In this article, we will take a look at the 5 US companies with the highest profit margins. If you are interested in reading the details, head straight to the 25 US Companies With The Highest Profit Margins.
5. JPMorgan Chase & Co. (NYSE:JPM)
2022 Profit Margin: 28.49%
JPMorgan Chase & Co. (NYSE:JPM) is a successful and reputable financial services company offering various services. Its ability to adapt to market changes, provide valuable insights, and manage risk has contributed to its continued success. JPMorgan Chase & Co. (NYSE:JPM) maintains exceptional financial performance and profitability with a net income of $37.7 billion in 2022, assets of $3.6 trillion, and a global workforce of 255,983 employees.
4. Pfizer Inc. (NYSE:PFE)
2022 Profit Margin: 31.4%
Pfizer Inc. (NYSE:PFE) is a renowned pharmaceutical company with a wide range of high-quality medicines. Despite the impact of the COVID-19 pandemic, Pfizer has developed a widely accepted COVID-19 vaccine. In 2022, the company achieved a net income of around $31.4 billion, with a revenue of $100 billion. Pfizer Inc. (NYSE:PFE)’s commitment to innovation is evident through its $11.4 billion investment in research and development in 2022, an increase of over 10% from 2021.
3. Microsoft Corporation (NASDAQ:MSFT)
2022 Profit Margin: 36.68%
Microsoft Corporation (NASDAQ:MSFT) is a highly profitable global technology company with diverse services and products. With over 1 billion users, its revenue in 2022 was $198.27 billion, with a net income of $72.73 billion. Microsoft Corporation (NASDAQ:MASFT)’s market capitalization exceeds $2.56 trillion, showcasing its value. The company’s success stems from its focus on innovation, effective marketing, and a loyal customer base. Microsoft remains a market leader and in high demand in the technology industry.
2. Fannie Mae
2022 Profit Margin: 41.9%
Fannie Mae is a highly profitable US company providing high-quality mortgage lending, loan servicing, and securitization services. With over $4.3 trillion in assets, Fannie Mae has built a loyal customer base through reliable and efficient services. Its commitment to excellent customer service and financial solutions has made it a trusted name in the industry.
1. Visa Inc. (NYSE:V)
2022 Profit Margin: 51.02%
Visa Inc. (NYSE:V), a leading payments technology company stands 1st among the US companies with the highest profit margins and achieved impressive financial results in 2022 with a revenue of $29.31 billion and a net income of $14.95 billion, driven by its innovative products and services. With over 2.9 billion cards issued globally, Visa Inc. (NYSE:V) network processes over 150 million transactions daily and is accepted at over 44 million merchant locations.
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