Top Companies by Operating Income
Largest public companies ranked by operating income on a trailing twelve months basis. Compare top issuers, sector peers and historical context on TickerLeague.
How TTM operating income is measured
Trailing twelve months (TTM) operating income — also called operating profit or EBIT — is revenue minus cost of goods sold and minus operating expenses (SG&A, R&D, depreciation), summed across the most recent four fiscal quarters. It measures what the core business earns before interest and taxes, before any financing decisions distort the result.
Operating income sits between gross profit (which strips only direct costs) and net income (which subtracts interest and taxes too). Compared to EBITDA, it includes depreciation and amortization, so capex-heavy and asset-light businesses are not treated equally. Figures are sourced from the latest filed income statements and ranked in USD after period-average FX translation (IAS 21). Rankings USD translation methodology · IFRS IAS 21 (official)
Calculated from each company's four most recent reported quarters, as of .
Sector scopeAll sectorsChange sectorChange sector
Top companies by Operating Income
- Microsoft
MSFT
- Sector
- Technology
- Operating Income
- $148.96B
- As of
- Apple
AAPL
- Sector
- Technology
- Operating Income
- $147.37B
- As of
- Alphabet
GOOGL
- Sector
- Communication Services
- Operating Income
- $138.20B
- As of
- NVIDIA
NVDA
- Sector
- Technology
- Operating Income
- $130.39B
- As of
- Meta
META
- Sector
- Communication Services
- Operating Income
- $88.59B
- As of
- Amazon
AMZN
- Sector
- Consumer Cyclical
- Operating Income
- $85.42B
- As of
- Sector
- Financial Services
- Operating Income
- $74.67B
- As of
- TSMC
TSM
- Sector
- Technology
- Operating Income
- $71.19B
- As of
- Berkshire Hathaway
BRK-B
- Sector
- Financial Services
- Operating Income
- $49.38B
- As of
- Sector
- Financial Services
- Operating Income
- $39.98B
- As of
- Exxon Mobil
XOM
- Sector
- Energy
- Operating Income
- $33.94B
- As of
- Walmart
WMT
- Sector
- Consumer Defensive
- Operating Income
- $29.82B
- As of
- Eli Lilly
LLY
- Sector
- Healthcare
- Operating Income
- $29.70B
- As of
- Verizon
VZ
- Sector
- Communication Services
- Operating Income
- $29.26B
- As of
- Sector
- Technology
- Operating Income
- $28.20B
- As of
- Broadcom
AVGO
- Sector
- Technology
- Operating Income
- $27.91B
- As of
- Merck & Co.
MRK
- Sector
- Healthcare
- Operating Income
- $26.78B
- As of
- Wells Fargo
WFC
- Sector
- Financial Services
- Operating Income
- $25.72B
- As of
- Sector
- Healthcare
- Operating Income
- $25.48B
- As of
- Visa
V
- Sector
- Financial Services
- Operating Income
- $24.50B
- As of
- AT&T
T
- Sector
- Communication Services
- Operating Income
- $24.49B
- As of
- Sector
- Financial Services
- Operating Income
- $23.42B
- As of
- Sector
- Financial Services
- Operating Income
- $22.69B
- As of
- Sector
- Financial Services
- Operating Income
- $21.90B
- As of
- Sector
- Financial Services
- Operating Income
- $21.78B
- As of
- Sector
- Consumer Cyclical
- Operating Income
- $20.89B
- As of
- Sector
- Consumer Defensive
- Operating Income
- $20.15B
- As of
- Oracle
ORCL
- Sector
- Technology
- Operating Income
- $19.75B
- As of
- Sector
- Financial Services
- Operating Income
- $19.40B
- As of
- Novo Nordisk
NVO
- Sector
- Healthcare
- Operating Income
- $19.21B
- As of
- Comcast
CMCSA
- Sector
- Communication Services
- Operating Income
- $19.15B
- As of
- Sector
