5 Biggest Companies By Net Income In The World

In this article we are going to list the 5 biggest companies by net income in the world. For a detailed coverage of this topic and a more comprehensive list please take a look at the 25 biggest companies by net income in the world.

5. JP Morgan Chase & Co. (NYSE:JPM)

TTM Net Income (in millions): $51,253

JPMorgan Chase & Co. (NYSE:JPM) is one of the biggest banks in the world, and the one with the highest profits too. At the same time, JPMorgan Chase & Co. (NYSE:JPM) has also seen its ETFs struggle, resulting in the liquidation of two such ETFs.

4. Alphabet Inc. (NASDAQ:GOOG)

TTM Net Income (in millions): $66,732

Alphabet Inc. (NASDAQ:GOOG) has seen an exceptional year so far, crushing analyst estimates for revenue and EPS.

Weitz Investment Management Large Cap Equity Fund made the following comment about Alphabet Inc. (NASDAQ:GOOG) in its Q3 2023 investor letter:

“As for other quarterly contributors, Alphabet Inc. (NASDAQ:GOOG) and Meta Platforms, Inc., (META) added to their exceptional year-to-date returns. Meta Platforms and Alphabet were the true year-to-date standouts. After steep declines in 2022, both stocks rebounded sharply due to a combination of solid fundamentals, disciplined operational execution, and improved sentiment. Despite outsized gains and attention, we think both Alphabet and Meta remain undervalued.”

3. Microsoft Corporation (NASDAQ:MSFT)

TTM Net Income (in millions): $77,096

Microsoft Corporation (NASDAQ:MSFT) is one of the biggest tech companies in the world, and is now continuing to invest in AI, spurred by its $10 billion acquisition of OpenAI.

2. Apple Inc. (NASDAQ:AAPL)

TTM Net Income (in millions): $94,760

Apple Inc. (NASDAQ:AAPL) is the most valuable company in the world, though recent results have been less than perfect. Recently, Apple Inc. (NASDAQ:AAPL) reported its first full year decline in revenue since 2019 and its share price recently declined before recovering in the last few weeks.

1. Saudi Aramco

TTM Net Income (in millions): $156,917

Easily topping the list of the 25 biggest companies by net incomes in the world is Saudi Aramco, the only company whose profit exceeds $100 billion. Despite its profits sliding by 23% in Q3 2023 because of low crude oil prices, Aramco is still unchallenged at the top.

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