Note: The industry classification below is based on the SIC number. The Standard Industrial Classification Codes that appear in a company's disseminated EDGAR filings indicate the company's type of business.
10: Verizon Communications
Industry: 4813 - Telephone Communications (No Radiotelephone)
Revenue: $128B
Profits: $17,80B
9: Bank of America:
Industry: 6021- NATIONAL COMMERCIAL BANKS
Revenue: $93B
Profits: $17,89B
8: Intel:
Industry: 3674 - SEMICONDUCTORS & RELATED DEVICES
Revenue: $77B
Profits: $20,89B
7: Amazon:
Industry: 7374 - SERVICES-COMPUTER PROCESSING & DATA PREPARATION
Revenue: $386B
Profits: $21,33B
Ads help us serve our growing community.
6: JP Morgan Chase:
Industry: 6021 - NATIONAL COMMERCIAL BANKS
Revenue: $129B
Profits: $29,13B
5: Facebook:
Industry: 7374 - SERVICES-COMPUTER PROCESSING & DATA PREPARATION
Revenue: $85B
Profits: $29,14B
4: Alphabet:
Industry: 7370 - Services-Computer Programming, Data Processing, Etc.
Revenue: $182B
Profits: $40,26B
3: Berkshire Hathaway:
Industry: 6331 - Fire, Marine & Casualty Insurance
Revenue: $245B
Profits: $42,52B
2: Microsoft:
Industry: 7372 - Services-Prepackaged Software
Revenue: $143B
Profits: $44,28B
1: Apple:
Industry: 3571 - Electronic Computers
Revenue: $274B
Profits: $57,41B
Just in case it missed your radar, the top-10 revenue based companies are either technology or financial firms. Interestingly, Amazon has the highest revenue, but sits at 7, based on profitability.
This should be a key takeaway for any business, that higher revenues, while desirable, do not necessarily translate to profits. Therefore it’s critical to know and manage the basic financial tenants to ensure profitable outcomes.
0 Comments