Most Profitable US Companies in 2027

Reported TTM snapshot Separate 2027 model

The quick answer

The most profitable U.S. public company in this July 2026 snapshot is Alphabet. Its trailing-12-month net income is approximately $160.2B, only $0.6B ahead of NVIDIA. Microsoft, Apple and Amazon complete the top five.

The more striking result is concentration: the current top 10 account for 61.8% of the combined profit earned by this 50-company cohort. Profit leadership is therefore much narrower than a list of 50 names might suggest.

Current leader$160.2B

Alphabet

Top-50 TTM total$1539.5B

Same-cohort snapshot

2027 outlook leader$228.7B

NVIDIA

Valid 2027 outlooks49/50

50/50 forecast pages retrieved

Current top 10 by TTM net income

#1 Alphabet$160.2B

#2 NVIDIA$159.6B

#3 Microsoft$125.2B

#4 Apple$122.6B

#5 Amazon$90.8B

#6 Berkshire Hathaway$72.5B

#7 Meta Platforms$70.6B

#8 JPMorgan Chase$65.1B

#9 Micron Technology$50.5B

#10 Bank of America$33.7B

What "most profitable" means here

This article ranks companies by absolute net income in U.S. dollars. It does not rank by revenue, market capitalization, operating income, EBITDA or profit margin. Investor.gov defines net income as the profit remaining after expenses and taxes. That makes it a useful bottom-line measure, but it is still shaped by accounting judgments, taxes, investment gains, impairments and one-time events.

Revenue

Sales before operating expenses, interest and taxes. The biggest revenue company does not have to be the most profitable.

Net income

Bottom-line accounting profit after costs and taxes. This is the ranking metric used for the 2026 table.

Profit margin

Net income divided by revenue. It measures efficiency as a percentage, not the total dollars earned.

Cash flow

Cash generated or used after noncash items and working-capital movements. It can diverge sharply from net income.

How the 2026 ranking was assembled

The July 15 FinanceCharts U.S. screener supplied the top-50 U.S. public-company cohort.
TickerLeague supplied newer TTM values, period ends and report dates where its July 16 top-100 extract covered a cohort member.
Exxon Mobil used its FinanceCharts TTM page because it was not present in the TickerLeague extract.
The 50 companies were re-ranked after the refresh. Duplicate share classes and foreign-domiciled issuers were not added.

How the 2027 outlook was built

Two transparent paths: if the public forecast page already labels the current estimate fiscal 2027, the table uses that GAAP net-income estimate directly. Otherwise, the TimeTrex scenario is current-fiscal-year GAAP net-income estimate x (next-fiscal-year adjusted EPS consensus / current-fiscal-year adjusted EPS consensus).

StockAnalysis identifies S&P Global Market Intelligence as the provider of its public financial forecasts. Because adjusted EPS and GAAP net income are different measures, the scaled values are illustrative scenarios. The combined table is not direct consensus GAAP net income. Values are rounded to the nearest $0.1 billion.

A model is withheld when the GAAP net-income or EPS base is zero or negative. That prevents a loss-to-profit sign change from producing a misleading positive-dollar forecast.

Fiscal calendars are not aligned. The exact fiscal period end is shown for every valid outlook, and a fiscal-2027 label can end in January, June, September or December. This is why the section is called a 2027 outlook, not a standardized calendar-year consensus table.

Current ranking

The 50 most profitable U.S. public companies in 2026

The ranking is a rolling snapshot. Companies that reported in mid-July may have a more recent TTM period than companies whose next quarterly release arrives later. Use the period column and snapshot date together.

