Business Visualizations

America’s Most Valuable Companies Ranked by Profit per Employee

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Ever wonder how much money major corporations make per employee? Profit Per Employee (PPE) is determined by dividing the company’s profit by the company’s quantity of full-time employees. The most profitable companies may not necessarily be the most profitable by number of employees—and vice versa. Whenever the economy is uncertain, this formula is usually one of the metrics companies will monitor to determine the efficiency and productivity of their staff. Using data over profit and company size from 2023, our team at The Chartistry has ranked the top 50 companies with the highest profit per worker.

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companies-ranked-by-profit-per-employee-5

With a profit of nearly $2 million for each of their 9,500 employees, ConocoPhillips ranks first for highest profit per employee by quite the large margin. ConocoPhillips, an American oil and gas producer, saw a total profit almost $18.7 billion in 2023. Since oil and gas are two of the most valuable energy commodities in the world, it is not uncommon for an energy company to rank high in terms of PPE since their net profit is typically quite expansive. Of the top 50 companies with the highest profit for every employee, six of them can be categorized under the energy sector.

Coming in second place, Prologis is an investment trust company that saw a total profit of $3.4 billion in 2023. This profit was divided by their 2,466 employees to end with a profit of $1.36 million per employee.

In third, there is the tobacco company Altria Group. Altria Group’s 2023 profit of $5.8 billion was divided by 6,300 employees to result in a profit per employee of $915 thousand. Tobacco is yet another commodity product, with only one other tobacco company making the top 50 ranking.

Exxon Mobil is another oil and gas company with high profit per employee, coming in fourth place. Out of their profit of $55.7 million in 2023, their 62,000 employees averaged a profit of $899 thousand each.

Rounding out the top 5 companies is Chevron, the third oil and gas energy company in the top companies by profit per employee. With a total profit of $35.3 million, their PPE comes out to $809 thousand for each of their 43,846 employees.

Some companies land rank in both the most profitable in the world overall as well as in profit per worker. Apple, for example, brought in a 2023 profit of nearly a $100 billion. The company itself is valued at a total of $2.1 trillion. They managed a PPE of $609 thousand for their 164,000 employees, making them seventh among all companies.

Why is Profit per Employee Important?

For every company with an impressive profit per employee, there are tens, hundreds, even thousands of people working at the front line and behind the scenes to keep operations running as smoothly and efficiently as possible. PPE, not to be confused with Revenue per Employee, is a way for the company to measure the performance and productivity of the average employee in any given workforce to judge their added value. In other words, a way to know if their investment in hiring, retaining, and training their employees returned desirable results. Of course, it isn’t and shouldn’t be the only method to judge the value of an employee. When used in combination with other metrics, however, it can be a helpful tool to see the what employees have brought to the company.

For the majority of situations, a healthy profit per employee will be a good indicator of the health of the company at large. It shows that the business is properly maximizing the streamlining of their operations and utilizing the talent of each employee. This performance can mean that an underwhelming PPE may lead to cost-cutting measures for the company. Oftentimes, this is in the form of employee layoffs in areas that may not be contributing to the overall profit.

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The Profit per Employee of the Largest Companies in the U.S. By Market Cap (The Full List)

Which corporations have the highest revenue per employee? Companies that are able to do more with less:

