Dallas, October 6, 2025
News Summary
The business environment in the Dallas-Fort Worth area showed stability in 2024, with the largest companies continuing strong revenue generation. However, market dynamics shifted with mergers, acquisitions, and increased artificial intelligence integration. McKesson Corp. topped the list of revenue generators, while notable companies like Six Flags Entertainment climbed ranks due to strategic mergers. Meanwhile, certain sectors, like home building, faced slowdowns. With North Texas attracting investors, companies are gearing up for acquisitions in the coming year, setting the stage for continued evolution amid stability.
Dallas
Dallas-Fort Worth business landscape stays consistent amid subtle shifts in 2025
Key takeaway: The Dallas-Fort Worth area’s business world remained largely consistent in 2024, with the region’s largest companies continuing to generate strong revenues, while sector-specific shifts, mergers and expanding use of artificial intelligence shaped activity going into 2025.
Most critical details
The annual ranking of the 150 largest publicly traded companies in D-FW reflects a revenue generation of over $1.1 trillion in 2024, a 3.8% increase from the previous year. McKesson Corp. retains its position as the highest-grossing company in the region with $359 billion in revenue, followed by AT&T ($122 billion) and Energy Transfer ($82 billion).
Notable ranking changes included Six Flags Entertainment climbed 15 spots to No. 45 following its merger with Cedar Fair in an $8 billion deal. In contrast, Texas Instruments dropped four spots to No. 18 after experiencing a revenue decrease of $1.9 billion, and GameStop fell eight spots to No. 34 with a revenue decrease of $1.4 billion, reflecting ongoing challenges in the video game retail distribution sector.
Supporting developments
Companies in the region are increasingly integrating artificial intelligence (AI) in their operations, utilizing both predictive and generative AI technologies. In many firms, generative AI is enhancing customer experiences and improving product development speed for many businesses. One major airline indicated it will use AI to enhance customer-facing services while excluding AI from pricing strategies; specifically, American Airlines CEO stated the company would use AI to enhance customer experience but would not apply it to pricing strategies.
Deal activity and consolidation have also shaped the market. The telecommunications market saw notable acquisitions, including Verizon’s acquisition of Frontier Communications and Prysmian Group’s acquisition of Encore Wire Corp. In freight and logistics, TFI International acquired Addison-based Daseke, with several corporations announcing their acquisition processes or completions throughout the fiscal year.
Regional attractiveness continued to draw investors and businesses. North Texas continues to attract businesses due to its growth and wealth of financial investors, with many companies preparing for acquisitions in 2025. However, some sectors signaled a slowdown: the home building industry showed signs of slowing down after a strong start, with expected sales decreases and challenges due to rising mortgage rates and reduced demand.
Transportation and travel
Airline service expansion underscored the region’s growing connectivity. EVA Air launching a new nonstop flight service between Taipei and Dallas-Fort Worth on October 3, 2025. The new route is planned with capacity and frequency in mind: EVA Air’s new Taipei-Dallas route will initially operate three times a week and plans to increase to daily flights by December 2025. The service will use Boeing 787-9 Dreamliners and is aimed at serving both business and leisure travelers.
What this means for the region
The overall picture is one of sustained scale combined with targeted change. Large healthcare, real estate and energy companies remain dominant in revenue generation, but mergers, acquisitions and technology adoption are reshaping priorities and competitive positions. Companies that recorded revenue declines face strategic pressure, while firms adopting AI and pursuing consolidation aim to accelerate growth and efficiency. Investors and business leaders are preparing for continued deal activity through 2025, even as some consumer-driven sectors respond to tighter financing conditions.
FAQ
What was the total revenue generated by the 150 largest publicly traded companies in D-FW in 2024?
The annual ranking of the 150 largest publicly traded companies in D-FW reflects a revenue generation of over $1.1 trillion in 2024, a 3.8% increase from the previous year.
