11 Most Profitable Companies In America in 2017

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5. Alphabet Inc (NASDAQ:GOOGL) – $19.48 billion

Alphabet Inc (NASDAQ:GOOGL) holds down fifth position on our list of most profitable companies in America in 2017, with $19.48 billion in 2016 net income. Alphabet’s noteworthy ‘Other Bets’ division has slowly begun to increase its revenue and trim its losses, while advertising revenue has remained robust. Alphabet Inc (NASDAQ:GOOGL) has also experienced some success with Google Home and its Pixel phones, the latter of which the company appears to be prepared to churn out annually going forward in an attempt to steal some of rival Apple’s smartphone thunder.

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