Current trailing-12-month net income, refreshed July 16, 2026. Company links open their public forecast pages. The 2027 rank is within this same 50-company cohort.
2026 rank	Company	Sector	TTM net income	Latest period	2027 outlook rank	Rank change
#1	Alphabet GOOGL	Communication Services	$160.2B	Mar 31, 2026	#2	Down 1
#2	NVIDIA NVDA	Information Technology	$159.6B	Apr 26, 2026	#1	Up 1
#3	Microsoft MSFT	Information Technology	$125.2B	Mar 31, 2026	#4	Down 1
#4	Apple AAPL	Information Technology	$122.6B	Mar 28, 2026	#5	Down 1
#5	Amazon AMZN	Consumer Discretionary	$90.8B	Mar 31, 2026	#6	Down 1
#6	Berkshire Hathaway BRK.B	Financials	$72.5B	Mar 31, 2026	#10	Down 4
#7	Meta Platforms META	Communication Services	$70.6B	Mar 31, 2026	#7	No change
#8	JPMorgan Chase JPM	Financials	$65.1B	Jun 30, 2026	#9	Down 1
#9	Micron Technology MU	Information Technology	$50.5B	May 28, 2026	#3	Up 6
#10	Bank of America BAC	Financials	$33.7B	Jun 30, 2026	#13	Down 3
#11	Broadcom AVGO	Information Technology	$29.3B	May 3, 2026	#8	Up 3
#12	Exxon Mobil XOM	Energy	$25.3B	Mar 31, 2026	#11	Up 1
#13	Eli Lilly LLY	Health Care	$25.3B	Mar 31, 2026	#12	Up 1
#14	Walmart WMT	Consumer Staples	$23.1B	Apr 30, 2026	#18	Down 4
#15	Wells Fargo WFC	Financials	$22.6B	Jun 30, 2026	#16	Down 1
#16	Visa V	Financials	$22.2B	Mar 31, 2026	#14	Up 2
#17	AT&T T	Communication Services	$21.4B	Mar 31, 2026	#27	Down 10
#18	Johnson & Johnson JNJ	Health Care	$21.0B	Mar 29, 2026	#17	Up 1
#19	Goldman Sachs GS	Financials	$21.0B	Jun 30, 2026	#19	No change
#20	Morgan Stanley MS	Financials	$20.2B	Jun 30, 2026	#22	Down 2
#21	Comcast CMCSA	Communication Services	$18.8B	Mar 31, 2026	#42	Down 21
#22	Citigroup C	Financials	$17.8B	Jun 30, 2026	#20	Up 2
#23	Verizon Communications VZ	Communication Services	$17.3B	Mar 31, 2026	#21	Up 2
#24	Oracle ORCL	Information Technology	$17.1B	May 31, 2026	#24	No change
#25	Procter & Gamble PG	Consumer Staples	$16.7B	Mar 31, 2026	#28	Down 3
#26	Mastercard MA	Financials	$15.6B	Mar 31, 2026	#23	Up 3
#27	Home Depot HD	Consumer Discretionary	$14.0B	May 3, 2026	#31	Down 4
#28	Coca-Cola KO	Consumer Staples	$13.7B	Apr 3, 2026	#30	Down 2
#29	Netflix NFLX	Communication Services	$13.4B	Mar 31, 2026	#29	No change
#30	Allstate ALL	Financials	$12.2B	Mar 31, 2026	#49	Down 19
#31	UnitedHealth Group UNH	Health Care	$12.0B	Mar 31, 2026	#26	Up 5
#32	Cisco Systems CSCO	Information Technology	$12.0B	Apr 25, 2026	#32	No change
#33	Progressive PGR	Financials	$11.7B	Jun 30, 2026	#47	Down 14
#34	Walt Disney DIS	Communication Services	$11.2B	Mar 28, 2026	#41	Down 7
#35	American Express AXP	Financials	$11.2B	Mar 31, 2026	#36	Down 1
#36	Philip Morris International PM	Consumer Staples	$11.1B	Mar 31, 2026	#38	Down 2
#37	Chevron CVX	Energy	$11.0B	Mar 31, 2026	#15	Up 22
#38	T-Mobile US TMUS	Communication Services	$10.5B	Mar 31, 2026	#33	Up 5
#39	PepsiCo PEP	Consumer Staples	$10.5B	Jun 13, 2026	#40	Down 1
#40	Qualcomm QCOM	Information Technology	$9.9B	Mar 29, 2026	#34	Up 6
#41	Caterpillar CAT	Industrials	$9.4B	Mar 31, 2026	#35	Up 6
#42	Charles Schwab SCHW	Financials	$9.4B	Mar 31, 2026	#39	Up 3
#43	GE Vernova GEV	Industrials	$9.4B	Mar 31, 2026	#37	Up 6
#44	Gilead Sciences GILD	Health Care	$9.2B	Mar 31, 2026	Not modeled	Not modeled
#45	Merck MRK	Health Care	$8.9B	Mar 31, 2026	#25	Up 20
#46	Costco Wholesale COST	Consumer Staples	$8.8B	May 10, 2026	#45	Up 1
#47	McDonald's MCD	Consumer Discretionary	$8.7B	Mar 31, 2026	#46	Up 1
#48	GE Aerospace GE	Industrials	$8.6B	Mar 31, 2026	#44	Up 4
#49	IBM IBM	Information Technology	$8.6B	Jun 30, 2026	#43	Up 6
#50	Uber Technologies UBER	Industrials	$8.5B	Mar 31, 2026	#48	Up 2

