2021 Most Profitable Companies | Tipalti (2024)

2021 Biggest Profit Increases

To see how well different sectors performed in 2021 compared to 2020, we calculated the difference in annual average profits between the two years.

The biggest increase in profits was seen in the Household Products sector, which more than doubled its year-on-year profits with an increase of $1,002,800,000. This huge profit boom far outperforms any other sector, as companies within the Food, Beverages and Tobacco grouping took second place having increased their average profits by $354,226,667.

2021 Most Profitable Companies | Tipalti (2024)

FAQs

2021 Most Profitable Companies | Tipalti? ›

Saudi Aramco, Apple, and Microsoft emerged as the most profitable, leading the pack with annual profits of $159.1 billion, $99.8 billion, and $72.7 billion, respectively, according to Business Review.

What was the most profitable company in the world 2021? ›

Saudi Aramco, Apple, and Microsoft emerged as the most profitable, leading the pack with annual profits of $159.1 billion, $99.8 billion, and $72.7 billion, respectively, according to Business Review.

What is the most profitable company right now? ›

The most profitable company in the U.S. is Apple, with $94.68 billion in profit earned during their 2022 fiscal year, which began on Sept. 26, 2021, and ended on Sept. 24, 2022. Apple's profits during this time were 64.9% higher than the profits earned during the 2021 fiscal year.

Which company makes the highest profit? ›

1) Saudi Aramco – $247.43 Billion

In 2023, Saudi Aramco, the Saudi Arabian oil giant, raked in the highest net revenue globally, scoring profits of over 247 billion U.S. dollars.

What is the most profitable company to own? ›

According to Statista, the top five most profitable businesses in the world are Saudi Aramco (valued at $156.4 billion), Apple (valued at $94.3 billion), Microsoft (valued at $69 billion), Exxon Mobil (valued at $61.7 billion) and Alphabet (valued at $58.6 billion).

What is the number 1 richest company? ›

Microsoft

What companies grew the most in 2021? ›

Fastest Growing Companies: 2021
  • PredictNow.AI. Toronto, Canada. ...
  • DotX. Silicon Valley, Virtual. ...
  • Niftron. Colombo, Sri Lanka. ...
  • Paintjet. Silicon Valley, Virtual. ...
  • Krado. Silicon Valley, Virtual. ...
  • Periculum. Toronto, Canada. ...
  • PaySika. Paris, France. ...
  • CINETPAY. Abidjan, Ivory Coast.

What company has the highest profit margin? ›

Apple was the most profitable company thus far in 2023, yielding just under $100 billion of net income.
  • #1 Apple Inc. ...
  • #2 Microsoft Corp. ...
  • #3 Alphabet Inc. ...
  • #4 Industrial and Commercial Bank of China Ltd. ...
  • #5 ExxonMobil Corp (XOM)
  • #6 JPMorgan Chase & Co. ...
  • #7 China Construction Bank Corp. ( ...
  • #8 Agricultural Bank of China Ltd.

What company made the most money last year? ›

Apple once again took the top spot on Fortune's list of the most profitable American companies in 2021. The tech giant raked in $94.7 billion in profits last year on revenues of $365.8 billion.

What is the highest grossing company in the world? ›

Walmart has been the world's largest company by revenue since 2014. The list is limited to the largest 50 companies, all of which have annual revenues exceeding US$130 billion. This list is incomplete, as not all companies disclose their information to the media and/or general public.

Which business is most profitable in the world? ›

According to Statista, the top five most profitable businesses in the world are Saudi Aramco (valued at $156.4 billion), Apple (valued at $94.3 billion), Microsoft (valued at $69 billion), Exxon Mobil (valued at $61.7 billion) and Alphabet (valued at $58.6 billion).

What is the most profitable business in the USA? ›

Most profitable businesses by industry
Industry% of employer firms that responded to the 2022 Small Business Credit Survey
Professional services and real estate20%
Non-manufacturing goods production18%
Business support and consumer services15%
Retail13%
4 more rows
Feb 29, 2024

What is the most successful private company? ›

Cargill is the most valuable private company in the world. 2 It is a company that you probably have only scant familiarity with, yet have almost certainly patronized. So who owns Cargill? The Cargill family, of course.

What is the easiest most profitable business to own? ›

Some of the best small businesses to start this year
  • Food trucks and food stands. ...
  • Accounting and bookkeeping. ...
  • Kids' activities. ...
  • Landscaping. ...
  • IT services. ...
  • Electronics repair. ...
  • Auto repair. ...
  • Vacation rentals. Getting into vacation rentals can be relatively easy – especially if you rent your home to test the waters.

Who was the most valuable company in 2021? ›

Microsoft has briefly taken the lead over Apple as the most valuable company a handful of times since 2018, including in 2021 when concerns about COVID-driven supply chain shortages hit the iPhone maker's stock price.

What is the most profitable company in history? ›

Largest corporate annual earnings of all time
#CompanyCountry
1Saudi AramcoSaudi Arabia
2Saudi AramcoSaudi Arabia
3VodafoneUnited Kingdom
4Fannie MaeUnited States
52 more rows

What is the most profitable business in the world? ›

Ranking of the 50 most profitable companies worldwide 2023

In 2023, the Saudi Arabian oil company Saudi Aramco posted the highest net revenue of any company in the world, with profits of over 247 billion U.S. dollars.

What stock made the most money in 2021? ›

Top 5 Stock With the Fastest Growth in 2021
  1. Destination XL Group — 2067.9%
  2. Lightwave Logic — 1,500%
  3. AMC Entertainment Holdings — 1136.4%
  4. Aehr Test Systems — 867.2%
  5. GameStop — 681%
  6. Companies that prospered during the COVID-19 pandemic.

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