Aramco tops world’s most profitable companies

The technology, energy, and financial sectors dominated the list of the world's most profitable companies in 2024, led by Saudi Aramco that outperformed Apple, according to a report by Visual Capitalist.

A select group of corporate titans continues to dominate the financial landscape, generating profits that dwarf the GDPs of some nations, based on data from Fortune.

Figures represent corporate profits after tax, extraordinary credits, and non-controlling interests for company fiscal years ended on or before March 31, 2024.

Saudi Aramco was the world’s most profitable company in 2024. The national oil company of Saudi Arabia was also the sixth-largest company in the world by market capitalization and the most valuable non-US company, as of January 2025.

Coming in at second is Apple, fueled by its high-margin services arm and iPhone sales.

Berkshire Hathaway also joined the $1 trillion market cap club this August, among the ranks of tech giants like Apple, Microsoft, and Nvidia.