Highest return on invested capital among large US companies
Large US companies ranked by return on invested capital from their latest annual report, with operating margin and revenue growth.
The rule: Public float of $10B or more, excluding banks, insurers and funds (ROIC does not describe them) and companies with negative shareholders' equity (heavy buybacks shrink the denominator until ROIC means little). Ranked by return on invested capital in the latest fiscal year. 337 companies qualify; the top 100 are shown. Figures are from each company's latest annual report on SEC EDGAR, so fiscal years end on different dates. A ranked screen of filed numbers, not investment advice.
| # | Company | Sector | ROIC | Operating margin | Revenue growth |
|---|---|---|---|---|---|
| 1 | MUMicron Technology Inc. | Technology | 106.5% | 74.6% | 256.3% |
| 2 | SNDKSandisk Corp | Technology | 105.9% | 61.2% | 175.3% |
| 3 | APPAppLovin Corp | Technology | 102.1% | 75.8% | 70.0% |
| 4 | NVDANVIDIA Corp. | Technology | 94.5% | 60.4% | 65.5% |
| 5 | MAMastercard Inc | Financials | 93.9% | 57.6% | 16.4% |
| 6 | STXSeagate Technology Holdings plc | Technology | 92.0% | 33.6% | 34.1% |
| 7 | LYVLive Nation Entertainment, Inc. | Consumer Discretionary | 88.6% | 5.0% | 8.8% |
| 8 | AAPLApple Inc. | Technology | 83.1% | 32.0% | 6.4% |
| 9 | NTAPNetApp, Inc. | Technology | 78.5% | 26.8% | 5.6% |
| 10 | LRCXLam Research Corp. | Technology | 77.7% | 35.3% | 26.0% |
| 11 | TPRTapestry, Inc. | Consumer Discretionary | 74.3% | 23.9% | 14.2% |
| 12 | FIXComfort Systems USA Inc. | Industrials | 73.3% | 14.4% | 29.5% |
| 13 | GEVGE Vernova Inc. | Industrials | 73.2% | 3.6% | 9.0% |
| 14 | ROSTRoss Stores, Inc. | Consumer Discretionary | 67.0% | 11.9% | 7.7% |
| 15 | ADBEAdobe Inc. | Technology | 61.7% | 36.6% | 10.5% |
| 16 | IDXXIdexx Laboratories Inc. | Health Care | 57.3% | 31.6% | 10.4% |
| 17 | ABNBAirbnb, Inc. | Consumer Discretionary | 56.7% | 20.8% | 10.3% |
| 18 | CMGChipotle Mexican Grill Inc. | Consumer Discretionary | 54.9% | 16.2% | 5.4% |
| 19 | CORCencora, Inc. | Health Care | 54.4% | 0.8% | 9.3% |
| 20 | EXPEExpedia Group, Inc. | Industrials | 53.9% | 12.7% | 7.6% |
| 21 | WDCWestern Digital Corp. | Technology | 52.2% | 34.5% | 35.7% |
| 22 | TSCOTractor Supply Co. | Consumer Discretionary | 48.9% | 9.4% | 4.3% |
| 23 | RLRalph Lauren Corp. | Consumer Discretionary | 48.3% | 14.5% | 14.6% |
| 24 | ITGartner Inc. | Industrials | 44.6% | 15.8% | 3.7% |
| 25 | BBYBest Buy Co. Inc. | Consumer Discretionary | 44.1% | 3.3% | 0.4% |
| 26 | VVisa Inc. | Financials | 42.4% | 60.0% | 11.3% |
