U.S. Most Profitable Industries In 2016
On year bases Forbes releases U.S. Most Profitable Industries after examined the profitability of different sectors that exist in the country (United State of America). For instance, in the year 2015 healthcare technology category was topping the list.
Infographic of U.S. Most Profitable Industries In 2016
Now in the year 2016 Health technology is projected to be the most profitable sector in 2016 again with a 21.6% net profit margin. With 17.2% net margin, technology services will edge out finance (17.1%) to take the second place.
According to Forbes.com, both energy minerals and non-energy minerals are projected to rebound from a disastrous 2015 when they ranked last among all sectors. Factset estimates that net margin for energy minerals will rise to 3.9% from a mere 0.2% in 2015, while non-energy minerals will surge to 4.7% next year, a significant jump from net loss of 2.1% in 2015.
However, Biotech, generic and major pharmaceutical companies rank among top 10 – same with major banks and investment managers. The only specific industry category on top 10 outside of the 3 most profitable sectors is tobacco, with 27% net margin projected for 2016.