- Healthcare
- Operating Income
- $18.84B
- As of
- T-Mobile US
TMUS
- Sector
- Communication Services
- Operating Income
- $18.74B
- As of
- Sector
- Financial Services
- Operating Income
- $17.06B
- As of
- Chevron
CVX
- Sector
- Energy
- Operating Income
- $16.67B
- As of
- AbbVie
ABBV
- Sector
- Healthcare
- Operating Income
- $16.34B
- As of
- Pfizer
PFE
- Sector
- Healthcare
- Operating Income
- $15.44B
- As of
- Sector
- Consumer Defensive
- Operating Income
- $15.28B
- As of
- Progressive
PGR
- Sector
- Financial Services
- Operating Income
- $14.55B
- As of
- Sector
- Consumer Defensive
- Operating Income
- $14.46B
- As of
- PepsiCo
PEP
- Sector
- Consumer Defensive
- Operating Income
- $14.12B
- As of
- Netflix
NFLX
- Sector
- Communication Services
- Operating Income
- $13.94B
- As of
- AstraZeneca
AZN
- Sector
- Healthcare
- Operating Income
- $13.74B
- As of
- Walt Disney
DIS
- Sector
- Communication Services
- Operating Income
- $13.63B
- As of
- ASML
ASML
- Sector
- Technology
- Operating Income
- $13.60B
- As of
- Cisco
CSCO
- Sector
- Technology
- Operating Income
- $13.43B
- As of
- Sector
- Communication Services
- Operating Income
- $13.17B
- As of
- Allstate
ALL
- Sector
- Financial Services
- Operating Income
- $13.16B
- As of
- PDD Holdings
PDD
- Sector
- Consumer Cyclical
- Operating Income
- $13.13B
- As of
- Newmont
NEM
- Sector
- Basic Materials
- Operating Income
- $12.84B
- As of
- Charles Schwab
SCHW
- Sector
- Financial Services
- Operating Income
- $12.71B
- As of
- Sector
- Healthcare
- Operating Income
- $12.70B
- As of
- McDonald's
MCD
- Sector
- Consumer Cyclical
- Operating Income
- $12.39B
- As of
- QUALCOMM
QCOM
- Sector
- Technology
- Operating Income
- $12.17B
- As of
- Alibaba
BABA
- Sector
- Consumer Cyclical
- Operating Income
- $12.10B
- As of
- Sector
- Healthcare
- Operating Income
- $11.97B
- As of
- SAP
SAP
- Sector
- Technology
- Operating Income
- $11.64B
- As of
- Sector
- Energy
- Operating Income
- $11.49B
- As of
- Chubb
CB
- Sector
- Financial Services
- Operating Income
- $11.38B
- As of
- IBM
IBM
- Sector
- Technology
- Operating Income
- $11.27B
- As of
- Caterpillar
CAT
- Sector
- Industrials
- Operating Income
- $11.21B
- As of
- Gilead Sciences
GILD
- Sector
- Healthcare
- Operating Income
- $11.00B
- As of
- Costco
COST
- Sector
- Consumer Defensive
- Operating Income
- $10.94B
- As of
- Accenture
ACN
- Sector
- Technology
- Operating Income
- $10.68B
- As of
- Sector
- Financial Services
- Operating Income
- $10.42B
- As of
- Amgen
AMGN
- Sector
- Healthcare
- Operating Income
- $10.29B
- As of
- Sector
- Consumer Cyclical
- Operating Income
- $10.15B
- As of
- U.S. Bancorp
USB
- Sector
- Financial Services
- Operating Income
- $10.05B
- As of
- Sector
- Industrials
- Operating Income
- $9.90B
- As of
- Sector
- Consumer Defensive
- Operating Income
- $9.90B
- As of
- Booking Holdings
BKNG
- Sector
- Consumer Cyclical
- Operating Income
- $9.49B
- As of
- Sector
- Financial Services
- Operating Income
- $9.45B
- As of
- Sector
- Energy
- Operating Income
- $9.44B
- As of
- RTX
RTX
- Sector
- Industrials
- Operating Income
- $9.41B
- As of
- Sector
- Financial Services
- Operating Income
- $9.22B
- As of
- Cigna
CI
- Sector
- Healthcare
- Operating Income
- $9.13B
- As of
- Adobe
ADBE
- Sector
- Technology
- Operating Income
- $8.96B
- As of
- Sector
- Industrials
- Operating Income
- $8.95B
- As of
- Linde
LIN
- Sector
- Basic Materials
- Operating Income
- $8.94B
- As of
- Salesforce
CRM
