest metros, median earnings for remote workers were highest in the New York and Chicago areas (over $80,000) and lowest in the Houston area (under $70,000), according to the Census Bureau.

The five-metro comparison also reveals that DFW had the fourth highest share (4.8 percent) of all workers, both remote and non-remote, living below the federal poverty level.

In a recent Substack post, urban planner Bill Fulton notes that remote workers in major cities typically earn 50 percent to 80 percent more than other workers do. He declares that “remote workers are far more affluent than everybody else. They are, of course, office workers, not blue-collar or service workers, and they tend to be more highly educated.”

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This story originally appeared on our sister site, InnovationMap.

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