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Ranking of the Most Profitable Companies in 2018

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:

  1. SaudiAramco — $111.1 billion
  2. Apple — $59.5 billion
  3. Samsung — $35.1 billion
  4. Alphabet (Google) — $30.7 billion
  5. JPMorganChase — $30.7 billion
  6. Shell — $23.4 billion
  7. ExxonMobil — $20.8 billion

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InvestorGreg Editorial Team

InvestorGreg Editorial Team

The InvestorGreg Editorial Team is a group of financial writers and analysts who cover the worlds of finance and investment. Read more