Big business' windfall profits totalled £0.8tn in 2022

Excess profits made by the world's largest companies, by sector

2021 (£bn)

2022 (£bn)

Oil & Gas Operations

IT Software & Services

Transportation

Materials

Banking

Semiconductors

Technology Hardware

& Equipment

Drugs & Biotechnology

Diversified Financials

Other

0

50

100

150

200

250

300

2021 (£bn)

2022 (£bn)

Oil & Gas Operations

IT Software & Services

Transportation

Materials

Banking

Semiconductors

Technology Hardware

& Equipment

Drugs & Biotechnology

Diversified Financials

Other

0

50

100

150

200

250

300

2021 (£bn)

2022 (£bn)

Oil & Gas Operations

IT Software & Services

Transportation

Materials

Banking

Semiconductors

Technology Hardware

& Equipment

Drugs & Biotechnology

Diversified Financials

Other

0

50

100

150

200

250

300

2021 (£bn)

2022 (£bn)

Oil & Gas Operations

IT Software & Services

Transportation

Materials

Banking

Semiconductors

Technology Hardware

& Equipment

Drugs & Biotechnology

Diversified Financials

Other

0

50

100

150

200

250

300

2021 (£bn)

2022 (£bn)

Oil & Gas Operations

IT Software & Services

Transportation

Materials

Banking

Semiconductors

Technology Hardware

& Equipment

Drugs & Biotechnology

Diversified Financials

Other

0

50

100

150

200

250

300

Oxfam and Action Aid, 2023