Why the current top 10 generate so much profit

Scale alone is not the answer. The top 10 combine recurring digital economics, high-value infrastructure, financial intermediation, platform effects or diversified capital. Their risks are just as different as their profit engines.

Alphabet GOOGL

Communication Services

Current TTM profit$160.2B

2027 modeled outlook$178.3B

Projected cohort rank#2

Profit engine: Alphabet combines a very large advertising engine with cloud and subscription businesses. Its current lead is an absolute-dollar result, not a claim that it has the highest profit margin.

What could change the result: Watch AI infrastructure spending, search economics, cloud margins and regulatory outcomes. Heavy capital spending can support future growth while reducing near-term cash conversion.

Review the public analyst forecast page

NVIDIA NVDA

Information Technology

Current TTM profit$159.6B

2027 modeled outlook$228.7B

Projected cohort rank#1

Profit engine: NVIDIA is the clearest example of operating leverage in the 2026 ranking: exceptional demand for accelerated computing has turned revenue growth into extraordinary dollar profit.

What could change the result: The modeled leap is also the least safe number to treat as a straight line. Product cycles, supply, customer concentration, export controls and hyperscaler capital budgets can move the result quickly.

Review the public analyst forecast page

Microsoft MSFT

Information Technology

Current TTM profit$125.2B

2027 modeled outlook$148.8B

Projected cohort rank#4

Profit engine: Microsoft pairs recurring software economics with cloud scale. That mix supports durable profit even as the company commits more capital to data centers and AI infrastructure.

What could change the result: Its fiscal year ends in June, so Microsoft cannot be compared with a December-year company without checking the period labels. Cloud growth, depreciation and AI monetization are central variables.

Review the public analyst forecast page

Apple AAPL

Information Technology

Current TTM profit$122.6B

2027 modeled outlook$141.6B

Projected cohort rank#5

Profit engine: Apple converts a huge installed base, premium hardware and a growing services mix into one of the largest profit pools in corporate history.

What could change the result: Product cycles, services regulation, geographic demand and supply-chain execution matter. Buybacks also affect EPS growth, which is why the TimeTrex outlook is not presented as direct net-income consensus.

Review the public analyst forecast page

Amazon AMZN

Consumer Discretionary

Current TTM profit$90.8B

2027 modeled outlook$108.4B

Projected cohort rank#6

Profit engine: Amazon shows why revenue rank and profit rank are different. Retail creates massive scale, while AWS, advertising and tighter fulfillment economics contribute disproportionate operating profit.

What could change the result: Cloud demand, retail efficiency, delivery investment and competitive pricing can shift the conversion from revenue to net income.

Review the public analyst forecast page

Berkshire Hathaway BRK.B

Financials

Current TTM profit$72.5B

2027 modeled outlook$48.5B

Projected cohort rank#10

Profit engine: Berkshire Hathaway spans insurance, rail, energy, manufacturing and a large investment portfolio. Its GAAP profit can move sharply when unrealized investment gains and losses pass through earnings.

What could change the result: Compare GAAP net income with operating earnings and cash generation. The modeled outlook is especially fragile for Berkshire because market marks can overwhelm changes in the operating businesses.

Review the public analyst forecast page

Meta Platforms META

Communication Services

Current TTM profit$70.6B

2027 modeled outlook$96.2B

Projected cohort rank#7

Profit engine: Meta turns global advertising scale into high dollar profit while funding AI systems, recommendation engines and long-horizon platform bets.

What could change the result: Advertising demand, infrastructure depreciation, regulation and the pace of spending outside the core apps are the major swing factors.

