Here’s how much these tech giants are making in profit per employee
Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today.
Facebook, Apple, Google parent Alphabet, and Microsoft are the top tech companies as measured by the profit-per-employee, or PPE, metric.
That’s according to recent research from financial tech company Tipalti, which analyzed data from the Fortune 500 list to determine how much money companies are making per employee. Companies calculate profits per employees by dividing their net income by the number of their full-time employees.
As you would expect, the most profitable companies like Facebook and Apple, have the highest profits per employees. Facebook’s PPE, for instance, is a whopping $411,308, while Apple’s PPE comes in slightly less at $403,328.
Meanwhile, Alphabet’s PPE is $288,842 followed by tech peer Microsoft, which has a PPE of $272,500.
These are the top tech companies with the largest PPE, based on the research:
However, not every tech company is flush with profits. The research also revealed the top three companies that are losing the most money per each employee.
It should come to no surprise that Uber, which has always been unprofitable, tops the list with a PPE of negative $316,208.
A full list of companies, along with their profits and losses, can be seen here.
More must-read tech coverage from Fortune:
- ‘It’s clicks versus bricks’: Why tech stocks won’t be fading anytime soon
- Samsung Note20 Ultra review: Why this big phone works for the COVID era
- Facebook and NYU researchers discover a way to speed up MRI scans
- The U.S. Postal Service is seeking a patent for voting by phone
- Electric-vehicle startup Canoo to go public, joining the wave of companies chasing Tesla’s success