As of January 2024, the most profitable industry in the United States was money center banking, with a profit margin of 30.89 percent. The profit margin of the regional banking was not too far off, with a net profit margin of 29.67.
Between 2019 and 2023, oil and gas explorers and producers logged the highest total revenue worldwide, reaching 5.3 trillion U.S. dollars. Life and health insurance carriers followed behind.
In 2024, the Saudi Arabian oil company Saudi Aramco posted the highest revenue of any company in the world before taxes, with an income of over 208 billion U.S. dollars. Apple, Alphabet, Berkshire Hathaway, and Microsoft rounded out the top five spots in the ranking of most profitable companies. What is net income? Net income, or net profit, which differs slightly from pre-tax income, is the figure that gives the most complete overview of a company’s profitability: It is calculated as the revenue of a company less all operating expenses, debt payments, interest paid, income from subsidiary holdings, taxes, etc. Different industries have different net profit margins. The Apple doesn’t fall far In terms of market value, Microsoft was the largest company in the world in 2024, with Apple following in second. Since the beginning of the new millennium, Apple has reported ever rising amounts of worldwide revenue, with iPhone sales leading the charge.
The Danish company Jobindex A/S was the most profitable company in the information service industry in the Nordic countries as of February 2022, with a net profit of roughly 24.6 million euros. The second highest ranked company was the Swedish company Zimpler AB, generating a net revenue of almost 20 million euros.
The statistic shows the most profitable sectors in Vietnam in 2018. In that year, the banking sector ranked first with an after tax profit of 68.01 trillion Vietnamese dong (VND), followed by the real estate sector with a profit of 43.33 trillion VND and the food and beverages sector with 33.17 trillion VND. The oil sector ranked last with an after tax profit of 4.74 trillion VND.
As of January 2023, the hotel/gaming industry had a net profit margin of 1.1 percent in the United States. The Internet Software industry had a net profit margin of -19.07 percent.
In the aerospace and defense manufacturing industry, Lockheed Martin was by far the most profitable company in the world, with an operating profit of around 9.1 billion U.S. dollars. It was followed by Airbus and Northrop Grumman.
As of January 2023, the Norwegian Norwegian branch of the Exxonmobil Exploration And Production was the most profitable company in Norway with a over 42 billion Norwegian kroner in profit. ExxonMobil is a multinational energy company with headquarters in Texas in the United States. The Norwegian bank DNB ASA was the second most profitable company in Norway in 2023, followed by the telecommunication company Telenor ASA.
This statistic shows the most profitable industrial property markets in the United States in the second quarter of 2017, by change of effective revenue per square foot. The effective revenue per square foot in Fort Lauderdale, FL increased by six percent in the second quarter of 2017 compared to the same period in 2016.
Exxon Mobil was the leading oil and gas producing company worldwide by net income as of 12-month rolling data from June 2024. Many oil supermajors are among the most profitable oil and gas companies after rebounding from losses caused by the COVID-19 pandemic. Big Oil companies like ExxonMobil, BP, and Shell recorded historic net losses in 2020, some for the first time ever, as the coronavirus pandemic and its effect on fuel demand made it difficult for many within the industry to turn a profit - particularly companies not majority-owned by the state. Oil and gas industry The oil and gas industry is one of the largest industries worldwide. This sector is involved in exploration, extraction, refining, transport, and marketing of petroleum commodities. Many industries rely heavily on oil and gas products as fuels and feedstocks. It is no wonder then that oil and gas companies are regularly among the most profitable companies worldwide.
State-owned enterprises are largest producers State-owned businesses are among the largest within the oil and gas industry. Saudi Arabia's Saudi Aramco is by far the leading oil company worldwide based on daily oil production, at over 11.5 million barrels per day. ExxonMobil was the largest non-state-owned oil producer, at 2.4 million barrels per day in 2023.
In 2022, the industry with the highest revenue in Germany was the production of cars and car parts at 509 billion euros. Engineering had the second-highest revenue.