Review the public analyst forecast page

JPMorgan Chase JPM

Financials

Current TTM profit$65.1B

2027 modeled outlook$67.7B

Projected cohort rank#9

Profit engine: JPMorgan Chase benefits from scale across consumer banking, cards, commercial banking, markets and asset management. The July snapshot also reflects a more recently reported quarter than many nonfinancial peers.

What could change the result: Net interest income, credit losses, trading activity, reserve decisions and capital rules can all change bank earnings faster than a simple growth trend suggests.

Review the public analyst forecast page

Micron Technology MU

Information Technology

Current TTM profit$50.5B

2027 modeled outlook$169.0B

Projected cohort rank#3

Profit engine: Micron is the standout rank-mover in the model. AI-server memory demand and a powerful pricing cycle can create enormous operating leverage from a much smaller current profit base.

What could change the result: Memory is cyclical. Pricing, capacity additions, product mix and customer inventories make this one of the highest-upside and highest-uncertainty projections in the table.

Review the public analyst forecast page

Bank of America BAC

Financials

Current TTM profit$33.7B

2027 modeled outlook$37.2B

Projected cohort rank#13

Profit engine: Bank of America has a broad deposit base and major consumer, wealth and markets businesses. Its current result moved higher after the July quarterly update.

What could change the result: The rate path, deposit pricing, credit quality, securities marks and regulatory capital requirements are the key earnings sensitivities.

Review the public analyst forecast page

TimeTrex illustrative model

Projected 2027 profit ranking for the same 50-company cohort

The outlook puts NVIDIA first at approximately $228.7B. Alphabet and Micron Technology follow. The values mix direct fiscal-2027 GAAP net-income estimates with explicitly labeled TimeTrex scenarios, all based on a July 16 estimate snapshot. They are not promises, audited results or investment recommendations.

