Of the 18 biggest technology and media companies, Apple far and away pulls in the most profits per employee — something it can surely brag about at Friday’s annual shareholders meeting.
Apple makes the astounding sum of nearly half a million dollars in profits for each of its 80,300 employees, according to a new study by BuzzFeed.
BuzzFeed culled data from the companies’ most recent 10-K reports to determine how efficiently they are run by measuring profitability per employee.
To arrive at its figures, the 2013 fiscal-year net income a company reported in its 10-K was divided by the number of employees it reported.
First-place Apple’s $460,772 in profits per employee was followed by 21st Century Fox at $277,344, Google at $270,123, Facebook at $236,705 and Viacom at $230,000 per employee.
Rounding out the top 10 were Microsoft at $221,212 in profit per employee, Discovery Communications at $188,597, Time Warner at $108,824, CBS at $96,460 and Netflix at $55,589 per employee.
The final eight included Comcast at $50,000 in profits per employee, Disney at $34,857, DreamWorks at $25,045, News Corp. at $21,083, The New York Times Co. at $18,447, AOL at $18,118, Gannett Co. at $12,310 and LinkedIn at $5,312 per employee.
BuzzFeed pointed out that 21st Century Fox’s stellar performance over Google, Facebook and Microsoft spoke to the money-making power of cable networks and the fact that it is a very lean organization.
Conversely, Comcast and Disney, two of the biggest revenue-generating companies in media, fell toward the bottom of the list owing to their large workforces.