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The 20 Companies With the Most Profit Per Employee

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The 20 Companies With the Most Profit Per Employee

The 20 Companies With the Most Profit Per Employee

Profit per worker on the Fortune Global 500

The Chart of the Week is a weekly Visual Capitalist feature on Fridays.

Earlier in the week, we showed you the companies that make the most profit per second.

It’s a measure where Apple blows every other company out of the water. The tech giant makes $1,444 in net income per second – about $700 higher than its closest competition, which include banks, conglomerates, and other tech companies.

While Apple may dominate when seconds are used as the denominator, how does it do when looking at profit per employee instead?

Profit Per Employee

Expert Market crunched the numbers on the 100 most profitable companies on the Fortune Global 500 list.

By comparing profits to employees, they came up with a list of the 20 most profitable companies on a per person basis.

RankingCompanyCountryProfit per Employee
1Fannie MaeUS$1,759,000
2Gilead SciencesUS$1,500,111
3Freddie MacUS$1,306,419
4FacebookUS$599,307
5National GridUK$458,639
6AmgenUS$402,187
7AppleUS$393,853
8AlphabetUS$270,329
9Taiwan SemiconductorTaiwan$218,951
10Goldman SachsUS$215,058
11AbbVieUS$198,433
12SoftBank GroupJapan$192,442
13QualcommUS$187,049
14Tencent HoldingsChina$159,533
15Westpac BankingAustralia$155,244
16SPD BankChina$151,287
17Commonwealth BankAustralia$148,749
18MicrosoftUS$147,351
19Cisco SystemsUS$145,712
20Industrial BankChina$144,141

While Apple makes a solid $393,853 in profit for each employee, the company only ranks #7 on the list.

It gets outperformed by one tech company (Facebook, at $599,307 per employee), as well as a combination of companies from the financial, utilities, and biotech sectors.

State Sponsored Profits

On the list, perhaps the most surprising entries are Fannie Mae and Freddie Mac. These two U.S. government-sponsored enterprises, which both buy and repackage bank mortgages for the secondary market, were a part of the largest federal bailout in history ($187 billion) during the financial crisis in 2008.

At the time, they were highly criticized for creating an environment of “moral hazard”. As Investopedia puts it:

Quasi-government agencies such as Fannie Mae and Freddie Mac offered implicit support to lenders underwriting real estate loans.

-Investopedia

Despite this one-time catastrophe, the two organizations are very profitable today – so profitable, in fact, that they rank #1 and #3 on the above list.

Last year, Fannie Mae and Freddie Mac brought in $12.3 billion and $7.8 billion in profit respectively. And on a per capita basis, that equates to $1.76 million and $1.5 million per employee.

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Agriculture

The World’s Top Cocoa Producing Countries

Here are the largest cocoa producing countries globally—from Côte d’Ivoire to Brazil—as cocoa prices hit record highs.

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This tree map graphic shows the world's biggest cocoa producers.

The World’s Top Cocoa Producing Countries

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

West Africa is home to the largest cocoa producing countries worldwide, with 3.9 million tonnes of production in 2022.

In fact, there are about one million farmers in Côte d’Ivoire supplying cocoa to key customers such as Nestlé, Mars, and Hershey. But the massive influence of this industry has led to significant forest loss to plant cocoa trees.

This graphic shows the leading producers of cocoa, based on data from the UN FAO.

Global Hotspots for Cocoa Production

Below, we break down the top cocoa producing countries as of 2022:

Country2022 Production, Tonnes
🇨🇮 Côte d'Ivoire2.2M
🇬🇭 Ghana1.1M
🇮🇩 Indonesia667K
🇪🇨 Ecuador337K
🇨🇲 Cameroon300K
🇳🇬 Nigeria280K
🇧🇷 Brazil274K
🇵🇪 Peru171K
🇩🇴 Dominican Republic76K
🌍 Other386K

With 2.2 million tonnes of cocoa in 2022, Côte d’Ivoire is the world’s largest producer, accounting for a third of the global total.

For many reasons, the cocoa trade in Côte d’Ivoire and Western Africa has been controversial. Often, farmers make about 5% of the retail price of a chocolate bar, and earn $1.20 each day. Adding to this, roughly a third of cocoa farms operate on forests that are meant to be protected.

As the third largest producer, Indonesia produced 667,000 tonnes of cocoa with the U.S., Malaysia, and Singapore as major importers. Overall, small-scale farmers produce 95% of cocoa in the country, but face several challenges such as low pay and unwanted impacts from climate change. Alongside aging trees in the country, these setbacks have led productivity to decline.

In South America, major producers include Ecuador and Brazil. In the early 1900s, Ecuador was the world’s largest cocoa producing country, however shifts in the global marketplace and crop disease led its position to fall. Today, the country is most known for its high-grade single-origin chocolate, with farms seen across the Amazon rainforest.

Altogether, global cocoa production reached 6.5 million tonnes, supported by strong demand. On average, the market has grown 3% annually over the last several decades.

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