Friday, October 25, 2019
Here Are The World's 20 Most Profitable Companies
Zero Hedge: Visualizing The World's 20 Most Profitable Companies
The biggest chunk of the earnings pie is increasingly split by fewer and fewer companies.
In the U.S. for example, Visual Capitalist's Jeff Desjardins points out that about 50% of all profit generated by public companies goes to just 30 companies — back in 1975, it took 109 companies to accomplish the same feat:
This power-law dynamic also manifests itself at a global level — and perhaps it’s little surprise that the world’s most profitable companies generate mind-bending returns that would make any accountant blush.
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WNU Editor: Four Chinese companies are now in the top 10.
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