The Fortune 500 Companies Earning The Most (And Least) Profit Per Worker


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  • Out of the Fortune 500, eight oil companies have the highest profits per worker, with Diamondback energy earning an eye-watering $4.5 million per employee
  • Of the Fortune 100 mioil companies, Fannie earns the most per employee, with Apple earning the most in tech, almost double Microsoft and Alphabet, and over double compared to Meta, respectively
  • The average Fortune 500 company earns $180,000 profit per employee

At the Australian Financial Review Property Summit, multi-millionaire CEO Tim Gurner sparked global backlash after saying that“unemployment has to jump by 40-50 percent” and“we need to see pain in the economy” to reduce“arrogance in the employment market.”

But the comments have been met with responses pointing out that while company profits and productivity have largely risen, worker pay has climbed much slower while the cost-of-living crisis continues to bite households.

In response, B2B Marketplace DesignRush recently looked at the biggest U.S. companies by revenue, also known as the Fortune 500, and analyzed which earn the most and least profit per employee.

Fortune 500 Companies With The Highest And Lowest Profit Per Employee

Taking a list of the 500 largest U.S. companies by revenue, according to Fortune, each company was ranked according to the highest profit gained per employee.

Eight of the top ten are energy and crude oil production companies, which have seen record profits during the pandemic and cost-of-living crisis.

Companies with the highest profit per employee:

Company

Annual profit

Employees

Profit per employee

Diamondback Energy

$4.4 billion

972

$4.5 million

Chesapeake Energy

$4.9 billion

1,200

$4.1 million

Pioneer Natural Resources

$7.8 billion

2,076

$3.7 million

Devon Energy

$6 billion

1,800

$3.3 million

Coterra Energy

$4 billion

1,225

$3.3 million

Continental Resources

$4 billion

1,404

$2.8 million

EOG Resources

$7.7 billion

2,850

$2.7 million

EQT

$1.7 billion

744

$2.4 million

Marathon Oil

$3.6 billion

1,570

$2.3 million

Moderna

$8.3 billion

3,900

$2.1 million

Diamondback Energy Inc (NASDAQ:FANG) earns the most profit per employee in the U.S., with an eye-watering $4.5 million made for each of its 972 employees.

Five companies are based in Texas and three in Oklahoma, with EQT Corp (NYSE:EQT) in Pennsylvania and Moderna Inc (NASDAQ:MRNA) in Massachusetts.

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The top ten are among the Fortune 500 companies earning the highest profits as a percentage of sales.

Data shows the average Fortune 500 company earns $180,000 profit per employee.

Companies With The Lowest Profit Per Employee

Company

Annual profit

Employees

Profit per employee

Performance Food Group

$113 million

34,825

$3,244

Goodyear Tire & Rubber

$202 million

74,000

$2,729

Salesforce

$208 million

79,390

$2,619

Lear

$328 million

168,700

$1,944

ABM Industries

$230 million

127,000

$1,811

GXO Logistics

$197 million

112,000

$1,758

Yum China Holdings

$442 million

275,000

$1,604

General Electric

$225 million

172,000

$1,308

American Airlines Group

$127 million

129,700

$979

Aramark

$195 million

273,875

$712

Of the 446 companies that made a profit for FY23, three earning the lowest profit per employee rank in the top 100 U.S. by annual revenue: General Electric(NYSE:GE), American Airlines Group Inc (NASDAQ:AAL), and Performance Food Group(NYSE:PFGC).

Fortune 100 Companies Earning The Highest Profit-Per-Employee

Company

Annual profit

Employees

Profit per employee

Fannie

$12.9 billion

8,000

$1.6 million

Freddie Mac

$9.3 billion

7,819

$1.2 million

Apple

$99.8 billion

164,000

$608,554

American International Group

$10.2 billion

26,200

$392,213

Pfizer

$31.3 billion

83,000

$377,975

Microsoft

$72.7 billion

221,000

$329,131

Alphabet

$59.9 billion

190,234

$315,253

Meta Platforms

$23.2 billion

86,482

$268,263

Qualcomm

$12.9 billion

51,000

$253,647

AbbVie

$11.8 billion

50,000

$236,720

Among the Fortune 100 (oil production, energy, and pipeline companies removed), the Federal National Mortgage Association, also known as Fannie Mae, earns the highest profit per employee of $1.6 million.

The top two companies, Fannie (OTCMKTS:FNMA) and Freddie Mac (OTCMKTS:FMCC), are government-sponsored.

Apple earns the highest profit per employee in the technology sector, almost double that of its closest competitors, Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOGL), and over double compared to Meta.

Tech companies swept the rankings, with five appearing in the top ten.

Pfizer, commonly known for developing COVID-19 vaccines, earns the most out of the pharmaceutical companies in the Fortune 100.

Gianluca Ferruggia, General Manager at DesignRush , commented on the findings:“At a time with mass layoffs, job uncertainty, and a tug-of-war between CEOs and workers, it is staggering to see the profits made by the highest-earning companies, with some making huge amounts per employee on payroll. It should be noted that other factors influence profit beyond employee efforts, such as global events, economic outlook, brand image, reputation, and marketing.

That is especially true considering the huge difference in energy and oil companies' profits compared to the average. So, while profit per worker may not paint a full picture, it provides insight into the level of efficiency and productivity of these global brands during uncertain times.”

The study was conducted by DesignRush, which provides valuable data on relevant trends that help businesses make educated decisions coming from their years of experience in the B2B community.

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