What accounts for the rise in profit margins after the COVID crisis?

Profit margins are now very high in many OECD countries, which is surprising in the wake of the COVID crisis. We seek to determine the reasons for this increase in margins. It may be the result of: Government support; A skewing of income distribution in favour of companies, thanks to either price increases, wage cuts or faster productivity gains; A fall in the value of companies’ intermediate consumption. This is certainly not the case today, given the rise in energy, commodity and transport prices. We see that c orporate profitability is high after COVID in the United States, Japan and France. This stems from: In the United States, the extent of public transfer payments, price increases and productivity gains; In Japan, low wage growth; In France, public transfers payments.