16 of the world's 30 most profitable companies are US-based – List


The US maintains its position as the leading hub for the world's most profitable companies.
According to Yeniavaz.com, citing Forbes, 16 of the 30 companies with the highest profits in the world are US-based.
Alphabet leads the ranking with annual profits of $160.2 billion. Microsoft ranks second with $125.2 billion, Apple third with $122.6 billion, and NVIDIA fourth with $120.1 billion.
The only company outside the US to make the top five was Saudi Arabia's state-owned oil giant, Saudi Aramco. The company posted profits of $99.3 billion in the last fiscal year. However, falling oil prices and geopolitical tensions in the Middle East impacted the company's revenue. In addition to American companies, the top ten also included Taiwanese chipmaker TSMC and South Korean companies Samsung and SK Hynix. China is represented primarily by large state-owned banks—ICBC, China Construction Bank, Agricultural Bank of China, and Bank of China—as well as Tencent and PetroChina.
Experts believe that attracting highly skilled migrants to the US, leading universities, a favorable business environment, and ample access to startup financing play a key role in maintaining the country's global corporate leadership.
The top 30 most profitable companies in the world:
Alphabet (USA) – $160.2 billion
Microsoft (USA) – $125.2 billion
Apple (USA) – $122.6 billion
NVIDIA (USA) – $120.1 billion
Saudi Aramco (Saudi Arabia) – $99.3 billion
Amazon (USA) – $90.8 billion
Berkshire Hathaway (USA) – $72.5 billion
Meta Platforms (USA) – $70.6 billion
TSMC (Taiwan) – $62.5 billion
JPMorgan Chase (USA) – $58.6 billion
Samsung (South Korea) – $58.5 billion
SK Hynix (South Korea) – $52.7 billion dollars
ICBC (China) – $51.3 billion
China Construction Bank (China) – $48.2 billion
Agricultural Bank of China (China) – $39.2 billion
Bank of China (China) – $34.5 billion
Tencent Holdings (China) – $33.1 billion
SoftBank (Japan) – $33.1 billion
Bank of America (USA) – $31.8 billion
Toyota Motor (Japan) – $25.5 billion
ExxonMobil (USA) – $25.3 billion
Eli Lilly (USA) – $25.3 billion
Broadcom (USA) – $25.0 billion
Micron Technology (USA) – $24.1 billion
Swiss National Bank (Switzerland) – $23.6 billion
PetroChina (China) – $22.4 billion
Visa (USA) – $22.0 billion
Walmart (USA) – $21.9 billion
Wells Fargo (USA) – $21.7 billion
China Life Insurance (China) – $21.5 billion

Elnur Ali

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