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Ranked: Top U.S. Companies, by Profit per Employee

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Ranked: Top U.S. Companies, by Profit per Employee

Ranked: Top U.S. Companies, by Profit per Employee

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.

Which companies and industries rake in the most profit per employee?

In this graphic, we use data from AgencyReviews.io to rank the top 25 U.S. companies by the profit they generate per employee. The figures come from a December 2023 report.

Why is Profit per Employee Important?

Profit per employee is calculated by dividing a company’s yearly profit by its full-time staff.

Consequently, high profit per employee usually signals financial success, efficient human resource management, and an industry that creates a high amount of leverage per team member.

Energy companies dominate our ranking, suggesting they have relatively small workforces for the amount of money they earn.

RankCompanyIndustryProfit per employee
1ConocoPhillipsEnergy$1,970,000
2Fannie MaeFinancials$1,510,000
3Freddie MacFinancials$1,190,000
4ValeroEnergy$1,180,000
5Occidental PetroleumEnergy$1,110,000
6Cheniere EnergyEnergy$921,000
7ExxonMobilEnergy$899,000
8Phillips 66Energy$848,000
9Marathon PetroleumEnergy$815,000
10ChevronEnergy$809,000
11PBF EnergyEnergy$798,000
12Enterprise ProductsEnergy$752,000
13AppleTech$609,000
14BroadcomTech$575,000
15HF SinclairEnergy$560,000
16D. R. HortonConstruction$433,000
17AIGFinancials$392,000
18LennarConstruction$384,000
19Energy TransferEnergy$379,000
20PfizerHealthcare$378,000
21NetflixTech$351,000
22MicrosoftTech$329,000
23AlphabetTech$315,000
24MetaTech$268,000
25QualcommTech$254,000

The list includes 12 energy companies (48%), seven tech companies (28%), three finance companies (12%), two construction companies (8%), and one healthcare company (4%).

At the top of the list is ConocoPhillips, one of the world’s largest public energy companies, with operations in over a dozen countries. The company generated almost $2 million in profit per employee with its 9,800 workers.

In second and third places are Fannie Mae and Freddie Mac, government-sponsored enterprises that buy and guarantee mortgages to promote liquidity in the housing market.

Surprisingly, ConocoPhillips generated more than three times the profit per employee compared to the first tech company on the list, Apple (13th).

Traditionally a significant employer, the construction industry is represented by D.R. Horton and Lennar, the two largest homebuilders by volume in the United States.

A Steep Drop From the Top

In total, the top 25 U.S. companies generated a profit of $536.7 billion, with an average profit per employee standing at $490,660.

That said, the top 10 within this cohort boasted an average profit per employee of $1.13 million, while the bottom 10 companies sit at an average of $348,300.

Of course, companies not making the ranking would have even more modest numbers. For example, it’s estimated that Starbucks makes around $80,000 per employee, and Coca-Cola makes around $100,000 per employee.

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Energy

Visualized: Renewable Energy Capacity Through Time (2000–2023)

This streamgraph shows the growth in renewable energy capacity by country and region since 2000.

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The preview image for a streamgraph showing the change in renewable energy capacity over time by country and region.

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The following content is sponsored by National Public Utilities Council

Visualized: Renewable Energy Capacity Through Time (2000–2023)

Global renewable energy capacity has grown by 415% since 2000, or at a compound annual growth rate (CAGR) of 7.4%.

However, many large and wealthy regions, including the United States and Europe, maintain lower average annual renewable capacity growth.

This chart, created in partnership with the National Public Utilities Council, shows how each world region has contributed to the growth in renewable energy capacity since 2000, using the latest data release from the International Renewable Energy Agency (IRENA).

Renewable Energy Trends in Developed Economies

Between 2000 and 2023, global renewable capacity increased from 0.8 to 3.9 TW. This was led by China, which added 1.4 TW, more than Africa, Europe, and North America combined. Renewable energy here includes solar, wind, hydro (excluding pumped storage), bioenergy, geothermal, and marine energy.

During this period, capacity growth in the U.S. has been slightly faster than what’s been seen in Europe, but much slower than in China. However, U.S. renewable growth is expected to accelerate due to the recent implementation of the Inflation Reduction Act.

Overall, Asia has shown the greatest regional growth, with China being the standout country in the continent.

Region2000–2023 Growth10-Year Growth (2013–2023)1-Year Growth (2022–2023)
Europe313%88%10%
China1,817%304%26%
United States322%126%9%
Canada57%25%2%

It’s worth noting that Canada has fared significantly worse than the rest of the developed world since 2000 when it comes to renewable capacity additions. Between 2000 and 2023, the country’s renewable capacity grew only by 57%.  

Trends in Developing Economies

Africa’s renewable capacity has grown by 184% since 2000 with a CAGR of 4%. 

India is now the most populous country on the planet, and its renewable capacity is also rapidly growing. From 2000–2023, it grew by 604%, or a CAGR of 8%.

It is worth remembering that energy capacity is not always equivalent to power generation. This is especially the case for intermittent sources of energy, such as solar and wind, which depend on natural phenomena.

Despite the widespread growth of renewable energy worldwide, IRENA emphasizes that global renewable generation capacity must triple from its 2023 levels by 2030 to meet the ambitious targets set by the Paris Agreement.

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