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Apple, Microsoft, and Alphabet are the world’s most profitable companies, according to The Balance. The article also lists the most valuable companies globally, with the top three spots again occupied by Apple, Microsoft, and Alphabet. However, investing solely in profitable companies may not always yield high returns. Other companies on the list include Industrial and Commercial Bank of China, ExxonMobil, China Construction Bank, Shell, and Agricultural Bank of China.
What Big Businesses Make the Most Money?
When it comes to investing, one of the most important things to consider is the potential return on investment. However, it’s important to remember that high returns often come with high risks. This can lower or even outweigh potential returns. That’s why it’s important to choose your investments wisely. In this article, we’ll take a look at some of the biggest businesses in the world and how much money they make.
#1 Apple Inc. (AAPL)
Apple Inc. is one of the most valuable companies in the world. With a market capitalization of over $2 trillion, it’s no surprise that Apple is also one of the most profitable businesses in the world. In 2020, Apple reported a net income of $57.4 billion.
#2 Microsoft Corp. (MSFT)
Microsoft is another tech giant that has been around for decades. With a market capitalization of over $1.7 trillion, Microsoft is the second most valuable company in the world. In 2020, Microsoft reported a net income of $44.3 billion.
#3 Alphabet Inc. (GOOGL)
Alphabet Inc. is the parent company of Google, one of the most popular search engines in the world. With a market capitalization of over $1.2 trillion, Alphabet is also one of the most valuable companies in the world. In 2020, Alphabet reported a net income of $40.3 billion.
#4 Industrial And Commercial Bank Of China Ltd. (IDCBY)
Industrial and Commercial Bank of China Ltd. is the largest bank in the world by total assets. With a market capitalization of over $240 billion, it’s no surprise that ICBC is also one of the most profitable businesses in the world. In 2020, ICBC reported a net income of $45.1 billion.
#5 ExxonMobil Corp (XOM)
ExxonMobil Corp is one of the largest oil and gas companies in the world. With a market capitalization of over $250 billion, ExxonMobil is also one of the most valuable companies in the world. In 2020, ExxonMobil reported a net income of $7.8 billion.
#6 China Construction Bank Corp. (CICHY)
China Construction Bank Corp. is another Chinese bank that is one of the largest in the world. With a market capitalization of over $150 billion, China Construction Bank is also one of the most profitable businesses in the world. In 2020, China Construction Bank reported a net income of $40.9 billion.
#7 Shell PLC (SHEL)
Shell PLC is a multinational oil and gas company. With a market capitalization of over $150 billion, Shell is also one of the most valuable companies in the world. In 2020, Shell reported a net income of $4.8 billion.
#8 Agricultural Bank of China Ltd. (ACGBY)
Agricultural Bank of China Ltd. is another Chinese bank that is one of the largest in the world. With a market capitalization of over $140 billion, Agricultural Bank of China is also one of the most profitable businesses in the world. In 2020, Agricultural Bank of China reported a net income of $31.3 billion.
In Conclusion
When it comes to investing, it’s important to choose your investments wisely. While high returns can be tempting, it’s important to consider the risks involved. The businesses listed in this article are some of the biggest and most profitable in the world, but that doesn’t mean they are without risks. Before investing in any business, it’s important to do your research and make an informed decision.
References for « What big businesses make the most money? »
- Forbes Global 2000 List
- Statista’s Top Companies in the World by Market Value
- Statista’s Top Companies in the World by Revenue
- Investopedia’s 10 Largest Companies in the World
- Business Insider’s The 25 Biggest Companies in the World by Revenue
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