Rank  Name  Type of Company  2023 Profits (in Millions)  Number of Employees in 2023  Profit per Employee in 2023 
ConocoPhillips  Energy  $18,680  9,500  $1,966,316 
Prologis  Real Estate Investment Trust  $3,364.9  2,466  $1,364,517 
Altria Group  Tobacco  $5,764  6,300  $914,921 
Exxon Mobil  Energy  $55,740  62,000  $899,032 
Chevron  Energy  $35,465  43,846  $808,854 
Vertex Pharmaceuticals  Biopharmaceutical, Pharmaceutical, and/or Biotechnology  $3,322  4,800  $692,083 
Apple  Technology, Consumer Goods  $99,803  164,000  $608,555 
Broadcom  Semiconductor  $11,495  20,000  $574,750 
Visa  Financial  $14,957  26,500  $564,415 
10  Pfizer  Biopharmaceutical, Pharmaceutical, and/or Biotechnology  $31,372  83,000  $377,976 
11  Regeneron  Biopharmaceutical, Pharmaceutical, and/or Biotechnology  $4,338.4  11,851  $366,079 
12  Netflix  Video Streaming Services  $4,491.9  12,800  $350,930 
13  Mastercard  Financial  $9,930  29,900  $332,107 
14  Microsoft  Technology  $72,738  221,000  $329,131 
15  Alphabet  Technology  $59,972  190,234  $315,254 
16  Airbnb  Travel  $1,893  6,811  $277,933 
17  American Tower  Real Estate Investment Trust  $1,765.8  6,391  $276,295 
18  NextEra Energy  Energy  $4,147  15,300  $271,046 
19  Gilead Sciences  Biopharmaceutical, Pharmaceutical, and/or Biotechnology  $4,592  17,000  $270,118 
20  Meta Platforms  Technology  $23,200  86,482  $268,264 
21  Texas Instruments  Semiconductor  $8,749  33,000  $265,121 
22  BlackRock  Financial  $5,178  19,800  $261,515 
23  Amgen  Biopharmaceutical, Pharmaceutical, and/or Biotechnology  $6,552  25,200  $260,000 
24  Qualcomm  Semiconductor  $12,936  51,000  $253,647 
25  AbbVie  Biopharmaceutical, Pharmaceutical, and/or Biotechnology  $11,836  50,000  $236,720 
26  Goldman Sachs Group  Financial  $11,261  48,500  $232,186 
27  Merck  Health (Including Animals)  $14,519  68,000  $213,515 
28  Union Pacific  Railroad  $6,998  33,179  $210,917 
29  Charles Schwab  Financial  $7,183  35,300  $203,484 
30  Applied Materials  Semiconductor  $6,525  33,000  $197,727 
31  Bristol-Myers Squibb  Biopharmaceutical, Pharmaceutical, and/or Biotechnology  $6,327  34,300  $184,461 
32  Verizon Communications  Telecommunications  $21,256  117,100  $181,520 
33  Nvidia  Technology  $4,368  26,196  $166,743 
34  Adobe  Technology  $4,756  29,239  $162,659 
35  Eli Lilly  Biopharmaceutical, Pharmaceutical, and/or Biotechnology  $6,244.8  39,000  $160,123 
36  Zoetis  Health (Including Animals)  $2,114  13,800  $153,188 
37  Booking Holdings  Travel  $3,058  21,492  $142,286 
38  Cisco Systems  Technology  $11,812  83,300  $141,801 
39  Procter & Gamble  Consumer goods  $14,742  106,000  $139,075 
40  Morgan Stanley  Financial  $11,029  82,427  $133,803 
41  JPMorgan Chase  Financial  $37,676  293,723  $128,271 
42  Southern Company  Energy  $3,524  27,562  $127,857 
43  Bank of America  Financial  $27,528  216,823  $126,961 
44  Johnson & Johnson  Biopharmaceutical, Pharmaceutical, and/or Biotechnology  $17,941  152,700  $117,492 
45  Coca-Cola  Consumer Goods  $9,542  82,500  $115,661 
46  Philip Morris International  Tobacco  $9,048  79,800  $113,383 
47  Analog Devices  Semiconductor  $2,748.6  24,450  $112,417 
48  Intuitive Surgical  Biopharmaceutical, Pharmaceutical, and/or Biotechnology  $1,322.3  12,120  $109,101 
49  Tesla  Automotive, Energy  $12,556  127,855  $98,205 
50  American Express  Financial  $7,514  77,300  $97,206 
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Business Visualizations

The Biggest Employers by Industry

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There are more than 30 million businesses in the U.S. — but some of those companies employ far more workers than others. Giants like Walmart and Amazon have more than a million employees working on developing, marketing, transporting and selling their products everyday. Meanwhile, lesser-known companies in industries you may not be as familiar with also employ a significant amount of our workforce.

