Ranking of the 50 most profitable companies worldwide 2022
In 2022, the Saudi Arabian oil company Saudi Aramco posted the highest net revenue of any company in the world, with profits of over 300 billion U.S. dollars. Apple, Microsoft, Alphabet, and Equinor rounded out the top five spots in the ranking of most profitable companies.
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.
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.
