Edwards Lifesciences returns to the top spot among OC-based public companies
Orange County’s largest publicly traded companies are collectively worth more than they were a year ago, with the county’s 41 biggest public firms reaching a combined market value of about $226 billion.
That represents a 12% increase from the prior year, according to the Orange County Business Journal, which measured company values as of Sept. 21.
Edwards Back at No. 1
Irvine-based Edwards Lifesciences returned to the top position among Orange County public companies with a market capitalization of approximately $51 billion, also up 12%.
Newport Beach-based Chipotle Mexican Grill ranked second at about $42 billion. The county’s public-company landscape also added three new local initial public offerings, according to OCBJ.
The gains provide a snapshot of the size and diversity of Orange County’s corporate economy, which includes medical technology, restaurants, semiconductors, financial services and other industries.
