5 Most Profitable Companies in the US

In this piece, we will take a look at the five most profitable companies in the US. If you want to learn more about the biggest companies in America in terms of revenue and profit, then check out 25 Most Profitable Companies in the US.

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5. JPMorgan Chase & Co. (NYSE:JPM)

Trailing Twelve Month Net Income: $47.7 billion

JPMorgan Chase & Co. (NYSE:JPM) is one of the biggest private banks in the world. The firm is currently embroiled in legal battles in Russia where a court has ordered it to pay $440 million to a state run bank.

During last year’s fourth quarter, 103 out of the 933 hedge funds profiled by Insider Monkey had bought and owned JPMorgan Chase & Co. (NYSE:JPM)’s shares. Ken Fisher’s Fisher Asset Management was the biggest shareholder due to its $2 billion stake.