Which companies were the highest-grossing in the region?
McKesson Corp. retains its position as the highest-grossing company in the region with $359 billion in revenue, followed by AT&T ($122 billion) and Energy Transfer ($82 billion).
What major corporate moves affected rankings?
Six Flags Entertainment climbed 15 spots to No. 45 following its merger with Cedar Fair in an $8 billion deal.
Were there notable revenue declines?
Texas Instruments dropped four spots to No. 18 after experiencing a revenue decrease of $1.9 billion.
How did GameStop perform?
GameStop fell eight spots to No. 34 with a revenue decrease of $1.4 billion.
How are companies using AI in the region?
Companies in the region are increasingly integrating artificial intelligence (AI) in their operations, utilizing both predictive and generative AI technologies.
Is generative AI having an impact?
Generative AI is enhancing customer experiences and improving product development speed for many businesses.
How is American Airlines approaching AI?
American Airlines CEO stated the company would use AI to enhance customer experience but would not apply it to pricing strategies.
What acquisitions occurred in telecommunications and related industries?
The telecommunications market saw notable acquisitions, including Verizon’s acquisition of Frontier Communications and Prysmian Group’s acquisition of Encore Wire Corp.
What logistics acquisition is noted?
TFI International acquired Addison-based Daseke, with several corporations announcing their acquisition processes or completions throughout the fiscal year.
Is North Texas attracting businesses?
North Texas continues to attract businesses due to its growth and wealth of financial investors, with many companies preparing for acquisitions in 2025.
What is the state of home building?
The home building industry showed signs of slowing down after a strong start, with expected sales decreases and challenges due to rising mortgage rates and reduced demand.
What new international air service was announced?
EVA Air launching a new nonstop flight service between Taipei and Dallas-Fort Worth on October 3, 2025.
What is the planned frequency for the EVA Air route?
EVA Air’s new Taipei-Dallas route will initially operate three times a week and plans to increase to daily flights by December 2025.
| Feature | Detail |
|---|---|
| Total revenue (2024) | Over $1.1 trillion (3.8% increase from previous year) |
| Top company | McKesson Corp. — $359 billion |
| Second and third | AT&T — $122 billion; Energy Transfer — $82 billion |
| Major ranking gains | Six Flags Entertainment climbed 15 spots to No. 45 after an $8 billion merger |
| Notable declines | Texas Instruments: revenue down $1.9 billion; GameStop: revenue down $1.4 billion |
| AI adoption | Increasing use of predictive and generative AI; generative AI improving customer experience and product development speed |
| Major acquisitions | Verizon/Frontier, Prysmian/Encore Wire, TFI International/Daseke |
| Air service update | EVA Air nonstop Taipei–Dallas-Fort Worth service beginning October 3, 2025; initial thrice-weekly frequency rising to daily by December 2025 |
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Additional Resources
- NBC DFW: NBC 5 Through The Years
- WFAA: Aerolane Tests Sky Train Technology
- D Magazine: DFW Industry Leaders
- The Points Guy: EVA Air Nonstop Service
- Fox 4 News: DFW Business Owners Tango Blast
- Wikipedia: Dallas
- Google Search: Dallas Fort Worth business landscape
- Encyclopedia Britannica: Dallas
- Google News: Dallas Fort Worth business news
- Google Scholar: Dallas Fort Worth economy
Author: STAFF HERE DALLAS WRITER
DALLAS STAFF WRITER The DALLAS STAFF WRITER represents the experienced team at HEREDallas.com, your go-to source for actionable local news and information in Dallas, Dallas County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the State Fair of Texas, Deep Ellum Arts Festival, and Dallas International Film Festival. Our coverage extends to key organizations like the Dallas Regional Chamber and United Way of Metropolitan Dallas, plus leading businesses in telecommunications, aviation, and semiconductors that power the local economy such as AT&T, Southwest Airlines, and Texas Instruments. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