Top 10 in the 2027 model

#1 NVIDIA$228.7B

#2 Alphabet$178.3B

#3 Micron Technology$169.0B

#4 Microsoft$148.8B

#5 Apple$141.6B

#6 Amazon$108.4B

#7 Meta Platforms$96.2B

#8 Broadcom$74.1B

#9 JPMorgan Chase$67.7B

#10 Berkshire Hathaway$48.5B

The projection bridge identifies whether the value is a direct fiscal-2027 net-income estimate or a TimeTrex EPS-scaled scenario. The period-end column keeps each company's fiscal calendar visible. All 50 current-cohort companies are shown; unavailable projections appear last.
2027 outlook rank	Company	Baseline FY estimate	Projection bridge	2027 outlook	Fiscal period end	Move vs 2026
#1	NVIDIA NVDA	$228.7B	Direct FY2027 net-income estimate	$228.7B	Jan 31, 2027	Up 1
#2	Alphabet GOOGL	$173.8B	+2.5% adjusted EPS	$178.3B	Dec 31, 2027	Down 1
#3	Micron Technology MU	$82.8B	+104.1% adjusted EPS	$169.0B	Aug 31, 2027	Up 6
#4	Microsoft MSFT	$129.2B	+15.1% adjusted EPS	$148.8B	Jun 30, 2027	Down 1
#5	Apple AAPL	$128.9B	+9.8% adjusted EPS	$141.6B	Sep 30, 2027	Down 1
#6	Amazon AMZN	$95.4B	+13.7% adjusted EPS	$108.4B	Dec 31, 2027	Down 1
#7	Meta Platforms META	$84.6B	+13.7% adjusted EPS	$96.2B	Dec 31, 2027	No change
#8	Broadcom AVGO	$44.4B	+67.0% adjusted EPS	$74.1B	Oct 31, 2027	Up 3
#9	JPMorgan Chase JPM	$66.0B	+2.7% adjusted EPS	$67.7B	Dec 31, 2027	Down 1
#10	Berkshire Hathaway BRK.B	$46.6B	+4.2% adjusted EPS	$48.5B	Dec 31, 2027	Down 4
#11	Exxon Mobil XOM	$47.7B	-4.4% adjusted EPS	$45.6B	Dec 31, 2027	Up 1
#12	Eli Lilly LLY	$31.0B	+26.4% adjusted EPS	$39.2B	Dec 31, 2027	Up 1
#13	Bank of America BAC	$32.9B	+13.3% adjusted EPS	$37.2B	Dec 31, 2027	Down 3
#14	Visa V	$24.4B	+13.1% adjusted EPS	$27.6B	Sep 30, 2027	Up 2
#15	Chevron CVX	$28.4B	-11.0% adjusted EPS	$25.3B	Dec 31, 2027	Up 22
#16	Wells Fargo WFC	$22.1B	+10.2% adjusted EPS	$24.3B	Dec 31, 2027	Down 1
#17	Johnson & Johnson JNJ	$22.1B	+10.1% adjusted EPS	$24.3B	Dec 31, 2027	Up 1
#18	Walmart WMT	$23.1B	Direct FY2027 net-income estimate	$23.1B	Jan 31, 2027	Down 4
#19	Goldman Sachs GS	$21.6B	+1.4% adjusted EPS	$21.9B	Dec 31, 2027	No change
#20	Citigroup C	$18.9B	+15.4% adjusted EPS	$21.8B	Dec 31, 2027	Up 2
#21	Verizon Communications VZ	$19.9B	+6.5% adjusted EPS	$21.2B	Dec 31, 2027	Up 2
#22	Morgan Stanley MS	$20.4B	+3.8% adjusted EPS	$21.2B	Dec 31, 2027	Down 2
#23	Mastercard MA	$17.1B	+15.9% adjusted EPS	$19.8B	Dec 31, 2027	Up 3
#24	Oracle ORCL	$19.0B	Direct FY2027 net-income estimate	$19.0B	May 31, 2027	No change
#25	Merck MRK	$5.3B	+249.9% adjusted EPS	$18.4B	Dec 31, 2027	Up 20
#26	UnitedHealth Group UNH	$15.6B	+13.9% adjusted EPS	$17.8B	Dec 31, 2027	Up 5
#27	AT&T T	$15.8B	+10.1% adjusted EPS	$17.4B	Dec 31, 2027	Down 10
#28	Procter & Gamble PG	$16.4B	+2.4% adjusted EPS	$16.8B	Jun 30, 2027	Down 3
#29	Netflix NFLX	$15.4B	+7.2% adjusted EPS	$16.5B	Dec 31, 2027	No change
#30	Coca-Cola KO	$14.1B	+6.6% adjusted EPS	$15.0B	Dec 31, 2027	Down 2
#31	Home Depot HD	$14.4B	Direct FY2027 net-income estimate	$14.4B	Jan 31, 2027	Down 4
#32	Cisco Systems CSCO	$12.8B	+12.0% adjusted EPS	$14.3B	Jul 31, 2027	No change
#33	T-Mobile US TMUS	$11.3B	+25.3% adjusted EPS	$14.1B	Dec 31, 2027	Up 5
#34	Qualcomm QCOM	$13.7B	+2.2% adjusted EPS	$14.0B	Sep 30, 2027	Up 6
#35	Caterpillar CAT	$11.3B	+23.0% adjusted EPS	$13.9B	Dec 31, 2027	Up 6
#36	American Express AXP	$12.0B	+14.1% adjusted EPS	$13.7B	Dec 31, 2027	Down 1
#37	GE Vernova GEV	$8.4B	+60.1% adjusted EPS	$13.5B	Dec 31, 2027	Up 6
#38	Philip Morris International PM	$12.3B	+8.5% adjusted EPS	$13.3B	Dec 31, 2027	Down 2
#39	Charles Schwab SCHW	$10.4B	+18.9% adjusted EPS	$12.4B	Dec 31, 2027	Up 3
#40	PepsiCo PEP	$10.8B	+4.9% adjusted EPS	$11.4B	Dec 31, 2027	Down 1
#41	Walt Disney DIS	$10.3B	+9.6% adjusted EPS	$11.3B	Sep 30, 2027	Down 7
#42	Comcast CMCSA	$10.4B	+6.2% adjusted EPS	$11.1B	Dec 31, 2027	Down 21
#43	IBM IBM	$9.3B	+9.2% adjusted EPS	$10.1B	Dec 31, 2027	Up 6
#44	GE Aerospace GE	$8.7B	+15.5% adjusted EPS	$10.1B	Dec 31, 2027	Up 4
#45	Costco Wholesale COST	$9.1B	+10.0% adjusted EPS	$10.1B	Aug 31, 2027	Up 1
#46	McDonald's MCD	$9.2B	+9.4% adjusted EPS	$10.0B	Dec 31, 2027	Up 1
#47	Progressive PGR	$10.4B	-5.7% adjusted EPS	$9.8B	Dec 31, 2027	Down 14
#48	Uber Technologies UBER	$6.0B	+33.1% adjusted EPS	$8.0B	Dec 31, 2027	Up 2
#49	Allstate ALL	$7.6B	-13.7% adjusted EPS	$6.5B	Dec 31, 2027	Down 19
Not modeled	Gilead Sciences GILD	$-3.4B	Suppressed: nonpositive base	Not available	Not available	Not modeled

