The Most Revenue Per Employee
Unemployment hit 8.9 percent in April and some predict that number could climb to over 10 percent in 2009 as major companies streamline operations to combat the recession.
But how far can this streamlining really go? For many companies, revenues hinge on worker productivity, and for most operations, per-worker profits and revenues are many multiples of average employee salaries. The measure of revenue per employee also helps shed light on a firm's money-making efficiency and likelihood it will retain jobs. The best companies require the least number of workers to make the most money.
Using data from ThomsonReuters, we look at how much revenue S&P 500 companies generated per employee over the past 12 months (Q2 2008 - Q1 2009), compared within each of the S&P 500’s 24 industry groups. Of note, data on the entire banking industry group and some finance-related institutions are not tracked. Note: because many banks report revenue as interest income and not sales on their financials, we have excluded them from this analysis for a more apples-to-apples comparison.
So, which companies make the most revenue per employee? Click ahead to find out!
By Ariel Nelson & Paul Toscano
Posted 26 May 2009
Automobiles & Components
Industry Leader: Harley Davidson (HOG)
Annual revenue per employee: $641,612
Annual profit per employee: $62,848
Employees: 9,300
Industry Laggard: Johnson Controls (JCI)
Annual revenue per employee: $234,450
Annual profit per employee: -$2,600
Employees: 140,000
Complete Sector Information
Consumer Durables & Apparel
Industry Leader: KB Home (KBH)
Annual revenue per employee: $1,591,921
Annual profit per employee: -$478,769
Employees: 1,600
Industry Laggard: VF Corp. (VFC)
Annual revenue per employee: $161,411
Annual profit per employee: $11,892
Employees: 46,600
Complete Sector Information
Consumer Services
Industry Leader: H & R Block (HRB)
Annual revenue per employee: $436,295
Annual profit per employee: $51,172
Employees: 9,700
Industry Laggard: Starwood Hotels (HOT)
Annual revenue per employee: $38,338
Annual profit per employee: $1,248
Employees: 145,000
Complete Sector Information
Media
Industry Leader: Viacom Inc. (VIA)
Annual revenue per employee: $1,253,304
Annual profit per employee: $100,522
Employees: 11,500
Industry Laggard: Interpublic Group (IPG)
Annual revenue per employee: $151,173
Annual profit per employee: $6,784
Employees: 45,000
Complete Sector Information
Retailing
Industry Leader: Amazon.com (AMZN)
Annual revenue per employee: $962,319
Annual profit per employee: $33,237
Employees: 20,600
Industry Laggard: Gap Inc. (GPS)
Annual revenue per employee: $108,403
Annual profit per employee: $7,216
Employees: N/A
Complete Sector Information
Food & Staples Retailing
Industry Leader: Costco Wholesale (COST)
Annual revenue per employee: $972,688
Annual profit per employee: $15,932
Employees: 75,000
Industry Laggard: Whole Foods (WFMI)
Annual revenue per employee: $169,962
Annual profit per employee: $2,201
Employees: 46,800
Complete Sector Information
Food, Beverage & Tobacco
Industry Leader: Archer Daniels Midland (ADM)
Annual revenue per employee: $2,697,790
Annual profit per employee: $73,007
Employees: 27,600
Industry Laggard: Pepsi Bottling (PBG)
Annual revenue per employee: $204,371
Annual profit per employee: $2,874
Employees: 66,800
Complete Sector Information
Household & Personal Products
Industry Leader: Clorox (CLX)
Annual revenue per employee: $656,024
Annual profit per employee: $63,253
Employees: 8,300
Industry Laggard: Estee Lauder (EL)
Annual revenue per employee: $239,159
Annual profit per employee: $11,378
Employees: 32,000
Complete Sector Information
Energy
Industry Leader: Murphy Oil Corp. (MUR)
Annual revenue per employee: $7,609,147
Annual profit per employee: $436,833
Employees: 3,206
Industry Laggard: Nabors Industries (NBR)
Annual revenue per employee: $190,448
Annual profit per employee: $15,724
Employees: 26,912
Complete Sector Information
Diversified Financials
Industry Leader: NASDAQ OMX (NDAQ)
Annual revenue per employee: $1,486,727
Annual profit per employee: $115,983
Employees: 2,507
Industry Laggard: Leucadia National (LUK)
Annual revenue per employee: $281,047
Annual profit per employee: -$579,882
Employees: 3,584
Complete Sector Information
