5 Most Profitable Industries in the US in 2024

In this article, we will take a look at the 5 most profitable industries in the US in 2024. You can read our detailed discussion on 16 Most Profitable Industries in the US in 2024.

5. Oil/Gas Distribution

Industry Net Margin (2024): 23.59%

The oil and gas distribution industry ranks fifth on our list with an industry net margin of 23.59%. As the name suggests, the industry deals with the distribution and transportation of oil and gas. Enterprise Products Partners L.P. (NYSE:EPD) is one of the biggest oil and gas distribution companies in the United States. The company is a leading provider of midstream energy services to producers and consumers of crude oil and natural gas. Enterprise Products Partners L.P. (NYSE:EPD) had a trailing 12-month net income and revenue of $5.6 billion and $52.03 billion, respectively, as of March 31. With a market capitalization of $63.31 billion, as of August 16, Enterprise Products Partners (NYSE:EPD) is considered one of the largest distributors of oil and gas in the United States.