THE MOST PROFITABLE COMPANIES

August 5th at 5:02am Published by firstdownadmin

As an example of how economic power is shifting from the U.S. to other countries, U.S.-based companies represent only 4 of the top 10 by profits, and just 2 of the top 10 by revenues. Profit leaders include Apple Inc. (AAPL) in 2nd place, JPMorgan Chase & Co. (JPM) in 6th, Alphabet Inc. (GOOGL) in 7th, and Bank of America Corp. (BAC) in 9th. Apple has nearly twice the annual profits of JPMorgan Chase ($59.5 billion vs. $32.4 billion), but only about half that of Saudi Aramco ($111.0 billion).

The World’s 10 Most Profitable Companies

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