The companies with the biggest modeled rank changes

Rank movement matters more than a tiny difference between two rounded dollar values. It shows where the current analyst growth signal is strong enough to reorder the same cohort.

Largest modeled rises

ChevronUp 22

#37 now to #15 in the modeled cohort.

$11.0B current TTM; $25.3B modeled outlook.

Upside signal: -11.0% adjusted EPS.

MerckUp 20

#45 now to #25 in the modeled cohort.

$8.9B current TTM; $18.4B modeled outlook.

Upside signal: +249.9% adjusted EPS.

Micron TechnologyUp 6

#9 now to #3 in the modeled cohort.

$50.5B current TTM; $169.0B modeled outlook.

Upside signal: +104.1% adjusted EPS.

QualcommUp 6

#40 now to #34 in the modeled cohort.

$9.9B current TTM; $14.0B modeled outlook.

Upside signal: +2.2% adjusted EPS.

CaterpillarUp 6

#41 now to #35 in the modeled cohort.

$9.4B current TTM; $13.9B modeled outlook.

Upside signal: +23.0% adjusted EPS.

GE VernovaUp 6

#43 now to #37 in the modeled cohort.

$9.4B current TTM; $13.5B modeled outlook.

Upside signal: +60.1% adjusted EPS.

Largest modeled declines

ComcastDown 21

#21 now to #42 in the modeled cohort.

$18.8B current TTM; $11.1B modeled outlook.

Downside or slower-growth signal: +6.2% adjusted EPS.

AllstateDown 19

#30 now to #49 in the modeled cohort.

$12.2B current TTM; $6.5B modeled outlook.

Downside or slower-growth signal: -13.7% adjusted EPS.

ProgressiveDown 14

#33 now to #47 in the modeled cohort.

$11.7B current TTM; $9.8B modeled outlook.

Downside or slower-growth signal: -5.7% adjusted EPS.

AT&TDown 10

#17 now to #27 in the modeled cohort.

$21.4B current TTM; $17.4B modeled outlook.

Downside or slower-growth signal: +10.1% adjusted EPS.

Walt DisneyDown 7

#34 now to #41 in the modeled cohort.

$11.2B current TTM; $11.3B modeled outlook.

Downside or slower-growth signal: +9.6% adjusted EPS.

Berkshire HathawayDown 4

#6 now to #10 in the modeled cohort.

$72.5B current TTM; $48.5B modeled outlook.

Downside or slower-growth signal: +4.2% adjusted EPS.

Watch the cutoff. This is a same-cohort forecast. A company outside the current top 50 can grow into the 2027 list. AMD is one plausible entrant based on public 2027 estimate pages, while companies near the current $8.5 billion cutoff can move out after one weaker quarter.

What the sector mix says about U.S. profit power

Information technology plus communication services generate about 55.7% of the current top-50 cohort's TTM net income. Financials contribute the largest number of companies, while energy, health care, consumer businesses and industrials show how different profit cycles can coexist in the same ranking.

Information Technology

9 companies$534.7B current TTM$819.6B modeled

Financials

13 companies$335.2B current TTM$332.5B modeled

Communication Services

8 companies$323.4B current TTM$366.1B modeled

Consumer Discretionary

3 companies$113.5B current TTM$132.9B modeled

Consumer Staples

6 companies$83.9B current TTM$89.7B modeled

Health Care

5 companies$76.5B current TTM$99.7B modeled

Energy

2 companies$36.3B current TTM$71.0B modeled

Industrials

4 companies$36.0B current TTM$45.5B modeled

AI infrastructure

NVIDIA, Microsoft, Alphabet, Amazon, Broadcom and Micron turn data-center demand into the largest modeled upside cluster. Capital intensity and customer budgets remain the counterweight.

