With revenue of $372B that is a profit margin of 5.9%. Which is frankly terrible.
I suppose ideally they would have 0% margin, but 5.9% is a shitty business to be in. The owners could just buy treasuries and get 4.5% with no work and no risk.
With revenue of $372B that is a profit margin of 5.9%. Which is frankly terrible.
I suppose ideally they would have 0% margin, but 5.9% is a shitty business to be in. The owners could just buy treasuries and get 4.5% with no work and no risk.