Fortune published its Global 500 list for 2020. For the fiscal year ending on March 30, the 500 companies raked in $33.3 trillion of revenue and $2.1 trillion in profit.
Being the nerd that I am, I tabulated revenue per employee for each company in the tech category. Find the full list here...a few highlights:
- Apple—$1.9 million
- Facebook—$1.6 million
- Alphabet—$1.4 million
- Microsoft—$874,000
- Tencent—$869,000
- Samsung—$688,000
Fortune 50 comparisons: Amazon wasn’t counted as a tech company. But it had $352,000 in RPE, edging out 43% of the global F500 tech companies.
- Berkshire Hathaway had $650,000, Ping An had $495,000, AT&T had $731,000, and Ford had $821,000.
- Praying Gmail’s AI filters don’t mark this newsletter as spam due to all the dollar signs...
Bottom line: RPE tends to track with productivity rates and investments in AI/automation/robotics, although it varies significantly by industry. Because you’re wondering, Netflix had the highest tech RPE in 2019 with $2.3 million.
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