- Sector
- Technology
- Operating Income
- $8.91B
- As of
- Sector
- Financial Services
- Operating Income
- $8.83B
- As of
- Duke Energy
DUK
- Sector
- Utilities
- Operating Income
- $8.60B
- As of
- Sector
- Utilities
- Operating Income
- $8.23B
- As of
- Sector
- Technology
- Operating Income
- $8.21B
- As of
- Sector
- Technology
- Operating Income
- $8.20B
- As of
- Sector
- Healthcare
- Operating Income
- $8.20B
- As of
- Sector
- Healthcare
- Operating Income
- $8.03B
- As of
- Sector
- Industrials
- Operating Income
- $8.02B
- As of
- Sector
- Energy
- Operating Income
- $7.93B
- As of
- Enbridge
ENB
- Sector
- Energy
- Operating Income
- $7.82B
- As of
- BlackRock
BLK
- Sector
- Financial Services
- Operating Income
- $7.68B
- As of
- Sector
- Healthcare
- Operating Income
- $7.63B
- As of
- Sector
- Financial Services
- Operating Income
- $7.55B
- As of
- Lam Research
LRCX
- Sector
- Technology
- Operating Income
- $7.43B
- As of
- Sector
- Industrials
- Operating Income
- $7.42B
- As of
- Sector
- Basic Materials
- Operating Income
- $7.34B
- As of
- Sector
- Financial Services
- Operating Income
- $7.32B
- As of
- Sector
- Utilities
- Operating Income
- $7.28B
- As of
- Sector
- Consumer Cyclical
- Operating Income
- $7.26B
- As of
- Sector
- Industrials
- Operating Income
- $7.16B
- As of
| # | Company | Sector | Operating Income | As of |
|---|---|---|---|---|
| 1 | Microsoft (MSFT) | Technology | $148.96B | |
| 2 | Apple (AAPL) | Technology | $147.37B | |
| 3 | Alphabet (GOOGL) | Communication Services | $138.20B | |
| 4 | NVIDIA (NVDA) | Technology | $130.39B | |
| 5 | Meta (META) | Communication Services | $88.59B | |
| 6 | Amazon (AMZN) | Consumer Cyclical | $85.42B | |
| 7 | JPMorgan Chase (JPM) | Financial Services | $74.67B | |
| 8 | TSMC (TSM) | Technology | $71.19B | |
| 9 | Berkshire Hathaway (BRK-B) | Financial Services | $49.38B | |
| 10 | Bank of America (BAC) | Financial Services | $39.98B | |
| 11 | Exxon Mobil (XOM) | Energy | $33.94B | |
| 12 | Walmart (WMT) | Consumer Defensive | $29.82B | |
| 13 | Eli Lilly (LLY) | Healthcare | $29.70B | |
| 14 | Verizon (VZ) | Communication Services | $29.26B | |
| 15 | Micron Technology (MU) | Technology | $28.20B | |
| 16 | Broadcom (AVGO) | Technology | $27.91B | |
| 17 | Merck & Co. (MRK) | Healthcare | $26.78B | |
| 18 | Wells Fargo (WFC) | Financial Services | $25.72B | |
| 19 | Johnson & Johnson (JNJ) | Healthcare | $25.48B | |
| 20 | Visa (V) | Financial Services | $24.50B | |
| 21 | AT&T (T) | Communication Services | $24.49B | |
| 22 | Morgan Stanley (MS) | Financial Services | $23.42B | |
| 23 | Goldman Sachs (GS) | Financial Services | $22.69B | |
| 24 | Citigroup (C) | Financial Services | $21.90B | |
| 25 | Brookfield (BN) | Financial Services | $21.78B | |
| 26 | Home Depot (HD) | Consumer Cyclical | $20.89B | |
| 27 | Procter & Gamble (PG) | Consumer Defensive | $20.15B | |
| 28 | Oracle (ORCL) | Technology | $19.75B | |
| 29 | Mastercard (MA) | Financial Services | $19.40B | |
| 30 | Novo Nordisk (NVO) | Healthcare | $19.21B | |
| 31 | Comcast (CMCSA) | Communication Services | $19.15B | |
| 32 | UnitedHealth Group (UNH) | Healthcare | $18.84B | |
| 33 | T-Mobile US (TMUS) | Communication Services | $18.74B | |
| 34 | American Express (AXP) | Financial Services | $17.06B | |
| 35 | Chevron (CVX) | Energy | $16.67B | |
| 36 | AbbVie (ABBV) | Healthcare | $16.34B | |
| 37 | Pfizer (PFE) | Healthcare | $15.44B | |
| 38 | Philip Morris International (PM) | Consumer Defensive | $15.28B | |