Insurance
Industry Leader: MBIA Inc. (MBI)
Annual revenue per employee: $9,560,455
Annual profit per employee: $1,034,971
Employees: 420
Industry Laggard: Amer. Int’l Grp. (AIG)
Annual revenue per employee: $151,129
Annual profit per employee: -$843,043
Employees: 116,000
Complete Sector Information
Real Estate
Industry Leader: Host Hotels & Resorts (HST)
Annual revenue per employee: $23,236,360
Annual profit per employee: $1,204,546
Employees: 215
Industry Laggard: CB Richard Ellis (CBG)
Annual revenue per employee: $159,611
Annual profit per employee: -$35,981
Employees: 30,000
Complete Sector Information
Health Care Equip. & Services
Industry Leader: AmerisourceBergen (ABC)
Annual revenue per employee: $7,196,345
Annual profit per employee: $49,938
Employees: 9,700
Industry Laggard: Lab Corp of America (LH)
Annual revenue per employee: $162,775
Annual profit per employee: $17,132
Employees: 28,000
Complete Sector Information
Pharmaceuticals & Biotech
Industry Leader: Gilead Sciences (GILD)
Annual revenue per employee: $1,630,249
Annual profit per employee: $610,931
Employees: 3,441
Industry Laggard: PerkinElmer Inc. (PKI)*
Annual revenue per employee: $241,813
Annual profit per employee: $15,249
Employees: 8,500
*Originally listed was Life Technologies (LIFE), but it was brought to the attention of CNBC that due to a recent merger of companies, ThomsonReuters data did not reflect the combined revenues for Life Technologies over the past 12 months. This ranking has been changed to reflect this correction.
Complete Sector Information
Capital Goods
Industry Leader: Fluor Corp. (FLR)
Annual revenue per employee: $833,934
Annual profit per employee: $28,746
Employees: 27,958
Industry Laggard: Fastenal Corp. (FAST)
Annual revenue per employee: $166,072
Annual profit per employee: $19,098
Employees: 12,736
Complete Sector Information
Commercial & Professional Services
Industry Leader: Dun & Bradstreet (DNB)
Annual revenue per employee: $350,816
Annual profit per employee: $72,490
Employees: 4,900
Industry Laggard: Cintas Corp (CTAS)
Annual revenue per employee: $114,852
Annual profit per employee: $9,175
Employees: 34,000
Complete Sector Information
Transportation
Industry Leader: CH Robinson (CHRW)
Annual revenue per employee: $1,040,377
Annual profit per employee: $45,005
Employees: 7,481
Industry Laggard: UPS (UPS)
Annual revenue per employee: 116,782
Annual profit per employee: 5,864
Employees: 426,000
Complete Sector Information
Semiconductors & Semi Equip.
Industry Leader: Broadcom (BRCM)
Annual revenue per employee: $605,318
Annual profit per employee: $6,559
Employees: 7,185
Industry Laggard: National Semi (NSM)
Annual revenue per employee: $224,877
Annual profit per employee: $30,164
Employees: 6,500
Complete Sector Information
Technology Hardware & Equip.
Industry Leader: Apple Inc. (AAPL)
Annual revenue per employee: $1,052,781
Annual profit per employee: $156,813
Employees: 32,000
Industry Laggard: Molex Inc. (MOLX)
Annual revenue per employee: $89,650
Annual profit per employee: -$1,552
Employees: 32,160
Complete Sector Information
Software & Services
Industry Leader: Google Inc. (GOOG)
Annual revenue per employee: $1,093,892
Annual profit per employee: $214,768
Employees: 20,164
Industry Laggard: Convergys Corp. (CVG)
Annual revenue per employee: $36,855
Annual profit per employee: -$1,344
Employees: 75,000
Complete Sector Information
Materials
Industry Leader: CF Industries (CF)
Annual revenue per employee: $2,622,933
Annual profit per employee: $391,133
Employees: 1,500
Industry Laggard: Ecolab Inc. (ECL)
Annual revenue per employee: $227,464
Annual profit per employee: $15,204
Employees: 26,500
Complete Sector Information
Telecommunication Services
Industry Leader: American Tower (AMT)
Annual revenue per employee: $1,349,998
Annual profit per employee: $208,207
Employees: 1,198
Industry Laggard: Embarq Corp. (EQ)
Annual revenue per employee: $368,388
Annual profit per employee: $47,313
Employees: 15,000
Complete Sector Information
Energy
Industry Leader: Integrys Energy (TEG)
Annual revenue per employee: $2,554,798
Annual profit per employee: -$36,859
Employees: 5,191
Industry Laggard: Pinnacle West (PNW)
Annual revenue per employee: $441,095
Annual profit per employee: $6,926
Employees: 7,500
Complete Sector Information