Using Fortune 500 data, our team at The Chartistry identified the largest employers in every industry, including retail, food, health care, real estate and many more (we included a whopping 75 industries total).

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The Biggest Employers by Industry

Who is the largest employer in America?

Technically, the largest employer in the U.S. is the federal government. But if we’re talking about the company that employs the most people, Walmart takes the cake.

Since Walmart’s first store opened in 1962, the company has grown to establish more than 11,500 stores globally to serve more than 260 million weekly shoppers in 28 countries, according to the company’s site. It’s no surprise that the retailer requires a lot of manpower. Walmart has 2,100,000 employees, and is the only one on our list that employs more than 2 million people.

Who else are America’s biggest employers?

Walmart may offer up the most jobs in the U.S.,but there are plenty of other companies with thousands of employees headed to work everyday. Some of the giants on the list of companies with the most employees in every industry are also among the largest U.S. employers in general.

Amazon, which started in Jeff Bezos’ garage in 1994 as an online bookseller, has grown up to make its mark around the world. There’s a good chance you’ve shopped online via the company, watched its streamer or walked past an Amazon retail store or fulfillment center. Amazon may have started with a solo founder, but it now employs 1,525,000 people.

Home Depot is another retail heavyweight. Founded in 1978 as a hardware store, the company now boasts more than 2,300 stores across North America. But offering up all that home improvement requires a lot of hands on deck: The company has 463,100 employees. That makes it the highest employer in one category of specialty retailers, but TJX, with 349,000 employees, is the largest employer in the apparel-specific specialty retailer category.

In the mail, package and freight delivery industry, you can probably guess who employs the most people. It’s FedEx, which was just an idea in 1965 when its eventual founder Frederick W. Smith wrote a paper at Yale University on the potential of a new way to get time-sensitive shipments to recipients (he received an average grade, according to the company’s website). Since then, the company makes around 14.5 million deliveries each day thanks to its 446,400 employees.

UnitedHealth Group also made our list, which makes sense, seeing as its the largest health insurance company in the U.S. Parent company of United Healthcare, the company was founded in 1977. Nowadays, it employs 440,000 people.

Curious which food and drug store is the largest employer? That would be Kroger, which had its start in 1883 when Barney Kroger invested his life savings of $372 to open a single grocery store. More than 140 years later, Kroger is the nation’s largest grocer with nearly 2,800 stores in 35 states and 414,000 employees. But if we’re talking specifically about food services, latte lovers’ favorite place, Starbucks, is the largest employer, with 381,000 employees. Looking specifically at the food consumer products industry, PepsiCo — which owns brands like Lay’s, Doritos, Gatorade, Quaker and, of course, Pepsi — is the largest employer with 318,000 employees.

The travel industry also requires tons of workers. American Airlines Group, which offers thousands of flights daily in more than 60 countries, is the largest employer in the airline industry with 132,100 people. Hilton Worldwide Holdings, meanwhile, has 178,000 employees to help run its hotels, casinos and resorts.

In the entertainment industry, a very familiar name earns the title for largest employer with its 199,125 workers: Walt Disney.

The largest U.S. employers in each industry

Here are the largest companies by employees in every industry — from hotels and airlines to pharmaceuticals and medical equipment.

Industry

Company

Number of Employees

General Merchandisers

Walmart

2,100,000

Internet Services and Retailing

Amazon

1,525,000

Specialty Retailers: Other

Home Depot

463,100

Mail, Package, and Freight Delivery

FedEx

446,400

Health Care: Insurance and Managed Care

UnitedHealth Group

440,000

Information Technology Services

Concentrix

440,000

Food and Drug Stores

Kroger

414,000

Insurance: Property and Casualty (Stock)

