Top 10 Most Profitable Companies in the USA
The largest public, state-owned, and private businesses by its consolidated revenue. This list is based on numbers and raking done by FORTUNE and FORBES.
One of the most known tech companies in the world, Apple’s annual revenue was $234 billion last year, while profit was $53.4 billion and all of this is thanks to iPhone 6s and iPhone 6s Plus sales last September, which hit record-breaking numbers with 3 million devices sold during its opening weekend alone.
With a profit of $24.4 billion, this company ranked in N2. JP Morgan posted record earnings of $24.4 billion, overtaking Wells Fargo to become the nation’s most profitable bank
Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. The company made $24.1 billion in profts last year rising $19.9 billion from thier last year’s number.
4. Wells Fargo
The San Francisco-based corporation has poised itself for big growth. Last October, the banking giant acquired GE Capital’s commercial lending and leasing businesses for the price of $32 billion.
Gilead Sciences is an American biopharmaceutical company that discovers, develops and commercializes therapeutics. Gilead 0.41% reported $18.1 billion in profit over 2015.
This company is the largest U.S. wireless communications service provider as of September 2014, last year alone profits hit $17.9 billion, Verizon attracted 4.5 million new wireless subscribers last year—the hard-earned fruit of sales promotions, tablet deals, and a new mobile video service aimed at attracting teens.
7. Citigroup
Citigroup is the third largest bank holding company in the US by assets, the company reported a record $17.2 billion in profits last year—its largest since 2006.
Google’s parent company amassed $16.3 billion in profits and that’s huge number since it’s their first year. Most the companie’s revenue comes from mobile search as well as YouTube.
9. Exxon Mobil
With $16.2 billion in profit American multinational oil and gas corporation have had better, Exxon has been hit by the worst oil glut to hit the industry in decades, the company dialed back its capital and exploration spending by $7.4 billion.
10. Bank of America
Last years revenue is the companies biggest earnings in nearly a decade, gaining $15.9 billion in profits over 2015. Loan growth and a 4% jump in card activity also aided the financial giant’s increase in profit.
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