The Most Efficient Companies and Sectors in the World, According to 2023 Profit Per Employee Rankings

Mihai-Alexandru Cristea 10/01/2024 | 17:19
In 2023, Energi Danmark Group led the global efficiency race with a staggering $5.7 million profit per employee. Following closely in this high-stakes game are Saudi Aramco and ConocoPhillips, with profits of $2.3 million and $2 million per employee, respectively. 

 

This impressive performance is part of a larger narrative. The world’s top 500 companies have collectively garnered a monumental $2.9 trillion in profit. With a collective workforce exceeding 700 million, these titans of industry average a profit of $41.3K per employee. This year’s analysis also uncovers the sectors leading in efficiency: Household Products, Energy, and Technology. Each of these sectors showcases remarkable profit per employee averages of $89.82K, $80.51K, and $76.58K, respectively, reflecting a diverse spectrum of industry prowess.

This detailed data, part of an in-depth study by agencyreviews.io, offers a panoramic view of global corporate efficiency, ranking the largest companies and sectors by profit per employee in 2023.In the fiscal year ending March 31, 2023, the world’s top 500 companies collectively raked in a staggering $41 trillion in revenue, yielding a formidable $2.9 trillion in profit. With a workforce exceeding the 700 million mark, the average profit per employee across these giants currently stands at $41.3K. Yet, the efficiency game is dominated by the Energi Danmark Group who set an unparalleled benchmark at $5.7 million in profit per employee.

By diving deeper, our study reveals sectors that stand out for their prowess: Household Products, Energy, and Technology lead the pack with an average profit per employee of $89.82K, $80.51K, and $76.58K, respectively.

 

World’s Best 5 Companies Ranked by Profit per Employee, 2023

The world’s top companies in 2023 showcase a diverse spectrum of profitability per employee. Energi Danmark Group easily secures the top spot globally, boasting an impressive $5.7 million profit per employee, cementing its lead in the energy sector. Saudi Aramco and ConocoPhillips follow closely behind with $2.3 million and $2 million per employee, respectively.

Fannie Mae in the Financials sector and Rajesh Exports in Wholesale also exhibit robust profits per employee at $1.6 million and $1.3 million.

  1. Energi Danmark Group: Leading the pack in the Energy sector, Energi Danmark Group showcases a total profit of $1.3B, achieved with just 220 employees, resulting in an extraordinary $5.7M profit per employee.
  2. Saudi Aramco: In the Energy sector, Saudi Aramco, with a substantial total profit of $159.1B and 70,496 employees, secures a remarkable $2.3M profit per employee.
  3. ConocoPhillips: ConocoPhillips, another major player in Energy, earns $18.7B in total profits from 9,500 employees, culminating in an impressive $2M profit per employee.
  4. Fannie Mae: Standing out in the Financials sector, Fannie Mae achieves a total profit of $12.9B with 8,000 employees, translating to a robust $1.6M profit per employee.
  5. Rajesh Exports: In the Wholesaler sector, Rajesh Exports, with a total profit of $200M from 135 employees, delivers an exceptional $1.3M profit per employee.

 

Top 10 Sectors with the Highest Profit per Employee, 2023

In 2023, the global business landscape witnessed sectors achieving varying levels of efficiency in workforce utilization. Notably, Household Products, Energy, and Technology emerged as top performers, setting impressive benchmarks with average profits per employee of $89.82k, $80.51k, and $76.58k, respectively.

Despite being the most represented globally, the Financial sector showcased remarkable efficiency, generating an impressive $668.6 billion in profit with an average profit per employee of $62,000, easily surpassing the global average of $41.3k.

These sectors not only exemplify profitability but also underscore their pivotal roles in shaping the dynamics of global economic success in 2023.

  1. Household Products (Avg Profit/Employee: $89.82k): Leading the pack, this sector, with three key players, contributed 0.99% to the total profit, highlighting its efficiency in utilizing a workforce of 320.43 thousand employees.
  2. Energy (Avg Profit/Employee: $80.51k): Dominating with 88 companies, the energy sector secured 24.56% of the total profit, emphasizing its pivotal role in global profitability with 8.8 million employees.
  3. Technology (Avg Profit/Employee: $76.58k): With 35 companies, the technology sector demonstrated its prowess, contributing 15.54% to the total profit and employing 5.9 million individuals.
  4. Healthcare (Avg Profit/Employee: $69.43k): Boasting 30 companies, the healthcare sector showcased successful stability, contributing 7.51% to the total profit with 3.1 million employees.
  5. Financials (Avg Profit/Employee: $62.02k): With 101 companies, the financial sector played a significant role, contributing 23.07% to the total profit pool, employing 10.8 million individuals.
  6. Apparel (Avg Profit/Employee: $46.76k): Despite having only two companies, the apparel sector made a notable impact, contributing 0.42% to the total profit with a workforce of 259.7 thousand employees.
  7. Food, Beverages and Tobacco (Avg Profit/Employee: $36.41k): Represented by 17 companies, this sector contributed 2.68% to the total profit, employing 2.1 million individuals.
  8. Transportation (Avg Profit/Employee: $31.03k): With 22 companies, the transportation sector showcased resilience, contributing 5.54% to the total profit, with a workforce of 5.2 million employees.
  9. Wholesaler (Avg Profit/Employee: $29.65k): Represented by 25 companies, the wholesaler sector made a modest impact, contributing 1.77% to the total profit pool, employing 1.7 million individuals.
  10. Chemicals (Avg Profit/Employee: $27.66k): With 14 companies, the chemicals sector demonstrated steady efficiency, contributing 0.90% to the total profit, with a workforce of 941.62 thousand employees.
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Mihai-Alexandru Cristea | 12/04/2024 | 17:28
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