Saudi oil giant Aramco is the most profitable company in the world, with profits over the last 12 months coming in at $279.4 billion, according to the Companies Market Cap assessments. The oil behemoth’s profits over the previous 12 months, totaling $279.4 billion, are equivalent to Apple, Microsoft, and Alphabet, Google’s parent company.
Apple, the largest company in the world by market capitalization, came in second on the profitability index with profits of $120.5 billion for the fiscal year that ended in June of 2017. Alphabet, which had profits of $85.7 billion, came in second.
Meanwhile, after recording profits of $83.7 billion, Microsoft fell short by a slight margin.
Aramco’s three closest rivals’ profits were roughly $289.9 billion, which is only $10 billion less than the profits of the biggest oil business in the world. ExxonMobil placed eighth with $54.8 billion in profits, followed by Shell in ninth with $54.4 billion.
In terms of the most profitable oil corporations worldwide, excluding Aramco, ExxonMobil was in the top five for the second quarter, followed by Chevron, Shell, Britain’s BP, and France’s Total.
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