This heatmap shows the number of publicly listed companies headquartered in each U.S. state, based on MarketCapWatch data. Darker blues mark states with higher corporate density, lighter blues indicate fewer listings.
- California dominates with 1,242 listed companies — more than the bottom 25 states combined.
- New York (612) and Texas (498) follow, reflecting their finance and energy hubs.
Percentages or per 100k would be nice. Cali and Texas dominating isn’t odd since they also are #1 and #2 in pop.