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Ranked: Top 10 Most Profitable Companies in the World in 2024

by Akash Biswas
Most Profitable Companies

Most profitable companies range from big tech to energy giants and financial companies. Giant companies continue to dominate the financial landscape, generating profits that exceed the GDP of some countries.

This list is based on company profitability data from Visual Capitalist, and based on the data selected, the 10 most profitable companies in the world in 2024.

Saudi Aramco

Sector: Energy (oil and gas)

Profits: $120.7 billion

Saudi Arabian Oil Company Saudi Aramco was the world’s most profitable company in 2024, recording $120.7 billion in profits last year, and as of January 2025, Saudi Arabia’s national oil company was the world’s sixth largest company by market capitalization.

Apple

Sector: Technology

Profits: $97 billion

In second place is American company Apple, driven by its high-margin services arm and sales of the iPhone, which made $97 billion. Apart from the iPhone, there was the MacBook, iPad, Apple Watch, etc.

Berkshire Hathaway

Sector: Financials

Profits: $96.2 billion

After Apple, Warren Buffett’s conglomerate holding company, Berkshire Hathaway, came in third with huge profits. In 2025, Buffett was projected to be the eighth richest man in the world. And on Aug. 28, 2024, Berkshire Hathaway reached $1 trillion in market cap.

Alphabet

Sector: Technology

Profits: $73.8 billion

Google’s parent company, Alphabet, ranks fourth on the list with $73.8 billion in profits and is one of the world’s largest tech companies by market capitalization.

Microsoft

Sector: Technology

Profits: $72.4 billion

America’s Microsoft company ranks fifth in the list of Most Profitable Companies with a profit of $72.4 billion.

Industrial & Commercial Bank of China

Sector: Financials

Profits: $51.4 billion

Sixth on the list is the Chinese partially state-owned multinational banking and financial services corporation Industrial & Commercial Bank of China with profits of $51.4 billion, and the company is majority owned by the Chinese government.

JPMorgan Chase

Sector: Financials

Profits: $49.6 billion

American multinational financial services firm JPMorgan Chase ranks seventh on the list with profits of $49.6 billion and is the world’s largest bank by market cap.

China Construction Bank

Sector: Financials

Profits: $47.0 billion

Chinese partially state-owned multinational banking and financial services corporation China Construction Bank ranks eighth on the list with $47.0 billion in profits.

Meta Platforms

Sector: Technology

Profits: $39.1 billion

Meta Platforms, the company that owns Facebook, Instagram, Threads, and WhatsApp, had a profit of $39.1 billion in 2024.

Agricultural Bank of China

Sector: Financials

Profits: $38.0 billion

Another Chinese partially state-owned multinational banking and financial services corporation, Agricultural Bank of China, ranked tenth in the list with $38.0 billion in profits.

Also Read: Top 10 Companies in the World by Revenue in 2024

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