Financial scale

Large banks and payment networks occupy many places because small percentage returns on enormous balance sheets and payment volumes can still produce tens of billions in profit.

Consumer reach

Walmart, Amazon, Apple, Coca-Cola, P&G, Costco and McDonald's demonstrate that the same dollar-profit list can include low-margin volume and high-margin ecosystems.

Cyclical exposure

Energy and memory profits can swing with commodity prices, capacity and inventory cycles. Berkshire's investment marks create a different but equally important form of volatility.

FactSet's July 10 market snapshot expected S&P 500 earnings growth of 24.2% in calendar 2026 and 17.4% in 2027. That broad backdrop supports profit growth, but it does not validate any individual company value in the TimeTrex model.

What profitable-company operators can learn about labor economics

The wrong lesson is that profitable companies simply cut headcount. The useful lesson is that they make labor, capacity and output visible enough to manage. BLS reported that private-industry employer compensation averaged $46.60 per hour in March 2026, including $32.60 in wages and $14.01 in benefits. Benefits were 30.1% of compensation, so a schedule shows only part of the true labor cost.

For employers, revenue creates the opportunity; timekeeping, scheduling, payroll controls and job-level labor visibility help determine how much value reaches the bottom line.

Capture actual hours accurately. Keep worked time, overtime, breaks, locations and pay rules tied to the correct employee and date.
Compare scheduled labor with actual labor. Review coverage gaps, late changes and overtime before they become recurring margin leaks.
Route exceptions to accountable managers. Approvals should explain why labor moved, not merely confirm that a timecard exists.
Assign labor to jobs, customers or cost centers. Dollar profit improves when leaders can see which work creates contribution and which work absorbs it.
Close payroll and review variance together. Connect hours, pay, employer costs and operational output in the same management cadence.

Turn labor data into operating visibility

TimeTrex brings scheduling, time and attendance, job costing and payroll workflows closer together so managers can review labor before it becomes a month-end surprise.

Explore TimeTrex job costing See workforce management software

Useful calculators: profit margin calculator, small-business net profit calculator and employee productivity calculator.

Limitations that can change the ranking

Fiscal calendars

TTM periods and forecast year ends differ. A January year end and a December year end are not the same window.

One-time items

Tax benefits, impairments, asset sales and legal charges can lift or reduce GAAP net income without describing the recurring engine.

Adjusted EPS bridge

Most 2027 scenarios use adjusted EPS growth to scale a GAAP net-income estimate. Buybacks, dilution and adjustments can break that relationship; direct fiscal-2027 estimates are identified separately.

Private-company gap

Private companies do not publish comparable quarterly and forecast data, so "all companies" cannot be audited responsibly.

Reporting lag

A company reporting today can jump ahead of a peer whose next quarter arrives in three weeks. Rankings are timestamped snapshots.

No investment conclusion

High profit does not establish valuation, balance-sheet quality, future returns or suitability for any investor.

Publication refresh rule: Re-run the current TTM extract and every forecast page immediately before publishing, then repeat after major earnings cycles. Keep the verification date separate from the article's 2026/2027 framing.

Frequently asked questions

Which U.S. company is the most profitable in 2026?

Alphabet leads this July 2026 trailing-12-month snapshot at about $160.2B, narrowly ahead of NVIDIA. The answer can change after each quarterly reporting cycle.

Why is this ranking different from the 2026 Fortune 500?

The 2026 Fortune 500 is a publication-year list built from companies' prior fiscal-year results and ranked primarily by revenue. This article uses a July 2026 trailing-12-month profit snapshot, so periods and cutoffs differ.

Is net income the same as revenue or profit margin?

No. Revenue is sales before expenses. Net income is the dollar profit left after expenses and taxes. Profit margin divides profit by revenue. A company can have a lower margin but still earn more total dollars.

How were the 2027 profit outlooks calculated?

When a company forecast page already labels its current estimate fiscal 2027, the outlook uses that GAAP net-income estimate directly. Otherwise, TimeTrex scales the current-fiscal-year GAAP net-income estimate by the ratio of next-year to current-year adjusted EPS. Nonpositive bases are suppressed. The mixed-method table is illustrative and, as a whole, is not direct consensus GAAP net income.