Berkshire Hathaway

396,500

Food Services

Starbucks

381,000

Specialty Retailers: Apparel

TJX

349,000

Food Consumer Products

PepsiCo

318,000

Commercial Banks

JPMorganChase

309,926

Health Care: Medical Facilities

HCA Healthcare

265,000

Diversified Outsourcing Services

Aramark

262,550

Health Care: Pharmacy and Other Services

CVS Health

259,500

Semiconductors and Other Electronic Components Equipment

Jabil

236,000

Computer Software

Microsoft

221,000

Entertainment

Walt Disney

199,125

Motor Vehicles & Parts

Lear

186,600

Telecommunications

Comcast

186,000

Aerospace & Defense

RTX

185,000

Hotels, Casinos, Resorts

Hilton Worldwide Holdings

178,000

Computers, Office Equipment

Apple

161,000

Food Production

Tyson Foods

139,000

Airlines

American Airlines Group

132,100

Pharmaceuticals

Johnson & Johnson

131,900

Real Estate

CBRE Group

130,000

Industrial Machinery

General Electric

125,000

Scientific, Photographic, and Control Equipment

Thermo Fisher Scientific

122,000

Medical Products and Equipment

Abbott Laboratories

114,000

Construction and Farm Machinery

Caterpillar

113,200

Transportation and Logistics

GXO Logistics

109,000

Household and Personal Products

Procter & Gamble

107,000

Network and Other Communications Equipment

Amphenol

95,000

Chemicals

3M

85,000

Diversified Financials

Marsh & McLennan

85,000

Apparel

Nike

83,700

Tobacco

Philip Morris International

82,700

Beverages

Coca-Cola

79,100

Advertising, Marketing

Omnicom Group

75,900

Wholesalers: Food and Grocery

Sysco

71,750

Insurance: Property and Casualty (Mutual)

State Farm Insurance

65,054

Petroleum Refining

Exxon Mobil

61,500

Financial Data Services

Fidelity National Information Services

60,000

Wholesalers: Diversified

Genuine Parts

60,000

Electronics, Electrical Equipment

Whirlpool

59,000

Oil And Gas Equipment, Services

Baker Hughes

58,000

Packaging And Containers

WestRock

56,100

Securities

Edward Jones

54,000

Engineering and Construction

Quanta Services

52,500

Home Equipment, Furnishings

Stanley Black & Decker

50,500

Waste Management

Waste Management

48,000

Wholesalers: Health Care

McKesson

48,000

Insurance: Life, Health (Stock)

MetLife

45,000

Trucking, Truck Leasing

J.B. Hunt Transport Services

34,718

Toys, Sporting Goods

Mattel

33,000

Railroads

Union Pacific

32,973

Metals

Nucor

32,000

Automotive Retailing, Services

CarMax

30,621

Building Materials, Glass

Builders FirstSource

29,000

Utilities: Gas and Electric

PG&E

28,010

Wholesalers: Electronics and Office Equipment

TD Synnex

28,000

Temporary Help

Manpower Group

27,900

Mining, Crude-Oil Production

Freeport-McMoRan

27,200

Equipment Leasing

United Rentals

26,300

Publishing, Printing

News Corp.

25,000

Miscellaneous

Service Corporation International

21,267

Transportation Equipment

Polaris

18,500

Energy

NRG Energy

18,131

Education

Graham Holdings

17,006

Insurance: Life, Health (Mutual)

TIAA

16,023

Pipelines

Energy Transfer

13,786

Homebuilders

D.R. Horton

13,450

Forest and Paper Products

Domtar

13,000

Shipping

Kirby Corporation

5,450

Don’t miss our other visuals (Chartistry Originals) that give insight into some of the biggest employers in the U.S, including our map of the biggest Fortune 500 companies in every state, breakdown of America’s most valuable companies ranked by profit per employee and original chart of everything owned by Apple.

Source:

Fortune 500

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Business Visualizations

Study Shows Us the Most Common Occupations by Age Group

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Studying jobs by age groups provides insight into worker priorities and the impact of factors such as education, experience, and physical strength. The team at Qualtrics gathered data to create a graphic of the most common jobs held in different age categories using data from the Bureau of Labor Statistics to form their visualizations.

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What Are the Most Common Occupations by Age Group?

