The World’s 50 Most Profitable Companies

50 most profitable companies of the world in 2018
from Fortune's Global 500 list for 2018

For the third year in a row, Apple is the world's most profitable company. In general, compared to last year's ranking, the total profit of the 50 most powerful companies has grown in step with the growth of the global economy. For example, the total revenue of the 500 largest companies on the Fortune Global 500 amounted to more than $30 trillion (USD). American companies edged out a few Chinese state banks and state energy corporations from the top of the ranking. The presence of a handful of Japanese, Korean, European and Russian companies on the list mitigates the tough global competition for resources and global cash flow between the US and China. However, in 2019, the figures might become much gloomier, particularly if US President Donald Trump triggers a trade war between America and China and the EU. As we know, one of the main reasons for the Great Depression in the United States was a large-scale trade war. In the event of a similar event, the world economy can be expected to inevitably and quickly fall into recession, with a high risk of a repetition of the 2008 financial crisis.

Here is the list of the world’s most profitable companies in 2018:

RankCompanyFortune Global 500 RankProfit ($M)Profit Change
1 Apple 11 48351 +5.8%
2 British American Tobacco 453 48328 +670.4%
3 Berkshire Hathaway 10 44940 +86.7%
4 Industrial & Commercial Bank of China 26 42324 +1%
5 Samsung Electronics 12 36575 +89.3%
6 China Construction Bank 31 35845 +2.9%
7 Verizon 37 30101 +129.3%
8 AT&T 20 29450 +127%
9 Agricultural Bank of China 40 28550 +3.1%
10 Bank of China 46 25509 +3%
11 JPMorgan Chase & Co. 47 24441 -1.2%
12 Comcast 80 22714 +161.2%
13 Toyota Motor 6 22510 +33.2%
14 Wells Fargo 62 22183 +1.1%
15 Pfizer 187 21308 +195.3%
16 Microsoft 71 21204 +26.2%
17 Exxon Mobil 9 19710 +151.4%
18 Bank of America Corp. 60 18232 +1.8%
19 Facebook 274 15934 +56%
20 Procter & Gamble 135 15326 +45.9%
21 Ping An Insurance 29 13181 +40.3%
22 Volkswagen 7 13107 +120.8%
23 Royal Dutch Shell 5 12977 +183.7%
24 Sberbank 205 12869 +59.3%
25 Alphabet 52 12662 -35%
26 Gazprom 49 12250 -13.9%
27 Daimler 16 11864 +25.8%
28 Taiwan Semiconductor Manufacturing 368 11339 +10.3%
29 Kraft Heinz 451 10999 +202.8%
30 China Mobile Communications 53 10932 +13.7%
31 HSBC Holdings 90 10798 +335.6%
32 Tencent Holdings 331 10581 -71%
33 UnitedHealth Group 15 10558 +50.5%
34 Bank of Communications 168 10390 +2.7%
35 China Merchants Bank 213 10379 +11.1%
36 Charter Communications 264 9895 +180.9%
37 Walmart 1 9862 -27.7%
38 BMW Group 51 9717 +28%
39 Alibaba Group Holding 300 9673 +49.1%
40 Cisco Systems 212 9609 -10.5%
41 Intel 146 9601 -6.9%
42 Honda Motor 30 9561 +68%
43 State Grid 2 9533 -0.4%
44 Sanofi 271 9507 +82.6%
45 SK Hynix 442 9414 +269.8%
46 SoftBank Group 85 9378 -28.8%
47 Oracle 302 9335 +4.9%
48 Chevron 33 9195 0%
49 Disney 176 8980 -4.4%
50 Mitsubishi UFJ Financial Group 177 8933 +4.5%

Source: Fortune

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