What Is the Most Profitable Company in the United States?

05/10/2023 WNA24 137 Views 0 Comments

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. Apple is by far the most profitable technology company; only Google’s parent company Alphabet comes close, with $76.03 billion in profits earned this past year.

The second most profitable company in America is Berkshire Hathaway, with a recorded profit of $89.8 billion earned this year. If you thought Apple’s increase in profits was impressive, brace yourself: Berkshire Hathaway’s profits increased an unbelievable 111.2% over the previous year’s profits. Berkshire Hathaway is the most profitable company in the financial sector and the property/casualty insurance industry. The second most profitable financial company was JPMorgan Chase, which made a profit of $48.33 billion, roughly half of Berskhire Hathaway’s profits.

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