Why do the fiscal-year end dates differ?

Public companies choose different fiscal calendars. NVIDIA and Walmart use late-January year ends, Apple uses September, Microsoft uses June and many companies use December. The table shows the modeled period end so readers do not mistake every value for the same calendar year.

Are private companies included?

No. Private-company profit disclosure is incomplete and inconsistent, making a complete auditable U.S. ranking impossible. The universe is limited to U.S.-headquartered public companies with accessible financial and estimate data.

Is net income the same as cash flow?

No. Net income is an accounting measure. Cash flow adjusts for noncash items and changes in working capital and investing. A strong profit result does not automatically mean an equal amount of cash was generated.

Will the 2027 ranking stay the same?

Almost certainly not. Estimates change with earnings releases, commodity prices, interest rates, product cycles, acquisitions, taxes and one-time gains or charges. Refresh the data before publication and throughout 2027.

Sources and data trail

The ranking combines current financial screeners, public company forecast pages, regulatory filings and official labor/economic sources. The companion research notes and machine-readable data preserve the exact inputs and formula.

Current rankingFinanceCharts: Most Profitable Companies in the U.S.
Current cross-checkTickerLeague: Most Profitable Companies by TTM Net Income
Forecast methodologyStockAnalysis company forecasts
Forecast providerS&P Global Capital IQ Estimates
Historical benchmarkFortune 2026 Fortune 500 release
DefinitionInvestor.gov: Net Income
AccountingInvestor.gov: How to Read a 10-K or 10-Q
FilingsSEC EDGAR Application Programming Interfaces
Filing exampleAlphabet 2025 Form 10-K
Filing exampleNVIDIA fiscal 2026 Form 10-K
Filing exampleApple 2025 Form 10-K
Filing exampleWalmart fiscal 2026 Form 10-K
Filing exampleMicrosoft quarter ended March 31, 2026 Form 10-Q
Market outlookFactSet Earnings Insight, July 10, 2026
Macro profitsU.S. Bureau of Economic Analysis: Corporate Profits
Labor costBLS: Employer Costs for Employee Compensation, March 2026
ProductivityBLS: Productivity and Costs, First Quarter 2026
RecordkeepingU.S. Department of Labor Fact Sheet 21
TimeTrex resourceSmall Business Net Profit Calculator
TimeTrex resourceProfit Margin Calculator
TimeTrex resourceEmployee Productivity Calculator
TimeTrex productJob Costing
TimeTrex productWorkforce Management Software
TimeTrex productTime and Attendance
TimeTrex productEmployee Scheduling
TimeTrex productPayroll
TimeTrex articleScheduling Mistakes That Kill Profit Margins

Research snapshot: July 17, 2026. Dollar values are rounded in the article. The 2027 outlook is illustrative, changes as estimates change and is not investment, accounting, tax or legal advice.

The quick answer

Current top 10 by TTM net income

What "most profitable" means here

Revenue

Net income

Profit margin

Cash flow

How the 2026 ranking was assembled

How the 2027 outlook was built

The 50 most profitable U.S. public companies in 2026

Why the current top 10 generate so much profit

Alphabet GOOGL

NVIDIA NVDA

Microsoft MSFT

Apple AAPL

Amazon AMZN

Berkshire Hathaway BRK.B

Meta Platforms META

JPMorgan Chase JPM

Micron Technology MU

Bank of America BAC

Projected 2027 profit ranking for the same 50-company cohort

Top 10 in the 2027 model

The companies with the biggest modeled rank changes

Largest modeled rises

Largest modeled declines

What the sector mix says about U.S. profit power

Information Technology

Financials

Communication Services

Consumer Discretionary

Consumer Staples

Health Care

Energy

Industrials

AI infrastructure

Financial scale

Consumer reach

Cyclical exposure

What profitable-company operators can learn about labor economics

Turn labor data into operating visibility

Limitations that can change the ranking

Fiscal calendars

One-time items

Adjusted EPS bridge

Private-company gap

Reporting lag

No investment conclusion

Frequently asked questions

Sources and data trail

About The Author

Roger Wood

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