April 10, 2018

Top 20 most profitable companies in the world 2018

This is a list of top 20 most profitable companies in the world as of 2018 according to the latest ranking by Fortune; American business magazine which published and owned by Time. 

The list is published annually and features global corporations by total revenue for their respective fiscal years.  

American multinational technology company Apple still remains the most profitable company in the world with an income of $45,687 while China banks; Industrial  Commercial Bank of China and China Construction Bank take the second and third spots respectively.

Without further ado, here are the top 20 most profitable companies in the world as of 2018.

1. Apple        Profit  - $45,687.0
2. Industrial & Commercial Bank of China        Profit  - $41,883.9
3. China Construction Bank        Profit -  $34,840.9  
4. Agricultural Bank of China      Profit  - $27,687.8 M
5. Bank of China          Profit    - $24,773.4 M
6. J.P. Morgan Chase          Profit   - $24,733.0 M
7. Berkshire Hathaway         Profit   - $24,074.0 M
8. Wells Fargo         Profit   - $21,938.0 M
9. Alphabet         Profit    - $19,478.0 M
10. Samsung Electronics          Profit   - $19,316.5 M
11. Bank of America Corp       Profit   - $17,906.0 M
12. Toyota Motor          Profit    - $16,899.3 M
13. Microsoft        Profit   - $16,798.0 M
14. Johnson & Johnson     Profit    - $16,540.0 M
15. Citigroup      Profit    - $14,912.0 M
16. Gazprom        Profit    - $14,222.6 M
17. Walmart       Profit     - $13,643.0 M
18. Gilead Sciences       Profit    - $13,501.0 M
19. SoftBank Group       Profit   - $13,163.4 M
20. Verizon          Profit  -  $13,127.0 M