29th March 2022
New data has revealed that finance ranks 1st for industries with highest profit per employee!
The study carried out by Tipalti looked at the companies on the Fortune 500 list alongside revenue to calculate how much profit is made per employee in these companies and sectors.
Please find the full research here: https://tipalti.com/profit-per-employee/
The financial industry is the sector with the highest average profit per employee. Infact, it tops the list for the highest profit per employee, with an average of $78,073.
Unsurprisingly technology also follows closely behind and ranks very highly, with an average profit per employee of $77,961.
On the other hand, energy companies had a huge loss of $78,123 per employee. They were one of only three sectors that had a negative profit/loss ratio per employee in the past year, with the others being the transportation and hospitality sectors.
Top 10 sectors with most profit per employee
|
Rank |
Sector |
Average profit |
Average no. of employees |
Average profit per employee |
|
1 |
Financials |
$2.6bn |
33,182 |
$78,073 |
|
2 |
Technology |
$2.9bn |
36,898 |
$77,961 |
|
3 |
Food, beverages & tobacco |
$1.4bn |
30,731 |
$44,422 |
|
4 |
Household products |
$927m |
23,793 |
$38,962 |
|
5 |
Telecommunications |
$3.0bn |
79,318 |
$38,063 |
|
6 |
Health care |
$1.5bn |
40,363 |
$35,994 |
|
7 |
Business services |
$761.2m |
26,560 |
$28,659 |
|
8 |
Engineering & construction |
$372.5m |
13,649 |
$27,288 |
|
9 |
Chemicals |
$466.2m |
17,110 |
$27,247 |
|
10 |
Industrials |
$750.5m |
28,298 |
$26,520 |
The study also looked at the companies that make the most profit per employee. Air Lease ranked first, with more than $4.3 million of profit per employee.
Apple is the company with the highest profit overall, at $57.4bn. However the tech giant only ranks 20th for most profit per employee due to them having 147,000 employees. This equates to $390,551 of profit per employee.
Top 10 companies with most profit per employee:
|
Rank |
Company |
Sector |
Profit |
No. of employees |
Profit per employee |
|
1 |
Air Lease |
Business services |
$516.3m |
120 |
$4,302,500 |
|
2 |
Fannie Mae |
Financials |
$11.8bn |
7,700 |
$1,533,117 |
|
3 |
KKR |
Financials |
$2.0bn |
1,583 |
$1,265,003 |
|
4 |
NortonLifeLock |
Technology |
$3.9bn |
3,600 |
$1,079,722 |
|
5 |
Freddie Mac |
Financials |
$7.3bn |
6,922 |
$1,058,365 |
|
6 |
Vertex Pharmaceuticals |
Health care |
$2.7bn |
3,400 |
$797,529 |
|
7 |
Altria Group |
Food, beverages & tobacco |
$4.5bn |
7,100 |
$629,155 |
|
8 |
Visa |
Business services |
$10.9bn |
20,500 |
$530,049 |
|
9 |
Enterprise Product Partners |
Energy |
$3.8bn |
7,130 |
$529,537 |
|
10 |
Western Midstream Partners |
Energy |
$527m |
1,045 |
$504,306 |
This is the link to the full research: https://tipalti.com/profit-per-employee/