Ranking of the Most Profitable Companies in 2018
Published by InvestorGreg Editorial Team
April 2nd, 2019
Rating agency FitchRatings published a ranking of the most profitable companies in the world.
SaudiAramco, a national oil company of Saudi Arabia, became the most profitable company in the world in 2018.
According to Moody’s, SaudiAramco’s net profit in 2018 amounted to $111.1 billion. This amount is equal to Apple, Google and ExxonMobil profits all combined. Before deduction of interest, taxes and depreciation, the annual income amounted to $224 billion.
Here is seven most profitable companies in 2018 according to Moody’s:
- SaudiAramco — $111.1 billion
- Apple — $59.5 billion
- Samsung — $35.1 billion
- Alphabet (Google) — $30.7 billion
- JPMorganChase — $30.7 billion
- Shell — $23.4 billion
- ExxonMobil — $20.8 billion
The InvestorGreg Editorial Team is a group of financial writers and analysts who cover the worlds of finance and investment. Read more
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