A new report presents a list of the world's most profitable companies that offers a glimpse of which countries wield the most economic power and the sectors with the most economic influence.
The world's largest two economies by far, the U.S. and China, are headquarters for every one of the 10 most profitable companies. Equally important, a majority of companies on the list are financial service firms, though technology and energy firms also place well.
Only companies listed on U.S. or Canadian exchanges, either directly or through ADRs, are included in this list.
Notably, the three most profitable companies in the world are technology firms. As opposed to prior years, all technology firms in the top 10 are from the U.S.
Apple Inc. (AAPL) #1
Net Income (TTM): $99.8 billion Revenue (TTM): $394.33 billion Market Cap: $2.08 trillion 1-Year Trailing Total Return: -23.64% Exchange: NASDAQMicrosoft Corp came in second and Alphabet came in third. To review more statistics and the other top 7 most profitable companies on U.S. or Canadian exchanges, read the full Investopedia report.