Profits of top mining companies
The average net profit margin of the world’s top 40 mining companies stood at some seven percent in 2014, but decreased to negative seven percent in 2015, and then rebounded to ten percent in 2017. These figures are a distinct decrease when compared to the years before. For example, in 2010, the profit margin stood at around 25 percent among the global top 40 mining firms.
In 2017, the top 40 mining companies generated a net profit of approximately 61 billion U.S. dollars. As of that year, the company with the highest market capitalization was Austrialian/British mining giant BHP Billiton.
The global top 40 mining companies, which represent the vast majority of the industry, generated more than half a trillion U.S. dollars of revenue in 2017. In terms of quantity, these companies produce most of all coal (including thermal and metallurgical coal), iron ore, and bauxite.