Who's in bed with B Obama -- Big Pharma or Big Insurance; Big Oil or Big Green Technology ? We have the answers.

When it comes to profit margins,  those dirty rotten oil companies come in at 8 percent profit (on average) against 30 percent for Green Tech companies and 16 to 20 percent averages for Big Pharma.  Google ran 21% profit; Apple 21%;  and the hated insurance industry came in dead last with around a 4 percent average profit margin.

Let's recap:  the insurance demons - 4%; Obama's Big Pharma buds at 30%;
the much hated Big Oil - 8% ;  Obama's Green tech industry - 30%.
Bank of America showed a minus profit;  Freddie Mac posted a 14.1% profit.


  • Amgen (biotechnology): Profit margin, 30.6 percent
  • Google: 20.6 profit margin (24 percent - CNN Money)
  • Apple: 21.5 percent
  • Microsoft: 24.9 percent (CNN reports 30.0 percent margin)
  • Bank of America: minus 1.7%
  • Fannie Mae: 9.1 percent
  • Freddie Mac: minus 14.1 percent (biggest loser)
  • Exxon Mobil:  8.6 percent
  • Chevron: 9.7 percent
  • ConocoPhillips (oil/gas): 6;1 percent
  • GE: 7.7 percent profit to revenues
  • The beverage industry:  25.9 percent. 
  • News Corp (Rupert Murdock):  7.7 percent
  • GM: 4.6 percent
  • Chrysler: minus 1.6 percent (sold to Fiat at a 1.5b loss to taxpayers)
  • Ford: 5.1 percent (142 % from 2009 - CNN Money)
  • Gilead Sciences (biotechnology): 37.6 percent
  • Celgene Corp. (biotechnology): 11.9 percent
  • Johnson & Johnson (drug manufacturer): 20.8 percent (21.1 CNN)
  • Pfizer (drug manufacturer): 16.3 percent
  • Bristol-Myers Squibb:  15.9
  • Eli Lilly (drug manufacturing) : 22.0
  • Proter & Gamble:  16.0 percent 
  • Pfizer (drug manufacturer):  12.2
  • WalMart: 3.9 percent
  • Home Depot: 4.9 percent
  • GlaxoSmithKline (drug manufacturer): 17.4 percent
  • Unitedhealth Group (healthcare plans): 4.1 percent
  • WellPoint (healthcare plans): 4 percent
  • Aetna (healthcare plans): 3.9 percent
  • MedcoHealth Solutions (healthcare services): 2.1 percent
  • Express Scripts (healthcare services): 3.7 percent
  • Quest Diagnostics (healthcare services): 8.7 percent
  • Medtronic (medical equipment): 14.9 percent
  • Baxter International (medical equipment): 17.5 percent
  • Covidien (medical equipment): 12.3 percent

End notes: list compiled by J Smithson using the following sources.  I spent most of my time at the CNN/Fortune 500 site, however.  





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1 comment:

  1. AnonymousApril 2, 2012 at 1:37 PM

    Very interesting. Thanks for the effort and the facts. Who knew?

    ReplyDelete

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