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.

In 2024, the**************************************o posted the highest revenue of any company in the world before taxes, with an income of over *** billion U.S. dollars. ************************************************** 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.

Between 2019 and 2023, oil and gas explorers and producers logged the highest total revenue worldwide, reaching *** trillion U.S. dollars. Life and health insurance carriers followed behind.

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.

The most profitable company in the Nordic countries as of October 2022 was the Danish branch of the Japanese pharmaceutical company Takeda Pharma, with a profit of roughly 11.4 billion euros. The second highest ranked company was the Danish engineering company Weibel Scientific A/S, generating a profit of 9.8 billion euros. E-Boks A/S, who provides digital mailboxes, was the third most profitable company in the Nordic countries. The four most profitable companies were all Danish.

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 ***** trillion Vietnamese dong (VND), followed by the real estate sector with a profit of ***** trillion VND and the food and beverages sector with ***** trillion VND. The oil sector ranked last with an after tax profit of **** trillion VND.

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.

This statistic presents the most profitable companies in Brazil in 2017, based on annual net profit. That year, the mining company Vale ranked first with a net profit of over **** billion U.S. dollars, followed by the beverage manufacturer Ambev with more than *** billion dollars of net profit.

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.

Gazprom was the most profitable company in Russia in 2021, with its net income after expenses measured at nearly *** trillion Russian rubles in 2021. Other energy companies among the most profitable ones were Rosneft, Lukoil, Surgutneftegas, Novatek, and Yamal LNG.

In 2023, the profits of the wholesale trade industry amounted to around 290.5 billion U.S. dollars. Corporate profits are defined as the net income of corporations in the National Income and Product Accounts (NIPA). Total corporate profits amounted to 3.37 trillion U.S. dollars in Q1 of 2024.

The foundation A.P. Møller og Hustru Chastine Mc-Kinney Møllers Fond Til Almene Formaal made the highest net profit among all companies in Denmark, reaching nearly 6.9 billion euros in 2022. The insurance company Scandi Co 3 A/S followed behind. A company's net profit as determining value When comparing the profitability of companies, the term net profit often appears. It plays an important role in financial statement analysis as it represents the profit of a company after all costs have been deducted from its revenue. In this context, terms like net earnings or net income can also be used. When a net profit is negative, a company generates a net loss.

As of January 2023, the hotel/gaming industry had a net profit margin of *** percent in the United States. The Internet Software industry had a net profit margin of ****** percent.

In the fiscal year 2023, the total corporate ordinary profit of the transportation equipment industry in Japan amounted to approximately **** trillion Japanese yen, representing the highest value among all industries in the manufacturing sector. In the same year, the incorporated enterprises in the chemical and allied products industry generated an ordinary profit of almost *** trillion yen.

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 the aerospace and defense manufacturing industry, Lockheed Martin was by far the most profitable company in the world, with an operating profit of around *** billion U.S. dollars. It was followed by Airbus and Northrop Grumman.

McDonald's Deutschland was the leading system catering company in Germany in 2020, followed by Burger King Deutschland and Autobahn Tank & Rast. This statistic shows a ranking of the leading system catering companies in Germany in 2020, by revenue.

Southern Mining and Processing Plant, specializing in production of iron ore concentrate and sinter, ranked first among private companies by profit in Ukraine in 2020, at over 18 billion Ukrainian hryvnia. Ferrexpo and Metinvest followed with about 17 billion and 13 billion Ukrainian hryvnia, respectively.

This statistic features the most profitable transportation catering companies in Germany from 2017 to 2018, by revenue. In 2018, LSG had a revenue of *** million euros, whereas in 2017 it amounted to *** million euros.

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 ************ barrels per day. ExxonMobil was the largest non-state-owned oil producer, at *********** barrels per day in 2023.