The technology, energy, and financial sectors dominated the list of the world’s most profitable companies in 2024, led by Saudi Aramco that outperformed Apple, according to a report by Visual Capitalist.
A select group of corporate titans continues to dominate the financial landscape, generating profits that dwarf the GDPs of some nations, based on data from Fortune.
Figures represent corporate profits after tax, extraordinary credits, and non-controlling interests for company fiscal years ended on or before March 31, 2024.
Saudi Aramco was the world’s most profitable company in 2024. The national oil company of Saudi Arabia was also the sixth-largest company in the world by market capitalization and the most valuable non-US company, as of January 2025.
Coming in at second is Apple, fueled by its high-margin services arm and iPhone sales.
Berkshire Hathaway also joined the $1 trillion market cap club this August, among the ranks of tech giants like Apple, Microsoft, and Nvidia.
Top 20 Most Profitable Companies
Rank
Company
Profits ($B)
Sector
1
Saudi Aramco
120.7
Energy
2
Apple
97.0
Technology
3
Berkshire Hathaway
96.2
Financials
4
Alphabet
73.8
Technology
5
Microsoft
72.4
Technology
6
Industrial Commercial Bank of China
51.4
Financials
7
JPMorgan Chase
49.6
Financials
8
China Construction Bank
47.0
Financials
9
Meta Platforms
39.1
Technology
10
Agricultural Bank of China
38.0
Financials
11
Exxon Mobil
36.0
Energy
12
Johnson Johnson
35.2
Health Care
13
Toyota Motor
34.2
Motor Vehicles Parts
14
Bank of China
32.8
Financials
15
Amazon
30.4
Retailing
16
Nvidia
29.8
Technology
17
UBS Group
27.8
Financials
18
Taiwan Semiconductor Manufacturing
27.4
Technology
19
Bank of America
26.5
Financials
20
Petrobras
24.9
Energy
The technology, energy, and financial sectors dominated the list of the world’s most profitable companies in 2024, led by Saudi Aramco that outperformed Apple, according to a report by Visual Capitalist.
A select group of corporate titans continues to dominate the financial landscape, generating profits that dwarf the GDPs of some nations, based on data from Fortune.
Figures represent corporate profits after tax, extraordinary credits, and non-controlling interests for company fiscal years ended on or before March 31, 2024.
Saudi Aramco was the world’s most profitable company in 2024. The national oil company of Saudi Arabia was also the sixth-largest company in the world by market capitalization and the most valuable non-US company, as of January 2025.
Coming in at second is Apple, fueled by its high-margin services arm and iPhone sales.
Berkshire Hathaway also joined the $1 trillion market cap club this August, among the ranks of tech giants like Apple, Microsoft, and Nvidia.
Top 20 Most Profitable Companies
Rank
Company
Profits ($B)
Sector
1
Saudi Aramco
120.7
Energy
2
Apple
97.0
Technology
3
Berkshire Hathaway
96.2
Financials
4
Alphabet
73.8
Technology
5
Microsoft
72.4
Technology
6
Industrial Commercial Bank of China
51.4
Financials
7
JPMorgan Chase
49.6
Financials
8
China Construction Bank
47.0
Financials
9
Meta Platforms
39.1
Technology
10
Agricultural Bank of China
38.0
Financials
11
Exxon Mobil
36.0
Energy
12
Johnson Johnson
35.2
Health Care
13
Toyota Motor
34.2
Motor Vehicles Parts
14
Bank of China
32.8
Financials
15
Amazon
30.4
Retailing
16
Nvidia
29.8
Technology
17
UBS Group
27.8
Financials
18
Taiwan Semiconductor Manufacturing
27.4
Technology
19
Bank of America
26.5
Financials
20
Petrobras
24.9
Energy