| 39 | Progressive (PGR) | Financial Services | $14.55B | |
| 40 | Coca-Cola (KO) | Consumer Defensive | $14.46B | |
| 41 | PepsiCo (PEP) | Consumer Defensive | $14.12B | |
| 42 | Netflix (NFLX) | Communication Services | $13.94B | |
| 43 | AstraZeneca (AZN) | Healthcare | $13.74B | |
| 44 | Walt Disney (DIS) | Communication Services | $13.63B | |
| 45 | ASML (ASML) | Technology | $13.60B | |
| 46 | Cisco (CSCO) | Technology | $13.43B | |
| 47 | Charter Communications (CHTR) | Communication Services | $13.17B | |
| 48 | Allstate (ALL) | Financial Services | $13.16B | |
| 49 | PDD Holdings (PDD) | Consumer Cyclical | $13.13B | |
| 50 | Newmont (NEM) | Basic Materials | $12.84B | |
| 51 | Charles Schwab (SCHW) | Financial Services | $12.71B | |
| 52 | Bristol-Myers Squibb (BMY) | Healthcare | $12.70B | |
| 53 | McDonald's (MCD) | Consumer Cyclical | $12.39B | |
| 54 | QUALCOMM (QCOM) | Technology | $12.17B | |
| 55 | Alibaba (BABA) | Consumer Cyclical | $12.10B | |
| 56 | HCA Healthcare (HCA) | Healthcare | $11.97B | |
| 57 | SAP (SAP) | Technology | $11.64B | |
| 58 | ConocoPhillips (COP) | Energy | $11.49B | |
| 59 | Chubb (CB) | Financial Services | $11.38B | |
| 60 | IBM (IBM) | Technology | $11.27B | |
| 61 | Caterpillar (CAT) | Industrials | $11.21B | |
| 62 | Gilead Sciences (GILD) | Healthcare | $11.00B | |
| 63 | Costco (COST) | Consumer Defensive | $10.94B | |
| 64 | Accenture (ACN) | Technology | $10.68B | |
| 65 | Apollo Global Management (APO) | Financial Services | $10.42B | |
| 66 | Amgen (AMGN) | Healthcare | $10.29B | |
| 67 | Lowe's Companies (LOW) | Consumer Cyclical | $10.15B | |
| 68 | U.S. Bancorp (USB) | Financial Services | $10.05B | |
| 69 | Union Pacific (UNP) | Industrials | $9.90B | |
| 70 | Altria Group (MO) | Consumer Defensive | $9.90B | |
| 71 | Booking Holdings (BKNG) | Consumer Cyclical | $9.49B | |
| 72 | Travelers Companies (TRV) | Financial Services | $9.45B | |
| 73 | Energy Transfer LP (ET) | Energy | $9.44B | |
| 74 | RTX (RTX) | Industrials | $9.41B | |
| 75 | Interactive Brokers (IBKR) | Financial Services | $9.22B | |
| 76 | Cigna (CI) | Healthcare | $9.13B | |
| 77 | Adobe (ADBE) | Technology | $8.96B | |
| 78 | GE Aerospace (GE) | Industrials | $8.95B | |
| 79 | Linde (LIN) | Basic Materials | $8.94B | |
| 80 | Salesforce (CRM) | Technology | $8.91B | |
| 81 | PNC Financial Services Group (PNC) | Financial Services | $8.83B | |
| 82 | Duke Energy (DUK) | Utilities | $8.60B | |
| 83 | NextEra Energy (NEE) | Utilities | $8.23B | |
| 84 | Applied Materials (AMAT) | Technology | $8.21B | |
| 85 | Dell Technologies (DELL) | Technology | $8.20B | |
| 86 | Abbott Laboratories (ABT) | Healthcare | $8.20B | |
| 87 | Thermo Fisher Scientific (TMO) | Healthcare | $8.03B | |
| 88 | United Parcel Service (UPS) | Industrials | $8.02B | |
| 89 | EOG Resources (EOG) | Energy | $7.93B | |
| 90 | Enbridge (ENB) | Energy | $7.82B | |
| 91 | BlackRock (BLK) | Financial Services | $7.68B | |
| 92 | Elevance Health (ELV) | Healthcare | $7.63B | |
| 93 | Bank of New York Mellon (BK) | Financial Services | $7.55B | |
| 94 | Lam Research (LRCX) | Technology | $7.43B | |
| 95 | Lockheed Martin (LMT) | Industrials | $7.42B | |
| 96 | Freeport-McMoRan (FCX) | Basic Materials | $7.34B | |
| 97 | Blackstone (BX) | Financial Services | $7.32B | |
| 98 | Southern Company (SO) | Utilities | $7.28B | |
| 99 | TJX Companies (TJX) | Consumer Cyclical | $7.26B | |
| 100 | Deere & Company (DE) | Industrials | $7.16B |