Most Profitable Industries in United States in 2025

• 1. Commercial Banking in the US

  Total Profit for 2025: $452.3B

  Commercial Banks generate most of their revenue through loans to customers and businesses. Loans are set at interest rates that are influenced by different factors, including the federal funds rate (FFR), the prime rate, debtors' creditworthiness and overall macroeconomic performance. The Commercial Banking industry’s performance was mixed during the current period, which included both the postpandemic recovery and a strong economy amid high interest rates. At the onset of the period, volatil...

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• 2. Hospitals in the US

  Total Profit for 2025: $176.0B

  Hospitals play a critical role in healthcare, offering specialized treatments and emergency services essential for public health, regardless of economic fluctuations or individuals' financial situations. Rising incomes and broader access to insurance have fueled demand for care in recent years, supporting hospitals' post-pandemic recovery initiated by federal policies and funding. The recovery for many hospitals was also promoted by mergers that lessened financial strains, especially in rural...

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• 3. Portfolio Management & Investment Advice in the US

  Total Profit for 2025: $173.2B

  In the last five years, the industry has experienced countervailing trends. For most of the period, rising assets under management (AUM) due to rising asset prices and growing disposable income have increased the base of assets industry operators charge fees on. Increased investor preference for passive asset management, including through exchange-traded funds (ETFs), has driven expenses charged for the management of assets down during the period.

  Financial markets play an integral rol...

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• 4. Trusts & Estates in the US

  Total Profit for 2025: $166.5B

  The Trusts and Estates industry comprises trusts, estates and agency accounts administered on behalf of beneficiaries under the terms established in a fiduciary contract. Industry revenue, composed primarily of capital gains on trust assets and ordinary dividends, exhibited an increase over the past five years. The industry benefited from substantial yields in equity markets and appreciation in house prices during the current period. Over the past five years, revenue has climbed at a CAGR of ...

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• 5. Life Insurance & Annuities in the US

  Total Profit for 2025: $158.9B

  Demand for life insurance and annuities has been volatile in recent years. When businesses shuttered in 2020 to curb the spread of COVID-19, consumer spending took a nosedive, causing a ripple effect that significantly impacted the industry. With rising unemployment and a drop in investment from households, both individual and group life insurance and annuity products saw decreased demand, severely hindering revenue growth. However, as pandemic-related restrictions eased, recovery began. 2021...

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• 6. Private Equity, Hedge Funds & Investment Vehicles in the US

  Total Profit for 2025: $153.8B

  In recent years, industry assets have become increasingly integral to institutional investors' portfolios and the larger asset-management market. Institutional investors are individuals or organizations that trade securities in such substantial volumes that they qualify for lower commissions and fewer protective regulations since it's assumed that they're knowledgeable enough to protect themselves. Increasing demand from institutional investors has contributed to the surge in the industry's a...

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• 7. Software Publishing in the US

  Total Profit for 2025: $153.2B

  Software publishing companies such as Microsoft and Oracle have become some of the world's most influential entities, primarily because of their omnipresence in the devices people use on an hourly basis. Over the past 20 years, industry revenue has more than tripled, untouched by the Great Recession and boosted by the pandemic. During the current period, the industry has continuously introduced new solutions and has enhanced existing products, leading to revenue climbing at a CAGR of 4.9% to ...

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• 8. Property, Casualty and Direct Insurance in the US

  Total Profit for 2025: $145.0B

  General insurers can provide industry services at a fraction of the potential loss by pooling premiums to pay for losses some policyholders incur. The industry is an indispensable part of risk management in the domestic economy. General insurers derive income from insurance premiums and investing in bonds, stocks and other assets. Most property and casualty premiums are obtained through renewing policies relating to existing risks. Changes in risk exposure and pricing conditions affect remain...

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• 9. Commercial Leasing in the US

  Total Profit for 2025: $132.8B

  Commercial leasing providers serve as lessors of buildings for nonresidential purposes. Industry participants include owner-lessors of nonresidential buildings, establishments that rent real estate and then act as lessors in subleasing it and establishments that provide full-service office space. Through the end of 2025, lessors have experienced mixed demand from critical downstream market segments. Since the onset of COVID-19, demand for office space has been volatile amid work-from-home and...

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• 10. Oil Drilling & Gas Extraction in the US

  Total Profit for 2025: $121.7B

  Oil and gas producers have experienced high volatility in recent years. The pandemic halted the economy and ripped away steady growth as restrictions limited the need for oil and gas. The conflict in Ukraine added to the uncertainty, as the reliance on Russian oil and gas was distributed between domestic producers and other sources. As the economy recovered, the need for oil and gas shot up quicker than supply could match, causing prices to surge and generating substantial returns. Nonetheles...

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