| 27 | COSTCostco Wholesale Corp. | Consumer Staples | 41.4% | 3.9% | 10.1% |
| 28 | LIILennox International Inc. | Industrials | 40.0% | 20.1% | -2.7% |
| 29 | CLColgate-Palmolive Co. | Consumer Staples | 38.4% | 16.2% | 1.4% |
| 30 | CLSCelestica Inc. | Technology | 37.8% | 8.4% | 28.5% |
| 31 | VRSKVerisk Analytics, Inc. | Technology | 35.9% | 43.7% | 6.6% |
| 32 | JBLJabil Inc. | Technology | 35.7% | 4.0% | 3.2% |
| 33 | NFLXNetflix Inc. | Communication Services | 35.6% | 29.5% | 15.8% |
| 34 | DRIDarden Restaurants Inc. | Consumer Discretionary | 35.4% | 12.0% | 9.4% |
| 35 | GWWW.W. Grainger, Inc. | Industrials | 34.6% | 13.9% | 4.5% |
| 36 | FASTFastenal Co. | Industrials | 34.3% | 20.2% | 8.7% |
| 37 | ADSKAutodesk, Inc. | Technology | 33.4% | 21.9% | 17.5% |
| 38 | AMATApplied Materials Inc. | Technology | 33.2% | 29.2% | 4.4% |
| 39 | ACNAccenture plc | Technology | 31.7% | 14.7% | 7.4% |
| 40 | CTASCintas Corp. | Industrials | 31.7% | 23.1% | 8.9% |
| 41 | ROLRollins Inc. | Industrials | 31.0% | 19.3% | 11.0% |
| 42 | ITWIllinois Tool Works Inc. | Industrials | 30.9% | 26.3% | 0.9% |
| 43 | GDDYGoDaddy Inc. | Technology | 30.6% | 22.8% | 8.3% |
| 44 | MSFTMicrosoft Corp. | Technology | 30.6% | 46.8% | 17.8% |
| 45 | MCOMoody's Corp. | Financials | 30.6% | 43.4% | 8.9% |
| 46 | VRTVertiv Holdings Co | Technology | 30.2% | 17.9% | 27.7% |
| 47 | MMM3M Co. | Industrials | 30.2% | 18.6% | 1.5% |
| 48 | CFCF Industries Holdings, Inc. | Materials | 29.8% | 32.5% | 19.3% |
| 49 | TTTrane Technologies plc | Industrials | 29.1% | 18.6% | 7.5% |
| 50 | APHAmphenol Corp. | Technology | 29.0% | 25.4% | 51.7% |
| 51 | SNSharkNinja, Inc. | Consumer Discretionary | 28.8% | 14.4% | 15.8% |
| 52 | METAMeta Platforms, Inc. | Communication Services | 28.7% | 41.4% | 22.2% |
| 53 | MSIMotorola Solutions, Inc. | Technology | 28.7% | 25.6% | 8.0% |
| 54 | GOOGLAlphabet Inc. | Communication Services | 28.6% | 32.0% | 15.1% |
| 55 | VLTOVeralto Corp | Technology | 28.1% | 23.2% | 6.0% |
| 56 | CVNACarvana Co. | Consumer Discretionary | 27.3% | 9.3% | 48.6% |
| 57 | LNGCheniere Energy, Inc. | Energy | 27.2% | 45.6% | 27.2% |
| 58 | LMTLockheed Martin Corp. | Industrials | 27.1% | 10.3% | 5.6% |
| 59 | RMDResmed Inc. | Health Care | 26.7% | 33.4% | 9.8% |
| 60 | HDHome Depot, Inc. | Consumer Discretionary | 26.1% | 12.7% | 3.2% |
| 61 | PAYXPaychex Inc. | Industrials | 26.1% | 38.6% | 16.9% |
| 62 | ONCBeOne Medicines Ltd. | Health Care | 25.8% | 8.4% | 40.2% |
| 63 | BJBJ's Wholesale Club Holdings, Inc. | Consumer Staples | 25.6% | 3.8% | 4.7% |
| 64 | LECOLincoln Electric Holdings Inc. | Industrials | 24.5% | 17.0% | 5.6% |
