Rankings · Quality

Highest return on capital

Graded A or B, ranked by operating profit as a share of the equity and debt the business runs on. Banks, insurers and companies with negative equity are left out, where the measure means nothing.

51 companies meet this test

Figures as of October 1, 2026

#CompanyGradeReturn on capitalNet marginMarket value
1APPAppLovin CorporationA+64.0%64.6%$103.3B
2CARGCarGurus, Inc.B+32.8%18.2%$2.9B
3ATEXAnterix Inc.A+32.7%933.0%$1.5B
4NFLXNETFLIX INCA+27.1%28.2%$292.8B
5VEONVEON Ltd.A+24.2%18.2%$5.5B
6IDTIDT CORPB22.8%6.7%$1.9B
7SPOTSpotify Technology S.A.A+21.3%12.9%$101.6B
8METAMeta Platforms, Inc.B+20.0%29.8%$1.9T
9NTESNETEASE, INC.A+18.8%27.9%$77.8B
10IMAXIMAX CorporationA16.8%9.8%$3.1B
11NYTTHE NEW YORK TIMES COMPANYA+16.2%13.2%$10.2B
12TIMBTIM S.A.A+14.8%16.2%$8.5B
13RCIRogers Communications Inc.A+14.2%27.5%$16.7B
14TMETencent Music Entertainment GroupB+13.7%32.6%$12.5B
15TTDThe Trade Desk, Inc.A+13.2%13.6%$5.7B
16RDDTReddit, Inc.A+11.8%31.3%$29.4B
17AMXAMERICA MOVIL SAB DE CV/A10.8%9.3%$65.6B
18BZKANZHUN LIMITEDA+10.3%33.1%$13.1B
19VIVTELEFONICA BRASIL S.A.A+9.4%10.3%$18.2B
20LYVLIVE NATION ENTERTAINMENT, INC.B9.3%0.5%$40.3B
21DISWALT DISNEY CO/B8.9%8.7%$182.1B
22TIGOMILLICOM INTERNATIONAL CELLULAR SAA8.6%9.2%$15.5B
23TKOTKO GROUP HOLDINGS, INC.B8.1%4.3%$34.3B
24IRDMIridium Communications Inc.B+8.1%10.5%$5.1B
25PHIPLDT Inc.A+7.9%13.1%$3.7B

More rankings

A ranking orders companies by one stated measure. It is not a recommendation, and it says nothing about whether any share price is reasonable.