10 Most Profitable Companies in the World in 2020

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1. Saudi Arabian Oil Company (Saudi Aramco) (Tadawul: 2222)

Saudi Arabian Oil Company, or Aramco as its most popularly known, easily tops the list of 10 most profitable companies in the world in 2020. Not only are its profits of $88.2 billion completely unmatched, so is its return of 22.14%; no other company has even managed 20%.

Aramco was recently listed on the stock exchange where 3 billion shares raised the company a then record $25.6 billion. In January, the company was valued at $1.87 trillion dollars, again by far the highest in the world.

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