F5 Added to the S&P 500
I turned my Blackberry on after landing yesterday to discover that FFIV was added to the S&P 500. That’s a tremendous accolade for F5 and something that we’re very proud of.
More importantly, I think it speaks volumes about our customers who have invested their money and time in our products and the innovation they’ve been able to drive by using them.
CNNMoney.com wrote a piece about our addition today. One of the things I discussed with the editor was how my grandmother gave me a few shares in Eastman Kodak a long time ago. I still have those shares due to sentimental value although my grandmother passed away some time ago. Although it may be a little weird to hang on to them for that reason, I probably will continue to do so.
We did a little homework to see how we stack up on the local front here in Washington state. F5 is the 11th company from Washington to be added to the S&P 500 and based on our market capitalization for today, we’re ranked 7th.
| Ticker symbol | Company | Location of Headquarters | Market Cap (billions) | Rank |
| MSFT | Microsoft Corp. | Redmond, Washington | $ 233.9 | 1 |
| AMZN | Amazon.com Inc | Seattle, Washington | $ 78.8 | 2 |
| COST | Costco Co. | Issaquah, Washington | $ 30.8 | 3 |
| SBUX | Starbucks Corp. | Seattle, Washington | $ 24.2 | 4 |
| PCAR | PACCAR Inc. | Bellevue, Washington | $ 20.7 | 5 |
| EXPD | Expeditors Int'l | Seattle, Washington | $ 11.9 | 6 |
| FFIV | F5 Networks | Seattle, Washington | $ 11.6 | 7 |
| WY | Weyerhaeuser Corp. | Federal Way, Washington | $ 9.5 | 8 |
| JWN | Nordstrom | Seattle, Washington | $ 9.2 | 9 |
| EXPE | Expedia Inc. | Bellevue, Washington | $ 7.8 | 10 |
| PCL | Plum Creek Timber Co. | Seattle, Washington | $ 5.4 | 11 |