Profitable large companies with almost no debt
Large, profitable US companies with debt under 10% of shareholders' equity, from their latest annual report.
The rule: Public float of $10B or more, excluding financials and REITs (REITs often file their borrowings under labels our debt figure does not capture); positive net income and shareholders' equity; total debt under 0.1x equity. Ranked by size. 25 companies qualify. 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 | Debt to equity | Net margin | Public float |
|---|---|---|---|---|---|
| 1 | NVDANVIDIA Corp. | Technology | 0.05x | 55.6% | $4.00T |
| 2 | MSFTMicrosoft Corp. | Technology | 0.09x | 40.3% | $3.60T |
| 3 | TSLATesla, Inc. | Consumer Discretionary | 0.08x | 4.0% | $892.9B |
| 4 | MUMicron Technology Inc. | Technology | 0.02x | 63.8% | $368.1B |
| 5 | GEVGE Vernova Inc. | Industrials | 0.01x | 12.8% | $144.0B |
| 6 | CMGChipotle Mexican Grill Inc. | Consumer Discretionary | 0.00x | 12.9% | $64.0B |
| 7 | REGNRegeneron Pharmaceuticals, Inc. | Health Care | 0.06x | 31.4% | $54.8B |
| 8 | CTVACorteva, Inc. | Consumer Staples | 0.07x | 6.3% | $50.6B |
| 9 | FASTFastenal Co. | Industrials | 0.03x | 15.3% | $48.1B |
| 10 | EWEdwards Lifesciences Corp | Health Care | 0.06x | 17.7% | $45.9B |
| 11 | SNDKSandisk Corp | Technology | 0.00x | 56.5% | $40.5B |
| 12 | KVUEKenvue Inc. | Consumer Staples | 0.07x | 9.7% | $39.6B |
| 13 | CTSHCognizant Technology Solutions Corp. | Technology | 0.04x | 10.6% | $38.1B |
| 14 | CSGPCoStar Group, Inc. | Industrials | 0.02x | 0.2% | $33.9B |
| 15 | ODFLOld Dominion Freight Line, Inc. | Industrials | 0.00x | 18.6% | $30.4B |
| 16 | TSCOTractor Supply Co. | Consumer Discretionary | 0.06x | 7.1% | $22.0B |
| 17 | PHMPulteGroup Inc. | Consumer Discretionary | 0.00x | 12.8% | $20.7B |
| 18 | FIXComfort Systems USA Inc. | Industrials | 0.06x | 11.2% | $18.6B |
| 19 | FSLRFirst Solar, Inc. | Technology | 0.03x | 29.3% | $17.7B |
| 20 | ULTAUlta Beauty, Inc. | Consumer Discretionary | 0.02x | 9.3% | $16.9B |
| 21 | YUMCYum China Holdings, Inc. | Consumer Discretionary | 0.01x | 7.9% | $16.5B |
| 22 | WSTWest Pharmaceutical Services Inc. | Health Care | 0.06x | 16.1% | $15.7B |
| 23 | JKHYJack Henry & Associates Inc. | Technology | 0.02x | 19.8% | $13.1B |
| 24 | TERTeradyne, Inc. | Technology | 0.07x | 17.4% | $12.7B |
| 25 | JLLJones Lang LaSalle Inc. | Real Estate | 0.00x | 3.0% | $12.0B |
Definitions on the methodology page. More lists: all screens and companies by sector.