Quick Answer: What Is The Most Profitable Industry?

No.

1 Accounting, Tax Preparation, Bookkeeping, and Payroll Services.

A consistent demand of services and low overhead costs have pushed accounting and tax preparation to the top of this year’s list, increasing from a revised 16.3% profit margin to 19.8%.

What industry makes the most money?

Which Industry Makes The Most Money?

  • Accounting, Tax Preparation, Bookkeeping, and Payroll Services — 18.4 percent (Net Profit Margin)
  • Lessors of Real Estate — 17.9 percent.
  • Legal Services — 17.4 percent.
  • Management of Companies and Enterprises — 16.0 percent.
  • Activities Related to Real Estate — 14.9 percent.
  • Offices of Dentists — 14.8 percent.

What are the top 5 most profitable industries in the world?

The World’s 10 Most Profitable Companies

  1. Saudi Aramco – $110.9 billion.
  2. Apple – $59.5 billion.
  3. Industrial & Commercial Bank of China – $45 billion.
  4. Samsung Electronics – $39.8 billion.
  5. China Construction Bank – $38.4 billion.
  6. JPMorgan Chase & Co. – $32.4 billion.
  7. Alphabet – $30.7 billion.
  8. Agricultural Bank of China – $30.6 billion.

What are the most profitable industries in 2020?

Analysts: These Companies Will Be The Most Profitable In 2020

  • Materials. XLB. -4.75%
  • Consumer Staples. XLP. -4.94%
  • Utilities. XLU. -5.03%
  • Energy. XLE. -5.29%
  • Real Estate. XLRE. -5.36%
  • Consumer Discretionary. XLY. -5.45%
  • Financials. XLF. -5.51%
  • Industrials. XLI. -5.87%

What industries are dying?

reviewed annual employment data from the Bureau of Labor Statistics from 2007 to 2016 to identify the fastest dying industries.

  1. Videotape and disc rental.
  2. Other apparel knitting mills.
  3. Magnetic media manufacturing and reproducing.
  4. Photofinishing.
  5. Port and harbor operations.
  6. Land subdivision.

What careers make you a millionaire?

Let’s take a quick look at a handful of jobs that make you a millionaire:

  • Doctor.
  • Investment Banker.
  • Real Estate Agent.
  • Lawyer.
  • Engineer.
  • Day Trader.
  • Air Traffic Controller.
  • Athlete.