Ranking of the 50 most profitable companies worldwide 2022
What is net income?
Net income, or net profit, is the figure that gives the most complete overview of a company’s profitability: Net income is calculated as the revenue of a company less all operating expenses, debt payments, interest paid, income from subsidiary holdings, taxes, etc. Different industries have different net profit margins.
The Apple doesn’t fall far
In terms of market value, Apple was the largest company in the world in 2022, with Saudi Aramco following in second. Since the beginning of the new millennium, Apple has reported ever rising amounts of worldwide revenue, with iPhone sales leading the charge.