| 65 | ODFLOld Dominion Freight Line, Inc. | Industrials | 24.4% | 24.8% | -5.5% |
| 66 | BAHBooz Allen Hamilton Holding Corp | Industrials | 24.2% | 9.2% | -6.4% |
| 67 | JKHYJack Henry & Associates Inc. | Technology | 23.8% | 25.0% | 7.1% |
| 68 | ACMAecom | Industrials | 23.7% | 6.4% | 0.2% |
| 69 | CRSCarpenter Technology Corp. | Materials | 23.7% | 22.5% | 8.6% |
| 70 | EBAYeBay Inc. | Industrials | 22.9% | 20.5% | 8.0% |
| 71 | GILDGilead Sciences, Inc. | Health Care | 22.9% | 34.0% | 2.4% |
| 72 | MELIMercadoLibre Inc. | Consumer Discretionary | 22.8% | 11.1% | 39.1% |
| 73 | CHRWC. H. Robinson Worldwide, Inc. | Industrials | 22.6% | 4.9% | -8.4% |
| 74 | FSLRFirst Solar, Inc. | Technology | 22.5% | 30.6% | 24.1% |
| 75 | HWMHowmet Aerospace Inc. | Industrials | 22.4% | 24.8% | 11.1% |
| 76 | KMBKimberly-Clark Corp. | Materials | 22.3% | 14.3% | -2.1% |
| 77 | CSLCarlisle Companies Inc. | Materials | 21.9% | 20.0% | 0.3% |
| 78 | FERGFerguson Enterprises Inc. | Industrials | 21.8% | 8.5% | 3.8% |
| 79 | ALLEAllegion plc | Industrials | 21.5% | 21.1% | 7.8% |
| 80 | ROKRockwell Automation, Inc. | Technology | 21.3% | 20.4% | 0.9% |
| 81 | WSOWatsco Inc. | Industrials | 21.2% | 10.0% | -5.0% |
| 82 | WATWaters Corp. | Health Care | 21.0% | 25.4% | 7.0% |
| 83 | PYPLPayPal Holdings, Inc. | Financials | 20.9% | 18.3% | 4.3% |
| 84 | THCTenet Healthcare Corp. | Health Care | 20.6% | 16.5% | 3.1% |
| 85 | FDSFactSet Research Systems Inc. | Technology | 20.4% | 32.2% | 5.4% |
| 86 | SOLVSolventum Corp | Health Care | 20.4% | 26.2% | 0.9% |
| 87 | PODDInsulet Corp. | Health Care | 20.4% | 17.5% | 30.7% |
| 88 | PGProcter & Gamble Co. | Consumer Staples | 20.1% | 22.7% | 3.3% |
| 89 | POOLPool Corp. | Industrials | 20.0% | 11.0% | -0.4% |
| 90 | INTUIntuit Inc. | Technology | 20.0% | 27.4% | 13.9% |
| 91 | UBERUber Technologies, Inc | Industrials | 20.0% | 10.7% | 18.3% |
| 92 | AVGOBroadcom Inc. | Technology | 19.9% | 39.9% | 23.9% |
| 93 | QCOMQualcomm Inc. | Technology | 19.9% | 27.9% | 13.7% |
| 94 | CSCOCisco Systems, Inc. | Technology | 19.7% | 24.3% | 11.8% |
| 95 | AMZNAmazon Com Inc. | Consumer Discretionary | 19.5% | 11.2% | 12.4% |
| 96 | DCIDONALDSON Co INC | Industrials | 19.4% | 15.4% | 5.3% |
| 97 | TXNTexas Instruments Inc. | Technology | 19.4% | 34.1% | 13.1% |
| 98 | LDOSLeidos Holdings, Inc. | Technology | 19.4% | 12.3% | 3.1% |
| 99 | SNASnap-on Inc | Industrials | 19.3% | 25.8% | 0.9% |
| 100 | CMICummins Inc. | Industrials | 19.2% | 11.9% | -1.3% |
Definitions on the methodology page. More lists: all screens and companies by sector.