The World’s Most Profitable Companies

The World’s Most Profitable Companies 2021.

According to the Forbes Global 2000 published on May 13, 2021, the coronavirus pandemic has shaken up the list of the most profitable (public) companies in the world. Tech companies Apple and Microsoft, which benefited majorly from people working and socializing online, shot to the top of the ranking, while banking and investment profits remained more stable. Google parent company Alphabet grew its profits to $40.3 billion up from $34.3 billion, up more than 17 percent.

#1 Apple Inc. 

• Revenue: $294 billion
• Market Value: $2.2 trillion
• Total Assets: $354.1 billion
• Listed Stock Exchange: NASDAQ

Apple Inc Manufacturers Mobile Devices, Laptops, and Other Accessories and Also Offers Other Services Including Apple News+, Apple TV, Apple Musics, and Apple Arcade ( Cloud Gaming ). Apple Is Considered as One of The Best Technology Company in FANG Companies. Apple Makes More than 50% of revenue from its iPhone series and from subscription services including the app store Which Makes it one of the most profitable companies in the world

Total Profit: $63.9 Billion

#2 Microsoft Corp.

• Revenue: $153.3 billion
• Market Value: $1.9 trillion
• Total Assets: $304.1 billion
• Listed Stock Exchange: NASDAQ

Microsoft makes enterprise software and also Microsoft holds the majority market share in the PC OS market. Microsoft also offers Cloud Computing, Social Networking, Laptops, and Gaming Service Called Xbox. Microsoft makes most of the revenue from Office Tools and From its Cloud Services. Which Makes it one of the most profitable companies in the world

Total Profit: $51.3 Billion

#3 Saudi Aramco

• Revenue: $229.7 billion
• Market Value: $1.8 trillion
• Total Assets: $510.3 billion
• Listed Stock Exchange: OTC

Saudi Aramco, officially the Saudi Arabian Oil Company (formerly Arabian-American Oil Company), is a Saudi Arabian public petroleum and natural gas company based in Dhahran. As of 2020, it is one of the largest companies in the world by revenue. Saudi Aramco has both the world’s second-largest proven crude oil reserves, at more than 270 billion barrels (43 billion cubic meters) and the largest daily oil production of all oil-producing companies.

Total Profit: $49.3 Billion

#4 Industrial And Commercial Bank Of China Ltd.

• Revenue: $190.5 billion
• Market Value: $249.5 trillion
• Total Assets: $4,914.7 billion
• Listed Stock Exchange: SHA

The Industrial and Commercial Bank of China provides business banking and financial services. Those services embody company and private loans, trade funding, deposit-taking, company and private wealth management, and guardian services. corporate additionally engages in investment activities for its own account or on behalf of shoppers, together with securities industry transactions, investment securities, exchange transactions, and therefore the holding of by-product positions. Which Makes it one of the most profitable companies in the world

Total Profit: $45.8 Billion

#5 Berkshire Hathaway Inc.

• Revenue: $245.5 billion
• Market Value: $624.4 billion
• Total Assets: $873.7 Billion
• Listed Stock Exchange: NASDAQ

Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. The company wholly owns GEICO, Duracell, Dairy Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Pampered Chef, Forest River, and NetJets, and also owns 38.6% of Pilot Flying J and significant minority holdings in public companies Kraft Heinz Company (26.7%), American Express (18.8%), The Coca-Cola Company (9.32%), Bank of America (11.9%), and Apple(6.3%).

Total Profit: $42.5 Billion

#6 JPMorgan Chase & Co.

• Revenue: $136.2 billion
• Market Value: $464.8 billion
• Total Assets: $3,689.3 billion
• Listed Stock Exchange: New York Stock Exchange

JPMorgan is a global financial holding company that provides banking and financial services. The bank is involved in a broad range of businesses such as corporate lending, investment banking, market-making, prime brokerage, and treasury and securities products and services to corporations, investors, financial institutions, and government and municipal entities. It also offers consumer banking and asset management services. Which Makes it one of the most profitable companies in the world

Total Profit: $40.4 Billion

#7 Alphabet Inc. 

• Revenue: $182.4 billion
• Market Value: $1.5 trillion
• Total Assets: $319.6 Billion
• Listed StockExchange: NASDAQ

Alphabet is a holding company and the parent of Google Inc., its primary business. Google offers a range of Internet products, including Search, Ads, Commerce, Maps, YouTube, Google Cloud, Android, Chrome, and Google Play. Alphabet is Started By the Founders of Google to Diversify their business in all sectors which can be innovated by Technology. Google Earns Most of the Money from Advertising. Which Makes it one of the most profitable companies in the world

Total Profit: $40.3 Billion

#8 China Construction Bank Corp.

• Revenue: $173.5 billion
• Market Value: $210.4  billion
• Total Assets: $4,301.7 Billion
• Listed Stock Exchange: SHA

China Construction Bank provides a wide range of financial services to corporate and individual customers, including corporate and personal loans, deposit-taking, wealth management, trade financing, financial consulting and advisory services, and remittance services. The bank also engages in investment activities such as inter-bank money market transactions, investments in debt securities, equities, as well as trading of derivatives and foreign currency. Which Makes it one of the most profitable companies in the world

Total Profit: $39.3 Billion

#9 Agriculture Bank Of China Ltd.

• Revenue: $153.9 billion
• Market Value: $140.1 billion
• Total Assets: $4,159.9 billion
• Listed Stock Exchange: SHA

Bank of China provides a broad range of banking and financial services to individuals, corporations, government authorities, and financial institutions. Its services include savings, deposits, lending, mortgages, credit and debit cards, trade-related products, and credit facilities. The bank also offers insurance, underwriting, stock brokerage, investment research, and asset management services. Which Makes it one of the most profitable companies in the world

Total Profit: $31.3 Billion

#10 Facebook

• Revenue: $86 billion
• Market Value: $870.5 billion
• Total Assets: $159.3 Billion
• Listed Stock Exchange: NASDAQ

Facebook, Inc, is an American technology conglomerate based in Menlo Park, California. It was founded by Mark Zuckerberg, along with his fellow roommates and students at Harvard College, who were Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes, originally as TheFacebook.com—today’s Facebook, a popular global social networking service.

Total Profit: 29.1 Billion

Conclusion 

There are two similarities in this World’s Top 10 Most profitable companies. One is all the companies in this list belong United States Of America and China, Second is Companies in this List Is Just under Two Sectors Companies which is Technology and Banking. Only These Sector Companies are listed in the Top 10 Positions.

Updated As On May 13, 2021.