No surprise, right? Investment banking is a highly lucrative endeavor for the select few who can do it well. And KKR (NYSE:KKR) boasts north of $5.1 million in revenue per employee — though it obviously only has a handful of employees, not a staff in the thousands. There are fewer industries where such a small number of people can generate such huge revenue.
Also worth noting are the Bermuda-based reinsurance and “structured finance” companies. Take Assured Guaranty (NYSE:AGO), which turns about $3.8 million in revenue per employee. Without a retail banking operation but retaining the access to big-time capital markets, this makes these kind of financial companies the most efficient on a revenue basis.