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20 Companies Fled California for Texas in Past Decade
Major corporations continue exodus from West Coast to Lone Star State
Mar. 23, 2026 at 1:23am
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A new report found that over the past 10 years, 20 major companies, including 8 Fortune 500 firms, have moved their headquarters or significant operations from California to cities across Texas like Dallas and Houston, continuing a trend of businesses fleeing the high costs and regulations of the West Coast for the more business-friendly climate of the Lone Star State.
Why it matters
The mass exodus of companies from California to Texas has been a major economic and political story, with implications for jobs, tax revenue, and the overall business climate in both states. This trend reflects broader shifts in where companies choose to locate and expand, with Texas becoming an increasingly attractive destination.
The details
The report found that the companies that have moved from California to Texas in the past decade span a range of industries, including technology, finance, energy, and manufacturing. Factors cited for the moves include lower costs of living and doing business, more favorable tax policies, and a perceived better regulatory environment in Texas compared to California.
- Over the past 10 years (2016-2026)
- The report was published on March 23, 2026
The players
California
The West Coast state that has seen a significant number of companies depart for Texas in recent years.
Texas
The Lone Star State that has attracted many companies leaving California, touting its business-friendly climate.
The takeaway
The continued exodus of major corporations from California to Texas underscores the high stakes competition between states to attract and retain businesses. This trend has significant implications for jobs, tax revenue, and the overall economic landscape in both states.