Here are the most common jobs by age:

  • 16–24: cashier
  • 25–34: registered nurse
  • 35–54: elementary or middle school teacher
  • 55–64: sales worker or truck driver
  • Over 65: farmer, rancher, or agricultural manager
  • Any age group overall: customer service representative

The chart shows that the most common job is a customer service rep, which is understandable given the number of industries hiring for this position. It’s a job with diverse tasks encompassing customer experience and quality of interactions with the business. Customer service jobs typically don’t require more than a high school diploma, yet they pay an average annual salary of over $60,000.

We can see from the charts that cashier and server jobs are most common among the youngest demographics. This is likely due to the low pay and hours spent on your feet. It’s an entry job for many people who grow to move on to different positions or career paths as they age and change priorities. While that’s not always the case, many servers and cashiers move on from the role in search of higher pay and less physically demanding work.

These same individuals may go on to pursue careers as teachers and nurses, if our data is any indication. These jobs require specialized education but offer higher pay, and there is a demand for these positions. It’s no surprise that many people are building lifelong careers in nursing and teaching. As for people who keep working past retirement age, farmers and ranchers took the top spot. This work is often physically demanding, but the businesses are usually generational, meaning older people get help from their descendants and stay involved with a business close to their heart.

Employers can make use of data like this, as they generally want to avoid job-hopping employees. Looking at these statistics, we can infer many reasons why someone may leave a job. Employers can address this by offering higher wages, more flexible work styles and arrangements, and an improved employee experience. Most workers seek a stable job with fair compensation for the amount of work and education required. We also note that many blue-collar jobs are represented on this list, including construction workers, janitors, and truck drivers, with fewer white-collar jobs listed. Many people work essential jobs that help us stay healthy, fed, and stocked with goods.

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Business Visualizations

Chart Visualizes the Price of the Ford Mustang Every Year Since Debut

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The Ford Mustang is a legendary American muscle car that symbolizes the culture of open-road freedom. The Ford Motor Company designed the vehicle to embody the European sports car, but with a price point that’s more attainable for middle-class Americans. The idea was a massive success. The first Mustang debuted in 1964, and the Mustang enjoys a legacy and loyal fans to this day. The team at Speedway Motors celebrates the Mustang with an illustrated graphic depicting each Mustang iteration, along with the price at release and the price adjusted for inflation.

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The Price of a Mustang Every Year Since 1964, Adjusted for Inflation

Through this detailed and illustrated chart, we can see the evolution of this vehicle. The first Mustang Hardtop was priced at $2,368, which is $24,3444 in today’s market, emphasizing its affordability in the world of muscle cars. While the Mustang was a gamble, it proved to be a phenomenon and sold over 100,000 cars in its first four months. The Mustangs’ popularity persisted throughout the ‘60s, and Ford focused on improved performance and power, which meant prices rose. This trend continued until the early ‘70s gas crisis when Ford had to adjust to new consumer demands for better fuel mileage. They designed the Mustang II with a smaller chassis and less muscle to adjust to the changes in the economy.

The Mustang’s popularity hit a dip in the early ‘80s, and the Camaro almost outsold it. Ford innovated and adjusted again with the release of the Fox Mustang, designed to be versatile as a day-to-day muscle car. As technology advanced into the ‘90s, Ford introduced popular new features like a V8 engine and SN-95 chassis, which we can see featured in the Mustang GT.

Today’s Mustang is loaded with the most innovative features, designed for performance and comfort. The current model is the Dark Horse Premium, which sells for $69,375. While it’s a flashy and popular car, it lacks some of the performance boosts of past models, yet the price is high.

The Mustangs’ prices have risen a lot over the decades, for several key reasons besides inflation. First, safety standards have increased with innovative technology making drivers safer. Some safety features are required, while others are sought-after bonuses that drivers are looking for. A key aspect of a muscle car is the power and performance. Modern technology advances the performance of the vehicle, but that engineering comes at a higher price point. Material costs have advanced as well, from labor to raw materials. Cars, in general, are now more expensive to build.

The team’s chart is a true testament to the power of visual data. Through the images and price points, we can see changes in the Mustang reflecting cultural and economic shifts, creating a fascinating timeline of an icon among automobiles. Do you have a favorite Mustang model? What do you think about the price changes over time?

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