In 2020, American Airlines was the second most profitable airline group, generating revenue of only 17.34 billion U.S. dollars. American Airlines is an American airline with headquarters in Fort Worth, Texas. The most difficult year for the airline industry As one of the largest airline group in the world, American Airlines reported only 13.5 billion U.S. dollars from its passenger travel segment and one billion U.S. dollars from its loyalty travel segment in 2020. Because of the coronavirus pandemic, the U.S. airline saw only 95.3 million passengers boarding their aircraft, marking one of the worst years in the airline's history. Broken down regionally, the domestic market brought in the most passenger revenue since international travel was restricted. The U.S. aviation industry was also affected Due to its geographic size, the United States has a massive air transportation network. With at least one airport in every major city, air transportation occurs continuously. As a result of the coronavirus pandemic, the U.S. airline industry generated only 130.85 billion U.S. dollars in revenue 2020. Because of travel restrictions, the major air carriers in the country boarded only 347.9 million passengers in that year.
With a market capitalization of 3.12 trillion U.S. dollars as of May 2024, Microsoft was the world’s largest company that year. Rounding out the top five were some of the world’s most recognizable brands: Apple, NVIDIA, Google’s parent company Alphabet, and Amazon. Saudi Aramco led the ranking of the world's most profitable companies in 2023, with a pre-tax income of nearly 250 billion U.S. dollars. How are market value and market capitalization determined? Market value and market capitalization are two terms frequently used – and confused - when discussing the profitability and viability of companies. Strictly speaking, market capitalization (or market cap) is the worth of a company based on the total value of all their shares; an important metric when determining the comparative value of companies for trading opportunities. Accordingly, many stock exchanges such as the New York or London Stock Exchange release market capitalization data on their listed companies. On the other hand, market value technically refers to what a company is worth in a much broader context. It is determined by multiple factors, including profitability, corporate debt, and the market environment as a whole. In this sense it aims to estimate the overall value of a company, with share price only being one element. Market value is therefore useful for determining whether a company’s shares are over- or undervalued, and in arriving at a price if the company is to be sold. Such valuations are generally made on a case-by-case basis though, and not regularly reported. For this reason, market capitalization is often reported as market value. What are the top companies in the world? The answer to this question depends on the metric used. Although the largest company by market capitalization, Microsoft's global revenue did not manage to crack the top 20 companies. Rather, American multinational retailer Walmart was ranked as the largest company in the world by revenue. Walmart also had the highest number of employees in the world.
In 2024, digital video game sales in the United Kingdom reached nearly 4.3 billion British pounds, marking a one percent decline from the previous year. While the sector remains a major contributor to the digital market, digital video outpaced all formats, generating around 4.8 billion in the same year.
In 2023, the investment and holding company Investor AB was the most profitable company in Sweden with a net profit of over 11 billion euros. The car manufacturer Volvo AB ranked second, generating a profit of six billion euros. The industrial manufacturer Atlas Copco AB had the third highest net profit in Sweden.
E-boks A/S was the most profitable company in the information service industry in Denmark as of December 2022. The company generated over 50.6 billion Danish kroner in net profit. Carlsberg Global Business Services A/S ranked second with a net profit of nearly 128 million Danish kroner.
In 2023, the manufacturing industry added 107 billion chained 2017 U.S. dollars of value to the gross domestic product of Illinois. The most lucrative industry in Illinois was the finance, insurance, real estate, rental, and leasing industry which contributed a value of 185.39 billion chained 2017 U.S. dollars of value to the state's GDP in 2023.
The accident insurance sector was the most profitable Spanish non-life insurance segment in between 2019 and 2022, calculated as the ratio between the technical-financial result and the volume of net earned premiums. Industrial all-risk insurance was ranked to be the least profitable.
This statistic shows a ranking of the top-selling German tour operators by number of participants from Germany, Austria and Switzerland in the 2016/17 and 2017/18 tourism years. At around 7.3 million, TUI Germany and Thomas Cook had the most participants in the last tourism year.
With a net profit of 247 million Swedish kronor, Pinnacle Sweden AS was the most profitable company in the information service industry in Sweden as of December 2022. Nordic Capital AB ranked second with a net profit of roughly 133 million Swedish kronor.
As of January 2024, the most profitable industry in the United States was money center banking, with a profit margin of 30.89 percent. The profit margin of the regional banking was not too far off, with a net profit margin of 29.67.