In the realm of interesting information, especially for those who love oil companies. First, let's explore profits:
Rank Company -- Revenues ($ millions) -- Profits ($ millions)
1 Wal-Mart Stores -- 408,214.0 -- 14,335.0
** Some people also hate Wal-Mart. 14 BILLION+ in profits. This will be my baseline.
2 Exxon Mobil -- 284,650.0 -- 19,280.0
** Exxon has just ~70% of the revenues that Wal-Mart has, yet 134% of the profit -- almost 5 ADDITIONAL BILLION dollars. By the way, Exxon leads the country in profits. Well over 4 BILLION dollars more than Microsoft who is #2, just slightly ahead of Wal-Mart.
3 Chevron -- 163,527.0 -- 10,483.0
** Chevron 40% of Wal-Mart's revenue, yet a figure that's 73% of their profit.
Now maybe you understand why most Americans not employed by oil companies think Exxon and Chevron should have bailed out GM, not Uncle Sam.
Bryan
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