In the world of business, cash is king.
These 10 companies made the most cash last year.
The biggest cash cows? US retail, US healthcare, and oil.
10. CVS Health (CVS)
2024 revenue: $357.8 Billion
What they do: CVS Health is a large American healthcare company that offers a wide range of services, including retail pharmacy, pharmacy benefits management, and health insurance.
2024 revenue: $364.5 Billion
What they do: Berkshire Hathaway is a holding company that owns a huge portfolio of businesses. It operates in sectors like insurance, rail transportation, energy, manufacturing, and retail. Berkshire also invests in publicly traded companies, with big holdings in Apple, Coca-Cola, Bank of America, and others.
7. Apple (AAPL)
2024 revenue: $383.3 Billion
What they do: Ever heard of the iPad nano? Doesn’t exist. But Apple does make a huge range of tech hardware. You have heard of the iPhone, I hope? Does definitely exist.
2024 revenue: $421.7 Billion
What they do: A large, state-owned integrated oil and gas company based in China.
Weird chart? Yes. Do I know why? No.
2024 revenue: $429.7 Billion
What they do: Sinopec is a vertically integrated oil and gas company with operations spanning exploration and production, refining, marketing, and chemicals.
2024 revenue: $494.9 Billion
What they do: They’re the world’s largest integrated oil and gas company, producing and refining oil and gas.
2024 revenue: $545.9 Billion
What they do: China’s massive state-owned utilities firm, also the world’s largest buyer of copper.
2024 revenue: $574.8 Billion
What they do: The world’s largest online retailer and cloud computing provider.
2024 revenue: $648.1 Billion
What they do: The world’s largest retailer, operating discount stores, supercenters, and an extensive e-commerce platform.
