Most of the companies on this list have been energy companies so far. Unsurprisingly, there are also several automakers on this list. After all, oil isn’t worth much if people aren’t using it to fuel their cars. Toyota was the highest-grossing automaker of 2019 and started 2020 at the top, having earned $280,500,000.
Toyota, a Japanese company, has a reputation for building very fuel-efficient cars. It led the way in hybrid vehicles with the introduction of its Prius. Toyota’s fuel efficiency may help it stay at the top of the line as people continue looking for more fuel-efficient and electric cars. The economic collapse of 2020 may take a heavy toll, as people have had to forego car purchases they were planning to make. A high number of layoffs with unprecedented uncertainty about the future and less driving in general may deal Toyota a blow it won’t ever fully recover from.