The World’s 50 Most Profitable Companies in 2022

50 most profitable companies of the world in 2022 during the COVID-19 pandemic
from Fortune's Global 500 list for 2022

Here is the list of the world’s most profitable companies in 2022:

RankCompanyFortune Global 500 RankProfit ($M)Profit Change
1 Saudi Aramco 6 105369 +113.8%
2 Apple 7 94680 +64.9%
3 Berkshire Hathaway 14 89795 +111.2%
4 Alphabet 17 76033 +88.8%
5 Microsoft 33 61271 +38.4%
6 Industrial & Commercial Bank of China 22 54003 +18%
7 JPMorgan Chase & Co. 63 48334 +65.9%
8 China Construction Bank 24 46899 +19.4%
9 Meta Platforms 71 39370 +35.1%
10 Agricultural Bank of China 28 37391 +19.5%
11 Tencent Holdings 121 34854 +50.5%
12 Samsung Electronics 18 34294 +55.1%
13 Bank of China 42 33573 +20.1%
14 Amazon 2 33364 +56.4%
15 Bank of America 105 31978 +78.7%
16 Gazprom 52 28405 +1417.4%
17 Mercedes-Benz Group 38 27201 +558.2%
18 Investor AB 461 26585 +363.7%
19 Toyota Motor 13 25371 +19.8%
20 Novartis 248 24021 +197.6%
21 Exxon Mobil 12 23040 ---
22 Vale 231 22445 +359.8%
23 Fannie Mae 93 22176 +87.9%
24 Verizon Communications 54 22065 +24%
25 Pfizer 137 21979 +128.6%
26 Citigroup 141 21952 +98.7%
27 Goldman Sachs Group 195 21635 +128.7%
28 Wells Fargo 134 21548 +552.8%
29 Taiwan Semiconductor Manufacturing 225 21209 +22.3%
30 Rio Tinto Group 201 21094 +115.9%
31 Johnson & Johnson 107 20878 +41.9%
32 Shell 15 20101 ---
33 AT&T 32 20081 ---
34 Petrobras 128 19875 +1641.9%
35 Intel 145 19868 -4.9%
36 China Merchants Bank 174 18592 +31.8%
37 Nestlé 103 18498 +42%
38 Volkswagen 8 18187 +80%
39 Maersk Group 206 17942 +529.5%
40 Ford Motor 53 17937 ---
41 CMA CGM 228 17894 +919.4%
42 Huawei Investment & Holding 96 17623 +88.2%
43 UnitedHealth Group 11 17285 +12.2%
44 Sberbank 270 16973 +61.2%
45 Stellantis 29 16789 +578.1%
46 Home Depot 43 16433 +27.7%
47 TotalEnergies 27 16032 ---
48 Ping An Insurance 25 15754 -24%
49 Chevron 37 15625 ---
50 Roche Group 169 15242 +0.1%

The 2022 ranking of the world's most profitable companies is based on the financial statements of the largest corporations by net profit for 2021. Therefore, the ranking reflects positive expectations for a global economic recovery after the COVID-19 pandemic. In 2022, however, economic and geopolitical developments began to cloud the overly benign expectations for the near future. Yes, there is one less major global problem - the coronavirus pandemic seems to have passed. But other serious problems have come to the fore in 2022: a spike in inflation, a global supply chain crisis, a high chance of a recession in the US and EU countries, and the war in Ukraine unleashed by Putin's regime. In China, the economy continues to slow, and it’s difficult to disguise this with cheery official government statistics. Both the growth rates of revenue and net profit of Chinese corporations have slowed. Making matters worse for China's slowing economy is the country’s zero-tolerance COVID-19 (“zero-Covid” policy).


As a consequence of the recovery of high oil and gas prices, the oil and gas giants - Shell, ExxonMobil, TotalEnergies, and Petrobras - returned to the rating. Saudi Aramco again became the world’s most profitable company in 2022. A year earlier, it was displaced from first place by U.S. technology giant Apple. The long-term trend of developed economies to decarbonize, improve the energy efficiency of production facilities, and develop renewable energy remains in force, but the embargo on Russian oil and natural gas has created a medium-term problem for these countries.

Source: Fortune

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