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.

46 companies meet this test

Figures as of September 30, 2026

#CompanyGradeReturn on capitalNet marginMarket value
1TPLTEXAS PACIFIC LAND CORPORATIONB+32.4%60.3%$22.7B
2FTITechnipFMC plcA+24.3%11.3%$27B
3TRPTC ENERGY CORPORATIONA+20.0%23.2%$60.7B
4GPORGulfport Energy CorpB+18.6%32.3%$2.7B
5PARRPar Pacific Holdings, Inc.B17.4%9.9%$3.9B
6SMSM ENERGY COB+17.1%18.2%$7.9B
7MGYMagnolia Oil & Gas CorpB+15.3%28.8%$5.6B
8WHDCactus, Inc.B+14.6%12.0%$4.8B
9DHTDHT HOLDINGS, INC.A+14.4%16.7%$3.6B
10MPCMarathon Petroleum CorporationB14.0%5.6%$110.1B
11SLBSLB LIMITED/NVA14.0%8.5%$74B
12EFXTEnerflex LtdB13.8%2.5%$2.8B
13EOGEOG RESOURCES, INC.B+13.6%25.4%$73.3B
14OIIOCEANEERING INTERNATIONAL INCA+12.4%12.2%$4.4B
15FTKFLOTEK INDUSTRIES INC/CNA11.2%13.0%$1B
16BKRBaker Hughes CompanyB+11.2%11.2%$55.5B
17NVGSNAVIGATOR HOLDINGS LTDB+10.9%22.8%$1.5B
18NFGNATIONAL FUEL GAS COB+10.8%26.3%$7.3B
19MTDRMatador Resources CompanyA+10.8%18.5%$6.3B
20FROFrontline plcA+10.7%54.8%$10.9B
21LBLandBridge Company LLCA+10.6%16.5%$6.2B
22INSWINTERNATIONAL SEAWAYS, INC.B+10.5%62.0%$5.5B
23TGSGAS TRANSPORTER OF THE SOUTH INC.A+9.1%21.5%$3.9B
24NBRNABORS INDUSTRIES LTDB9.1%7.7%$1.2B
25AMANTERO MIDSTREAM CORPORATIONB+9.0%32.4%$9.6B

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.