The stock market has been in overdrive, with the S&P 500 SPX, -2.37% and the Dow Jones Industrial Average DJIA, -1.92% hitting record after record in 2017. But even as valuations surge and stocks trade at all-time highs, things rarely change at the top.

2016’s map of the largest company in each state by market cap from Broadview Networks looks much like the 2015 edition. Apple Inc. AAPL, -4.19% is still the big cheese in California, and ExxonMobil Corp. XOM, -3.20% is king in Texas, while J.P. Morgan Chase & Co. JPM, -1.62% reigns supreme in New York.

There are a few notable changes, though.

Ford Motor Co. F, -2.06% relinquished its title to Dow Chemical Co. DOW, -2.21% in Michigan, and Kraft Heinz Co. KHC, -1.57% booted McDonald’s Corp. MCD, -0.66% from its perch in Illinois. There were also changings of the guard in Alabama, Mississippi, South Dakota and West Virginia.

This is what the graphic looked like in 2015:

Overall, the 2016 map looks a lot like the 2015 version, with a few exceptions. With President Donald Trump largely expected to espouse pro-growth policies via increased spending and large-scale infrastructure projects, it will be interesting to see what the map looks like at the end of 2017.

A previous version of the map for 2016 provided by Broadview Networks contained incorrect information for Colorado and Wisconsin. The report has been updated with a corrected map.